Lockheed Martin Corporation
LMTFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
71,043
Cost of Revenue
64,113
Gross Profit
6,930
Gross Margin
9.8%
Operating Income
7,013
Operating Margin
9.9%
Net Income
5,336
Net Margin
7.5%
EPS (Basic)
$22.39
EPS (Diluted)
$22.31
EBITDA
8,816
EBITDA Margin
12.4%
2023
12/31/2023
Revenue
67,571
Cost of Revenue
59,092
Gross Profit
8,479
Gross Margin
12.5%
Operating Income
8,507
Operating Margin
12.6%
Net Income
6,920
Net Margin
10.2%
EPS (Basic)
$27.65
EPS (Diluted)
$27.55
EBITDA
10,444
EBITDA Margin
15.5%
2022
12/31/2022
Revenue
65,984
Cost of Revenue
57,697
Gross Profit
8,287
Gross Margin
12.6%
Operating Income
8,348
Operating Margin
12.7%
Net Income
5,732
Net Margin
8.7%
EPS (Basic)
$21.74
EPS (Diluted)
$21.66
EBITDA
8,707
EBITDA Margin
13.2%
2021
12/31/2021
Revenue
67,044
Cost of Revenue
57,983
Gross Profit
9,061
Gross Margin
13.5%
Operating Income
9,123
Operating Margin
13.6%
Net Income
6,315
Net Margin
9.4%
EPS (Basic)
$22.85
EPS (Diluted)
$22.77
EBITDA
9,483
EBITDA Margin
14.1%
2020
12/31/2020
Revenue
65,398
Cost of Revenue
56,744
Gross Profit
8,654
Gross Margin
13.2%
Operating Income
8,644
Operating Margin
13.2%
Net Income
6,833
Net Margin
10.4%
EPS (Basic)
$24.40
EPS (Diluted)
$24.30
EBITDA
10,116
EBITDA Margin
15.5%