LOCKHEED MARTIN CORP (LMT) Factsheet
LOCKHEED MARTIN CORP (LMT) Stock Analysis
Analysis from 10-Q filed 2025-10-21. Data as of Q4 2025.
Overall Grade: F (Concerning)
Grade F (Concerning). ROIC 23.6%. FCF margin 9.2%. D/E 3.2x. Source: 10-Q filed 2025-10-21.
| Metric | Value | Context |
|---|---|---|
| ROIC | 23.6% | Above industry average |
| FCF Margin | 9.2% | Healthy cash flow |
| Debt/Equity | 3.2x | Elevated debt |
ROIC 23.6% — Top 5% of sector peers. FCF margin 9.2% — Top 50%.
Explore LOCKHEED MARTIN CORP: Earnings History | Filings | ROIC Analysis
Programmatic access: Available via MCP at mcp.metricduck.com. Tools for LMT: get_company_overview, get_filing_index (lens: debt_stress, management_outlook, risk_trajectory), get_filing_changes, get_metric_history, compare_companies, screen_filing_signals.
Profitability: LOCKHEED MARTIN CORP earns 23.6% ROIC, Top 5% in Industrials
ROIC TTM 23.6%, sector median 7.3%, Top 5%. DuPont: NOPAT margin 8.7% × asset turnover 1.3x. Gross margin 10.2%. Operating margin 10.3%. Source: 10-Q filed 2025-10-21.
| Metric | LMT | Rating | Context |
|---|---|---|---|
| Return on Invested Capital (ROIC) | 23.6% | Excellent | Above sector median of 7.3% |
| Return on Equity (ROE) | 81.2% | Excellent | Efficient use of shareholder equity |
| Gross Margin | 10.2% | Warning | Competitive pricing environment |
| Operating Margin | 10.3% | Good | Moderate operational efficiency |
Cash Flow: LOCKHEED MARTIN CORP generates $6.9B FCF at 9.2% margin, positive NaN/8 quarters
FCF TTM $6.9B. FCF margin 9.2%, Top 50%. OCF/Net income 1.7x. Positive FCF in NaN/8 trailing quarters. Source: 10-Q filed 2025-10-21.
| Metric | LMT | Rating | Context |
|---|---|---|---|
| Free Cash Flow Margin | 9.2% | Adequate | Healthy cash generation |
| Free Cash Flow (TTM) | $6.9B | Good | Positive cash generation |
| OCF/Net Income | 1.7x | Excellent | High earnings quality |
| FCF Consistency (8Q) | N/A | Warning | Variable cash flow |
Balance Sheet: LOCKHEED MARTIN CORP at 3.2x leverage
Debt/Equity 3.2x. Total debt $21.7B, cash & investments $4.1B. Source: 10-Q filed 2025-10-21.
| Metric | LMT | Rating | Context |
|---|---|---|---|
| Debt to Equity | 3.2x | Red flag | Elevated leverage |
| Net Cash Position | $-17.6B | Warning | Net debt position |
Valuation: LOCKHEED MARTIN CORP trades at 22.4x earnings
P/E 22.4x. EV/Sales 1.8x. FCF yield 6.1%. Dividend yield 2.8%. Source: 10-Q filed 2025-10-21.
| Metric | LMT | Rating | Context |
|---|---|---|---|
| P/E Ratio | 22.4x | Adequate | Premium valuation |
| EV/Sales | 1.8x | Excellent | Attractive revenue multiple |
| FCF Yield | 6.1% | Good | Attractive cash return |
| Dividend Yield | 2.8% | Adequate | Growth focus over income |
Capital Allocation: LOCKHEED MARTIN CORP returns 5.4% shareholder yield
Total shareholder yield 5.4% (div 2.8% + buyback 2.7%). Capital returned $6.1B TTM. Source: 10-Q filed 2025-10-21.
