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 316.2958
  • Book/Share 26.6537
  • PB 16.4776
  • Debt/Equity 3.5899
  • CurrentRatio 1.1289
  • ROIC 0.1338

 

  • MktCap 102781363331.0
  • FreeCF/Share 19.806
  • PFCF 22.3778
  • PE 24.2496
  • Debt/Assets 0.3681
  • DivYield 0.0304
  • ROE 0.6848

 

  • Rating B+
  • Score 3
  • Recommendation Neutral
  • P/E Score 2
  • DCF Score 5
  • P/B Score 1
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
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
Downgrade LMT RBC Capital Mkts Outperform Sector Perform $550 $480 March 27, 2025
Downgrade LMT BofA Securities Buy Neutral $685 $485 March 24, 2025
Downgrade LMT Melius Buy Hold -- -- March 24, 2025
Initiation LMT Truist -- Buy -- $579 Jan. 14, 2025
Downgrade LMT Deutsche Bank Buy Hold $611 $523 Jan. 2, 2025

News

US approves potential $455 million sale of F-16 sustainment to Bahrain
GE, LMT
Published: December 01, 2025 by: Reuters
Sentiment: Positive

The U.S. State Department has approved the potential sale of sustainment for F-16 jets and related equipment to Bahrain for an estimated cost of $455 million, the Pentagon said on Monday.

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image for news US approves potential $455 million sale of F-16 sustainment to Bahrain
American Century Value Fund Q3 2025 Contributors/Detractors And Notable Trades
BWA, CNC, CRM, JNJ, KVUE, LMT, NVT, TER, UPS
Published: December 01, 2025 by: Seeking Alpha
Sentiment: Positive

Shares of Teradyne advanced sharply as investors cheered the company's robust earnings and outlook for Teradyne's artificial intelligence compute testing business. We initiated a position in this customer relationship management software company because it enjoys a dominant market share and a wide competitive moat. We exited our position in nVent. It rallied on the prospect of increasing data center demand, pushing the stock above what we viewed as its fair value.

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image for news American Century Value Fund Q3 2025 Contributors/Detractors And Notable Trades
Lockheed Martin Corporation (LMT) is Attracting Investor Attention: Here is What You Should Know
LMT
Published: December 01, 2025 by: Zacks Investment Research
Sentiment: Positive

Lockheed (LMT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Read More
image for news Lockheed Martin Corporation (LMT) is Attracting Investor Attention: Here is What You Should Know
Ex-Dividend Reminder: ITT, Lockheed Martin And Northrop Grumman
ITT, LMT, NOC
Published: November 28, 2025 by: Forbes
Sentiment: Neutral

On 12/1/25, ITT, Lockheed Martin, and Northrop Grumman will all trade ex-dividend for their respective upcoming dividends. ITT will pay its quarterly dividend of $0.351 on 12/31/25, Lockheed Martin will pay its quarterly dividend of $3.45 on 12/30/25, and Northrop Grumman will pay its quarterly dividend of $2.31 on 12/17/25.

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image for news Ex-Dividend Reminder: ITT, Lockheed Martin And Northrop Grumman
Which Defense Giant Shows Stronger Momentum Today - LMT or RTX?
LMT, RTX
Published: November 26, 2025 by: Zacks Investment Research
Sentiment: Positive

Lockheed Martin and RTX show contrasting momentum as fresh contracts, earnings shifts and rising defense demand highlight differing strengths.

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image for news Which Defense Giant Shows Stronger Momentum Today - LMT or RTX?
Lockheed Martin CFO to Speak at the Goldman Sachs Industrials and Materials 2025 Conference
LMT
Published: November 26, 2025 by: PRNewsWire
Sentiment: Neutral

BETHESDA, Md. , Nov. 26, 2025 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) Chief Financial Officer Evan Scott will participate in a fireside chat at the Goldman Sachs Industrials and Materials 2025 Conference on Wednesday, Dec. 3, from 1:30 to 2:05 p.m.

