lockheed martin corp. - LMT

LMT

Close Chg Chg %
542.34 -0.87 -0.16%

Open Market

541.47

-0.87 (0.16%)

Volume: 597.00K

Last Updated:

Nov 22, 2024, 1:01 PM EDT

Company Overview: lockheed martin corp. - LMT

LMT Key Data

Open

$544.12

Day Range

539.92 - 545.81

52 Week Range

413.97 - 618.61

Market Cap

$128.48B

Shares Outstanding

237.04M

Public Float

236.90M

Beta

0.48

Rev. Per Employee

N/A

P/E Ratio

19.62

EPS

$27.73

Yield

232.47%

Dividend

$3.30

EX-DIVIDEND DATE

Dec 2, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

1.22M

 

LMT Performance

1 Week
 
1.34%
 
1 Month
 
-3.61%
 
3 Months
 
-2.34%
 
1 Year
 
19.91%
 
5 Years
 
38.71%
 

LMT Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 26
Full Ratings ➔

About lockheed martin corp. - LMT

Lockheed Martin Corp. is 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 research, 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 is involved in 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 RMS segment designs, manufactures, services, and supports various 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 includes the production of satellites, space transportation systems, and strategic, advanced strike, and defensive systems. The company was founded in 1912 and is headquartered in Bethesda, MD.

LMT At a Glance

Lockheed Martin Corp.
6801 Rockledge Drive
Bethesda, Maryland 20817-1877
Phone 1-301-897-6000 Revenue 67.57B
Industry Aerospace & Defense Net Income 6.92B
Sector Electronic Technology 2023 Sales Growth 2.405%
Fiscal Year-end 12 / 2024 Employees 122,000
View SEC Filings

LMT Valuation

P/E Current 19.355
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 16.453
Price to Sales Ratio 1.685
Price to Book Ratio 15.915
Price to Cash Flow Ratio 14.376
Enterprise Value to EBITDA 13.426
Enterprise Value to Sales 1.939
Total Debt to Enterprise Value 0.142

LMT Efficiency

Revenue/Employee 553,860.656
Income Per Employee 56,721.311
Receivables Turnover 4.412
Total Asset Turnover 1.283

LMT Liquidity

Current Ratio 1.212
Quick Ratio 1.027
Cash Ratio 0.085

LMT Profitability

Gross Margin 14.549
Operating Margin 12.329
Pretax Margin 11.984
Net Margin 10.241
Return on Assets 13.139
Return on Equity 85.957
Return on Total Capital 27.168
Return on Invested Capital 27.352

LMT Capital Structure

Total Debt to Total Equity 272.655
Total Debt to Total Capital 73.166
Total Debt to Total Assets 35.527
Long-Term Debt to Equity 265.589
Long-Term Debt to Total Capital 71.269
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Lockheed Martin Corp. - LMT

