Lockheed Martin Corporation, an aerospace and defense company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services in the United States, Europe, Asia, the Middle East, and internationally. The company operates through four segments: Aeronautics; Missiles and Fire Control (MFC); Rotary and Mission Systems (RMS); and Space.
Company Info
Leadership
Income Statement
Revenue & Margin Trend
| Period | Revenue | OpEx | EBITDA | Net Income | EPS |
|---|---|---|---|---|---|
| 2022 | $65.98B | $-0.06B | $8.71B | $5.73B | $21.66 |
| 2023 | $67.57B▲ | $-0.03B | $10.44B | $6.92B▲ | $27.55 |
| 2024 | $71.04B▲ | $-0.08B | $8.81B | $5.34B▼ | $22.31 |
| 2025 | $75.05B▲ | $-0.11B | $8.73B | $5.02B▼ | $21.49 |
Balance Sheet
Assets Distribution
Liabilities & Equity
Cash Flow
Cash Flow Mix
FCF Generation
The company converts 81% of operating cash flow into free cash flow, providing ample flexibility for capital allocation.
CapEx Burden
Capital expenditures consume $2B of operating cash. Monitor for maintenance vs. growth CapEx split.
Financial Ratios
Profitability
Liquidity & Leverage
Returns
Historical Trends
Revenue
+4.4% CAGRNet Income
-4.3% CAGREPS
-0.3% CAGRDividends & Yield
Dividend Safety Assessment
The payout ratio of 51% is moderate. The dividend appears sustainable but leaves limited room for increases without earnings growth.
Recent Dividend Payments
| Date | Amount |
|---|---|
| 2026-09-01 | $3.45 |
| 2026-06-01 | $3.45 |
| 2026-03-02 | $3.45 |
| 2025-12-01 | $3.45 |
| 2025-09-02 | $3.30 |
| 2025-06-02 | $3.30 |
| 2025-03-03 | $3.30 |
| 2024-12-02 | $3.30 |
| 2024-09-03 | $3.15 |
| 2024-06-03 | $3.15 |
Institutional Ownership
Moderate Institutional Support
Top 3 institutional holders control 28.6% of shares, providing a stable foundation of institutional capital.
Retail Influence
Lower institutional concentration means retail sentiment and broader market trends may drive price action more noticeably.
Top Institutional Holders
Top ETFs Holding
Market Events
Upcoming Earnings
Split Record
| Date | Type | Ratio |
|---|---|---|
| 1999-01-04 | Forward | 2:1 |
| 1995-03-16 | Forward | 163:100 |
| 1983-09-09 | Forward | 3:1 |
Market Intelligence
Analyst Consensus
Earnings History
| Period | Est. EPS | Act. EPS | Surprise |
|---|---|---|---|
| 2025-09 | $6.36 | $6.95 | +9.3% |
| 2025-12 | $5.75 | $5.80 | +0.9% |
| 2026-03 | $6.69 | $6.44 | -3.8% |
| 2026-06 | $7.20 | $7.94 | +10.3% |