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Lockheed Martin Corporation LMT NYSE

NYSE • Industrials • Aerospace & Defense • US • USD

SharesGrow Score
50/100
1/7 Pass
SharesGrow Intrinsic Value
$751.18
+22.8%
Analyst Price Target
$632.70
+3.5%
SharesGrow 7-Criteria Score All 7 criteria scored · valuation-related highlighted on this page

Lockheed Martin Corporation (LMT) trades at a trailing P/E of 29.1, forward P/E of 20.4. Trailing earnings yield is 3.44%, forward earnings yield 4.90%. PEG 0.52 (Peter Lynch undervalued ≤1.0). Graham Number is $119.29.

Criteria proven by this page:

  • VALUE (41/100, Partial) — mixed signals — some valuation metrics are favorable while others are stretched.
  • Forward P/E 20.4 (down from trailing 29.1) — analysts expect earnings to grow, which would improve the valuation.
  • PEG Ratio 0.52 — below 1.0 suggests the stock is undervalued relative to its earnings growth rate (Peter Lynch criterion).
  • Trailing Earnings Yield 3.44% — roughly competitive with bond yields (~4.3%), moderate risk-reward. Forward yield improves to 4.90% as earnings recover.
  • Analyst consensus target $632.70 (+3.5% upside) — modest upside expected.

Overall SharesGrow Score: 50/100 with 1/7 criteria passed.

SharesGrow 7-Criteria Score
50/100
SG Score
View full scorecard →
~
VALUE
41/100
Price-to-Earnings & upside
Proven by this page
~
FUTURE
46/100
Analyst consensus
→ Forecast
PAST
100/100
→ Income
HEALTH
33/100
Debt-to-Equity & liquidity
→ Health
~
MOAT
57/100
→ Income
GROWTH
30/100
→ Income
~
INCOME
45/100
→ Income

Valuation Snapshot — LMT

Valuation Multiples
P/E (TTM)29.1
Forward P/E20.4
PEG Ratio0.52
Forward PEG0.52
P/B Ratio21.72
P/S Ratio1.94
EV/EBITDA18.7
Per Share Data
EPS (TTM)$21.73
Forward EPS (Est.)$29.99
Book Value / Share$29.11
Revenue / Share$325.06
FCF / Share$29.92
Yields & Fair Value
Earnings Yield3.44%
Forward Earnings Yield4.90%
Dividend Yield2.14%
Graham Number$119.29
SharesGrow IV$751.18 (+22.8%)
Analyst Target$632.70 (+3.5%)

Historical Valuation

Year P/E (TTM) PEG Ratio P/B Ratio P/S Ratio Dividend Yield
2016 14.1 0.27 49.51 1.58 2.74%
2017 46.2 -0.76 -135.28 1.85 2.34%
2018 14.8 0.10 53.44 1.39 3.15%
2019 17.6 0.72 35.12 1.84 2.33%
2020 14.5 1.39 16.52 1.52 2.78%
2021 15.6 -2.45 8.96 1.47 2.99%
2022 22.4 -4.61 13.84 1.94 2.35%
2023 16.4 0.60 16.60 1.68 2.69%
2024 21.7 -1.14 18.29 1.63 2.64%
2025 22.3 -6.00 16.62 1.49 2.80%

EPS: Actual vs Estimates

P/E Ratio & Earnings Yield

Earnings Per Share (EPS) History

Year EPS (Diluted) Revenue Net Income Net Margin
2016 $17.49 $47.25B $5.3B 11.2%
2017 $6.89 $51.05B $2B 3.9%
2018 $17.59 $53.76B $5.05B 9.4%
2019 $21.95 $59.81B $6.23B 10.4%
2020 $24.30 $65.4B $6.83B 10.4%
2021 $22.77 $67.04B $6.32B 9.4%
2022 $21.66 $65.98B $5.73B 8.7%
2023 $27.55 $67.57B $6.92B 10.2%
2024 $22.31 $71.04B $5.34B 7.5%
2025 $21.49 $75.06B $5.02B 6.7%

Analyst Estimates

Year EPS (Avg) EPS Range Revenue (Avg) Revenue Range Analysts
2026 $29.98 $29.53 – $30.19 $79.2B $78.84B – $79.54B 16
2027 $31.95 $31.07 – $34.25 $83.31B $81.53B – $84.62B 16
2028 $33.66 $30.49 – $36.77 $87.4B $86.85B – $87.04B 13
2029 $35.02 $34.07 – $35.76 $86.99B $85.21B – $88.29B 11
2030 $37.48 $36.47 – $38.27 $88.87B $87.06B – $90.2B 5
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