LMT

Lockheed Martin

Fundamental data last updated:March 30, 2026

company profile

SECTOR

Industrials

industry

Aerospace & Defense

Exchange

NYSE

County of HQ

United States

Next Earnings Date

04/28/26

Business Summary

Lockheed Martin is a global aerospace and defense company that designs, develops, and manufactures advanced defense systems, aircraft, missiles, and space systems. The company primarily serves government customers with military and security solutions across air, land, sea, and space domains.

VALUATION

P/E

28.7

Market Cap ($M USD)

$141,927

Forward P/E

19.3

PEG

15.3

PRICE TO SALES

1.9

PRICE TO BOOK

21.1

EV / EBITDA

18.3

5-Year Average P/E

DIVIDEND

Yield

2.20%

Annual Payout

$13.50

Payout Ratio

61.90%

Consecutive Years of Dividend Growth

10+

5-Year Dividend Growth Rate

5.80%

Financial Health & Profitability

Earnings Per Share

$21.56

Next Year EPS Growth Estimate

$31.89

Next Year Revenue Growth Estimate

4.80%

Return on Equity (ROE)

74.70%

Operating Margin

10.30%

Debt-to-Equity

3.2

Piotroski F-Score

6

Altman Z-Score

3.7

Return on Invested Capital (ROIC)

21.70%%

Current Ratio

1.1

Quick Ratio

Gainseekers Quantitative Analysis

Summary

Lockheed Martin has a market cap of $141,927 and trades at a P/E of 28.7 with a forward P/E of 19.3, reflecting expectations for earnings growth from $18.3 in EPS to $21.56 next year. The company maintains a Price/Sales ratio of 1.9 and a high Price/Book of 21.1, alongside a Return on Equity of 4.80% and an Operating Margin of 74.70%. With a TTM yield of 3.2, Dividend Per Share of 2.20%, and a payout ratio of $13.50, the stock also carries a Short % of Float of 5.80% and Institutional Ownership of $655.14.

AI Exposure / Tech Reliance

Lockheed Martin operates in the Aerospace & Defense industry, where advanced technologies and defense systems require significant engineering and systems integration capabilities. Its exposure to high-tech defense platforms suggests ongoing reliance on sophisticated technologies.

The Bull Case

The forward P/E of 19.3 compared to the current P/E of 28.7 suggests anticipated earnings growth, supported by EPS rising from $18.3 to an estimated $21.56 next year. A 3.2 TTM yield and Dividend 5-Year Avg of 10+ may appeal to income-focused investors seeking consistent shareholder returns.

The Bear Case

A PEG Forward of 15.3 indicates a high valuation relative to expected growth, which could limit upside if growth underperforms. Additionally, Debt/Equity of 10.30% combined with a Return on Equity of 4.80% may signal limited efficiency in generating shareholder returns.

Market Sentiment & Smart Money

Short Interest %

1.40%

Analyst Consensus

2.48

Average Analyst Price Target

$655.14

Institutional Ownership %

75.20%

1-Year Beta

0.26

Insider Buying % (6 Mo)

0.10%%

Distance to 52-Week High

89.00%%

Distance to 52-Week Low

150.20%%