Lockheed Financial Statements From 2010 to 2024

LMT Stock  USD 461.33  2.54  0.55%   
Lockheed Martin financial statements provide useful quarterly and yearly information to potential Lockheed Martin investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Lockheed Martin financial statements helps investors assess Lockheed Martin's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Lockheed Martin's valuation are summarized below:
Gross Profit
8.4 B
Profit Margin
0.1024
Market Capitalization
111.6 B
Enterprise Value Revenue
1.8401
Revenue
67.6 B
There are currently one hundred twenty fundamental ratios for Lockheed Martin that can be evaluated and compared over time across peers in the industry. All traders should check Lockheed Martin's last-minute fundamentals against the performance from 2010 to 2024 and make sure the trends continue to evolve in the right direction. Market Cap is likely to drop to about 14.9 B in 2024. Enterprise Value is likely to drop to about 25.6 B in 2024

Lockheed Martin Total Revenue

44.52 Billion

Check Lockheed Martin financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lockheed main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 B, Interest Expense of 540.7 M or Total Revenue of 44.5 B, as well as many exotic indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.02 or PTB Ratio of 25.09. Lockheed financial statements analysis is a perfect complement when working with Lockheed Martin Valuation or Volatility modules.
  
This module can also supplement Lockheed Martin's financial leverage analysis and stock options assessment as well as various Lockheed Martin Technical models . Check out the analysis of Lockheed Martin Correlation against competitors.
For more information on how to buy Lockheed Stock please use our How to Invest in Lockheed Martin guide.

Lockheed Martin Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding295.6 M251.2 M303.9 M
Slightly volatile
Total Assets38.5 B52.5 B43.2 B
Slightly volatile
Short and Long Term Debt Total9.7 B17.5 B11.1 B
Slightly volatile
Other Current Liabilities3.8 B5.3 B3.6 B
Slightly volatile
Total Current Liabilities11.9 B16.9 B12.8 B
Slightly volatile
Property Plant And Equipment Net5.2 B8.4 B5.9 B
Slightly volatile
Current Deferred Revenue5.8 B9.2 B6.6 B
Slightly volatile
Net Debt16.8 B16 B9.7 B
Slightly volatile
Retained Earnings11.6 B15.4 B14.5 B
Slightly volatile
Accounts Payable1.8 B2.3 B1.7 B
Very volatile
CashB1.4 BB
Pretty Stable
Non Current Assets Total24.4 B31.9 B27.4 B
Slightly volatile
Non Currrent Assets OtherB4.5 B4.4 B
Very volatile
Cash And Short Term InvestmentsB1.4 BB
Pretty Stable
Net Receivables16.1 B15.3 B9.7 B
Slightly volatile
Good Will10.1 B10.8 B10.3 B
Slightly volatile
Liabilities And Stockholders Equity38.5 B52.5 B43.2 B
Slightly volatile
Non Current Liabilities Total20.8 B28.7 B26.3 B
Slightly volatile
Inventory3.3 B3.1 B3.4 B
Pretty Stable
Other Current Assets805.3 M632 M730.6 M
Very volatile
Total Liabilities32.8 B45.6 B39.1 B
Slightly volatile
Total Current Assets14.2 B20.5 B15.8 B
Slightly volatile
Short Term Debt159.6 M168 M864.4 M
Slightly volatile
Intangible Assets3.5 B2.2 B5.1 B
Slightly volatile
Common Stock261 M240 M281 M
Slightly volatile
Common Stock Total Equity270.8 M228.6 M281 M
Slightly volatile
Property Plant And Equipment Gross22.2 B21.2 B9.4 B
Slightly volatile
Other Liabilities13.9 B13.1 B15.7 B
Very volatile
Other Assets7.1 B12.3 B8.2 B
Slightly volatile
Long Term Debt9.5 B17.3 B11 B
Slightly volatile
Property Plant Equipment5.4 B9.2 B5.9 B
Slightly volatile
Retained Earnings Total Equity16.7 B19.5 B15.7 B
Slightly volatile
Long Term Debt Total11 B17.7 B10.9 B
Slightly volatile
Non Current Liabilities OtherB5.2 B15.6 B
Slightly volatile
Deferred Long Term Asset Charges4.7 B7.6 B5.5 B
Slightly volatile
Long Term Investments1.4 B1.4 B1.2 B
Slightly volatile
Short and Long Term Debt159.6 M168 M3.4 B
Slightly volatile
Cash And Equivalents2.6 B2.9 B2.2 B
Slightly volatile
Net Invested Capital21.2 B24.3 B16.7 B
Slightly volatile
Net Working Capital4.7 B3.6 B4.5 B
Pretty Stable
Capital Stock214 M240 M271.1 M
Slightly volatile

