US · LMT
Lockheed Martin Corporation
- Sector
- Industrials · Aerospace & Defense
- Headquarters
- Bethesda, MD 20817
- Website
- lockheedmartin.com
Price · as of 2025-12-31
$512.77
Market cap 152.28B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $524.60 | +2.31% |
| Intrinsic Value(DCF) | $287.98 | -43.84% |
| Graham-Dodd Method(GD) | — | — |
| Graham Formula(GF) | $293.05 | -42.85% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $59.17 | $59.71 | $0.00 | $0.00 | $76.36 |
| 2012 | $62.87 | $97.72 | $0.00 | $0.00 | $80.30 |
| 2013 | $120.86 | $120.57 | $5.88 | $0.00 | $41.76 |
| 2014 | $147.54 | $155.43 | $2.32 | $0.00 | $0.00 |
| 2015 | $167.43 | $183.47 | $0.00 | $0.00 | $110.02 |
| 2016 | $212.99 | $220.96 | $2.60 | $0.00 | $425.31 |
| 2017 | $276.55 | $251.87 | $18.81 | $0.00 | $93.82 |
| 2018 | $251.11 | $240.07 | $151.62 | $0.00 | $273.14 |
| 2019 | $327.07 | $311.09 | $312.36 | $0.00 | $416.29 |
| 2020 | $298.79 | $329.45 | $525.63 | $0.00 | $417.83 |
| 2021 | $396.98 | $381.17 | $156.80 | $0.00 | $242.58 |
| 2022 | $440.98 | $393.89 | $15.37 | $0.00 | $143.46 |
| 2023 | $412.78 | $413.83 | $18.86 | $0.00 | $288.25 |
| 2024 | $460.09 | $415.78 | $10.98 | $0.00 | $293.43 |
| 2025 | $676.70 | $524.60 | $15.43 | $0.00 | $293.05 |
AI valuation
Our deep-learning model estimates Lockheed Martin Corporation's (LMT) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $524.60
- Current price
- $512.77
- AI upside
- +2.31%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$287.98
-43.84% upside
Graham-Dodd
—
— upside
Graham Formula
$293.05
-42.85% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| LMT | Lockheed Martin Corporati… | $512.77 | 152.28B | +2% | -44% | — | -43% | 31.14 | 23.25 | 2.08 | 22.42 | — | -24.11 | 10.15% | 10.30% | 6.68% | 76.87% | 27.05% | 8.69% | 3.23 | 6.92 | 1.09 | 0.90 | 2.27 | -368.00% | 565.00% | 3066.00% | 4.42% | 0.37 | 28.53% | 2.00% | 62.40% | 4.06% | 22.48 | 25.16 | 2.32 | 3.81 |
| ADP | Automatic Data Processing… | $214.36 | 86.7B | +1% | -23% | — | -31% | 29.19 | 19.25 | 5.79 | 19.28 | 301.88 | 90.81 | 50.84% | 26.32% | 19.84% | 76.00% | 67.27% | 7.57% | 1.46 | 11.87 | 1.05 | 0.28 | 0.92 | 967.00% | 707.00% | 3274.00% | 4.01% | 0.12 | 77.19% | 2.01% | 58.80% | 3.09% | 22.23 | 25.22 | 5.85 | 2.94 |
| BA | The Boeing Company | $227.53 | 178.69B | -54% | +559% | — | -47% | 92.66 | 32.11 | 1.96 | 28.42 | — | -13.08 | 4.79% | -6.05% | 2.50% | 244.50% | -14.49% | 1.16% | 9.92 | -1.95 | 1.27 | 0.30 | 5.87 | -11351.00% | 3449.00% | -8696.00% | -1.07% | 0.01 | -5.91% | 0.19% | 17.50% | 0.19% | -38.62 | -111.44 | 2.34 | 1.42 |
| DE | Deere & Company | $629.71 | 170.7B | -40% | -68% | -88% | — | 26.30 | 5.10 | 2.96 | 16.00 | — | 6.48 | 36.48% | 18.84% | 11.25% | 20.61% | 8.40% | 4.71% | 2.46 | 2.65 | 2.31 | 2.06 | 4.78 | -2779.00% | -1159.00% | -2705.00% | 2.44% | 0.23 | 4.04% | 1.30% | 34.20% | 4.04% | 22.16 | 57.71 | 4.17 | 2.94 |
