Lockheed Martin Corp.

Lockheed Martin Corp.

LMT

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Market Cap$122.3B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Lockheed Martin Corp.Lockheed Martin Corp.25.42.55%64%1.6-

Earnings Call Q1 2026

April 23, 2026 - AI Summary

Solid Financial Performance: Lockheed Martin reported first-quarter 2026 sales of $18 billion, consistent with the previous year’s first quarter. However, segment operating profit decreased 12% to $1.8 billion, primarily due to nonrecurring events in the prior year and unfavorable performance adjustments associated with classified programs. Earnings per share dropped 12% to $6.44.
Growth in Defense Contracts: The company secured significant contracts, including a $1.5 billion deal to supply 12 F-16 fighters to the Peruvian Air Force, and $7 billion in new orders for PAC-3 contracts. These contracts illustrate strong and growing demand for Lockheed Martin's missile defense capabilities and its role in enhancing defense production capacity.
Challenges in Aeronautics and RMS: The Aeronautics segment faced a decline in sales (down 1% YoY) due to lifecycle timing on classified programs and losses on the F-16 program. Similarly, RMS saw an 8% YoY decrease in sales attributed to lower production levels and cost challenges within the Sikorsky programs.

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$642.00

Target Price by Analysts

25.4% upsideLockheed Martin Target Price DetailsTarget Price
$1005.04

Current Fair Value

96.3% upside

Undervalued by 96.3% based on the discounted cash flow analysis.

Share Statistics

Market cap$122.30 Billion
Enterprise Value$120.58 Billion
Dividend Yield$13.50 (2.55%)
Earnings per Share$21.56
Beta0.1
Outstanding Shares229,900,000

Return

Return on Equity64.00%ROE
Return on Assets8.09%
Return on Invested Capital18.30%

Valuation & Multiples

P/E Ratio25.44P/E Ratio
PEG-194.46PEG
Price to Sales1.57Price to Sales
Price to Book Ratio16.0Price to Book Ratio
Enterprise Value to Revenue1.61
Enterprise Value to EBIT17.73
Enterprise Value to Net Income25
Total Debt to Enterprise0
Debt to Equity0.02Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
April 28, 2026
EPS Estimate
$6.79
Average shareholder expectation
Revenue Estimate
$18.38 B
Average shareholder expectation

Next Earnings Call

Expected Date
July 28, 2026
EPS Estimate
$7.20
Average shareholder expectation
Revenue Estimate
$19.35 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.8666 32.49%
Total Calls3,152,239 30.63%
Total Puts2,731,801 10.97%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %75.00% 0.89%
Total Invested$104.05B 25.93%
Investors Holding2,953 165.00%

ESG Score

No data

About Lockheed Martin Corp.

CEO: James Taiclet

Relevant Senate Committees

Joint Committee on Taxation

Provides official revenue estimates and technical analysis for all tax legislation, directly influencing corporate tax structures and the overall tax burden on LMT.

Finance

Controls taxation and trade policy, directly impacting LMT's corporate tax burden, R&D incentives, international sales, and supply chain costs.

Appropriations

Directly allocates discretionary federal spending, determining the precise funding for defense programs and projects, which are LMT's direct revenue streams.

Armed Services

Directly oversees the Department of Defense and authorizes the annual National Defense Authorization Act (NDAA), which determines funding and procurement for LMT's primary products and services.

Budget

Sets the overall spending ceilings and budgetary framework, which directly influences the appropriations available for defense programs, a primary revenue source for LMT.

Select Committee on Intelligence

Oversees the Intelligence Community, which is a key customer for LMT's advanced defense and cybersecurity systems. Members would possess non-public information directly impacting LMT's contracts and R&D focus.

Foreign Relations

U.S. foreign policy, arms sales to allies, and geopolitical treaties directly influence demand for LMT's defense products and international revenue streams.

Homeland Security and Governmental Affairs

Regulates government procurement and efficiency, directly impacting LMT's primary business as a federal contractor, especially for security-related agencies.