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Lockheed Martin Corporation (LMT)

643.59 +13.84 (+2.20%)
At close: October 29 at 4:00:02 PM EDT
648.47 +4.88 (+0.76%)
Overnight: 1:53:56 AM EDT
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What's happening with LMT?

58m ago
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Lockheed Martin’s latest results showed stronger demand across its defense portfolio, led by missiles, munitions, and the F-35 program. The company raised its 2026 sales and free-cash-flow outlook while reporting a record backlog, but execution, margins, valuation, and defense-budget decisions remain central investor concerns.

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  • Previous Close 629.75
  • Open 639.66
  • Bid --
  • Ask --
  • Day's Range 638.41 - 649.00
  • 52 Week Range 437.25 - 692.00
  • Volume 1,961,960
  • Avg. Volume 1,231,660
  • Market Cap (intraday) 148.672B
  • Beta (5Y Monthly) 0.09
  • PE Ratio (TTM) 22.85
  • EPS (TTM) 28.16
  • Earnings Date Oct 22, 2026
  • Forward Dividend & Yield 14.40 (2.29%)
  • 1y Target Est 652.57
  • Morningstar Rating Rating available with Stock Picks access

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 support for 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 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.

www.lockheedmartin.com

123,000

Full Time Employees

December 31

Fiscal Year Ends

Industrials

Sector

Recent News

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Performance Overview

Trailing total returns as of 10/29/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

LMT
35.47%
S&P 500 (^GSPC)
12.78%

1-Year Return

LMT
36.04%
S&P 500 (^GSPC)
12.04%

3-Year Return

LMT
57.23%
S&P 500 (^GSPC)
87.51%

5-Year Return

LMT
121.38%
S&P 500 (^GSPC)
67.64%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 20.71B
Earnings 1.84B
Profit Margin 8.91%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
5B
10B
15B
20B
7.0%
7.5%
8.0%
8.5%
9.0%

Analyst Insights

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Analyst Price Targets

498.00 Low
652.57 Average
643.59 Current
835.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/26/2026
Analyst JP Morgan
Rating Action Maintains
Rating Neutral
Price Action Raises
Price Target 620 -> 665

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    8.23%

  • Return on Assets (ttm)

    8.58%

  • Return on Equity (ttm)

    80.19%

  • Revenue (ttm)

    79.12B

  • Net Income Avi to Common (ttm)

    6.51B

  • Diluted EPS (ttm)

    28.16

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    5.96B

  • Total Debt/Equity (mrq)

    203.70%

  • Levered Free Cash Flow (ttm)

    5.65B

Company Insights

Research Reports

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