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Lockheed Martin Corporation LMT
Industrials - Aerospace & Defense - NYSE - US
Watchlist
$ 466.27
-1.24 %
$ 109 B
Market Cap
20.53
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one LMT stock under the worst case scenario is HIDDEN Compared to the current market price of 466 USD, Lockheed Martin Corporation is HIDDEN

LMT Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one LMT stock under the base case scenario is HIDDEN Compared to the current market price of 466 USD, Lockheed Martin Corporation is HIDDEN

LMT Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one LMT stock under the best case scenario is HIDDEN Compared to the current market price of 466 USD, Lockheed Martin Corporation is HIDDEN

LMT Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart LMT

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1M 4%
6M -17%
1Y 3%
3Y 16%
5Y 39%
All
$580.0$580.0$560.0$560.0$540.0$540.0$520.0$520.0$500.0$500.0$480.0$480.0$460.0$460.0$440.0$440.0$420.0$420.0Nov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 Apr
FINANCIALS
71 B REVENUE
5.14%
Growth Rates
1Year 5.14%
3Years 1.95%
5Years 3.50%
7Years 4.83%
10Years 4.53%
7.01 B OPERATING INCOME
-17.56%
Growth Rates
1Year -17.56%
3Years -8.39%
5Years -3.87%
7Years 2.45%
10Years 2.29%
5.34 B NET INCOME
-22.89%
Growth Rates
1Year -22.89%
3Years -5.46%
5Years -3.05%
7Years 15.03%
10Years 3.97%
6.97 B OPERATING CASH FLOW
-11.97%
Growth Rates
1Year -11.97%
3Years -8.90%
5Years -0.95%
7Years 1.06%
10Years 6.07%
-1.79 B INVESTING CASH FLOW
-5.79%
Growth Rates
1Year -5.79%
3Years -15.57%
5Years -7.63%
7Years -6.58%
10Years -0.39%
-4.14 B FINANCING CASH FLOW
43.54%
Growth Rates
1Year 43.54%
3Years 18.39%
5Years 4.93%
7Years 0.56%
10Years -2.25%
18 B REVENUE
-3.54%
Growth Rates
1Year 5.14%
3Years 1.95%
5Years 3.50%
7Years 4.83%
10Years 4.53%
2.37 B OPERATING INCOME
240.80%
Growth Rates
1Year -17.56%
3Years -8.39%
5Years -3.87%
7Years 2.45%
10Years 2.29%
1.71 B NET INCOME
224.86%
Growth Rates
1Year -22.89%
3Years -5.46%
5Years -3.05%
7Years 15.03%
10Years 3.97%
1.41 B OPERATING CASH FLOW
37.73%
Growth Rates
1Year -11.97%
3Years -8.90%
5Years -0.95%
7Years 1.06%
10Years 6.07%
-430 M INVESTING CASH FLOW
48.69%
Growth Rates
1Year -5.79%
3Years -15.57%
5Years -7.63%
7Years -6.58%
10Years -0.39%
-1.66 B FINANCING CASH FLOW
-94.49%
Growth Rates
1Year 43.54%
3Years 18.39%
5Years 4.93%
7Years 0.56%
10Years -2.25%
Balance Sheet Lockheed Martin Corporation
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Current Assets 21.8 B
Cash & Short-Term Investments 2.48 B
Receivables 15.3 B
Other Current Assets 4.06 B
Non-Current Assets 33.8 B
Long-Term Investments 0
PP&E 8.73 B
Other Non-Current Assets 25 B
4.46 %27.52 %7.30 %15.69 %45.03 %Total Assets$55.6b
Current Liabilities 19.4 B
Accounts Payable 2.22 B
Short-Term Debt 643 M
Other Current Liabilities 16.6 B
Non-Current Liabilities 29.9 B
Long-Term Debt 19.6 B
Other Non-Current Liabilities 10.2 B
4.51 %33.59 %39.82 %20.77 %Total Liabilities$49.3b
EFFICIENCY
Earnings Waterfall Lockheed Martin Corporation
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Revenue 71 B
Cost Of Revenue 64.1 B
Gross Profit 6.93 B
Operating Expenses -83 M
Operating Income 7.01 B
Other Expenses 1.68 B
Net Income 5.34 B
80b80b70b70b60b60b50b50b40b40b30b30b20b20b10b10b0071b(64b)7b83m7b(2b)5bRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
9.75% GROSS MARGIN
9.75%
Averages
1Year 9.75%
3Years 11.62%
5Years 12.32%
7Years 12.76%
10Years 12.26%
9.87% OPERATING MARGIN
9.87%
Averages
1Year 9.87%
3Years 11.70%
5Years 12.39%
7Years 12.84%
10Years 12.50%
7.51% NET MARGIN
7.51%
Averages
1Year 7.51%
3Years 8.81%
5Years 9.26%
7Years 9.44%
10Years 8.91%
84.26% ROE
84.26%
Averages
1Year 84.26%
3Years 82.45%
5Years 83.72%
7Years 139.97%
10Years 115.40%
9.59% ROA
9.59%
Averages
1Year 9.59%
3Years 11.21%
5Years 11.90%
7Years 11.98%
10Years 10.66%
16.33% ROIC
16.33%
Averages
1Year 16.33%
3Years 18.67%
5Years 19.22%
7Years 19.58%
10Years 16.62%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Lockheed Martin Corporation
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8b8b7b7b6b6b5b5b4b4b3b3b2b2b1b1b0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 5.34 B
Depreciation & Amortization 1.56 B
Capital Expenditures -1.68 B
Stock-Based Compensation 277 M
Change in Working Capital 0
Others 388 M
Free Cash Flow 5.29 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Lockheed Martin Corporation
