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Saturday 17 October 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. 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
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Lockheed Martin Corporation (LMT) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Lockheed Martin Corporation (LMT) trades at a P/E ratio of 20.3×. Over the past ten years it has ranged from 12.5× (March 2020) to 52.2× (February 2018); the current reading is higher than 65% of that period. That is below the Aerospace & Defense industry median of 31.8× and below the Industrials sector median of 24.7×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 22.4× 3.18%
FY2024 21.7× 31.75%
FY2023 16.5× (24.70%)
FY2022 21.9× 40.83%
FY2021 15.6× 6.96%
FY2020 14.5× (17.50%)
FY2019 17.6× 19.48%
FY2018 14.8× (67.94%)
FY2017 46.0× 216.01%
FY2016 14.6× (22.12%)

Quarterly newest first

Period P/E ratio Change
Jun 2026 18.7× (35.88%)
Mar 2026 29.2× 29.96%
Dec 2025 22.4× (19.25%)
Sep 2025 27.8× 6.89%
42 more quarters

Against its own ten years

Low 12.5× High 52.2×
Ten-year median 18.4×
Current reading's percentile 61

P/E ratio against peers

Company P/E ratio
NOC Northrop Grumman Corporation compare 16.5×
LMT Lockheed Martin Corporation 20.3×
GD General Dynamics Corporation compare 20.7×
LHX L3Harris Technologies Inc compare 25.0×
RTX RTX Corporation compare 33.7×
TDG Transdigm Group Incorporated compare 34.6×
GE GE Aerospace compare 36.7×
HWM Howmet Aerospace Inc. compare 47.4×
BA The Boeing Company compare 71.2×
Aerospace & Defense industry median 31.8×
Industrials sector median 24.7×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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