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

Profit Margin

Margins

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

Sikorsky Aircraft is an American aircraft manufacturer based in Stratford, Connecticut. Sikorsky manufacters airpanes, helicopters, as well as other aircraft and products.

Sikorsky Aircraft

Sandia National Laboratories is one of three National Nuclear Security Administration research and development laboratories. Their primary mission is to develop, engineer, and test the non-nuclear components of nuclear weapons.

Sandia National Laboratories

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

Earnings data Q2 2021

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

Inventory

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

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

General Dynamics

Northrop Grumman

Raytheon Technologies

The US government is investigating Unknown Aerial Phenomenon (UAP) and discussing the Unidentified Anomalous Phenomena Disclosure Act, which could become law. The act would allow the government to seize non-human technologies currently being developed by private corporations, potentially impacting investment markets. Whistleblower David Grusch claims the US government possesses spacecraft reverse-engineered with non-human technology, which could significantly benefit companies such as Lockheed, Northrop Grumman, General Dynamics, Raytheon, and SpaceX.

Investing In UAP Disclosure, And How To Manage Risk

Lockheed Martin reported quarterly financial results that could have massive implications for stock market investors.

Should Investors Buy Lockheed Martin Stock Right Now?

Lockheed Martin's Q2 2023 results show an 8% increase in total sales to $16.7 billion, despite challenges in the defense equipment and services sector and supply chain constraints. The company increased its 2023 revenue and profit outlook during the Q2 earnings presentation, with most of the EPS growth driven by share repurchases.

Is Lockheed Martin Stock Still A Buy?

Boeing

Iridium Communications

With the recent advancements in space, Maine is shaping to be a prime location for the global aerospace industry. Research has shown that the rapidly growing industry is expanding outwards and into the Aroostook Country.

3 Space Stocks to Catapult You into the Millionaires' Club

Leonardo DRS Inc

There are specific sectors that will continue to deliver steady growth through the decade. Without a doubt, the defense sector will be on that list and it's a good time to remain invested in some of the best defense stocks.

3 Defense Stocks to Buy and Hold Forever

Overall, Lockheed Martin's solid financial performance bodes well for its long-term growth and ability to reward shareholders.

Lockheed Martin Reports Strong Q2 2023 Earnings

Lockheed Martin is a solid investment due to its strong dividends, shareholder benefits, and impressive quarterly results, including record-breaking orders and improved supply chains. The company's future growth is expected to be driven by rising demand for defense equipment and services, positive developments in its Aeronautics and Space segments, and high demand for advanced missiles. Despite temporary setbacks, LMT's strong cash flow, commitment to rewarding shareholders, and attractive valuation suggest significant long-term growth potential.

Dividend Growth: Lockheed Martin Is My Largest Investment For A Reason

Lockheed Martin posted better-than-expected quarterly results and raised its guidance as demand for military weapons rose.

Lockheed Martin Beats Estimates, Raises Outlook on Higher Demand for Weapons

Lockheed Martin Corporation. (NYSE:LMT ) Q2 2023 Earnings Conference Call July 18, 2023 11:00 AM ET Company Participants Maria Ricciardone Lee - Vice President of Investor Relations Jim Taiclet - Chairman, President and Chief Executive Officer Jay Malave - Chief Financial Officer Conference Call Participants Robert Spingarn - Melius Research Matthew Akers - Wells Fargo Peter Arment - Baird Sheila Kahyaoglu - Jefferies Richard Safran - Seaport Research Partners Noah Poponak - Goldman Sachs Myles Walton - Wolfe Research Ken Herbert - RBC Capital Markets Jason Gursky - Citigroup David Strauss - Barclays Ronald Epstein - Bank of America Securities Pete Skibitski - Alembic Global Advisors Douglas Harned - Bernstein Operator Good morning everyone and welcome everyone to the Lockheed Martin Second Quarter 2023 Earnings Results Conference Call.

Lockheed Martin Corporation (LMT) Q2 2023 Earnings Call Transcript

Bank of America

Morgan Stanley

Retail Sales at +0.2% were well off the expected +0.5% for the month, which happens to also be the upward revision for May.

