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

Program Supports Both Companies' Efforts to Innovate at a More Rapid Pace ORLANDO, Fla. , Jan. 24, 2024 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) and Red 6 announced today a strategic joint venture and Mentor-Protégé Agreement under the U.S. Small Business Administration Mentor-Protégé Program.

LOCKHEED MARTIN AND RED 6 BUILD ON PARTNERSHIP THROUGH MENTOR-PROTÉGÉ AGREEMENT

BETHESDA, Md. , Jan. 23, 2024 /PRNewswire/ -- The Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized a first quarter 2024 dividend of $3.15 per share.

Lockheed Martin Declares First Quarter 2024 Dividend

Lockheed Martin easily beat estimates on revenue and earnings for its fourth quarter of 2023. But the company also issued mixed guidance for 2024, pushing back the expected delivery of its first upgraded versions of the F-35 fighter jet to Q3.

Why Lockheed Martin Stock Dropped Today

Lockheed Martin Corporation (LMT) Q4 2023 Earnings Call Transcript

Lockheed's (LMT) fourth-quarter 2023 net sales were $18.87 billion, which surpassed the Zacks Consensus Estimate by 4.9%. The top line, however, decreased 0.6% from the year-ago quarter's level.

Lockheed (LMT) Q4 Earnings Beat Estimates, Sales Decline Y/Y

Although the revenue and EPS for Lockheed (LMT) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Lockheed (LMT) Q4 Earnings: A Look at Key Metrics

Lockheed Martin (LMT) came out with quarterly earnings of $7.90 per share, beating the Zacks Consensus Estimate of $7.26 per share. This compares to earnings of $7.79 per share a year ago.

Lockheed Martin (LMT) Q4 Earnings and Revenues Surpass Estimates

Lockheed Martin (NYSE:LMT) Corp on Tuesday reported improved fourth quarter earnings, on sales that were little changed, and forecast further top-line growth in 2024. The defence manufacturer said sales in the three months to December 31 were $18.9 billion, compared to $19.0 billion in the fourth quarter of 2022.

Lockheed Martin sees further top-line growth in 2024

Lockheed Martin Corp.'s stock LMT, +0.22% dipped 0.1% in premarket trading on Tuesday after the defense contractor's fourth-quarter earnings beat analyst estimates, but the company said its 2024 sales could fall short of consensus at the lower end of its range. Lockheed Martin said its net income for the three months ending Dec. 31 fell to $1.87 billion, or $7.58 a share, from $1.91 billion, or $7.40 a share, in the year-ago quarter.

Lockheed Martin's Q4 profit and sales beat Wall Street estimates

Lockheed Martin forecast its 2024 profit below Wall Street expectations on Tuesday, as the U.S. defense contractor's largest aeronautics segment that makes the F-35 jets faces supply chain disruptions.

Defense firm Lockheed forecasts dour 2024 profit on supply chain woes

With tensions around the world appearing higher than they've been in years and with multiple high-intensity conflicts raging, many have held onto the belief that the U.S. defense stocks – key cogs in the machine commonly known as the “military-industrial complex” – will easily reach new all-time highs.

Will Lockheed stock rocket after Q4 earnings?

Net sales of $18.9 billion in the fourth quarter and $67.6 billion in 2023 Net earnings of $1.9 billion, or $7.58 per share in the fourth quarter; $6.9 billion, or $27.55 per share in 2023 Cash from operations of $2.4 billion and free cash flow of $1.7 billion in the fourth quarter; cash from operations of $7.9 billion and free cash flow of $6.2 billion in 2023 $3.8 billion of cash returned to shareholders through dividends and share repurchases in the fourth quarter, and $9.1 billion in 2023 Record backlog of $160.6 billion 2024 financial outlook provided BETHESDA, Md. , Jan. 23, 2024 /PRNewswire/ -- Lockheed Martin Corporation [NYSE: LMT] today reported fourth quarter 2023 net sales of $18.9 billion, compared to $19.0 billion in the fourth quarter of 2022.

Lockheed Martin Reports Fourth Quarter and Full Year 2023 Financial Results

Raytheon Technologies

Analysts expect a mixed quarter for defense stocks with Lockheed Martin, RTX set to report earnings Tuesday.

Lockheed Martin, RTX To Report; Views Mixed For Defense Contractors

165th Airlift Wing to receive a total of eight Super Hercules tactical airlifters MARIETTA, Ga. , Jan. 22, 2024 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) delivered the first of eight C-130J-30 Super Hercules tactical airlifters to the Georgia Air National Guard during a ceremony today, commemorating a new era in Hercules operations for this longtime C-130 Hercules operator.

Lockheed Martin Delivers First C-130J-30 Super Hercules to the Georgia Air National Guard

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Lockheed's (LMT) Q4 results are likely to be impacted by a dismal top-line performance, lower equity earnings from ULA, lower segment profit and higher net interest expense.

Will Poor Segmental Performance Hit Lockheed's (LMT) Q4 Earnings?

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CNBC's Jim Cramer guided investors through next week's Wall Street action, telling them to gear up for a slew of earnings reports.

Cramer's week ahead: Earnings from Procter & Gamble, Tesla, Lockheed Martin

Japan's defense policy shift, including increased spending and relaxed arms export rules, presents a lucrative opportunity for Lockheed Martin. Lockheed Martin's diversified portfolio in cybersecurity, aerospace, and naval equipment positions it well to drive innovation in the Asia-Pacific defense market. Understanding Lockheed Martin's current and potential projects in Japan, such as the F-35 jets, will provide insights into its market penetration and growth prospects.

Lockheed Martin: Japan's Defense Budget - A Military Game Changer?

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They're not the most glamorous or high-profile stocks, but in the past month, big defense companies like TransDigm Group Inc. NYSE: TDG, RTX Corp. NYSE: RTX, the company formerly known as Raytheon, and Lockheed Martin Corp. NYSE: LMT outperformed the S&P 500 as geopolitical worries heat up.

Growth for these defense stocks as global tensions rise

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The Space Development Agency ordered nearly $10 billion in satellites for a new network known as the "Proliferated Warfighter Space Architecture," or PWSA.

Investing in Space: Pentagon's satellite constellation awards near $10 billion

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 December 2023.

Lockheed (LMT) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

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Lockheed Martin (LMT) closed the most recent trading day at $457.84, moving -1.15% from the previous trading session.

News for Lockheed Martin Stock (LMT)