Lockheed Martin Corporation logo

Lockheed Martin Corporation

LMT

NYSEIndustrialsAerospace & Defense

Previous close

$563.57

−$7.91 · -1.38%

Aug 21, 4:01 PM ET

LMT company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

88

Deep Value

Momentum

41

Neutral

Sentiment

53

Mixed

Risk resilience

71

Moderate Risk

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Company profile

Company website

Lockheed Martin Corporation stands as a prominent global security and aerospace enterprise, specializing in the comprehensive lifecycle of advanced technological systems. Its expertise spans the research, design, development, manufacturing, integration, and ongoing sustainment of cutting-edge products and services across the world. The company's diverse operations are structured into four key segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The Aeronautics division is responsible for creating and producing leading-edge combat and air mobility aircraft, alongside unmanned aerial vehicles and their related innovations. The Missiles and Fire Control segment delivers sophisticated air and missile defense systems; tactical and precision air-to-ground weapon systems; comprehensive logistics; advanced fire control; mission operations, readiness, engineering support, and integration services; both crewed and uncrewed ground vehicles; and energy management solutions. Within the Rotary and Mission Systems segment, the portfolio includes military and commercial helicopters, naval surface ships, land and sea-based missile defense systems, advanced radar technologies, maritime and airborne mission and combat systems, intricate command and control solutions, cybersecurity services, and simulation and training platforms. The Space division focuses on satellites, space transportation systems, strategic, advanced strike, and defensive missile systems, as well as classified systems and services vital for national security. This segment further enhances situational awareness through network enablement, integrating space and ground-based systems to empower customers in gathering, analyzing, and securely distributing crucial intelligence data. Lockheed Martin primarily serves the United States government, alongside fulfilling foreign military sales facilitated through U.S. government contracts. Established in 1912, the corporation maintains its headquarters in Bethesda, Maryland.

Industry
Aerospace & Defense
Sector
Industrials
Headquarters
US
CEO
James D. Taiclet Jr.
Listed since
Jan 3, 1977
Employees
123,000

Market position

Day range

Current $563.57

52-week range

Current $563.57

Open
$571.66
Previous close
$571.48
Volume
785.08K
0.59× average
Average volume
1.33M
Average daily volume
Market cap
130.07B USD
Beta
0.11
Market reference 1
50-day average
$548.55
+2.74% above average
200-day average
$552.52
+2.00% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
20.68×
P/B (TTM)
14.8×
P/S (TTM)
1.69×
Dividend yield
2.42%

Profitability & efficiency

Gross margin
11.80%
Operating margin
11.88%
Net margin
8.16%

Financial health

Debt / equity
2.34×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends14%12%9%6%Gross margin, FY2021: 13.52%Gross margin, FY2022: 12.56%Gross margin, FY2023: 12.55%Gross margin, FY2024: 9.75%Gross margin, FY2025: 10.15%Operating margin, FY2021: 13.61%Operating margin, FY2022: 12.65%Operating margin, FY2023: 12.59%Operating margin, FY2024: 9.87%Operating margin, FY2025: 10.30%Net margin, FY2021: 9.42%Net margin, FY2022: 8.69%Net margin, FY2023: 10.24%Net margin, FY2024: 7.51%Net margin, FY2025: 6.68%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 13.52%. Gross margin FY2022 12.56%. Gross margin FY2023 12.55%. Gross margin FY2024 9.75%. Gross margin FY2025 10.15%. Operating margin FY2021 13.61%. Operating margin FY2022 12.65%. Operating margin FY2023 12.59%. Operating margin FY2024 9.87%. Operating margin FY2025 10.30%. Net margin FY2021 9.42%. Net margin FY2022 8.69%. Net margin FY2023 10.24%. Net margin FY2024 7.51%. Net margin FY2025 6.68%.

Income trends

Revenue

75.06B USD+5.65%

Operating income

7.73B USD+10.24%

Net income

5.02B USD-5.98%
Income trends across reported periods82.06B USD54.05B USD26.03B USD−1.99B USDRevenue, FY2021: 67.04B USDRevenue, FY2022: 65.98B USDRevenue, FY2023: 67.57B USDRevenue, FY2024: 71.04B USDRevenue, FY2025: 75.06B USDOperating income, FY2021: 9.12B USDOperating income, FY2022: 8.35B USDOperating income, FY2023: 8.51B USDOperating income, FY2024: 7.01B USDOperating income, FY2025: 7.73B USDNet income, FY2021: 6.32B USDNet income, FY2022: 5.73B USDNet income, FY2023: 6.92B USDNet income, FY2024: 5.34B USDNet income, FY2025: 5.02B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 67.04B USD. Revenue FY2022 65.98B USD. Revenue FY2023 67.57B USD. Revenue FY2024 71.04B USD. Revenue FY2025 75.06B USD. Operating income FY2021 9.12B USD. Operating income FY2022 8.35B USD. Operating income FY2023 8.51B USD. Operating income FY2024 7.01B USD. Operating income FY2025 7.73B USD. Net income FY2021 6.32B USD. Net income FY2022 5.73B USD. Net income FY2023 6.92B USD. Net income FY2024 5.34B USD. Net income FY2025 5.02B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue75.06B USD71.04B USD67.57B USD65.98B USD67.04B USD
Cost of goods sold67.43B USD64.11B USD59.09B USD57.7B USD57.98B USD
Gross profit7.62B USD6.93B USD8.48B USD8.29B USD9.06B USD
Research and development2B USD1.6B USD1.5B USD1.7B USD1.5B USD
Selling, general, and administrative50M USD137M USD499M USD865M USD1.24B USD
Operating expenses−112M USD−83M USD−28M USD−61M USD−62M USD
Interest expense1.12B USD1.04B USD916M USD623M USD569M USD
Depreciation and amortization714M USD1.56B USD1.43B USD1.4B USD1.36B USD
Operating income7.73B USD7.01B USD8.51B USD8.35B USD9.12B USD
Net income5.02B USD5.34B USD6.92B USD5.73B USD6.32B USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$631.57

12.07% upside
Past 12 months12-month forecastHigh $700Average $631.57Low $575

LMT news

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