Lockheed Martin Corporation (LMT)

US — Industrials Sector
Peers: GD  NOC  ADP  HON  PH  DE  LHX  BA  TDG  TT 

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Key Metrics & Ratings

  • symbol LMT
  • Rev/Share 325.0628
  • Book/Share 29.1078
  • PB 21.5839
  • Debt/Equity 0.1738
  • CurrentRatio 1.0869
  • ROIC 0.1739

 

  • MktCap 145377969891.0
  • FreeCF/Share 29.9177
  • PFCF 21.0449
  • PE 28.9147
  • Debt/Assets 0.0195
  • DivYield 0.0212
  • ROE 0.8053

 

  • Rating B+
  • Score 3
  • Recommendation Neutral
  • P/E Score 2
  • DCF Score 4
  • P/B Score 1
  • D/E Score 3

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Downgrade LMT DZ Bank Buy Hold -- $665 Feb. 3, 2026
Upgrade LMT Truist Hold Buy -- $605 Jan. 9, 2026
Downgrade LMT JP Morgan Overweight Neutral -- $515 Dec. 19, 2025
Downgrade LMT Morgan Stanley Overweight Equal Weight -- $543 Dec. 16, 2025
Initiation LMT Citigroup -- Neutral -- $505 Dec. 12, 2025
Upgrade LMT Alembic Global Advisors Neutral Overweight -- -- Aug. 28, 2025
Downgrade LMT Truist Buy Hold -- $440 July 23, 2025
Downgrade LMT TD Cowen Buy Hold -- $480 July 10, 2025
Upgrade LMT Robert W. Baird Neutral Outperform -- $540 April 23, 2025
Upgrade LMT Morgan Stanley Equal Weight Overweight -- $575 April 16, 2025

News

A Near-Perfect Buy-And-Hold Dividend Growth Portfolio For Retirement
AMLP, BIP, BIPC, BIZD, CVX, EPD, GDX, GLD, GPIQ, JEPI, JEPQ, LMT, MAIN, O, PFF, QQQ, QQQI, QYLD, SCHD, SLV, SPY, SPYI, UTF, VIG, VNQ
Published: February 04, 2026 by: Seeking Alpha
Sentiment: Positive

Most investors think they must choose between dividend growth and mega-cap tech, but this setup breaks that rule. One overlooked ETF combination quietly solves a major retirement problem. The balance hiding here could change how you think about income investing.

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image for news A Near-Perfect Buy-And-Hold Dividend Growth Portfolio For Retirement
Why Lockheed Martin (LMT) is a Top Value Stock for the Long-Term
LMT
Published: February 03, 2026 by: Zacks Investment Research
Sentiment: Positive

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

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image for news Why Lockheed Martin (LMT) is a Top Value Stock for the Long-Term
Here is What to Know Beyond Why Lockheed Martin Corporation (LMT) is a Trending Stock
LMT
Published: February 02, 2026 by: Zacks Investment Research
Sentiment: Positive

Recently, Zacks.com users have been paying close attention to Lockheed (LMT). This makes it worthwhile to examine what the stock has in store.

Read More
image for news Here is What to Know Beyond Why Lockheed Martin Corporation (LMT) is a Trending Stock
Lockheed's Q4 Earnings Miss Estimates, Sales Increase Year Over Year
LMT
Published: January 29, 2026 by: Zacks Investment Research
Sentiment: Neutral

LMT reports solid Q4 sales growth and a higher backlog, supported by improved performance across its major business segments.

Read More
image for news Lockheed's Q4 Earnings Miss Estimates, Sales Increase Year Over Year
Unit Labor Costs Remain Negative
AAPL, CAT, LMT, MA, V, VLO
Published: January 29, 2026 by: Zacks Investment Research
Sentiment: Neutral

It's a busy morning for data today, with Q4 earnings season continuing to heat up and Thursday Weekly Jobless Claims leading a train of economic data. Pre-market futures are currently in the green: the Dow +50 points, the S&P 500 +20, the Nasdaq +57 and the small-cap Russell 2000 +7 points at this hour.

