Lockheed Martin (LMT)
(Real Time Quote from BATS)
$579.08 USD
+0.45 (0.08%)
Updated Sep 25, 2024 12:32 PM ET
2-Buy of 5 2
C Value D Growth C Momentum D VGM
Company Summary
Lockheed Martin Corporation is the largest defense contractor in the world. Its main areas of focus are in defense, space, intelligence, homeland security and information technology including cyber security. In 2023, 73% of the company’s net sales were from the U.S. Government, including 64% from the Department of Defense (DoD), 26% from international customers, and 1% from U.S. commercial and other customers. Lockheed Martin currently operates through four businesses — Aeronautics, Missiles and Fire Control (MFC), Rotary and Missions Systems (RMS) and Space Systems.
The company's Aeronautics unit is engaged in the design, research ...
Company Summary
Lockheed Martin Corporation is the largest defense contractor in the world. Its main areas of focus are in defense, space, intelligence, homeland security and information technology including cyber security. In 2023, 73% of the company’s net sales were from the U.S. Government, including 64% from the Department of Defense (DoD), 26% from international customers, and 1% from U.S. commercial and other customers. Lockheed Martin currently operates through four businesses — Aeronautics, Missiles and Fire Control (MFC), Rotary and Missions Systems (RMS) and Space Systems.
The company's Aeronautics unit is engaged in the design, research and development, systems integration, production and support of advanced military aircraft and related technologies. This segment includes programs like F-35 Lightning II Joint Strike Fighter; C-130 Hercules; F-16 Fighting Falcon; F-22 Raptor; and C-5M Super Galaxy. It generated sales of $27.47 billion in 2023, accounting for 40.7% of the total sales.
In Lockheed Martin's MFC business, headquartered in Dallas, some of its high-profile programs include the Terminal High Altitude Area Defense System, Joint Light Tactical Vehicle, PAC-3 Missiles, as well as logistics and other technical services from GTL. It generated sales of $11.25 billion in 2023, constituting 16.7% of the total sales.
In its RMS business, headquartered in Washington, DC, some of its high-profile programs include the Aegis Combat System, Littoral Combat Ship, MH-60 helicopter avionics, as well as military and commercial orders. It generated sales of $16.24 billion in 2023, comprising 24% of the total sales.
The company's Space Systems unit is engaged in the design, development, engineering, and production of commercial and military space systems. It generated sales of $12.61 billion in 2023, accounting for 18.7% of the total sales.
Lockheed Martin ended 2023 (on Dec 31, 2023) with $160.6 billion in the backlog.
General Information
Lockheed Martin Corporation
6801 ROCKLEDGE DRIVE
BETHESDA, MD 20817
Phone: 301-897-6000
Fax: 301-897-6919
Web: http://www.lockheedmartin.com
Email: investor.relations@lmco.com
Industry | Aerospace - Defense |
Sector | Aerospace |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 10/15/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 6.40 |
Current Year EPS Consensus Estimate | 26.49 |
Estimated Long-Term EPS Growth Rate | 4.70 |
Exp Earnings Date | 10/15/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 578.63 |
52 Week High | 583.75 |
52 Week Low | 393.77 |
Beta | 0.47 |
20 Day Moving Average | 935,585.62 |
Target Price Consensus | 553.80 |
4 Week | 3.25 |
12 Week | 24.25 |
YTD | 27.67 |
4 Week | 1.32 |
12 Week | 19.40 |
YTD | 6.22 |
Shares Outstanding (millions) | 238.36 |
Market Capitalization (millions) | 137,921.09 |
Short Ratio | NA |
Last Split Date | 1/4/1999 |
Dividend Yield | 2.18% |
Annual Dividend | $12.60 |
Payout Ratio | 0.45 |
Change in Payout Ratio | 0.02 |
Last Dividend Payout / Amount | 9/3/2024 / $3.15 |
Fundamental Ratios
P/E (F1) | 21.85 |
Trailing 12 Months | 20.58 |
PEG Ratio | 4.67 |
vs. Previous Year | 5.65% |
vs. Previous Quarter | 12.32% |
vs. Previous Year | 8.56% |
vs. Previous Quarter | 5.39% |
Price/Book | 22.33 |
Price/Cash Flow | 16.62 |
Price / Sales | 1.94 |
6/30/24 | 95.03 |
3/31/24 | 85.96 |
12/31/23 | 79.91 |
6/30/24 | 12.55 |
3/31/24 | 12.44 |
12/31/23 | 12.67 |
6/30/24 | 1.24 |
3/31/24 | 1.30 |
12/31/23 | 1.21 |
6/30/24 | 1.07 |
3/31/24 | 1.11 |
12/31/23 | 1.03 |
6/30/24 | 9.67 |
3/31/24 | 9.88 |
12/31/23 | 10.35 |
6/30/24 | 9.48 |
3/31/24 | 9.73 |
12/31/23 | 10.24 |
6/30/24 | 11.09 |
3/31/24 | 11.40 |
12/31/23 | 11.98 |
6/30/24 | 25.91 |
3/31/24 | 27.72 |
12/31/23 | 28.28 |
6/30/24 | 19.53 |
3/31/24 | 18.52 |
12/31/23 | 17.62 |
6/30/24 | 3.10 |
3/31/24 | 2.89 |
12/31/23 | 2.53 |
6/30/24 | 75.58 |
3/31/24 | 74.32 |
12/31/23 | 71.67 |