Lockheed Martin Balance Sheet Health
Financial Health criteria checks 4/6
Lockheed Martin has a total shareholder equity of $7.2B and total debt of $19.3B, which brings its debt-to-equity ratio to 268.3%. Its total assets and total liabilities are $55.5B and $48.3B respectively. Lockheed Martin's EBIT is $9.0B making its interest coverage ratio 8.7. It has cash and short-term investments of $3.2B.
Key information
268.3%
Debt to equity ratio
US$19.32b
Debt
| Interest coverage ratio | 8.7x |
| Cash | US$3.15b |
| Equity | US$7.20b |
| Total liabilities | US$48.32b |
| Total assets | US$55.52b |
Recent financial health updates
We Think Lockheed Martin (NYSE:LMT) Can Stay On Top Of Its Debt
Oct 01
Does Lockheed Martin (NYSE:LMT) Have A Healthy Balance Sheet?
May 23Is Lockheed Martin (NYSE:LMT) A Risky Investment?
Feb 09Recent updates
Why Lockheed Martin Stock Is A Buy In 2025 Despite Low Growth
Dec 09Lockheed Martin Corporation (NYSE:LMT) Shares Could Be 29% Below Their Intrinsic Value Estimate
Dec 04Lockheed Martin's (NYSE:LMT) Dividend Will Be Increased To $3.30
Nov 18Lockheed Martin: Multiyear Growth Framework Forced Investors To Face The Truth
Nov 07Lockheed Martin's (NYSE:LMT) Dividend Will Be Increased To $3.30
Oct 31Why Did Lockheed Martin Stock Tumble After Earnings Report?
Oct 23Here's What To Make Of Lockheed Martin's (NYSE:LMT) Decelerating Rates Of Return
Oct 21Lockheed Martin's (NYSE:LMT) Dividend Will Be Increased To $3.30
Oct 06Lockheed Martin: This Defense Is A Good Offense - For Now
Oct 02We Think Lockheed Martin (NYSE:LMT) Can Stay On Top Of Its Debt
Oct 01Lockheed Martin: Second-Quarter Acceleration Is Expected To Be Temporary
Sep 24Lockheed Martin: A Huge F-35 Cash Blow?
Sep 02Risks To Shareholder Returns Are Elevated At These Prices For Lockheed Martin Corporation (NYSE:LMT)
Aug 27Lockheed Martin Stock Explodes With Huge Multiple Expansion And Growth Ahead
Aug 25Lockheed Martin Goes Boom
Jul 24Lockheed Martin: A Dangerous World Is Bullish
Jul 14Lockheed Martin (NYSE:LMT) Has More To Do To Multiply In Value Going Forward
Jul 11Lockheed Martin: Bulletproof Your Portfolio Against Global Conflict
Jun 21Lockheed Martin: Justified Disconnection Between Demand And Performance
May 26Does Lockheed Martin (NYSE:LMT) Have A Healthy Balance Sheet?
May 23Seeking Alpha? Lockheed Martin Is The Place To Be
May 20Does Lockheed Martin (NYSE:LMT) Deserve A Spot On Your Watchlist?
May 09Lockheed Martin Corporation Just Beat EPS By 9.8%: Here's What Analysts Think Will Happen Next
Apr 26Why Did Lockheed Martin Stock Drop?
Apr 25Lockheed Martin: War Premium Not Priced In Yet (Upgrade)
Apr 19Lockheed Martin Corporation's (NYSE:LMT) Price Is Out Of Tune With Earnings
Apr 10Lockheed Martin: Robust Backlog Points To Sustained Growth
Mar 24Lockheed Martin: Momentum Is Building For A Counter Trend Bounce
Mar 16Returns At Lockheed Martin (NYSE:LMT) Appear To Be Weighed Down
Mar 11Is There An Opportunity With Lockheed Martin Corporation's (NYSE:LMT) 42% Undervaluation?
Feb 25Lockheed Martin: Problems Are Piling Up
Feb 21Is Lockheed Martin (NYSE:LMT) A Risky Investment?
Feb 09Lockheed Martin Q4: Anticipated Growth From Tactical & Strike Missiles And PAC-3 Defense
Jan 25Analysts Have Made A Financial Statement On Lockheed Martin Corporation's (NYSE:LMT) Annual Report
Jan 25Lockheed Martin: Present Defense Spending Doesn't Indicate Long-Term High Returns
Jan 18Lockheed Martin: A Solid Bet On The Future Of Defense And Aerospace (Rating Upgrade)
Jan 09There's Reason For Concern Over Lockheed Martin Corporation's (NYSE:LMT) Price
Jan 01Lockheed Martin: A Huge Moat, >10% Annual Return Potential, And Protection Against Mayhem
Dec 28Lockheed Martin Looks Strong, But Fairly Valued Already
Nov 25Financial Position Analysis
Short Term Liabilities: LMT's short term assets ($23.2B) exceed its short term liabilities ($17.8B).
Long Term Liabilities: LMT's short term assets ($23.2B) do not cover its long term liabilities ($30.5B).
Debt to Equity History and Analysis
Debt Level: LMT's net debt to equity ratio (224.6%) is considered high.
Reducing Debt: LMT's debt to equity ratio has reduced from 344.2% to 268.3% over the past 5 years.
Debt Coverage: LMT's debt is well covered by operating cash flow (43%).
Interest Coverage: LMT's interest payments on its debt are well covered by EBIT (8.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:53 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/29 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Lockheed Martin Corporation is covered by 54 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Eade | Argus Research Company |
| Peter Arment | Baird |
| Ishan Majumdar | Baptista Research |