Lockheed Martin (LMT)
Industrials · Aerospace & Defense · NYSE
A premier global defense and aerospace leader providing advanced technology systems and solutions for critical national security and space missions.
What Lockheed Martin does
Lockheed Martin is a global security and aerospace company engaged in the research, design, development, manufacture, integration, and sustainment of advanced technology systems, products, and services. The company operates through a diversified portfolio that supports domestic and international defense, civil, and commercial space programs.
Themes: defense and national security, space exploration and infrastructure, aerospace manufacturing, missile defense
Fundamentals
- Price$564.14 as of 2026-08-24 close
- Market cap$130.2B as of 2026-08-24
- 1-year return+26.4% 2025-08-22 close $446.20 → 2026-08-24 close $564.14
- P/E20.79 as of 2026-08-24
- Net margin+8.2% as of 2026-08-24
- Gross margin+11.8% as of 2026-08-24
- ROE+86.2% as of 2026-08-24
- Debt / equity2.34 as of 2026-08-24
- Revenue growth (YoY)+7.2% as of 2026-08-24
- Revenue CAGR (3y)+4.4% SEC XBRL
- Beta0.16 as of 2026-08-24
- Last reported earnings2026-07-23 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +2.8%; at least 5 years of non-decreasing per-share dividends (SEC XBRL) — we do not hold the year before it, so the real streak may be longer.
How LMT compares in its sector
- price-to-earnings ratiomiddle range 350 covered Industrials peers, as of 2026-08-24
- net profit marginmiddle range 457 covered Industrials peers, as of 2026-08-24
- operating marginmiddle range 457 covered Industrials peers, as of 2026-08-24
- gross marginbottom 10% 455 covered Industrials peers, as of 2026-08-24
- return on equitytop 10% 460 covered Industrials peers, as of 2026-08-24
- 3-year revenue CAGRmiddle range 426 covered Industrials peers
- indicated dividend yieldtop 25% 267 covered Industrials peers, as of 2026-08-24
- free cash flow (absolute dollars, latest fiscal year)top 10% 414 covered Industrials peers, as of FY2025
Position among covered Industrials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Top 10 scores & list membership
LMT is not currently in any published Top 10 list. Its scores are below.
Long-term score
46.9 #617 of 987 scored · #112 of 197 in Industrials
Capital return 71st (consecutive years of dividend increases 5 years) and profitability 65th (return on equity 86.2%, operating margin 11.9%); weakest is financial health (31st, debt to equity 2.3, free cash flow margin 11.3%).
Short-term score
50.2 #763 of 1,704 scored · #114 of 283 in Industrials
Volume and participation 70th: trading volume is about normal versus its 30-day average; setup 62nd: over the past year its closes ranged, and it has retraced around half of its move over the past year — 48% of it; weakest is catalysts 34th: the analyst consensus rating has softened toward "sell" since the prior reading.
Scores as of 21 Aug 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 2.
Dividend coverage (FY2025)
Covered by reported results. In FY2025, LMT's dividend was covered by reported results (earnings payout 62%, free-cash-flow payout 45%). This describes past coverage, not a forecast.
- Earnings payout62% dividends / net income
- Free-cash-flow payout45% dividends / (operating cash flow − capex)
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How Lockheed Martin looks technically
Lockheed Martin (LMT) is trading 2.1% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed below its 200-day average about 42 trading days ago — a "death cross", a bearish long-term signal. A strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 28, with sellers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 46, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bearish about 3 trading days ago (its momentum flipped negative). It just made a new 20-day low, its first since 2026-07-22, breaking below its recent trading range. It is 18.6% below its highest point of the past year.
