Revenue segments as reported by the company.

Aeronautics

Missiles and Fire Control

Rotary and Mission Systems

Space

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Other Expense

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Lockheed Martin

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Lockheed Martin Corp. is a global security and aerospace company, which engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services. It operates through the following business segments: Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS), and Space. The Aeronautics segment researches, designs, develops, manufactures, integrates, sustains, supports, and upgrades advanced military aircraft, including combat and air mobility aircraft, unmanned air vehicles, and related technologies. The MFC segment is involved in 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 RMS segment designs, manufactures, services, and supports various 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 includes the production of satellites, space transportation systems, and strategic, advanced strike, and defensive systems. The company was founded in 1912 and is headquartered in Bethesda, MD.

Earnings data Q1 2021

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Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Lockheed Martin reports robust earnings, eyes growth in hypersonics

Lockheed Martin's Q4 2022 earnings call highlighted strong financial performance, strategic investments in growth areas, and challenges in maintaining margins. The company's focus on operational efficiency and future growth opportunities positions it well for continued success. Opportunities in hypersonics, new awards, and emerging technologies present avenues for further expansion.

Lockheed Martin reports robust Q1 performance and eyes international growth

Lockheed Martin's Q1 performance reflects strong sales growth, margin stability, and cash flow improvement. The company's strategic focus on technology development, international markets, and supply chain management will drive future growth. Opportunities in defense spending, international programs, and margin expansion position Lockheed Martin for continued success.

Lockheed Martin excels in Q2 with record backlog and raised outlook, eyes F-35 expansion and international growth

Lockheed Martin's Q2 performance reflects strong financial health and growth prospects driven by defense budget support, innovation, and international partnerships. While facing challenges in certain segments, the company is well-positioned to capitalize on opportunities in defense technology and production expansion.

Lockheed Martin reports solid Q3 earnings, eyes international growth

Lockheed Martin's Q3 performance reflects steady growth, strong financials, and a focus on shareholder value. The company faces challenges in managing margins, pension pressures, and program risks while capitalizing on international opportunities and technological advancements.

Lockheed Martin exceeds Q4 expectations, focuses on growth and security

Lockheed Martin's Q4 2023 earnings call highlighted strong financial performance, sustained sales growth, and a focus on shareholder returns in 2024. The company is addressing margin compression challenges through cost control and supply chain optimization while investing in R&D to enhance defense capabilities. Opportunities lie in growth drivers like missiles and defense systems.

Lockheed Martin reports strong Q1 earnings, eyes growth opportunities

Lockheed Martin's Q1 2024 earnings call highlighted robust financial performance, strengths in key programs, challenges in the F-35 program and supply chain, and growth opportunities in digital contracting and modernization efforts.
The company emphasized a mission-centric approach, shareholder returns, and a focus on diversifying sources and contract formats to mitigate risks and drive future growth.
Expectations for stability in the business, a slowdown in quarterly sales growth, and plans for strategic reassessment indicate a proactive stance towards market dynamics and evolving defense needs.
Overall, Lockheed Martin's earnings call outlined a strategic roadmap for continued success, innovation, and resilience in the defense industry landscape.

Lockheed Martin (LMT) reports robust Q3 performance and growth opportunities

Lockheed Martin's Q3 2024 performance showcased strong financials, driven by a record backlog, increased sales, and operational improvements. The company's focus on key strengths like the F-35 program and dividend growth positions it well for future success. While challenges exist in maintaining growth, opportunities in international collaborations and innovation present avenues for continued expansion.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

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Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

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Cash from other sources

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Lockheed Martin Corp. is a global security and aerospace company, which engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services. It operates through the following business segments: Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS), and Space. The Aeronautics segment research, designs, develops, manufactures, integrates, sustains, supports, and upgrades advanced military aircraft, including combat and air mobility aircraft, unmanned air vehicles, and related technologies. The MFC segment is involved in 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 RMS segment designs, manufactures, services, and supports various 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 includes the production of satellites, space transportation systems, and strategic, advanced strike, and defensive systems. The company was founded in 1912 and is headquartered in Bethesda, MD.

