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Lockheed Martin Corp Stock Research

LMT

473.24USD-0.07(-0.01%)Market Closed

Market Summary

USD473.24-0.07
Market Closed
-0.01%

LMT Alerts

LMT Stock Price

LMT RSI Chart

LMT Valuation

Market Cap

124.0B

Price/Earnings (Trailing)

21.64

Price/Sales (Trailing)

1.88

EV/EBITDA

16.63

Price/Free Cashflow

15.9

LMT Price/Sales (Trailing)

LMT Profitability

Operating Margin

12.56%

EBT Margin

10.12%

Return on Equity

61.86%

Return on Assets

10.84%

Free Cashflow Yield

6.29%

LMT Fundamentals

LMT Revenue

Revenue (TTM)

66.0B

Revenue Y/Y

7.12%

Revenue Q/Q

14.52%

LMT Earnings

Earnings (TTM)

5.7B

Earnings Y/Y

-6.69%

Earnings Q/Q

7.54%

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

Current Ratio

1.32

Debt/Equity

0.98

Debt/Cashflow

0.87

LMT Investor Care

Dividend Yield

2.41%

Dividend/Share (TTM)

11.4

Diluted EPS (TTM)

21.66

Peers (Alternatives to Lockheed Martin)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
124.0B
66.0B
-1.80% 6.15%
21.64
1.88
-1.58% -9.23%
121.1B
66.6B
-8.09% 10.18%
-24.54
1.82
6.94% -17.44%
68.9B
36.6B
-3.31% 1.30%
14.08
1.88
2.62% -30.11%
60.4B
39.4B
-6.93% -7.26%
17.82
1.53
2.44% 4.08%
40.7B
5.6B
-5.86% 7.91%
43.68
7.22
15.29% 17.40%
MID-CAP
9.7B
2.3B
-5.88% 12.02%
27.48
4.38
20.68% 11.62%
8.2B
10.7B
-6.17% 3.09%
14.14
0.77
12.10% 6.43%
5.8B
2.2B
3.07% 18.01%
24.15
2.58
5.12% -22.13%
2.4B
5.0B
-19.30% -32.03%
-5.96
0.54
27.24% -0.91%
2.3B
487.1M
0.14% 22.53%
-294.59
4.74
8.46% -5840.15%
SMALL-CAP
1.6B
1.8B
-2.80% 15.55%
17.55
0.87
6.02% 23.12%
728.6M
1.4B
-15.32% -55.76%
7.55
0.53
-10.88% 191.35%
632.3M
712.5M
-9.80% -0.19%
21.96
0.89
10.40% -78.76%
496.3M
321.6M
0.58% -6.46%
29.25
1.52
-9.60% -19.31%
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)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue1.9%65,98464,72264,16765,75067,044
Gross Profit-1.4%8,2878,4078,5898,7849,061
  R&D Expenses-1,500----
EBITDA-3.2%7,3037,5476,1239,043-
EBITDA Margin-5.1%0.11*0.12*0.14*0.14*-
Earnings Before Taxes-4.3%6,6806,9805,5607,4007,550
EBT Margin-6.1%0.10*0.11*0.11*0.11*-
Interest Expenses9.9%623567563564569
Net Income-2.3%5,7325,8694,7056,2116,315
Net Income Margin-4.2%0.09*0.09*0.09*0.09*-
Free Cahsflow-23.1%7,80210,1428,9468,883-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets1.6%52,88052,03051,75851,51050,873
  Current Assets0.1%20,99120,96020,97320,39019,815
    Cash Equivalents4.8%2,5472,4301,7751,8833,604
  Inventory-2,981----
  Net PPE4.5%7,9757,6297,5697,5617,597
  Goodwill0.1%10,78010,76410,79410,81110,813
Liabilities8.9%43,61440,06440,32641,50839,914
  Current Liabilities-2.8%15,88716,34716,47916,04713,997
  Long Term Debt-11,676----
    LT Debt, Non Current34.4%15,42911,48011,64411,14511,670
Shareholder's Equity-22.6%9,26611,96611,43210,00210,959
  Retained Earnings-14.6%16,94319,83919,33620,71621,600
  Additional Paid-In CapitalInfinity%92.00---94.00
Shares Outstanding-1.2%262265266--
Minority Interest------
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-23.1%7,80210,1428,9468,8839,221
  Share Based Compensation2.1%238233234234227
Cashflow From Investing-17.5%-1,789-1,523-1,355-1,243-1,161
Cashflow From Financing20.7%-7,070-8,916-8,561-8,690-7,616
  Dividend Payments1.5%3,0162,9722,9512,9282,900
  Buy Backs34.1%7,9005,8934,9605,0874,087

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 ascendingFund NameType% 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%

1–10 of 48

Latest Funds Activity

Are funds buying LMT calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own LMT
No. of Funds

Lockheed Martin News

MarketBeat

State of Alaska Department of Revenue Grows Position in Lockheed ....

MarketBeat,
6 hours ago

InvestorPlace

Zacks Investment Research

Schedule 13G FIlings of Lockheed Martin

Date FiledName of FilerPercent of ClassNo. of SharesForm 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 ValueVery PessimisticPessimisticBase CaseOptimisticVery 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 ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

James D. Taiclet
65535
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

2022-12-31
Consolidated 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, net1,2601,7891,650
Total cost of sales(57,697)(57,983)(56,744)
Gross profit8,2879,0618,654
Other income (expense), net6162(10)
Operating profit8,3489,1238,644
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 taxes6,6807,5508,235
Income tax expense(948)(1,235)(1,347)
Net earnings from continuing operations5,7326,3156,888
Net loss from discontinued operations00(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)00(0.20)
Basic earnings per common share (in dollars per share)21.7422.8524.40
Diluted   
Continuing operations (in dollars per share)21.6622.7624.50
Discontinued operations (in dollars per share)00(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 sales10,51810,60910,470
Cost of sales   
Total cost of sales$ (9,280)$ (9,463)$ (9,371)

LMT Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets  
Cash and cash equivalents$ 2,547$ 3,604
Receivables, net2,5051,963
Contract assets12,31810,579
Inventories3,0882,981
Other current assets533688
Total current assets20,99119,815
Property, plant and equipment, net7,9757,597
Goodwill10,78010,813
Intangible assets, net2,4592,706
Deferred income taxes3,7442,290
Other noncurrent assets6,9317,652
Total assets52,88050,873
Current liabilities  
Accounts payable2,117780
Salaries, benefits and payroll taxes3,0753,108
Contract liabilities8,4888,107
Other current liabilities2,2072,002
Total current liabilities15,88713,997
Long-term debt, net15,42911,670
Accrued pension liabilities5,4728,319
Other noncurrent liabilities6,8265,928
Total liabilities43,61439,914
Stockholders’ equity  
Common stock, $1 par value per share254271
Additional paid-in capital9294
Retained earnings16,94321,600
Accumulated other comprehensive loss(8,023)(11,006)
Total stockholders’ equity9,26610,959
Total liabilities and equity$ 52,880$ 50,873