Lockheed Martin Corporation (LMT)
NYSE · Industrials · market cap 122.30B
Share price
$538.09
At the last nightly close
Intrinsic value
$854.09
Range $614.45 – $655.88 before any credit for growth. The figure above credits what the franchise record earns, which is why it sits outside that range.
Margin of safety
+58.7%
($854.09 − $538.09) ÷ $538.09
EV / EBIT
20.4
On the median operating profit of 15 fiscal years through 2025.
How these numbers are computed
The valuations are calculated in Python from filed accounts, not written by a language model. Three methods run side by side: earnings power value, which capitalises a normalised operating profit; a free-cash-flow model; and the Graham Number as an asset-side cross-check. The conservative figure above is the low end of what they agree on.
The frame gives no credit for growth. A company that compounds will therefore read as expensive against it — that is deliberate. It is a price-discipline floor, not a price target, and it is not a view on what the shares will do.
The EV/EBIT ranking uses the median operating profit of up to fifteen fiscal years — a full cycle — where the free screeners use the last twelve months. When the data cannot support a method, the figure reads n/a rather than a number: a free-cash-flow valuation on a bank, a PEG on erratic earnings, a multiple on a company with no operating profit to speak of.
Fundamentals from SEC EDGAR. Prices, market data and technicals from yfinance. Valuation computed 2026-09-13.
Key metrics
Market position
Annual financials
| Period | Revenue | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|
| 2025-FY | 75.05B | 7.73B | 5.02B | 21.56 | 6.91B |
| 2024-FY | 71.04B | 7.01B | 5.34B | 22.39 | 5.29B |
| 2023-FY | 67.57B | 8.51B | 6.92B | 27.65 | 6.23B |
| 2022-FY | 65.98B | 8.35B | 5.73B | 21.74 | 6.13B |
| 2021-FY | 67.04B | 9.12B | 6.32B | 22.76 | 7.70B |
Filed figures from SEC EDGAR, in the reporting currency.
Next earnings
Recent news
- Perplexityperplexity.ai
- Lockheed Martin (NYSE:LMT) Reports Upbeat Q2 CY2026, Stock Soars - StockStorystockstory.org
- Lockheed Martin Corporation (LMT) Stock Price, News, Quote ...finance.yahoo.com
- LMT Stock - Lockheed Martin Corp - Morningstarmorningstar.com
- Lockheed Martin Retreats On Earnings Miss; Defense Demand Remains Elevated | Investor's Business Dailyinvestors.com
Headlines link to their source. Sperio does not republish article text.
The figures above are the arithmetic. To see what a board of eight AI agents makes of them — macro, sector, filings, news and a devil's advocate whose only job is to attack the thesis — run the full analysis on LMT.
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This page presents computed figures and filed financial data for information only. It is not investment advice, not a recommendation to buy or sell any security, and not a statement about what these shares will do. Sperio is a research tool, not an investment adviser. Figures are derived automatically from public filings and market data and may be incomplete, out of date or wrong. See the Terms & Disclaimer.