Lockheed Total Operating Expenses vs Operating Income Analysis

LMT Stock

USD 423.19 11.53 2.65%

Lockheed Martin financial indicator trend analysis is infinitely more than just investigating Lockheed Martin recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lockheed Martin is a good investment. Please check the relationship between Lockheed Martin Total Operating Expenses and its Operating Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lockheed Martin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

For more information on how to buy Lockheed Stock please use our How to Invest in Lockheed Martin guide.

Total Operating Expenses vs Operating Income

Total Operating Expenses vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lockheed Martin Total Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have strong relationship.

The correlation between Lockheed Martin's Total Operating Expenses and Operating Income is 0.79. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Operating Income in the same time period over historical financial statements of Lockheed Martin, assuming nothing else is changed. The correlation between historical values of Lockheed Martin's Total Operating Expenses and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Lockheed Martin are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Operating Expenses i.e., Lockheed Martin's Total Operating Expenses and Operating Income go up and down completely randomly.

Correlation Coefficient

0.79

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Operating Income

Operating Income is the amount of profit realized from Lockheed Martin operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Lockheed Martin is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Lockheed Martin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lockheed Martin current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lockheed Martin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

For more information on how to buy Lockheed Stock please use our How to Invest in Lockheed Martin guide.At this time, Lockheed Martin's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 1 B in 2025, despite the fact that Discontinued Operations is likely to grow to (47 M).

	2022	2023	2024	2025 (projected)
Interest Expense	623M	916M	1.0B	558.9M
Depreciation And Amortization	1.4B	1.4B	1.6B	1.1B