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image for news Lockheed Martin CFO to Speak at the Goldman Sachs Industrials and Materials 2025 Conference
Lockheed Martin: A 3% Dividend, A Rising Backlog, And Attractive Entry Point (Rating Upgrade)
LMT
Published: November 24, 2025 by: Seeking Alpha
Sentiment: Positive

Lockheed Martin recovered well from the weak Q2, with execution returning to normal levels and full-year guidance raised. Geopolitical news, especially the Saudi F-35 discussions and new international deals, adds meaningful short-term catalysts. Q3 results showed solid cash flow and margins, with a healthy 1.7x book-to-bill ratio, supporting revenue into 2026.

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image for news Lockheed Martin: A 3% Dividend, A Rising Backlog, And Attractive Entry Point (Rating Upgrade)
Why Is Lockheed (LMT) Down 3.5% Since Last Earnings Report?
LMT
Published: November 20, 2025 by: Zacks Investment Research
Sentiment: Negative

Lockheed (LMT) reported earnings 30 days ago. What's next for the stock?

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image for news Why Is Lockheed (LMT) Down 3.5% Since Last Earnings Report?
Lockheed Martin Uses 5th Gen Fighter to Command Drone in Flight
LMT
Published: November 19, 2025 by: PRNewsWire
Sentiment: Neutral

NELLIS AIR FORCE BASE, Nev., Nov. 19, 2025 /PRNewswire/ -- Lockheed Martin Skunk Works® (NYSE: LMT), with industry partners and the U.S. Air Force, controlled an uncrewed aerial system (UAS) from the cockpit of a 5th Gen fighter while in flight.

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image for news Lockheed Martin Uses 5th Gen Fighter to Command Drone in Flight
Trump Signs F-35 Deal With Saudis: Defense ETFs to Gain, Beyond Lockheed
LMT
Published: November 19, 2025 by: Zacks Investment Research
Sentiment: Positive

Trump's F-35 deal with Saudi Arabia spotlights LMT's gains, but broader defense ETFs like SHLD can capture rising sector-wide demand better.

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image for news Trump Signs F-35 Deal With Saudis: Defense ETFs to Gain, Beyond Lockheed
Final Trades: Netflix, Nvidia, Lockheed Martin and Freeport-McMoRan
FCX, LMT, NFLX, NVDA
Published: November 18, 2025 by: CNBC Television
Sentiment: Neutral

The Investment Committee give you their top stocks to watch for the second half. Jenny Harrington also highlights her sale of WPP.

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image for news Final Trades: Netflix, Nvidia, Lockheed Martin and Freeport-McMoRan
Is LMT Expanding Helicopter Capabilities With Autonomous Upgrades?
LMT
Published: November 18, 2025 by: Zacks Investment Research
Sentiment: Positive

Lockheed Martin expands Black Hawk capabilities with MATRIX autonomy and the new U-Hawk to advance multi-mission rotorcraft operations.

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image for news Is LMT Expanding Helicopter Capabilities With Autonomous Upgrades?
Lockheed Martin Corporation (LMT) Is a Trending Stock: Facts to Know Before Betting on It
LMT
Published: November 18, 2025 by: Zacks Investment Research
Sentiment: Positive

Lockheed (LMT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Read More
image for news Lockheed Martin Corporation (LMT) Is a Trending Stock: Facts to Know Before Betting on It
Lockheed Martin CEO Jim Taiclet goes one-on-one with Jim Cramer
LMT
Published: November 12, 2025 by: CNBC Television
Sentiment: Positive

Lockheed Martin CEO Jim Taiclet joins 'Mad Money' host Jim Cramer to talk the company's work hiring Veterans, geopolitical conflicts, and more.

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image for news Lockheed Martin CEO Jim Taiclet goes one-on-one with Jim Cramer
Avio and Lockheed Martin Sign Term Sheet to Support the Establishment of a New Plant for Solid Rocket Motors in the USA
LMT
Published: November 10, 2025 by: Business Wire
Sentiment: Neutral

COLLEFERRO, Italy--(BUSINESS WIRE)--Avio and Lockheed Martin have signed a non-binding term sheet to support the establishment of Avio USA's state-of-the-art solid rocket motor (SRM) facility in the United States, which expects to serve Lockheed Martin and other customers as a vertically integrated merchant supplier. Lockheed Martin will have preferred access to a portion of the Avio USA plant production capacity to meet future demand for its products while enhancing supply chain resilience to.

