Symbols / LMT
LMT Chart
About
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 military and commercial helicopters, surface ships, sea and land-based missile defense systems, radar and laser systems, sea and air-based mission and combat systems, command and control mission solutions, cyber solutions, simulation and training solutions, and services and supports surface ships. The Space segment provides satellites; space transportation systems; strategic, advanced strike, and defensive 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 global systems to help its customers gather, analyze, and securely distribute critical intelligence data. It serves primarily serves the U.S. government and international customers, as well as foreign military sales contracted through the U.S. government. The company was formerly known as The Lockheed Corporation and changed its name to Lockheed Martin Corporation in March 1995. Lockheed Martin Corporation was founded in 1912 and is based in Bethesda, Maryland.
Fundamentals
Scroll to Statements| Sector | Industrials | Industry | Aerospace & Defense | Market Cap | 147.24B |
| Enterprise Value | 171.52B | Income | 5.02B | Sales | 75.05B |
| Book/sh | 29.35 | Cash/sh | 17.91 | Dividend Yield | 203.00% |
| Payout | 62.12% | Employees | 123000 | IPO | — |
| P/E | 29.65 | Forward P/E | 19.89 | PEG | — |
| P/S | 1.96 | P/B | 21.68 | P/C | — |
| EV/EBITDA | 20.70 | EV/Sales | 2.29 | Quick Ratio | 0.90 |
| Current Ratio | 1.09 | Debt/Eq | 338.80 | LT Debt/Eq | — |
| EPS (ttm) | 21.46 | EPS next Y | 32.00 | EPS Growth | 161.00% |
| Revenue Growth | 9.10% | Earnings | 2026-04-21 | ROA | 7.57% |
| ROE | 76.87% | ROIC | — | Gross Margin | 10.24% |
| Oper. Margin | 9.01% | Profit Margin | 6.69% | Shs Outstand | 230.08M |
| Shs Float | 196.04M | Short Float | 1.31% | Short Ratio | 1.19 |
| Short Interest | — | 52W High | 669.75 | 52W Low | 410.11 |
| Beta | 0.23 | Avg Volume | 1.69M | Volume | 319.84K |
| Target Price | $657.58 | Recom | None | Prev Close | $664.43 |
| Price | $636.32 | Change | -4.23% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$657.58
Mean price target
2. Current target
$636.32
Latest analyst target
3. DCF / Fair value
$413.20
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$636.32
Low
$517.00
High
$740.00
Mean
$657.58
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2026-02-05 | main | Citigroup | Neutral → Neutral | $673 |
| 2026-02-02 | main | UBS | Neutral → Neutral | $663 |
| 2026-02-02 | main | Jefferies | Hold → Hold | $630 |
| 2026-02-02 | main | Goldman Sachs | Sell → Sell | $517 |
| 2026-01-30 | main | TD Cowen | Hold → Hold | $670 |
| 2026-01-30 | main | RBC Capital | Sector Perform → Sector Perform | $650 |
| 2026-01-15 | main | UBS | Neutral → Neutral | $580 |
| 2026-01-13 | main | Citigroup | Neutral → Neutral | $592 |
| 2026-01-12 | main | Jefferies | Hold → Hold | $540 |
| 2026-01-09 | up | Truist Securities | Hold → Buy | $605 |
| 2025-12-19 | down | JP Morgan | Overweight → Neutral | $515 |
| 2025-12-16 | down | Morgan Stanley | Overweight → Equal-Weight | $543 |
| 2025-12-12 | init | Citigroup | — → Neutral | $505 |
| 2025-10-22 | main | UBS | Neutral → Neutral | $513 |
