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Last update at 2024-12-19T18:54:00Z
Lockheed Martin Stock Hits Record Highs Before Earnings
Mon 21 Oct 24, 05:40 PMKey Earnings Reports Expected This Week: TSLA, BA, GE
Mon 21 Oct 24, 02:26 PMLockheed Martin (LMT) To Report Earnings Tomorrow: Here Is What To Expect
Mon 21 Oct 24, 07:05 AM1 Stock to Buy, 1 Stock to Sell This Week: GE Aerospace, UPS
Sun 20 Oct 24, 12:21 PMERJ to Invest in U.S. MRO Facilities to Aid E-Jet Fleet Expansion
Fri 18 Oct 24, 03:57 PMNOC or LMT: Which Is the Better Value Stock Right Now?
Fri 18 Oct 24, 03:40 PMLockheed Martin (LMT): F-35 Program and Global Defense Spending to Drive Growth
Thu 17 Oct 24, 03:43 PMWhat Analyst Projections for Key Metrics Reveal About Lockheed (LMT) Q3 Earnings
Thu 17 Oct 24, 01:15 PMThese 2 Industrial Powerhouses Just Declared Dividend Raises
Thu 17 Oct 24, 10:09 AMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | 6680.00M | 7550.00M | 8235.00M | 7241.00M | 5838.00M |
Minority interest | - | - | 23.00M | 44.00M | 55.00M |
Net income | 5732.00M | 6315.00M | 6833.00M | 6230.00M | 5046.00M |
Selling general administrative | - | - | - | 608.00M | 777.00M |
Selling and marketing expenses | - | - | - | - | - |
Gross profit | 8287.00M | 9061.00M | 8654.00M | 8367.00M | 7370.00M |
Reconciled depreciation | 1404.00M | 1364.00M | 1290.00M | 1189.00M | 1161.00M |
Ebit | 7303.00M | 8119.00M | 8826.00M | 7894.00M | 6506.00M |
Ebitda | 8707.00M | 9483.00M | 10116.00M | 9083.00M | 7667.00M |
Depreciation and amortization | 1404.00M | 1364.00M | 1290.00M | 1189.00M | 1161.00M |
Non operating income net other | -74.00000M | 288.00M | 182.00M | -651.00000M | -828.00000M |
Operating income | 8348.00M | 9123.00M | 8644.00M | 8545.00M | 7334.00M |
Other operating expenses | 57636.00M | 57921.00M | 56754.00M | 51445.00M | 46488.00M |
Interest expense | 623.00M | 569.00M | 591.00M | 653.00M | 668.00M |
Tax provision | 948.00M | 1235.00M | 1347.00M | 1011.00M | 792.00M |
Interest income | 623.00M | 569.00M | 591.00M | 653.00M | 668.00M |
Net interest income | -623.00000M | -569.00000M | -591.00000M | -653.00000M | -668.00000M |
Extraordinary items | - | 0.00000M | -55.00000M | 0.00000M | 43.00M |
Non recurring | - | - | - | - | - |
Other items | - | - | - | - | - |
Income tax expense | 948.00M | 1235.00M | 1347.00M | 1011.00M | 792.00M |
Total revenue | 65984.00M | 67044.00M | 65398.00M | 59812.00M | 53762.00M |
Total operating expenses | -61.00000M | -62.00000M | 10.00M | -178.00000M | -60.00000M |
Cost of revenue | 57697.00M | 57983.00M | 56744.00M | 51445.00M | 46392.00M |
Total other income expense net | -1668.00000M | -1573.00000M | -409.00000M | -1304.00000M | -1496.00000M |
Discontinued operations | - | - | -55.00000M | -55.00000M | -55.00000M |
Net income from continuing ops | 5732.00M | 6315.00M | 6888.00M | 6230.00M | 5046.00M |
Net income applicable to common shares | 5732.00M | 6315.00M | 6833.00M | 6230.00M | 5046.00M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Total assets | 52880.00M | 50873.00M | 50710.00M | 47528.00M | 44876.00M |
Intangible assets | 2459.00M | 2706.00M | 3012.00M | 3213.00M | 3494.00M |
Earning assets | - | - | - | - | - |
Other current assets | 533.00M | 688.00M | 1150.00M | 531.00M | 418.00M |
Total liab | 43614.00M | 39914.00M | 44672.00M | 44357.00M | 43427.00M |
Total stockholder equity | 9266.00M | 10959.00M | 6015.00M | 3127.00M | 1394.00M |
Deferred long term liab | - | - | - | - | - |
Other current liab | 5282.00M | 5104.00M | 5008.00M | 4387.00M | 4005.00M |
Common stock | 254.00M | 271.00M | 279.00M | 280.00M | 281.00M |
Capital stock | 254.00M | 271.00M | 279.00M | 280.00M | 281.00M |
Retained earnings | 16943.00M | 21600.00M | 21636.00M | 18401.00M | 15434.00M |