Lockheed Martin (NYSE: LMT) reported its Q3 results last week, with revenues and earnings beating the street estimates.

After An 8% Rise In A Month What's Next For Lockheed Martin Stock

Defense spending as a percentage of GDP in the US is likely to stabilize and increase, making the defense industry a useful portfolio diversifier. Lockheed Martin has shown a short setup that proved prescient, but now the corrective move appears to be complete, and a move-up is expected. Northrop Grumman and other plays in the same sector are also projected to move higher.

Lockheed Martin: Defense To Diversify

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CNBC's Jim Cramer on Tuesday recommended defense stocks as the U.S. empties its arsenals to aid allies Israel and Ukraine.

Cramer says to invest in defense companies as the U.S. looks to rebuild weapons stockpile

Terran Orbital Corp

Terran Orbital (NYSE:LLAP) announced that it has been awarded a contract from Lockheed Martin (NYSE:LMT) to build 36 satellite buses for Space Development Agency's (SDA) Tranche 2 Transport Layer (T2TL) Beta constellation.     The satellite products manufacturer said SDA's T2TL Beta constellation will advance the Proliferated Warfighter Space Architecture's (PWSA) initial warfighting capability with targeted technology enhancements, mission-focused payload configurations, and increased integration.

Terran Orbital awarded contract to build satellite buses for Lockheed Martin

Lockheed Martin (NYSE:LMT) has pulled out from the United States Air Force's competition to build at least 75 refuelling tankers, Reuters reported on Monday. "Lockheed Martin (NYSE:LMT) has decided not to respond to the U.S. Air Force's KC-135 fleet recapitalization Request for Information," Lockheed spokesperson Stephanie Stinn told the publication in a statement.

Lockheed Martin pulls out of US Air Force tanker competition

Lockheed Martin Corp has withdrawn from the U.S. Air Force's competition to build at least 75 refueling tankers, the company said, giving Boeing's KC-46 Pegasus a boost in the closely-watched multi-billion dollar Air Force contract.

Exclusive: Lockheed exits US Air Force tanker competition; lifting Boeing's KC-46

Northrop Grumman

CACI

Defense stocks are back in the spotlight amid rising global geopolitical tensions. The war in Russia and Ukraine was a testament to the rapidly evolving economic and political instability.

The 7 Best Defense Stocks to Buy Now: October 2023

Humanitarian aid arrived in Gaza for the first time Saturday since the attacks in Israel by Hamas earlier this month.

The Weight of War: What Happened This Week to Oil, Defense Stocks, and Gold.

The defense industry holds a number of appealing stocks for dividend growth investors. Constant geopolitical concerns and rising defense budgets around the world provide a strong backdrop for the biggest defense companies.

3 Dividend Stocks to Defend Your Income Portfolio

iShares U.S. Aerospace & Defense ETF

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Look into ETFs with an exposure in LMT, as the world's largest defense contractor reports better-than-expected Q3 earnings.

Q3 Earnings Put Lockheed Martin Heavy ETFs in Focus

SPDR S&P Aerospace & Defense ETF

Hello! This is MarketWatch reporter Isabel Wang bringing you this week's ETF Wrap. In this week's edition, we look at defense ETFs, which have rallied on the back of the Middle East conflict since the Palestinian militant group launched surprise cross-border raids from Gaza 13 days ago, pushing the region to the precipice of a dangerous abyss.

Israel–Hamas war boosts U.S. defense ETFs, but why it won't help stocks for long

Investing in space stocks is no longer science fiction. In fact, Morgan Stanley is forecasting that the global space industry could be valued at over $1 trillion by 2040.

3 Space Stocks That Are Shooting for the Stars

Philippines Air Force crews will operate these new C-130J-30s, set to deliver in 2026 MARIETTA, Ga. , Oct. 19, 2023 /PRNewswire/ -- The Republic of the Philippines Department of National Defense announced the acquisition of three new C-130J-30 Super Hercules tactical airlifters from Lockheed Martin (NYSE: LMT) through a Direct Commercial Sale.

