LOCKHEED MARTIN CORP (LOM.DE) Stock Fundamental Analysis
FRA:LOM - Deutsche Boerse Ag - US5398301094 - Common Stock - Currency: EUR
Overall LOM gets a fundamental rating of 5 out of 10. We evaluated LOM against 45 industry peers in the Aerospace & Defense industry. Both the profitability and the financial health of LOM get a neutral evaluation. Nothing too spectacular is happening here. LOM has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
LOM had positive earnings in the past year.
LOM had a positive operating cash flow in the past year.
LOM had positive earnings in each of the past 5 years.
LOM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 9.71%, LOM belongs to the best of the industry, outperforming 97.78% of the companies in the same industry.
LOM's Return On Equity of 82.34% is amongst the best of the industry. LOM outperforms 100.00% of its industry peers.
The Return On Invested Capital of LOM (17.83%) is better than 95.56% of its industry peers.
LOM had an Average Return On Invested Capital over the past 3 years of 18.86%. This is significantly above the industry average of 8.61%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.71% | ||
| ROE | 82.34% | ||
| ROIC | 17.83% |
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 of 7.66%. This is in the better half of the industry: LOM outperforms 73.33% of its industry peers.
LOM's Profit Margin has declined in the last couple of years.
LOM has a Operating Margin of 10.29%. This is in the better half of the industry: LOM outperforms 68.89% of its industry peers.
In the last couple of years the Operating Margin of LOM has declined.
LOM's Gross Margin of 10.23% is on the low side compared to the rest of the industry. LOM is outperformed by 86.67% of its industry peers.
LOM's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.29% | ||
| PM (TTM) | 7.66% | ||
| GM | 10.23% |
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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so LOM is creating value.
The number of shares outstanding for LOM has been reduced compared to 1 year ago.
The number of shares outstanding for LOM has been reduced compared to 5 years ago.
LOM has a worse debt/assets ratio than last year.
2.2 Solvency
LOM has an Altman-Z score of 3.40. This indicates that LOM is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of LOM (3.40) is better than 75.56% of its industry peers.
The Debt to FCF ratio of LOM is 4.07, which is a neutral value as it means it would take LOM, 4.07 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of LOM (4.07) is better than 64.44% of its industry peers.
LOM has a Debt/Equity ratio of 2.79. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 2.79, LOM is doing worse than 84.44% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.79 | ||
| Debt/FCF | 4.07 | ||
| Altman-Z | 3.4 |
ROIC/WACC1.8
WACC9.91%
2.3 Liquidity
LOM has a Current Ratio of 1.08. This is a normal value and indicates that LOM is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of LOM (1.08) is worse than 62.22% of its industry peers.
A Quick Ratio of 0.91 indicates that LOM may have some problems paying its short term obligations.
The Quick ratio of LOM (0.91) is better than 71.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.08 | ||
| Quick Ratio | 0.91 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 3.51% over the past year.
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 3.12%.
LOM shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.50% yearly.
EPS 1Y (TTM)3.51%
EPS 3Y5.96%
EPS 5Y5.03%
EPS Q2Q%13.93%
Revenue 1Y (TTM)3.12%
Revenue growth 3Y1.95%
Revenue growth 5Y3.5%
Sales Q2Q%4.47%
3.2 Future
The Earnings Per Share is expected to grow by 5.65% on average over the next years.
Based on estimates for the next years, LOM will show a small growth in Revenue. The Revenue will grow by 3.22% on average per year.
EPS Next Y-0.1%
EPS Next 2Y4.4%
EPS Next 3Y5.33%
EPS Next 5Y5.65%
Revenue Next Year4.39%
Revenue Next 2Y4.05%
Revenue Next 3Y4%
Revenue Next 5Y3.22%
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
Based on the Price/Earnings ratio of 16.24, the valuation of LOM can be described as correct.
Based on the Price/Earnings ratio, LOM is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of LOM to the average of the S&P500 Index (27.45), we can say LOM is valued slightly cheaper.
The Price/Forward Earnings ratio is 15.38, which indicates a correct valuation of LOM.
Compared to the rest of the industry, the Price/Forward Earnings ratio of LOM indicates a rather cheap valuation: LOM is cheaper than 95.56% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of LOM to the average of the S&P500 Index (21.90), we can say LOM is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.24 | ||
| Fwd PE | 15.38 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, LOM is valued a bit cheaper than the industry average as 80.00% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, LOM is valued a bit cheaper than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.83 | ||
| EV/EBITDA | 14.14 |
4.3 Compensation for Growth
The decent profitability rating of LOM may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)3.23
EPS Next 2Y4.4%
EPS Next 3Y5.33%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.88%, LOM has a reasonable but not impressive dividend return.
