Lockheed Income Statement Research

LMT Stock

USD 460.08 1.25 0.27%

Most accounts from Lockheed Martin's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Lockheed Martin Valuation and Lockheed Martin Correlation analysis.

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 Income Before Tax is comparatively stable compared to the past year. Net Income is likely to gain to about 7.3 B in 2024, whereas Total Revenue is likely to drop slightly above 44.5 B in 2024.

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 Income Before Tax is comparatively stable compared to the past year. Net Income is likely to gain to about 7.3 B in 2024, whereas Total Revenue is likely to drop slightly above 44.5 B in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	569M	623M	916M	540.7M
Depreciation And Amortization	1.4B	1.4B	1.4B	1.1B

Interest Expense Depreciation And Amortization

Lockheed Martin income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Total Operating Expenses	Research Development	Selling General Administrative	Net Income From Continuing Ops	Non Operating Income Net Other	Discontinued Operations	Minority Interest	Tax Provision	Interest Income	Extraordinary Items	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.87	0.92	0.91	0.91	0.92	0.93	0.92	0.91	0.82	-0.67	0.8	-0.04	0.7	0.82	0.68	0.67	-0.1	-0.1	-0.73	0.07	0.73	-0.28	-0.01	0.58
Interest Expense	0.87		0.77	0.77	0.76	0.78	0.83	0.77	0.76	0.75	-0.52	0.73	-0.21	0.59	0.76	0.79	0.6	-0.34	-0.04	-0.66	0.12	0.91	-0.31	-0.29	0.49
Total Revenue	0.92	0.77		0.95	1.0	0.95	0.93	0.92	1.0	0.82	-0.62	0.78	0.0	0.82	0.7	0.51	0.74	-0.13	-0.31	-0.71	-0.02	0.56	-0.28	0.09	0.51
Gross Profit	0.91	0.77	0.95		0.93	1.0	0.95	0.95	0.93	0.83	-0.73	0.8	-0.02	0.78	0.81	0.61	0.8	-0.24	-0.3	-0.76	-0.08	0.61	-0.28	0.15	0.46
Other Operating Expenses	0.91	0.76	1.0	0.93		0.93	0.91	0.9	1.0	0.81	-0.59	0.77	0.0	0.82	0.67	0.48	0.72	-0.1	-0.31	-0.68	0.0	0.54	-0.28	0.08	0.51
Operating Income	0.92	0.78	0.95	1.0	0.93		0.96	0.96	0.93	0.82	-0.73	0.79	0.01	0.77	0.8	0.61	0.79	-0.24	-0.27	-0.74	-0.05	0.62	-0.28	0.16	0.45
Ebit	0.93	0.83	0.93	0.95	0.91	0.96		0.99	0.91	0.81	-0.6	0.8	0.04	0.67	0.72	0.58	0.73	-0.16	-0.05	-0.65	0.0	0.65	-0.18	0.13	0.4
Ebitda	0.92	0.77	0.92	0.95	0.9	0.96	0.99		0.9	0.79	-0.66	0.79	0.13	0.66	0.71	0.57	0.69	-0.16	-0.04	-0.63	0.01	0.62	-0.19	0.22	0.34
Cost Of Revenue	0.91	0.76	1.0	0.93	1.0	0.93	0.91	0.9		0.81	-0.59	0.77	0.0	0.82	0.67	0.48	0.72	-0.1	-0.31	-0.69	0.0	0.54	-0.28	0.08	0.51
