About Lockheed Martin Corporation
Lockheed Martin Corporation (LMT) has been publicly traded since 1962, making it a 64-year-old public company. It operates in the Aerospace & Defense industry within the Industrials sector. The company is headquartered in Bethesda, United States and employs approximately 123,000 people. With a market capitalization of $149 billion, LMT is a large established company.
Key Statistics
- Current Price
- $650.41
- Market Cap
- $150.50B
- 52-Week High
- $692.00
- 52-Week Low
- $410.11
- Sector
- Industrials
- Industry
- Aerospace & Defense
$1,000 Invested
Monthly Returns Heatmap
Annual Returns
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | +35.18% | $481.13 | $650.41 |
| 2025 | +2.47% | $469.55 | $481.13 |
| 2024 | +10.02% | $426.78 | $469.55 |
| 2023 | -4.31% | $446.00 | $426.78 |
| 2022 | +40.48% | $317.49 | $446.00 |
| 2021 | +3.15% | $307.79 | $317.49 |
| 2020 | -6.49% | $329.16 | $307.79 |
| 2019 | +52.55% | $215.78 | $329.16 |
| 2018 | -16.35% | $257.94 | $215.78 |
| 2017 | +31.77% | $195.76 | $257.94 |
| 2016 | +18.37% | $165.38 | $195.76 |
| 2015 | +16.18% | $142.34 | $165.38 |
| 2014 | +33.76% | $106.41 | $142.34 |
| 2013 | +68.11% | $63.30 | $106.41 |
| 2012 | +19.52% | $52.96 | $63.30 |
| 2011 | +20.70% | $43.88 | $52.96 |
| 2010 | -3.84% | $45.63 | $43.88 |
| 2009 | -7.59% | $49.37 | $45.63 |
| 2008 | -18.56% | $60.63 | $49.37 |
| 2007 | +15.98% | $52.27 | $60.63 |
| 2006 | +46.99% | $35.56 | $52.27 |
| 2005 | +16.51% | $30.52 | $35.56 |
| 2004 | +9.99% | $27.75 | $30.52 |
| 2003 | -9.91% | $30.80 | $27.75 |
| 2002 | +24.69% | $24.71 | $30.80 |
| 2001 | +38.99% | $17.78 | $24.71 |
| 2000 | +58.03% | $11.25 | $17.78 |
| 1999 | -46.90% | $21.18 | $11.25 |
| 1998 | -12.60% | $24.24 | $21.18 |
| 1997 | +9.48% | $22.14 | $24.24 |
| 1996 | +18.05% | $18.76 | $22.14 |
| 1995 | +81.62% | $10.33 | $18.76 |
| 1994 | +10.09% | $9.38 | $10.33 |
| 1993 | +24.90% | $7.51 | $9.38 |
| 1992 | +31.40% | $5.72 | $7.51 |
| 1991 | +40.00% | $4.08 | $5.72 |
| 1990 | -8.78% | $4.48 | $4.08 |
| 1989 | -1.84% | $4.56 | $4.48 |
| 1988 | +24.61% | $3.66 | $4.56 |
| 1987 | -29.51% | $5.19 | $3.66 |
| 1986 | +4.04% | $4.99 | $5.19 |
| 1985 | +13.32% | $4.40 | $4.99 |
| 1984 | +11.21% | $3.96 | $4.40 |
| 1983 | +63.82% | $2.42 | $3.96 |
| 1982 | +56.68% | $1.54 | $2.42 |
| 1981 | +39.55% | $1.11 | $1.54 |
| 1980 | -2.90% | $1.14 | $1.11 |
| 1979 | +76.92% | $0.64 | $1.14 |
| 1978 | +30.00% | $0.49 | $0.64 |
| 1977 | +62.16% | $0.31 | $0.49 |
| 1976 | +21.31% | $0.25 | $0.31 |
| 1975 | +110.35% | $0.12 | $0.25 |
| 1974 | +11.54% | $0.11 | $0.12 |
| 1973 | -64.38% | $0.30 | $0.11 |
| 1972 | -6.41% | $0.32 | $0.30 |
| 1971 | +6.85% | $0.30 | $0.32 |
| 1970 | -47.10% | $0.57 | $0.30 |
| 1969 | -61.86% | $1.49 | $0.57 |
| 1968 | -7.96% | $1.62 | $1.49 |
| 1967 | -15.40% | $1.92 | $1.62 |
| 1966 | +17.51% | $1.63 | $1.92 |
| 1965 | +57.89% | $1.03 | $1.63 |
| 1964 | +12.27% | $0.92 | $1.03 |
| 1963 | -9.06% | $1.01 | $0.92 |
Valuation
LMT currently trades at a trailing P/E ratio of 30.0, which is considered high relative to the broader market. The forward P/E of 20.2 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 22.0. The price-to-sales ratio is 2.0.
Dividends
Lockheed Martin Corporation pays a dividend to shareholders with a current yield of 2.09%. This translates to $13.50 per share annually. The payout ratio of 62% indicates moderate dividend coverage.
Risk & Volatility
LMT has a beta of 0.20, indicating it is less volatile than the overall market. The stock's 52-week range is $410.11 to $692.00, and it currently trades near its 52-week high.
Analyst Ratings
Based on 19 analyst opinions, LMT has a consensus "hold" rating. The average price target of $657.58 suggests 1.8% upside from current levels.
Frequently Asked Questions
What does Lockheed Martin Corporation do? ▼
Lockheed Martin Corporation is a Aerospace & Defense company operating in the Industrials sector. The company is headquartered in Bethesda, United States.
What sector is LMT in? ▼
LMT operates in the Industrials sector, specifically in the Aerospace & Defense industry.
When did LMT go public? ▼
Lockheed Martin Corporation went public in 1962, making it a 64-year-old public company as of 2026.
How much would $1,000 invested in LMT 5 years ago be worth today? ▼
A $1,000 investment in LMT five years ago would be worth approximately $2,206 today, representing a 120.6% return.
Does LMT pay dividends? ▼
Yes, Lockheed Martin Corporation pays a dividend with a current yield of 2.09%, which is $13.5 per share annually.
What is LMT's market cap? ▼
Lockheed Martin Corporation has a market capitalization of $149 billion, classifying it as a large-cap company.
What is LMT's P/E ratio? ▼
LMT has a trailing P/E ratio of 30.0 and a forward P/E of 20.2, which measures how much investors are paying per dollar of earnings.
Is LMT a buy, hold, or sell? ▼
Based on 19 opinions, LMT has a consensus "hold" rating. The average price target is $657.58.
Last updated: 3/14/2026