Revenue segments as reported by the company.

Aeronautics

Missiles and Fire Control

Rotary and Mission Systems

Space

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Other Expense

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Lockheed Martin

Sikorsky Aircraft is an American aircraft manufacturer based in Stratford, Connecticut. Sikorsky manufacters airpanes, helicopters, as well as other aircraft and products.

Sikorsky Aircraft

Sandia National Laboratories is one of three National Nuclear Security Administration research and development laboratories. Their primary mission is to develop, engineer, and test the non-nuclear components of nuclear weapons.

Sandia National Laboratories

Lockheed Martin Corp. is a global security and aerospace company, which engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services. It operates through the following business segments: Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS), and Space. The Aeronautics segment research, designs, develops, manufactures, integrates, sustains, supports, and upgrades advanced military aircraft, including combat and air mobility aircraft, unmanned air vehicles, and related technologies. The MFC segment is involved in air and missile defense systems, tactical missiles and air-to-ground precision strike weapon systems, logistics, fire control systems, mission operations support, readiness, engineering support and integration services, manned and unmanned ground vehicles, and energy management solutions. The RMS segment designs, manufactures, services, and supports various military and commercial helicopters, surface ships, sea and land-based missile defense systems, radar systems, sea and air-based mission and combat systems, command and control mission solutions, cyber solutions, and simulation and training solutions. The Space segment includes the production of satellites, space transportation systems, and strategic, advanced strike, and defensive systems. The company was founded in 1912 and is headquartered in Bethesda, MD.

Earnings data Q1 2021

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Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

Lockheed Martin reports robust earnings, eyes growth in hypersonics

Lockheed Martin's Q4 2022 earnings call highlighted strong financial performance, strategic investments in growth areas, and challenges in maintaining margins. The company's focus on operational efficiency and future growth opportunities positions it well for continued success. Opportunities in hypersonics, new awards, and emerging technologies present avenues for further expansion.

Lockheed Martin reports robust Q1 performance and eyes international growth

Lockheed Martin's Q1 performance reflects strong sales growth, margin stability, and cash flow improvement. The company's strategic focus on technology development, international markets, and supply chain management will drive future growth. Opportunities in defense spending, international programs, and margin expansion position Lockheed Martin for continued success.

Lockheed Martin excels in Q2 with record backlog and raised outlook, eyes F-35 expansion and international growth

Lockheed Martin's Q2 performance reflects strong financial health and growth prospects driven by defense budget support, innovation, and international partnerships. While facing challenges in certain segments, the company is well-positioned to capitalize on opportunities in defense technology and production expansion.

Lockheed Martin reports solid Q3 earnings, eyes international growth

Lockheed Martin's Q3 performance reflects steady growth, strong financials, and a focus on shareholder value. The company faces challenges in managing margins, pension pressures, and program risks while capitalizing on international opportunities and technological advancements.

Lockheed Martin exceeds Q4 expectations, focuses on growth and security

Lockheed Martin's Q4 2023 earnings call highlighted strong financial performance, sustained sales growth, and a focus on shareholder returns in 2024. The company is addressing margin compression challenges through cost control and supply chain optimization while investing in R&D to enhance defense capabilities. Opportunities lie in growth drivers like missiles and defense systems.

Lockheed Martin reports strong Q1 earnings, eyes growth opportunities

Lockheed Martin's Q1 2024 earnings call highlighted robust financial performance, strengths in key programs, challenges in the F-35 program and supply chain, and growth opportunities in digital contracting and modernization efforts.
The company emphasized a mission-centric approach, shareholder returns, and a focus on diversifying sources and contract formats to mitigate risks and drive future growth.
Expectations for stability in the business, a slowdown in quarterly sales growth, and plans for strategic reassessment indicate a proactive stance towards market dynamics and evolving defense needs.
Overall, Lockheed Martin's earnings call outlined a strategic roadmap for continued success, innovation, and resilience in the defense industry landscape.

Lockheed Martin (LMT) reports robust Q3 performance and growth opportunities

Lockheed Martin's Q3 2024 performance showcased strong financials, driven by a record backlog, increased sales, and operational improvements. The company's focus on key strengths like the F-35 program and dividend growth positions it well for future success. While challenges exist in maintaining growth, opportunities in international collaborations and innovation present avenues for continued expansion.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Defense companies struggled with margins in 2023, but that could improve in 2024. Lockheed Martin needs to get a technology refresh validated in 2024, and that should lead to increased F-35 deliveries.

Why Lockheed Martin Trailed the Market in 2023

CACI

Science Applications International

The aerospace and defense stocks sector was a huge laggard in 2023, but investors might see an uptick in momentum this year. Geopolitical tensions across the globe, including the most recent Israel-Hamas War, highlight the importance of increased portfolio protection.

