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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%

Valuation

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

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

11x19x26x34xSep '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
MultipleCurrent5y averagePercentile vs. own historyIndustry rank
PB 14.14 14.82 46% (cheaper than usual) #4992 of 5300 (1 = cheapest)
PE 19.81 20.66 43% (cheaper than usual) #1537 of 2974 (1 = cheapest)
PS 1.61 1.67 40% (cheaper than usual) #2161 of 5139 (1 = cheapest)

Percentile is against this stock’s own 5-year valuation range: higher means it’s trading rich relative to its own history, lower means cheap relative to its own history — it is not a comparison against other companies.

Morningstar view

Star rating★★★★
Fair value estimate$650.00
Economic moatWide
UncertaintyMedium
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