Ticker
LMT

Price
469.10
Stock movement up
+10.02 (2.18%)
Company name
Lockheed Martin Corporation
Exchange
(NYSE
,
Currency
USD
)
Sector
Industrials >
Aerospace & Defense
Market cap
122.94B
Ent value
160.57B
Price/Sales
1.90
Price/Book
10.27
Div yield
2.56%
Div growth
8.85%
Growth years
18
FCF payout
35.20%
Trailing P/E
20.95
Forward P/E
17.47
PEG
2.55
EPS growth
13.50%
1 year return
20.37%
3 year return
2.53%
5 year return
5.87%
10 year return
18.32%
Last updated: 2023-02-06

BUSINESS INSIGHT

Segment Revenues ($M)

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Segment Operating Income ($M)

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Sales by Customer Category ($M)

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Backlog Size ($B)

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Debt and other payments due by period ($M)

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DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share12.00
Dividend yield2.56%
Payout frequencyQuarterly
Maximum yield3.59%
Average yield2.70%
Minimum yield2.18%
Discount to avg yield-5.60%
Upside potential-5.30%
Yield as % of max yield71.28%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield2.56%
Current yield distribution61.51%
Yield at 100% (Min)2.18%
Yield at 90%2.40%
Yield at 80%2.47%
Yield at 50% (Median)2.65%
Yield at 20%2.94%
Yield at 10%3.09%
Yield at 0% (Max)3.59%

Dividend per share

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Dividend per share data
Years of growth18 years
CCC statusDividend Contender
Dividend per share12.00
Payout frequencyQuarterly
Ex-div date28 Feb 2023
EPS (TTM)22.14
EPS (1y forward)26.85
EPS growth (5y)13.50%
EPS growth (5y forward)8.20%

Dividend growth

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Dividend growth data
LMTS&P500
DGR MR7.14%11.59%
DGR TTM7.41%10.54%
DGR 3 years8.20%4.00%
DGR 5 years8.85%5.65%
DGR 10 years10.63%7.37%
DGR 15 years14.63%5.83%
Time since last change announced131 days
EPS growth (5y)13.50%
EPS growth (5y forward)8.20%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM51.32%35.20%
Average12.86%11.89%
Forward44.69%-

VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E20.95
Price to OCF12.12
Price to FCF14.37
Price to EBITDA13.85
EV to EBITDA18.09

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales1.90
Price to Book10.27
EV to Sales2.48

FINANCIALS

Per share

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Per share data
Current share count262.07M
EPS (TTM)22.14
FCF per share (TTM)32.28

Income statement

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Income statement data
Revenue (TTM)64.72B
Gross profit (TTM)8.41B
Operating income (TTM)8.51B
Net income (TTM)5.87B
EPS (TTM)22.14
EPS (1y forward)26.85

Margins

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Margins data
Gross margin (TTM)12.99%
Operating margin (TTM)13.15%
Profit margin (TTM)9.07%

Balance Sheet

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Balance Sheet data
Cash2.43B
Net receivables14.82B
Total current assets20.96B
Goodwill10.76B
Intangible assets2.52B
Property, plant and equipment0.00
Total assets52.03B
Accounts payable2.62B
Short/Current long term debt11.48B
Total current liabilities16.35B
Total liabilities40.06B
Shareholder's equity11.97B
Net tangible assets-1.32B

Cash flow

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Cash flow data
Operating cash flow (TTM)10.14B
Capital expenditures (TTM)1.58B
Free cash flow (TTM)8.56B
Dividends paid (TTM)3.01B

Financial returns

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Financial returns data
Return on Equity49.05%
Return on Assets11.28%
Return on Invested Capital25.03%
Cash Return on Invested Capital36.50%

STOCK INFORMATION

Stock chart

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Stock price data
Open463.58
Daily high469.77
Daily low462.91
Daily Volume1.27M
All-time high496.23
1y analyst estimate483.41
Beta0.71
EPS (TTM)22.14
Dividend per share12.00
Ex-div date28 Feb 2023
Next earnings date17 Apr 2023

Downside potential

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Downside potential data
LMTS&P500
Current price drop from All-time high-5.47%-14.21%
Highest price drop-71.58%-56.47%
Date of highest drop14 Mar 20009 Mar 2009
Avg drop from high-15.60%-11.49%
Avg time to new high19 days13 days
Max time to new high1235 days1805 days
COMPANY DETAILS
LMT (Lockheed Martin Corporation) company logo
Marketcap
122.94B
Marketcap category
Large-cap
Description
Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies. The Missiles and Fire Control segment provides 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 Rotary and Mission Systems segment offers 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 offers satellites; space transportation systems; strategic, advanced strike, and defensive missile 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-based systems to help its customers gather, analyze, and securely distribute critical intelligence data. It serves primarily serves the U.S. government, as well as foreign military sales contracted through the U.S. government. Lockheed Martin Corporation was founded in 1912 and is headquartered in Bethesda, Maryland.
Employees
114000
SEC filings
CEO
James Taiclet
Country
USA
City
Bethesda
Stock type
Common stock
CCC status
Dividend Contender
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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COMPANY NEWS
All newsPress releases
The industrial sector is a good hunting ground for stocks that will benefit from rising inflation, specifically with railroads and defense contractors. Here is one railroad and one defense contractor...
February 6, 2023
Amid a wild week, we made lots of moves, including adding to Vulcan Materials and Deere, starting a position in Coty, and trimming United Rentals.
February 3, 2023
Lockheed Martin, in particular, might gain from new opportunities to build or add to balloon surveillance systems, says a Capital Alpha Partners analyst.
February 3, 2023
Northrop (NOC) announces to buy back $500 million of the common stock under the ASR program.
February 3, 2023
Rocket company United Launch Alliance LLC is moving forward with construction plans on Cape Canaveral Space Force Station property to support launches of thousands of Amazon.com Inc. satellites. Cent...
February 2, 2023
Recently, Zacks.com users have been paying close attention to Lockheed (LMT). This makes it worthwhile to examine what the stock has in store.
February 1, 2023
General Dynamics' (GD) business unit clinches a $481.6-million deal for the sustainment of Prophet Enhanced detecting systems.
February 1, 2023
Well-chosen dividend stocks can supply you with just such an income stream, as well as valuable share price appreciation. To help you in your pursuit of these wealth-creators, here are three outstand...
February 1, 2023
Lockheed Martin, Airbus and General Dynamics have been highlighted in this Industry Outlook article.
February 1, 2023
Lockheed Martin shows rising price performance, earning an upgrade to its IBD Relative Strength Rating
January 31, 2023
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