Lockheed Martin Financials

LMT Stock  USD 534.73  1.47  0.28%   
Based on the analysis of Lockheed Martin's profitability, liquidity, and operating efficiency, Lockheed Martin may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. At this time, Lockheed Martin's Intangible Assets are comparatively stable compared to the past year. Common Stock is likely to gain to about 261 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 3.5 B in 2024. Key indicators impacting Lockheed Martin's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.140.1319
Notably Up
Slightly volatile
Operating Income4.6 B8.5 B
Way Down
Slightly volatile
Current Ratio0.951.2116
Significantly Down
Very volatile
The financial analysis of Lockheed Martin is a critical element in measuring its lifeblood. Investors should not minimize Lockheed Martin's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

2.56 Billion

  
Understanding current and past Lockheed Martin Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Lockheed Martin's financial statements are interrelated, with each one affecting the others. For example, an increase in Lockheed Martin's assets may result in an increase in income on the income statement.

Lockheed Martin Earnings Geography

Please note, the imprecision that can be found in Lockheed Martin's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Lockheed Martin. Check Lockheed Martin's Beneish M Score to see the likelihood of Lockheed Martin's management manipulating its earnings.

Lockheed Martin Stock Summary

Lockheed Martin competes with Northrop Grumman, General Dynamics, L3Harris Technologies, Boeing, and Raytheon Technologies. Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. Lockheed Martin Corporation was founded in 1912 and is headquartered in Bethesda, Maryland. Lockheed Martin operates under Aerospace Defense classification in the United States and is traded on New York Stock Exchange. It employs 114000 people.
Foreign Associate
  Mexico
Specialization
Industrials, Aerospace & Defense
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS5398301094
CUSIP539830109
LocationMaryland; U.S.A
Business Address6801 Rockledge Drive,
SectorAerospace & Defense
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.lockheedmartin.com
Phone301 897 6000
CurrencyUSD - US Dollar

Lockheed Martin Key Financial Ratios

Lockheed Martin Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets47.5B50.7B50.9B52.9B52.5B38.5B
Other Current Liab4.4B1.8B2.0B5.2B5.3B3.5B
Net Debt11.1B9.0B8.1B12.9B16.0B16.8B
Retained Earnings18.4B21.6B21.6B16.9B15.4B11.6B
Accounts Payable1.3B880M780M2.1B2.3B1.8B
Cash1.5B3.2B3.6B2.5B1.4B2.0B
Net Receivables11.4B11.5B12.5B14.8B15.3B16.1B
Good Will10.6B10.8B10.8B10.8B10.8B10.1B
Inventory3.6B3.5B3.0B3.1B3.1B3.3B
Other Current Assets531M1.2B688M533M632M805.3M
Total Liab44.4B44.7B39.9B43.6B45.6B32.8B
Total Current Assets17.1B19.4B19.8B21.0B20.5B14.2B
Short Term Debt1.3B500M6M118M168M159.6M
Intangible Assets3.2B3.0B2.7B2.5B2.2B2.5B
Common Stock280M279M271M254M240M261.0M
Other Liab18.1B19.1B13.1B11.4B13.1B13.9B
Other Assets7.3B10.3B7.2B10.7B12.3B7.1B
Long Term Debt11.4B11.7B11.7B15.4B17.3B9.5B
Net Tangible Assets(10.7B)(7.8B)(2.6B)(4.0B)(4.6B)(4.8B)
Long Term Debt Total11.4B11.7B11.7B15.4B17.7B11.0B

Lockheed Martin Key Income Statement Accounts

The reason investors look at the income statement is to determine what Lockheed Martin's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense653M591M569M623M916M540.7M
Total Revenue59.8B65.4B67.0B66.0B67.6B44.5B
Gross Profit8.4B8.7B9.1B8.3B8.5B4.5B
Operating Income8.5B8.6B9.1B8.3B8.5B4.6B
Ebit7.9B8.8B8.1B7.3B8.5B4.5B
Ebitda9.1B10.1B9.5B8.7B8.5B5.5B
Cost Of Revenue51.4B56.7B58.0B57.7B59.1B40.0B
Income Before Tax7.2B8.2B7.6B6.7B8.1B8.5B
Net Income6.2B6.8B6.3B5.7B6.9B7.3B
Income Tax Expense1.0B1.3B1.2B948M(1.2B)(1.1B)
Minority Interest74M55M44M23M20.7M19.7M
Tax Provision1.0B1.3B1.2B948M1.2B1.1B
Interest Income653M591M569M623M716.5M668.4M
Net Interest Income(653M)(591M)(569M)(623M)(864M)(907.2M)

Lockheed Martin Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(622M)74M564M(107M)(44M)(46.2M)
Change In Cash742M1.6B444M(1.1B)(1.1B)(1.0B)
Free Cash Flow5.8B6.4B7.7B6.1B6.2B6.5B
Depreciation1.2B1.3B1.4B1.4B1.4B1.1B
Other Non Cash Items223M894M1.4B1.8B(3M)(2.9M)
Dividends Paid2.6B2.8B2.9B3.0B3.1B3.2B
Capital Expenditures1.5B1.8B1.5B1.7B1.7B1.0B
Net Income6.2B6.8B6.3B5.7B6.9B7.3B
End Period Cash Flow1.5B3.2B3.6B2.5B1.4B2.1B
Change To Netincome360M436M1.7B951M1.1B574.9M
Investments(1.2B)(2.0B)(1.2B)(1.8B)(1.8B)(1.7B)
Change Receivables107M359M15M(542M)(623.3M)(592.1M)
Net Borrowings(1.5B)(519M)(500M)4.0B3.6B3.7B

Lockheed Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Lockheed Martin's current stock value. Our valuation model uses many indicators to compare Lockheed Martin value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Lockheed Martin competition to find correlations between indicators driving Lockheed Martin's intrinsic value. More Info.
Lockheed Martin is currently regarded as number one stock in return on equity category among its peers. It also is currently regarded as number one stock in return on asset category among its peers reporting about  0.12  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Lockheed Martin is roughly  8.11 . At this time, Lockheed Martin's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Lockheed Martin by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Lockheed Martin Systematic Risk

Lockheed Martin's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Lockheed Martin volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Lockheed Martin correlated with the market. If Beta is less than 0 Lockheed Martin generally moves in the opposite direction as compared to the market. If Lockheed Martin Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Lockheed Martin is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Lockheed Martin is generally in the same direction as the market. If Beta > 1 Lockheed Martin moves generally in the same direction as, but more than the movement of the benchmark.

Lockheed Martin Thematic Clasifications

Lockheed Martin is part of several thematic ideas from Defense to Robots And Drones. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Lockheed Martin Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Lockheed Martin's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Lockheed Martin growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.63

At this time, Lockheed Martin's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Lockheed Martin November 21, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Lockheed Martin help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Lockheed Martin. We use our internally-developed statistical techniques to arrive at the intrinsic value of Lockheed Martin based on widely used predictive technical indicators. In general, we focus on analyzing Lockheed Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Lockheed Martin's daily price indicators and compare them against related drivers.

Additional Tools for Lockheed Stock Analysis

When running Lockheed Martin's price analysis, check to measure Lockheed Martin's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lockheed Martin is operating at the current time. Most of Lockheed Martin's value examination focuses on studying past and present price action to predict the probability of Lockheed Martin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lockheed Martin's price. Additionally, you may evaluate how the addition of Lockheed Martin to your portfolios can decrease your overall portfolio volatility.