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

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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.

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

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

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Lockheed Martin's Q3 earnings report showed plateauing sales and a decline in free cash flow, leading to a 6% drop in stock price. Despite missing sales estimates, Lockheed Martin's GAAP EPS and core earnings per share beat expectations, with a strong backlog indicating robust demand. Risks include ongoing negotiations for the F-35 program, but the company expects delayed cash flow to reverse by 2025, boosting future growth.

Why Did Lockheed Martin Stock Tumble After Earnings Report?

Lockheed Martin Corporation (NYSE:LMT ) Q3 2024 Earnings Conference Call October 22, 2024 11:00 AM ET Company Participants Maria Ricciardone - Vice President, Treasurer and Investor Relations James Taiclet - Chairman, President and CEO Jay Malave - Chief Financial Officer Conference Call Participants Ronald Epstein - Bank of America Sheila Kahyaoglu - Jefferies Noah Poponak - Goldman Sachs Myles Walton - Wolfe Research Douglas Harned - Sanford C. Bernstein & Co. Richard Safran - Seaport Research Partners David Strauss - Barclays Bank Jason Gursky - Citi Research Rob Stallard - Vertical Research Partners Operator Good day, and welcome everyone to the Lockheed Martin Third Quarter 2024 Earnings Results Conference Call.

Lockheed Martin Corporation (LMT) Q3 2024 Earnings Call Transcript

Lockheed Martin (LMT) shares tumbled Tuesday as the defense contractor missed revenue estimates on a drop in aerospace sales.

Lockheed Martin Stock Sinks as F-35 Sales Decline Weighs on Revenue

Although the revenue and EPS for Lockheed (LMT) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Lockheed (LMT) Reports Q3 Earnings: What Key Metrics Have to Say

Weak revenue growth mars an otherwise solid quarter.

Why Lockheed Martin Stock Is Losing Ground Today

LMT's third-quarter 2024 net sales were $17.10 billion, which missed the Zacks Consensus Estimate by 1%. The top line, however, increased 1.3% from the prior-year level.

Lockheed Beats on Q3 Earnings but Misses Sales, Ups '24 EPS View

Lockheed Martin (LMT) came out with quarterly earnings of $6.84 per share, beating the Zacks Consensus Estimate of $6.47 per share. This compares to earnings of $6.77 per share a year ago.

Lockheed Martin (LMT) Q3 Earnings Top Estimates

Defense contractor Lockheed Martin on Tuesday joined rival RTX in lifting annual profit and sales forecasts, driven by robust demand for military equipment amid escalating global tensions.

Lockheed Martin lifts profit, sales forecasts on strong demand for weapons

Net sales of $17.1 billion, an increase of 1% year over year Net earnings of $1.6 billion, or $6.80 per share Cash from operations of $2.4 billion and free cash flow of $2.1 billion $1.6 billion  of cash returned to shareholders through dividends and share repurchases Increased share repurchase authority by $3.0 billion to a total authorization of $10.3 billion Increased quarterly dividend 5% to $3.30 per share 2024 financial outlook increased BETHESDA, Md. , Oct. 22, 2024 /PRNewswire/ -- Lockheed Martin Corporation [NYSE: LMT] today reported third quarter 2024 net sales of $17.1 billion, compared to $16.9 billion in the third quarter of 2023.

Lockheed Martin Reports Third Quarter 2024 Financial Results

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Wall Street maintained a cautious stance amid a flurry of earnings reports this week, while markets posted gains for the sixth consecutive week.

US Stocks Remains On Edge Ahead Of Flurry Of Earnings From Lockheed Martin, GM And Others: This Is Still A 'Buy The Dip' Market, Says Expert

Defense and aerospace firm Lockheed Martin Corp (NYSE:LMT) is scheduled to report earnings before the open on Tuesday, Oct. 22.

Lockheed Martin Stock Hits Record Highs Before Earnings

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Analysts expect most defense contractors to report gains to earnings and revenue as Lockheed Martin and RTX lead results on Tuesday.

Lockheed Martin, RTX Lead Defense Earnings; These Names Near Buy Points

Lockheed Martin (NYSE: LMT) will report its Q3 2024 results on Tuesday, October 22. We expect the company to post mixed results, with revenue of $17.0 billion and earnings of $6.50 per share, compared to the consensus estimates of $17.4 billion and $6.50, respectively.

What To Expect From Lockheed Martin's Q3?

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It costs a lot of money to build a missile defense satellite system. For space stock investors, that's good news.

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Investors with an interest in Aerospace - Defense stocks have likely encountered both Northrop Grumman (NOC) and Lockheed Martin (LMT). But which of these two stocks presents investors with the better value opportunity right now?

NOC or LMT: Which Is the Better Value Stock Right Now?

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Billions of dollars for Boeing and Lockheed hinge on a single FAA decision.

Boeing and Lockheed Martin's New Space Rocket May Have a Problem

Besides Wall Street's top -and-bottom-line estimates for Lockheed (LMT), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.

What Analyst Projections for Key Metrics Reveal About Lockheed (LMT) Q3 Earnings

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Most investors inconsistently view quarterly earnings as a catalyst for stock prices upon the news release. They often find themselves trapped in the volatility of sudden moves and face the risk of large—or total, in the case of options—losses if the direction of the stock after the announcement goes the wrong way.

3 Stocks Investors Don't Want to Miss Ahead of Earnings

LMT's earnings outpaced the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 7.46%.

Should Lockheed Stock Be in Your Portfolio Ahead of Q3 Earnings Report?

Lockheed (LMT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Investors Heavily Search Lockheed Martin Corporation (LMT): Here is What You Need to Know

Lockheed (LMT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Lockheed Martin (LMT) Expected to Beat Earnings Estimates: Should You Buy?

Lockheed Martin (LMT) reachead $610.87 at the closing of the latest trading day, reflecting a +1.11% change compared to its last close.

Lockheed Martin (LMT) Surpasses Market Returns: Some Facts Worth Knowing

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The world's best hedge funds and investors tend to look at more abstract data than the average retail investor does. Now, some of this data might not be accessible, such as satellite feeds to figure out parking lot traffic and predict a financial quarter for a retail stock.

News for Lockheed Martin Stock (LMT)