Lockheed Martin Corp (LMT US)
LMT US$629.75
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Performance
Advanced charting functionality with the ability to amend timeframes, chart type & indicator selection, powered by TradingView.
Share price activity
Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
- Last (Price)
- 629.75
- Change
- ▲ 6.76 (1.09)
- Bid / Ask
- 0.00 - 0.00
- Volume
- 359,208
- Turnover
- 191,824,829
- Open
- 616.56
- Day Range
- 614.76 - 635.52
- VWAP
- 628.41
- Prev Close
- 622.99
- Last Trade
- 28/10 4:10pm
Key information
Displays key information on the security, sourced from Morningstar.
- Sector
- Industrials
- Shares Issued
- 230,790,753
- NTA/Share
- -38.85
- Last Dividend
- 3.45
- Dividend Ex Date
- 1 SEP 2026
- Dividend Pay Date
- 25 SEP 2026
Current (USD) · FY2025
Displays key financial data for the most recent fiscal year, in millions. Note - Per share data is in local currency terms irrespective of reporting currency, and may be different to the stated currency, sourced from Morningstar.
- Revenue
- 75,048.00
- EBITDA
- 8,727.00
- Profit
- 5,017.00
- Earnings Per Share (EPS)
- 21.49
- Dividend Per Share (DPS)
- 13.35
- Yield %
- 2.50
- Market Cap
- 145,475.17
- Price to Earnings Ratio (P/E)
- 22.36
Estimates (USD) · FY2027
Displays consensus analyst’s estimates for key measures for the next fiscal year, sourced from Morningstar.
- Revenue
- 83,776.02
- EBITDA
- 12,107.41
- Profit
- 7,527.13
- Earnings Per Share (EPS)
- 33.10
- Dividend Per Share (DPS)
- 14.40
Quantitative rating
Displays Morningstar’s Quantitative Equity Research Rating for the security: a star rating from 1 (overvalued) to 5 (undervalued) from the share price against a fair value estimated by a statistical model of Morningstar’s analyst ratings, with the model’s economic moat, financial health and fair value uncertainty, sourced from Morningstar.
Fairly valued
- Economic Moat
- Wide
- Financial Health
- Moderate
- Uncertainty
- Medium
Morningstar Quantitative Rating as of 21 OCT 2026.
Quantitative Equity Rating Methodology – view here
Fair value estimate
Displays Morningstar’s quantitative fair value estimate for the security against the current share price, with the band around it: the five-star price below which the model would rate the stock five stars and the one-star price above which it would rate it one star, sourced from Morningstar.
Five-star price 506.91 Fair value 571.56 One-star price 644.47
Morningstar Quantitative Rating as of 21 OCT 2026.
Quantitative valuation
Displays where the share price sits in Morningstar’s quantitative fair value band, from the five-star price (undervalued) to the one-star price (overvalued), with the fair value estimate, the price to fair value ratio, the model’s valuation label and its uncertainty rating, sourced from Morningstar.
Buy
Sell
- Fair Value
- 571.56
- Price / Fair Value
- 0.96
- Valuation
- Fairly valued
- Uncertainty
- Medium
Morningstar Quantitative Rating as of 21 OCT 2026. The slider runs from the five-star price (506.91) to the one-star price (644.47).
Displays useful ratios for the security, NB the pricing date used, sourced from Morningstar.
| Ratios |
|---|
| Currency (Price/reporting): USD/USD |
| Exchange Rate: 1.0000 |
Price, volume and trading statistics for the security, sourced from Morningstar.
| Price - closing or last bid | 551.51 |
| Price - 12 month high | 691.98 |
| Price - 12 month low | 437.57 |
| Pricing date | 20 OCT 2026 |
| Volume - avg. trading volume for the last ten days | 1.18 |
| Market capitalization | 127,283.41 |
| 12 Month High price date | 2 MAR 2026 |
| 12 Month Low price date | 2 DEC 2025 |
| Volume - avg. trading volume for the last 3 months | 1.18 |
| Price - 1 Day % Change | 0.51% |
| Price - 13 week price percent change | 8.76% |
| Price - 26 week price percent change | -3.57% |
| Price - 5 Day % Change | 5.61% |
| Price - 52 week price percent change | 12.67% |
| Price - YTD price percent change | 13.01% |
| Price % Change Month To Date | 3.01% |
Earnings, dividends, cash flow and book value per share, sourced from Morningstar.
| EPS excluding extraordinary items - most recent fiscal year | 21.490 |
| EPS excluding extraordinary items - trailing 12 month | 27.130 |
| EPS Normalized - most recent fiscal year | 22.832 |
| Revenue/share - most recent fiscal year | 321.405 |
| Revenue/share - trailing 12 month | 332.458 |
| Book value per share - most recent fiscal year | 29.349 |
| Book value per share - most recent quarter | 38.122 |
| Book value (tangible) per share - most recent fiscal year | -38.852 |
| Book value (tangible) per share - most recent quarter | -18.770 |
| Cash per share - most recent fiscal year | 17.996 |
| Cash per share - most recent quarter | 16.483 |
| Cash Flow per share - most recent fiscal year | 35.850 |
| Cash Flow per share - trailing 12 month | 39.840 |
| Dividend per share - most recent fiscal year | 13.350 |
| Dividends per share - trailing 12 month | 13.800 |
| EBITD per share - trailing 12 month | 44.123 |
| EPS Basic excluding extraordinary items - most recent fiscal year | 21.560 |
| EPS Basic excluding extraordinary items - trailing 12 month | 27.250 |
| EPS including extraordinary items - most recent fiscal year | 21.560 |
| EPS including extraordinary items - trailing 12 month | 27.250 |
| Free Cash Flow per share - trailing 12 month | 32.618 |
Valuation multiples such as P/E, price to sales, price to book and enterprise value ratios, sourced from Morningstar.