Lockheed Martin Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.1 B1.4 B1.1 B
Slightly volatile
Interest Expense540.7 M916 M528.1 M
Slightly volatile
Total Revenue44.5 B67.6 B51.3 B
Slightly volatile
Gross Profit4.5 B8.5 BB
Slightly volatile
Other Operating Expenses40 B59.1 B45.3 B
Slightly volatile
Operating Income4.6 B8.5 B6.1 B
Slightly volatile
EBIT4.5 B8.5 BB
Slightly volatile
EBITDA5.5 B8.5 BB
Slightly volatile
Cost Of Revenue40 B59.1 B45.3 B
Slightly volatile
Income Before Tax8.5 B8.1 B5.7 B
Slightly volatile
Research Development1.1 B1.5 B1.1 B
Slightly volatile
Net Income Applicable To Common Shares3.6 B6.6 B4.2 B
Slightly volatile
Net Income From Continuing Ops4.9 BB4.6 B
Slightly volatile
Minority Interest19.7 M20.7 M63.2 M
Slightly volatile
Tax Provision1.1 B1.2 B1.3 B
Very volatile
Interest Income668.4 M716.5 M564.1 M
Slightly volatile
Reconciled Depreciation1.4 B1.4 B1.3 B
Slightly volatile

Lockheed Martin Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation278.2 M265 M203.9 M
Pretty Stable
Free Cash Flow6.5 B6.2 B4.4 B
Slightly volatile
Begin Period Cash FlowB2.5 B2.1 B
Pretty Stable
Depreciation1.1 B1.4 B1.1 B
Slightly volatile
Dividends Paid3.2 B3.1 B2.1 B
Slightly volatile
Capital ExpendituresB1.7 B1.2 B
Slightly volatile
Total Cash From Operating Activities4.1 B7.9 B5.3 B
Slightly volatile
End Period Cash Flow2.1 B1.4 B2.1 B
Pretty Stable
Exchange Rate Changes4.3 M4.5 M7.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.761.67891.365
Slightly volatile
Dividend Yield0.020.02690.0293
Slightly volatile
Days Sales Outstanding46.0282.727461.8979
Slightly volatile
Free Cash Flow Yield0.07730.05490.0629
Pretty Stable
Operating Cash Flow Per Share33.2231.64219.8083
Slightly volatile
Stock Based Compensation To Revenue0.00410.00390.0047
Slightly volatile
EV To Sales2.011.9161.5402
Slightly volatile
Free Cash Flow Per Share26.1324.886115.488
Slightly volatile
ROIC0.180.29920.2981
Very volatile
Inventory Turnover10.6318.867213.8814
Slightly volatile
Days Of Inventory On Hand36.3119.345828.7681
Slightly volatile
Payables Turnover19.9425.558830.6473
Slightly volatile
Research And Ddevelopement To Revenue0.01790.02220.0217
Very volatile
Cash Per Share4.395.76116.7997
Pretty Stable
POCF Ratio8.9814.32413.3847
Pretty Stable
Interest Coverage7.239.287111.53
Very volatile
PFCF Ratio13.7418.212519.427
Very volatile
Days Payables Outstanding18.4114.280814.24
Slightly volatile
EV To Operating Cash Flow11.2416.346315.3006
Pretty Stable
Return On Tangible Assets0.180.17540.1371
Slightly volatile
EV To Free Cash Flow24.420.783922.7086
Very volatile
Intangibles To Total Assets0.340.2480.2912
Very volatile
Net Debt To EBITDA1.891.53361.2842
Slightly volatile
Current Ratio0.951.21161.2214
Very volatile
Receivables Turnover7.264.41216.1015
Slightly volatile
Graham Number13713069.6845
Slightly volatile
Revenue Per Share283270185
Slightly volatile
Interest Debt Per Share77.0873.411944.5998
Slightly volatile
Debt To Assets0.290.33280.2659
Slightly volatile
Enterprise Value Over EBITDA7.9312.395910.5008
Slightly volatile
Short Term Coverage Ratios52.9847.1429118
Slightly volatile
Operating Cycle99.5810291.816
Slightly volatile
Days Of Payables Outstanding18.4114.280814.24
Slightly volatile
Price To Operating Cash Flows Ratio8.9814.32413.3847
Pretty Stable
Price To Free Cash Flows Ratio13.7418.212519.427
Very volatile
Pretax Profit Margin0.06410.11980.1002
Slightly volatile
Ebt Per Ebit0.650.95190.873
Slightly volatile
Operating Profit Margin0.07660.12590.1134
Slightly volatile
Effective Tax Rate0.140.14550.2484
Slightly volatile
Long Term Debt To Capitalization0.490.71670.7312
Pretty Stable
Total Debt To Capitalization0.50.71870.7466
Pretty Stable
Return On Capital Employed0.140.23950.1944
Slightly volatile
Ebit Per Revenue0.07660.12590.1134
Slightly volatile
Quick Ratio0.60.98940.8446
Slightly volatile
Cash Ratio0.130.08510.1573
Very volatile
Cash Conversion Cycle81.1787.792477.576
Slightly volatile
Operating Cash Flow Sales Ratio0.06830.11720.0985
Slightly volatile
Days Of Inventory Outstanding36.3119.345828.7681
Slightly volatile
Days Of Sales Outstanding46.0282.727461.8979
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.550.78650.7267
Pretty Stable
Cash Flow Coverage Ratios0.370.45360.4573
Slightly volatile
Fixed Asset Turnover6.918.0738.6928
Pretty Stable
Price Cash Flow Ratio8.9814.32413.3847
Pretty Stable
Enterprise Value Multiple7.9312.395910.5008
Slightly volatile
Debt Ratio0.290.33280.2659
Slightly volatile
Cash Flow To Debt Ratio0.370.45360.4573
Slightly volatile
Price Sales Ratio1.761.67891.365
Slightly volatile
Return On Assets0.140.13190.0986
Slightly volatile
Asset Turnover0.941.28811.187
Very volatile
Gross Profit Margin0.0760.12550.1109
Slightly volatile

