Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data
Paying user area
Try for free
Lockheed Martin Corp. pages available for free this week:
- Balance Sheet: Liabilities and Stockholders’ Equity
- Common-Size Income Statement
- Analysis of Liquidity Ratios
- Analysis of Solvency Ratios
- Analysis of Long-term (Investment) Activity Ratios
- Analysis of Reportable Segments
- Common Stock Valuation Ratios
- Present Value of Free Cash Flow to Equity (FCFE)
- Net Profit Margin since 2005
- Price to Operating Profit (P/OP) since 2005
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Lockheed Martin Corp. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Lockheed Martin Corp., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)
Based on: 10-K (reporting date: 2025-12-31), 10-Q (reporting date: 2025-09-28), 10-Q (reporting date: 2025-06-29), 10-Q (reporting date: 2025-03-30), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-29), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-24), 10-Q (reporting date: 2023-06-25), 10-Q (reporting date: 2023-03-26), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-25), 10-Q (reporting date: 2022-06-26), 10-Q (reporting date: 2022-03-27), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-26), 10-Q (reporting date: 2021-06-27), 10-Q (reporting date: 2021-03-28).
The composition of liabilities and stockholders’ equity exhibited notable shifts over the observed period, spanning from March 2021 to December 2025. Current liabilities generally remained a substantial portion of the total, while the balance between current and noncurrent liabilities fluctuated. Stockholders’ equity demonstrated a more volatile pattern, influenced by changes in retained earnings and accumulated other comprehensive loss.
- Current Liabilities
- Current liabilities consistently represented a significant portion of total liabilities and equity, ranging from approximately 27.5% to 34.9%. A slight increase is observed from March 2021 (28.61%) to June 2022 (31.84%), followed by a period of relative stability before rising more substantially to 34.92% in December 2022. A subsequent decline is seen through June 2025 (30.34%). Within current liabilities, contract liabilities showed a consistent upward trend from 14.10% in March 2021 to 19.12% in September 2023, before decreasing to 17.02% in September 2025. Accounts payable fluctuated, peaking at 6.74% in September 2023 and returning to 6.07% in December 2025. Current maturities of long-term debt were generally low, with a significant increase observed in the latter part of the period, reaching 5.30% in September 2025.
- Noncurrent Liabilities
- Noncurrent liabilities initially comprised a larger portion of the total, around 58-60% in 2021, but decreased to a low of 45.58% in June 2022. They then increased to 54.68% in September 2023 before declining to 49.77% in December 2025. Accrued pension liabilities demonstrated a consistent downward trend, decreasing from 24.58% in March 2021 to 6.54% in December 2025. Long-term debt, excluding current maturities, showed an increase from 22.66% in March 2021 to 32.96% in September 2023, then decreased to 34.31% in December 2025. Other noncurrent liabilities remained relatively stable, fluctuating between approximately 9.4% and 13.5%.
- Stockholders’ Equity
- Stockholders’ equity exhibited the most significant fluctuations. It began at 12.27% in March 2021, peaked at 23.00% in September 2022, and then declined to 11.23% in December 2025. Retained earnings were the primary driver of this volatility, decreasing from 42.73% in March 2021 to 23.45% in December 2025. Accumulated other comprehensive loss consistently offset a portion of the equity, moving from -31.12% in March 2021 to -12.60% in December 2025, though its impact lessened over time. Common stock remained a small, relatively stable component of equity. Additional paid-in capital was minimal for most of the period, with a brief increase in June 2021.
Overall, the liability structure shifted towards a greater reliance on long-term debt and a decrease in accrued pension liabilities. Simultaneously, stockholders’ equity experienced a net decline, primarily due to decreasing retained earnings, despite a lessening impact from accumulated other comprehensive loss. These trends suggest a potential change in the company’s financing strategy and profitability over the analyzed timeframe.