LOCKHEED MARTIN CORP Earnings Per Share Disclosure
| 2025 | 2024 | 2023 | ||||||||||||||||||
| Weighted average common shares outstanding for basic computations | 232.7 | 238.3 | 250.3 | |||||||||||||||||
| Weighted average dilutive effect of equity awards | 0.8 | 0.9 | 0.9 | |||||||||||||||||
| Weighted average common shares outstanding for diluted computations | 233.5 | 239.2 | 251.2 | |||||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Jan 29, 2026 | Showing above |
| 2024 | Jan 28, 2025 | |
| 2023 | Jan 23, 2024 | |
| 2022 | Jan 26, 2023 | |
| 2021 | Jan 25, 2022 | |
| 2020 | Jan 28, 2021 | |
| 2019 | Feb 7, 2020 | |
| 2018 | Feb 8, 2019 | |
| 2017 | Feb 6, 2018 | |
| 2016 | Feb 9, 2017 | |
| 2015 | Feb 24, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.