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Lockheed Martin revenue
Lockheed Martin's revenue is $71.0 billion.
What is Lockheed Martin's revenue?
- Lockheed Martin's revenue growth from 2001 to 2024 is 196.14%.
- Lockheed Martin has 115,000 employees, and the revenue per employee ratio is $617,765.
- Lockheed Martin's peak quarterly revenue was $19.0B in 2022(q4).
- Lockheed Martin peak revenue was $71.0B in 2024.
- Lockheed Martin annual revenue for 2023 was 67.6B, 2.41% growth from 2022.
- Lockheed Martin annual revenue for 2024 was 71.0B, 5.14% growth from 2023.
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Lockheed Martin historical revenue
Lockheed Martin's peak revenue was $71.0B in 2024. The peak quarterly revenue was $19.0B in 2022(q4).
Lockheed Martin's revenue increased from $24.0b in 2001 to $71.0B currently. That's a 196.14% change in annual revenue.
Lockheed Martin annual revenue
Lockheed Martin annual revenue over time
| Fiscal year / year | Lockheed Martin revenue |
|---|---|
| 2009 | $28.3B |
| 2010 | $28.0B |
| 2011 | $28.4B |
| 2012 | $29.4B |
| 2013 | $27.1B |
| 2014 | $30.8B |
| 2015 | $30.0B |
| 2016 | $34.3B |
| 2017 | $50.0B |
| 2018 | $53.8B |
| 2019 | $59.8B |
| 2020 | $65.4B |
| 2021 | $67.0B |
| 2022 | $66.0B |
| 2023 | $67.6B |
| 2024 | $71.0B |
How accurately did Lockheed Martin's revenue projections match actual performance?
Lockheed Martin annual growth
Lockheed Martin saw the greatest revenue growth in 2017, when revenue increased by 45.55%.
Lockheed Martin had the lowest revenue growth in 2007, when revenue changed by -25.81%.
Lockheed Martin annual growth rate over time
| Year | Lockheed Martin growth |
|---|---|
| 2009 | 3%↑ |
| 2010 | -1%↓ |
| 2011 | 1%↑ |
| 2012 | 4%↑ |
| 2013 | -8%↓ |
| 2014 | 14%↑ |
| 2015 | -2%↓ |
| 2016 | 14%↑ |
| 2017 | 46%↑ |
| 2018 | 8%↑ |
| 2019 | 11%↑ |
| 2020 | 9%↑ |
| 2021 | 3%↑ |
| 2022 | -2%↓ |
| 2023 | 2%↑ |
| 2024 | 5%↑ |
Lockheed Martin quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
Lockheed Martin quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2009 | $10.4B | $11.1B | $10.8B | $12.1B |
| 2010 | $10.4B | $11.3B | $11.4B | $12.7B |
| 2011 | $10.6B | $11.5B | $12.1B | $12.2B |
| 2012 | $11.3B | $11.9B | $11.9B | $12.1B |
| 2013 | $11.1B | $11.4B | $11.4B | $11.5B |
| 2014 | $10.6B | $11.3B | $11.1B | $6.9B |
| 2015 | $10.1B | $11.6B | $10.1B | $11.5B |
| 2016 | $10.4B | $11.6B | $11.6B | $13.8B |
| 2017 | $11.2B | $12.6B | $12.3B | $13.8B |
| 2018 | $11.6B | $13.4B | $14.3B | $14.4B |
| 2019 | $14.3B | $14.4B | $15.2B | $15.9B |
| 2020 | $15.7B | $16.2B | $16.5B | $17.0B |
| 2021 | $16.3B | $17.0B | $16.0B | $17.7B |
| 2022 | $15.0B | $15.4B | $16.6B | $19.0B |
| 2023 | $15.1B | $16.7B | $16.9B | $18.9B |
| 2024 | $17.2B | $18.1B | $17.1B | $18.6B |
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Lockheed Martin financial information
| CEO | James D. Taiclet |
| Industry | Commercial & Professional Services |
| Company Type | Public |
| Employees Number | 115,000 |
| Date Founded | 1995 |
| Headquarters | Bethesda, Maryland |
| Number of Locations | 66 |
| Revenue | $71.0B |
| Net Income | $6,920,000,000 |
| Gross Proft | $7.0B (2024) |
| PE Ratio | 15.89 |
| Tax Rate | 0.1% |
| Market Capitalization | $84.8B |
| Total Assets | $52,456,000,000 |
| Ticker | LMT |
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Lockheed Martin financing
Lockheed Martin received early financing of $540.0K on 1997-03-27.
| Series | Round size | Date |
|---|---|---|
| Grant | $540K | 03/1997 |
| Grant | $376K | 03/1998 |
| Grant | $23M | 07/2009 |
| Post Ipo Equity | $4.4M | 11/2010 |
Lockheed Martin investors
| Investors | Security type |
|---|---|
| NYSERDA | Grant |
| NYSERDA | Grant |
| The U.S. Air Force | Grant |
Lockheed Martin competitors
Lockheed Martin's top competitor, Microsoft, earned an annual revenue of $245.1B.
Lockheed Martin's smallest competitor is Savi Technology with revenue of $25.0M last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Northrop Grumman | $77,399 | $41.0B | 97,000 | 2,963 |
| Booz Allen Hamilton | $94,001 | $10.7B | 29,200 | 1,879 |
| Boeing | $72,617 | $66.5B | 141,582 | 3,206 |
| United Space Alliance | $64,105 | $2.0B | 2,500 | - |
| Raytheon Technologies | $72,022 | $29.2B | 67,000 | 1,779 |
| Savi Technology | $87,069 | $25.0M | 200 | 9 |
| Computer Science Corporation | $73,824 | $7.6B | 66,000 | - |
| IBM | $86,845 | $62.8B | 270,000 | 3,031 |
| Intel | $94,208 | $53.1B | 121,100 | 606 |
| Collins Aerospace | $85,837 | $2.4B | 50,000 | - |
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Zippia gives an in-depth look into the details of Lockheed Martin, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Lockheed Martin. The employee data is based on information from people who have self-reported their past or current employments at Lockheed Martin. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Lockheed Martin. The data presented on this page does not represent the view of Lockheed Martin and its employees or that of Zippia.
Lockheed Martin may also be known as or be related to Lockheed Martin, Lockheed Martin Corporation, Lockheed Martin Global, Inc., lockheed and lockheed missiles and space company.