Lockheed Martin Net Income vs. Current Valuation
| LMT Stock | USD 646.00 -6.83 -1.05% |
Net Income | First Reported 1994-03-31 | Previous Quarter 1.6 B | Current Value 1.3 B | Quarterly Volatility 621.9 M |
Macro event markers
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.0767 | 0.1015 |
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| Operating Profit Margin | 0.0779 | 0.103 |
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| Pretax Profit Margin | 0.065 | 0.0789 |
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| Return On Assets | 0.0566 | 0.0838 |
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This module outlines profitability drivers for Lockheed Martin, highlighting margins, returns, and income efficiency.
Revenue Segmentation Overview - Lockheed Martin
Correlation Analysis.
Macro event markers
Revenue Breakdown by Earning Segment for Lockheed Martin View
Earnings estimates add context for valuation and forward-looking analysis. This view provides informational context for Lockheed Martin earnings expectations over time.
Quarterly Earnings Growth 1.61 | Dividend Share 13.35 | Earnings Share 21.48 | Revenue Per Share | Quarterly Revenue Growth 0.091 |
Understanding Lockheed Martin includes distinguishing between market value and book value, where book value reflects Lockheed's accounting equity. Lockheed Martin's market capitalization is 149.48 B. With a P/B ratio of 22.35, the market values Lockheed Martin well above its book equity. Enterprise value stands at 167.78 B. Intrinsic value reflects what Lockheed Martin's fundamentals imply about worth, which may differ from both the trading price and the book figure. Analytical frameworks help reconcile those views.
It is useful to distinguish Lockheed Martin's value from its trading price, which are computed with different methods. For Lockheed Martin, key inputs include a P/E ratio of 19.51, a P/B ratio of 22.35, a profit margin of 6.69%, and ROE of 76.87%. The quoted price is simply the exchange level where supply meets demand.
Lockheed Martin Current Valuation vs. Net Income Fundamental Analysis
Cross-company financial ratios help determine Lockheed Martin's valuation standing. Lockheed Martin maintains a second standing in net income relative to competitors. It maintains a fourth standing in current valuation relative to competitors yielding 33.44 of Current Valuation per Net Income. Financial indicators imply that Net Income is moving in a progressing direction. Previously, Net Income was valued at 5.02 Billion. Comparative metrics assess Lockheed Martin's relative pricing efficiency.Lockheed Martin's Historical Earnings Breakdown by Geography
Lockheed Current Valuation vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Lockheed Martin |
| = | 5.02 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Lockheed Martin |
| = | 167.78 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Lockheed Current Valuation vs Competition
Lockheed Martin maintains a fourth standing in current valuation relative to competitors. After adjusting for long-term liabilities, total market size of Industrials industry is now estimated at about 1.44 Trillion. Lockheed Martin retains roughly 167.78 Billion in current valuation claiming about 12% of equities under Industrials sector.
Lockheed Martin Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Lockheed Martin, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Lockheed Martin will eventually generate negative long term returns. The profitability progress is the general direction of Lockheed Martin's change in net profit over the period of time. It can combine multiple indicators of Lockheed Martin, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -7.5 B | -7.9 B | |
| Operating Income | 7.7 B | 4.8 B | |
| Income Before Tax | 5.9 B | 4.1 B | |
| Total Other Income Expense Net | -1.8 B | -1.7 B | |
| Net Income | 5 B | 3 B | |
| Income Tax Expense | 905 M | 975 M | |
| Net Income Applicable To Common Shares | 5 B | 4 B | |
| Net Income From Continuing Ops | 5 B | 5 B | |
| Non Operating Income Net Other | -66.6 M | -69.9 M | |
| Interest Income | 1.1 B | 797.3 M | |
| Net Interest Income | -1.1 B | -1.2 B | |
| Change To Netincome | 1.1 B | 574.9 M | |
| Net Income Per Share | 21.73 | 22.81 | |
| Income Quality | 1.71 | 1.79 | |
| Net Income Per E B T | 0.85 | 0.89 |
Lockheed Profitability Driver Comparison
The profitability drivers of Lockheed Martin are the most direct determinants of its earnings and investment outlook. Investors face many external uncertainties - from tax policy changes to commodity price movements - that can affect Lockheed Martin's profitability during any given holding period.
