Lockheed Martin Past Earnings Performance
Past criteria checks 5/6
Lockheed Martin has been growing earnings at an average annual rate of 2%, while the Aerospace & Defense industry saw earnings growing at 4.7% annually. Revenues have been growing at an average rate of 3.6% per year. Lockheed Martin's return on equity is 101.2%, and it has net margins of 10.2%.
Key information
2.0%
Earnings growth rate
4.4%
EPS growth rate
Aerospace & Defense Industry Growth | 5.4% |
Revenue growth rate | 3.6% |
Return on equity | 101.2% |
Net Margin | 10.2% |
Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Lockheed 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 25Is There An Opportunity With Lockheed Martin Corporation's (NYSE:LMT) 26% Undervaluation?
Nov 21Lockheed Martin (NYSE:LMT) Seems To Use Debt Quite Sensibly
Nov 08Lockheed Martin: Preparing For The Known
Nov 07Lockheed Martin: Defense To Diversify
Oct 25Lockheed Martin: Q3 Is More Of The Same, No Market-Beating Returns Here
Oct 18Lockheed Martin (NYSE:LMT) Is Increasing Its Dividend To $3.15
Oct 12Lockheed Martin Remains A Buy Amidst Global Tension
Oct 10Why We Like The Returns At Lockheed Martin (NYSE:LMT)
Oct 10Lockheed Martin: Not Too Big To Downsize
Oct 03Fortress Of Dividends: Lockheed Martin's 3% Yield Is Among The Best Money Can Buy
Sep 18Lockheed Martin Corporation (NYSE:LMT) Shares Could Be 29% Below Their Intrinsic Value Estimate
Aug 22Lockheed Martin: Huge Growth Ahead
Aug 18Does Lockheed Martin (NYSE:LMT) Have A Healthy Balance Sheet?
Aug 07Lockheed Martin Q2 Earnings Preview: Preparing For Takeoff
Jul 17Lockheed Martin (NYSE:LMT) Has Some Way To Go To Become A Multi-Bagger
Jul 10Dividend Delight: Lockheed Martin Rides High On Favorable Winds
Jun 21A Look At The Fair Value Of Lockheed Martin Corporation (NYSE:LMT)
May 16These 4 Measures Indicate That Lockheed Martin (NYSE:LMT) Is Using Debt Reasonably Well
May 01Lockheed Martin (NYSE:LMT) Is Achieving High Returns On Its Capital
Apr 02Lockheed Martin receives $164.3M US Army
Feb 24Lockheed Martin: Western Fiscal Realities May Sink Hopes Of Higher Defense Spending
Feb 13Calculating The Fair Value Of Lockheed Martin Corporation (NYSE:LMT)
Feb 09Is Lockheed Martin Stock A Buy After Earnings? Yes, On Any Weakness
Jan 30Lockheed Martin Non-GAAP EPS of $7.79 beats by $0.42, revenue of $18.99B beats by $740M
Jan 24We Think Lockheed Martin (NYSE:LMT) Can Stay On Top Of Its Debt
Jan 23Lockheed Martin secures $260.8M Navy contract modification
Jan 10Lockheed Martin unit awarded $7.84B modification contract
Jan 02Lockheed Martin (NYSE:LMT) Is Investing Its Capital With Increasing Efficiency
Dec 26Lockheed Martin receives $1.05B contract by U.S. Navy
Dec 23Lockheed Martin awarded $302.24M and $245.75M contracts by U.S. government
Dec 16Lockheed Martin awarded $2.22B contract by U.S. government
Dec 08Lockheed Martin (NYSE:LMT) Has Announced That It Will Be Increasing Its Dividend To $3.00
Nov 29Lockheed Martin: Sustainable Competitive Advantage
