LOCKHEED MARTIN CORP (LOM.DE) Stock Fundamental Analysis
Europe - FRA:LOM - US5398301094 - Common Stock
423.7 EUR
+5.8 (+1.39%)
Overall LOM gets a fundamental rating of 5 out of 10. We evaluated LOM against 42 industry peers in the Aerospace & Defense industry. LOM has an average financial health and profitability rating. LOM is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year LOM was profitable.
LOM had a positive operating cash flow in the past year.
LOM had positive earnings in each of the past 5 years.
In the past 5 years LOM always reported a positive cash flow from operatings.
1.2 Ratios
LOM's Return On Assets of 7.14% is amongst the best of the industry. LOM outperforms 80.95% of its industry peers.
LOM's Return On Equity of 78.82% is amongst the best of the industry. LOM outperforms 97.62% of its industry peers.
LOM has a Return On Invested Capital of 14.80%. This is amongst the best in the industry. LOM outperforms 85.71% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for LOM is significantly above the industry average of 9.51%.
The 3 year average ROIC (18.86%) for LOM is well above the current ROIC(14.80%). The reason for the recent decline needs to be investigated.
| 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
LOM has a Profit Margin (5.85%) which is comparable to the rest of the industry.
LOM's Profit Margin has declined in the last couple of years.
LOM has a Operating Margin (8.30%) which is in line with its industry peers.
LOM's Operating Margin has declined in the last couple of years.
LOM's Gross Margin of 8.25% is on the low side compared to the rest of the industry. LOM is outperformed by 85.71% of its industry peers.
LOM's Gross Margin has declined in the last couple of years.
| 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), LOM is creating value.
LOM has less shares outstanding than it did 1 year ago.
The number of shares outstanding for LOM has been reduced compared to 5 years ago.
The debt/assets ratio for LOM is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.15 indicates that LOM is not in any danger for bankruptcy at the moment.
The Altman-Z score of LOM (3.15) is better than 69.05% of its industry peers.
LOM has a debt to FCF ratio of 6.50. This is a slightly negative value and a sign of low solvency as LOM would need 6.50 years to pay back of all of its debts.
With a Debt to FCF ratio value of 6.50, LOM perfoms like the industry average, outperforming 52.38% of the companies in the same industry.
LOM has a Debt/Equity ratio of 3.47. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of LOM (3.47) is worse than 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.47 | ||
| Debt/FCF | 6.5 | ||
| Altman-Z | 3.15 |
ROIC/WACC1.59
WACC9.3%
2.3 Liquidity
LOM has a Current Ratio of 0.98. This is a bad value and indicates that LOM is not financially healthy enough and could expect problems in meeting its short term obligations.
LOM's Current ratio of 0.98 is on the low side compared to the rest of the industry. LOM is outperformed by 78.57% of its industry peers.
LOM has a Quick Ratio of 0.98. This is a bad value and indicates that LOM is not financially healthy enough and could expect problems in meeting its short term obligations.
LOM has a better Quick ratio (0.83) than 61.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.83 |
3. Growth
3.1 Past
LOM shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.27%.
LOM shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.03% yearly.
LOM shows a small growth in Revenue. In the last year, the Revenue has grown by 1.09%.
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
LOM is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.66% yearly.
Based on estimates for the next years, LOM will show a small growth in Revenue. The Revenue will grow by 3.23% on average per year.
EPS Next Y-20.26%
EPS Next 2Y2.93%
EPS Next 3Y4.61%
EPS Next 5Y5.66%
Revenue Next Year4.28%
Revenue Next 2Y4.08%
Revenue Next 3Y3.91%
Revenue Next 5Y3.23%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 16.91 indicates a correct valuation of LOM.
Based on the Price/Earnings ratio, LOM is valued cheaply inside the industry as 97.62% of the companies are valued more expensively.
LOM is valuated rather cheaply when we compare the Price/Earnings ratio to 27.67, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 16.73, LOM is valued correctly.
LOM's Price/Forward Earnings ratio is rather cheap when compared to the industry. LOM is cheaper than 95.24% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.33. LOM is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.91 | ||
| Fwd PE | 16.73 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of LOM indicates a somewhat cheap valuation: LOM is cheaper than 73.81% of the companies listed in the same industry.
64.29% of the companies in the same industry are more expensive than LOM, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 34.45 | ||
| EV/EBITDA | 17.74 |
4.3 Compensation for Growth
LOM has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)3.36
EPS Next 2Y2.93%
EPS Next 3Y4.61%
5. Dividend
5.1 Amount
LOM has a Yearly Dividend Yield of 2.80%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.12, LOM pays a better dividend. On top of this LOM pays more dividend than 97.62% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.35, LOM has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.8% |
5.2 History
On average, the dividend of LOM grows each year by 7.21%, which is quite nice.
Dividend Growth(5Y)7.21%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
73.60% of the earnings are spent on dividend by LOM. This is not a sustainable payout ratio.
The dividend of LOM is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP73.6%
EPS Next 2Y2.93%
EPS Next 3Y4.61%
FRA:LOM (10/23/2025, 7:00:00 PM)
423.7
+5.8 (+1.39%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners75.55%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap98.92B
Revenue(TTM)71.84B
Net Income(TTM)4.20B
Analysts72.31
Price Target416.52 (-1.69%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.8% |
Yearly Dividend11.05
Dividend Growth(5Y)7.21%
DP73.6%
Div Incr Years6
Div Non Decr Years6
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)-0.1%
PT rev (3m)-12.24%
EPS NQ rev (1m)0.54%
EPS NQ rev (3m)-4.05%
EPS NY rev (1m)-2.39%
EPS NY rev (3m)-19.87%
Revenue NQ rev (1m)0.45%
Revenue NQ rev (3m)0.94%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)-0.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.91 | ||
| Fwd PE | 16.73 | ||
| P/S | 1.6 | ||
| P/FCF | 34.45 | ||
| P/OCF | 22.61 | ||
| P/B | 21.5 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.74 |
EPS(TTM)25.05
EY5.91%
EPS(NY)25.33
Fwd EY5.98%
FCF(TTM)12.3
FCFY2.9%
OCF(TTM)18.74
OCFY4.42%
SpS265.44
BVpS19.71
TBVpS-29.51
PEG (NY)N/A
PEG (5Y)3.36
Graham Number105.39
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%
ROICexgc growth 3Y-7.66%
ROICexgc 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 | 3.15 |
F-Score5
WACC9.3%
ROIC/WACC1.59
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-20.26%
EPS Next 2Y2.93%
EPS Next 3Y4.61%
EPS Next 5Y5.66%
Revenue 1Y (TTM)1.09%
Revenue growth 3Y1.95%
Revenue growth 5Y3.5%
Sales Q2Q%0.18%
Revenue Next Year4.28%
Revenue Next 2Y4.08%
Revenue Next 3Y3.91%
Revenue Next 5Y3.23%
EBIT growth 1Y-31.04%
EBIT growth 3Y-8.05%
EBIT growth 5Y-3.6%
EBIT Next Year10.51%
EBIT Next 3Y10.44%
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%