Other liab | 11408.00M | 13147.00M | 19070.00M | 18126.00M | 16425.00M |
Good will | 10780.00M | 10813.00M | 10806.00M | 10604.00M | 10769.00M |
Other assets | 10675.00M | 7176.00M | 10301.00M | 7314.00M | 6739.00M |
Cash | 2547.00M | 3604.00M | 3160.00M | 1514.00M | 772.00M |
Cash and equivalents | 2547.00M | 3604.00M | 3160.00M | 1514.00M | 772.00M |
Total current liabilities | 15887.00M | 13997.00M | 13933.00M | 13972.00M | 14398.00M |
Current deferred revenue | 8488.00M | 8107.00M | 7545.00M | 7054.00M | 6491.00M |
Net debt | 12882.00M | 8072.00M | 9009.00M | 11140.00M | 13332.00M |
Short term debt | 0.00000M | 6.00M | 500.00M | 1250.00M | 1500.00M |
Short long term debt | - | 6.00M | 500.00M | 1250.00M | 1500.00M |
Short long term debt total | 15429.00M | 11676.00M | 12169.00M | 12654.00M | 14104.00M |
Other stockholder equity | 92.00M | 94.00M | 221.00M | 44.00M | 55.00M |
Property plant equipment | 7975.00M | 7597.00M | 7213.00M | 6591.00M | 6124.00M |
Total current assets | 20991.00M | 19815.00M | 19378.00M | 17095.00M | 16103.00M |
Long term investments | - | - | - | 1200.00M | 1200.00M |
Net tangible assets | -3973.00000M | -2560.00000M | -7803.00000M | -10690.00000M | -12900.00000M |
Short term investments | - | - | - | - | - |
Net receivables | 14823.00M | 12542.00M | 11523.00M | 11431.00M | 11916.00M |
Long term debt | 15429.00M | 11670.00M | 11669.00M | 11404.00M | 12604.00M |
Inventory | 3088.00M | 2981.00M | 3545.00M | 3619.00M | 2997.00M |
Accounts payable | 2117.00M | 780.00M | 880.00M | 1281.00M | 2402.00M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | - | - | 23.00M | 44.00M | 55.00M |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | -8023.00000M | -11006.00000M | -16121.00000M | -15554.00000M | -14321.00000M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | 254.00M | 271.00M | 279.00M | 280.00M | 281.00M |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | 16943.00M | 21600.00M | 21636.00M | 18401.00M | 15434.00M |
Treasury stock | - | - | - | - | - |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 6931.00M | 7652.00M | 6826.00M | 6706.00M | 5178.00M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 31889.00M | 31058.00M | 31332.00M | 30433.00M | 28773.00M |
Capital lease obligations | - | - | - | - | - |
Long term debt total | 15429.00M | 11670.00M | 11669.00M | 11404.00M | 12604.00M |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Investments | -1789.00000M | -1161.00000M | -2010.00000M | -1241.00000M | -1075.00000M |
Change to liabilities | 1010.00M | -320.00000M | -1588.00000M | -1168.00000M | -1583.00000M |
Total cashflows from investing activities | -1789.00000M | -1161.00000M | -2010.00000M | -1241.00000M | -1075.00000M |
Net borrowings | 3961.00M | -500.00000M | -519.00000M | -1500.00000M | -150.00000M |
Total cash from financing activities | -7070.00000M | -7616.00000M | -4527.00000M | -5328.00000M | -4152.00000M |
Change to operating activities | -412.00000M | -267.00000M | -1197.00000M | 81.00M | -3574.00000M |
Net income | 5732.00M | 6315.00M | 6833.00M | 6230.00M | 5046.00M |
Change in cash | -1057.00000M | 444.00M | 1646.00M | 742.00M | -2089.00000M |
Begin period cash flow | 3604.00M | 3160.00M | 1514.00M | 772.00M | 2861.00M |
End period cash flow | 2547.00M | 3604.00M | 3160.00M | 1514.00M | 772.00M |
Total cash from operating activities | 7802.00M | 9221.00M | 8183.00M | 7311.00M | 3138.00M |
Issuance of capital stock | - | - | - | - | - |
Depreciation | 1404.00M | 1364.00M | 1290.00M | 1189.00M | 1161.00M |
Other cashflows from investing activities | -119.00000M | 361.00M | -244.00000M | 243.00M | 203.00M |
Dividends paid | -3016.00000M | -2940.00000M | -2764.00000M | -2556.00000M | 2347.00M |
