Skip to content

Lockheed Martin LMT Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin9.8%-0.3pp10.2%+2.0pp8.2%0.0pp8.2%-1.9pp10.1%+0.4pp
Operating margin9.9%-0.4pp10.3%+2.0pp8.3%0.0pp8.3%-2.0pp10.2%+0.4pp
Net margin6.4%-0.3pp6.7%+1.0pp5.7%-0.1pp5.9%-1.8pp7.7%+0.2pp
Returns
Return on equity67.6%-9.2pp76.9%+14.1pp62.8%-10.3pp73.1%-9.5pp82.5%+1.5pp
Return on invested capital24.4%-1.4pp25.9%+4.3pp21.6%+0.5pp21%-4.9pp26%+1.6pp
Efficiency
Asset turnover1.3×0.0×1.3×0.0×1.3×0.0×1.3×0.0×1.3×0.0×
Liquidity
Current ratio1.1×0.0×1.1×0.0×1.1×+0.1×-0.1×1.1×0.0×
Leverage
Debt-to-equity2.8×-0.6×3.4×-0.2×3.6×-0.5×4.1×+1.0×-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 / earnings29.1×+6.8×22.3×-5.4×27.7×+2.1×25.6×+6.6×19×-2.5×
Price / sales1.9×+0.4×1.5×-0.1×1.6×+0.1×1.5×0.0×1.5×-0.2×
Price / book18.6×+1.9×16.7×-2.2×18.9×-1.4×20.2×+4.5×15.7×-2.5×
Dividend yield2.3%-0.5pp2.8%+0.1pp2.7%-0.2pp2.9%-0.1pp2.9%+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.