Lockheed Martin Corporation
As of Fiscal Year 2025 (ended December 31, 2025)
Key KPIs at a Glance
| Metric | Value |
|---|---|
| Total net sales (FY2025) | $75.0 billion, up 6% year-over-year (FY2024: $71.0 billion) |
| Net earnings (FY2025) | $5.0 billion ($5,017 million); diluted EPS of $21.49 |
| Free cash flow (FY2025) | $6.9 billion ($6,908 million) |
| Total backlog (as of Dec 31, 2025) | $193.6 billion, a record high for the company |
| Aeronautics operating profit (FY2025) | $2,086 million, despite a $950 million pre-tax charge on a classified fixed-price development program |
| Missiles and Fire Control operating profit (FY2025) | $1,989 million |
| Rotary and Mission Systems operating profit (FY2025) | $1,323 million, after combined charges of roughly $665 million on the CMHP and TUHP helicopter programs (~$570M and ~$95M, respectively) |
| Space operating profit (FY2025) | $1,345 million |
| Dividends paid (FY2025) | $3.1 billion; quarterly dividend rate raised 5% to $3.45 per share for Q4 2025 |
| F-35 aircraft deliveries (FY2025) | 191 aircraft delivered |
| Employees (as of Dec 31, 2025) | Approximately 123,000 employees worldwide (~72,000 engineers, scientists, and IT professionals; ~93% U.S.-based) |
Sources: All figures are company-disclosed, sourced from Lockheed Martin's Fourth Quarter and Full Year 2025 Financial Results press release (Exhibit 99.1, filed with the SEC, dated January 29, 2026) and the FY2025 Form 10-K (filed January 29, 2026), unless otherwise noted. FY2021-FY2023 net sales figures are from the corresponding prior-year full-year earnings releases (SEC Exhibit 99.1 filings). No third-party estimates are used. Segment operating profit figures shown in the KPI table are segment-level results before unallocated corporate items/FAS-CAS adjustment and include the effect of program charges noted below; all four segments were profitable for the full year despite these charges, so none required exclusion from the sales pie chart.