Lockheed Martin Corporation

LMT Industrials Aerospace & Defense

Lockheed Martin Corporation’s revenue for fiscal 2025 (year ended December 2025) was $75.0 billion, up 5.64% from fiscal 2024. In the quarter to June 2026, revenue grew 10.5%, EPS grew 446.6%, free cash flow grew 2,044.7% and total debt fell 5.08%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years, revenue growth for three.

552.09 19.45 +3.65%
Market cap
$122.9B
P/E
20.3×
Fwd P/E
17.5×
Dividend yield
2.50%
F-score
6/9
Altman Z
3.32
Beneish M
−2.24
Dividend safety
76/100

Lockheed Martin Corporation (LMT) EV/Sales

Alert me on EV/Sales

As of 16 October 2026, Lockheed Martin Corporation (LMT) trades at a EV/Sales of 1.9×. Over the past ten years it has ranged from 1.5× (March 2020) to 2.3× (March 2026); the current reading is higher than 44% of that period. That is below the Aerospace & Defense industry median of 3.4× and in line with the Industrials sector median of 1.9×.

EV/Sales, daily

Embed this chart

Annual newest first

Period EV/Sales Change
FY2025 1.7× (7.79%)
FY2024 1.9× (2.40%)
FY2023 1.9× (8.49%)
FY2022 2.1× 31.42%
FY2021 1.6× (3.35%)
FY2020 1.7× (18.03%)
FY2019 2.0× 23.78%
FY2018 1.6× (20.82%)
FY2017 2.1× 9.92%
FY2016 1.9× (6.71%)

Quarterly newest first

Period EV/Sales Change
Jun 2026 1.7× (17.04%)
Mar 2026 2.1× 21.14%
Dec 2025 1.7× (5.43%)
Sep 2025 1.8× 2.52%
42 more quarters

Against its own ten years

Low 1.5× High 2.3×
Ten-year median 1.9×
Current reading's percentile 40

EV/Sales against peers

Company EV/Sales
GD General Dynamics Corporation compare 1.8×
LMT Lockheed Martin Corporation 1.9×
BA The Boeing Company compare 1.9×
NOC Northrop Grumman Corporation compare 2.0×
LHX L3Harris Technologies Inc compare 2.4×
RTX RTX Corporation compare 3.1×
GE GE Aerospace compare 6.7×
TDG Transdigm Group Incorporated compare 9.5×
HWM Howmet Aerospace Inc. compare 10.1×
Aerospace & Defense industry median 3.4×
Industrials sector median 1.9×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

More on LMT