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LMT US​

Lockheed Martin Corp(LMT US)

$604.18+14.272.42%Ext:$604.45+0.270.04%(Market Closed · 23:55:15 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Lockheed Martin Corp — Company Profile

Lockheed Martin Corporation stands as a prominent global security and aerospace enterprise, specializing in the comprehensive lifecycle of advanced technological systems. Its expertise spans the research, design, development, manufacturing, integration, and ongoing sustainment of cutting-edge products and services across the world. The company's diverse operations are structured into four key segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The Aeronautics division is responsible for creating and producing leading-edge combat and air mobility aircraft, alongside unmanned aerial vehicles and their related innovations. The Missiles and Fire Control segment delivers sophisticated air and missile defense systems; tactical and precision air-to-ground weapon systems; comprehensive logistics; advanced fire control; mission operations, readiness, engineering support, and integration services; both crewed and uncrewed ground vehicles; and energy management solutions. Within the Rotary and Mission Systems segment, the portfolio includes military and commercial helicopters, naval surface ships, land and sea-based missile defense systems, advanced radar technologies, maritime and airborne mission and combat systems, intricate command and control solutions, cybersecurity services, and simulation and training platforms. The Space division focuses on satellites, space transportation systems, strategic, advanced strike, and defensive missile systems, as well as classified systems and services vital for national security. This segment further enhances situational awareness through network enablement, integrating space and ground-based systems to empower customers in gathering, analyzing, and securely distributing crucial intelligence data. Lockheed Martin primarily serves the United States government, alongside fulfilling foreign military sales facilitated through U.S. government contracts. Established in 1912, the corporation maintains its headquarters in Bethesda, Maryland.

Sector
Industrials
Industry
Aerospace & Defense
Exchange
UN
CEO
James D. Taiclet Jr.
Headquarters
Bethesda, MD, US
IPO Date
Jan 3, 1977
Employees
123,000
Website
www.lockheedmartin.com

Key Metrics

Price
$505.41
Market Cap
$116.64B
Revenue (TTM)
$18.02B
Net Income (TTM)
$1.49B
EPS (TTM)
6.47
P/E (TTM)
24.34
P/B (TTM)
15.58
Dividend Yield
2.57%
ROE (TTM)
19.87%
ROA (TTM)
2.51%
Operating Margin
11.45%
Beta
0.08

Dividends

Last Dividend
$3.45
Last Yield
0.03%

Summary

Lockheed Martin Corporation stands as a prominent global security and aerospace enterprise, specializing in the comprehensive lifecycle of advanced technological systems. Its expertise spans the research, design, development, manufacturing, integration, and ongoing sustainment of cutting-edge products and services across the world. The company's diverse operations are structured into four key segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The Aeronautics division is responsible for creating and producing leading-edge combat and air mobility aircraft, alongside unmanned aerial vehicles and their related innovations. The Missiles and Fire Control segment delivers sophisticated air and missile defense systems; tactical and precision air-to-ground weapon systems; comprehensive logistics; advanced fire control; mission operations, readiness, engineering support, and integration services; both crewed and uncrewed ground vehicles; and energy management solutions. Within the Rotary and Mission Systems segment, the portfolio includes military and commercial helicopters, naval surface ships, land and sea-based missile defense systems, advanced radar technologies, maritime and airborne mission and combat systems, intricate command and control solutions, cybersecurity services, and simulation and training platforms. The Space division focuses on satellites, space transportation systems, strategic, advanced strike, and defensive missile systems, as well as classified systems and services vital for national security. This segment further enhances situational awareness through network enablement, integrating space and ground-based systems to empower customers in gathering, analyzing, and securely distributing crucial intelligence data. Lockheed Martin primarily serves the United States government, alongside fulfilling foreign military sales facilitated through U.S. government contracts. Established in 1912, the corporation maintains its headquarters in Bethesda, Maryland.

Website
www.lockheedmartin.com
Location
Bethesda, MD, US
Phone301 897 6000
Employees123,000
CEOJames D. Taiclet Jr.
Sector
Industrials
Industry
Aerospace & Defense
IPO DateJan 3, 1977

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Latest Documents

SEC Filings(2.6K)