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image for news Avio and Lockheed Martin Sign Term Sheet to Support the Establishment of a New Plant for Solid Rocket Motors in the USA
Avio's US rocket motor plant to supply Raytheon and Lockheed Martin
LMT, RTX
Published: November 10, 2025 by: Reuters
Sentiment: Positive

Raytheon and Lockheed Martin will be the major customers of Avio's planned solid rocket motor plant in the United States, the Italian rocket maker said on Monday.

Read More
image for news Avio's US rocket motor plant to supply Raytheon and Lockheed Martin
Lockheed Martin Corporation (LMT) is Attracting Investor Attention: Here is What You Should Know
LMT
Published: November 07, 2025 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 Lockheed Martin Corporation (LMT) is Attracting Investor Attention: Here is What You Should Know
Nothing Can Stop Defense Stocks Right Now
AVAV, GD, HII, KTOS, LHX, LMT, NOC, RTX
Published: November 04, 2025 by: Schaeffers Research
Sentiment: Positive

Subscribers to Chart of the Week received this commentary on Sunday, November 2.

Read More
image for news Nothing Can Stop Defense Stocks Right Now
5 ‘Sin Stocks' Are Offering High-Yield Dividend Treats With No Tricks
DEO, LMT, MO, TAP, VICI
Published: October 31, 2025 by: 24/7 Wall Street
Sentiment: Positive

Investors love dividend stocks, especially high-yield varieties, because they offer a significant income stream and have substantial total return potential.

Read More
image for news 5 ‘Sin Stocks' Are Offering High-Yield Dividend Treats With No Tricks
Tomahawk missiles planned aboard sea drones in latest Lockheed deal
LMT
Published: October 29, 2025 by: Reuters
Sentiment: Positive

Lockheed Martin is investing $50 million in sea drone maker Saildrone to help equip its biggest surveillance drones with missiles, marking the first time the long-distance autonomous ships will carry high-powered missiles aboard.

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image for news Tomahawk missiles planned aboard sea drones in latest Lockheed deal
Lockheed Martin and Google Public Sector to Bring Generative AI to On-Premise Infrastructure for National Security
LMT
Published: October 29, 2025 by: PRNewsWire
Sentiment: Neutral

Phased deployment brings secure, generative AI to unclassified and then classified systems to advance capabilities in aerospace, space exploration, and cybersecurity BETHESDA, Md. , Oct. 29, 2025 /PRNewswire/ -- Google Public Sector Summit '25, WASHINGTON, D.C.

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image for news Lockheed Martin and Google Public Sector to Bring Generative AI to On-Premise Infrastructure for National Security
X-59 Soars: A New Era in Supersonic Flight Begins
LMT
Published: October 28, 2025 by: PRNewsWire
Sentiment: Neutral

PALMDALE, Calif. , Oct. 28, 2025 /PRNewswire/ -- Lockheed Martin Skunk Works® (NYSE: LMT), in partnership with NASA, successfully completed the first flight of the X-59, a revolutionary, quiet supersonic aircraft designed to pave the way for faster commercial air travel.

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image for news X-59 Soars: A New Era in Supersonic Flight Begins
Orion Spacecraft Completes Major Stacking Milestone Ahead of Artemis II Mission
LMT
Published: October 24, 2025 by: PRNewsWire
Sentiment: Neutral

Orion Integrity spacecraft connected with the SLS rocket, readying for historic crewed journey to the Moon KENNEDY SPACE CENTER, Fla. , Oct. 24, 2025 /PRNewswire/ -- In a move signifying mission readiness, NASA's Exploration Ground Systems (EGS) team recently joined and connected the Lockheed Martin (NYSE: LMT)-developed Orion spacecraft with the Space Launch System (SLS) rocket for the upcoming Artemis II mission.