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
65.40B 67.04B 65.98B 67.57B
Sales Growth
+9.34% +2.52% -1.58% +2.41%
Cost of Goods Sold (COGS) incl D&A
55.65B 56.45B 55.57B 57.74B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
1.29B 1.36B 1.40B 1.43B
Depreciation
853.00M 904.00M 903.00M 920.00M
Amortization of Intangibles
437.00M 460.00M 501.00M 510.00M
COGS Growth
+10.46% +1.44% -1.55% +3.90%
Gross Income
9.75B 10.60B 10.41B 9.83B
Gross Income Growth
+3.35% +8.69% -1.76% -5.56%
Gross Profit Margin
+14.91% +15.81% +15.78% +14.55%
2020 2021 2022 2023 5-year trend
SG&A Expense
1.30B 1.50B 1.70B 1.50B
Research & Development
1.30B 1.50B 1.70B 1.50B
Other SG&A
- - - -
-
SGA Growth
- +15.38% +13.33% -11.76%
Other Operating Expense
- - - -
-
Unusual Expense
155.00M 36.00M 571.00M (84.00M)
EBIT after Unusual Expense
8.29B 9.06B 8.14B 8.41B
Non Operating Income/Expense
531.00M (942.00M) (836.00M) 599.00M
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
163.00M 97.00M 114.00M 40.00M
Interest Expense
591.00M 569.00M 623.00M 916.00M
Interest Expense Growth
-9.49% -3.72% +9.49% +47.03%
Gross Interest Expense
591.00M 569.00M 623.00M 916.00M
Interest Capitalized
- - - -
-
Pretax Income
8.23B 7.55B 6.68B 8.10B
Pretax Income Growth
+13.73% -8.32% -11.52% +21.23%
Pretax Margin
+12.59% +11.26% +10.12% +11.98%
Income Tax
1.35B 1.24B 948.00M 1.18B
Income Tax - Current - Domestic
1.29B 1.32B 1.62B 1.57B
Income Tax - Current - Foreign
50.00M 93.00M 87.00M 102.00M
Income Tax - Deferred - Domestic
21.00M (194.00M) (776.00M) (503.00M)
Income Tax - Deferred - Foreign
(16.00M) 11.00M 19.00M 5.00M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
163.00M 97.00M 114.00M 40.00M
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
6.89B 6.32B 5.73B 6.92B
Minority Interest Expense
- - - -
-
Net Income
6.89B 6.32B 5.73B 6.92B
Net Income Growth
+10.56% -8.32% -9.23% +20.73%
Net Margin Growth
+10.53% +9.42% +8.69% +10.24%
Extraordinaries & Discontinued Operations
- - - (55.00M)
-
Discontinued Operations
- - - (55.00M)
-
Net Income After Extraordinaries
6.83B 6.32B 5.73B 6.92B
Preferred Dividends
- - - -
-
Net Income Available to Common
6.83B 6.32B 5.73B 6.92B
EPS (Basic)
24.4036 22.8473 21.7368 27.6468
EPS (Basic) Growth
+10.46% -6.38% -4.86% +27.19%
Basic Shares Outstanding
280.00M 276.40M 263.70M 250.30M
EPS (Diluted)
24.2994 22.765 21.6629 27.5478
EPS (Diluted) Growth
+10.69% -6.31% -4.84% +27.17%
Diluted Shares Outstanding
281.20M 277.40M 264.60M 251.20M
EBITDA
9.74B 10.46B 10.11B 9.76B
EBITDA Growth
+4.47% +7.40% -3.32% -3.49%
EBITDA Margin
+14.89% +15.60% +15.33% +14.45%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 616.85
Number of Ratings 26 Current Quarters Estimate 6.582
FY Report Date 12 / 2024 Current Year's Estimate 26.70
Last Quarter’s Earnings 6.84 Median PE on CY Estimate N/A
Year Ago Earnings 27.82 Next Fiscal Year Estimate 27.952
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 20 13 22 21
Mean Estimate 6.58 6.48 26.70 27.95
High Estimates 6.75 7.11 26.97 29.42
Low Estimate 6.36 6.01 26.53 26.72
Coefficient of Variance 1.85 5.19 0.35 3.07

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 10 10 10
OVERWEIGHT 2 2 2
HOLD 12 12 11
UNDERWEIGHT 1 1 1
SELL 1 1 1
MEAN Overweight Overweight Overweight

Insider Actions for Lockheed Martin Corp. - LMT

Date Name Shares Transaction Value
Jul 26, 2024 Timothy S. Cahill Pres. Missiles & Fire Control 10,920 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $515.51 per share 5,629,369.20
Jul 26, 2024 Timothy S. Cahill Pres. Missiles & Fire Control 12,704 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $517.71 per share 6,576,987.84
Jul 26, 2024 Timothy S. Cahill Pres. Missiles & Fire Control 8,877 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $514.6 per share 4,568,104.20
Jul 26, 2024 Timothy S. Cahill Pres. Missiles & Fire Control 11,904 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $516.69 per share 6,150,677.76
Jul 3, 2024 Vicki A. Hollub Director 2,253 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 David B. Burritt Director 10,228 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 6, 2024 Heather A. Wilson Director 212 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 30, 2024 Frank A. St. John Chief Operating Officer N/A Discretionary transaction in accordance with Rule 16b-3(f) resulting in acq or disposition of issuer shs 0.00
Apr 30, 2024 Frank A. St. John Chief Operating Officer N/A Discretionary transaction in accordance with Rule 16b-3(f) resulting in acq or disposition of issuer shs 0.00
Mar 8, 2024 Robert M. Lightfoot President Space N/A Open market or private sale of non-derivative or derivative security Non-derivative transaction at $433.59 per share 0.00
Mar 8, 2024 Gregory M. Ulmer President Aeronautics N/A Open market or private sale of non-derivative or derivative security Non-derivative transaction at $431.19 per share 0.00
Mar 8, 2024 Maryanne R. Lavan SVP & General Counsel N/A Open market or private sale of non-derivative or derivative security Non-derivative transaction at $434.39 per share 0.00
Mar 8, 2024 Stephanie C. Hill Pres. Rotary & Mission Systems 12,604 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $431.59 per share 5,439,760.36
Mar 6, 2024 Frank A. St. John Chief Operating Officer N/A Open market or private sale of non-derivative or derivative security Non-derivative transaction at $424.87 per share 0.00
Feb 28, 2024 Maryanne R. Lavan SVP & General Counsel 7,583 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 28, 2024 H. Edward Paul Vice President & Controller N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 28, 2024 Maryanne R. Lavan SVP & General Counsel 4,022 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $431.12 per share 1,733,964.64
Feb 28, 2024 Robert M. Lightfoot President Space 511 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $431.12 per share 220,302.32
Feb 28, 2024 James D. Taiclet Chairman, President & CEO; Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 28, 2024 James D. Taiclet Chairman, President & CEO; Director 61,453 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00

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