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Lockheed Martin Corporation (LMT)

628.26 -7.74 (-1.22%)
At close: February 3 at 4:00:02 PM EST
631.19 +2.93 (+0.47%)
Pre-Market: 8:56:29 AM EST
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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.

Updated 4m ago · Powered by Yahoo Scout
  • 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.com

123,000

Full Time Employees

December 31

Fiscal Year Ends

Performance 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

LMT
29.89%
S&P 500 (^GSPC)
1.06%

1-Year Return

LMT
42.02%
S&P 500 (^GSPC)
15.40%

3-Year Return

LMT
48.49%
S&P 500 (^GSPC)
67.24%

5-Year Return

LMT
116.85%
S&P 500 (^GSPC)
80.61%

Earnings Trends: LMT

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized
 

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q4 FY25
Revenue 20.32B
Earnings 1.34B

Q1

FY25

Q2

FY25

Q3

FY25

Q4

FY25

0
5B
10B
15B
20B
 

Analyst Insights: LMT

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Analyst Price Targets

517.00 Low
638.11 Average
628.26 Current
740.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Latest Rating

Date 2/2/2026
Analyst UBS
Rating Action Maintains
Rating Neutral
Price Action Raises
Price Target 580 -> 663
 

Statistics: LMT

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Valuation Measures

Annual
As of 2/3/2026
  • 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

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Company Insights: LMT

Fair Value

628.26 Current
 

Dividend Score

0 Low
Sector Avg.
100 High
 

Hiring Score

0 Low
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
Sector Avg.
100 High
 

Research Reports: LMT

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  • Lockheed 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.

    Rating
    Price Target
     
  • 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.

    Rating
    Price Target
     
  • The 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.

    Rating
    Price Target
     

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