LMT

Lockheed Martin Corporation (LMT)

Last Price$468.9(2.1%)
Market Cap$111.0B

LMT Rating

LMT Intrinsic Value

Key Highlights:
As of Mar 11, 2025 LMT Relative Value is $748.2, which is undervalued by 59.6%, compared to current share price of $468.9.
As of Mar 11, 2025 LMT DCF Value is $655.2, which is undervalued by 39.7%, compared to current share price of $468.9.
Methodology
Price per share, $
Current share price
468.9

LMT Share Price History

1W 4.5%
1M 5.1%
6M (16.2%)
YTD 6.3%
1Y 10.7%
3Y 15.6%
5Y 50.3%
10Y 210.8%
Share Price
Intrinsic Value
Drawdown
Total Return
vs SP500
vs NASDAQ
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LMT Stock Metrics

Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
Base
$111.0B
Shares Outstanding
237M
Employees
121K
Valuation (LTM)
Return on Capital
78.9%
9.6%
16.2%
16.7%
Earnings
Jul 21, 2025
MISS by (1.3%)
BEAT by 13.6%
10 Beat & null Miss

LMT Stock Financials

LMT Income Statement Metrics

Annual
Quarterly
LTM

Revenue

$71.0B +5.1% YoY

Operating Income

$7.0B -17.6% YoY

Net Income

$5.3B -22.9% YoY

LMT Cash Flow Statement Metrics

Annual
Quarterly
LTM

Operating Cash Flow (OCF)

$6,972.0M -12.0% YoY

Capital Expenditure (CAPEX)

($1,685.0M) -0.4% YoY

Free Cash Flow (FCF)

$5,287.0M -15.1% YoY

LMT Income Statement Overview

Annual
Quarterly
LTM
Dec'15
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
Dec'24
$71.0B 5.1% YoY
$6,930.0M (18.3%) YoY
9.8% margin
Cost of revenue
$64.1B 8.5% YoY
Operating income
$7,013.0M (17.6%) YoY
9.9% margin
Other: $243.0M
Net interest: $1,036.0M
Operating expenses
$83.0M 196.4% YoY
Pre-tax income
$6,220.0M (23.2%) YoY
8.8% margin
Net income
$5,336.0M (22.9%) YoY
7.5% margin
Income tax
$884.0M
14.2% tax rate
SG&A
$83.0M (94.6%) YoY
(0.1%) of revenue

LMT Balance Sheet Overview

Annual
Quarterly
LTM
Dec'15
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
Dec'24
Assets
Liabilities
Total assets
$55.6B
Current assets ($21.8B, 39.3% of total)
$2,483.0M (4.5%)
$15.3B (27.5%)
Other current assets
$4,058.0M (7.3%)
Non-current assets ($33.8B, 60.7% of total)
$2,015.0M (3.6%)
Other non-current assets
$23.0B (41.4%)
Financial position
$17.8B
$2,483.0M$20.3B
Cash & Short-term Investments
Total Debt

LMT Stock Ratios

LMT Earnings Surprises

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LMT Dividends

LMT Dividend Yield

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LMT Dividend Per Share

Competing with LMT

Overview
Ratings
Intrinsic Value
Valuation
Growth
Profitability
Health
Capital allocation
Momentum
Earnings
Dividends
Company name
Market Cap
Quality rating
Intrinsic value
1Y Return
Revenue
Free Cash Flow
Revenue growth
FCF margin
Gross margin
ROIC
Total Debt to Equity
$111.0B
5.4
$697.1
48.7% undervalued
10.7%
$71.0B
$5,287.0M
5.1%
7.4%
9.9%
16.2%
320.1%
$209.1B
5.9
$87.2
54.5% overvalued
45.6%
$45.8B
$3,678.0M
(23.7%)
8.0%
34.1%
8.2%
98.5%
$171.3B
5.6
$115.6
9.8% overvalued
43.2%
$80.7B
$4,087.0M
17.1%
5.1%
19.1%
4.5%
65.4%
$106.6B
5.7
$186.5
21.1% undervalued
(20.0%)
$66.5B
($14.3B)
(14.5%)
(21.5%)
(3.0%)
(9.6%)
(1,376.2%)
$77.3B
7.3
$681.1
48.4% overvalued
21.0%
$8,155.0M
$1,990.0M
16.9%
24.4%
58.7%
17.8%
(400.7%)
$73.6B
5.4
$404.8
53.3% undervalued
(1.4%)
$47.7B
$3,196.0M
12.9%
6.7%
15.4%
8.6%
46.9%
$71.5B
5.8
$704.9
42.7% undervalued
9.4%
$41.0B
$2,621.0M
4.4%
6.4%
20.4%
10.2%
11.8%
$40.6B
7.0
$68.5
87.0% overvalued
69.4%
$2,084.3M
$329.5M
33.3%
15.8%
59.5%
2.7%
31.0%
$40.4B
5.7
$309.8
45.9% undervalued
1.0%
$21.3B
$2,151.0M
9.8%
10.1%
24.1%
5.7%
5.9%
$35.3B
6.8
$80.5
68.2% overvalued
38.2%
$3,991.5M
$701.5M
23.1%
17.6%
39.8%
11.1%
55.6%
$15.6B
5.5
$159.7
54.7% overvalued
72.2%
$6,572.4M
$198.4M
12.2%
3.0%
23.9%
5.3%
52.0%

FAQ

What is Lockheed Martin Corporation (LMT) stock rating?

As of today, Lockheed Martin Corporation has a stock rating of 5 (out of 10), which is considered Good.

is Lockheed Martin Corporation (LMT) a good stock to buy?

As of today, Lockheed Martin Corporation has a Good stock rating, which is 48.7% undervalued. According to Value Sense backtesting, stocks with similar profile tend to outperform the market by 3.2%.