| 2025-10-20 | main | Bernstein | Market Perform → Market Perform | $545 |
| 2025-10-15 | main | Truist Securities | Hold → Hold | $500 |
| 2025-10-15 | main | Morgan Stanley | Overweight → Overweight | $630 |
| 2025-10-09 | main | Susquehanna | Positive → Positive | $590 |
| 2025-10-06 | main | Baird | Outperform → Outperform | $550 |
| 2025-08-21 | main | B of A Securities | Neutral → Neutral | $480 |
News
RSS: Latest LMT news- Why Lockheed Martin Stock Took Off Today - The Motley Fool hu, 19 Feb 2026 18
- LMT vs. KTOS: Which Defense Stock Is Better Positioned for 2026? - The Globe and Mail Wed, 25 Feb 2026 14
- RWA Wealth Partners LLC Has $16.17 Million Stock Position in Lockheed Martin Corporation $LMT - MarketBeat Wed, 25 Feb 2026 12
- Why Lockheed Martin Stock Jumped 50%? - Trefis ue, 24 Feb 2026 07
- CPI Aerostructures stock rises on $9M Lockheed Martin order - Investing.com ue, 24 Feb 2026 15
- Lockheed Martin Corporation (LMT) Is a Trending Stock: Facts to Know Before Betting on It - Yahoo Finance ue, 24 Feb 2026 14
- Lockheed Martin Contracts Highlight Missile Defense Growth And Fair Value Debate - simplywall.st Wed, 25 Feb 2026 00
- Lockheed Martin misses on earnings, but the stock soars on what's to come - qz.com hu, 29 Jan 2026 08
- Citigroup Maintains Neutral Rating on Lockheed Martin Corporation (LMT) - Finviz Sun, 22 Feb 2026 11
- Why Lockheed Martin's Stock Run-Up Doesn't Scare Me Going Into Earnings (NYSE:LMT) - Seeking Alpha Mon, 26 Jan 2026 08
- Tableaux LLC Cuts Holdings in Lockheed Martin Corporation $LMT - MarketBeat Wed, 25 Feb 2026 11
- Lockheed Martin (LMT) Stock Trades Up, Here Is Why - Yahoo Finance hu, 29 Jan 2026 08
- Is Lockheed Martin (LMT) Fairly Priced After Strong 1-Year Share Price Rally - simplywall.st Mon, 23 Feb 2026 19
- Evaluating LMT Stock's Actual Performance - The Motley Fool Sun, 07 Dec 2025 08
- Lockheed Martin (NYSE:LMT) Stock Price Up 2.5% - What's Next? - MarketBeat hu, 19 Feb 2026 23
Insider Transactions
| Date | Shares | Url | Text | Insider | Position | Transaction | Start Date | Ownership | Value |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 819 | — | — | TAICLET JAMES D JR | Chief Executive Officer | — | 2025-12-05 00:00:00 | D | nan |
| 1 | 121 | — | — | HILL STEPHANIE C | Officer | — | 2025-12-05 00:00:00 | D | nan |
| 2 | 170 | — | — | ST JOHN FRANK A | Chief Operating Officer | — | 2025-12-05 00:00:00 | D | nan |
| 3 | 104 | — | — | ULMER GREGORY M | Officer | — | 2025-12-05 00:00:00 | D | nan |
| 4 | 338 | — | Stock Gift at price 0.00 per share. | CAHILL TIMOTHY S | Officer | — | 2025-12-05 00:00:00 | D | — |
| 5 | 104 | — | — | CAHILL TIMOTHY S | Officer | — | 2025-12-05 00:00:00 | D | nan |
| 6 | 446 | — | — | RICCIARDONE MARIA A. | Officer and Treasurer | — | 2025-10-24 00:00:00 | D | nan |
| 7 | 7792 | — | Sale at price 490.58 - 492.42 per share. | ST JOHN FRANK A | Chief Operating Officer | — | 2025-10-23 00:00:00 | D | 3826166.0 |
| 8 | 4791 | — | Sale at price 442.51 per share. | HILL STEPHANIE C | Officer | — | 2025-02-26 00:00:00 | D | 2120042.0 |
| 9 | 3213 | — | Sale at price 442.42 per share. | LIGHTFOOT ROBERT M JR | Officer | — | 2025-02-26 00:00:00 | D | 1421506.0 |