Income Before Tax	0.82	0.75	0.82	0.83	0.81	0.82	0.81	0.79	0.81		-0.48	0.94	-0.3	0.87	0.71	0.68	0.77	-0.14	-0.31	-0.87	-0.07	0.7	-0.3	-0.29	0.68
Total Other Income Expense Net	-0.67	-0.52	-0.62	-0.73	-0.59	-0.73	-0.6	-0.66	-0.59	-0.48		-0.51	-0.11	-0.49	-0.75	-0.59	-0.48	0.45	0.18	0.55	0.14	-0.53	0.22	-0.31	-0.23
Net Income	0.8	0.73	0.78	0.8	0.77	0.79	0.8	0.79	0.77	0.94	-0.51		-0.44	0.82	0.67	0.62	0.83	-0.2	-0.13	-0.81	-0.33	0.69	0.01	-0.29	0.65
Income Tax Expense	-0.04	-0.21	0.0	-0.02	0.0	0.01	0.04	0.13	0.0	-0.3	-0.11	-0.44		-0.32	-0.19	-0.21	-0.49	0.11	0.15	0.44	0.62	-0.28	-0.35	0.76	-0.61
Total Operating Expenses	0.7	0.59	0.82	0.78	0.82	0.77	0.67	0.66	0.82	0.87	-0.49	0.82	-0.32		0.6	0.49	0.78	-0.22	-0.57	-0.8	-0.24	0.47	-0.26	-0.2	0.62
Research Development	0.82	0.76	0.7	0.81	0.67	0.8	0.72	0.71	0.67	0.71	-0.75	0.67	-0.19	0.6		0.87	0.71	-0.2	-0.28	-0.87	0.02	0.79	-0.41	-0.03	0.66
Selling General Administrative	0.68	0.79	0.51	0.61	0.48	0.61	0.58	0.57	0.48	0.68	-0.59	0.62	-0.21	0.49	0.87		0.52	-0.34	-0.18	-0.79	0.2	0.93	-0.51	-0.23	0.5
Net Income From Continuing Ops	0.67	0.6	0.74	0.8	0.72	0.79	0.73	0.69	0.72	0.77	-0.48	0.83	-0.49	0.78	0.71	0.52		-0.17	-0.36	-0.84	-0.46	0.51	0.02	-0.1	0.63
Non Operating Income Net Other	-0.1	-0.34	-0.13	-0.24	-0.1	-0.24	-0.16	-0.16	-0.1	-0.14	0.45	-0.2	0.11	-0.22	-0.2	-0.34	-0.17		0.17	0.11	0.25	-0.42	0.08	0.14	0.27
Discontinued Operations	-0.1	-0.04	-0.31	-0.3	-0.31	-0.27	-0.05	-0.04	-0.31	-0.31	0.18	-0.13	0.15	-0.57	-0.28	-0.18	-0.36	0.17		0.5	-0.03	-0.02	0.59	0.09	-0.33
Minority Interest	-0.73	-0.66	-0.71	-0.76	-0.68	-0.74	-0.65	-0.63	-0.69	-0.87	0.55	-0.81	0.44	-0.8	-0.87	-0.79	-0.84	0.11	0.5		0.11	-0.71	0.38	0.25	-0.82
Tax Provision	0.07	0.12	-0.02	-0.08	0.0	-0.05	0.0	0.01	0.0	-0.07	0.14	-0.33	0.62	-0.24	0.02	0.2	-0.46	0.25	-0.03	0.11		0.13	-0.76	0.11	-0.14
Interest Income	0.73	0.91	0.56	0.61	0.54	0.62	0.65	0.62	0.54	0.7	-0.53	0.69	-0.28	0.47	0.79	0.93	0.51	-0.42	-0.02	-0.71	0.13		-0.34	-0.37	0.49
Extraordinary Items	-0.28	-0.31	-0.28	-0.28	-0.28	-0.28	-0.18	-0.19	-0.28	-0.3	0.22	0.01	-0.35	-0.26	-0.41	-0.51	0.02	0.08	0.59	0.38	-0.76	-0.34		0.01	-0.17
Net Interest Income	-0.01	-0.29	0.09	0.15	0.08	0.16	0.13	0.22	0.08	-0.29	-0.31	-0.29	0.76	-0.2	-0.03	-0.23	-0.1	0.14	0.09	0.25	0.11	-0.37	0.01		-0.49
Reconciled Depreciation	0.58	0.49	0.51	0.46	0.51	0.45	0.4	0.34	0.51	0.68	-0.23	0.65	-0.61	0.62	0.66	0.5	0.63	0.27	-0.33	-0.82	-0.14	0.49	-0.17	-0.49

