Market Summary
USD473.24-0.07
Market Closed-0.01%
LMT Alerts
LMT Stock Price
LMT RSI Chart
LMT Valuation
LMT Price/Sales (Trailing)
LMT Profitability
LMT Fundamentals
LMT Revenue
LMT Earnings
Price Action
52 Week Range
373.67498.95
(Low)(High)
Last 7 days
-1.3%
Last 30 days
-1.8%
Last 90 days
-1.1%
Trailing 12 Months
6.2%
LMT Financial Health
LMT Investor Care
Peers (Alternatives to Lockheed Martin)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
LMT | 124.0B | 66.0B | -1.80% | 6.15% | 21.64 | 1.88 | -1.58% | -9.23% |
BA | 121.1B | 66.6B | -8.09% | 10.18% | -24.54 | 1.82 | 6.94% | -17.44% |
NOC | 68.9B | 36.6B | -3.31% | 1.30% | 14.08 | 1.88 | 2.62% | -30.11% |
GD | 60.4B | 39.4B | -6.93% | -7.26% | 17.82 | 1.53 | 2.44% | 4.08% |
TDG | 40.7B | 5.6B | -5.86% | 7.91% | 43.68 | 7.22 | 15.29% | 17.40% |
| MID-CAP | ||||||||
HEI | 9.7B | 2.3B | -5.88% | 12.02% | 27.48 | 4.38 | 20.68% | 11.62% |
HII | 8.2B | 10.7B | -6.17% | 3.09% | 14.14 | 0.77 | 12.10% | 6.43% |
BWXT | 5.8B | 2.2B | 3.07% | 18.01% | 24.15 | 2.58 | 5.12% | -22.13% |
SPR | 2.4B | 5.0B | -19.30% | -32.03% | -5.96 | 0.54 | 27.24% | -0.91% |
AVAV | 2.3B | 487.1M | 0.14% | 22.53% | -294.59 | 4.74 | 8.46% | -5840.15% |
| SMALL-CAP | ||||||||
AIR | 1.6B | 1.8B | -2.80% | 15.55% | 17.55 | 0.87 | 6.02% | 23.12% |
TGI | 728.6M | 1.4B | -15.32% | -55.76% | 7.55 | 0.53 | -10.88% | 191.35% |
DCO | 632.3M | 712.5M | -9.80% | -0.19% | 21.96 | 0.89 | 10.40% | -78.76% |
NPK | 496.3M | 321.6M | 0.58% | -6.46% | 29.25 | 1.52 | -9.60% | -19.31% |
ASTC | 18.4M | 422.0K | -11.58% | 1435.23% | -2.03 | 43.51 | -48.03% | -12.24% |
Financials for Lockheed Martin
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 1.9% | 65,984 | 64,722 | 64,167 | 65,750 | 67,044 |
| Gross Profit | -1.4% | 8,287 | 8,407 | 8,589 | 8,784 | 9,061 |
| R&D Expenses | - | 1,500 | - | - | - | - |
| EBITDA | -3.2% | 7,303 | 7,547 | 6,123 | 9,043 | - |
| EBITDA Margin | -5.1% | 0.11* | 0.12* | 0.14* | 0.14* | - |
| Earnings Before Taxes | -4.3% | 6,680 | 6,980 | 5,560 | 7,400 | 7,550 |
| EBT Margin | -6.1% | 0.10* | 0.11* | 0.11* | 0.11* | - |
| Interest Expenses | 9.9% | 623 | 567 | 563 | 564 | 569 |
| Net Income | -2.3% | 5,732 | 5,869 | 4,705 | 6,211 | 6,315 |
| Net Income Margin | -4.2% | 0.09* | 0.09* | 0.09* | 0.09* | - |
| Free Cahsflow | -23.1% | 7,802 | 10,142 | 8,946 | 8,883 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 1.6% | 52,880 | 52,030 | 51,758 | 51,510 | 50,873 |
| Current Assets | 0.1% | 20,991 | 20,960 | 20,973 | 20,390 | 19,815 |
| Cash Equivalents | 4.8% | 2,547 | 2,430 | 1,775 | 1,883 | 3,604 |
| Inventory | - | 2,981 | - | - | - | - |
| Net PPE | 4.5% | 7,975 | 7,629 | 7,569 | 7,561 | 7,597 |
| Goodwill | 0.1% | 10,780 | 10,764 | 10,794 | 10,811 | 10,813 |
| Liabilities | 8.9% | 43,614 | 40,064 | 40,326 | 41,508 | 39,914 |
| Current Liabilities | -2.8% | 15,887 | 16,347 | 16,479 | 16,047 | 13,997 |
| Long Term Debt | - | 11,676 | - | - | - | - |
| LT Debt, Non Current | 34.4% | 15,429 | 11,480 | 11,644 | 11,145 | 11,670 |
| Shareholder's Equity | -22.6% | 9,266 | 11,966 | 11,432 | 10,002 | 10,959 |
| Retained Earnings | -14.6% | 16,943 | 19,839 | 19,336 | 20,716 | 21,600 |
| Additional Paid-In Capital | Infinity% | 92.00 | - | - | - | 94.00 |
| Shares Outstanding | -1.2% | 262 | 265 | 266 | - | - |
| Minority Interest | - | - | - | - | - | - |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | -23.1% | 7,802 | 10,142 | 8,946 | 8,883 | 9,221 |
| Share Based Compensation | 2.1% | 238 | 233 | 234 | 234 | 227 |
| Cashflow From Investing | -17.5% | -1,789 | -1,523 | -1,355 | -1,243 | -1,161 |
| Cashflow From Financing | 20.7% | -7,070 | -8,916 | -8,561 | -8,690 | -7,616 |
| Dividend Payments | 1.5% | 3,016 | 2,972 | 2,951 | 2,928 | 2,900 |
| Buy Backs | 34.1% | 7,900 | 5,893 | 4,960 | 5,087 | 4,087 |
Risks for LMT
What is the probability of a big loss on LMT?
