LOCKHEED MARTIN CORP Annual Operating Margin in % from 2016 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Lockheed Martin Corp quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • Lockheed Martin Corp Operating Margin for the quarter ending June 30, 2024 was 12 %, a 6.41% decline year-over-year.
  • Lockheed Martin Corp annual Operating Margin for 2023 was 12.6 %, a 0.47% decline from 2022.
  • Lockheed Martin Corp annual Operating Margin for 2022 was 12.7 %, a 7.06% decline from 2021.
  • Lockheed Martin Corp annual Operating Margin for 2021 was 13.6 %, a 2.95% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 12.6 -0.06 -0.47% Jan 1, 2023 Dec 31, 2023
2022 12.7 -0.96 -7.06% Jan 1, 2022 Dec 31, 2022
2021 13.6 +0.39 +2.95% Jan 1, 2021 Dec 31, 2021
2020 13.2 -1.07 -7.49% Jan 1, 2020 Dec 31, 2020
2019 14.3 +0.64 +4.69% Jan 1, 2019 Dec 31, 2019
2018 13.6 +0.14 +1.04% Jan 1, 2018 Dec 31, 2018
2017 13.5 +1.05 +8.43% Jan 1, 2017 Dec 31, 2017
2016 12.5 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.