Click cells to compare fundamentals

Lockheed Martin Account Relationship Matchups

Lockheed Martin income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	653M	591M	569M	623M	916M	540.7M
Total Revenue	59.8B	65.4B	67.0B	66.0B	67.6B	44.5B
Gross Profit	8.4B	8.7B	9.1B	8.3B	8.5B	4.5B
Operating Income	8.5B	8.6B	9.1B	8.3B	8.5B	4.6B
Ebit	7.9B	8.8B	8.1B	7.3B	8.5B	4.5B
Ebitda	9.1B	10.1B	9.5B	8.7B	8.5B	5.5B
Cost Of Revenue	51.4B	56.7B	58.0B	57.7B	59.1B	40.0B
Income Before Tax	7.2B	8.2B	7.6B	6.7B	8.1B	8.5B
Net Income	6.2B	6.8B	6.3B	5.7B	6.9B	7.3B
Income Tax Expense	1.0B	1.3B	1.2B	948M	(1.2B)	(1.1B)
Minority Interest	74M	55M	44M	23M	20.7M	19.7M
Tax Provision	1.0B	1.3B	1.2B	948M	1.2B	1.1B
Interest Income	653M	591M	569M	623M	716.5M	668.4M
Net Interest Income	(653M)	(591M)	(569M)	(623M)	(864M)	(907.2M)

Lockheed Martin Investors Sentiment

The influence of Lockheed Martin's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Lockheed. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Lockheed Martin's public news can be used to forecast risks associated with an investment in Lockheed. The trend in average sentiment can be used to explain how an investor holding Lockheed can time the market purely based on public headlines and social activities around Lockheed Martin. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Lockheed Martin's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Lockheed Martin's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Lockheed Martin's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Lockheed Martin.

Lockheed Martin Implied Volatility

49.42

Lockheed Martin's implied volatility exposes the market's sentiment of Lockheed Martin stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Lockheed Martin's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Lockheed Martin stock will not fluctuate a lot when Lockheed Martin's options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Lockheed Martin in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Lockheed Martin's short interest history, or implied volatility extrapolated from Lockheed Martin options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

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:

How To Invest In Lockheed

Details

Is Lockheed Stock a good investment?

Details

What is Lockheed Martin's Net Worth?

Details

Largest Aerospace & Defense Companies

View

Largest Industrials Companies

View

Check out Lockheed Martin Valuation and Lockheed Martin Correlation analysis.

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

You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Lockheed Stock analysis

When running Lockheed Martin's price analysis, check to measure Lockheed Martin's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lockheed Martin is operating at the current time. Most of Lockheed Martin's value examination focuses on studying past and present price action to predict the probability of Lockheed Martin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lockheed Martin's price. Additionally, you may evaluate how the addition of Lockheed Martin to your portfolios can decrease your overall portfolio volatility.

	Insider Screener Find insiders across different sectors to evaluate their impact on performance
	Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
	Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
	Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities
	Stocks Directory Find actively traded stocks across global markets
	Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges
	Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Lockheed Income Statement Research

Lockheed Martin income statement Correlations

Lockheed Martin Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Lockheed Martin income statement Accounts

Lockheed Martin Investors Sentiment

Lockheed Martin Implied Volatility

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Lockheed Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Operating Income	+ 1.0	Gross Profit
Cost Of Revenue	+ 1.0	Other Operating Expenses
Ebitda	+ 0.99	Ebit
Ebit	+ 0.96	Operating Income

Minority Interest	- 0.87	Research Development
Minority Interest	- 0.87	Income Before Tax
Minority Interest	- 0.84	Net Income From Continuing Ops
Reconciled Depreciation	- 0.82	Minority Interest
Minority Interest	- 0.81	Net Income
Minority Interest	- 0.8	Total Operating Expenses