Lockheed Martin Corporation (NYSE:LMT)

Stock Price: $426.41

-1.72 (-0.4%)

Updated Aug 5, 2022 08:04 PM GMT+0000

Featured app

Invest now

68% of retail CFD accounts lose money

Overview

Financials

Statistics

Profile

Chart

Market Cap	113.06B
Revenue	64.17B
Gross Profit	8.59B
Shares Out	265.15M
EPS (ttm)	17.31
PE Ratio	24.0305
Forward PE	19.6520
Dividend Rate (ttm)	10.9419
Dividend Yield	0.0257

Trading Day	Aug 5
Last Price	$426.41
Previous Close	$428.13
Change ($)	-1.72
Change (%)	-0.4%
Day's Open	425.26
Day's Range	419.53 - 427.843
Day's Volume	0.93M
52 Week Range	319.37 - 479.99

About

Country

United States

Industry

Guided Missile and Space Vehicle Manufacturing

Sector

Manufacturing

Employees

114,000

CEO

James Taiclet

Address

6801 Rockledge Dr
Bethesda
Maryland
20817-1803

Phone

13018976000

Website

www.lockheedmartin.com

Ticker Symbol

LMT

Exchange

New York Stock Exchange

Reporting Currency

USD

News

Sell Lockheed Martin to buy later at lower valuations June 13, 2022

Lockheed misses on Q1 revenue: CEO expects the hit to be temporary April 19, 2022

Raytheon and Lockheed RSI show varying levels of investor accumulation. Which arm maker is better? April 15, 2022

These two defense stocks moved in opposite directions on Wednesday March 16, 2022

Lockheed Martin is a key beneficiary of the ongoing Ukraine war. Best to buy now? March 15, 2022

Best 4 military industrial complex stocks as Russia invades Ukraine February 24, 2022

Lockheed Martin to acquire Aerojet Rocketdyne for £3.30 billion December 21, 2020

Lockheed Martin reports an 8.7% annualised growth in third-quarter sales October 20, 2020

Lockheed Martin’s sales come in 12.4% higher in the second quarter July 21, 2020

Lockheed Martin records stronger than expected profit in the first quarter April 21, 2020

Lockheed Martin Corporation earnings reports (2020)

	Q3 2020	Q2 2020	Q1 2020
Actual EPS	6.25	5.79	6.08
Consensus EPS	6.09	5.72	5.81
Announce Time	BTO	BTO	BTO
Number of Estimates	20	19	18
EPS Surprise Dollar	0.16	0.07	0.27
EPS Report Date	20-10-2020	21-07-2020	21-04-2020
Fiscal End Date	30-09-2020	30-06-2020	31-03-2020
Year Ago	5.66	5	5.99
Year Ago % Change	10.42%	15.8%	1.5%

Lockheed Martin Corporation earnings reports (2019)

	Q4 2019	Q3 2019	Q2 2019
Actual EPS	5.29	5.66	5
Consensus EPS	5.03	5.02	4.77
Announce Time	BTO	BTO	BTO
Number of Estimates	19	19	18
EPS Surprise Dollar	0.26	0.64	0.23
EPS Report Date	28-01-2020	22-10-2019	23-07-2019
Fiscal End Date	31-12-2019	30-09-2019	30-06-2019
Year Ago	4.39	5.14	4.05
Year Ago % Change	20.5%	10.12%	23.46%

Lockheed Martin Corporation income statements (2021) (USD)

	October 2021
Total Revenue	16.03B
Cost of Revenue	13.73B
Gross Profit	2.30B
Research & Development	0
Selling General & Admin	0
Operating Expense	13.73B
Operating Income	2.30B
Other Income Expense Net	0
EBIT	2.30B
Interest Income	141M
Pretax Income	679M
Income Tax	65M
Minority Interest	0
Net Income	614M
Net Income Basic	614M

Lockheed Martin Corporation income statements (2020) (USD)

