LOCKHEED MARTIN CORP (1LMT.MI) Stock Fundamental Analysis
Europe - BIT:1LMT - US5398301094 - Common Stock
382.35 EUR
+11.45 (+3.09%)
Overall 1LMT gets a fundamental rating of 5 out of 10. We evaluated 1LMT against 46 industry peers in the Aerospace & Defense industry. There are concerns on the financial health of 1LMT while its profitability can be described as average. 1LMT is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
1LMT had positive earnings in the past year.
1LMT had a positive operating cash flow in the past year.
1LMT had positive earnings in each of the past 5 years.
Each year in the past 5 years 1LMT had a positive operating cash flow.
1.2 Ratios
1LMT has a better Return On Assets (7.14%) than 86.05% of its industry peers.
1LMT has a Return On Equity of 78.82%. This is amongst the best in the industry. 1LMT outperforms 97.67% of its industry peers.
1LMT has a Return On Invested Capital of 14.80%. This is amongst the best in the industry. 1LMT outperforms 86.05% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for 1LMT is significantly above the industry average of 9.09%.
The last Return On Invested Capital (14.80%) for 1LMT is well below the 3 year average (18.86%), which needs to be investigated, but indicates that 1LMT had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.14% | ||
| ROE | 78.82% | ||
| ROIC | 14.8% |
ROA(3y)11.21%
ROA(5y)11.9%
ROE(3y)82.45%
ROE(5y)83.72%
ROIC(3y)18.86%
ROIC(5y)19.56%
1.3 Margins
The Profit Margin of 1LMT (5.85%) is comparable to the rest of the industry.
1LMT's Profit Margin has declined in the last couple of years.
1LMT has a Operating Margin of 8.30%. This is comparable to the rest of the industry: 1LMT outperforms 58.14% of its industry peers.
1LMT's Operating Margin has declined in the last couple of years.
The Gross Margin of 1LMT (8.25%) is worse than 83.72% of its industry peers.
In the last couple of years the Gross Margin of 1LMT has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.3% | ||
| PM (TTM) | 5.85% | ||
| GM | 8.25% |
OM growth 3Y-9.81%
OM growth 5Y-6.86%
PM growth 3Y-7.27%
PM growth 5Y-6.33%
GM growth 3Y-10.04%
GM growth 5Y-6.72%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), 1LMT is creating value.
The number of shares outstanding for 1LMT has been reduced compared to 1 year ago.
1LMT has less shares outstanding than it did 5 years ago.
The debt/assets ratio for 1LMT is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.03 indicates that 1LMT is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.03, 1LMT is in the better half of the industry, outperforming 65.12% of the companies in the same industry.
1LMT has a debt to FCF ratio of 6.50. This is a slightly negative value and a sign of low solvency as 1LMT would need 6.50 years to pay back of all of its debts.
1LMT has a Debt to FCF ratio of 6.50. This is comparable to the rest of the industry: 1LMT outperforms 55.81% of its industry peers.
1LMT has a Debt/Equity ratio of 3.47. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 3.47, 1LMT is not doing good in the industry: 83.72% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.47 | ||
| Debt/FCF | 6.5 | ||
| Altman-Z | 3.03 |
ROIC/WACC1.56
WACC9.49%
2.3 Liquidity
A Current Ratio of 0.98 indicates that 1LMT may have some problems paying its short term obligations.
1LMT has a worse Current ratio (0.98) than 79.07% of its industry peers.
A Quick Ratio of 0.83 indicates that 1LMT may have some problems paying its short term obligations.
1LMT has a Quick ratio (0.83) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.83 |
3. Growth
3.1 Past
1LMT shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.27%.
1LMT shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.03% yearly.
Looking at the last year, 1LMT shows a small growth in Revenue. The Revenue has grown by 1.09% in the last year.
The Revenue has been growing slightly by 3.50% on average over the past years.
EPS 1Y (TTM)4.27%
EPS 3Y5.96%
EPS 5Y5.03%
EPS Q2Q%6.42%
Revenue 1Y (TTM)1.09%
Revenue growth 3Y1.95%
Revenue growth 5Y3.5%
Sales Q2Q%0.18%
3.2 Future
The Earnings Per Share is expected to grow by 5.66% on average over the next years.
1LMT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.23% yearly.
EPS Next Y-18.31%
EPS Next 2Y3.09%
EPS Next 3Y4.59%
EPS Next 5Y5.66%
Revenue Next Year4.27%
Revenue Next 2Y4.06%
Revenue Next 3Y3.94%
Revenue Next 5Y3.23%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 15.40, which indicates a correct valuation of 1LMT.
Based on the Price/Earnings ratio, 1LMT is valued cheaper than 100.00% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.41. 1LMT is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 15.19, 1LMT is valued correctly.
1LMT's Price/Forward Earnings ratio is rather cheap when compared to the industry. 1LMT is cheaper than 90.70% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of 1LMT to the average of the S&P500 Index (22.88), we can say 1LMT is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.4 | ||
| Fwd PE | 15.19 |
4.2 Price Multiples
1LMT's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. 1LMT is cheaper than 72.09% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, 1LMT is valued a bit cheaper than 69.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.37 | ||
| EV/EBITDA | 16.39 |
4.3 Compensation for Growth
The decent profitability rating of 1LMT may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)3.06
EPS Next 2Y3.09%
EPS Next 3Y4.59%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.89%, 1LMT has a reasonable but not impressive dividend return.