Read More
image for news Unit Labor Costs Remain Negative
Lockheed Martin Corporation (LMT) Q4 2025 Earnings Call Transcript
LMT
Published: January 29, 2026 by: Seeking Alpha
Sentiment: Neutral

Lockheed Martin Corporation (LMT) Q4 2025 Earnings Call Transcript

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image for news Lockheed Martin Corporation (LMT) Q4 2025 Earnings Call Transcript
Lockheed Martin shares jump as defense buildup outlook overshadows mixed earnings
LMT
Published: January 29, 2026 by: Proactive Investors
Sentiment: Positive

Lockheed Martin Corp (NYSE:LMT) shares jumped more than 5% on Thursday after the US defense contractor posted mixed quarterly results but pointed to a swelling order backlog and a major ramp-up in missile production that investors see as driving growth in the years ahead. The company reported fourth-quarter earnings per share of $5.80, while revenue rose 9.1% from a year earlier to $20.3 billion, helped by record deliveries of its F-35 fighter jet.

Read More
image for news Lockheed Martin shares jump as defense buildup outlook overshadows mixed earnings
Lockheed Martin (LMT) Q4 Earnings Beat Estimates (Revised)
LMT
Published: January 29, 2026 by: Zacks Investment Research
Sentiment: Positive

Lockheed Martin (LMT) came out with quarterly earnings of $7.43 per share, beating the Zacks Consensus Estimate of $6.24 per share. This compares to earnings of $7.67 per share a year ago.

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image for news Lockheed Martin (LMT) Q4 Earnings Beat Estimates (Revised)
Here's What Key Metrics Tell Us About Lockheed (LMT) Q4 Earnings
LMT
Published: January 29, 2026 by: Zacks Investment Research
Sentiment: Positive

Although the revenue and EPS for Lockheed (LMT) give a sense of how its business performed in the quarter ended December 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

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image for news Here's What Key Metrics Tell Us About Lockheed (LMT) Q4 Earnings
Lockheed Martin (LMT) Q4 Earnings Lag Estimates
LMT
Published: January 29, 2026 by: Zacks Investment Research
Sentiment: Negative

Lockheed Martin (LMT) came out with quarterly earnings of $5.8 per share, missing the Zacks Consensus Estimate of $6.24 per share. This compares to earnings of $7.67 per share a year ago.

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image for news Lockheed Martin (LMT) Q4 Earnings Lag Estimates
Lockheed Martin to Quadruple Thaad Missile-Defense Output
LMT
Published: January 29, 2026 by: WSJ
Sentiment: Positive

Lockheed Martin said it will quadruple its Thaad missile-defense system output, to roughly 400 interceptors a year, in response to demand from Pentagon officials gearing up for conflicts on multiple fronts.

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image for news Lockheed Martin to Quadruple Thaad Missile-Defense Output
Should You Buy, Hold or Sell LMT Stock Ahead of Q4 Earnings?
LMT
Published: January 28, 2026 by: Zacks Investment Research
Sentiment: Positive

Lockheed Martin approaches Q4 earnings with solid revenue growth expected, but higher costs and program charges may pressure profits.

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image for news Should You Buy, Hold or Sell LMT Stock Ahead of Q4 Earnings?
Lockheed Martin, PG&E partner to launch 'Emberpoint' to provide advanced wildfire protection
LMT, PCG
Published: January 26, 2026 by: CNBC Television
Sentiment: Positive

James Taiclet, Lockheed CEO, and Patricia Poppe, PG&E CEO, join 'Closing Bell' to discuss the two company's recent partnership, the companies tied to the partnership and much more.

