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LMT
Lockheed Martin Corporation
$596.13
-42.87
(-6.71%)
| Exchange: | NYSE |
| Market Cap: | 137.708B |
| Shares Outstanding: | 230.9M |
Delayed data
About The Company
| Sector: | IndustrialsView sector performance | |||||
| Industry: | Aerospace & DefenseView industry performance | |||||
| CEO: | James D. Taiclet Jr. | |||||
| Full Time Employees: | 123000 | |||||
| Address: |
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| Website: | https://www.lockheedmartin.com |
Lockheed Martin Corporation stands as a prominent global security and aerospace enterprise, specializing in the comprehensive lifecycle of advanced technological systems. Its expertise spans the research, design, development, manufacturing, integration, and ongoing sustainment of cutting-edge products and services across the world. The company’s diverse operations are structured into four key segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The Aeronautics division is responsible for creating and producing leading-edge combat and air mobility aircraft, alongside unmanned aerial vehicles and their related innovations. The Missiles and Fire Control segment delivers sophisticated air and missile defense systems; tactical and precision air-to-ground weapon systems; comprehensive logistics; advanced fire control; mission operations, readiness, engineering support, and integration services; both crewed and uncrewed ground vehicles; and energy management solutions. Within the Rotary and Mission Systems segment, the portfolio includes military and commercial helicopters, naval surface ships, land and sea-based missile defense systems, advanced radar technologies, maritime and airborne mission and combat systems, intricate command and control solutions, cybersecurity services, and simulation and training platforms. The Space division focuses on satellites, space transportation systems, strategic, advanced strike, and defensive missile systems, as well as classified systems and services vital for national security. This segment further enhances situational awareness through network enablement, integrating space and ground-based systems to empower customers in gathering, analyzing, and securely distributing crucial intelligence data. Lockheed Martin primarily serves the United States government, alongside fulfilling foreign military sales facilitated through U.S. government contracts. Established in 1912, the corporation maintains its headquarters in Bethesda, Maryland.
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Revenue Segmentation
Revenue by type
Revenue by region
Industry Peers
| TICKER | COMPANY | MKT CAP | P/E | FWD P/E | ROIC |
|---|---|---|---|---|---|
| LMT | Lockheed Martin Corporation | 137.7B | 22.5 | 19.4 | 19.8% |
 BA | The Boeing Company | 140.5B | 18.0 | — | -0.2% |
 GD | General Dynamics Corporation | 98.7B | 21.6 | 21.3 | 11.3% |
 HWM | Howmet Aerospace Inc. | 85.3B | 38.9 | 39.2 | 20.1% |
 NOC | Northrop Grumman Corporation | 74.6B | 17.6 | 17.7 | 9.8% |
 TDG | TransDigm Group Incorporated | 67.5B | 34.8 | 29.7 | 14.4% |
EPS
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Earnings Call
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Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 67,571,000 | 71,043,000 | 75,057,000 |
| Gross Profit | 8,479,000 | 6,930,000 | 7,619,000 |
| EBITDA | 10,444,000 | 8,815,000 | 8,727,000 |
| Operating Income | 8,507,000 | 7,013,000 | 7,731,000 |
| Net Income | 6,920,000 | 5,336,000 | 5,017,000 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 52,456,000 | 55,617,000 | 59,840,000 |
| Total Liabilities | 45,621,000 | 49,284,000 | 53,119,000 |
| Total Stockholders Equity | 6,835,000 | 6,333,000 | 6,721,000 |
| Total Debt | 17,459,000 | 21,418,000 | 1,168,000 |
| Cash and Cash Equivalents | 1,442,000 | 2,483,000 | 4,121,000 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 7,920,000 | 6,972,000 | 8,557,000 |
| Capital Expenditure | -1,691,000 | -1,685,000 | -1,649,000 |
| Free Cash Flow | 6,229,000 | 5,287,000 | 6,908,000 |
| Net Income | 6,920,000 | 5,336,000 | 5,017,000 |
| Net Change in Cash | -1,105,000 | 1,041,000 | 1,638,000 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2030 | Research Access | Research Access | Research Access | Research Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 97,737,576.501 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (High) | 103,836,735.216 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (Avg) | 101,402,351.234 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Low) | 13,751,573.216 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (High) | 14,627,079.234 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Avg) | 14,277,634.546 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Low) | 9,078,868.806 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (High) | 9,823,766.394 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Avg) | 9,526,452.041 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Low) | 813,154.459 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (High) | 863,898.076 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Avg) | 843,644.553 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Avg) | 41.080 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (High) | 42.360 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Low) | 39.150 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated Revenue) | 9 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated EPS) | 7 | Research Access | Research Access | Research Access | Research Access |
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Current Key Metrics
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Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MarketSnap estimates LMT intrinsic value between $569.76 – $613.86 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
Common questions about LMT valuation
Is Lockheed Martin Corporation (LMT) overvalued or undervalued right now?
MarketSnap estimates intrinsic value for Lockheed Martin Corporation (LMT) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is LMT a buy, hold, or sell for long-term investors?
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What is LMT’s P/E ratio?
You can see LMT’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for LMT?
MarketSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MarketSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
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Whether LMT fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MarketSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
LMT
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Daily snapshot
-6.71
Trading Metrics:
| Open: | 614.65 | Previous Close: | 639 | |
| Day Low: | 595.02 | Day High: | 620.35 | |
| Year Low: | 437.25 | Year High: | 692 | |
| Price Avg 50: | 547.19 | Price Avg 200: | 569.02 | |
| Volume: | 1.653M | Average Volume: | 1.255M |
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