Earnings Estimation Breakdown
Analyst consensus points to a next EPS of 6.82 for Lockheed Martin, supported by trailing twelve-month earnings data from Lockheed Martin. The full range of analyst projections spans 6.5585 to 7.25, quantifying the uncertainty in the forward estimate. One-time items are stripped from this figure to reflect the ongoing earnings run rate.Last Reported EPS
6.56 Lowest | Expected EPS | 7.25 Highest |
Earnings Projection Consensus
When analyst consensus implies a fair value for Lockheed Martin above today's price, it creates a positive valuation gap that some investors associate with upside potential. A fair value below the current price does not automatically mean overvalued - growth-oriented stocks often trade above near-term earnings models. Use this signal as a starting point for deeper due diligence, not a standalone investment decision.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2026 | Current EPS (TTM) | |
| 21 | 87.82% | 5.8 | 6.82 | 21.48 |
Earnings per Share Projection vs Actual
Actual Earnings per Share of Lockheed Martin refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Lockheed Martin predict the company's earnings will be in the future. The higher the earnings per share of Lockheed Martin, the better its profitability. While calculating the Earnings per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Estimated Months Earnings per Share
Investors seeking income from Lockheed Martin should treat EPS as a first-order signal of dividend sustainability, but not the only one. Cash flow from operations, capital expenditure requirements, and debt obligations all influence the effective dividend capacity beyond what EPS alone reveals. A peer-relative EPS comparison adds a sector-adjusted dimension to income risk analysis.Quarterly Analyst Estimates and Surprise Metrics
The earnings surprise mechanism works because analyst consensus sets the market's reference point before each Lockheed Martin report. Reported EPS that exceeds this reference triggers upward repricing; EPS below it triggers downward adjustment. Analyst consensus reflects the aggregated output of models that track guidance, comparables, and macro assumptions.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2026-01-29 | 2025-12-31 | 5.96 | 5.8 | -0.16 | 2 | ||
2025-10-21 | 2025-09-30 | 6.35 | 6.95 | 0.6 | 9 | ||
2025-07-22 | 2025-06-30 | 6.47 | 1.46 | -5.01 | 77 | ||
2025-04-22 | 2025-03-31 | 6.35 | 7.28 | 0.93 | 14 | ||
2025-01-28 | 2024-12-31 | 6.62 | 7.71 | 1.09 | 16 | ||
2024-10-22 | 2024-09-30 | 6.44 | 6.84 | 0.4 | 6 | ||
2024-07-23 | 2024-06-30 | 6.45 | 7.11 | 0.66 | 10 | ||
