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

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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

Blackrock Inc

Medtronic

Walmart

Dividend stocks are an excellent source of passive income. Some dividend payers are markedly safer investments than their peers, however.

4 Ultra-Safe Passive Income Vehicles to Buy and Hold Forever

Defense demand is robust right now, but long-term demand is still dependent on political decision making. Lockheed Martin is struggling to meet its F-35 delivery targets, and finding it hard to aggressively grow profit margins.

1 Wall Street Analyst Thinks Lockheed Martin Stock Is Going to $508. Is It a Buy?

Ducommun

General Dynamics

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V2X Inc

Tensions are rising around the world, which is good news for some of the top defense stocks to buy. There's an ongoing war in Israel.

7 Defense Stocks to Buy as Tensions Rise in the Middle East

Lockheed Martin said on Thursday that it was on track to raise production of its weapons systems to meet increased demand amid escalating security concerns.

Lockheed Martin on track to increase production of weapons systems

Albemarle

Chevron

Newmont Mining

Pfizer

Rio Tinto plc Sponsored

AT&T

Investors can purchase undervalued dividend stocks to form the backbone of any portfolio. I say this because these stocks are generally low-beta and represent blue-chip companies.

7 Undervalued Dividend Stocks to Buy in February for High Total Returns

Lockheed Martin Corporation (LMT) TD Cowen 45th Annual Aerospace & Defense Conference (Transcript)

Lockheed (LMT) is set to provide design, development, build, and integration of equipment for missile flight test demonstrations and fielding.

Lockheed (LMT) Secures a $194M Deal to Aid Missile Flight Testing

Agilent Technologies

Biogen

Bristol-Myers

C.H. Robinson Worldwide

Core Laboratories Inc

Comcast

Compass Minerals

Campbell Soup

Corteva Inc

Estee Lauder

Etsy

Gilead Sciences

Huntington Ingalls Industries

Hilton Worldwide Holdings

Harley-Davidson

Honeywell

International Flavors & Fragrances

InterContinental Hotels Group

Kenvue

Marriott

McDonald's

MarketAxess Holdings

Altria

NIKE

Our 3-step process focuses on wide-moat stocks (as per Morningstar's rating).

U.S. Wide-Moat Stocks On Sale - The February 2024 Heat Map

Congress has been asked to authorize a $23 billion sale of F-16s to NATO ally Turkey. Simultaneously, it may approve an $8.6 billion sale of F-35s to Greece.

Lockheed Martin Will Sell $23 Billion Worth of F-16 Fighter Jets to Turkey

Boeing

It's been widely reported over the last year that ULA parent companies Boeing and Lockheed Martin are considering offloading the rocket business. And last week ULA CEO Tory Bruno gave a conference presentation featuring slides that looked plucked straight from an M&A pitch deck.

Investing in Space: How bankers read a potential sale of rocket builder ULA

Northrop Grumman

Defense stocks consists of equities investors turn toward during economic or geopolitical tumult. These can include manufacturing giants of planes, drones, tanks and other products used during conflicts.

3 Sorry Defense Stocks to Sell in February While You Still Can

Insider trading has been a significant problem in US politics, with various senators, representatives, and politicians seated in committees that grant them access to information that allows them to beat the market.

US politician buys this defense stock right before pushing to confront Iran

BETHESDA, Md. , Feb. 7, 2024 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) will webcast live a presentation by Chief Financial Officer Jay Malave at the TD Cowen 45th Annual Aerospace and Defense Conference on Wednesday, Feb. 14 at 10:00 a.m.

Lockheed Martin CFO to Speak at the TD Cowen 45th Annual Aerospace and Defense Conference

Textron

Subscribers to  Chart of the Week  received this commentary on Sunday, February 4.

Putting the Defense Sector Under the Microscope

U.S. weapons maker Lockheed Martin has signed agreements for Saudi Arabian companies to manufacture parts of its Terminal High Altitude Area Defense (THAAD) system, the company said on Monday.

Saudi companies to make parts for Lockheed's THAAD defense system

Lockheed Martin beat on sales and earnings last week, but forecast weaker earnings in 2024 -- and slow sales growth. Sales are still growing, but slowly, and profit margins look maxed out.

Lockheed Martin Stock Had a Ho-Hum 2023. Will 2024 Be Better?

Poland has signed a deal to buy Lockheed Martin's MK 41 Vertical Launching System for three frigates it is building, Polish defence firm PGZ said on Thursday.

Poland to buy Lockheed Martin missile launchers for navy

Lockheed Martin (LMT), with the Czech Republic Air Force's partnership, continues to expand the global F-35 program.

Lockheed's (LMT) F-35 Program Gets Selected by Czech Republic

For investors unfamiliar with the space industry, it may be surprising that some of the biggest players are defense contractors. Despite the tradition of military exploration, increasing commercial access has changed the space race for the better.

3 Aerospace Stocks Set to Soar in the Space Industry

Disney

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Walgreens

Welcome to the intriguing intersection of dividends and growth, where 2024 unveils a captivating ensemble of seven must-have dividend stocks. Among investment choices, striking the right chord between consistent income and potential growth is a delicate art.

7 Must-Have Dividend Stocks for Consistent Income in 2024

Virgin Galactic

Telesat Corp

Space exploration stocks represent the new frontier. These companies are pushing the boundaries of satellite technology, human spaceflight missions, and the exploration of Mars to help us potentially become a space-faring civilization.

3 Once-in-a-Lifetime Space Exploration Stocks With Unprecedented Surge Potential

The whole world has turned its attention to the escalating conflicts in the Red Sea involving United States and United Kingdom military personnel. While the media may underplay the significance of this issue, you may worry about its current positioning, as you can always make money in special situations like this one.

3 defense stocks that could soar on new contracts

FedEx

Johnson & Johnson

The United States is currently grappling with a complex border crisis, projected to have repercussions across several sectors, including humanitarian, political, and economic. With a focus on the economy, selected disciplines, such as the stock market, will likely see a shift as the issue evolves.

Stocks to benefit from US border crisis

L3Harris

Raytheon Technologies

With the rising tensions around the world, it is no surprise that stocks in the war and defense sector are recording massive price gains, but what is interesting is the connection between these companies and some of America's most prominent politicians, including United States Senator Lindsey Graham.

These war stocks are Lindsey Graham's largest political donors

News for Lockheed Martin Stock (LMT)