Lockheed Martin Corporation (LMT)
Interest coverage
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 7,040,000 | 7,256,000 | 8,507,000 | 7,303,000 | 8,119,000 |
| Interest expense | US$ in thousands | 1,118,000 | 1,036,000 | 916,000 | 623,000 | 569,000 |
| Interest coverage | 6.30 | 7.00 | 9.29 | 11.72 | 14.27 |
December 31, 2025 calculation
Interest coverage = EBIT ÷ Interest expense
= $7,040,000K ÷ $1,118,000K
= 6.30
Peer comparison
Dec 31, 2025
Company name
Symbol
Interest coverage
Lockheed Martin Corporation
LMT
6.30
GE Aerospace
GE
12.86
General Dynamics Corporation
GD
17.25
Hexcel Corporation
HXL
4.58
L3Harris Technologies Inc
LHX
4.24
Northrop Grumman Corporation
NOC
8.62
Raytheon Technologies Corp
RTX
5.77
Textron Inc
TXT
10.72
The Boeing Company
BA
1.95
Transdigm Group Incorporated
TDG
0.00
Woodward Inc
WWD
12.41