Lockheed Martin Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap14.9 B26.9 B27 B
Pretty Stable
Enterprise Value25.6 B30.9 B33 B
Pretty Stable

Lockheed Fundamental Market Drivers

Forward Price Earnings17.331
Cash And Short Term Investments1.4 B

Lockheed Upcoming Events

16th of April 2024
Upcoming Quarterly Report
View
16th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
28th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Lockheed Martin Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Lockheed Martin income statement, its balance sheet, and the statement of cash flows. Lockheed Martin investors use historical funamental indicators, such as Lockheed Martin's revenue or net income, to determine how well the company is positioned to perform in the future. Although Lockheed Martin investors may use each financial statement separately, they are all related. The changes in Lockheed Martin's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Lockheed Martin's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Lockheed Martin Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Lockheed Martin. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue9.2 B5.8 B
Total Revenue67.6 B44.5 B
Cost Of Revenue59.1 B40 B
Stock Based Compensation To Revenue 0  0 
Sales General And Administrative To Revenue 0.00  0.00 
Research And Ddevelopement To Revenue 0.02  0.02 
Capex To Revenue(0.03)(0.03)
Revenue Per Share 269.96  283.46 
Ebit Per Revenue 0.13  0.08 

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When determining whether Lockheed Martin is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Lockheed Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Lockheed Martin Stock. Highlighted below are key reports to facilitate an investment decision about Lockheed Martin Stock:
Check out the analysis of Lockheed Martin Correlation against competitors.
For more information on how to buy Lockheed Stock please use our How to Invest in Lockheed Martin guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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Is Lockheed Martin's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lockheed Martin. If investors know Lockheed will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lockheed Martin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.024
Dividend Share
12.15
Earnings Share
27.55
Revenue Per Share
269.96
Quarterly Revenue Growth
(0.01)
The market value of Lockheed Martin is measured differently than its book value, which is the value of Lockheed that is recorded on the company's balance sheet. Investors also form their own opinion of Lockheed Martin's value that differs from its market value or its book value, called intrinsic value, which is Lockheed Martin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lockheed Martin's market value can be influenced by many factors that don't directly affect Lockheed Martin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lockheed Martin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lockheed Martin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lockheed Martin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.