	October 2020	September 2020	June 2020	March 2020
Total Revenue	16.50B	16.50B	16.22B	15.65B
Cost of Revenue	14.36B	14.36B	14.01B	13.56B
Gross Profit	2.14B	2.14B	2.21B	2.09B
Research & Development	0	N.A	N.A	N.A
Selling General & Admin	0	N.A	N.A	N.A
Operating Expense	14.36B	N.A	N.A	N.A
Operating Income	2.14B	2.14B	2.21B	2.09B
Other Income Expense Net	0	-80M	-251M	-61M
EBIT	2.14B	2.14B	2.21B	2.09B
Interest Income	145M	145M	149M	148M
Pretax Income	2.06B	2.06B	1.96B	2.03B
Income Tax	303M	303M	336M	313M
Minority Interest	0	0	0	0
Net Income	1.70B	1.70B	1.63B	1.72B
Net Income Basic	1.70B	1.70B	1.63B	1.72B

Lockheed Martin Corporation income statements (2019) (USD)

	December 2019	September 2019	June 2019	March 2019
Total Revenue	15.88B	15.17B	14.43B	14.34B
Cost of Revenue	13.76B	13.11B	12.43B	12.15B
Gross Profit	2.12B	2.06B	1.99B	2.19B
Research & Development	N.A	N.A	N.A	N.A
Selling General & Admin	N.A	N.A	N.A	N.A
Operating Expense	N.A	N.A	N.A	N.A
Operating Income	2.12B	2.06B	1.99B	2.19B
Other Income Expense Net	-291M	-282M	-310M	-243M
EBIT	2.12B	2.06B	1.99B	2.19B
Interest Income	157M	162M	163M	171M
Pretax Income	1.83B	1.78B	1.68B	1.95B
Income Tax	334M	173M	263M	241M
Minority Interest	0	0	0	0
Net Income	1.50B	1.61B	1.42B	1.70B
Net Income Basic	1.50B	1.61B	1.42B	1.70B

Lockheed Martin Corporation income statements (2018) (USD)

	December 2018	September 2018	June 2018	March 2018
Total Revenue	14.41B	14.32B	13.40B	11.64B
Cost of Revenue	12.47B	12.40B	11.55B	9.98B
Gross Profit	1.94B	1.92B	1.85B	1.66B
Research & Development	N.A	N.A	N.A	N.A
Selling General & Admin	N.A	N.A	N.A	N.A
Operating Expense	N.A	N.A	N.A	N.A
Operating Income	1.94B	1.92B	1.85B	1.66B
Other Income Expense Net	-459M	-346M	-429M	-298M
EBIT	1.94B	1.92B	1.85B	1.66B
Interest Income	171M	177M	165M	155M
Pretax Income	1.48B	1.58B	1.42B	1.36B
Income Tax	230M	102M	257M	203M
Minority Interest	0	0	0	0
Net Income	1.25B	1.47B	1.16B	1.16B
Net Income Basic	1.25B	1.47B	1.16B	1.16B

Lockheed Martin Corporation income statements (2017) (USD)

	December 2017	September 2017	June 2017
Total Revenue	15.14B	12.17B	12.69B
Cost of Revenue	13.52B	10.82B	11.26B
Gross Profit	1.62B	1.35B	1.43B
Research & Development	N.A	N.A	N.A
Selling General & Admin	N.A	N.A	N.A
Operating Expense	N.A	N.A	N.A
Operating Income	1.62B	1.35B	1.43B
Other Income Expense Net	73M	-92M	-102M
EBIT	1.62B	1.35B	1.43B
Interest Income	174M	162M	160M
Pretax Income	1.69B	1.26B	1.32B
Income Tax	2.41B	320M	381M
Minority Interest	0	0	0
Net Income	-642M	0.94B	0.94B
Net Income Basic	-642M	0.94B	0.94B

Lockheed Martin Corporation balance sheet (2021) (USD)

