SuperworthLockheed Martin shares outstanding LMT
Diluted shares outstanding, averaged over each quarter, from 2008.
- Latest quarter, to Sep 27, 2026
- 231.5M
- On a year earlier
- −0.6%
- fewer shares
Lockheed Martin had 231.5M diluted shares outstanding on average in Q3 FY26, the quarter to Sep 27, 2026.
That is 0.6% fewer than a year earlier, so each share owns a little more of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 231.9M | −2% |
| FY2024 | 237M | −4% |
| FY2023 | 246.1M | −5% |
| FY2022 | 258.3M | −6% |
| FY2021 | 274.3M | −2% |
| FY2020 | 280.9M | −1% |
| FY2019 | 283.2M | −1% |
| FY2018 | 285.6M | −0% |
| FY2017 | 285.9M | −3% |
| FY2016 | 295.3M | −5% |
| FY2015 | 310.2M | −3% |
| FY2014 | 320.7M | −2% |
| FY2013 | 326.2M | −0% |
| FY2012 | 327.8M | +0% |
| FY2011 | 327.7M | −9% |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q3 FY26 | 231.5M | −1% | |
| Q2 FY26 | 231.1M | −1% | |
| Q1 FY26 | 231.1M | −2% | |
| Q4 FY25 | 231.9M | −2% | |
| Q3 FY25 | 232.8M | −2% | |
| Q2 FY25 | 234.3M | −2% | |
| Q1 FY25 | 235.3M | −3% | |
| Q4 FY24 | 237M | −4% | |
| Q3 FY24 | 238.6M | −5% | |
| Q2 FY24 | 239.6M | −6% | |
| Q1 FY24 | 241.6M | −6% | |
| Q4 FY23 | 246.1M | −5% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on Lockheed Martin
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.