LOCKHEED MARTIN CORP Interest Expense 2007-2024 | LMT
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What is interest expense?
Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.
What is LOCKHEED MARTIN CORP's current interest expense?
LOCKHEED MARTIN CORP (LMT) annual interest expense for 2023 was $916.0M, a 47.03% increase from 2022. LOCKHEED MARTIN CORP interest expense for the quarter ending March 31, 2024 was $255.0M.
What was LOCKHEED MARTIN CORP's interest expense in 2022?
LOCKHEED MARTIN CORP annual interest expense for 2022 was $623.0M, a 9.49% increase from 2021.
What was LOCKHEED MARTIN CORP's interest expense in 2021?
LOCKHEED MARTIN CORP annual interest expense for 2021 was $569.0M, a 3.72% decline from 2020.
What is LOCKHEED MARTIN CORP's 5-year interest expense CAGR?
LOCKHEED MARTIN CORP interest expense grew at a compound annual growth rate (CAGR) of 6.52% from FY2018 to FY2023, going from $668.0M to $916.0M over 5 years.
Interest Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Growing
CAGR+6.5%
FY2018
$668.0M
→
FY2023
$916.0M
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5 years selected
Interest Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2023 | $916.0M | +47.0% | 10-K |
| FY2022 | $623.0M | +9.5% | 10-K |
| FY2021 | $569.0M | -3.7% | 10-K |
| FY2020 | $591.0M | -9.5% | 10-K |
| FY2019 | $653.0M | -2.2% | 10-K |
| FY2018 | $668.0M | +2.6% | 10-K |
| FY2017 | $651.0M | -1.8% | 10-K |
| FY2016 | $663.0M | +49.7% | 10-K |
| FY2015 | $443.0M | +30.3% | 10-K |
| FY2014 | $340.0M | -2.9% | 10-K |
| FY2013 | $350.0M | -8.6% | 10-K |
| FY2012 | $383.0M | +8.2% | 10-K |
| FY2011 | $354.0M | +2.6% | 10-K |
| FY2010 | $345.0M | +12.0% | 10-K |
| FY2009 | $308.0M | -7.2% | 10-K |
| FY2008 | $332.0M | -5.7% | 10-K |
| FY2007 | $352.0M | - | 10-K |
Company: LOCKHEED MARTIN CORPTicker: LMTSector: OtherIndustry: Guided Missiles & Space Vehicles & PartsView company profile →