	October 2021
Current Cash	2.73B
Receivables	2.27B
Inventory	2.90B
Current Assets	21.36B
Other Current Assets	13.46B
Short Term Investments	13.46B
Long Term Investments	30.49B
Property/Plant Equipment	7.33B
Good Will	N.A
Intangible Assets	2.77B
Tangible Assets (Net)	-3.95B
Other Assets	6.91B
Total Assets	51.84B
Accounts Payable	1.52B
Other Current Liabilities	13.50B
Total Current Liabilities	15.03B
Total Liabilities	42.21B
Long Term Debt	11.67B
Current Long Term Debt	6M
Minority Interest	0
Common Stock	276.20M
Treasury Stock	0
Retained Earnings	21.48B
Capital Surplus	N.A
Shareholder Equity	9.63B
Other Liabilities	N.A

Lockheed Martin Corporation balance sheet (2020) (USD)

	October 2020	September 2020	June 2020	March 2020
Current Cash	3.59B	3.59B	2.86B	1.99B
Receivables	2.48B	12.87B	12.66B	13.08B
Inventory	3.29B	3.29B	3.52B	3.54B
Current Assets	20.29B	20.29B	19.57B	19.22B
Other Current Assets	10.93B	544M	538M	614M
Short Term Investments	10.93B	N.A	N.A	N.A
Long Term Investments	30.48B	N.A	N.A	N.A
Property/Plant Equipment	6.80B	6.80B	6.66B	6.61B
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	3.01B	3.01B	3.08B	3.14B
Tangible Assets (Net)	-8.65B	-5.64B	-6.83B	-7.12B
Other Assets	6.88B	6.19B	5.89B	5.85B
Total Assets	50.77B	50.77B	49.60B	49.25B
Accounts Payable	1.49B	1.49B	1.45B	3.17B
Other Current Liabilities	12.71B	12.71B	12.94B	11.24B
Total Current Liabilities	15.20B	15.20B	14.89B	15.65B
Total Liabilities	45.82B	45.79B	45.82B	45.76B
Long Term Debt	11.68B	11.68B	12.17B	11.44B
Current Long Term Debt	1B	1B	500M	1.25B
Minority Interest	33M	0	0	0
Common Stock	368M	279.78M	279.54M	280.44M
Treasury Stock	0	N.A	N.A	N.A
Retained Earnings	19.84B	19.84B	18.88B	18.71B
Capital Surplus	N.A	90M	N.A	N.A
Shareholder Equity	4.95B	4.95B	3.75B	3.45B
Other Liabilities	N.A	N.A	N.A	N.A

Lockheed Martin Corporation balance sheet (2019) (USD)

	December 2019	September 2019	June 2019	March 2019
Current Cash	1.51B	2.54B	1.17B	0.99B
Receivables	11.43B	13.39B	12.93B	13.33B
Inventory	3.62B	3.47B	3.60B	3.29B
Current Assets	17.10B	19.80B	18.10B	18.03B
Other Current Assets	531M	402M	400M	425M
Short Term Investments	N.A	N.A	N.A	N.A
Long Term Investments	1.80B	N.A	N.A	N.A
Property/Plant Equipment	7.59B	7.22B	7.14B	6.14B
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	3.72B	3.28B	3.35B	3.43B
Tangible Assets (Net)	-25.26B	-6.87B	-7.93B	-8.3B
Other Assets	2.69B	4.58B	4.60B	6.15B
Total Assets	47.53B	49.28B	47.84B	47.68B
Accounts Payable	1.28B	2.90B	2.61B	3.10B
Other Current Liabilities	11.20B	11.45B	11.37B	11.01B
Total Current Liabilities	13.97B	15.52B	15.13B	15.40B
Total Liabilities	44.36B	45.34B	44.94B	45.16B
Long Term Debt	12.26B	13.47B	13.45B	12.62B
Current Long Term Debt	1.25B	0.90B	0.90B	1.30B
Minority Interest	0	0	0	0
Common Stock	281M	282.07M	282.40M	282.54M
Treasury Stock	N.A	N.A	N.A	N.A
Retained Earnings	18.40B	17.27B	16.41B	16.28B
Capital Surplus	N.A	N.A	N.A	N.A
Shareholder Equity	3.13B	3.89B	2.85B	2.47B
Other Liabilities	N.A	N.A	N.A	N.A

