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Friday 6 November 2026 Export LMT’s income statement to Excel — free account

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.

Revenue
+11.3%
EPS
+14.6%
Free cash flow
−10.4%
Total debt
−7.62%

Quarter to September 2026, against a year earlier

577.58 17.46 −2.93%
Market cap
$133.1B
P/E
20.4×
Fwd P/E
20.8×
Dividend yield
2.39%
F-score
6/9
Altman Z
3.32
Beneish M
−2.24
Dividend safety
76/100
Overview Business Profile Earnings & Analysis
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Lockheed Martin Corporation (LMT) EV/Sales

Alert me on EV/Sales

As of 5 November 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 2.7× and above the Industrials sector median of 1.8×.

EV/Sales, daily

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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
Sep 2026 1.7× (4.18%)
Jun 2026 1.7× (17.04%)
Mar 2026 2.1× 21.14%
Dec 2025 1.7× (5.43%)
43 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
BA The Boeing Company compare 1.7×
GD General Dynamics Corporation compare 1.8×
LMT Lockheed Martin Corporation 1.9×
NOC Northrop Grumman Corporation compare 2.0×
RTX RTX Corporation compare 3.0×
HONA Honeywell Aerospace inc. compare 3.4×
GE GE Aerospace compare 6.4×
HWM Howmet Aerospace Inc. compare 8.6×
TDG Transdigm Group Incorporated compare 9.8×
Aerospace & Defense industry median 2.7×
Industrials sector median 1.8×
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 →

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