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

Earnings data Q2 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

Earnings data Q2 2023

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Earnings data Q4 2023

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

Apple

Floor & Decor Holdings

Republic Services

Tyler Technologies

U.S. stocks closed higher on Friday, with the Dow Jones index jumping around 650 points during the session following the release of recent inflation data.

This Analyst With 84% Accuracy Rate Sees More Than 10% Upside In Apple - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts

Boeing

The U.S. Space Force awarded $1.1 billion to Boeing and Lockheed Martin's joint venture, ULA, last week. SpaceX won only $661 million in contracts, despite charging lower prices.

Boeing and Lockheed Martin Crush SpaceX in Latest Space Force Awards

Lockheed Martin turned in a strong quarterly report on Tuesday, with sales rising 9%. Earnings, however, increased only 3%, and few analysts expect Lockheed to exceed that rate going forward.

Is Lockheed Martin Stock a Buy?

Coca-Cola

Union Pacific

Waste Management

Coca-Cola, Lockheed Martin, and Waste Management benefit from a consistently reliable customer base. Union Pacific and UPS operate in cyclical industries but have few competitors.

5 Dividend Stocks to Buy Even if You Are Worried About a Stock Market Sell-Off

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Owning stock gives investors a one-for-one behavior in the underlying stock, and that's good enough when there is a longer timeframe. But it won't cut it for big traders looking to quickly get a hit-and-run stock move.

Why Call Options Volume for These 2 Stocks Spiked Together

Lockheed Martin has delivered no F-35 combat jets in 2024 so far. However, Lockheed Martin reported a sizable order backlog and expectation-beating quarterly financial results.

Is It Too Late to Buy Lockheed Martin Stock Now?

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To gain an edge, this is what you need to know today.

Harris Or Trump – Defense Stocks Are Winning, Tech Battle, Personal Income Drops, Trump Crypto Push

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Lockheed Martin To Rally Over 14%? Here Are 10 Top Analyst Forecasts For Friday

This article compares financial metrics for five of the largest aerospace and defense companies. I outline why Lockheed Martin is my top choice in the industry, highlighting its dividend, revenue and EPS growth, and profitability. Peers such as Northrop Grumman and L3Harris also show robust fundamentals, but I find Lockheed Martin to be the most attractive long-term investment opportunity, even if it's slightly overvalued.

Lockheed Martin: Top Dividend Grower In Aerospace And Defense

As the new earnings season kicks off, investors focus mainly on the technology sector and its biggest releases, like Alphabet Inc. NASDAQ: GOOGL. They still await the—arguably—biggest report that is yet to come for NVIDIA Co. NASDAQ: NVDA to prove or disprove the artificial intelligence valuations that the market is placing on some of these stocks.

Under-the-Radar Stock Set for New Highs After Strong Quarter

AeroVironment

Huntington Ingalls Industries

Like it or not, defense stocks have always been an important sector of the market. Some might make the argument that it's the most important segment.

3 Defense Stocks to Buy as the Geopolitical Temperature Rises

Lockheed Martin saw the biggest single day price increase since last October after the release of its Q2 2024 results yesterday. Strong net sales growth was seen and the EPS also increased. The company upgraded its financial outlook for 2024, and there's potential for actuals to come in even higher. The market multiples, dividends, and share repurchases indicate some upside ahead for LMT.

Lockheed Martin: Robust Sales Growth, Some Upside Ahead

Lockheed Martin Corporation has shown remarkable performance, outperforming the S&P 500 by 60 points over the past decade. The company's recent 2Q24 earnings report revealed strong revenue growth, an impressive backlog, and progress in the F-35 program. Lockheed Martin's raised guidance, stock buybacks, and commitment to R&D indicate renewed momentum and potential for sustainable long-term gains.

Lockheed Martin Goes Boom

Lockheed Martin (LMT) surpassed analysts' expectations with its second-quarter results Tuesday and raised its full-year outlook, sending shares higher.

Lockheed Martin Stock Climbs on Boosted Full-Year Guidance

Revenue growth of 9% YoY, with Q2 2024 net sales reaching $18.1 billion. Free cash flow more than doubled, hitting $1.5 billion in Q2 2024.

Lockheed Martin Reports Strong Q2 2024 Results

Lockheed (LMT) reports Q2 sales of $18.12 billion, which surpasses the Zacks Consensus Estimate by 6% and increases 8.6% year over year.

Lockheed (LMT) Beats on Q2 Earnings, Ups '24 Sales View

Lockheed Martin Corporation (NYSE:LMT ) Q2 2024 Earnings Conference Call July 23, 2024 11:00 AM ET Company Participants Maria Ricciardone - Vice President, Treasurer & Investor Relations Jim Taiclet - Chairman, President & Chief Executive Officer Jay Malave - Chief Financial Officer Conference Call Participants Kristine Liwag - Morgan Stanley Cai von Rumohr - TD Cowen Scott Deuschle - Deutsche Bank Gavin Parsons - UBS Pete Skibitski - Alembic Global Seth Seifman - JPMorgan Sheila Kahyaoglu - Jefferies Ken Herbert - RBC Capital Markets Rob Spingarn - Melius Research Noah Poponak - Goldman Sachs Peter Arment - Baird Jason Gursky - Citi Research Operator Good day, and welcome, everyone, to the Lockheed Martin Second Quarter 2024 Earnings Conference Call. Today's call is being recorded.

Lockheed Martin Corporation (LMT) Q2 2024 Earnings Call Transcript

Lockheed Martin Corp (NYSE:LMT) stock is on the rise today, after the aerospace & defense name announced better-than-expected second-quarter results and lifted its 2024 forecast thanks to strong demand for fighter jets and missiles.

Lockheed Martin Stock Hits 52-Week Highs After Earnings

The headline numbers for Lockheed (LMT) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Lockheed (LMT) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Lockheed Martin (LMT) came out with quarterly earnings of $7.11 per share, beating the Zacks Consensus Estimate of $6.45 per share. This compares to earnings of $6.73 per share a year ago.

Lockheed Martin (LMT) Surpasses Q2 Earnings and Revenue Estimates

Lockheed Martin Corp (NYSE: LMT) has surged more than 2% in premarket trading on Tuesday after surpassing earnings expectations for its fiscal second quarter.  The defense contractor, benefiting from ongoing geopolitical tensions including the Ukraine conflict, reported robust financial performance that exceeded Wall Street's forecasts.

Lockheed Martin surpasses Q2 earnings estimates amid high demand for defense solutions

The defense contractor's second-quarter report smashed Wall Street forecasts. It also lifted earnings and revenue guidance.

Lockheed Earnings Smash Expectations. What Drove the Results.

Lockheed Martin Corp (NYSE:LMT) raised its annual sales target after the U.S. resumed F-35 aircraft deliveries, which had been paused for software upgrades.

Lockheed Martin beats the Street; shares unchanged pre-market

Aerospace giant's stock rises in premarket trades

Lockheed Martin profit dips but beats analysts' estimate

U.S. defense company Lockheed Martin raised its annual sales target for the first time this year on Tuesday, following the unexpected resumption of deliveries of its F-35 aircraft after Pentagon began accepting the jets last week.

News for Lockheed Martin Stock (LMT)