Lockheed Martin Past Earnings Performance
Past criteria checks 1/6
Lockheed Martin's earnings have been declining at an average annual rate of -0.4%, while the Aerospace & Defense industry saw earnings growing at 8.8% annually. Revenues have been growing at an average rate of 2.6% per year. Lockheed Martin's return on equity is 84.3%, and it has net margins of 7.5%.
Key information
-0.4%
Earnings growth rate
3.3%
EPS growth rate
| Aerospace & Defense Industry Growth | 5.4% |
| Revenue growth rate | 2.6% |
| Return on equity | 84.3% |
| Net Margin | 7.5% |
| Last Earnings Update | 31 Dec 2024 |
Recent past performance updates
Recent updates
Lockheed Martin 2024 Earnings Weakness A Sign Of Deeper Troubles?
Jan 29We Think Lockheed Martin (NYSE:LMT) Can Stay On Top Of Its Debt
Jan 21
Lockheed Martin: Recession Proof Your Portfolio And Dividends With LMT
Jan 09Lockheed Martin Corporation's (NYSE:LMT) Shares May Have Run Too Fast Too Soon
Jan 06Why 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 25Revenue & Expenses Breakdown
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 24 | 71,043 | 5,336 | -137 | 0 |
| 29 Sep 24 | 71,295 | 6,675 | -229 | 0 |
| 30 Jun 24 | 71,069 | 6,736 | -318 | 0 |
| 31 Mar 24 | 69,640 | 6,776 | -410 | 0 |
| 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 |
Quality Earnings: LMT has high quality earnings.
Growing Profit Margin: LMT's current net profit margins (7.5%) are lower than last year (10.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LMT's earnings have declined by 0.4% per year over the past 5 years.
Accelerating Growth: LMT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: LMT had negative earnings growth (-22.9%) over the past year, making it difficult to compare to the Aerospace & Defense industry average (24.5%).
Return on Equity
High ROE: Whilst LMT's Return on Equity (84.26%) is outstanding, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/31 23:15 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 48 analysts. 19 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 |