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Lockheed Martin LMT

US equityMarket cap rank #125Aerospace & DefenseSpaceRoboticsDefense
$527.93
+$3.25 (+0.62%)
Market open · Sep 24, 2:00 pm ET
After hours $524.50 -0.03%
Open$523.74
Prev close$524.68
Day range$523.76 – $531.00
Volume445.6K
Market cap$121.84B
P/E (TTM)19.5
Dividend yield2.59%

Price chart

Daily bars for up to one year, weekly bars for the 5-year view. Averages are 50/200 trading days (10/40 weeks on the 5-year view).

LMT at a glance

Lockheed Martin (LMT) is trading at $527.93, up 0.62% on the day. Its market value of $121.84B makes it the 125th largest of the 300 companies we follow.

Over the past 52 weeks it has traded between $429.47 and $683.27, so it sits 22.7% below the top of that range. Holders are ahead 11.4% over twelve months, and up 8.0% across the last three months.

On the chart it has slipped under both the 50-day ($554.79) and 200-day ($555.18) moving averages; RSI is 45, and the last 30 sessions moved at roughly 26% annualized volatility.

For the quarter ended Jun 2026 it reported $20.06B in revenue, up 10.5% from a year earlier, with $1.84B of net profit (a 8.2% margin).

The stock changes hands at 19.5 times trailing earnings, 6% below its five-year average of 20.7. The median for its industry group is 24.6.

14 analysts follow the stock and the average call is "buy". The mean target, $629.77, sits 19.3% over where the stock trades.

This summary is put together from the numbers on the page and updates when they do. It describes the data; it is not a forecast or a recommendation.

Lockheed Martin: the business

Lockheed Martin builds the F-35 fighter, missiles, space systems and helicopters, mostly for the U.S. government.

What tends to move it. Defense budgets, F-35 deliveries and cost overruns on fixed-price programs are the main points.

Written by hand by the BeStock desk and revised when a business changes. See how we work. Spot something out of date? Tell us.

Performance

Price return over each window, from adjusted daily and weekly closes

1 day
+0.6%
1 week
-1.7%
1 month
-5.8%
3 months
+8.0%
6 months
-12.4%
Year to date
+11.1%
1 year
+11.4%
Day range
$523.76$531.00
52-week range
$429.47$683.27

Technical signals

Full technicals →
Trend readStrong downtrend

1 bullish · 6 bearish of 7 signals

IndicatorValueSignal
Price vs 20-day average-1.8%Bearish
Price vs 50-day average-4.8%Bearish
Price vs 200-day average-4.9%Bearish
50-day vs 200-day50d below 200dBearish
RSI (14)44.8Bearish
MACD (12,26,9)-7.92Bullish
Bollinger band position31%Bearish

Standard indicator readings worked out from daily closes. They describe how the price has behaved, not where it is going.

Key statistics

Bid / Ask$528.00 / $528.31
Average price today$527.61
Volume445.6KAvg (90d) 1.21M
Turnover$235.12M
Turnover rate0.23%of shares outstanding
Volume ratio0.42vs. recent average pace
Day amplitude1.38%
Market cap$121.84B
Float market cap$104.21B
Shares outstanding197.40M
EPS (TTM)$21.49
P/E (TTM)19.47
P/B13.90
Book value / share$37.99
Earnings yield0.71%
Dividend (TTM)$13.65 / shareYield 2.59%
Net profit (TTM)$4.96B
Net assets$8.77B
30-day volatility26.1%annualized
Avg daily range (ATR)2.41%of price, 14 days
Max drawdown (1y)-26.9%-21.0% from 1y peak

Quote as of Sep 24, 2026 2:00 pm ET. Prices can lag the live tape. This is background information, not a recommendation.

How LMT ranks on BeStock

Market value#125 of 300
P/E (cheapest = 1)#134 of 283
Dividend yield#77 of 244
Closeness to 52-week high#234 of 300
Dollar volume today#162 of 300

Ranks are among the 300 or so U.S.-listed stocks BeStock covers, recalculated whenever prices refresh. A row is left out when the measure does not apply, such as yield for a stock that pays no dividend.

Latest reported quarter: Q2, ended Jun 2026

Revenue$20.06B+10.5% YoY
Operating profit$2.48B+231.4% YoY
Net profit$1.84B+436.8% YoY
Diluted EPS$7.94+443.8% YoY
Free cash flow$2.92B+2,044.7% YoY
Operating cash flow$3.24B

Revenue, last 8 quarters

$17.1BSep '24$18.6BDec '24$18.0BMar '25$18.2BJun '25$18.6BSep '25$20.3BDec '25$18.0BMar '26$20.1BJun '26

Net profit, last 8 quarters

$1.6BSep '24$527.0MDec '24$1.7BMar '25$342.0MJun '25$1.6BSep '25$1.3BDec '25$1.5BMar '26$1.8BJun '26

Profitability & balance sheet

Gross margin11.8%
Operating margin11.9%
Net margin8.2%
Return on equity89.2%
Return on assets10.4%
Return on invested capital27.2%
Current ratio1.19
Liabilities / assets86.0%
Cash & investments$3.79B
Total debt$20.54B
Net cash (debt)-$16.75B
Free cash flow / sales11.3%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Aeronautics$8.22B 38.9%
  • Rotary and Mission Systems (RMS)$5.02B 23.7%
  • Missiles and Fire Control (MFC)$4.35B 20.6%
  • Space$3.58B 16.9%
Average move on report day±4.7%last 16 reports
Closed higher8 of 1650% of the time
Best reaction+10.5%
Worst reaction-10.8%