Interest Expense Depreciation And Amortization

Lockheed Martin fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Common Stock Shares Outstanding		-0.92	-0.28	-0.45	-0.93	-0.39	-0.93	-0.91	-0.26	-0.67	-0.2	-0.3	-0.86	-0.48	-0.3	-0.89	-0.62	-0.69	-0.24	-0.07	-0.47	-0.81	-0.95	0.27	0.13	0.17
Total Assets	-0.92		0.47	0.23	0.93	0.28	0.86	0.93	0.42	0.75	0.18	0.38	0.98	0.31	0.38	0.72	0.79	0.86	0.45	0.1	0.23	0.94	0.96	-0.2	0.05	0.06
Short Long Term Debt Total	-0.28	0.47		-0.58	0.25	0.01	0.29	0.26	0.97	0.4	0.02	-0.03	0.51	-0.49	-0.04	0.08	0.39	0.58	0.43	-0.03	0.01	0.5	0.37	0.0	0.18	0.17
Other Current Liab	-0.45	0.23	-0.58		0.43	0.14	0.34	0.32	-0.5	-0.12	0.34	-0.04	0.18	0.8	-0.03	0.65	0.1	0.03	0.06	-0.06	0.37	0.16	0.29	-0.18	-0.16	-0.42
Total Current Liabilities	-0.93	0.93	0.25	0.43		0.29	0.88	0.97	0.23	0.62	0.42	0.29	0.88	0.52	0.29	0.78	0.71	0.72	0.23	0.0	0.26	0.86	0.93	-0.21	0.01	-0.04
Total Stockholder Equity	-0.39	0.28	0.01	0.14	0.29		0.61	0.32	0.0	0.43	-0.29	0.24	0.17	0.32	0.24	0.49	-0.07	-0.21	-0.28	-0.3	0.48	-0.06	0.44	-0.53	-0.31	-0.5
Property Plant And Equipment Net	-0.93	0.86	0.29	0.34	0.88	0.61		0.86	0.29	0.66	0.11	0.3	0.76	0.41	0.3	0.84	0.42	0.53	0.11	-0.06	0.58	0.68	0.94	-0.47	-0.12	-0.38
Current Deferred Revenue	-0.91	0.93	0.26	0.32	0.97	0.32	0.86		0.19	0.69	0.29	0.46	0.89	0.5	0.46	0.7	0.75	0.74	0.22	0.11	0.15	0.86	0.94	-0.19	0.0	0.09
Net Debt	-0.26	0.42	0.97	-0.5	0.23	0.0	0.29	0.19		0.32	0.06	-0.23	0.46	-0.5	-0.23	0.11	0.31	0.52	0.44	-0.08	0.1	0.46	0.33	-0.09	0.09	0.03
Retained Earnings	-0.67	0.75	0.4	-0.12	0.62	0.43	0.66	0.69	0.32		-0.26	0.47	0.73	0.11	0.47	0.5	0.65	0.58	0.09	0.12	0.17	0.63	0.73	-0.12	-0.08	0.27
Accounts Payable	-0.2	0.18	0.02	0.34	0.42	-0.29	0.11	0.29	0.06	-0.26		-0.26	0.18	0.35	-0.26	0.23	0.26	0.2	-0.07	-0.25	-0.19	0.28	0.15	0.11	0.24	0.05
Cash	-0.3	0.38	-0.03	-0.04	0.29	0.24	0.3	0.46	-0.23	0.47	-0.26		0.31	0.21	1.0	0.18	0.32	0.3	-0.08	0.46	0.02	0.31	0.46	-0.11	0.34	0.3
Non Current Assets Total	-0.86	0.98	0.51	0.18	0.88	0.17	0.76	0.89	0.46	0.73	0.18	0.31		0.24	0.31	0.64	0.85	0.91	0.55	0.07	0.09	0.96	0.88	-0.07	0.07	0.17
Non Currrent Assets Other	-0.48	0.31	-0.49	0.8	0.52	0.32	0.41	0.5	-0.5	0.11	0.35	0.21	0.24		0.21	0.62	0.29	0.01	-0.16	-0.01	0.12	0.18	0.38	-0.2	-0.11	-0.17
Cash And Short Term Investments	-0.3	0.38	-0.04	-0.03	0.29	0.24	0.3	0.46	-0.23	0.47	-0.26	1.0	0.31	0.21		0.18	0.32	0.29	-0.08	0.46	0.02	0.31	0.46	-0.11	0.34	0.3
Net Receivables	-0.89	0.72	0.08	0.65	0.78	0.49	0.84	0.7	0.11	0.5	0.23	0.18	0.64	0.62	0.18		0.4	0.41	0.07	-0.07	0.64	0.56	0.8	-0.41	-0.12	-0.4
Good Will	-0.62	0.79	0.39	0.1	0.71	-0.07	0.42	0.75	0.31	0.65	0.26	0.32	0.85	0.29	0.32	0.4		0.83	0.49	0.22	-0.25	0.84	0.64	0.18	0.11	0.57
Non Current Liabilities Total	-0.69	0.86	0.58	0.03	0.72	-0.21	0.53	0.74	0.52	0.58	0.2	0.3	0.91	0.01	0.29	0.41	0.83		0.66	0.29	-0.04	0.97	0.72	0.06	0.22	0.35
Inventory	-0.24	0.45	0.43	0.06	0.23	-0.28	0.11	0.22	0.44	0.09	-0.07	-0.08	0.55	-0.16	-0.08	0.07	0.49	0.66		0.19	-0.12	0.56	0.25	0.11	0.07	0.12
Other Current Assets	-0.07	0.1	-0.03	-0.06	0.0	-0.3	-0.06	0.11	-0.08	0.12	-0.25	0.46	0.07	-0.01	0.46	-0.07	0.22	0.29	0.19		-0.02	0.21	0.14	-0.24	-0.12	0.34
Other Stockholder Equity	-0.47	0.23	0.01	0.37	0.26	0.48	0.58	0.15	0.1	0.17	-0.19	0.02	0.09	0.12	0.02	0.64	-0.25	-0.04	-0.12	-0.02		0.06	0.42	-0.51	-0.15	-0.76
Total Liab	-0.81	0.94	0.5	0.16	0.86	-0.06	0.68	0.86	0.46	0.63	0.28	0.31	0.96	0.18	0.31	0.56	0.84	0.97	0.56	0.21	0.06		0.84	-0.02	0.16	0.24
Total Current Assets	-0.95	0.96	0.37	0.29	0.93	0.44	0.94	0.94	0.33	0.73	0.15	0.46	0.88	0.38	0.46	0.8	0.64	0.72	0.25	0.14	0.42	0.84		-0.38	0.01	-0.11
Short Term Debt	0.27	-0.2	0.0	-0.18	-0.21	-0.53	-0.47	-0.19	-0.09	-0.12	0.11	-0.11	-0.07	-0.2	-0.11	-0.41	0.18	0.06	0.11	-0.24	-0.51	-0.02	-0.38		0.29	0.56
Intangible Assets	0.13	0.05	0.18	-0.16	0.01	-0.31	-0.12	0.0	0.09	-0.08	0.24	0.34	0.07	-0.11	0.34	-0.12	0.11	0.22	0.07	-0.12	-0.15	0.16	0.01	0.29		0.22
Common Stock	0.17	0.06	0.17	-0.42	-0.04	-0.5	-0.38	0.09	0.03	0.27	0.05	0.3	0.17	-0.17	0.3	-0.4	0.57	0.35	0.12	0.34	-0.76	0.24	-0.11	0.56	0.22