2024-04-23 | 2024-03-31 | 5.85 | 6.39 | 0.54 | 9 | ||
2024-01-23 | 2023-12-31 | 7.25 | 7.9 | 0.65 | 8 | ||
2023-10-17 | 2023-09-30 | 6.65 | 6.73 | 0.08 | 1 | ||
2023-07-18 | 2023-06-30 | 6.45 | 6.73 | 0.28 | 4 | ||
2023-04-18 | 2023-03-31 | 6.06 | 6.43 | 0.37 | 6 | ||
2023-01-24 | 2022-12-31 | 7.36 | 7.4 | 0.04 | 0 | ||
2022-10-18 | 2022-09-30 | 6.65 | 6.71 | 0.06 | 0 | ||
2022-07-19 | 2022-06-30 | 1.74 | 1.16 | -0.58 | 33 | ||
2022-04-19 | 2022-03-31 | 6.18 | 6.44 | 0.26 | 4 | ||
2022-01-25 | 2021-12-31 | 7.14 | 7.24 | 0.1 | 1 | ||
2021-10-26 | 2021-09-30 | 6.8 | 6.93 | 0.13 | 1 | ||
2021-07-26 | 2021-06-30 | 6.52 | 6.52 | 0.0 | 0 | ||
2021-04-20 | 2021-03-31 | 6.31 | 6.56 | 0.25 | 3 | ||
2021-01-26 | 2020-12-31 | 6.41 | 6.38 | -0.03 | 0 | ||
2020-10-20 | 2020-09-30 | 6.1 | 6.25 | 0.15 | 2 | ||
2020-07-21 | 2020-06-30 | 5.71 | 5.79 | 0.08 | 1 | ||
2020-04-21 | 2020-03-31 | 5.84 | 6.08 | 0.24 | 4 | ||
2020-01-28 | 2019-12-31 | 5.04 | 5.29 | 0.25 | 4 | ||
2019-10-22 | 2019-09-30 | 5.05 | 5.66 | 0.61 | 12 | ||
2019-07-23 | 2019-06-30 | 4.74 | 5.0 | 0.26 | 5 | ||
2019-04-23 | 2019-03-31 | 4.34 | 5.99 | 1.65 | 38 | ||
2019-01-29 | 2018-12-31 | 4.41 | 4.39 | -0.02 | 0 | ||
2018-10-23 | 2018-09-30 | 4.31 | 5.14 | 0.83 | 19 | ||
2018-07-24 | 2018-06-30 | 3.92 | 4.05 | 0.13 | 3 | ||
2018-04-24 | 2018-03-31 | 3.36 | 4.02 | 0.66 | 19 | ||
2018-01-29 | 2017-12-31 | 4.03 | 4.3 | 0.27 | 6 | ||
2017-10-24 | 2017-09-30 | 3.27 | 3.24 | -0.03 | 0 | ||
2017-07-18 | 2017-06-30 | 3.08 | 3.23 | 0.15 | 4 | ||
2017-04-25 | 2017-03-31 | 2.79 | 2.61 | -0.18 | 6 | ||
2017-01-24 | 2016-12-31 | 3.04 | 3.25 | 0.21 | 6 | ||
2016-10-25 | 2016-09-30 | 2.87 | 3.61 | 0.74 | 25 | ||
2016-07-19 | 2016-06-30 | 2.93 | 3.28 | 0.35 | 11 | ||
2016-04-26 | 2016-03-31 | 2.61 | 2.58 | -0.03 | 1 | ||
2016-01-26 | 2015-12-31 | 2.94 | 2.87 | -0.07 | 2 | ||
2015-10-20 | 2015-09-30 | 2.72 | 2.77 | 0.05 | 1 | ||
2015-07-20 | 2015-06-30 | 2.66 | 2.94 | 0.28 | 10 | ||
2015-04-21 | 2015-03-31 | 2.49 | 2.74 | 0.25 | 10 | ||
2015-01-27 | 2014-12-31 | 2.85 | 3.01 | 0.16 | 5 | ||
2014-10-21 | 2014-09-30 | 2.72 | 2.76 | 0.04 | 1 | ||
2014-07-22 | 2014-06-30 | 2.66 | 2.76 | 0.1 | 3 | ||
2014-04-22 | 2014-03-31 | 2.53 | 2.87 | 0.34 | 13 | ||
2014-01-23 | 2013-12-31 | 1.95 | 2.04 | 0.09 | 4 | ||
2013-10-22 | 2013-09-30 | 2.27 | 2.57 | 0.3 | 13 | ||
2013-07-23 | 2013-06-30 | 2.2 | 2.64 | 0.44 | 20 | ||
2013-04-23 | 2013-03-31 | 2.04 | 2.33 | 0.29 | 14 | ||
2013-01-24 | 2012-12-31 | 1.82 | 1.78 | -0.04 | 2 | ||
2012-10-24 | 2012-09-30 | 1.85 | 2.26 | 0.41 | 22 | ||
2012-07-24 | 2012-06-30 | 1.91 | 2.38 | 0.47 | 24 | ||
2012-04-26 | 2012-03-31 | 1.71 | 2.02 | 0.31 | 18 | ||