| GD | General Dynamics Corporat… | $357.05 | 96.54B | -14% | -59% | -98% | -22% | 23.39 | 3.84 | 1.87 | 17.37 | 174.18 | 30.41 | 15.13% | 10.19% | 8.01% | 17.66% | 13.78% | 7.44% | 0.38 | 17.06 | 1.44 | 0.78 | 1.22 | 1343.00% | 1013.00% | 2387.00% | 4.02% | 0.30 | 12.35% | 1.62% | 37.80% | 3.81% | 19.77 | 26.75 | 2.02 | 4.33 |
| HON | Honeywell International I… | $243.59 | 154.65B | -25% | -55% | — | -82% | 32.78 | 10.27 | 4.23 | 20.76 | — | -12.81 | 36.93% | 17.66% | 13.73% | 28.39% | 14.09% | 6.48% | 2.24 | 4.92 | 1.32 | 0.88 | 2.55 | -827.00% | -274.00% | 932.00% | 3.40% | 0.27 | 14.01% | 1.88% | 61.60% | 4.28% | 27.25 | 33.40 | 4.81 | 2.54 |
| LHX | L3Harris Technologies, In… | $364.54 | 68.19B | -25% | -58% | — | -75% | 44.16 | 3.61 | 3.24 | 21.40 | 526.62 | -10.30 | 25.73% | 10.04% | 7.35% | 8.20% | 5.99% | 3.86% | 0.53 | 3.68 | 1.19 | 0.84 | 2.50 | 839.00% | 253.00% | 2469.00% | 3.78% | 0.43 | 8.81% | 1.27% | 56.20% | 7.12% | 36.58 | 29.94 | 3.67 | 2.86 |
| NOC | Northrop Grumman Corporat… | $724.38 | 102.81B | -21% | -53% | -99% | -59% | 26.35 | 6.61 | 2.63 | 17.43 | 1009.27 | -113.50 | 19.81% | 10.20% | 9.97% | 26.17% | 11.19% | 8.30% | 1.18 | 6.44 | 1.09 | 0.95 | 2.13 | 261.00% | 224.00% | 2617.00% | 3.00% | 0.34 | 10.47% | 1.17% | 30.90% | 3.10% | 29.33 | 37.96 | 2.99 | 3.48 |
| PH | Parker-Hannifin Corporati… | $1,009.18 | 127.38B | -47% | -68% | -94% | -79% | 27.38 | 7.07 | 4.87 | 19.52 | 113.25 | -22.05 | 36.85% | 20.45% | 17.79% | 27.43% | 15.35% | 12.02% | 0.70 | 9.93 | 1.19 | 0.66 | 1.69 | 2418.00% | -40.00% | 1196.00% | 3.45% | 0.65 | 14.69% | 0.89% | 24.40% | 4.14% | 26.08 | 31.69 | 5.33 | 5.88 |
| TDG | TransDigm Group Incorpora… | $1,302.79 | 73.57B | +92% | -45% | — | -48% | 37.80 | -8.09 | 8.88 | 23.12 | 149.89 | -3.30 | 60.14% | 47.16% | 23.49% | -25.96% | 21.99% | 8.55% | -3.10 | 2.65 | 3.21 | 2.03 | 5.96 | 2521.00% | 1122.00% | -340.00% | 2.32% | 0.93 | 12.15% | 12.28% | 464.30% | 12.92% | 25.36 | 58.15 | 11.96 | 2.03 |
| TT | Trane Technologies plc | $462.32 | 102.51B | -31% | -50% | -96% | -57% | 35.27 | 12.12 | 4.89 | 25.68 | 227.82 | -95.38 | 36.16% | 18.61% | 13.69% | 36.81% | 28.24% | 14.22% | 0.54 | 17.44 | 1.25 | 0.80 | 0.68 | 1548.00% | 748.00% | 132.00% | 2.70% | 0.51 | 24.77% | 0.80% | 28.30% | 3.13% | 26.99 | 38.09 | 5.02 | 7.25 |
About Lockheed Martin Corporation
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 missile 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-based 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.
- CEO
- James D. Taiclet Jr.
- Employees
- 121K
- Beta
- 0.23
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($287.98 ÷ $512.77) − 1 = -43.84% (DCF, example).