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 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

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 (NYSE: LMT) reported a third-quarter FY21 net sales decline of 2.8% year-over-year to $16.03 billion, missing the consensus of $17.12 billion. Aeronautics sales of $6.57 billion (-1.7% Y/Y); operating margin 10.9%, up by 30 bps, and backlog at the end of the quarter was $47.89 billion.

Lockheed Martin Shares Slip On Weak FY21, FY22 Sales Outlook

Lockheed Martin Shares Slip On Q3 Revenue Miss, Lowered FY21 Outlook

Lockheed Martin Corp. shares LMT, +0.46% slid 4.9% in premarket trade Tuesday, after the defense contractor's profit and sales fell and sales missed consensus estimates and the company said it would reassess its five-year business plan. Bethesda, Md.

Lockheed Martin shares slide 4.9% premarket after sales miss and lowered guidance

U.S. weapons maker Lockheed Martin Corp lowered its 2021 revenue expectations by 2.5% to $67 billion on Tuesday and said next year's revenue could fall to $66 billion as the COVID-19 pandemic hobbles the company's supply chain.

Lockheed clips revenue outlook on supply chain woes

BETHESDA, Md., Oct. 26, 2021 /PRNewswire/ -- Lockheed Martin Corporation [NYSE: LMT] today reported third quarter 2021 net sales of $16.0 billion, compared to $16.5 billion in the third quarter of 2020.

Lockheed Martin Reports Third Quarter 2021 Financial Results

Northrop Grumman

The shares of Northrop Grumman have almost recovered to pre-Covid levels while the shares of its competitor Lockheed Martin remain 13% below February 2020 highs. While both companies have a similar risk-return profile, Trefis believes that Lockheed Martin remains a good pick due to a high current.

Defense Industry Stocks: Lockheed Martin Over Northrop Grumman?

Hello and welcome back to Max Q. The era of commercial space stations is here.

Max Q: Nanoracks, Voyager and Lockheed Martin plan commercial space station

There are concerns about F-35 production and associated recurring revenues as production will not reach earlier anticipated peak levels for years to come.

Lockheed Martin Stock: Concerns About F-35, But Space Offers Growth Opportunity

GREENVILLE, S.C., Oct. 25, 2021 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) will add more than 300 new jobs for F-16 production and sustainment to its Greenville, South Carolina site by the end of 2022.

Lockheed Martin's Greenville Site to Add More Than 300 New Jobs by End of 2022

The era of private space stations is officially here as Nanoracks, Voyager Space and Lockheed Martin announce plans to launch a commercial station in 2027, but it's just the next logical step for developing the new space economy, the companies say. “One of our key theses for the industry is that, the last 10 years […]

Voyager, Nanoracks and Lockheed's “Starlab” is the latest sign that the low Earth orbit economy is coming

General Electric

Raytheon Technologies

Of nearly 40 companies in our watch list that reported earnings late Thursday or before markets opened Friday, a full one-quarter posted negative earnings surprises, and just one met expectations exactly.

Earnings Previews: Facebook, GE, Lockheed Martin, Raytheon, UPS

BETHESDA, Md., Oct. 21, 2021 /PRNewswire/ -- Lockheed Martin Corporation (NYSE: LMT) today announced its board of directors has elected John M.

Lockheed Martin Elects John M. Donovan to Board of Directors

NASA has been encouraging private industry to replace the aging ISS with a commercial successor for quite a while now, and while Axiom Space has already expressed its intent to do so eventually, a new consortium made up of Nanoracks, Voyager Space and Lockheed Martin now say they'll create the “first-ever free flying commercial space […]

Nanoracks, Lockheed Martin and Voyager Space plan to launch crewed commercial space station by 2027

DENVER, Oct. 21, 2021 /PRNewswire/ -- Nanoracks, in collaboration with Voyager Space and Lockheed Martin [NYSE: LMT], has formed a team to develop the first-ever free flying commercial space station. The space station, known as Starlab, will be a continuously crewed commercial platform, dedicated to conducting critical research, fostering industrial activity, and ensuring continued U.S. presence and leadership in low-Earth orbit.

Nanoracks, Voyager Space, and Lockheed Martin Teaming to Develop Commercial Space Station

Lockheed's (LMT) Q3 sales performance is expected to have been solid. Earnings might have been hit by charges related to performance issues faced by a few programs.

Will Poor Operational Show Hit Lockheed (LMT) in Q3 Earnings?

Lockheed (LMT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Lockheed Martin (LMT) Q3 Earnings Expected to Decline

LMT produces stable free cash flow and is equipped with a robust balance sheet.

Lockheed Martin Adds Industrial Exposure With A Non-Cyclical Flavor To Your Portfolio

BETHESDA, Md., Oct. 19, 2021 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) will webcast live its third quarter 2021 earnings results webcast on Tuesday, Oct. 26, 2021, at 11 a.m.

Lockheed Martin Announces Third Quarter 2021 Earnings Results Webcast

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One sector that has stayed out of the spotlight over the past year and a half has been aerospace and defense.

Why Dividend-Paying Aerospace and Defense Stocks Should Be Bought Now

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There are 25 stocks on my dividend growth watchlist for October 2021. Six of the stocks on my watchlist are currently undervalued based on dividend yield theory.

Dividend Growth Stock Watchlist - October 2021

My last article analyzed Lockheed Martin Corporation from the perspective of its profitability by the most important profit metric: return on capital employed (“ROCE”).

Lockheed Martin Corp.: Expanding Margin And Shrinking Leverage Strengthen Bull Thesis

The nation's biggest defense contractor intends to match the pace of innovation in the digital world.

Faster: Lockheed Martin CEO Signals Big Shift In Corporate Culture

Lockheed Martin has become a new holding in my personal portfolio. The stock meets my fundamental criteria and the corporate narrative is favorable. I believe the management team is solid and shareholder-friendly.

Lockheed Martin Stock: Why It's Become A New Position In My Portfolio

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Regardless of what happens these days, the market seems to push higher. Interest rates shooting up?

5 Dividend-Paying Sin Stocks to Buy May Survive a Massive Market Sell-Off

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News for Lockheed Martin Stock (LMT)