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Lockheed Martin Corporation  (LMT)
Other Ticker:  
 
    Sector  Capital Goods    Industry Aerospace & Defense
   Industry Aerospace & Defense
   Sector  Capital Goods

Lockheed Martin's Working Capital Ratio

LMT's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


Current Liabilities decreased faster than Lockheed Martin's Current Assets, this led to improvement in Lockheed Martin's Working Capital Ratio to 2.65, above Lockheed Martin Corporation average Working Capital Ratio.

Within Aerospace & Defense industry 2 other companies have achieved higher Working Capital Ratio than Lockheed Martin in forth quarter 2023. While Working Capital Ratio total ranking in the forth quarter 2023 has deteriorated compared to the prior quarter from 40 to 43.

Explain Working Capital Ratio
How much in Current Assets LMTīs has?
What is the value of LMTīs Current Liabilities?


LMT Working Capital Ratio (Dec 31 2023)
IV. Quarter
(Sep 24 2023)
III. Quarter
(Jun 25 2023)
II. Quarter
(Mar 26 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change 4.7 % 11.69 % 13.31 % 6.15 % 25.62 %
Y / Y Current Assets Change -2.24 % 11.27 % 14.85 % 8.6 % 5.93 %
Working Capital Ratio MRQ 2.65 2.52 2.53 2.56 2.84
LMT's Total Ranking # 43 # 40 # 1694 # 1795 # 274
Seq. Current Liabilities Change -16.31 % -2.76 % 10.11 % 16.85 % -10.73 %
Seq. Current Assets Change -12.01 % -3.18 % 8.77 % 5.49 % 0.15 %



Working Capital Ratio forth quarter 2023 Company Ranking
Within: No.
Aerospace & Defense Industry # 3
Capital Goods Sector # 10
Overall Market # 43


Working Capital Ratio Statistics
High Average Low
3.36 1.54 0.69
(Dec 31 2021)   (Dec 31 2013)




Financial Statements
Lockheed Martin's Current Liabilities $ 7,747 Millions Visit LMT's Balance sheet
Lockheed Martin's Current Assets $ 20,521 Millions Visit LMT's Balance sheet
Source of LMT's Sales Visit LMT's Sales by Geography


Cumulative Lockheed Martin's Working Capital Ratio

LMT's Working Capital Ratio for the trailling 12 Months

LMT Working Capital Ratio

(Dec 31 2023)
IV. Quarter
(Sep 24 2023)
III. Quarter
(Jun 25 2023)
II. Quarter
(Mar 26 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth 4.7 % 11.69 % 13.31 % 6.15 % 25.62 %
Y / Y Current Assets TTM Growth -2.24 % 11.27 % 14.85 % 8.6 % 5.93 %
Working Capital Ratio TTM 2.56 2.6 2.6 2.6 2.58
Total Ranking TTM # 1420 # 3903 # 307 # 4133 # 321
Seq. Current Liabilities TTM Growth -16.31 % -2.76 % 10.11 % 16.85 % -10.73 %
Seq. Current Assets TTM Growth -12.01 % -3.18 % 8.77 % 5.49 % 0.15 %


On the trailing twelve months basis Due to decline in Current Liabilities in the IV Quarter 2023 to $7,747.00 millions, cumulative Working Capital Ratio decreased to 2.56 above the LMT average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Aerospace & Defense industry 19 other companies have achieved higher Working Capital Ratio than Lockheed Martin. While Working Capital Ratio overall ranking has improved so far to 1420, from total ranking during the twelve months ending third quarter 2023 at 3903.

Explain Working Capital Ratio
How much in Current Assets LMTīs has?
What is the value of LMTīs Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Aerospace & Defense Industry # 20
Capital Goods Sector # 130
Within the Market # 1420


trailing twelve months Working Capital Ratio Statistics
High Average Low
1.39 1.18 1.01
(Dec 31 2021)   (Dec 31 2011)




Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Aerospace & Defense Industry Working Capital RatioDec 31 2023 MRQ Current AssetsDec 31 2023 MRQ Current Liabilities
Ammo Inc   4.93 $ 131.279  Millions$ 26.619  Millions
Vertical Aerospace ltd   4.17 $ 76.793  Millions$ 18.418  Millions
Transdigm Group Incorporated  4.07 $ 7,396.000  Millions$ 1,818.000  Millions
Aar Corp  3.14 $ 1,194.400  Millions$ 380.100  Millions
Axon Enterprise inc   3.00 $ 2,396.649  Millions$ 799.969  Millions
Ducommun Incorporated  2.99 $ 549.569  Millions$ 183.703  Millions
Lockheed Martin Corporation  2.65 $ 20,521.000  Millions$ 7,747.000  Millions
Vista Outdoor inc   2.58 $ 1,136.199  Millions$ 440.032  Millions
Leonardo Drs Inc   2.58 $ 1,918.000  Millions$ 743.000  Millions
Kratos Defense and Security Solutions inc   2.03 $ 594.200  Millions$ 292.500  Millions
Nextracker Inc   1.87 $ 1,418.960  Millions$ 759.437  Millions
Northrop Grumman Corp  1.77 $ 13,706.000  Millions$ 7,749.000  Millions
Spirit Aerosystems Holdings inc   1.71 $ 3,751.800  Millions$ 2,198.300  Millions
Teledyne Technologies Inc  1.69 $ 2,981.400  Millions$ 1,766.100  Millions
Kaman Corporation  1.32 $ 452.439  Millions$ 342.800  Millions
Boeing Co  1.14 $ 109,275.000  Millions$ 95,827.000  Millions
L3harris Technologies Inc   1.01 $ 8,055.000  Millions$ 8,004.000  Millions
Lilium N v   0.84 $ 218.656  Millions$ 260.016  Millions

Date modified: 2024-01-25T21:12:55+00:00



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