Lockheed Martin Corporation LMT
519.56
(4.14)
(0.79%)
as of 25 Sep
- Market cap
- $120.7B
- P/E
- 19.1×
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Lockheed Martin Corporation (LMT) P/E ratio
As of 25 September 2026, Lockheed Martin Corporation (LMT) trades at a P/E ratio of 19.1×. Over the past ten years it has ranged from 12.5× (March 2020) to 52.2× (February 2018); the current reading is higher than 56% of that period. That is below the Aerospace & Defense industry median of 33.0× and below the Industrials sector median of 24.8×.
P/E ratio, daily
Annual
| 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
| 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 | Free account |
Against its own ten years
Low 12.5×
High 52.2×
Ten-year median
18.4×
Current reading's percentile
56
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| RKLB Rocket Lab Corporation compare | n/m |
| NOC Northrop Grumman Corporation compare | 16.2× |
| LMT Lockheed Martin Corporation | 19.1× |
| GD General Dynamics Corporation compare | 20.3× |
| LHX L3Harris Technologies Inc compare | 23.9× |
| RTX RTX Corporation compare | 32.9× |
| TDG Transdigm Group Incorporated compare | 33.9× |
| HWM Howmet Aerospace Inc. compare | 49.9× |
| BA The Boeing Company compare | 74.2× |
| Aerospace & Defense industry median | 33.0× |
| Industrials sector median | 24.8× |
| Market median | 17.9× |
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)
More on LMT
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement