LOCKHEED MARTIN CORP (1LMT.MI) Stock Fundamental Analysis
BIT:1LMT - Euronext Milan - US5398301094 - Common Stock - Currency: EUR
Overall 1LMT gets a fundamental rating of 5 out of 10. We evaluated 1LMT against 47 industry peers in the Aerospace & Defense industry. 1LMT has an average financial health and profitability rating. 1LMT has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year 1LMT was profitable.
In the past year 1LMT had a positive cash flow from operations.
In the past 5 years 1LMT has always been profitable.
1LMT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
1LMT has a Return On Assets of 9.71%. This is amongst the best in the industry. 1LMT outperforms 95.65% of its industry peers.
With an excellent Return On Equity value of 82.34%, 1LMT belongs to the best of the industry, outperforming 97.83% of the companies in the same industry.
The Return On Invested Capital of 1LMT (17.83%) is better than 93.48% of its industry peers.
1LMT had an Average Return On Invested Capital over the past 3 years of 18.86%. This is significantly above the industry average of 8.60%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.71% | ||
| ROE | 82.34% | ||
| ROIC | 17.83% |
ROA(3y)11.21%
ROA(5y)11.9%
ROE(3y)82.45%
ROE(5y)83.72%
ROIC(3y)18.86%
ROIC(5y)19.56%
1.3 Margins
1LMT has a better Profit Margin (7.66%) than 76.09% of its industry peers.
1LMT's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 10.29%, 1LMT is doing good in the industry, outperforming 69.57% of the companies in the same industry.
1LMT's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 10.23%, 1LMT is not doing good in the industry: 84.78% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of 1LMT has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.29% | ||
| PM (TTM) | 7.66% | ||
| GM | 10.23% |
OM growth 3Y-9.81%
OM growth 5Y-6.86%
PM growth 3Y-7.27%
PM growth 5Y-6.33%
GM growth 3Y-10.04%
GM growth 5Y-6.72%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), 1LMT is creating value.
1LMT has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, 1LMT has less shares outstanding
Compared to 1 year ago, 1LMT has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.46 indicates that 1LMT is not in any danger for bankruptcy at the moment.
1LMT's Altman-Z score of 3.46 is fine compared to the rest of the industry. 1LMT outperforms 73.91% of its industry peers.
The Debt to FCF ratio of 1LMT is 4.07, which is a neutral value as it means it would take 1LMT, 4.07 years of fcf income to pay off all of its debts.
1LMT has a better Debt to FCF ratio (4.07) than 63.04% of its industry peers.
1LMT has a Debt/Equity ratio of 2.79. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 2.79, 1LMT is not doing good in the industry: 82.61% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.79 | ||
| Debt/FCF | 4.07 | ||
| Altman-Z | 3.46 |
ROIC/WACC1.8
WACC9.93%
2.3 Liquidity
A Current Ratio of 1.08 indicates that 1LMT should not have too much problems paying its short term obligations.
1LMT has a worse Current ratio (1.08) than 65.22% of its industry peers.
1LMT has a Quick Ratio of 1.08. This is a bad value and indicates that 1LMT is not financially healthy enough and could expect problems in meeting its short term obligations.
1LMT has a Quick ratio of 0.91. This is in the better half of the industry: 1LMT outperforms 67.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.08 | ||
| Quick Ratio | 0.91 |
3. Growth
3.1 Past
1LMT shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 3.51%.
Measured over the past 5 years, 1LMT shows a small growth in Earnings Per Share. The EPS has been growing by 5.03% on average per year.
The Revenue has been growing slightly by 3.12% in the past year.
1LMT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.50% yearly.
EPS 1Y (TTM)3.51%
EPS 3Y5.96%
EPS 5Y5.03%
EPS Q2Q%13.93%
Revenue 1Y (TTM)3.12%
Revenue growth 3Y1.95%
Revenue growth 5Y3.5%
Sales Q2Q%4.47%
3.2 Future
1LMT is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.65% yearly.
Based on estimates for the next years, 1LMT will show a small growth in Revenue. The Revenue will grow by 3.22% on average per year.
EPS Next Y-0.1%
EPS Next 2Y4.4%
EPS Next 3Y5.33%
EPS Next 5Y5.65%
Revenue Next Year4.39%
Revenue Next 2Y4.05%
Revenue Next 3Y4%
Revenue Next 5Y3.22%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 16.93, 1LMT is valued correctly.
Compared to the rest of the industry, the Price/Earnings ratio of 1LMT indicates a rather cheap valuation: 1LMT is cheaper than 95.65% of the companies listed in the same industry.
1LMT's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.04.
With a Price/Forward Earnings ratio of 16.03, 1LMT is valued correctly.
1LMT's Price/Forward Earnings ratio is rather cheap when compared to the industry. 1LMT is cheaper than 89.13% of the companies in the same industry.
1LMT is valuated cheaply when we compare the Price/Forward Earnings ratio to 37.64, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.93 | ||
| Fwd PE | 16.03 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, 1LMT is valued a bit cheaper than the industry average as 76.09% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, 1LMT is valued a bit cheaper than 76.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.76 | ||
| EV/EBITDA | 14.67 |
4.3 Compensation for Growth
1LMT has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)3.37
EPS Next 2Y4.4%
EPS Next 3Y5.33%
5. Dividend
5.1 Amount
1LMT has a Yearly Dividend Yield of 2.82%. Purely for dividend investing, there may be better candidates out there.
1LMT's Dividend Yield is rather good when compared to the industry average which is at 1.18. 1LMT pays more dividend than 97.83% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.31, 1LMT pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.82% |
5.2 History
On average, the dividend of 1LMT grows each year by 7.21%, which is quite nice.
Dividend Growth(5Y)7.21%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
1LMT pays out 55.88% of its income as dividend. This is a bit on the high side, but may be sustainable.
1LMT's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP55.88%
EPS Next 2Y4.4%
EPS Next 3Y5.33%
BIT:1LMT (6/13/2025, 7:00:00 PM)
420.5
-9.45 (-2.2%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners75.05%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap98.52B
Analysts73.79
Price Target473.64 (12.64%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.82% |
Yearly Dividend11.21
Dividend Growth(5Y)7.21%
DP55.88%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)14.01%
Min EPS beat(2)13.78%
Max EPS beat(2)14.24%
EPS beat(4)4
Avg EPS beat(4)9.12%
Min EPS beat(4)3.56%
Max EPS beat(4)14.24%
EPS beat(8)7
Avg EPS beat(8)6.78%
EPS beat(12)8
Avg EPS beat(12)2.29%
EPS beat(16)12
Avg EPS beat(16)3.27%
Revenue beat(2)0
Avg Revenue beat(2)-1.3%
Min Revenue beat(2)-2.51%
Max Revenue beat(2)-0.09%
Revenue beat(4)1
Avg Revenue beat(4)0.07%
Min Revenue beat(4)-2.51%
Max Revenue beat(4)5.27%
Revenue beat(8)4
Avg Revenue beat(8)1.78%
Revenue beat(12)5
Avg Revenue beat(12)0.9%
Revenue beat(16)5
Avg Revenue beat(16)-0.15%
PT rev (1m)-11.35%
PT rev (3m)-11.35%
EPS NQ rev (1m)-3.17%
EPS NQ rev (3m)-3.17%
EPS NY rev (1m)0.66%
EPS NY rev (3m)0.66%
Revenue NQ rev (1m)-0.51%
Revenue NQ rev (3m)-0.51%
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)0.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.93 | ||
| Fwd PE | 16.03 | ||
| P/S | 1.58 | ||
| P/FCF | 22.76 | ||
| P/OCF | 16.82 | ||
| P/B | 16.98 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.67 |
EPS(TTM)24.84
EY5.91%
EPS(NY)26.23
Fwd EY6.24%
FCF(TTM)18.48
FCFY4.39%
OCF(TTM)25
OCFY5.95%
SpS266.17
BVpS24.77
TBVpS-23.52
PEG (NY)N/A
PEG (5Y)3.37
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.71% | ||
| ROE | 82.34% | ||
| ROCE | 20.82% | ||
| ROIC | 17.83% | ||
| ROICexc | 18.78% | ||
| ROICexgc | 30.63% | ||
| OM | 10.29% | ||
| PM (TTM) | 7.66% | ||
| GM | 10.23% | ||
| FCFM | 6.94% |
ROA(3y)11.21%
ROA(5y)11.9%
ROE(3y)82.45%
ROE(5y)83.72%
ROIC(3y)18.86%
ROIC(5y)19.56%
ROICexc(3y)20.04%
ROICexc(5y)21.1%
ROICexgc(3y)34.88%
ROICexgc(5y)36.6%
ROCE(3y)22.03%
ROCE(5y)22.85%
ROICexcg growth 3Y-7.66%
ROICexcg growth 5Y-4.12%
ROICexc growth 3Y-8.46%
ROICexc growth 5Y-4.57%
OM growth 3Y-9.81%
OM growth 5Y-6.86%
PM growth 3Y-7.27%
PM growth 5Y-6.33%
GM growth 3Y-10.04%
GM growth 5Y-6.72%
F-Score6
Asset Turnover1.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.79 | ||
| Debt/FCF | 4.07 | ||
| Debt/EBITDA | 2.08 | ||
| Cap/Depr | 109.72% | ||
| Cap/Sales | 2.45% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 75.02% | ||
| Profit Quality | 90.59% | ||
| Current Ratio | 1.08 | ||
| Quick Ratio | 0.91 | ||
| Altman-Z | 3.46 |
F-Score6
WACC9.93%
ROIC/WACC1.8
Cap/Depr(3y)115.09%
Cap/Depr(5y)118.75%
Cap/Sales(3y)2.47%
Cap/Sales(5y)2.48%
Profit Quality(3y)98.69%
Profit Quality(5y)102.38%
High Growth Momentum
Growth
EPS 1Y (TTM)3.51%
EPS 3Y5.96%
EPS 5Y5.03%
EPS Q2Q%13.93%
EPS Next Y-0.1%
EPS Next 2Y4.4%
EPS Next 3Y5.33%
EPS Next 5Y5.65%
Revenue 1Y (TTM)3.12%
Revenue growth 3Y1.95%
Revenue growth 5Y3.5%
Sales Q2Q%4.47%
Revenue Next Year4.39%
Revenue Next 2Y4.05%
Revenue Next 3Y4%
Revenue Next 5Y3.22%
EBIT growth 1Y-13.61%
EBIT growth 3Y-8.05%
EBIT growth 5Y-3.6%
EBIT Next Year25.67%
EBIT Next 3Y10.68%
EBIT Next 5Y7.62%
FCF growth 1Y-20.37%
FCF growth 3Y-11.77%
FCF growth 5Y-1.93%
OCF growth 1Y-15.21%
OCF growth 3Y-8.9%
OCF growth 5Y-0.95%