Expand
  • 144St John Frank A23 Oct
  • 10-QQ3ended 27 Sept 202622 Oct
  • 8-KResults of Operations and Financial Condition22 Oct
  • 4Donovan John1 Oct
  • 4BURRITT DAVID B1 Oct
  • 8-KEntry into a Material Definitive Agreement27 Aug
  • 4Donovan John17 Aug
  • 4Lightfoot Robert M JR13 Aug
  • 144Donovan John13 Aug
  • 144Lightfoot Robert M JR12 Aug
  • 144Lightfoot Robert M JR11 Aug
  • 4St John Frank A4 Aug
  • 10-QQ2ended 28 Jun 202623 Jul
  • 8-KResults of Operations and Financial Condition23 Jul
  • 4Donovan John2 Jul
  • 4BURRITT DAVID B2 Jul
  • 11-KAnnual report (employee stock purchase/savings/profit sharing plans)24 Jun
  • 11-KAnnual report (employee stock purchase/savings/profit sharing plans)24 Jun
  • 11-KAnnual report (employee stock purchase/savings/profit sharing plans)24 Jun
  • 11-KAnnual report (employee stock purchase/savings/profit sharing plans)24 Jun

News

  • Lockheed Martin Corporation $LMT Stock: Brookstone Capital Management Trims Holdings05:08AM
  • Lockheed Martin's Record $292 Billion Backlog Comes With a Delivery Test23 Oct
  • LMT Q3 Earnings Call Highlights Missile Growth and Higher Outlook23 Oct
  • Lockheed Martin: Q3 Sparked Euphoria, But Factory Physics Matters More Than Paper Billions23 Oct
  • Why Lockheed Martin Stock Soared Today22 Oct
  • What Lockheed Martin (LMT) Said on Its Q3 Earnings Call22 Oct
  • Lockheed Martin Corporation (LMT) Q3 2026 Earnings Call Transcript22 Oct
  • Lockheed Q3 Earnings Beat Estimates, Sales Increase Year Over Year22 Oct
  • Compared to Estimates, Lockheed (LMT) Q3 Earnings: A Look at Key Metrics22 Oct
  • Is Lockheed Martin stock a buy after rocketing 8%?22 Oct
  • Lockheed Martin Rises 9% as Record Backlog Lifts Outlook; RTX Gains 2%, Northrop Grumman Advances 3%22 Oct
  • Lockheed Martin Stock Buzzing on Beat-and-Raise, Record Backlog22 Oct
  • Lockheed Martin (LMT) Beats Q3 Earnings and Revenue Estimates22 Oct
  • Lockheed Martin Bumps Up Yearly Outlook as Backlog Hits Record22 Oct
  • Did Lockheed Martin (LMT) Exceed Expectations in Q3? EPS at $7.97 and Revenue of $20.7 Billion: GF Score 86/10022 Oct
  • Lockheed Martin's Business Is Booming as Backlog Hits Nearly $300 Billion22 Oct
  • Lockheed lifts annual forecast as missile, jet production ramps up22 Oct
  • Lockheed Martin Reports Third Quarter 2026 Financial Results22 Oct
  • Lockheed, Pentagon strike initial deal to produce 850 F-35 jets22 Oct
  • New Framework Agreement for Multiyear F‑35 Production and Sustainment22 Oct

Mentions in Filings

  • … onmental harm. NOAA issued four exploration licenses in 1984 to U.S. sponsored consortia for polymetallic nodule exploration in the CCZ. Two of these licenses (USA-1 and USA-4) remain active and are currently held by <strong>Lockheed Martin</strong>. These licenses have been renewed until 2027 in accordance with DSHMRA’s statutory provisions, which require NOAA to grant extensions if the licensee has substantially complied with license terms. TMC USA has submitt …
    Metals Royalty Co Inc.Lockheed Martin Corp·424B3 - Prospectus filing (Rule 424(b)(3))·Q4 26·23 Oct
  • … onmental harm. NOAA issued four exploration licenses in 1984 to U.S. sponsored consortia for polymetallic nodule exploration in the CCZ. Two of these licenses (USA-1 and USA-4) remain active and are currently held by <strong>Lockheed Martin</strong>. These licenses have been renewed until 2027 in accordance with DSHMRA’s statutory provisions, which require NOAA to grant extensions if the licensee has substantially complied with license terms. TMC USA has submitt …
    Metals Royalty Co Inc.Lockheed Martin Corp·424B3 - Prospectus filing (Rule 424(b)(3))·Q4 26·23 Oct
  • … reater resources and established government relationships.*** The defense drone payload market is characterized by rapid technological advancement and intense competition from established defense contractors such as <strong>Lockheed Martin</strong>, Raytheon, and Northrop Grumman, as well as specialized drone companies like AeroVironment and Kratos Defense. These competitors possess significantly greater financial resources, established relationships with govern …
    T3 Defense Inc.Lockheed Martin Corp·424B3 - Prospectus filing (Rule 424(b)(3))·Q4 26·23 Oct
  • … reater resources and established government relationships.*** The defense drone payload market is characterized by rapid technological advancement and intense competition from established defense contractors such as <strong>Lockheed Martin</strong>, Raytheon, and Northrop Grumman, as well as specialized drone companies like AeroVironment and Kratos Defense. These competitors possess significantly greater financial resources, established relationships with govern …
    T3 Defense Inc.Lockheed Martin Corp·424B3 - Prospectus filing (Rule 424(b)(3))·Q4 26·23 Oct
  • … or practices. During his tenure as our Chief Financial Officer, he played a key role in orchestrating the successful restructuring of the company, managing the $61 million sale of its satellite operations business to <strong>Lockheed Martin</strong>, and helping to reinvent the organization by launching multiple startups within the corporate ecosystem. He also spearheaded fundraising efforts totaling approximately $110 million in equity, debt, and non-dilutive gr …
    ASTROTECH CorpLockheed Martin Corp·DEF 14A - Definitive proxy statement·Q2 27·23 Oct
  • … ning Sidus Space, Mr. Parekh served as Chief Financial Officer of Terran Orbital Corporation from June 2024 to November 2024, where he directed all finance and accounting functions and led the company’s sale to <strong>Lockheed Martin Corporation</strong>. Mr. Parekh previously served as Chief Financial Officer of Alio, Inc., a medical technology company from January 2022 to April of 2024. Prior to his time at Alio, Inc., Mr. Parekh held a senior position at RRG …
    Inflection Point Acquisition Corp. VILockheed Martin Corp·S-4/A - REGISTRATION STATEMENT·Q4 26·22 Oct

