LOCKHEED MARTIN CORP Annual Income Tax Expense (Benefit) in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Lockheed Martin Corp quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2010 to 2023.
  • Lockheed Martin Corp Income Tax Expense (Benefit) for the quarter ending September 29, 2024 was $295M, a 9.67% increase year-over-year.
  • Lockheed Martin Corp Income Tax Expense (Benefit) for the twelve months ending September 29, 2024 was $1.17B, a 0.51% decline year-over-year.
  • Lockheed Martin Corp annual Income Tax Expense (Benefit) for 2023 was $1.18B, a 24.3% increase from 2022.
  • Lockheed Martin Corp annual Income Tax Expense (Benefit) for 2022 was $948M, a 23.2% decline from 2021.
  • Lockheed Martin Corp annual Income Tax Expense (Benefit) for 2021 was $1.24B, a 8.32% decline from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $1.18B +$230M +24.3% Jan 1, 2023 Dec 31, 2023 10-K 2024-01-23
2022 $948M -$287M -23.2% Jan 1, 2022 Dec 31, 2022 10-K 2024-01-23
2021 $1.24B -$112M -8.32% Jan 1, 2021 Dec 31, 2021 10-K 2024-01-23
2020 $1.35B +$336M +33.2% Jan 1, 2020 Dec 31, 2020 10-K 2023-01-26
2019 $1.01B +$219M +27.7% Jan 1, 2019 Dec 31, 2019 10-K 2022-01-25
2018 $792M -$2.56B -76.4% Jan 1, 2018 Dec 31, 2018 10-K 2021-01-28
2017 $3.36B +$2.26B +207% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-07
2016 $1.09B -$80M -6.82% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-08
2015 $1.17B -$251M -17.6% Jan 1, 2015 Dec 31, 2015 10-K/A 2018-02-16
2014 $1.42B +$219M +18.2% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-09
2013 $1.21B -$122M -9.19% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-24
2012 $1.33B +$363M +37.7% Jan 1, 2012 Dec 31, 2012 10-K 2015-02-09
2011 $964M -$200M -17.2% Jan 1, 2011 Dec 31, 2011 10-K 2014-02-14
2010 $1.16B Jan 1, 2010 Dec 31, 2010 10-K 2013-02-28
* An asterisk sign (*) next to the value indicates that the value is likely invalid.