← BackLOCKHEED MARTIN CORP · Guided Missiles & Space Vehicles & PartsLMT
Low riskNext report: Around Jan 28, 2027 (est.)
The short versionA profitable company with growing sales.
Going well
- Sales up 11% in the latest quarter vs a year ago
- Profitable every year for 10 years
- Brings in more cash than it spends
Money moves
- No insider buying or selling in the last 30 days
- Institutions added 1.1% to their holdings in the quarter ending June 2026 (1280 bought, 1260 sold)
- Held by Ray Dalio (Bridgewater), Cathie Wood (ARK Invest)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$635.37+5.1% that day
- Company value
- $146.8B
- Share price times all shares
- Price vs profit (P/E)
- 22.6x
- You pay about $23 for each $1 of yearly profit
- Price vs sales
- 1.9x
- Company value is 1.9 times a year of sales
- Dividend yield
- 2.1%
- Yearly dividend as a share of today's price
- Cash vs value
- 4%
- Cash as a share of company value
- Debt vs value
- 15%
- Debt as a share of company value
From LMT's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Sep '26$20.7B+11% vs a year earlier
Dec '23Tap a barSep '26
Last 12 months: $79.1B, up 7.9% from the 12 months before. Over 5 years, sales grew about 2.8% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- PassReturn on equity 15%+Earns a lot on the money owners have in the business.76.9%
- MissDebt under half of equityNot relying on borrowed money.3.23x equity
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.6.7%
- PassProfitable every yearSteady profits, not one good year.10 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$8.6B
- PassShare count not growingNot diluting owners. Falling means buybacks.-11.8% in 3 years
- MissGross margin 40%+Pricing power: sells for well above what it costs to make.10.2%
- Revenue
- $75.0B
- +5.6% vs prior year
- 5-year growth
- +2.8%/yr
- revenue, per year
- Total debt
- $21.7B
- 3.23x equity
- Current ratio
- 1.09x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Sep 27, 2026Reported Oct 22Before open6:26 am ET - Revenue
- $20.7B
- +11.3% YoY
- EPS
- $7.97
- vs $6.95
- Op. margin
- 11.8%
- -0.5 pts
- Gross margin
- 11.8%
- -0.2 pts
- Free cash flow
- $3.0B
- Share count
- -0.6%
- vs a year ago
Insider rating
Last 90 days
50Mixed
50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
78/ 100
- This week
- 3
- Normal week
- 0.9
- vs normal
- 3.5x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+1.1%Institutions added 1.1% to their holdings. 1280 bought, 1260 sold. 2 quarters of net buying in a row.
Shares held by institutions174.6M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
-2.3%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
2.0x · $20.5B debtShares outstandingLatest reported
231MNext reportAround Jan 28, 2027 (est.)Estimated from the same quarter last year
- Results filedOct 22
- Results filedJul 23
- Results filedApr 23
- Results filedJan 29
- Results filedOct 21, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.
Insider trades
Open-market buys and sells, last 90 days Bought$00 insiders
Sold$01 insider, 0 pre-planned
| Insider | Trade | Shares | Avg price | Value | Owns after | Date |
|---|
John Frank A StChief Operating Officer | Sell | 4K | $0.00 | $0 | 0 | |
- -100% of their holdings
- 3 trades
- Not a pre-planned sale
- Filed 4 days after
|
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.