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Wall Street analysts predict an average 1-year price target for LMT of $582 , with forecasts ranging from a low of $434 to a high of $704 .
LMT Lowest Price Target Wall Street Target
434 USD -6.92%
LMT Average Price Target Wall Street Target
582 USD 24.81%
LMT Highest Price Target Wall Street Target
704 USD 50.99%
Price
Max Price Target
Min Price Target
Average Price Target
750750700700650650600600550550500500450450400400Jun '24Jun '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.76% DIVIDEND YIELD
3.3 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
14.0014.0012.0012.0010.0010.008.008.006.006.004.004.002.002.000.000.001.51.651.8222.22.42.62.833.153.31.51.651.8222.22.42.62.833.151.51.651.8222.22.42.62.833.151.656.151.826.7727.462.28.202.49.002.69.802.810.60311.403.1512.153.312.753.302015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 7
6. Ownership
Insider Ownership Lockheed Martin Corporation
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Sold
0-3 MONTHS
3.85 M USD 3
3-6 MONTHS
0 USD 0
6-9 MONTHS
1.78 M USD 1
9-12 MONTHS
2.05 M USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Lockheed (LMT) Reports Q1 Earnings: What Key Metrics Have to Say Although the revenue and EPS for Lockheed (LMT) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. zacks.com - 1 week ago
Lockheed Martin (LMT) Q1 Earnings and Revenues Beat Estimates Lockheed Martin (LMT) came out with quarterly earnings of $7.28 per share, beating the Zacks Consensus Estimate of $6.34 per share. This compares to earnings of $6.33 per share a year ago. zacks.com - 1 week ago
Lockheed Martin beats first quarter earnings estimates Lockheed Martin Corp (NYSE:LMT) shares moved higher before Tuesday's opening bell as the security and aerospace firm reported better-than-expected earnings for the first quarter. Earnings per share of $7.28 were up from $6.39 in the year-ago quarter and beat estimates of $6.31. proactiveinvestors.com - 1 week ago
S&P 500: US Stocks Bounce After Sell-Off, Lockheed and GE Earnings Support Gains S&P 500 rebounds after Monday's sell-off, lifted by strong earnings from Lockheed and Peloton. Traders await Tesla earnings and Fed signals for next moves. fxempire.com - 1 week ago
Lockheed Martin beats on top and bottom lines CNBC's Morgan Brennan joins 'Squawk Box' to report on the company's quarterly earnings results. youtube.com - 1 week ago
Lockheed Martin Crushed Earnings Estimates Amid Rising Uncertainty Investors hope the defense company reports higher earnings than expected, but they are also looking for indications of how the Trump administration will affect it. barrons.com - 1 week ago
Lockheed Martin Reports First Quarter 2025 Financial Results Sales increased 4% to $18.0 billion Net earnings of $1.7 billion, or $7.28 per share Cash from operations of $1.4 billion and free cash flow of $955 million Returned $1.5 billion of cash to shareholders through dividends and share repurchases Reaffirms 2025 financial outlook BETHESDA, Md. , April 22, 2025 /PRNewswire/ -- Lockheed Martin Corporation [NYSE: LMT] today reported first quarter 2025 sales of $18.0 billion, compared to $17.2 billion in the first quarter of 2024. prnewswire.com - 1 week ago
Top Wall Street Forecasters Revamp Lockheed Martin Expectations Ahead Of Q1 Earnings Lockheed Martin Corporation LMT will release earnings results for the first quarter, before the opening bell on Tuesday, April 22. benzinga.com - 1 week ago
Market Indexes Tank Again, but Gold Continues to Shine The COMEX closed today's session climbed +3.3% today to a current spot price of $3426 per ounce -- a new record high. zacks.com - 1 week ago
Should You Buy, Hold or Sell Lockheed Stock Before Q1 Earnings Release? LMT might disappoint with its first-quarter results, considering its dismal year-to-date share price performance and negative Earnings ESP. zacks.com - 1 week ago
Selling America, Buying Europe - My Picks After years of strong returns, amidst the tariff-induced uncertainty, I am rotating towards European-based equities. US economy is facing mounting pressures, via weakening consumer demand, reduced CAPEX spending, inflation, and rising recession odds. European equities are relatively cheap, and despite structural issues, pockets of opportunities exist in high-growth areas and via re-arming Europe initiative. seekingalpha.com - 1 week ago
Lockheed Martin Just Gave Investors Something New to Worry About Wall Street hates surprises, especially unexpected changes in the C-suite just days before earnings are released. fool.com - 2 weeks ago
8. Profile Summary

