Lockheed Martin LMT Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 9.8%-0.3pp | 10.2%+2.0pp | 8.2%0.0pp | 8.2%-1.9pp | 10.1%+0.4pp | |
| Operating margin | 9.9%-0.4pp | 10.3%+2.0pp | 8.3%0.0pp | 8.3%-2.0pp | 10.2%+0.4pp | |
| Net margin | 6.4%-0.3pp | 6.7%+1.0pp | 5.7%-0.1pp | 5.9%-1.8pp | 7.7%+0.2pp | |
| Returns | ||||||
| Return on equity | 67.6%-9.2pp | 76.9%+14.1pp | 62.8%-10.3pp | 73.1%-9.5pp | 82.5%+1.5pp | |
| Return on invested capital | 24.4%-1.4pp | 25.9%+4.3pp | 21.6%+0.5pp | 21%-4.9pp | 26%+1.6pp | |
| Efficiency | ||||||
| Asset turnover | 1.3×0.0× | 1.3×0.0× | 1.3×0.0× | 1.3×0.0× | 1.3×0.0× | |
| Liquidity | ||||||
| Current ratio | 1.1×0.0× | 1.1×0.0× | 1.1×+0.1× | 1×-0.1× | 1.1×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 2.8×-0.6× | 3.4×-0.2× | 3.6×-0.5× | 4.1×+1.0× | 3×-0.3× | |
| Valuation | ||||||
| Market capitalization | $139.29B+24.5% | $111.92B-4.0% | $116.55B+8.1% | $107.82B+2.9% | $104.79B-9.0% | |
| Price / earnings | 29.1×+6.8× | 22.3×-5.4× | 27.7×+2.1× | 25.6×+6.6× | 19×-2.5× | |
| Price / sales | 1.9×+0.4× | 1.5×-0.1× | 1.6×+0.1× | 1.5×0.0× | 1.5×-0.2× | |
| Price / book | 18.6×+1.9× | 16.7×-2.2× | 18.9×-1.4× | 20.2×+4.5× | 15.7×-2.5× | |
| Dividend yield | 2.3%-0.5pp | 2.8%+0.1pp | 2.7%-0.2pp | 2.9%-0.1pp | 2.9%+0.3pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Lockheed Martin's profit margins?
- Lockheed Martin (LMT) runs a 9.8% gross margin and a 9.9% operating margin, with a 6.4% net margin.
- Where do Lockheed Martin's ratios come from?
- Every ratio is computed from Lockheed Martin's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
