LOCKHEED MARTIN CORP (LMT) Factsheet
LOCKHEED MARTIN CORP (LMT) Stock Analysis
Analysis from 10-Q filed 2025-10-21. Data as of Q1 2026.
Overall Grade: F (Concerning)
Grade F (Concerning). ROIC 22.3%. FCF margin 7.5%. D/E 2.8x. Source: 10-Q filed 2025-10-21.
| Metric | Value | Context |
|---|---|---|
| ROIC | 22.3% | Above industry average |
| FCF Margin | 7.5% | Healthy cash flow |
| Debt/Equity | 2.8x | Elevated debt |
ROIC 22.3% — Top 5% of sector peers. FCF margin 7.5% — Top 50%.
Explore LOCKHEED MARTIN CORP: Earnings History | Filings
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 22.3% ROIC, Top 5% in Industrials
ROIC TTM 22.3%, sector median 7.2%, Top 5%. DuPont: NOPAT margin 8.4% × asset turnover 1.3x. Gross margin 9.8%. Operating margin 9.9%. Source: 10-Q filed 2025-10-21.
| Metric | LMT | Rating | Context |
|---|---|---|---|
| Return on Invested Capital (ROIC) | 22.3% | Excellent | Above sector median of 7.2% |
| Return on Equity (ROE) | 75.7% | Excellent | Efficient use of shareholder equity |
| Gross Margin | 9.8% | Warning | Competitive pricing environment |
| Operating Margin | 9.9% | Adequate | Moderate operational efficiency |
Cash Flow: LOCKHEED MARTIN CORP generates $5.7B FCF at 7.5% margin, positive NaN/8 quarters
FCF TTM $5.7B. FCF margin 7.5%, Top 50%. OCF/Net income 1.5x. Positive FCF in NaN/8 trailing quarters. Source: 10-Q filed 2025-10-21.
| Metric | LMT | Rating | Context |
|---|---|---|---|
| Free Cash Flow Margin | 7.5% | Adequate | Healthy cash generation |
| Free Cash Flow (TTM) | $5.7B | Good | Positive cash generation |
| OCF/Net Income | 1.5x | Excellent | High earnings quality |
| FCF Consistency (8Q) | N/A | Warning | Variable cash flow |
Balance Sheet: LOCKHEED MARTIN CORP at 2.8x leverage
Debt/Equity 2.8x. Total debt $20.7B, cash & investments $1.9B. Source: 10-Q filed 2025-10-21.
| Metric | LMT | Rating | Context |
|---|---|---|---|
| Debt to Equity | 2.8x | Warning | Elevated leverage |
| Net Cash Position | $-18.8B | Warning | Net debt position |
Valuation: LOCKHEED MARTIN CORP trades at 29.8x earnings
P/E 29.8x. EV/Sales 2.2x. FCF yield 4.0%. Dividend yield 2.2%. Source: 10-Q filed 2025-10-21.
| Metric | LMT | Rating | Context |
|---|---|---|---|
| P/E Ratio | 29.8x | Adequate | Premium valuation |
| EV/Sales | 2.2x | Good | Attractive revenue multiple |
| FCF Yield | 4.0% | Adequate | Lower cash yield |
| Dividend Yield | 2.2% | Adequate | Growth focus over income |
Capital Allocation: LOCKHEED MARTIN CORP returns 3.8% shareholder yield
Total shareholder yield 3.8% (div 2.2% + buyback 1.6%). Capital returned $5.4B TTM. Source: 10-Q filed 2025-10-21.
| Metric | LMT | Rating | Context |
|---|---|---|---|
| Total Shareholder Yield | 3.8% | Good | Dividend + buyback yield combined |
| Buyback Yield | 1.6% | Adequate | Minimal buyback activity |
| Total Capital Returned (TTM) | $5.4B | Good | Dividends + buybacks returned to shareholders |
Sector Rankings
| Metric | Value | Percentile | vs Median |
|---|---|---|---|
| Return on Invested Capital (ROIC) | 22.3% | Top 5% | 3.1x above |
| Free Cash Flow Margin | 7.5% | Top 50% | 1.6x above |
| Gross Margin | 9.8% | Bottom 25% | 0.3x below |
| Operating Margin | 9.9% | Top 50% | 1.4x above |
| Return on Equity (ROE) | 75.7% | Top 5% | 7.8x above |
| P/E Ratio | 29.8x | N/A | - |
Financial Scorecard
| Metric | LMT | Rating | Sector Context |
|---|---|---|---|
| Return on Invested Capital (ROIC) | 22.3% | Excellent | Top 5% of sector (median: 7.2%) |
| Free Cash Flow Margin | 7.5% | Adequate | Top 50% of sector (median: 4.8%) |
| Gross Margin | 9.8% | Red flag | Bottom 25% of sector (median: 31.9%) |
| Debt to Equity Ratio | 276.4% | Warning | High financial leverage |
| P/E Ratio (Price-to-Earnings) | 29.8x | Adequate | Growth premium |
| Free Cash Flow Yield | 4.0% | Adequate | Moderate 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 22.3%. Sector median 7.2%. 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 7.5%, generating $5.7 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 29.8x, which is above the sector median of N/A. EV/Sales 2.2x. FCF yield 4.0%. 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 2.2%. Total shareholder yield (dividend + buybacks) 3.8%. 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 2.8x with total debt of $20.7 billion. Net debt $18.8 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 4.6% year-over-year. EPS -11.0% YoY. Source: 10-Q filed 2025-10-21.
Q: Is LOCKHEED MARTIN CORP buying back stock?
LOCKHEED MARTIN CORP (LMT) repurchased $2.3 billion of stock over the trailing twelve months. This represents a buyback yield of 1.6%. 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 22.3%, sector median 7.2% (Top 5%). FCF margin 7.5%, sector median 4.8% (Top 50%). Gross margin 9.8%, 22.1pp 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 2.8x (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 Q1 2026.
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.