Lockheed Martin Corporation balance sheet (2018) (USD)

	December 2018	September 2018	June 2018	March 2018
Current Cash	772M	897M	1.18B	2.39B
Receivables	11.92B	12.19B	11.76B	11.78B
Inventory	3B	3.05B	3.04B	3.20B
Current Assets	16.10B	16.86B	16.50B	17.82B
Other Current Assets	418M	727M	522M	449M
Short Term Investments	N.A	N.A	N.A	N.A
Long Term Investments	1.30B	N.A	N.A	N.A
Property/Plant Equipment	6.12B	5.90B	5.79B	5.75B
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	3.94B	3.57B	3.65B	3.73B
Tangible Assets (Net)	-27.16B	-9.85B	-10.37B	-10.99B
Other Assets	2.68B	5.34B	5.36B	5.45B
Total Assets	44.88B	45.50B	45.13B	46.63B
Accounts Payable	2.40B	2.69B	2.68B	2.72B
Other Current Liabilities	10.50B	11.27B	10.46B	10.51B
Total Current Liabilities	14.40B	15.20B	13.88B	13.97B
Total Liabilities	43.43B	44.49B	44.65B	46.75B
Long Term Debt	12.60B	13.49B	13.48B	13.47B
Current Long Term Debt	1.50B	1.24B	750M	750M
Minority Interest	0	0	0	0
Common Stock	283M	284.43M	284.78M	285.53M
Treasury Stock	N.A	N.A	N.A	N.A
Retained Earnings	15.43B	14.74B	14.53B	14.12B
Capital Surplus	N.A	N.A	N.A	N.A
Shareholder Equity	1.39B	0.94B	416M	-182M
Other Liabilities	N.A	N.A	N.A	N.A

Lockheed Martin Corporation balance sheet (2017) (USD)

	December 2017	September 2017	June 2017
Current Cash	2.86B	2.94B	2.45B
Receivables	8.60B	9.02B	8.76B
Inventory	4.49B	4.80B	4.94B
Current Assets	17.46B	17.21B	16.57B
Other Current Assets	1.51B	443M	411M
Short Term Investments	N.A	N.A	N.A
Long Term Investments	2.80B	N.A	N.A
Property/Plant Equipment	5.78B	5.51B	5.53B
Good Will	N.A	N.A	N.A
Intangible Assets	4.22B	3.88B	3.94B
Tangible Assets (Net)	-29.22B	-8.71B	-9.52B
Other Assets	1.55B	5.57B	5.56B
Total Assets	46.52B	48.95B	48.71B
Accounts Payable	1.47B	2.85B	2.55B
Other Current Liabilities	10.42B	10.24B	11.09B
Total Current Liabilities	12.64B	13.08B	13.64B
Total Liabilities	47.13B	46.77B	47.36B
Long Term Debt	13.51B	14.27B	14.28B
Current Long Term Debt	750M	N.A	N.A
Minority Interest	0	0	0
Common Stock	285M	286.73M	287.99M
Treasury Stock	N.A	N.A	N.A
Retained Earnings	11.57B	13.17B	12.62B
Capital Surplus	N.A	N.A	N.A
Shareholder Equity	-683M	2.10B	1.27B
Other Liabilities	N.A	N.A	N.A

Lockheed Martin Corporation cash flow (2021) (USD)

	October 2021
Net Income	614M
Depreciation	329M
Changes in Receivables	2.27B
Changes in Inventories	2.90B
Cash Change	2.73B
Cash Flow	1.94B
Capital Expenditures	-316M
Investments	N.A
Investing Activity (other)	N.A
Total Investing Cash Flows	-230M
Dividends Paid	N.A
Net Borrowings	-4.51B
Other Financing Cash Flows	N.A
Cash Flow Financing	-1.73B
Exchange Rate Effect	N.A

Lockheed Martin Corporation cash flow (2020) (USD)