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Lockheed Martin Account Relationship Matchups

Lockheed Martin fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	281.2M	277.4M	264.6M	251.2M	239.2M	292.4M
Total Assets	50.7B	50.9B	52.9B	52.5B	55.6B	39.2B
Short Long Term Debt Total	12.2B	11.7B	15.5B	17.5B	643M	610.9M
Other Current Liab	1.8B	2.0B	5.2B	5.3B	16.6B	17.4B
Total Current Liabilities	13.9B	14.0B	15.9B	16.9B	19.4B	12.2B
Total Stockholder Equity	6.0B	11.0B	9.3B	6.8B	6.3B	4.2B
Property Plant And Equipment Net	7.2B	7.6B	8.0B	8.4B	8.7B	5.3B
Current Deferred Revenue	7.5B	8.1B	8.5B	9.2B	10.6B	5.8B
Net Debt	9.0B	8.1B	12.9B	16.0B	(1.8B)	(1.7B)
Retained Earnings	21.6B	21.6B	16.9B	15.4B	14.6B	11.7B
Accounts Payable	880M	780M	2.1B	2.3B	2.2B	1.8B
Cash	3.2B	3.6B	2.5B	1.4B	2.5B	2.0B
Non Current Assets Total	31.3B	31.1B	31.9B	31.9B	33.8B	24.8B
Non Currrent Assets Other	3.4B	4.2B	4.0B	6.9B	8.4B	8.8B
Cash And Short Term Investments	3.2B	3.6B	2.5B	1.4B	2.5B	2.0B
Net Receivables	11.5B	12.5B	14.8B	15.3B	15.3B	16.1B
Good Will	10.8B	10.8B	10.8B	10.8B	11.1B	10.2B
Liabilities And Stockholders Equity	50.7B	50.9B	52.9B	52.5B	55.6B	39.2B
Non Current Liabilities Total	30.7B	25.9B	27.7B	28.7B	29.9B	21.2B
Inventory	3.5B	3.0B	3.1B	3.1B	3.5B	3.3B
Other Current Assets	1.2B	688M	533M	632M	584M	800.2M
Other Stockholder Equity	44M	221M	94M	92M	82.8M	86.9M
Total Liab	44.7B	39.9B	43.6B	45.6B	49.3B	33.5B
Total Current Assets	19.4B	19.8B	21.0B	20.5B	21.8B	14.5B
Short Term Debt	500M	6M	118M	168M	643M	844.2M
Intangible Assets	3.0B	2.7B	2.5B	2.2B	2.0B	2.4B
Common Stock	279M	271M	254M	240M	234M	258.7M
Common Stock Total Equity	280M	279M	271M	254M	228.6M	270.8M
Property Plant And Equipment Gross	7.2B	19.1B	20.1B	21.2B	22.2B	23.3B
Accumulated Other Comprehensive Income	(16.1B)	(11.0B)	(8.0B)	(8.8B)	(8.5B)	(8.9B)
Other Liab	18.1B	19.1B	13.1B	11.4B	13.1B	13.9B
Other Assets	7.3B	10.3B	7.2B	10.7B	12.3B	7.1B
Long Term Debt	11.7B	11.7B	15.4B	17.3B	19.6B	10.0B
Property Plant Equipment	6.6B	7.2B	7.6B	8.0B	9.2B	5.4B
Net Tangible Assets	(10.7B)	(7.8B)	(2.6B)	(4.0B)	(4.6B)	(4.8B)
Retained Earnings Total Equity	18.4B	21.6B	21.6B	16.9B	19.5B	16.7B
Long Term Debt Total	11.4B	11.7B	11.7B	15.4B	17.7B	11.0B
Non Current Liabilities Other	19.1B	14.2B	12.3B	5.2B	5.4B	5.2B

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