41.1%
Probability that Lockheed Martin stock will be more than 20% underwater in next one year
18.5%
Probability that Lockheed Martin stock will be more than 30% underwater in next one year.
0%
Probability that Lockheed Martin stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does LMT drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Lockheed Martin was unfortunately bought at previous high price.
Drawdowns
Returns for LMT
Cumulative Returns on LMT
20.8%
10-Year Cumulative Returns
14.4%
7-Year Cumulative Returns
9.9%
5-Year Cumulative Returns
15.3%
3-Year Cumulative Returns
What are the long-term rolling returns for LMT?
FIve years rolling returns for Lockheed Martin.
Annualized Returns
Which funds bought or sold LMT recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-15 | B. Riley Wealth Advisors, Inc. | reduced | -0.61 | 1,554,670 | 7,737,670 | 0.22% |
2023-03-13 | Claro Advisors LLC | added | 14.15 | 350,728 | 1,553,730 | 0.51% |
2023-03-10 | MATHER GROUP, LLC. | added | 29.46 | 199,208 | 515,208 | 0.01% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -2.86 | 32,290,800 | 176,850,000 | 0.19% |
2023-03-08 | SHEETS SMITH WEALTH MANAGEMENT | unchanged | - | 84,308 | 407,308 | 0.06% |
2023-03-08 | Capital Asset Advisory Services LLC | added | 172 | 2,138,730 | 3,008,730 | 0.24% |
2023-03-07 | Great Lakes Retirement, Inc. | new | - | 2,257,520 | 2,257,520 | 0.58% |
2023-03-06 | BIRMINGHAM CAPITAL MANAGEMENT CO INC/AL | reduced | -1.51 | 1,534,570 | 7,919,570 | 3.01% |
2023-03-06 | Rockefeller Capital Management L.P. | added | 1.82 | 11,738,000 | 53,319,000 | 0.27% |
2023-03-03 | Crumly & Associates Inc. | added | 9.61 | 216,748 | 787,748 | 0.30% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
LMT Alerts
Lockheed Martin News
Schedule 13G FIlings of Lockheed Martin
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 09, 2023 | vanguard group inc | 8.68% | 22,748,440 | SC 13G/A | |
| Feb 07, 2023 | blackrock inc. | 6.8% | 17,834,881 | SC 13G/A | |
| Feb 14, 2022 | state street corp | 14.36% | 39,595,732 | SC 13G/A | |
| Feb 11, 2022 | capital world investors | 4.9% | 13,472,888 | SC 13G/A | |
| Feb 10, 2022 | vanguard group inc | 7.56% | 20,852,508 | SC 13G/A | |
| Feb 03, 2022 | blackrock inc. | 6.4% | 17,560,982 | SC 13G/A | |
| Feb 01, 2022 | blackrock inc. | 9.0% | 4,552,717 | SC 13G/A | |
| Feb 24, 2021 | state street corp | 14.83% | 41,481,043 | SC 13G/A | |
| Feb 16, 2021 | capital world investors | 5.8% | 16,187,677 | SC 13G/A | |
| Feb 12, 2021 | state street corp | 14.83% | 41,481,043 | SC 13G |
LMT Fair Value
Lockheed Martin fair value in different scenarios
The table shows the Fair Value estimates for Lockheed Martin for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 210.41 -55.54% | 333.61 -29.51% | 444.23 -6.13% | 612.02 29.33% | 739.54 56.27% |
| Current Inflation | 253.39 -46.46% | 308.73 -34.76% | 391.24 -17.33% | 530.83 12.17% | 617.40 30.46% |
| Very High Inflation | 173.38 -63.36% | 258.10 -45.46% | 328.60 -30.56% | 438.81 -7.28% | 520.63 10.01% |
Historical Lockheed Martin Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Lockheed Martin
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 14, 2023 | ARS | ARS | |
| Mar 14, 2023 | DEF 14A | DEF 14A | |
| Mar 14, 2023 | DEFA14A | DEFA14A | |
| Mar 07, 2023 | 4 | Insider Trading | |
| Mar 03, 2023 | 4 | Insider Trading | |
| Mar 03, 2023 | 4 | Insider Trading | |
| Mar 03, 2023 | 4 | Insider Trading | |
| Mar 03, 2023 | 4 | Insider Trading | |
| Mar 03, 2023 | 4 | Insider Trading | |
| Mar 01, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for LMT
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-06 | Cahill Timothy S | sold | -1,214,910 | 479 | -2,534 | executive vice president |
2023-03-02 | Lightfoot Robert M JR | sold | -475,467 | 476 | -998 | executive vice president |
2023-03-02 | St John Frank A | sold | - | - | -7.9384 | chief operating officer |
2023-03-02 | Scott Evan T | sold | -208,203 | 476 | -437 | vice president & treasurer |
2023-03-02 | Lavan Maryanne | sold | -2,170,840 | 476 | -4,554 | svp & general counsel |
2023-03-02 | Hill Stephanie C. | sold | -734,462 | 476 | -1,541 | executive vice president |
2023-03-01 | St John Frank A | sold | -3,227,090 | 472 | -6,824 | chief operating officer |
2023-02-27 | Scott Evan T | acquired | - | - | 650 | vice president & treasurer |
2023-02-27 | Hill Stephanie C. | acquired | - | - | 2,111 | executive vice president |
2023-02-27 | Ulmer Gregory M | acquired | - | - | 354 | executive vice president |
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.