LOM's Dividend Yield is rather good when compared to the industry average which is at 1.20. LOM pays more dividend than 97.78% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, LOM pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.88% |
5.2 History
The dividend of LOM is nicely growing with an annual growth rate of 7.21%!
Dividend Growth(5Y)7.21%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
LOM pays out 55.88% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of LOM is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP55.88%
EPS Next 2Y4.4%
EPS Next 3Y5.33%
FRA:LOM (7/4/2025, 7:00:00 PM)
394.15
+0.65 (+0.17%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners75.05%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap92.35B
Analysts73.79
Price Target474.63 (20.42%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.88% |
Yearly Dividend11.03
Dividend Growth(5Y)7.21%
DP55.88%
Div Incr Years6
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)14.01%
Min EPS beat(2)13.78%
Max EPS beat(2)14.24%
EPS beat(4)4
Avg EPS beat(4)9.12%
Min EPS beat(4)3.56%
Max EPS beat(4)14.24%
EPS beat(8)7
Avg EPS beat(8)6.78%
EPS beat(12)8
Avg EPS beat(12)2.29%
EPS beat(16)12
Avg EPS beat(16)3.27%
Revenue beat(2)0
Avg Revenue beat(2)-1.3%
Min Revenue beat(2)-2.51%
Max Revenue beat(2)-0.09%
Revenue beat(4)1
Avg Revenue beat(4)0.07%
Min Revenue beat(4)-2.51%
Max Revenue beat(4)5.27%
Revenue beat(8)4
Avg Revenue beat(8)1.78%
Revenue beat(12)5
Avg Revenue beat(12)0.9%
Revenue beat(16)5
Avg Revenue beat(16)-0.15%
PT rev (1m)-0.38%
PT rev (3m)-9.99%
EPS NQ rev (1m)-0.01%
EPS NQ rev (3m)-3.04%
EPS NY rev (1m)0.05%
EPS NY rev (3m)0.66%
Revenue NQ rev (1m)0.01%
Revenue NQ rev (3m)-0.4%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.24 | ||
| Fwd PE | 15.38 | ||
| P/S | 1.52 | ||
| P/FCF | 21.83 | ||
| P/OCF | 16.13 | ||
| P/B | 16.28 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.14 |
EPS(TTM)24.27
EY6.16%
EPS(NY)25.63
Fwd EY6.5%
FCF(TTM)18.06
FCFY4.58%
OCF(TTM)24.44
OCFY6.2%
SpS260.14
BVpS24.21
TBVpS-22.98
PEG (NY)N/A
PEG (5Y)3.23
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.71% | ||
| ROE | 82.34% | ||
| ROCE | 20.82% | ||
| ROIC | 17.83% | ||
| ROICexc | 18.78% | ||
| ROICexgc | 30.63% | ||
| OM | 10.29% | ||
| PM (TTM) | 7.66% | ||
| GM | 10.23% | ||
| FCFM | 6.94% |
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-Score6
Asset Turnover1.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.79 | ||
| Debt/FCF | 4.07 | ||
| Debt/EBITDA | 2.08 | ||
| Cap/Depr | 109.72% | ||
| Cap/Sales | 2.45% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 75.02% | ||
| Profit Quality | 90.59% | ||
| Current Ratio | 1.08 | ||
| Quick Ratio | 0.91 | ||
| Altman-Z | 3.4 |
F-Score6
WACC9.91%
ROIC/WACC1.8
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)3.51%
EPS 3Y5.96%
EPS 5Y5.03%
EPS Q2Q%13.93%
EPS Next Y-0.1%
EPS Next 2Y4.4%
EPS Next 3Y5.33%
EPS Next 5Y5.65%
Revenue 1Y (TTM)3.12%
Revenue growth 3Y1.95%
Revenue growth 5Y3.5%
Sales Q2Q%4.47%
Revenue Next Year4.39%
Revenue Next 2Y4.05%
Revenue Next 3Y4%
Revenue Next 5Y3.22%
EBIT growth 1Y-13.61%
EBIT growth 3Y-8.05%
EBIT growth 5Y-3.6%
EBIT Next Year25.67%
EBIT Next 3Y10.68%
EBIT Next 5Y7.62%
FCF growth 1Y-20.37%
FCF growth 3Y-11.77%
FCF growth 5Y-1.93%
OCF growth 1Y-15.21%
OCF growth 3Y-8.9%
OCF growth 5Y-0.95%