Financials
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 0.00 | 0.00 | 0.00 | 0.00 |
| TaxRateForCalcs | 0.15 | 0.14 | 0.14 | 0.14 |
| NormalizedEBITDA | 8.73B | 8.81B | 10.44B | 8.71B |
| NetIncomeFromContinuingOperationNetMinorityInterest | 5.02B | 5.34B | 6.92B | 5.73B |
| ReconciledDepreciation | 1.69B | 1.56B | 1.43B | 1.40B |
| ReconciledCostOfRevenue | 67.43B | 64.11B | 59.09B | 57.70B |
| EBITDA | 8.73B | 8.81B | 10.44B | 8.71B |
| EBIT | 7.04B | 7.26B | 9.01B | 7.30B |
| NetInterestIncome | -1.12B | -1.04B | -916.00M | -623.00M |
| InterestExpense | 1.12B | 1.04B | 916.00M | 623.00M |
| NormalizedIncome | 5.02B | 5.34B | 6.92B | 5.73B |
| NetIncomeFromContinuingAndDiscontinuedOperation | 5.02B | 5.34B | 6.92B | 5.73B |
| TotalExpenses | 67.32B | 64.03B | 59.06B | 57.64B |
| TotalOperatingIncomeAsReported | 7.73B | 7.01B | 8.51B | 8.35B |
| DilutedAverageShares | 233.50M | 239.20M | 251.20M | 264.60M |
| BasicAverageShares | 232.70M | 238.30M | 250.30M | 263.70M |
| DilutedEPS | 21.49 | 22.31 | 27.55 | 21.66 |
| BasicEPS | 21.56 | 22.39 | 27.65 | 21.74 |
| DilutedNIAvailtoComStockholders | 5.02B | 5.34B | 6.92B | 5.73B |
| NetIncomeCommonStockholders | 5.02B | 5.34B | 6.92B | 5.73B |
| NetIncome | 5.02B | 5.34B | 6.92B | 5.73B |
| NetIncomeIncludingNoncontrollingInterests | 5.02B | 5.34B | 6.92B | 5.73B |
| NetIncomeDiscontinuousOperations | 0.00 | 0.00 | ||
| NetIncomeContinuousOperations | 5.02B | 5.34B | 6.92B | 5.73B |
| TaxProvision | 905.00M | 884.00M | 1.18B | 948.00M |
| PretaxIncome | 5.92B | 6.22B | 8.10B | 6.68B |
| OtherIncomeExpense | -691.00M | 243.00M | 507.00M | -1.04B |
| OtherNonOperatingIncomeExpenses | -691.00M | 243.00M | 507.00M | -1.04B |
| NetNonOperatingInterestIncomeExpense | -1.12B | -1.04B | -916.00M | -623.00M |
| InterestExpenseNonOperating | 1.12B | 1.04B | 916.00M | 623.00M |
| OperatingIncome | 7.73B | 7.01B | 8.51B | 8.35B |
| OperatingExpense | -112.00M | -83.00M | -28.00M | -61.00M |
| OtherOperatingExpenses | -112.00M | -83.00M | -28.00M | -61.00M |
| GrossProfit | 7.62B | 6.93B | 8.48B | 8.29B |
| CostOfRevenue | 67.43B | 64.11B | 59.09B | 57.70B |
| TotalRevenue | 75.05B | 71.04B | 67.57B | 65.98B |
| OperatingRevenue | 75.05B | 71.04B | 67.57B | 65.98B |
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | |
|---|---|---|---|---|
| TreasurySharesNumber | 1.00M | 1.00M | 2.00M | |
| OrdinarySharesNumber | 229.00M | 234.00M | 240.00M | 254.00M |
| ShareIssued | 230.00M | 235.00M | 242.00M | 254.00M |
| NetDebt | 17.58B | 17.79B | 16.02B | 13.00B |
| TotalDebt | 21.70B | 20.27B | 17.46B | 15.55B |
| TangibleBookValue | -8.90B | -8.62B | -6.18B | -3.97B |
| InvestedCapital | 28.42B | 26.60B | 24.29B | 24.81B |
| WorkingCapital | 2.03B | 2.43B | 3.58B | 5.10B |
| NetTangibleAssets | -8.90B | -8.62B | -6.18B | -3.97B |
| CommonStockEquity | 6.72B | 6.33B | 6.83B | 9.27B |
| TotalCapitalization | 27.25B | 25.96B | 24.13B | 24.70B |
| TotalEquityGrossMinorityInterest | 6.72B | 6.33B | 6.83B | 9.27B |
| MinorityInterest | 0.00 | |||
| StockholdersEquity | 6.72B | 6.33B | 6.83B | 9.27B |
| GainsLossesNotAffectingRetainedEarnings | -7.54B | -8.45B | -8.80B | -8.02B |