| P/E excluding extraordinary items, most recent fiscal year | 20.33 |
| P/E Normalized, most recent fiscal year | 19.43 |
| Price to sales - most recent fiscal year | 1.66 |
| Price to Tangible Book - most fiscal year | — |
| Price to Free Cash Flow per Share - most recent fiscal year | 16.91 |
| Price to Cash Flow per share - trailing 12 month | 13.84 |
| Price to Book - most recent fiscal year | 14.47 |
| P/E excluding extraordinary items high, trailing 12 months | 33.27 |
| P/E excluding extraordinary items low, trailing 12 months | 18.40 |
| Net Debt, LFI | 16,747.00 |
| Net Debt, LFY | 17,579.00 |
| Dividend Yield - 5 Year Average | 2.58% |
| Dividend Yield - indicated annual dividend divided by closing price | 2.51% |
| Current Dividend Yield - Common Stock Primary Issue, LTM | 2.50% |
Cash flow, liquidity and leverage measures, sourced from Morningstar.
| Free Cash Flow - most recent fiscal year | 6,722.00 |
| LT debt/equity - most recent fiscal year | 305.49% |
| Payout ratio - most recent fiscal year | 62.12% |
| Total debt/total equity - most recent fiscal year | 322.87% |
| LT debt/equity - most recent quarter | 234.24% |
| Total debt/total equity - most recent quarter | 234.24% |
| Free Cash Flow - trailing 12 month | 7,556.00 |
| Payout ratio - trailing 12 month | 50.31% |
Key income statement lines for the most recent fiscal year, in millions, sourced from Morningstar.
| Revenue - most recent fiscal year | 75,048.00 |
| Revenue - trailing 12 month | 77,014.00 |
| EBITD - most recent fiscal year | 8,727.00 |
| EBITD - trailing 12 month | 10,221.00 |
| Earnings before taxes - most recent fiscal year | 5,922.00 |
| Earnings before taxes - trailing 12 month | 7,421.00 |
| Net Income available to common - most recent fiscal year | 5,017.00 |
| Net Income available to common - trailing 12 months | 6,287.00 |
| Earnings before taxes Normalized - most recent fiscal year | 6,292.00 |
| Net Income Available to Common, Normalized - most recent fiscal year | — |
| Earnings per Share, Normalized, Excluding Extraordinary Items, Avg. Diluted Shares Outstanding, TTM | 28.38 |
Profitability margins for the most recent fiscal year, sourced from Morningstar.
| Net Profit Margin % - 1st historical fiscal year | 6.69% |
| Net Profit Margin % - trailing 12 month | 8.16% |
| Operating margin - 1st historical fiscal year | 10.30% |
| Operating margin - trailing 12 month | 11.88% |
| Pretax margin - trailing 12 month | 9.64% |
| Pretax margin - 1st historical fiscal year | 7.89% |
| Operating Margin - 5 year average | 11.80% |
| Pretax Margin - 5 year average | 10.00% |
| Free Operating Cash Flow/Revenue, 5 Year Average | 9.41% |
| Free Operating Cash Flow/Revenue, TTM | 9.81% |
| Net Profit Margin - 5 year average | 8.51% |
Returns on average assets and equity for the fiscal year, the trailing 12 months and as 5 year averages, and net income and revenue per employee in whole currency, sourced from Morningstar.
| Return on average assets - most recent fiscal year | 8.61% |
| Return on average assets - trailing 12 month | 10.45% |
| Return on average equity - most recent fiscal year | 80.27% |
| Return on average equity - trailing 12 month | 91.13% |
| Return on average assets - 5 year average | 10.77% |
| Return on average equity - 5 year average | 73.67% |
| Net Income/employee - most recent fiscal year | 40,788.62 |
| Revenue/employee - most recent fiscal year | 610,146.34 |
Growth in revenue, earnings, dividends and book value over recent periods, sourced from Morningstar.
| Revenue growth rate, 5 year | 2.79% |
| EPS growth rate, 5 year | -2.43% |
| Growth rate% - dividend, 3 year | 5.40% |
| Revenue/share (5 yr growth) | 6.68% |
| Growth rate% - Revenue, 3 year | 4.38% |
| Growth rate% - EPS, 3 year | -0.26% |
| Book value per share growth rate, 5 year | 6.36% |
| Capital Spending growth rate, 5 year | -1.36% |
| Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR | -2.91% |
Displays analyst’s forecasts for key measures. The estimates can be expanded to see the spread of the calls. Full lines = reported, and dotted lines are forward estimates. Click a measure to add or remove it from the chart, sourced from Morningstar.
Financial forecast (USD, millions except per share)
| Actuals | Estimates | |||||||
| 2025 | 2026 | 2027 | 2028 | 2029 | ||||
| Estimate breakdown | ||||||||
Financial metrics can be plotted on the graph to see trends. Multiple metrics from multiple statements can be plotted against each other, sourced from Morningstar.
Financials (USD, millions)
| Period end: | DEC 21 | DEC 22 | DEC 23 | DEC 24 | DEC 25 |
| Fiscal year: | 2021 | 2022 | 2023 | 2024 | 2025 |
| Period length: | 12 months | 12 months | 12 months | 12 months | 12 months |
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
Announcements
Announcements are available for ASX-listed companies only.
Opinion
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Action
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Business Summary
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, 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.
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