Inside the research

Lockheed Martin Corporation

LMT Research profile · latest available data

Price overview

$519.56

▼ -4.14 (-0.8%)

52w hi$668.17
52w lo$431.38
Vol1.13M
As of25 Sep 2026

The Verdict

Hold

Our score +0.00

Short+0.07
Medium-0.10
Long+0.08

computed 2026-09-27

Key fundamentals

Lockheed Martin Corporation

Industrials · Aerospace & Defense

Market cap$119.91B
Enterprise value$136.66B
Trailing P/E19.16x
Forward P/E15.86x
EV / EBITDA14.12x
P / S (ttm)1.56x
Profit margin8.2%
Return on equity89.2%
Revenue growth+10.5%
Earnings growth+443.8%
Debt / equity234.24

Layer Breakdown

LayerRawContribution
Fundamental+0.33
Sector-0.07
Technical-0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-09-27

Business overview

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.

United States · www.lockheedmartin.com

Risk Metrics

Beta vs SPX0.16
Corr SPX0.10
Annual vol27.6%
Annual ret-1.0%
Sharpe-0.04
Max DD-33.2%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$637.60
High / Low$756.00 / $511.00
Median$645.00
Analysts20
Strong Buy2
Buy5
Hold14
Sell1
Strong Sell0

Recent rating actions

2026-04-24Susquehanna→ Positive
2026-04-24RBC Capital→ Sector Perform
2026-04-24Morgan Stanley→ Equal-Weight
2026-04-07Jefferies→ Hold
2026-04-02Citigroup→ Neutral
2026-04-01Wells Fargo→ Equal-Weight

Officers & Board

DirectorVincent R. Stewart since 2022
DirectorJohn Donovan since 2021
DirectorPatricia Yarrington since 2021
CEOJames D. Taiclet since 2020
DirectorJoseph F. Dunford, Jr. since 2020
DirectorDebra Reed since 2019
DirectorVicki Hollub since 2018
DirectorJames D. Taiclet since 2018
DirectorJeh C. Johnson since 2018
DirectorIlene S. Gordon since 2016
DirectorBruce A. Carlson since 2015
DirectorDaniel Akerson since 2014
DirectorThomas J. Falk since 2010
DirectorDavid Burritt since 2008
DirectorJames Oren Ellis, Jr. since 2004

Material Events

DateEvent8-K
2026-07-23Earnings Release, Exhibitsread
2026-05-13Shareholder Voteread
2026-04-23Earnings Release, Exhibitsread
2026-01-29Earnings Release, Exhibitsread
2025-12-18Other Material Eventread
2025-12-09Material Agreement, Exhibitsread
2025-10-21Earnings Release, Exhibitsread
2025-08-29Material Agreement, Exhibitsread
2025-07-28Other Material Event, Exhibitsread
2025-07-22Earnings Release, Exhibitsread
2025-05-09Shareholder Voteread
2025-04-22Earnings Release, Exhibitsread

Flow & Concentration

Insider 180d net$0
Insider buys / sells0 / 0
Insider biasNeutral
13F holders10
Top-5 share98.7%
HHI6,930 (concentrated)

Top Holders

HolderValueShares
State Street Corp$16.80B32.98M
Citadel Advisors$979.30M1.92M
Fidelity / FMR LLC$849.66M1.67M
AQR Capital Management$701.49M1.38M
Capital Research / Capital World$671.79M1.32M
Renaissance Technologies$152.08M298.52K
Millennium Management$92.59M181.74K
Bridgewater Associates$19.72M38.72K
Ark Invest$7.54M14.81K
T. Rowe Price Group$154.07K302.43K

As of 2026-06-30

Connections

Subsidiarys: ASTS, HAL.NS, Sikorsky Aircraft

Customers: 002960.SZ

Dividends

Yield (TTM)1.33%
$ / share (TTM)$6.90
5y CAGR+6.4%

Annual dividend per share

2021$10.60
2022$11.40
2023$12.15
2024$12.75
2025$13.35
2026$3.45

Federal Contracts

AmountAgencyDescription
$48.07BDepartment of Energy—
$35.14BDepartment of DefenseLRIP LOT 12 ADVANCE ACQUISITION CONTRACT
$34.17BDepartment of Defense200204!008532!1700!AF600 !NAVAL AIR SYSTEMS COMMAND !N0001902C3002 !A!N!
$30.12BDepartment of DefenseTHE PURPOSE OF THIS MODIFICATION IS TO AWARD F-35A LRIP 15 USAF AIRCRAFT* LONG
$24.50BDepartment of DefenseTHE PURPOSE OF THIS CONTRACT IS TO AWARD LONG LEAD FUNDING FOR F-35A, F-35B, AND
$20.65BDepartment of EnergyMANAGEMENT AND OPERATION OF Y-12 PLANT AND OTHER PROGRAMS
$15.53BNational Aeronautics and Space AdministrationTAS::80 0124::TAS DESIGN, DEVELOPMENT, TEST&EVALUATION OF PROJECT ORION
$12.27BDepartment of DefenseLRIP 11 AAC

SEC Filings

DateFormDoc
2026-08-134view
2026-08-044view
2026-07-238-Kview
2026-07-2310-Qview
2026-07-024view
2026-07-024view
2026-06-2411-Kview
2026-06-2411-Kview
2026-06-2411-Kview
2026-06-2411-Kview
2026-06-154view
2026-06-103view
2026-05-138-Kview
2026-04-2310-Qview
2026-04-238-Kview

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
Revenue$75.05B+3.7%
Gross profit$6.93B+2.5%
Operating income$8.51B+4.1%
Net income$5.02B+3.2%
Cash from ops$8.56B+4.5%

Indices

S&P 500

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$524.12$528.00$516.49$519.561.13M
Sep 24$523.76$531.00$523.32$523.70833.10K
Sep 23$524.57$534.93$523.21$524.681.13M
Sep 22$536.87$537.00$515.60$522.341.43M
Sep 21$532.30$537.82$530.01$535.40965.90K

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