LMT Income Statement
2022-12-31Consolidated Statements of Earnings - USD ($) $ in Millions | 12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
| Net sales | |||
| Total net sales | $ 65,984 | $ 67,044 | $ 65,398 |
| Cost of sales | |||
| Severance and other charges | (100) | (36) | (27) |
| Other unallocated, net | 1,260 | 1,789 | 1,650 |
| Total cost of sales | (57,697) | (57,983) | (56,744) |
| Gross profit | 8,287 | 9,061 | 8,654 |
| Other income (expense), net | 61 | 62 | (10) |
| Operating profit | 8,348 | 9,123 | 8,644 |
| Interest expense | (623) | (569) | (591) |
| Non-service FAS pension (expense) income | (971) | (1,292) | 219 |
| Other non-operating (expense) income, net | (74) | 288 | (37) |
| Earnings from continuing operations before income taxes | 6,680 | 7,550 | 8,235 |
| Income tax expense | (948) | (1,235) | (1,347) |
| Net earnings from continuing operations | 5,732 | 6,315 | 6,888 |
| Net loss from discontinued operations | 0 | 0 | (55) |
| Net earnings | $ 5,732 | $ 6,315 | $ 6,833 |
| Basic | |||
| Continuing operations (in dollars per share) | $ 21.74 | $ 22.85 | $ 24.60 |
| Discontinued operations (in dollars per share) | 0 | 0 | (0.20) |
| Basic earnings per common share (in dollars per share) | 21.74 | 22.85 | 24.40 |
| Diluted | |||
| Continuing operations (in dollars per share) | 21.66 | 22.76 | 24.50 |
| Discontinued operations (in dollars per share) | 0 | 0 | (0.20) |
| Diluted earnings per common share (in dollars per share) | $ 21.66 | $ 22.76 | $ 24.30 |
| Products | |||
| Net sales | |||
| Total net sales | $ 55,466 | $ 56,435 | $ 54,928 |
| Cost of sales | |||
| Total cost of sales | (49,577) | (50,273) | (48,996) |
| Services | |||
| Net sales | |||
| Total net sales | 10,518 | 10,609 | 10,470 |
| Cost of sales | |||
| Total cost of sales | $ (9,280) | $ (9,463) | $ (9,371) |
LMT Balance Sheet
2022-12-31Consolidated Balance Sheets - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
|---|---|---|
| Current assets | ||
| Cash and cash equivalents | $ 2,547 | $ 3,604 |
| Receivables, net | 2,505 | 1,963 |
| Contract assets | 12,318 | 10,579 |
| Inventories | 3,088 | 2,981 |
| Other current assets | 533 | 688 |
| Total current assets | 20,991 | 19,815 |
| Property, plant and equipment, net | 7,975 | 7,597 |
| Goodwill | 10,780 | 10,813 |
| Intangible assets, net | 2,459 | 2,706 |
| Deferred income taxes | 3,744 | 2,290 |
| Other noncurrent assets | 6,931 | 7,652 |
| Total assets | 52,880 | 50,873 |
| Current liabilities | ||
| Accounts payable | 2,117 | 780 |
| Salaries, benefits and payroll taxes | 3,075 | 3,108 |
| Contract liabilities | 8,488 | 8,107 |
| Other current liabilities | 2,207 | 2,002 |
| Total current liabilities | 15,887 | 13,997 |
| Long-term debt, net | 15,429 | 11,670 |
| Accrued pension liabilities | 5,472 | 8,319 |
| Other noncurrent liabilities | 6,826 | 5,928 |
| Total liabilities | 43,614 | 39,914 |
| Stockholders’ equity | ||
| Common stock, $1 par value per share | 254 | 271 |
| Additional paid-in capital | 92 | 94 |
| Retained earnings | 16,943 | 21,600 |
| Accumulated other comprehensive loss | (8,023) | (11,006) |
| Total stockholders’ equity | 9,266 | 10,959 |
| Total liabilities and equity | $ 52,880 | $ 50,873 |