	October 2020	September 2020	June 2020	March 2020
Net Income	1.70B	1.70B	1.63B	1.72B
Depreciation	0.93B	319M	307M	301M
Changes in Receivables	-355M	-212M	425M	-1.65B
Changes in Inventories	-228M	228M	18M	80M
Cash Change	730M	730M	867M	474M
Cash Flow	6.38B	1.88B	2.18B	2.31B
Capital Expenditures	-1.04B	-408M	-343M	-293M
Investments	N.A	N.A	N.A	N.A
Investing Activity (other)	N.A	N.A	2M	-2M
Total Investing Cash Flows	-1.02B	-385M	-337M	-295M
Dividends Paid	N.A	-672M	-671M	-693M
Net Borrowings	-1.84B	N.A	-19M	N.A
Other Financing Cash Flows	N.A	-8M	-29M	-96M
Cash Flow Financing	-3.29B	-765M	-0.98B	-1.55B
Exchange Rate Effect	N.A	N.A	N.A	N.A

Lockheed Martin Corporation cash flow (2019) (USD)

	December 2019	September 2019	June 2019	March 2019
Net Income	1.50B	1.61B	1.42B	1.70B
Depreciation	322M	302M	288M	277M
Changes in Receivables	1.96B	-454M	396M	-1.41B
Changes in Inventories	-145M	125M	-314M	-288M
Cash Change	-1.03B	1.37B	176M	219M
Cash Flow	1.49B	2.49B	1.67B	1.66B
Capital Expenditures	-643M	-308M	-249M	-284M
Investments	N.A	N.A	N.A	N.A
Investing Activity (other)	N.A	N.A	N.A	N.A
Total Investing Cash Flows	-438M	-295M	-251M	-257M
Dividends Paid	-675M	-621M	-622M	-638M
Net Borrowings	-0.9B	N.A	-400M	-200M
Other Financing Cash Flows	-12M	8M	N.A	-68M
Cash Flow Financing	-2.08B	-823M	-1.24B	-1.19B
Exchange Rate Effect	N.A	N.A	N.A	N.A

Lockheed Martin Corporation cash flow (2018) (USD)

	December 2018	September 2018	June 2018	March 2018
Net Income	1.25B	1.47B	1.16B	1.16B
Depreciation	304M	291M	287M	279M
Changes in Receivables	269M	-422M	15M	-3.18B
Changes in Inventories	53M	-12M	158M	-318M
Cash Change	-125M	-284M	-1.21B	-468M
Cash Flow	2.22B	361M	-72M	632M
Capital Expenditures	-459M	-339M	-264M	-216M
Investments	N.A	N.A	N.A	N.A
Investing Activity (other)	N.A	N.A	N.A	N.A
Total Investing Cash Flows	-402M	-344M	-243M	-86M
Dividends Paid	-622M	-569M	-570M	-586M
Net Borrowings	-640M	490M	N.A	N.A
Other Financing Cash Flows	-12M	-6M	16M	-161M
Cash Flow Financing	-1.94B	-301M	-897M	-1.01B
Exchange Rate Effect	N.A	N.A	N.A	N.A

Lockheed Martin Corporation cash flow (2017) (USD)

	December 2017	September 2017	June 2017
Net Income	-642M	0.94B	0.94B
Depreciation	315M	299M	296M
Changes in Receivables	418M	-259M	107M
Changes in Inventories	316M	138M	133M
Cash Change	-80M	489M	236M
Cash Flow	1.51B	1.75B	1.54B
Capital Expenditures	-507M	-222M	-278M
Investments	N.A	N.A	N.A
Investing Activity (other)	N.A	N.A	N.A
Total Investing Cash Flows	-492M	-216M	-273M
Dividends Paid	-572M	-522M	-525M
Net Borrowings	N.A	N.A	N.A
Other Financing Cash Flows	-36M	-45M	-23M
Cash Flow Financing	-1.1B	-1.05B	-1.04B
Exchange Rate Effect	N.A	N.A	N.A

Lockheed Martin Corporation dividends (USD)

