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Lockheed Martin LMT Price / earnings

Price / earnings at other companies

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BoeingBA
70.1×
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21.3×+2.9×
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33×+2.2×
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30.3×0.0×
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TextronTXT
17.7×+0.7×
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Kratos Defense & Security SolutionsKTOS
447.9×+215×

Other financials

Income statement

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Revenue$20.1B+10.5%
Gross profit$2.4B+233%
Operating income$2.5B+231%
Net income$1.8B+437%
EPS (diluted)$7.94+444%

Balance sheet

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Cash & equivalents$3.8B+193%
Total debt$20.5B-5.1%
Total equity$8.8B+64.4%
Total assets$62.5B+6.1%

Cash flow

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Operating cash flow$3.2B+1,509%
CapEx$318.0M-9.4%
Free cash flow$2.9B

Valuation

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Market cap$134.49B+36.0%
Enterprise value$151.24B+26.8%
P/S1.8×+0.4×

Profitability

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Gross margin11.8%+3.6pp
Operating margin11.9%+3.6pp
Net margin8.2%+2.3pp
FCF margin11.3%+6.5pp

Returns & leverage

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Return on equity89.2%+16.1pp
Debt / equity2.3×-1.7×
Current ratio1.2×+0.2×

Where this comes from

Calculated from Lockheed Martin’s reported figures.

Based on the most recent quarter.

The source filing: Lockheed Martin’s 10-Q, filed July 23, 2026. Open the filing →

Filed
Jul 23, 2026, 4:38 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-049411

FAQ

What is Lockheed Martin's price / earnings?
Lockheed Martin (LMT) reported price / earnings of 18.7× in Q2 2026.
How has Lockheed Martin's price / earnings changed year-over-year?
Lockheed Martin's price / earnings decreased by 27.2% year-over-year, from 25.6× to 18.7×.
What is the long-term trend for Lockheed Martin's price / earnings?
Over 5 years (2020 to 2025), Lockheed Martin's price / earnings has grown at a 9.3% compound annual growth rate (CAGR), from 14.3× to 22.3×.
What does price / earnings mean?
Market capitalization at the quarter end divided by trailing-twelve-month net income. The price the market pays for each dollar of trailing earnings.

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