Lockheed Martin has retired 49.4% of its shares since 2002, from 455,709,443 to 230,790,753.
| Fiscal year | Date | Shares outstanding | Filing | |
|---|---|---|---|---|
| 1999 | 2000-01-31 | 398,164,999 | 10-K | cover page |
| 2000 | 2001-01-31 | 432,147,713 | 10-K | cover page |
| 2001 | 2002-01-31 | 443,385,919 | 10-K | cover page |
| 2002 | 2003-01-31 | 455,709,443 | 10-K | cover page |
| 2003 | 2004-01-31 | 447,252,536 | 10-K | cover page |
| 2004 | 2005-01-31 | 441,141,338 | 10-K | cover page |
| 2005 | 2006-01-31 | 436,911,542 | 10-K | cover page |
| 2006 | 2007-01-31 | 422,481,655 | 10-K | cover page |
| 2007 | 2008-01-31 | 408,122,756 | 10-K | cover page |
| 2008 | 2009-01-31 | 395,271,609 | 10-K | cover page |
| 2009 | 2010-01-31 | 375,428,680 | 10-K | |
| 2010 | 2011-01-31 | 349,855,179 | 10-K | |
| 2011 | 2012-01-31 | 325,105,500 | 10-K | |
| 2012 | 2013-01-31 | 322,583,334 | 10-K | |
| 2013 | 2014-01-31 | 321,430,271 | 10-K | |
| 2014 | 2015-01-23 | 315,583,849 | 10-K | |
| 2015 | 2016-01-29 | 305,487,347 | 10-K | |
| 2016 | 2017-01-27 | 290,315,668 | 10-K | |
| 2017 | 2018-01-26 | 285,570,742 | 10-K/A | |
| 2018 | 2019-01-25 | 282,562,534 | 10-K | |
| 2019 | 2020-01-31 | 281,937,366 | 10-K | |
| 2020 | 2021-01-22 | 280,103,431 | 10-K | |
| 2021 | 2022-01-19 | 272,326,925 | 10-K | |
| 2022 | 2023-01-20 | 255,297,298 | 10-K | |
| 2023 | 2024-01-19 | 241,643,304 | 10-K | |
| 2024 | 2025-01-23 | 235,385,902 | 10-K | |
| 2025 | 2026-01-26 | 230,080,240 | 10-K |
Source: all 10-K filings of Lockheed Martin on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.
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Only enough to stand still. The share count is roughly flat over the last twelve months, at 230,790,753 as of July 20, 2026. Over five years the share count is down 16.3%.
Net of every new share it issued, Lockheed Martin has 224.9 million fewer shares than at its 2002 peak. That is 49.4% of the company.
230,790,753 shares, as of July 20, 2026, from the cover page of its latest 10-Q. At the 2002 peak it had 455,709,443.
Each share is a bigger slice of the company. Someone who held Lockheed Martin stock in 2002 owns 2.0 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.
Lockheed Martin ranks No. 63 of 251 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Target (50.2%), American Express (49.6%), Herbalife (49.2%), Amgen (48.4%).
Every answer is computed from Lockheed Martin's own SEC filings and rebuilt every Monday. Latest count: 10-Q on EDGAR.
From the latest 13F filings. All superinvestors.
The numbers say what happened. The story says whether it can continue. We cover companies like Lockheed Martin in depth on Cannibal Stocks.
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