LMT Lockheed Martin Corporation

Price (delayed)

$384.64

Market cap

$106.15B

P/E Ratio

16.56

Dividend/share

$9.4

EPS

$22.93

Enterprise value

$115.97B

Sector: Industrials
Industry: Aerospace & Defense
Lockheed Martin Corp. operates as a global security and aerospace company, which engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services. It operates through the following business segments: Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS) and Space. The Aeronautics segment researches, designs, develops, manufactures, integrates, sustains, supports, and upgrades advanced military aircraft, including combat and air mobility aircraft, unmanned air vehicles, and related technologies. The MFC segment provides air and missile defence systems; tactical missiles and air-to-ground precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support and integration services; manned and unmanned ground vehicles; and energy management solutions. The RMS segment offers design, manufacture, service, and support for a variety of military and commercial helicopters; ship and submarine mission and combat systems; mission systems and sensors for rotary and fixed-wing aircraft; sea and land-based missile defence systems; radar systems; the Littoral Combat Ship; simulation and training services; and unmanned systems and technologies. The Space segment comprises of the research and development, design, engineering and production of satellites, strategic, and defensive missile systems and space transportation systems. The company was founded in 1961 and is headquartered in Bethesda, MD.

Highlights

LMT's quick ratio has surged by 52% year-on-year and by 23% since the previous quarter
The equity has grown by 32% year-on-year and by 9% since the previous quarter
LMT's gross margin is down by 3.6% year-on-year

Key stats

What are the main financial stats of LMT
Market
Shares outstanding
279.54M
Market cap
$106.15B
Enterprise value
$115.97B
Valuations
Price to earnings (P/E)
16.56
Price to book (P/B)
28.39
Price to sales (P/S)
1.69
EV/EBIT
14.11
EV/EBITDA
12.27
EV/Sales
1.84
Earnings
Revenue
$62.92B
EBIT
$8.22B
EBITDA
$9.45B
Free cash flow
$6.89B
Per share
EPS
$22.93
Free cash flow per share
$24.57
Book value per share
$13.38
Revenue per share
$224.37
TBVPS
$128.18
Balance sheet
Total assets
$49.6B
Total liabilities
$45.82B
Debt
$12.67B
Equity
$3.75B
Working capital
$4.68B
Liquidity
Debt to equity
3.38
Current ratio
1.31
Quick ratio
0.38
Net debt/EBITDA
1.04
Margins
EBITDA margin
15%
Gross margin
13.5%
Net margin
10.2%
Operating margin
13.5%
Efficiency
Return on assets
13.2%
Return on equity
181.4%
Return on invested capital
26.7%
Return on capital employed
23.7%
Return on sales
13.1%
Dividend
Dividend yield
2.48%
DPS
$9.4
Payout ratio
41%

LMT stock price

How has the Lockheed Martin stock price performed over time

Financial performance

How have Lockheed Martin's revenue and profit performed over time
Revenue
$62.92B
Gross profit
$8.49B
Operating income
$8.49B
Net income
$6.45B
Gross margin
13.5%
Net margin
10.2%
The net income has grown by 10% YoY and by 3.3% from the previous quarter
The company's revenue rose by 9% YoY and by 2.9% QoQ
The gross profit has increased by 6% year-on-year and by 2.7% since the previous quarter
Lockheed Martin's operating income has increased by 6% YoY and by 2.7% QoQ

Valuation

What is Lockheed Martin stock price valuation
P/E
16.56
P/B
28.39
P/S
1.69
EV/EBIT
14.11
EV/EBITDA
12.27
EV/Sales
1.84
LMT's price to earnings (P/E) is 23% less than its 5-year quarterly average of 21.5
LMT's EPS is up by 11% YoY and by 3.5% QoQ
LMT's P/B is 42% below its 5-year quarterly average of 48.9 and 4.1% below its last 4 quarters average of 29.6
The equity has grown by 32% year-on-year and by 9% since the previous quarter
The company's revenue rose by 9% YoY and by 2.9% QoQ

Efficiency

How efficient is Lockheed Martin business performance
The company's return on equity fell by 41% YoY and by 3.3% QoQ
The return on invested capital has increased by 10% year-on-year and by 3.5% since the previous quarter
Lockheed Martin's ROA has increased by 4.8% YoY and by 2.3% from the previous quarter
LMT's ROS is up by 2.3% YoY

Dividends

What is LMT's dividend history
DPS
$9.4
Dividend yield
2.48%
Payout ratio
41%
Recent dividends

Financial health

How did Lockheed Martin financials performed over time
Lockheed Martin's total assets is 8% higher than its total liabilities
LMT's quick ratio has surged by 52% year-on-year and by 23% since the previous quarter
Lockheed Martin's current ratio has increased by 9% YoY and by 7% from the previous quarter
The equity has grown by 32% year-on-year and by 9% since the previous quarter
Lockheed Martin's debt to equity has decreased by 29% YoY and by 8% QoQ

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.