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Lockheed Martin Corp LMT Stock Quote

| Rating as of

NYSE: LMT

Last close prices updated as of Jun 09, 2023, 7:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 462.69
  • Sector Industrials
  • Industry Aerospace & Defense
  • Investment Style Large Blend
  • Day Range 460.39  –  465.39
  • Year Range 373.67  –  508.10
  • Market Cap 117.1774 Bil
  • Volume / Avg 713,249.0 /  1.2 Mil
  • Price / Sales 1.83
  • Price / Book 12.15
  • Forward Div Yield 2.59%
  • Trailing Div Yield 2.55%

Morningstar‘s Stock Analysis LMT

Valuation
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1-Star Price

INVESTOR

5-Star Price

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Economic Moat

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Capital Allocation

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Lockheed Martin Remains a Stalwart of the Defense Contracting Industry

Nicolas Owens Equity Analyst

Business Strategy and Outlook

| Nicolas Owens |

Lockheed derived more than 70% of its $66 billion in 2022 sales servicing contracts from the U.S. Department of Defense, the largest military budget on Earth, and stands to operate the largest defense procurement program ever awarded (F-35) through the 2060s. Thus, as a bet on the defense industry, Lockheed is hard to beat. Biggest isn't always best, but Lockheed (and investors) benefit from the sheer scale of its tens of billions of dollars of contracts that provide defined, decades-long revenue and profit streams.

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Key Statistics LMT

Company Profile LMT

Business Description

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 upwards of two thirds of its revenue from the F-35. Lockheed’s remaining segments are rotary and mission systems, which is mainly 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.

Contact
6801 Rockledge Drive
Bethesda, MD, 20817
Industry Aerospace & Defense
Employees 116,000

Related Articles LMT

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of LMT’s competitive advantage.

Lockheed Martin Corp

XNYS: LMT

Boeing Co

XNYS: BA

Northrop Grumman Corp

XNYS: NOC

Raytheon Technologies Corp

XNYS: RTX
Price
462.69217.31454.2699.34
Currency
USDUSDUSDUSD
Change
−$1.48 (0.32%) −$0.80 (0.37%) −$1.21 (0.27%) +$0.26 (0.26%)
Market Cap
117.18 Bil130.73 Bil68.98 Bil145.15 Bil
Industry
Aerospace & Defense Aerospace & Defense Aerospace & Defense Aerospace & Defense
Sector
Industrials
Industrials
Industrials
Industrials

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Lockheed Martin Corp Stock

Yes. LMT has a forward dividend yield of 2.59%. See LMT’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

LMT’s market cap is 117.18 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

LMT’s stock style is Large Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

LMT’s price/sales is 1.83.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

LMT’s price/forward earnings is 21.20.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

LMT’s price/book is 12.21.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See LMT’s valuation ratios compared to the Market Index.

LMT’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare LMT’s historical performance against its industry peers and the overall market.