2012-01-26 | 2011-12-31 | 1.95 | 2.14 | 0.19 | 9 | ||
2011-10-26 | 2011-09-30 | 1.81 | 2.06 | 0.25 | 13 | ||
2011-07-26 | 2011-06-30 | 1.91 | 2.06 | 0.15 | 7 | ||
2011-04-26 | 2011-03-31 | 1.51 | 1.55 | 0.04 | 2 | ||
2011-01-27 | 2010-12-31 | 2.08 | 2.38 | 0.3 | 14 | ||
2010-10-19 | 2010-09-30 | 1.59 | 1.87 | 0.28 | 17 | ||
2010-07-27 | 2010-06-30 | 1.78 | 1.96 | 0.18 | 10 | ||
2010-04-21 | 2010-03-31 | 1.42 | 1.7 | 0.28 | 19 | ||
2010-01-28 | 2009-12-31 | 1.99 | 2.17 | 0.18 | 9 | ||
2009-10-20 | 2009-09-30 | 1.83 | 2.07 | 0.24 | 13 | ||
2009-07-21 | 2009-06-30 | 1.82 | 1.88 | 0.06 | 3 | ||
2009-04-21 | 2009-03-31 | 1.64 | 1.68 | 0.04 | 2 | ||
2009-01-22 | 2008-12-31 | 1.92 | 1.97 | 0.05 | 2 | ||
2008-10-21 | 2008-09-30 | 1.89 | 1.85 | -0.04 | 2 | ||
2008-07-22 | 2008-06-30 | 1.88 | 2.01 | 0.13 | 6 | ||
2008-04-22 | 2008-03-31 | 1.63 | 1.73 | 0.1 | 6 | ||
2008-01-24 | 2007-12-31 | 1.7 | 1.89 | 0.19 | 11 | ||
2007-10-23 | 2007-09-30 | 1.64 | 1.8 | 0.16 | 9 | ||
2007-07-24 | 2007-06-30 | 1.53 | 1.78 | 0.25 | 16 | ||
2007-04-24 | 2007-03-31 | 1.37 | 1.39 | 0.02 | 1 | ||
2007-01-25 | 2006-12-31 | 1.45 | 1.64 | 0.19 | 13 | ||
2006-10-24 | 2006-09-30 | 1.24 | 1.46 | 0.22 | 17 | ||
2006-07-25 | 2006-06-30 | 1.16 | 1.34 | 0.18 | 15 | ||
2006-04-25 | 2006-03-31 | 1.15 | 1.34 | 0.19 | 16 | ||
2006-01-26 | 2005-12-31 | 1.15 | 1.12 | -0.03 | 2 | ||
2005-10-25 | 2005-09-30 | 0.9 | 0.96 | 0.06 | 6 | ||
2005-07-26 | 2005-06-30 | 0.81 | 1.02 | 0.21 | 25 | ||
2005-04-26 | 2005-03-31 | 0.75 | 0.83 | 0.08 | 10 | ||
2005-01-27 | 2004-12-31 | 0.74 | 0.85 | 0.11 | 14 | ||
2004-10-26 | 2004-09-30 | 0.65 | 0.69 | 0.04 | 6 | ||
2004-07-27 | 2004-06-30 | 0.61 | 0.66 | 0.05 | 8 | ||
2004-04-27 | 2004-03-31 | 0.53 | 0.65 | 0.12 | 22 | ||
2004-01-27 | 2003-12-31 | 0.76 | 0.77 | 0.01 | 1 | ||
2003-10-28 | 2003-09-30 | 0.53 | 0.66 | 0.13 | 24 | ||
2003-07-24 | 2003-06-30 | 0.52 | 0.6 | 0.08 | 15 | ||
2003-04-22 | 2003-03-31 | 0.42 | 0.55 | 0.13 | 30 | ||
2003-01-24 | 2002-12-31 | 0.81 | 0.85 | 0.04 | 4 | ||
2002-10-25 | 2002-09-30 | 0.66 | 0.66 | 0.0 | 0 | ||
2002-07-18 | 2002-06-30 | 0.57 | 0.58 | 0.01 | 1 | ||
2002-04-23 | 2002-03-31 | 0.48 | 0.5 | 0.02 | 4 | ||
2002-01-25 | 2001-12-31 | 0.48 | 0.49 | 0.01 | 2 | ||
2001-10-26 | 2001-09-30 | 0.37 | 0.41 | 0.04 | 10 | ||
2001-07-26 | 2001-06-30 | 0.29 | 0.33 | 0.04 | 13 | ||
2001-04-24 | 2001-03-31 | 0.21 | 0.23 | 0.02 | 9 | ||
2001-01-25 | 2000-12-31 | 0.36 | 0.38 | 0.02 | 5 | ||
2000-10-26 | 2000-09-30 | 0.24 | 0.28 | 0.04 | 16 | ||
2000-07-20 | 2000-06-30 | 0.2 | 0.29 | 0.09 | 45 | ||
2000-04-25 | 2000-03-31 | 0.1 | 0.12 | 0.02 | 20 | ||
2000-01-28 | 1999-12-31 | 0.59 | 0.59 | 0.0 | 0 | ||
