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Lockheed Martin LMT

US equityMarket cap rank #150Aerospace & DefenseSpaceRoboticsDefense
$567.08 −$9.08 (-1.58%)
Market closed · Nov 6, 8:10 pm ET · Last extended-hours $569.04 +0.35%
Open$569.00
Prev close$576.16
Day range$561.85 – $572.50
Volume1.39M
Market cap$131.00B
P/E (TTM)20.1
Dividend yield2.43%

Valuation

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

Price / earnings22.6x
CheapRich

Above its usual level · 74th percentile, 5-year average 20.8x

#1751 of 2972 stocks by PE (1 = cheapest)

Price / book14.6x
CheapRich

Around its usual level · 48th percentile, 5-year average 14.8x

#5035 of 5311 stocks by PB (1 = cheapest)

Price / sales1.9x
CheapRich

Near the top of its 5-year range · 85th percentile, 5-year average 1.7x

#2409 of 5150 stocks by PS (1 = cheapest)

P/E over five years

11x19x26x34xJan '21Nov '23Nov '26

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

Morningstar fair value estimate

Fair value$680.00
Price vs. fair value-16.6%Trading below the estimate
Star rating★★★☆☆
Economic moatWide
UncertaintyMedium
MultipleCurrentForward5y averagePercentile vs. own historyIndustry rank
PB 14.62 – 14.81 48% (cheaper than usual) #5035 of 5311 (1 = cheapest)
PE 22.62 19.94 20.80 74% (pricier than usual) #1751 of 2972 (1 = cheapest)
PS 1.86 1.71 1.67 85% (pricier than usual) #2409 of 5150 (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. Forward multiples use consensus estimates for the next twelve months; a forward multiple below the current one usually signals analysts expect earnings to grow.

Morningstar view

Star rating★★★
Fair value estimate$680.00
Economic moatWide
UncertaintyMedium

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