Lockheed Martin Corporation LMT

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COUNTRY US
INDUSTRY Aerospace & Defense
MARKET CAP $ 109 B
Dividend Yield 0.76%
Description Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies. The Missiles and Fire Control segment provides air and missile defense 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 Rotary and Mission Systems segment offers military and commercial helicopters, surface ships, sea and land-based missile defense systems, radar systems, sea and air-based mission and combat systems, command and control mission solutions, cyber solutions, and simulation and training solutions. The Space segment offers satellites; space transportation systems; strategic, advanced strike, and defensive missile systems; and classified systems and services in support of national security systems. This segment also provides network-enabled situational awareness and integrates space and ground-based systems to help its customers gather, analyze, and securely distribute critical intelligence data. It serves primarily serves the U.S. government, as well as foreign military sales contracted through the U.S. government. Lockheed Martin Corporation was founded in 1912 and is headquartered in Bethesda, Maryland.
Contact 6801 Rockledge Drive, Bethesda, MD, 20817 https://www.lockheedmartin.com
IPO Date Jan. 3, 1977
Employees 121000
Officers Mr. Gregory M. Ulmer President of Aeronautics Mr. James D. Taiclet Jr. Chairman, President & Chief Executive Officer Mr. H. Edward Paul III Chief Accounting Officer, Vice President & Controller Mr. John G. Clark Senior Vice President of Technology & Strategic Innovation Mr. Christopher J. Wronsky Senior Vice President & Chief Human Resource Officer Mr. Leo S. Mackay Jr., Ph.D. Senior Vice President of Ethics & Enterprise Assurance Mr. Dean Acosta Senior Vice President & Chief Communications Officer Mr. Kevin James O'Connor J.D. Senior Vice President, General Counsel & Corporate Secretary Ms. Maria Demaree Senior Vice President of Enterprise Business & Digital Transformation and Chief information Officer Ms. Maria A. Ricciardone Vice President, Treasurer & Investor Relations