Lockheed Martin LMT Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 36.3%-7.5pp | 36.6%-9.2pp | 36.2%-12.3pp | 40%-9.1pp | 43.7%-6.1pp | |
| Operating margin | 36.8%-7.4pp | 37.1%-9.0pp | 36.7%-12.1pp | 40.5%-8.9pp | 44.2%-6.0pp | |
| Net margin | 24.6%-9.4pp | 25.9%-10.2pp | 26.8%-12.1pp | 30.4%-9.4pp | 34%-6.7pp | |
| Returns | ||||||
| Return on equity | 280.3%-51.7pp | 295.2%-37.4pp | 299.4%-38.1pp | 317.7%-4.4pp | 332%+29.0pp | |
| Return on invested capital | 92.9%-20.6pp | 94.4%-24.5pp | 93%-32.3pp | 102.9%-23.8pp | 113.5%-14.7pp | |
| Efficiency | ||||||
| Asset turnover | 5.1×0.0× | 5.1×0.0× | 5.1×0.0× | 5.1×+0.1× | 5.1×+0.1× | |
| Liquidity | ||||||
| Current ratio | 4.3×-0.4× | 4.3×-0.7× | 4.3×-0.7× | 4.5×-0.6× | 4.7×-0.5× | |
| Leverage | ||||||
| Debt-to-equity | 13.8×+1.6× | 14.1×+2.0× | 14.1×+2.6× | 13.2×+2.5× | 12.2×+2.8× | |
| Valuation | ||||||
| Market capitalization | $475.58B+0.7% | $441.08B-7.5% | $444.34B-6.0% | $467.45B+7.9% | $472.05B+8.4% | |
| Price / earnings | 104.8×+26.5× | 94.7×+19.4× | 94×+24.2× | 87.2×+23.9× | 78.2×+15.4× | |
| Price / sales | 6.4×-0.2× | 6×-0.7× | 6.2×-0.6× | 6.5×+0.3× | 6.6×+0.2× | |
| Price / book | 74.3×+2.9× | 71.4×-0.9× | 72.9×+2.6× | 73.5×+11.7× | 71.5×+15.5× | |
| Dividend yield | 10.6%+0.1pp | 11.3%+0.9pp | 11.1%+0.7pp | 10.6%-0.7pp | 10.5%-0.8pp |
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.