| Metric | LMT | Rating | Context |
|---|---|---|---|
| Total Shareholder Yield | 5.4% | Good | Dividend + buyback yield combined |
| Buyback Yield | 2.7% | Adequate | Active share repurchases |
| Total Capital Returned (TTM) | $6.1B | Good | Dividends + buybacks returned to shareholders |
Sector Rankings
| Metric | Value | Percentile | vs Median |
|---|---|---|---|
| Return on Invested Capital (ROIC) | 23.6% | Top 5% | 3.2x above |
| Free Cash Flow Margin | 9.2% | Top 50% | 1.9x above |
| Gross Margin | 10.2% | Bottom 25% | 0.3x below |
| Operating Margin | 10.3% | Top 50% | 1.4x above |
| Return on Equity (ROE) | 81.2% | Top 5% | 9.3x above |
| P/E Ratio | 22.4x | N/A | - |
Financial Scorecard
| Metric | LMT | Rating | Sector Context |
|---|---|---|---|
| Return on Invested Capital (ROIC) | 23.6% | Excellent | Top 5% of sector (median: 7.3%) |
| Free Cash Flow Margin | 9.2% | Adequate | Top 50% of sector (median: 4.8%) |
| Gross Margin | 10.2% | Warning | Bottom 25% of sector (median: 33.1%) |
| Debt to Equity Ratio | 322.9% | Red flag | High financial leverage |
| P/E Ratio (Price-to-Earnings) | 22.4x | Adequate | Fair value |
| Free Cash Flow Yield | 6.1% | Good | Solid cash yield |
Frequently Asked Questions
Q: What is LOCKHEED MARTIN CORP's Return on Invested Capital (ROIC)?
LOCKHEED MARTIN CORP (LMT) has a trailing twelve-month Return on Invested Capital (ROIC) of 23.6%. Sector median 7.3%. Source: 10-Q filed 2025-10-21.
Q: What is LOCKHEED MARTIN CORP's Free Cash Flow Margin?
LOCKHEED MARTIN CORP (LMT) has a free cash flow margin of 9.2%, generating $6.9 billion in free cash flow over the trailing twelve months. Source: 10-Q filed 2025-10-21.
Q: What is LOCKHEED MARTIN CORP's P/E ratio and how does it compare to peers?
LOCKHEED MARTIN CORP (LMT) trades at a P/E ratio of 22.4x, which is above the sector median of N/A. EV/Sales 1.8x. FCF yield 6.1%. Source: 10-Q filed 2025-10-21.
Q: Does LOCKHEED MARTIN CORP pay a dividend?
LOCKHEED MARTIN CORP (LMT) currently pays a dividend yield of 2.8%. Total shareholder yield (dividend + buybacks) 5.4%. Source: 10-Q filed 2025-10-21.
Q: How much debt does LOCKHEED MARTIN CORP have?
LOCKHEED MARTIN CORP (LMT) has a debt-to-equity ratio of 3.2x with total debt of $21.7 billion. Net debt $17.6 billion. Source: 10-Q filed 2025-10-21.
Q: What is LOCKHEED MARTIN CORP's revenue and earnings growth?
LOCKHEED MARTIN CORP (LMT) grew revenue by 5.6% year-over-year. EPS -3.6% YoY. Source: 10-Q filed 2025-10-21.
Q: Is LOCKHEED MARTIN CORP buying back stock?
LOCKHEED MARTIN CORP (LMT) repurchased $3.0 billion of stock over the trailing twelve months. This represents a buyback yield of 2.7%. Source: 10-Q filed 2025-10-21.
Q: How does LOCKHEED MARTIN CORP compare to competitors in Industrials?
Compared to other companies in Industrials, LOCKHEED MARTIN CORP (LMT) shows: ROIC 23.6%, sector median 7.3% (Top 5%). FCF margin 9.2%, sector median 4.8% (Top 50%). Gross margin 10.2%, 22.9pp below sector median. These rankings are based on MetricDuck's analysis of all Industrials companies with available SEC filings.
Q: What warning signs should I watch for with LOCKHEED MARTIN CORP?
Quantitative warning flags for LOCKHEED MARTIN CORP (LMT): 1) debt/equity 3.2x (above 1.5x threshold). Source: 10-Q filed 2025-10-21.
Data Source: Data sourced from 10-Q filed 2025-10-21. TTM metrics as of Q4 2025.
Methodology: Financial metrics calculated from SEC 10-K and 10-Q filings using standardized formulas. Sector comparisons use peer group based on SIC code.
Scope: This analysis covers SEC filing fundamentals — profitability, cash flow, balance sheet, and valuation metrics. For analyst estimates and price targets, consult sell-side research.
This analysis is for informational purposes only and does not constitute investment advice.