Retail Sales Lower at +0.2%; BAC, MS, LMT All Beat in Q2

Retail Sales Fall Below Expectations in June.

Retail Sales Fall Below Expectations in June

Lockheed's (LMT) Q2 net sales amounted to $16.69 billion, which surpassed the Zacks Consensus Estimate by 5.2%. The top line rose 8.1% from the year-ago quarter's level.

Lockheed (LMT) Beats on Q2 Earnings, Ups '23 Sales View

Lockheed Martin Corp (NYSE:LMT) has pulled back from its early-morning gains, after the aerospace and defense giant posted better-than-expected second-quarter results and raised its full-year forecast due to strong demand for weapons.

Lockheed Martin Stock Pulls Back from Post-Earnings Pop

Although the revenue and EPS for Lockheed (LMT) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Here's What Key Metrics Tell Us About Lockheed (LMT) Q2 Earnings

Lockheed Martin's NYSE: LMT wings were clipped in the 1st half of 2023, but the Q2 results and guidance suggest the market could fly to a new high. The company beat on the top and bottom lines and raised guidance to a range that is sure to get the analysts buzzing.

Can Lockheed Martin Fly To A New High In 2023?

Lockheed Martin (LMT) came out with quarterly earnings of $6.73 per share, beating the Zacks Consensus Estimate of $6.43 per share. This compares to earnings of $1.99 per share a year ago.

Lockheed Martin (LMT) Q2 Earnings and Revenues Surpass Estimates

Lockheed Martin (NYSE:LMT) Corp raised its full-year 2023 forecast for sales, segment operating profit and earnings per share (EPS) on Tuesday after the company's second-quarter revenue and EPS surpassed analyst expectations.   The US weapons maker saw its 2Q net sales rise 8.1% to $16.69 billion, while its adjusted earnings for the period increased 6.5% to $6.73 per share.

Lockheed Martin ups full-year outlook on strong weapons demand

Lockheed Martin Corp. LMT, +1.22% posted stronger-than-expected second-quarter earnings on Tuesday and raised its full-year guidance. The stock rose 0.7% premarket.

Lockheed Martin tops Q2 estimates and raises guidance

U.S. weapons maker Lockheed Martin on Tuesday raised its annual profit and sales outlook on strong demand for military equipment stoked by ongoing geopolitical uncertainties.

Lockheed Martin raises full-year forecast on strong weapons demand

Lockheed reported adjusted earnings per share of $6.75 from $16.7 billion in sales, Tuesday. Wall Street was looking for earnings per share of $6.45 from $15.9 billion in sales.

Lockheed Martin Beats Earnings Estimates. The Stock Is Rising.

The defense giant raised its sales guidance as the war in Ukraine is driving orders for missiles.

Lockheed Martin Projects Higher Sales as War Boosts Orders

Net sales of $16.7 billion, an increase of 8% year-over-year Net earnings of $1.7 billion, or $6.63 per share Cash from operations of $1.1 billion and free cash flow of $0.8 billion $1.5 billion of cash returned to shareholders through dividends and share repurchases Record backlog of $158.0 billion 2023 outlook increased for sales, segment operating profit and earnings per share BETHESDA, Md. , July 18, 2023 /PRNewswire/ -- Lockheed Martin Corporation [NYSE: LMT] today reported second quarter 2023 net sales of $16.7 billion, compared to $15.4 billion in the second quarter of 2022.

Lockheed Martin Reports Second Quarter 2023 Financial Results

Lockheed Martin set to report earnings Tuesday while the Senate debates the $886 billion defense spending bill. Lockheed Martin stock rises.

Lockheed Martin Set To Report; Senate Prepares For Defense Debate

LMT is expected to report positive Q2 financial results compared with estimated earnings and revenue growth. Lockheed Martin concentrates on defense production, digital technology adoption, global deployment, the Biden Administration's budget, and stable funding to support growth. The management anticipates growth in 2024, an F-16 program resurgence, and acknowledges supply chain challenges.

Lockheed Martin Q2 Earnings Preview: Preparing For Takeoff

Lockheed (LMT) is set to procure long lead time materials, parts, components and efforts to support maintaining on-time production and delivery of 147 F-35 jets from the 18th lot.

News for Lockheed Martin Stock (LMT)