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Lockheed Martin is a leading defense and aerospace company with a competitive range of defense programs. The firm has seen mostly flat financial performance in FY23, but increasing global defense spending could drive substantial future growth. Shares of Lockheed appear to be modestly undervalued by around 12% in a base-case scenario.

Lockheed Martin: A Solid Bet On The Future Of Defense And Aerospace (Rating Upgrade)

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In 1970, the American singer-songwriter Edwin Starr released a song titled “War,” in which he concluded that is, in fact, good for absolutely nothing. Despite this popular stance, the five decades since have seemingly proven that war is, in fact, quite good for several things, including the market performance of the so-called “war stocks.

Why war may not be good for war stocks

The first U.S. commercial moon lander is facing a race against time after suffering a failure in its propulsion system just hours into its historic mission.

Private lunar lander faces race against time after suffering ‘propellant leak' in troubled moon mission

Some $2 billion worth of Lockheed Martin Black Hawk helicopters are set to go to Greece. The brand-new Black Hawks will replace Greece's Textron UH-1H Huey helicopter fleet.

Lockheed Martin to Replace Greece's Entire Helicopter Fleet. Is Lockheed Stock a Buy?

United Launch Alliance's Vulcan rocket successfully launched its long-awaited inaugural mission and deployed its main payload, the Peregrine lunar cargo lander.

ULA's Vulcan rocket launches as the newest challenger to SpaceX

SpaceX rival United Launch Alliance (ULA), a joint venture between Boeing Co (NYSE:BA, ETR:BCO) and Lockheed Martin (NYSE:LMT), launched its new Vulcan rocket bound for the moon on Monday. ULA's next generation Vulcan, itself a successor to the Delta IV and Atlas V rockets, successfully launched from Florida's Cape Canaveral Space Force Station on Monday morning.

Boeing and Lockheed-owned SpaceX rival ULA launches new rocket for moon

The rocket, which is the successor to ULA's Delta IV and Atlas V rockets, is transporting the first commercial lunar lander on its journey to the surface of the moon, as well as a mission carrying cremated human remains into deep space.

Boeing and Lockheed's ULA launches first Vulcan rocket, sending private lander to the moon

A lot is riding on the first launch of the new Vulcan rocket by the United Launch Alliance, a joint venture of Boeing and Lockheed Martin.

Vulcan rocket's space debut will be crucial for Boeing-Lockheed venture as sale talks loom

SpaceX rival United Launch Alliance is making final preparations ahead of the debut launch of its new Vulcan rocket.

Boeing and Lockheed's ULA set to launch first Vulcan rocket, sending private lander to the moon

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2023 was a year when growth outperformed value by a huge margin, led by the technology-heavy Nasdaq 100. However, in 2024, there might be a reversal of fortunes, given the numerous headwinds on the horizon.

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Lockheed (LMT), under the latest contract modification, has the scope to provide hardware in the loop primary mission equipment for labs supporting the integration and sell-off of F-35 jets.

Lockheed (LMT) Wins Contract to Aid F-35 Fighter Jet Program

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Apple's staggering profitability could be your key to dividend growth. Lockheed Martin is making the world safer -- and providing ballast to its shareowners' portfolios.

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Newmont operates through the following geographical segments: North America South America Nevada Australia Africa The North American segment consists primarily of Carlin Phoenix Twin creeks Long canyon in the state of Nevada Cripple Creek and Victor in the state of Colorado in the United States.

6 Dividend Stocks That Safeguard You During a Market Crash

Lockheed Martin is a high-quality, long-term investment choice that's value-priced, especially in a frothy market. LMT benefits from long-lived contracts in the defense industry, including the F-35 program, resulting in steady revenue growth and respectable margins. It has a strong balance sheet, a low leverage ratio, and a well-covered dividend, making it an attractive option for income and growth investors.

Lockheed Martin: Opportunity Knocks

Since it began launching rockets, SpaceX has consistently underpriced rocket launches from Boeing-Lockheed joint venture United Launch Alliance. In November 2023, ULA secured bid prices almost identical to SpaceX's prices to win 11 launch contracts with the U.S. Space Force.

Jaw-Dropping News: Boeing and Lockheed Just Matched SpaceX's Prices

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Lockheed Martin is an attractively priced stock, but there's a risk to its earnings expectations. The defense spending outlook is positive, at least for now.

Where Will Lockheed Martin Stock Be in 1 Year?

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Kinder Morgan generates very predictable cash flow. Equinix has lots of visible growth ahead.

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Lockheed Martin is a leading defense contractor, manufacturing a wide range of combat systems for the land, air, sea, and cyber domains. The company has shown stable and improving financials, with strong sales and net income growth. Lockheed Martin is attractively priced compared to its historical valuation and peers, and offers capital returns through share buybacks and a growing dividend.

News for Lockheed Martin Stock (LMT)