The current PE ratio for Lockheed Martin stock as of Apr 1, 2025 is 20.04. This is calculated based on the TTM EPS of $22.39 and the stock price of $448.64 per share. The PE ratio has an increase of 5% from its last 4 quarters average of 19.0.
The average historical PE ratio of Lockheed Martin for the last ten years is 19.73. The current price-to-earnings ratio of 20.04 is in line with 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.
Maximum annual increase: 225.52% in 2017
Maximum annual decrease: -68.64% in 2018
Year | PE ratio | PE change | Price | EPS |
---|---|---|---|---|
2024 | 21.7 | 32.4% | $485.94 | $22.39 |
2023 | 16.39 | -26.76% | $453.24 | $27.65 |
2022 | 22.38 | 43.92% | $486.49 | $21.74 |
2021 | 15.55 | 6.87% | $355.41 | $22.85 |
2020 | 14.55 | -17.47% | $354.98 | $24.4 |
2019 | 17.63 | 19.44% | $389.38 | $22.09 |
2018 | 14.76 | -68.64% | $261.84 | $17.74 |
2017 | 47.07 | 225.52% | $321.05 | $6.82 |
2016 | 14.46 | -22.63% | $249.94 | $17.28 |
2015 | 18.69 | 10.72% | $217.15 | $11.62 |
2014 | 16.88 | 5.5% | $192.57 | $11.41 |
2013 | 16 | 47.06% | $148.66 | $9.29 |
2012 | 10.88 | 6.25% | $92.29 | $8.48 |
2011 | 10.24 | 15.71% | $80.9 | $7.9 |
2010 | 8.85 | -9.23% | $69.91 | $7.9 |
Year | PE ratio | PE change | Price | EPS |
---|---|---|---|---|
Dec 2024 | 21.7 | 3.33% | $485.94 | $22.39 |
Sep 2024 | 21 | 24.33% | $582.36 | $27.73 |
Jun 2024 | 16.89 | 1.87% | $467.1 | $27.65 |
Mar 2024 | 16.58 | 1.16% | $454.87 | $27.43 |
Dec 2023 | 16.39 | 8.61% | $453.24 | $27.65 |
Sep 2023 | 15.09 | -10.02% | $413.65 | $27.41 |
Jun 2023 | 16.77 | -22.61% | $459.36 | $27.39 |
Mar 2023 | 21.67 | -3.17% | $474.54 | $21.9 |
Dec 2022 | 22.38 | 18.29% | $486.49 | $21.74 |
Sep 2022 | 18.92 | -21.79% | $413.07 | $21.83 |
Jun 2022 | 24.19 | 21.01% | $419.04 | $17.32 |
Mar 2022 | 19.99 | 28.55% | $453.66 | $22.7 |
Dec 2021 | 15.55 | -3.24% | $355.41 | $22.85 |
Sep 2021 | 16.07 | 7.71% | $349.52 | $21.75 |
Jun 2021 | 14.92 | 1.77% | $382.01 | $25.61 |
LMT's current PE ratio is higher than the 3, 5 and 10-year averages.
LMT's PE ratio is less than its peer stocks KTOS and AVAV, but it is above NOC's and GD's.
Stock name | PE ratio | Market cap |
---|---|---|
NOC Northrop Grumman Corp | 18.07 | $74.27B |
GD General Dynamics Corp | 19.85 | $74.11B |
LMT Lockheed Martin Corp | 20.04 | $105.6B |
AVAV AeroVironment Inc | 104.09 | $3.44B |
KTOS Kratos Defense & Security Solutions Inc | 266.36 | $4.48B |
BA Boeing Co | N/A | $126.14B |
LMT stock has a price to earnings ratio of 20.04 as of Apr 1, 2025.
As an average over the last 3 years, LMT stock has a PE ratio of 19.23.
As an average over the last 5 years, LMT stock has a PE ratio of 17.87.
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 1.6% higher 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 (Apr 1, 2025), Lockheed Martin's share price is $448.64. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $22.39. Therefore, Lockheed Martin's price to earnings ratio for today is 20.04. PE RATIO(20.04) = STOCK PRICE($448.64) / TTM EPS($22.39)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.