Back to LMT overview
#
LMT Lockheed Martin
PE ratio, current and historical analysis

## LMT PE ratio history

### Lockheed Martin PE ratio by year

## LMT average PE ratio chart

## LMT PE vs peers

## Frequently asked questions

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What is Lockheed Martin's PE ratio?

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What is the 3-year average PE ratio for Lockheed Martin (LMT)?

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What is the 5-year average PE ratio for Lockheed Martin (LMT)?

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What is the highest PE ratio for LMT?

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How does the current PE ratio for LMT compare to its historical average?

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How is LMT's PE ratio calculated (Lockheed Martin PE ratio formula)?

The current PE ratio for Lockheed Martin stock as of Jun 20, 2024 is 17.0. This is calculated based on the TTM EPS of $27.43 and the stock price of $466.34 per share. The PE ratio has an increase of 4.9% from its last 4 quarters average of 16.2.

How has LMT's PE ratio performed in the past

The average historical PE ratio of Lockheed Martin for the last ten years is 19.48. The current price-to-earnings ratio of 17.0 is 13% less than the historical average. Analyzing the last ten years, LMT's PE ratio reached its highest point in the Dec 2017 quarter at 47.07, when the price was $321.05 and the EPS was $6.82. The lowest point was recorded in the Sep 2016 quarter, when it reached 14.14 with a price of $245.84 and an EPS of $17.39.

Average

19.48

Median

16.83

Minimum

14.14

Maximum

47.07

Maximum annual increase: 225.52% in 2017

Maximum annual decrease: -68.64% in 2018

Year | PE ratio | Change |
---|---|---|

2023 | 16.39 | -26.76% |

2022 | 22.38 | 43.92% |

2021 | 15.55 | 6.87% |

2020 | 14.55 | -17.47% |

2019 | 17.63 | 19.44% |

2018 | 14.76 | -68.64% |

2017 | 47.07 | 225.52% |

2016 | 14.46 | -22.63% |

2015 | 18.69 | 10.72% |

2014 | 16.88 | 5.5% |

What is the average PE ratio of LMT for the past years

LMT's current PE ratio is under its 3, 5 and 10-year averages.

3-year avg

18.21

5-year avg

17.46

10-year avg

19.48

15-year avg

16.65

What is LMT's PE ratio compared to its peers

LMT's PE ratio is below its peer stocks GD and NOC.

Stock name | PE ratio | Market cap |
---|---|---|

LMT Lockheed Martin Corp | 17.05 | $112.2B |

GD General Dynamics Corp | 24.05 | $81.83B |

NOC Northrop Grumman Corp | 30.03 | $63.94B |

BA Boeing Co | N/A | $108.39B |

KTOS Kratos Defense & Security Solutions Inc | N/A | $3.1B |

AVAV AeroVironment Inc | N/A | $5.33B |

LMT stock has a price to earnings ratio of 17 as of Jun 20, 2024.

As an average over the last 3 years, LMT stock has a PE ratio of 18.21.

As an average over the last 5 years, LMT stock has a PE ratio of 17.46.

The highest quarterly PE ratio in the last ten years has been 47.07 and it was in the Dec 2017 quarter.

The current PE ratio of LMT is 13% lower than the 10-year historical average.

The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jun 20, 2024), Lockheed Martin's share price is $466.34. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $27.43. Therefore, Lockheed Martin's price to earnings ratio for today is 17. `PE RATIO(17) = STOCK PRICE($466.34) / TTM EPS($27.43)`

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.