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StockVS

NYSE · Aerospace & Defense · USD

Lockheed Martin Corporation (LMT) Stock Analysis

Lockheed Martin Corporation (LMT) is a Aerospace & Defense stock listed on NYSE and quoted in US Dollar.

Last Updated: October 21, 2026

LMT

$551.51

+$2.80 (+0.51%)

Oct 21, 2026 · Market close

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Price History

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LMT Key Statistics

As of Oct 21, 2026
Trading
Open
$547.14
Previous Close
$548.71
Day's Range
544.66–552.82
52-Week Range
437.25–692.00
Volume
1.46M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.10
Valuation
Market Cap
$127.28B
P/E Ratio
20.33
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
16.89
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
1.04
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
1.65
EPS (ttm)Profit attributable to each share over the last twelve months.
27.13
Financials (FY)
Revenue (FY)
$75.05B+5.64%
Net Income (FY)
$5.02B−5.98%
Profit marginThe share of revenue left as profit after all costs and taxes.
8.16%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
230.79M
1-Year Return
+15.58%
Dividend and dates
Dividend
$14.40+2.62%
Ex-Dividend Date
December 1, 2026
Earnings Date
October 22, 2026
Avg Volume
1.18M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, LMT closed at $551.51, +15.58% over 1 year.

Lockheed Martin Corporation (LMT) has a market capitalization of $127.28B.

In fiscal 2025, LMT reported revenue of $75.05B.

LMT Stock Return by Calendar Year

Lockheed Martin Corporation (LMT) 10-year return: what $10,000 became

1 year
$10,000 $11,558
+15.58%
5 years
$10,000 $16,895
+68.95%
10 years
$10,000 $31,150
+211.50%

If you had invested $10,000 in Lockheed Martin Corporation (LMT) 10 years ago, at the close on October 21, 2016, it would have been worth $31,150 at the close on October 21, 2026: +211.50% in total, +12.03% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+16.09%
2025+2.47%
2024+10.02%
2023−4.31%
2022+40.48%
2021+3.15%
2020−6.49%
2019+52.55%
2018−16.35%
2017+31.77%
2016 (partial year)−3.22%

As of October 21, 2026.

LMT Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$75.05B$5.02B6.7%
2024$71.04B$5.34B7.5%
2023$67.57B$6.92B10.2%
2022$65.98B$5.73B8.7%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$75.05B$7.62B$7.73B$5.02B6.7%
2024$71.04B$6.93B$7.01B$5.34B7.5%
2023$67.57B$8.48B$8.51B$6.92B10.2%
2022$65.98B$8.29B$8.35B$5.73B8.7%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

LMT Dividend History

$13.35+4.7% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$10.353—
2025$13.354+4.7%
2024$12.754+4.9%
2023$12.154+6.6%
YearDividends per sharePaymentsChange
2026 (partial year)$10.353—
2025$13.354+4.7%
2024$12.754+4.9%
2023$12.154+6.6%
2022$11.404+7.5%
2021$10.604+8.2%
2020$9.804+8.9%
2019$9.004+9.8%
2018$8.204+9.9%
2017$7.464+309.9%
2016$1.821—

Most recent payment: $3.45 per share, ex-dividend September 1, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

LMT Valuation vs Aerospace & Defense Median

Median of 98 stocks
MetricLMTAerospace & Defense medianvs median
P/E20.3333.9140% below
P/S ratio1.653.8157% below
Profit margin8.16%5.29%2.9 pts above

Medians across 98 Aerospace & Defense stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Lockheed Martin Corporation (LMT) is capitalised at $127.28B on the latest close. It is classified in the Aerospace & Defense industry, within the Industrials sector. Headcount on file is 123,000.

The 52-week range on file runs from $437.25 to $692.00. The most recent close on file for LMT is $551.51, dated October 21, 2026. That is +$2.80 (+0.51%) against the previous close. The latest close sits 26.13% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $75.05B. That is +5.64% against the prior fiscal year, when revenue was $71.04B. The same year closed with net income of $5.02B. That is −5.98% against the prior fiscal year. The reported profit margin is 8.16%. That is 2.9 percentage points above the Aerospace & Defense median of 5.29%. Earnings per share on a trailing basis come to 27.13.

Across the 4 fiscal years on file, revenue moves from $65.98B in 2022 to $75.05B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

On trailing earnings, the shares are priced at 20.33 times earnings. That is 40.05% below the Aerospace & Defense median of 33.91. The forward P/E on file is 16.89. The PEG ratio, which sets the P/E against expected earnings growth, reads 1.04. Measured against sales, the shares trade at 1.65 times revenue. On price-to-sales that is 56.65% below the Aerospace & Defense median of 3.81. 98 Aerospace & Defense companies report these metrics, and the medians quoted come from that group.

The trailing one-year total return is +15.58%. Measured over 10 years, that is +12.03% a year compounded. Beta against the wider market is reported at 0.1. Annualized volatility over the trailing 10 years is 24.38%.

Growth & Income

Shareholders receive a dividend, yielding 2.62% on the latest price. That is 1.5 percentage points above the Aerospace & Defense median yield of 1.17%. The indicated annual rate is $14.40 a share. The ex-dividend date on file is December 1, 2026. Dividends are recorded for 11 calendar years; 2026 shows 3 payments totalling $10.35 a share. The year before, 2025, totalled $13.35 a share.

2026 is still running; the total return is +16.09% year to date. The strongest complete calendar year on file is 2019 at +52.55%; the weakest is 2018 at −16.35%. Of the 9 complete calendar years on file, 6 finished higher.

Peer Comparison

Lockheed Martin Corporation (LMT) operates in the Aerospace & Defense industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Lockheed Martin Corporation LMT $127.28B 20.3
Space Exploration Technologies Corp. SPCX $2.10T —
GE Aerospace GE $306.99B 34.9
RTX Corporation RTX $258.23B 33.7

The Aerospace & Defense industry average P/E ratio is 33.9x. Lockheed Martin Corporation trades at a P/E of 20.3.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Lockheed Martin Corporation

Lockheed Martin Corporation, an aerospace and defense company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services in the United States, Europe, Asia, the Middle East, and internationally. The company operates through four segments: Aeronautics; Missiles and Fire Control (MFC); Rotary and Mission Systems (RMS); and Space. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies. The MFC segment provides air and missile defense systems; tactical missiles and precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support, and integration services; and ground vehicles. The RMS segment offers military and commercial helicopters, surface ships, sea- and land-based missile defense systems, radar and laser systems, sea- and air-based mission and combat systems, command and control mission solutions, cyber solutions, simulation and training solutions, and services and support for surface ships. The Space segment provides satellites; space transportation systems; strategic, advanced strike, and defensive 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 global systems to help its customers gather, analyze, and securely distribute critical intelligence data. It primarily serves the U.S. government and international customers, as well as foreign military sales contracted through the U.S. government. The company was formerly known as The Lockheed Corporation and changed its name to Lockheed Martin Corporation in March 1995. Lockheed Martin Corporation was founded in 1912 and is based in Bethesda, Maryland.

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