Stock move on the day after each report

-6.1%2024/Q3-9.2%2024/Q4+0.8%2025/Q1-10.8%2025/Q2-3.2%2025/Q3+4.2%2025/Q4-4.6%2026/Q1+10.5%2026/Q2

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Valuation

Multiples measured against the stock's own five-year history

Valuation detail →
Price / earnings19.8x
CheapRich

Around its usual level · 43rd percentile, 5-year average 20.7x

#1537 of 2974 stocks by PE (1 = cheapest)

Price / book14.1x
CheapRich

Around its usual level · 46th percentile, 5-year average 14.8x

#4992 of 5300 stocks by PB (1 = cheapest)

Price / sales1.6x
CheapRich

Around its usual level · 40th percentile, 5-year average 1.7x

#2161 of 5139 stocks by PS (1 = cheapest)

P/E over five years

12x19x26x33xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$650.00
Price vs. fair value-18.8%Trading below the estimate
Star rating★★★★☆
Economic moatWide
UncertaintyMedium

Analyst view

All ratings →
ConsensusBuy
Analysts14
Average target$629.77+19.3% vs. price
  • Buy 36%
  • Hold 57%
  • Sell 7%
Low $503.00Now $527.93Avg $629.77High $700.00

Latest rating actions

  • 8 Sep 2026UBSBUY · PT $674.00
  • 14 Aug 2026CitiBUY · PT $691.00
  • 13 Aug 2026CitiBUY · PT $691.00
  • 28 Jul 2026J.P. MorganHOLD · PT $620.00
  • 27 Jul 2026TD CowenHOLD · PT $600.00

Ownership & positioning

Who holds it, who is betting against it, and where the big money is moving

Ownership detail →
Institutional ownership76.0%-0.09 pts vs. prior quarter
Institutions holding3,036-7 vs. prior quarter
Insider trades (recent)1 buys / 4 sellsNet selling
Short interest1.17% of floatDays to cover 2.7 · as of 31 Aug 2026
Short-sale volume share13.4%5-day average of daily volume

Short-sale volume as % of daily volume

-1%9%18%28%Aug '26Sep '26Sep '26

Large-order net flow, last 20 sessions

Net of large-order buying minus selling, in USD. Over this window: −$26.96M (8 inflow days, 12 outflow days).

Dividends

Dividend yield (TTM)2.59%
Last dividend$3.45Ex-date 1 Sep 2026
Next-to-last$3.45
Payments on file40

Dividends paid per share, by year

8.2020189.0020199.80202015.60202111.40202212.15202312.75202413.352025

Across the full calendar years shown, the annual payout grew by roughly 7.2% a year.

Latest headlines

More news →
  • UBS Upgrades Lockheed Martin(LMT.US) to Buy Rating, Raises Target Price to $674Market news · 8 Sep 2026
  • U.S. Missile Inventories Are Running Low. RTX and LMT Stocks Could BenefitTipRanks · 16 Sep 2026
  • Citi Maintains Lockheed Martin(LMT.US) With Buy Rating, Maintains Target Price $691Market news · 14 Aug 2026
  • Citi Maintains Lockheed Martin(LMT.US) With Buy Rating, Raises Target Price to $691Market news · 13 Aug 2026
  • Lockheed Martin Stock (LMT) Rises on Strigo Launch to Boost U.S. Weapons Production PushTipRanks · 11 Aug 2026
  • J.P. Morgan Maintains Lockheed Martin(LMT.US) With Hold Rating, Raises Target Price to $620Market news · 29 Jul 2026

LMT stock: common questions

Where is LMT trading right now?

$527.93 is the latest print for LMT, a move of +0.62% against yesterday's close of $524.68. Today's low and high so far: $523.76 and $531.00.

What is LMT worth in total?

Equity value comes to $121.84B at the current price. By that measure it is number 125 of the 300 names in our coverage.

How is Lockheed Martin valued against its profits?

Buyers pay 19.5 times the last twelve months of profit (EPS $21.49). Averaged over five years the multiple has been 20.7, and today's level ranks in the 43rd percentile of its own history.

Where does LMT sit in its 52-week range?

The year's floor is $429.47 and the ceiling $683.27. Shares are 22.7% away from that ceiling.

Does LMT send cash back through a dividend?

It does. Payouts over the past twelve months work out to a 2.59% yield; the latest ex-dividend date was September 1, 2026.

What is the analyst view on Lockheed Martin?

Of 14 analysts, 36% say buy, 57% hold and 7% sell. Price targets average $629.77, with the most cautious at $503.00 and the most optimistic at $700.00.

What does Lockheed Martin do?

Lockheed Martin builds the F-35 fighter, missiles, space systems and helicopters, mostly for the U.S. government.

BeStock publishes market data and analysis for information only. Nothing here is investment advice or a solicitation to buy or sell any security. Quotes may be delayed and figures can contain errors; check primary sources before you trade. How we source and calculate these pages.

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