Ex date	Payment date	Record date	Declared date	Amount	Description	Frequency
30-11-2021	27-12-2021	01-12-2021	N.A	2.80	Ordinary Shares	Quarterly
30-11-2020	24-12-2020	01-12-2020	N.A	2.60	Ordinary Shares	Quarterly
31-08-2020	25-09-2020	01-09-2020	N.A	2.40	Ordinary Shares	Quarterly
29-05-2020	26-06-2020	01-06-2020	N.A	2.40	Ordinary Shares	Quarterly
28-02-2020	27-03-2020	02-03-2020	N.A	2.40	Ordinary Shares	Quarterly
29-11-2019	27-12-2019	02-12-2019	N.A	2.40	Ordinary Shares	Quarterly
30-08-2019	27-09-2019	03-09-2019	N.A	2.20	Ordinary Shares	Quarterly
31-05-2019	28-06-2019	03-06-2019	N.A	2.20	Ordinary Shares	Quarterly
28-02-2019	29-03-2019	01-03-2019	N.A	2.20	Ordinary Shares	Quarterly
30-11-2018	28-12-2018	03-12-2018	N.A	2.20	Ordinary Shares	Quarterly
31-08-2018	28-09-2018	04-09-2018	N.A	2.00	Ordinary Shares	Quarterly
31-05-2018	22-06-2018	01-06-2018	N.A	2.00	Ordinary Shares	Quarterly
28-02-2018	23-03-2018	01-03-2018	N.A	2.00	Ordinary Shares	Quarterly
30-11-2017	29-12-2017	01-12-2017	N.A	2.00	Ordinary Shares	Quarterly
30-08-2017	22-09-2017	01-09-2017	N.A	1.82	Ordinary Shares	Quarterly
30-05-2017	23-06-2017	01-06-2017	N.A	1.82	Ordinary Shares	Quarterly
27-02-2017	24-03-2017	01-03-2017	N.A	1.82	Ordinary Shares	Quarterly
29-11-2016	30-12-2016	01-12-2016	N.A	1.82	Ordinary Shares	Quarterly
30-08-2016	23-09-2016	01-09-2016	N.A	1.65	Ordinary Shares	Quarterly
27-05-2016	24-06-2016	01-06-2016	N.A	1.65	Ordinary Shares	Quarterly
26-02-2016	24-03-2016	01-03-2016	N.A	1.65	Ordinary Shares	Quarterly
27-11-2015	24-12-2015	01-12-2015	N.A	1.65	Ordinary Shares	Quarterly
28-08-2015	25-09-2015	01-09-2015	N.A	1.50	Ordinary Shares	Quarterly
28-05-2015	26-06-2015	01-06-2015	N.A	1.50	Ordinary Shares	Quarterly

Lockheed Martin Corporation (NYSE:LMT)

About

News

Lockheed Martin Corporation earnings reports (2020)

Lockheed Martin Corporation earnings reports (2019)

Lockheed Martin Corporation income statements (2021) (USD)

Lockheed Martin Corporation income statements (2020) (USD)

Lockheed Martin Corporation income statements (2019) (USD)

Lockheed Martin Corporation income statements (2018) (USD)

Lockheed Martin Corporation income statements (2017) (USD)

Lockheed Martin Corporation balance sheet (2021) (USD)

Lockheed Martin Corporation balance sheet (2020) (USD)

Lockheed Martin Corporation balance sheet (2019) (USD)

Lockheed Martin Corporation balance sheet (2018) (USD)

Lockheed Martin Corporation balance sheet (2017) (USD)

Lockheed Martin Corporation cash flow (2021) (USD)

Lockheed Martin Corporation cash flow (2020) (USD)

Lockheed Martin Corporation cash flow (2019) (USD)

Lockheed Martin Corporation cash flow (2018) (USD)

Lockheed Martin Corporation cash flow (2017) (USD)

Lockheed Martin Corporation dividends (USD)

Total Valuation

Important Dates

Share Statistics

Valuation Ratios

Stock Price Statistics

Income Statement

About

Company Description