| OtherEquityAdjustments | -7.54B | -8.45B | -8.80B | -8.02B |
| RetainedEarnings | 14.03B | 14.55B | 15.40B | 16.94B |
| AdditionalPaidInCapital | 0.00 | 0.00 | 0.00 | 92.00M |
| CapitalStock | 229.00M | 234.00M | 240.00M | 254.00M |
| CommonStock | 229.00M | 234.00M | 240.00M | 254.00M |
| TotalLiabilitiesNetMinorityInterest | 53.12B | 49.28B | 45.62B | 43.61B |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 29.78B | 29.86B | 28.68B | 27.73B |
| OtherNonCurrentLiabilities | 5.34B | 5.45B | 5.23B | 6.83B |
| EmployeeBenefits | 3.92B | 4.79B | 6.16B | 5.47B |
| NonCurrentPensionAndOtherPostretirementBenefitPlans | 3.92B | 4.79B | 6.16B | 5.47B |
| LongTermDebtAndCapitalLeaseObligation | 20.53B | 19.63B | 17.29B | 15.43B |
| LongTermDebt | 20.53B | 19.63B | 17.29B | 15.43B |
| CurrentLiabilities | 23.34B | 19.42B | 16.94B | 15.89B |
| OtherCurrentLiabilities | 3.91B | 3.63B | 2.13B | 2.09B |
| CurrentDeferredLiabilities | 11.44B | 9.79B | 9.19B | 8.49B |
| CurrentDeferredRevenue | 11.44B | 9.79B | 9.19B | 8.49B |
| CurrentDebtAndCapitalLeaseObligation | 1.17B | 643.00M | 168.00M | 118.00M |
| CurrentDebt | 1.17B | 643.00M | 168.00M | 118.00M |
| OtherCurrentBorrowings | 1.17B | 643.00M | 168.00M | 118.00M |
| PayablesAndAccruedExpenses | 6.81B | 5.35B | 5.45B | 5.19B |
| CurrentAccruedExpenses | 3.18B | 3.12B | 3.13B | 3.08B |
| Payables | 3.63B | 2.22B | 2.31B | 2.12B |
| TotalTaxPayable | 3.11B | |||
| AccountsPayable | 3.63B | 2.22B | 2.31B | 2.12B |
| TotalAssets | 59.84B | 55.62B | 52.46B | 52.88B |
| TotalNonCurrentAssets | 34.48B | 33.77B | 31.93B | 31.89B |
| OtherNonCurrentAssets | 7.01B | 6.54B | 7.60B | 6.93B |
| NonCurrentDeferredAssets | 2.98B | 3.56B | 2.95B | 3.74B |
| NonCurrentDeferredTaxesAssets | 2.98B | 3.56B | 2.95B | 3.74B |
| GoodwillAndOtherIntangibleAssets | 15.62B | 14.95B | 13.01B | 13.24B |
| OtherIntangibleAssets | 4.30B | 3.88B | 2.21B | 2.46B |
| Goodwill | 11.31B | 11.07B | 10.80B | 10.78B |
| NetPPE | 8.88B | 8.73B | 8.37B | 7.97B |
| AccumulatedDepreciation | -14.23B | -13.49B | -12.81B | -12.16B |
| GrossPPE | 23.10B | 22.22B | 21.18B | 20.14B |
| ConstructionInProgress | 1.81B | 2.05B | 2.08B | 2.04B |
| MachineryFurnitureEquipment | 10.94B | 10.40B | 9.91B | 9.40B |
| BuildingsAndImprovements | 10.21B | 9.62B | 9.05B | 8.55B |
| LandAndImprovements | 147.00M | 143.00M | 144.00M | 147.00M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| CurrentAssets | 25.36B | 21.85B | 20.52B | 20.99B |
| OtherCurrentAssets | 815.00M | 584.00M | 632.00M | 533.00M |
| Inventory | 3.52B | 3.47B | 3.13B | 3.09B |
| FinishedGoods | 198.00M | 196.00M | 188.00M | 192.00M |
| WorkInProcess | 2.67B | 2.62B | 2.34B | 2.30B |
| RawMaterials | 659.00M | 661.00M | 606.00M | 599.00M |
| Receivables | 16.90B | 15.31B | 15.31B | 14.82B |
| OtherReceivables | 13.00B | 12.96B | 13.18B | 12.32B |
| AccountsReceivable | 3.90B | 2.35B | 2.13B | 2.50B |
| CashCashEquivalentsAndShortTermInvestments | 4.12B | 2.48B | 1.44B | 2.55B |
| CashAndCashEquivalents | 4.12B | 2.48B | 1.44B | 2.55B |
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| FreeCashFlow | 6.91B | 5.29B | 6.23B | 6.13B |
| RepurchaseOfCapitalStock | -3.00B | -3.70B | -6.00B | -7.90B |