In the last 3 months the price of 1LMT has falen by -24.82%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
1LMT's Dividend Yield is rather good when compared to the industry average which is at 1.16. 1LMT pays more dividend than 95.35% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, 1LMT pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.89% |
5.2 History
The dividend of 1LMT is nicely growing with an annual growth rate of 7.21%!
Dividend Growth(5Y)7.21%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
73.60% of the earnings are spent on dividend by 1LMT. This is not a sustainable payout ratio.
The dividend of 1LMT is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP73.6%
EPS Next 2Y3.09%
EPS Next 3Y4.59%
BIT:1LMT (8/25/2025, 7:00:00 PM)
382.35
+11.45 (+3.09%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners75.34%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap89.27B
Analysts71.85
Price Target425.47 (11.28%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.89% |
Yearly Dividend11.03
Dividend Growth(5Y)7.21%
DP73.6%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.9%
Min EPS beat(2)12.03%
Max EPS beat(2)13.78%
EPS beat(4)4
Avg EPS beat(4)10.9%
Min EPS beat(4)3.56%
Max EPS beat(4)14.24%
EPS beat(8)7
Avg EPS beat(8)8.07%
EPS beat(12)9
Avg EPS beat(12)6.11%
EPS beat(16)12
Avg EPS beat(16)3.52%
Revenue beat(2)0
Avg Revenue beat(2)-1.65%
Min Revenue beat(2)-3.21%
Max Revenue beat(2)-0.09%
Revenue beat(4)0
Avg Revenue beat(4)-2.05%
Min Revenue beat(4)-3.21%
Max Revenue beat(4)-0.09%
Revenue beat(8)3
Avg Revenue beat(8)0.9%
Revenue beat(12)5
Avg Revenue beat(12)1.02%
Revenue beat(16)5
Avg Revenue beat(16)-0.32%
PT rev (1m)-10.17%
PT rev (3m)-20.37%
EPS NQ rev (1m)-4.62%
EPS NQ rev (3m)-7.16%
EPS NY rev (1m)-18.23%
EPS NY rev (3m)-17.69%
Revenue NQ rev (1m)0.78%
Revenue NQ rev (3m)0.71%
Revenue NY rev (1m)-0.12%
Revenue NY rev (3m)-0.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.4 | ||
| Fwd PE | 15.19 | ||
| P/S | 1.45 | ||
| P/FCF | 31.37 | ||
| P/OCF | 20.59 | ||
| P/B | 19.58 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.39 |
EPS(TTM)24.83
EY6.49%
EPS(NY)25.18
Fwd EY6.58%
FCF(TTM)12.19
FCFY3.19%
OCF(TTM)18.57
OCFY4.86%
SpS263.08
BVpS19.53
TBVpS-29.25
PEG (NY)N/A
PEG (5Y)3.06
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.14% | ||
| ROE | 78.82% | ||
| ROCE | 17.28% | ||
| ROIC | 14.8% | ||
| ROICexc | 15.38% | ||
| ROICexgc | 25.67% | ||
| OM | 8.3% | ||
| PM (TTM) | 5.85% | ||
| GM | 8.25% | ||
| FCFM | 4.63% |
ROA(3y)11.21%
ROA(5y)11.9%
ROE(3y)82.45%
ROE(5y)83.72%
ROIC(3y)18.86%
ROIC(5y)19.56%
ROICexc(3y)20.04%
ROICexc(5y)21.1%
ROICexgc(3y)34.88%
ROICexgc(5y)36.6%
ROCE(3y)22.03%
ROCE(5y)22.85%
ROICexcg growth 3Y-7.66%
ROICexcg growth 5Y-4.12%
ROICexc growth 3Y-8.46%
ROICexc growth 5Y-4.57%
OM growth 3Y-9.81%
OM growth 5Y-6.86%
PM growth 3Y-7.27%
PM growth 5Y-6.33%
GM growth 3Y-10.04%
GM growth 5Y-6.72%
F-Score5
Asset Turnover1.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.47 | ||
| Debt/FCF | 6.5 | ||
| Debt/EBITDA | 2.43 | ||
| Cap/Depr | 105.9% | ||
| Cap/Sales | 2.42% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 66.63% | ||
| Profit Quality | 79.19% | ||
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.83 | ||
| Altman-Z | 3.03 |
F-Score5
WACC9.49%
ROIC/WACC1.56
Cap/Depr(3y)115.09%
Cap/Depr(5y)118.75%
Cap/Sales(3y)2.47%
Cap/Sales(5y)2.48%
Profit Quality(3y)98.69%
Profit Quality(5y)102.38%
High Growth Momentum
Growth
EPS 1Y (TTM)4.27%
EPS 3Y5.96%
EPS 5Y5.03%
EPS Q2Q%6.42%
EPS Next Y-18.31%
EPS Next 2Y3.09%
EPS Next 3Y4.59%
EPS Next 5Y5.66%
Revenue 1Y (TTM)1.09%
Revenue growth 3Y1.95%
Revenue growth 5Y3.5%
Sales Q2Q%0.18%
Revenue Next Year4.27%
Revenue Next 2Y4.06%
Revenue Next 3Y3.94%
Revenue Next 5Y3.23%
EBIT growth 1Y-31.04%
EBIT growth 3Y-8.05%
EBIT growth 5Y-3.6%
EBIT Next Year9.04%
EBIT Next 3Y10.25%
EBIT Next 5Y7.54%
FCF growth 1Y-44.55%
FCF growth 3Y-11.77%
FCF growth 5Y-1.93%
OCF growth 1Y-34.36%
OCF growth 3Y-8.9%
OCF growth 5Y-0.95%