Nov 09Lockheed Martin (NYSE:LMT) Has Announced That It Will Be Increasing Its Dividend To $3.00
Nov 04Lockheed Martin (NYSE:LMT) Has Announced That It Will Be Increasing Its Dividend To $3.00
Oct 21An Intrinsic Calculation For Lockheed Martin Corporation (NYSE:LMT) Suggests It's 32% Undervalued
Oct 19Lockheed Martin Non-GAAP EPS of $6.87 beats by $0.15, revenue of $16.58B misses by $110M, reaffirms FY2022 Outlook
Oct 18Lockheed Martin (NYSE:LMT) Will Pay A Larger Dividend Than Last Year At $3.00
Oct 06Lockheed Martin among others to nab $5.1B Naval Air Systems contract
Oct 03Lockheed Martin (NYSE:LMT) Has A Pretty Healthy Balance Sheet
Sep 29Revenue & Expenses BreakdownBeta
How Lockheed Martin makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Dec 23 | 67,571 | 6,920 | -499 | 0 |
24 Sep 23 | 67,688 | 6,966 | -509 | 0 |
25 Jun 23 | 67,393 | 7,060 | -523 | 0 |
26 Mar 23 | 66,146 | 5,688 | 907 | 0 |
31 Dec 22 | 65,984 | 5,732 | 865 | 0 |
25 Sep 22 | 64,722 | 5,869 | 895 | 0 |
26 Jun 22 | 64,167 | 4,705 | 2,592 | 0 |
27 Mar 22 | 65,750 | 6,211 | 1,181 | 0 |
31 Dec 21 | 67,044 | 6,315 | 1,241 | 0 |
26 Sep 21 | 66,347 | 6,058 | 1,286 | 0 |
27 Jun 21 | 66,814 | 7,197 | -332 | 0 |
28 Mar 21 | 66,005 | 7,008 | -287 | 0 |
31 Dec 20 | 65,398 | 6,888 | -241 | 0 |
27 Sep 20 | 64,244 | 6,594 | -29 | 0 |
28 Jun 20 | 62,920 | 6,449 | 183 | 0 |
29 Mar 20 | 61,127 | 6,243 | 397 | 0 |
31 Dec 19 | 59,812 | 6,230 | 608 | 0 |
29 Sep 19 | 58,345 | 5,985 | 653 | 0 |
30 Jun 19 | 57,492 | 5,850 | 694 | 0 |
31 Mar 19 | 56,463 | 5,593 | 735 | 0 |
31 Dec 18 | 53,762 | 5,046 | 777 | 0 |
30 Sep 18 | 53,195 | 2,976 | 865 | 0 |
24 Jun 18 | 51,218 | 2,466 | 857 | 0 |
25 Mar 18 | 50,383 | 2,258 | 851 | 0 |
31 Dec 17 | 49,960 | 1,890 | 746 | 0 |
24 Sep 17 | 49,868 | 3,666 | 561 | 0 |
25 Jun 17 | 49,078 | 3,792 | 375 | 0 |
26 Mar 17 | 48,092 | 3,736 | 188 | 0 |
31 Dec 16 | 47,290 | 3,661 | 471 | 0 |
25 Sep 16 | 45,016 | 3,611 | 0 | 0 |
26 Jun 16 | 43,525 | 3,278 | 0 | 0 |
27 Mar 16 | 40,793 | 3,054 | 0 | 0 |
31 Dec 15 | 40,536 | 3,126 | 0 | 0 |
27 Sep 15 | 41,546 | 3,213 | 0 | 0 |
28 Jun 15 | 42,600 | 3,345 | 0 | 0 |
29 Mar 15 | 45,061 | 3,559 | 0 | 0 |
31 Dec 14 | 39,946 | 3,253 | 0 | 0 |
28 Sep 14 | 44,603 | 3,198 | 0 | 0 |
29 Jun 14 | 44,836 | 3,152 | 0 | 0 |
30 Mar 14 | 44,938 | 3,122 | 0 | 0 |
31 Dec 13 | 45,358 | 2,950 | 0 | 0 |
29 Sep 13 | 45,924 | 3,031 | 0 | 0 |
30 Jun 13 | 46,446 | 2,916 | 0 | 0 |
31 Mar 13 | 46,959 | 2,838 | 0 | 0 |
Quality Earnings: LMT has high quality earnings.
Growing Profit Margin: LMT's current net profit margins (10.2%) are higher than last year (8.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LMT's earnings have grown by 2% per year over the past 5 years.
Accelerating Growth: LMT's earnings growth over the past year (20.7%) exceeds its 5-year average (2% per year).
Earnings vs Industry: LMT earnings growth over the past year (20.7%) exceeded the Aerospace & Defense industry 18%.
Return on Equity
High ROE: Whilst LMT's Return on Equity (101.24%) is outstanding, this metric is skewed due to their high level of debt.