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image for news Lockheed Martin, PG&E partner to launch 'Emberpoint' to provide advanced wildfire protection
Why Lockheed Martin's Stock Run-Up Doesn't Scare Me Going Into Earnings
LMT
Published: January 26, 2026 by: Seeking Alpha
Sentiment: Positive

Lockheed Martin Corporation is set to report its Q4 and full-year 2025 earnings on Thursday, January 29, at 8:30 AM ET. I share what can be expected from the LMT earnings report, also against the backdrop of President Trump's recent proposal to increase the 2027 defense budget to $1.5 trillion. I'll take a close look at LMT's F-35 franchise, explaining why I am not a seller of LMT stock going into earnings.

Read More
image for news Why Lockheed Martin's Stock Run-Up Doesn't Scare Me Going Into Earnings
What Analyst Projections for Key Metrics Reveal About Lockheed (LMT) Q4 Earnings
LMT
Published: January 26, 2026 by: Zacks Investment Research
Sentiment: Neutral

Evaluate the expected performance of Lockheed (LMT) for the quarter ended December 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

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image for news What Analyst Projections for Key Metrics Reveal About Lockheed (LMT) Q4 Earnings
Sell America? What Europe's Huge IPO Says About U.S. Defense Stocks.
GD, LMT, NOC, RTX
Published: January 23, 2026 by: Barrons
Sentiment: Neutral

The CSG IPO continues a trend of strong performance for European defense stocks.

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image for news Sell America? What Europe's Huge IPO Says About U.S. Defense Stocks.
Analysts Estimate Lockheed Martin (LMT) to Report a Decline in Earnings: What to Look Out for
LMT
Published: January 22, 2026 by: Zacks Investment Research
Sentiment: Negative

Lockheed (LMT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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image for news Analysts Estimate Lockheed Martin (LMT) to Report a Decline in Earnings: What to Look Out for
Boeing vs. Lockheed Martin: Which Aerospace-Defense Giant Has the Edge?
BA, LMT
Published: January 22, 2026 by: Zacks Investment Research
Sentiment: Positive

Both BA and LMT are leading US aerospace and defense contractors with significant revenues tied to Pentagon spending and long-term government contracts.

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image for news Boeing vs. Lockheed Martin: Which Aerospace-Defense Giant Has the Edge?
3 Stocks to Buy Ahead of Midterm Elections This Year
LMT, PLTR, XOM
Published: January 16, 2026 by: 24/7 Wall Street
Sentiment: Positive

As we kick off a New Year, investors looking to rebalance their portfolios or put new capital to work in retirement accounts have plenty to consider.

Read More
image for news 3 Stocks to Buy Ahead of Midterm Elections This Year
Hegseth Visits Lockheed Martin to Push Trump's Defense Budget
LMT
Published: January 13, 2026 by: Bloomberg Markets and Finance
Sentiment: Positive

Read More
image for news Hegseth Visits Lockheed Martin to Push Trump's Defense Budget
European Defense Stocks Rally. 3 Particularly Bullish Charts.
GD, LMT, NOC, RTX
Published: January 09, 2026 by: Barrons
Sentiment: Positive

A German contractor, Italian aerospace name, and British defense company.

Read More
image for news European Defense Stocks Rally. 3 Particularly Bullish Charts.
Aerospace, defense stocks surge after Trump's proposed $1.5 trillion military spending budget — but are investors too optimistic?
GD, LMT, NOC, RTX
Published: January 08, 2026 by: Market Watch
Sentiment: Positive

ETFs that target aerospace and defense stocks are beating the S&P 500 so far in 2026.

Read More
image for news Aerospace, defense stocks surge after Trump's proposed $1.5 trillion military spending budget — but are investors too optimistic?
S&P500 and Dow Jones: US Indices Hold Gains as Defense Stocks Surge on Trump Budget
GD, LMT, NOC, RTX
Published: January 08, 2026 by: FXEmpire
Sentiment: Positive

Dow Jones and S&P 500 hold record highs as defense stocks surge 5% on Trump's $1.5T military budget. Energy leads sectors up 2.5% while tech lags today.

Read More
image for news S&P500 and Dow Jones: US Indices Hold Gains as Defense Stocks Surge on Trump Budget
Why defense stocks are climbing
GD, LMT, NOC, RTX
Published: January 08, 2026 by: CNBC Television
Sentiment: Positive

CNBC's Morgan Brennan breaks down the rally in defense stocks.