| RepaymentOfDebt | -642.00M | -168.00M | -115.00M | -2.25B |
| IssuanceOfDebt | 1.99B | 2.97B | 1.98B | 6.21B |
| CapitalExpenditure | -1.65B | -1.69B | -1.69B | -1.67B |
| EndCashPosition | 4.12B | 2.48B | 1.44B | 2.55B |
| BeginningCashPosition | 2.48B | 1.44B | 2.55B | 3.60B |
| ChangesInCash | 1.64B | 1.04B | -1.10B | -1.06B |
| FinancingCashFlow | -4.94B | -4.14B | -7.33B | -7.07B |
| CashFlowFromContinuingFinancingActivities | -4.94B | -4.14B | -7.33B | -7.07B |
| NetOtherFinancingCharges | -154.00M | -182.00M | -135.00M | -115.00M |
| CashDividendsPaid | -3.13B | -3.06B | -3.06B | -3.02B |
| NetCommonStockIssuance | -3.00B | -3.70B | -6.00B | -7.90B |
| CommonStockPayments | -3.00B | -3.70B | -6.00B | -7.90B |
| NetIssuancePaymentsOfDebt | 1.34B | 2.80B | 1.86B | 3.96B |
| NetShortTermDebtIssuance | 0.00 | |||
| ShortTermDebtPayments | 0.00 | |||
| NetLongTermDebtIssuance | 1.34B | 2.80B | 1.86B | 3.96B |
| LongTermDebtPayments | -642.00M | -168.00M | -115.00M | -2.25B |
| LongTermDebtIssuance | 1.99B | 2.97B | 1.98B | 6.21B |
| InvestingCashFlow | -1.98B | -1.79B | -1.69B | -1.79B |
| CashFlowFromContinuingInvestingActivities | -1.98B | -1.79B | -1.69B | -1.79B |
| NetOtherInvestingChanges | -328.00M | -107.00M | -3.00M | -119.00M |
| NetBusinessPurchaseAndSale | 0.00 | |||
| PurchaseOfBusiness | 0.00 | |||
| CapitalExpenditureReported | -1.65B | -1.69B | -1.69B | -1.67B |
| OperatingCashFlow | 8.56B | 6.97B | 7.92B | 7.80B |
| CashFlowFromContinuingOperatingActivities | 8.56B | 6.97B | 7.92B | 7.80B |
| ChangeInWorkingCapital | 186.00M | -163.00M | 184.00M | -585.00M |
| ChangeInOtherWorkingCapital | 1.22B | 605.00M | 702.00M | 381.00M |
| ChangeInPayablesAndAccruedExpense | 1.09B | 38.00M | 18.00M | 1.42B |
| ChangeInPayable | 1.09B | 38.00M | 18.00M | 1.42B |
| ChangeInAccountPayable | 1.34B | -93.00M | 151.00M | 1.27B |
| ChangeInTaxPayable | -255.00M | 131.00M | -133.00M | 148.00M |
| ChangeInIncomeTaxPayable | -255.00M | 131.00M | -133.00M | 148.00M |
| ChangeInInventory | -286.00M | -478.00M | -44.00M | -107.00M |
| ChangeInReceivables | -1.83B | -328.00M | -492.00M | -2.28B |
| ChangesInAccountReceivables | -1.55B | -219.00M | 373.00M | -542.00M |
| OtherNonCashItems | 446.00M | 464.00M | -473.00M | 200.00M |
| StockBasedCompensation | 304.00M | 277.00M | 265.00M | 238.00M |
| AssetImpairmentCharge | 66.00M | 87.00M | 92.00M | 100.00M |
| DeferredTax | 372.00M | -588.00M | -498.00M | -757.00M |
| DeferredIncomeTax | 372.00M | -588.00M | -498.00M | -757.00M |
| DepreciationAmortizationDepletion | 1.69B | 1.56B | 1.43B | 1.40B |
| DepreciationAndAmortization | 1.69B | 1.56B | 1.43B | 1.40B |
| AmortizationCashFlow | 593.00M | 510.00M | 501.00M | 460.00M |
| AmortizationOfIntangibles | 593.00M | 510.00M | 501.00M | 460.00M |
| Depreciation | 967.00M | 920.00M | 903.00M | 904.00M |
| OperatingGainsLosses | 479.00M | 92.00M | 1.47B | 1.70B |
| PensionAndEmployeeBenefitExpense | 479.00M | 0.00 | 0.00 | 1.47B |
| GainLossOnSaleOfPPE | 0.00 | |||
| NetIncomeFromContinuingOperations | 5.02B | 5.34B | 6.92B | 5.73B |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for LMT
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|