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Lockheed Martin Corp LMT

Morningstar Rating
$524.80 +3.40 (0.65%)
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Company Report

Price vs Fair Value

LMT is trading at a 545% premium.
Price
$524.80
Fair Value
$162.00
Uncertainty
Medium
1-Star Price
$489.53
5-Star Price
$683.80
Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Lockheed Martin’s prime contractor role on the F-35, the largest weapon program in history, should deliver stable revenue for decades through procurement and maintenance.

Bears

Lockheed Martin depends on US military funding for its sales, which is an inherently political and thus uncertain process.

Is it the right time to buy, sell, or hold?
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News

Trading Information

Previous Close Price
$521.40
Day Range
$520.01528.64
52-Week Range
$393.77528.64
Bid/Ask
$524.00 / $525.50
Market Cap
$125.09 Bil
Volume/Avg
1.1 Mil / 976,159

Key Statistics

Price/Earnings (Normalized)
18.67
Price/Sales
1.80
Dividend Yield (Trailing)
2.39%
Dividend Yield (Forward)
2.42%
Total Yield
7.65%

Company Profile

Lockheed Martin is the world's largest defense contractor and has dominated the Western market for high-end fighter aircraft since it won the F-35 Joint Strike Fighter program in 2001. Lockheed’s largest segment is aeronautics, which derives upward of two-thirds of its revenue from the F-35. Lockheed’s remaining segments are rotary and mission systems, mainly encompassing the Sikorsky helicopter business; missiles and fire control, which creates missiles and missile defense systems; and space systems, which produces satellites and receives equity income from the United Launch Alliance joint venture.
Sector
Industrials
Industry
Aerospace & Defense
Stock Style Box
Large Value
Total Number of Employees
122,000

Competitors

Valuation

Metric
LMT
NOC
RTX
Price/Earnings (Normalized)
18.6721.0421.45
Price/Book Value
20.144.922.56
Price/Sales
1.801.772.15
Price/Cash Flow
15.2416.5726.50
Price/Earnings
LMT
NOC
RTX

Financial Strength

Metric
LMT
NOC
RTX
Quick Ratio
1.050.880.60
Current Ratio
1.241.110.99
Interest Coverage
8.835.642.40
Quick Ratio
LMT
NOC
RTX

Profitability

Metric
LMT
NOC
RTX
Return on Assets (Normalized)
12.62%5.08%4.49%
Return on Equity (Normalized)
91.28%15.79%11.30%
Return on Invested Capital (Normalized)
30.29%9.13%8.26%
Return on Assets
LMT
NOC
RTX
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