The Philippines Announces the Acquisition of Three C-130J-30 Super Hercules Tactical Airlifters

HawkEye 360 and Lockheed Martin Corporation sign Strategic Cooperative Agreement HERNDON, Va. , Oct. 18, 2023 /PRNewswire/ --  HawkEye 360 Inc.

HawkEye 360 Closes Additional $10 Million in Series D-1 Funding from Lockheed Martin Ventures and Company Insiders

When war breaks out, defense companies tend to make money. That means aerospace and defense stocks tend to rise during geopolitical unrest.

What the Israel-Hamas war means for defense stocks

Lockheed Martin Corporation (NYSE:LMT ) Q3 2023 Earnings Conference Call October 17, 2023 11:00 AM ET Company Participants Maria Ricciardone Lee - VP of IR Jim Taiclet - Chairman, President and CEO Jay Malave - CFO Conference Call Participants Doug Harned - Bernstein Cai von Rumohr - TD Cowen Kristine Liwag - Morgan Stanley George Shapiro - Shapiro Research David Straus - Barclays Kenneth Herbert - RBC Capital Markets Rob Stallard - Vertical Research Richard Safran - Seaport Research Partners Sheila Kahyaoglu - Jefferies Seth Seifman - JPMorgan Myles Walton - Wolfe Research Noah Poponak - Goldman Sachs Jason Gursky - Citi Operator Good day, and welcome, everyone, to the Lockheed Martin Third Quarter 2023 Earnings Results Conference Call. Today's call is being recorded.

Lockheed Martin Corporation (LMT) Q3 2023 Earnings Call Transcript

Lockheed's weapons, such as the guided multiple launch rocket system and Javelin anti-tank missiles, made in conjunction with RTX have proven critical to Ukraine's war efforts.

Lockheed beats estimates on sustained weapons demand amid geopolitical tensions

Lockheed's (LMT) third-quarter sales of $16.88 billion surpass the Zacks Consensus Estimate by 1.3%. The top line rises 1.8% year over year.

Lockheed (LMT) Q3 Earnings Beat Estimates, Sales Rise Y/Y

Lockheed Martin (LMT) came out with quarterly earnings of $6.77 per share, beating the Zacks Consensus Estimate of $6.66 per share. This compares to earnings of $6.87 per share a year ago.

Lockheed Martin (LMT) Q3 Earnings and Revenues Top Estimates

While the top- and bottom-line numbers for Lockheed (LMT) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Here's What Key Metrics Tell Us About Lockheed (LMT) Q3 Earnings

Lockheed Martin (NYSE:LMT) saw its sales increase by around 2% year-over-year as the global aerospace and defense company delivered an impressive 3Q financial report. The firm posted net sales of $16.9 billion, representing a 2% increase compared to the same quarter in 2022 when net sales were $16.6 billion.

Lockheed Martin 3Q beats estimates

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Dividend Income Summary: Lanny's September 2023 Summary

Lockheed Martin Corp. LMT, -0.15% said Tuesday it had net income of $1.7 billion, or $6.73 a share, in the third quarter, compared with income of $1.8 billion, or $6.71 a share, in the year-earlier period. Revenue rose 2% to $16.9 billion.

Lockheed Martin posts better-than-expected Q3 earnings

Lockheed Martin reported higher third-quarter revenue on Tuesday, as geopolitical tensions fueled sustained demand for its military equipment.

Lockheed revenue rises on sustained weapons demand amid geopolitical tensions

Net sales of $16.9 billion, an increase of 2% year-over-year Net earnings of $1.7 billion, or $6.73 per share Cash from operations of $2.9 billion and free cash flow of $2.5 billion $2.5 billion of cash returned to shareholders through dividends and share repurchases Increased share repurchase authority by $6.0 billion to a total authorization of $13.0 billion Increased quarterly dividend to $3.15 per share Reaffirms 2023 financial outlook BETHESDA, Md. , Oct. 17, 2023 /PRNewswire/ -- Lockheed Martin Corporation (NYSE: LMT) today reported third quarter 2023 net sales of $16.9 billion, compared to $16.6 billion in the third quarter of 2022.

News for Lockheed Martin Stock (LMT)