Lockheed Martin Corporation (LMT) vs Northrop Grumman Corporation (NOC)
Lockheed Martin Corporation and Northrop Grumman Corporation are both Aerospace & Defense companies. Lockheed Martin Corporation is the larger, with a market value of $120.7B against $72.4B — 1.7× the size. Northrop Grumman Corporation trades at the lower P/E: 16.2× against 19.1×. Lockheed Martin Corporation grew revenue faster over the last twelve months: 7.20% against 5.90%. Northrop Grumman Corporation has the higher net margin (10.5% vs 8.16%) and the lower return on invested capital (9.58% vs 22.4%). Both pay a dividend; Lockheed Martin Corporation yields more (2.99% vs 1.73%). Across the 23 metrics below, Lockheed Martin Corporation leads on 14 and Northrop Grumman Corporation on 9.
Valuation
Profitability
| Metric | LMT | NOC | Aerospace & Defense median |
|---|---|---|---|
| Gross margin | 11.80% | 20.06% | 25.48% |
| Operating margin | 11.88% | 10.72% | 4.54% |
| Net margin | 8.16% | 10.48% | 2.22% |
| Free cash flow margin | 11.33% | 8.50% | 0.00% |
| Return on equity | 89.16% | 26.96% | 6.43% |
| Return on assets | 10.36% | 8.97% | 2.70% |
| Return on invested capital | 22.42% | 9.58% | 1.56% |
Growth
Health
Dividend
Size
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