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image for news Orion Spacecraft Completes Major Stacking Milestone Ahead of Artemis II Mission
NioCorp, Lockheed partner on Pentagon‑funded scandium alloy work
LMT, NB
Published: October 23, 2025 by: Reuters
Sentiment: Positive

Rare earths miner NioCorp Developments said on Thursday it has signed an agreement with U.S. defense contractor Lockheed Martin to support development of scandium-based technology under a Pentagon‑funded program.

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image for news NioCorp, Lockheed partner on Pentagon‑funded scandium alloy work
NioCorp inks deal with Lockheed Martin to support scandium-based defense tech
LMT, NB
Published: October 23, 2025 by: Proactive Investors
Sentiment: Positive

NioCorp Developments Ltd. (TSX:NB, OTCQX:NIOBF) on Thursday announced an agreement with Lockheed Martin's Skunk Works advanced development programs division to support the development of a scandium-based defense technology.

Read More
image for news NioCorp inks deal with Lockheed Martin to support scandium-based defense tech
The Top 3 AI-Focused Defense Stocks to Put on Your Radar
LMT, NOC, RTX
Published: October 23, 2025 by: MarketBeat
Sentiment: Positive

In an era defined by a renewed great power competition and the dawn of autonomous warfare, the most compelling defense investments are shifting from traditional hardware manufacturers to the firms best positioned to dominate the technological arms race in artificial intelligence (AI), unmanned systems, and space. The defense sector has returned to the spotlight, driven by a strategic pivot toward technological superiority.

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image for news The Top 3 AI-Focused Defense Stocks to Put on Your Radar
Trump Wants in on Quantum Computing. Will RGTI, QBTS, IONQ, or QUBT Win?
AIG, AMZN, C, GM, INTC, IONQ, JPM, LAC, LMT, MP, MSFT, NVDA, QBTS, QUBT, RGTI
Published: October 23, 2025 by: 24/7 Wall Street
Sentiment: Positive

The Wall Street Journal reports the Trump administration is eyeing stakes in quantum firms.

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image for news Trump Wants in on Quantum Computing. Will RGTI, QBTS, IONQ, or QUBT Win?
Lockheed Martin: Boring Earnings Hide A Perfect Entry Point
LMT
Published: October 22, 2025 by: Seeking Alpha
Sentiment: Neutral

Lockheed Martin Corporation reported Q3 2025 results with sales and EPS beats, but segment margin pressures and mixed growth drivers. LMT raised 2025 sales and EPS guidance but lowered cash flow outlook due to pension pre-funding, disappointing some investors. The updated price target for LMT is $584.24, reflecting modest EBITDA growth but slightly reduced free cash flow estimates.

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image for news Lockheed Martin: Boring Earnings Hide A Perfect Entry Point
Lockheed Martin Reports Third Quarter 2025 Financial Results
LMT
Published: October 21, 2025 by: PRNewsWire
Sentiment: Neutral

Sales of $18.6 billion Net earnings of $1.6 billion, or $6.95 per share Cash from operations of $3.7 billion and free cash flow of $3.3 billion Returned $1.8 billion of cash to shareholders through dividends and share repurchases Increased share repurchase authority by $2 billion to a total authorization of $9 billion Increased quarterly dividend by 5% to $3.45 per share Record backlog of $179 billion Updates 2025 outlook BETHESDA, Md. , Oct. 21, 2025 /PRNewswire/ -- Lockheed Martin Corporation [NYSE: LMT] today reported third quarter 2025 sales of $18.6 billion, compared to $17.1 billion in the third quarter of …

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image for news Lockheed Martin Reports Third Quarter 2025 Financial Results
LMT, KO & ZION Undercard Earnings to Note, Energy's Economic Slowdown Signals
KO, LMT, ZION
Published: October 20, 2025 by: Schwab Network
Sentiment: Neutral

While many investors will watch the big earnings this week from names like Tesla (TSLA) and Netflix (NFLX), Kevin Green points to other companies you'll want to watch. He highlights Coca-Cola (KO) and Zions Bancorporation (ZION) for signals of consumer health and confidence, along with Lockheed Martin (LMT) for a better sense of defense spending's outlook.

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image for news LMT, KO & ZION Undercard Earnings to Note, Energy's Economic Slowdown Signals

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.