Lockheed Martin Corporation

Valuation Analysis

About the Company

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 mili

Lockheed Martin Corporation Stock at a Glance

Lockheed Martin Corporation (LMT) is currently trading at $540.33 with a market capitalization of $124.6B. The trailing P/E ratio stands at 26.18x, with a forward P/E of 16.84x. The 52-week range spans from $410.11 to $692.00; the current price is 21.9% below the yearly high. Year-over-year revenue growth stands at +0.3%. The net profit margin stands at 6.38%.

💰 Dividend

Lockheed Martin Corporation pays an annual dividend of $13.80 per share, representing a yield of 2.55%. The payout ratio stands at 65.38%.

📊 Analyst Rating

19 analysts rate Lockheed Martin Corporation (LMT) on consensus: None. The average price target is $625.16, implying +15.7% from the current price. Analyst price targets range from $511.00 to $756.00.

Lockheed Martin Corporation: The Investment Case in Detail

Lockheed Martin Corporation (LMT) operates in the Industrials — specifically Aerospace & Defense — and is headquartered in United States. Below is a structured read of the investment case built directly from the latest fundamentals, valuation multiples, analyst positioning and smart-money flows. Each section translates raw numbers into the investment logic they imply, so you can decide whether the risk/reward fits your portfolio.

The Bull Case

Return on equity of 67.64% places management among the most capital-efficient operators in the public market — every euro of shareholder capital is working hard.

The Bear Case

Revenue growth has slowed to just 0.3%, which is below nominal GDP — the business is no longer outgrowing the broader economy. The debt-to-equity ratio of 276.37% is elevated, meaning the company relies heavily on creditors — refinancing terms will become more important than operational performance in the next economic downturn.

Valuation in Context

The PEG ratio at 1.14 sits in the reasonable zone — the price tag is roughly aligned with the company's growth profile, neither punishing nor euphoric.

What to Watch Next

• The forward P/E of 16.84x is meaningfully below the trailing 26.18x — analysts expect earnings to step up; the next earnings release is the test.

Investment Thesis: Strengths & Weaknesses

Technical Snapshot

Price shows short-term weakness (below 50d MA) but is still in a longer-term uptrend (above 200d MA).

Risk Profile

The data points to relatively defensive market behavior, higher leverage relative to equity.

Trading Data

💵 Dividend Info

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