
Lockheed Martin Corporation (LMT)
News headlines Lockheed Martin (LMT) continues to benefit from increased defense spending amid geopolitical tensions, with strong earnings reports from industry peers and significant investments from major funds. The company is well-positioned for growth as military budgets rise, driving demand for its products and services.
Lockheed Martin (LMT) continues to benefit from increased defense spending amid geopolitical tensions, with strong earnings reports from industry peers and significant investments from major funds. The company is well-positioned for growth as military budgets rise, driving demand for its products and services.
- Previous Close
636.00 - Open
640.00 - Bid --
- Ask 631.31 x 8000
- Day's Range
618.45 - 646.59 - 52 Week Range
410.11 - 646.59 - Volume
2,062,237 - Avg. Volume
1,663,455 - Market Cap (intraday)
145.378B - Beta (5Y Monthly) 0.23
- PE Ratio (TTM)
29.23 - EPS (TTM)
21.49 - Earnings Date (est.) Apr 21, 2026
- Forward Dividend & Yield 13.80 (2.20%)
- Ex-Dividend Date Dec 1, 2025
- 1y Target Est
638.11
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 supports 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 serves 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.
www.lockheedmartin.com123,000
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: LMT
View MorePerformance Overview: LMT
Trailing total returns as of 2/3/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Earnings Trends: LMT
View MoreAnalyst Insights: LMT
View MoreStatistics: LMT
View MoreValuation Measures
Market Cap
146.33B
Enterprise Value
163.91B
Trailing P/E
29.23
Forward P/E
20.92
PEG Ratio (5yr expected)
1.34
Price/Sales (ttm)
1.95
Price/Book (mrq)
21.51
Enterprise Value/Revenue
2.16
Enterprise Value/EBITDA
18.58
Financial Highlights
Profitability and Income Statement
Profit Margin
6.68%
Return on Assets (ttm)
7.57%
Return on Equity (ttm)
76.86%
Revenue (ttm)
75.05B
Net Income Avi to Common (ttm)
5.02B
Diluted EPS (ttm)
21.49
Balance Sheet and Cash Flow
Total Cash (mrq)
4.12B
Total Debt/Equity (mrq)
338.80%
Levered Free Cash Flow (ttm)
5.28B
Compare To: LMT
Select to analyze similar companies using key performance metrics; select up to 4 stocks.
Company Insights: LMT
Fair Value
Dividend Score
Hiring Score
Insider Sentiment Score
Research Reports: LMT
View MoreLockheed Martin Earnings: Margin Expansion Is Back on the Menu; Shares Around 5% Undervalued
Lockheed Martin is the world's largest defense contractor and has dominated the Western market for high-end fighter aircraft since it won the F-35 Joint Strike Fighter program in 2001. Aeronautics is Lockheed’s largest segment, which derives upward of two-thirds of its revenue from the F-35. Lockheed’s remaining segments are rotary and mission systems, mainly encompassing the Sikorsky helicopter business; missiles and fire control, which creates missiles and missile defense systems; and space systems, which produces satellites and receives equity income from the United Launch Alliance joint venture.
RatingPrice TargetUS Defense: President's Budget Comment Buoys Share Prices; Fair Value Estimates Unchanged
Lockheed Martin is the world's largest defense contractor and has dominated the Western market for high-end fighter aircraft since it won the F-35 Joint Strike Fighter program in 2001. Aeronautics is Lockheed’s largest segment, which derives upward of two-thirds of its revenue from the F-35. Lockheed’s remaining segments are rotary and mission systems, mainly encompassing the Sikorsky helicopter business; missiles and fire control, which creates missiles and missile defense systems; and space systems, which produces satellites and receives equity income from the United Launch Alliance joint venture.
RatingPrice TargetThe Argus Min Vol Model Portfolio
Uncertainty over President Trump's new tariff policies almost knocked stocks into a bear market a year ago. While growth stocks suffered the most, value stocks also declined. Even bond prices were lower amid the confusion. Stocks have since recovered and the bull market that began in 2022 remains intact. But inflation is still an issue and now the Federal Reserve's treasured and valuable independence may be in question. Is a correction in the offing, given the high level of stock prices? Taking into account all the variables, is it time for investors to cash in their chips? As the market fluctuates between bull and bear, we note that investors exit equities at their own peril. So what's a potential equity strategy for investors amid all the uncertainty? Argus believes that Min Vol is an all-weather strategy that is timely in any investing climate.
US Defense: President's Budget Comment Buoys Share Prices; Fair Value Estimates Unchanged
Lockheed Martin is the world's largest defense contractor and has dominated the Western market for high-end fighter aircraft since it won the F-35 Joint Strike Fighter program in 2001. Aeronautics is Lockheed’s largest segment, which derives upward of two-thirds of its revenue from the F-35. Lockheed’s remaining segments are rotary and mission systems, mainly encompassing the Sikorsky helicopter business; missiles and fire control, which creates missiles and missile defense systems; and space systems, which produces satellites and receives equity income from the United Launch Alliance joint venture.
RatingPrice Target