Change to inventory | -107.00000M | 564.00M | 74.00M | -622.00000M | -119.00000M |
Change to account receivables | -542.00000M | 15.00M | 359.00M | 107.00M | -179.00000M |
Sale purchase of stock | -7900.00000M | -4087.00000M | -1100.00000M | -1200.00000M | -1492.00000M |
Other cashflows from financing activities | 6096.00M | -89.00000M | -144.00000M | -72.00000M | -163.00000M |
Change to netincome | 951.00M | 1709.00M | 436.00M | 360.00M | -71.00000M |
Capital expenditures | 1670.00M | 1522.00M | 1766.00M | 1484.00M | 1278.00M |
Change receivables | -542.00000M | 15.00M | 359.00M | 107.00M | -179.00000M |
Cash flows other operating | -646.00000M | -426.00000M | 779.00M | 1215.00M | -1137.00000M |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | -1057.00000M | 444.00M | 1646.00M | 742.00M | -2089.00000M |
Change in working capital | -585.00000M | 54.00M | -1115.00000M | -742.00000M | -3898.00000M |
Stock based compensation | 238.00M | 227.00M | 221.00M | 189.00M | 173.00M |
Other non cash items | 1770.00M | 1444.00M | 894.00M | 223.00M | 900.00M |
Free cash flow | 6132.00M | 7699.00M | 6417.00M | 5827.00M | 1860.00M |
Sector: Industrials Industry: Aerospace & Defense
Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
LMT Lockheed Martin Corporation |
-1.94 0.40% | 481.00 | 16.39 | 16.42 | 1.62 | 11.98 | 1.85 | 11.95 |
BA The Boeing Company |
6.23 3.61% | 178.85 | - | 294.12 | 1.68 | - | 2.25 | 111.56 |
EADSY Airbus Group NV |
-0.12 0.29% | 40.57 | 27.76 | 21.51 | 1.93 | 7.21 | 1.79 | 13.93 |
EADSF Airbus Group SE |
- -% | 165.40 | 27.24 | 21.28 | 1.91 | 7.14 | 1.79 | 13.93 |
RTX Raytheon Technologies Corp |
1.73 1.51% | 116.18 | 38.65 | 15.77 | 1.77 | 1.69 | 2.22 | 16.02 |
Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies. The Missiles and Fire Control segment provides air and missile defense systems; tactical missiles and air-to-ground precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support, and integration services; manned and unmanned ground vehicles; and energy management solutions. The Rotary and Mission Systems segment offers military and commercial helicopters, surface ships, sea and land-based missile defense systems, radar systems, sea and air-based mission and combat systems, command and control mission solutions, cyber solutions, and simulation and training solutions. The Space segment offers satellites; space transportation systems; strategic, advanced strike, and defensive systems; and classified systems and services in support of national security systems. This segment also provides network-enabled situational awareness and integrates space and ground global systems to help its customers gather, analyze, and securely distribute critical intelligence data. It serves primarily serves the U.S. government, as well as foreign military sales contracted through the U.S. government. Lockheed Martin Corporation was founded in 1912 and is headquartered in Bethesda, Maryland.
6801 Rockledge Drive, Bethesda, MD, United States, 20817
Name | Title | Year Born |
---|---|---|
Mr. James D. Taiclet Jr. | Chairman, Pres & CEO | 1961 |
Mr. Frank A. St. John | Chief Operating Officer | 1967 |
Mr. John W. Mollard | Strategic Advisor | 1958 |
Ms. Stephanie C. Hill | Exec. VP of Rotary & Mission Systems | 1965 |
Mr. Jesus Malave Jr. | Chief Financial Officer | 1969 |
Mr. H. Edward Paul III | VP of Accounting, VP & Controller | 1975 |
Mr. Rodney A. Makoske | Chief Engineer and Sr. VP of Engineering & Technology | NA |
Mr. Greg Gardner | VP of Investor Relations | NA |
Ms. Maryanne R. Lavan | Sr. VP, Gen. Counsel & Corp. Sec. | 1959 |
Mr. Dean Acosta | Sr. VP & Chief Communications Officer | NA |
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