1999-10-29 | 1999-09-30 | 0.47 | 0.48 | 0.01 | 2 | ||
1999-07-20 | 1999-06-30 | -0.13 | -0.11 | 0.02 | 15 | ||
1999-04-20 | 1999-03-31 | 0.52 | 0.51 | -0.01 | 1 | ||
1999-01-28 | 1998-12-31 | 0.81 | 0.81 | 0.0 | 0 | ||
1998-10-20 | 1998-09-30 | 0.85 | 0.84 | -0.01 | 1 | ||
1998-07-21 | 1998-06-30 | 0.76 | 0.77 | 0.01 | 1 | ||
1998-04-21 | 1998-03-31 | 0.72 | 0.71 | -0.01 | 1 | ||
1998-01-20 | 1997-12-31 | 0.89 | 0.9 | 0.01 | 1 | ||
1997-10-21 | 1997-09-30 | 0.77 | 0.76 | -0.01 | 1 | ||
1997-07-22 | 1997-06-30 | 0.71 | 0.7 | -0.01 | 1 | ||
1997-04-22 | 1997-03-31 | 0.65 | 0.67 | 0.02 | 3 | ||
1997-01-21 | 1996-12-31 | 0.73 | 0.74 | 0.01 | 1 | ||
1996-10-22 | 1996-09-30 | 0.68 | 0.69 | 0.01 | 1 | ||
1996-07-23 | 1996-06-30 | 0.63 | 0.67 | 0.04 | 6 | ||
1996-04-24 | 1996-03-31 | 0.59 | 0.61 | 0.02 | 3 | ||
1996-01-22 | 1995-12-31 | 0.68 | 0.69 | 0.01 | 1 | ||
1995-10-23 | 1995-09-30 | 0.63 | 0.65 | 0.02 | 3 |
Use Lockheed Martin in pair-trading
Pair trading with Lockheed Martin can help investors hedge some company-specific exposure by balancing a long view with an offsetting position. The key question is whether the second leg adds real hedge value instead of just creating a more complex version of the same risk.
Lockheed Martin Pair Trading
Lockheed Martin Pair Trading Analysis
Correlation matrices help investors optimize their Lockheed Martin tax-loss harvesting strategy by identifying the best available substitutes. The higher the correlation to Lockheed Martin, the less the portfolio's risk profile will shift during the wash-sale waiting period.
The pairwise correlation of Lockheed Martin measures the historical tendency for two assets to move in the same or opposite directions. High correlations between Lockheed Martin and another holding indicate concentrated risk that may amplify losses in adverse market conditions.
Use Correlation analysis and pair trading evaluation for Lockheed Martin to review hedging context. The method can be applied across sectors and broader equity sets.Use Investing Themes to Complement your Lockheed Martin position
Using Lockheed Martin inside a theme workflow gives investors a structured way to compare related stocks, funds, ETFs, and crypto assets before allocating capital. The practical benefit is that the selected idea can be tuned either for higher upside or for tighter risk control.
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Companies involved in money management and investment banking services. The Investing theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Investing Theme or any other thematic opportunities.
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