Read More
image for news Why defense stocks are climbing
Lockheed Martin Leads Defense Stock Rally as Trump Calls For Military Spending Surge
LMT
Published: January 08, 2026 by: Investopedia
Sentiment: Positive

Shares of several defense contractors took flight on Thursday after President Donald Trump said that the federal budget for the military should increase significantly.

Read More
image for news Lockheed Martin Leads Defense Stock Rally as Trump Calls For Military Spending Surge
Defense stocks rise on Trump's proposed military spending boost
LMT
Published: January 08, 2026 by: Proactive Investors
Sentiment: Positive

President Donald Trump's plans to request an increase in the US military budget are giving a fresh boost to defense stocks. Trump has proposed raising the US defense budget to around $1.5 trillion by 2027, up from the current level of approximately $901 billion.

Read More
image for news Defense stocks rise on Trump's proposed military spending boost
As Trump Tightens His Grip, Which Defense Stock Could Rally?
LMT
Published: January 08, 2026 by: Forbes
Sentiment: Negative

Northrop Grumman shares fell 5.5% yesterday following a post on Truth Social by Donald Trump. The drop comes after the President proposed restricting dividends and executive compensation for defense contractors that fail to build new high-tech facilities or accelerate production and maintenance timelines.

Read More
image for news As Trump Tightens His Grip, Which Defense Stock Could Rally?
Lockheed and Northrop shares dive as Trump says he'll ‘not permit' dividends and buybacks in defense sector
LMT, NOC
Published: January 07, 2026 by: Market Watch
Sentiment: Negative

President targets executive pay as he calls for faster production and maintenance of military equipment

Read More
image for news Lockheed and Northrop shares dive as Trump says he'll ‘not permit' dividends and buybacks in defense sector
Trump Won't Let Defense Companies Issue Dividends and Buy Back Stock
GD, LMT, NOC, RTX
Published: January 07, 2026 by: Bloomberg Markets and Finance
Sentiment: Negative

President Donald Trump said he wouldn't allow defense companies to issue dividends or buy back their own stock until they invest more in production and research, comments that triggered a selloff across the sector. Stocks for contractors took a hit during the session on Wednesday.

Read More
image for news Trump Won't Let Defense Companies Issue Dividends and Buy Back Stock
Trump says he will not permit dividends and stock buybacks for defense companies
GD, LMT, NOC, RTX
Published: January 07, 2026 by: CNBC Television
Sentiment: Negative

President Donald Trump on Wednesday said he “will not permit” defense companies to issue dividends or stock buybacks until those firms address his complaints about the industry. Trump, in a lengthy Truth Social post, also took aim at defense contractors' executive pay packages, calling them “exorbitant and unjustifiable given how slowly these Companies are delivering vital Equipment to our Military, and our Allies.

Read More
image for news Trump says he will not permit dividends and stock buybacks for defense companies

About Lockheed Martin Corporation (LMT)

  • IPO Date 1977-01-03
  • Website https://www.lockheedmartin.com
  • Industry Aerospace & Defense
  • CEO James D. Taiclet Jr.
  • Employees 121000

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies. The Missiles and Fire Control segment provides air and missile defense systems; tactical missiles and air-to-ground precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support, and integration services; manned and unmanned ground vehicles; and energy management solutions. The Rotary and Mission Systems segment offers military and commercial helicopters, surface ships, sea and land-based missile defense systems, radar systems, sea and air-based mission and combat systems, command and control mission solutions, cyber solutions, and simulation and training solutions. The Space segment offers satellites; space transportation systems; strategic, advanced strike, and defensive missile 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-based systems to help its customers gather, analyze, and securely distribute critical intelligence data. It serves primarily serves the U.S. government, as well as foreign military sales contracted through the U.S. government. Lockheed Martin Corporation was founded in 1912 and is headquartered in Bethesda, Maryland.