Lockheed Martin Corporation LMT

519.56 (4.14) (0.79%) as of 25 Sep
Market cap
$120.7B
P/E
19.1×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Lockheed Martin Corporation (LMT) Return on invested capital

Lockheed Martin Corporation's return on invested capital over the twelve months to 30 June 2026 was 22.4%, up 2.5 percentage points from fiscal 2025 (19.9%). Over the past ten years it has ranged from 17.1% (fiscal 2015) to 39.7% (fiscal 2017); the current reading is higher than 27% of that period. That is above the Aerospace & Defense industry median of 1.56% and above the Industrials sector median of 2.44%.

Return on invested capital, annual

Annual

Period Return on invested capital Change (points)
FY2025 19.9% 1.71
FY2024 18.2% (5.10)
FY2023 23.3% (0.16)
FY2022 23.4% (6.03)
FY2021 29.5% (6.44)
FY2020 35.9% (1.42)
FY2019 37.3% 6.31
FY2018 31.0% (8.66)
FY2017 39.7% 13.48
FY2016 26.2% 9.14

Against its own ten years

Low 17.1% High 39.7%
Ten-year median 26.2%
Current reading's percentile 27

Return on invested capital against peers

Company Return on invested capital
LMT Lockheed Martin Corporation 22.4%
HWM Howmet Aerospace Inc. compare 16.9%
TDG Transdigm Group Incorporated compare 14.3%
GD General Dynamics Corporation compare 11.8%
NOC Northrop Grumman Corporation compare 9.58%
BA The Boeing Company compare 8.99%
RTX RTX Corporation compare 6.74%
LHX L3Harris Technologies Inc compare 5.12%
RKLB Rocket Lab Corporation compare −11.5%
Aerospace & Defense industry median 1.56%
Industrials sector median 2.44%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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