Key Stats

Trading

Px/Chg 1D$505.41 / -0.02%
Avg Volume1.49M
Beta0.08
Mkt Cap116.64B
FD Mkt Cap129.11B

Float

Shrs Out/Float230.79M / 230.57M
Short Float0.02%
Days to Cover2.06
Stock Repurchased$0.00

Current Valuation

EV135.45B
EV/EBITDA16.00
EV/Sales1.80
P/B15.58
P/S1.55
FCF Yield-0.25%
ROE19.87%
ROA2.51%
Current Ratio1.14

Dividend

Cash$3.45
Yield2.57%
Yield (TTM)2.57%

Estimates

P/E24.34
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgApr '23Apr '24Apr '25Apr '26Oct '26
PRICE-BASED RATIOS
Price / Earnings46.7022.5316.6920.4795.4278.39
Price / Sales3.601.961.711.546.316.47
Price / Book Value16.5513.9316.8917.2519.0815.58
Price / Free Cash Flow-58.8121.0618.5420.6646.53-400.84
ENTERPRISE VALUE METRICS
Enterprise Value136,377.6142,118.1131,487.9127,007.0145,827.8135,447.1
Enterprise Value / Sales4.122.151.951.797.177.52
Enterprise Value / EBITDA32.5316.3212.5914.4163.8555.49
Enterprise Value / EBIT39.5919.4614.5917.5080.0866.30

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue2.9%67,044.065,984.067,571.071,043.075,057.0
Gross Income-4.2%9,061.08,287.08,479.06,930.07,619.0
EBITDA-4.9%9,483.08,707.010,444.08,816.07,754.0
EBIT-3.5%8,119.07,303.09,014.07,256.07,040.0
Net Income-5.6%6,315.05,732.06,920.05,336.05,017.0
EPS (Diluted)-1.4%22.7721.6627.5522.3121.49
BALANCE SHEET
Cash & ST Inv3.4%3,604.02,547.01,442.02,483.04,121.0
Total Assets4.1%50,873.052,880.052,456.055,617.059,840.0
Total Liabilities7.4%39,914.043,614.045,621.049,284.053,119.0
Total Shareholder Equity-11.5%10,959.09,266.06,835.06,333.06,721.0
CASH FLOW
Net Operating Cash Flow-1.9%9,221.07,802.07,920.06,972.08,557.0
Cap Ex2%-1,522.0-1,670.0-1,691.0-1,685.0-1,649.0
Free Cash Flow-2.7%7,699.06,132.06,229.05,287.06,908.0

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)606.08
Basic Shares230.79
Market Cap139,877.8
Diluted Shares231.10
Fully Diluted Shares Outstanding231.10
Fully Diluted Market Cap140,065.1
+Consolidated Debt20,697.0
−In-the-Money Convertible Debt—
+Capital Leases-
+Operating Leases—
−Cash & Equivalents-1,894.0
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value158,680.8

Segment data

Revenue

by Products and services

  • Aeronautics40%
  • Rotary And Mission Systems23%
  • Missiles And Fire Control19%
  • Space17%

Revenue

by Geography

  • United States72%
  • Europe12%
  • Asia Pacific10%
  • Middle East4%
  • Other Region2%

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