Trend
8
| Distance from the 200-day | it is trading 2.1% above its 200-day average, the long-term trend line — a longer-term uptrend | +2.1% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $548.34 | $548.34 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $551.94 | $551.94 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing high 24 calendar days ago — the swings before that are what the structure reading is measured on | 24 sessions |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 42 trading days ago — a "death cross", a bearish long-term signal | 42 sessions |
| Above the 200-day after a dip | it recently dipped to its 200-day average (the long-term trend line) and has since climbed back above it — now about 2.1% above | +2.1% |
| Trend strength (14-day ADX) | a strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 28, with sellers in control | 27.7 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 46, neither overbought (above 70) nor oversold (below 30) | 46.0 |
|---|---|---|
| Position in its 14-day range | it is trading right at the bottom of its 14-day range ($563.07 to $612.75) — its "stochastic" reading is 1 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 1.0 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bearish about 3 trading days ago (its momentum flipped negative) | 3 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $692.00 | $692.00 |
|---|---|---|
| From the 52-week high | it is 18.6% below its 52-week high (its highest price of the past year) | -18.6% |
| Above the 52-week low | it is 28.9% above its 52-week low (its lowest price of the past year) | +28.9% |
| Below the 52-week high | it is 18.6% below its highest point of the past year | 18.6% |
| Since a 20-day breakout | it just made a new 20-day low, its first since 2026-07-22, breaking below its recent trading range | 1 session |
| Since a 55-day breakout | it made a new 55-day high about 6 trading days ago | 6 sessions |
| All-time high | its highest closing price on record is $692.00 (set on 2026-03-02) | $692.00 |
| Given back of the 52-week move | over the past year its closes ranged ($439.19 to $676.70), and it has given back around half of its rise from last year’s low — 48% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $522.32 to $529.92. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 47.6% |
| From the all-time high | it is 18.6% below its all-time high | -18.6% |
| Nearest price level | it is sitting right on a support level at $561.62 — a price it turned at twice since 2024-09-11, most recently on 2024-09-19. Since 2024-08-21 it has 10 such levels below the current price and 3 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -0.3% |
| All-time low | its lowest closing price on record is $16.38 (set on 1999-10-29) | $16.38 |
| Above the all-time low | it is 3341.6% above its all-time low | +3,342% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are about average versus its own recent 6-month history | 30th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $15.70 between its high and its low — about 2.8% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $15.70 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $561.88 and $613.20 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $561.88 – $587.54 – $613.20 |
| Typical daily range (% of price) | its price moves about 2.8% in a typical session — calmer than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 2.8% |
| Stretch from the 200-day average | it is trading 0.7 daily ranges above its 200-day average price (2.1% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 0.7 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.01× |
|---|
Analyst
2
| Change in the average price target | analysts have raised their average price target by 0.4% since the prior reading | +0.4% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating has softened toward "sell" since the prior reading | 0.05 toward sell |
Candlestick patterns
1
| Since a bullish engulfing | 7 sessions ago it opened below the previous session's close and finished above that session's open — a "bullish engulfing" pair, where one up day more than undid the down day before it | 7 sessions ago |
|---|
Price gaps
1
| Gap at the open | it opened on 2026-08-21 at essentially the same price it closed at the session before — no meaningful overnight gap | 0.0% |
|---|
Price streaks
1
| Closing streak | it has closed lower 3 sessions in a row, a -7.18% move over the run — an unbroken run of down days, which describes what has already happened and says nothing about the next session | 3 sessions down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 8.8 percentage points (the stock gained 11.1% while the market gained 2.3%) | +8.8% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 4.7 percentage points (the stock gained 7.8% while the market gained 3.1%) | +4.7% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 25.5 percentage points (the stock lost 14.4% while the market gained 11.1%) | -25.4% |
| vs market, 12 months | over the past 12 months this stock beat the market by 5.5 percentage points (the stock gained 26.0% while the market gained 20.5%) | +5.5% |
Signal agreement
2
| Bullish technical signals | 3 of the 9 technical signals we can compute for it are currently in a bullish state: trading above its 200-day average, near the bottom of its 14-day range (oversold), trading above the Ichimoku cloud — these describe past price behaviour, not a forecast | 3 of 9 |
|---|---|---|
| Bearish technical signals | 5 of the 9 technical signals we can compute for it are currently in a bearish state: a strong downtrend, with sellers in control, a "death cross" — its 50-day average is below its 200-day, a fresh 20-day low, MACD momentum is negative, lagging the market over 6 months — these describe past price behaviour, not a forecast | 5 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 7.4% above the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the side traders read as an established uptrend, with the band below acting as the level that would have to give way. The band itself is thin, spanning 0.8% of the share price, which is taken to mean a barrier that gives way easily. | +7.4% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 2% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $577.03 — a volume-weighted average of daily closes over 157 sessions, not a true tick-by-tick VWAP. | -2.3% |
|---|---|---|
| Vs the average paid since it last reported | the price is 3% below the average price paid since it last reported on 2026-07-23 (its 10-Q), so the typical buyer over that stretch is under water. That average is $583.70 — a volume-weighted average of daily closes over 22 sessions, not a true tick-by-tick VWAP. | -3.5% |
Price levels it has turned at before
LMT last closed at $563.57 on 2026-08-21. Since 2024-08-21 it has turned at 10 prices below its last close and 3 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $561.62 | Support | 0.3% below the last close | turned there twice · 2024-09-11 to 2024-09-19 |
| $577.58 | Resistance | 2.5% above the last close | turned there twice · 2024-09-04 to 2024-11-12 |
| $545.08 | Support | 3.3% below the last close | turned there five times · 2024-11-06 to 2026-07-07 |
| $594.73 | Resistance | 5.5% above the last close | turned there four times · 2024-10-10 to 2026-07-28 |
| $512.64 | Support | 9.0% below the last close | turned there four times · 2024-11-25 to 2026-06-02 |
| $635.98 | Resistance | 12.8% above the last close | turned there twice · 2026-02-25 to 2026-04-06 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · Tested and reclaimed 200-day support · Broke down to a new 20-day low · MACD just crossed bearish (12/26/9) · lagging the market · At the bottom of its 14-day range (stochastic below 20) | Learn: moving average · golden cross · adx · rsi · macd · breakout · fifty two week high low
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingHold (2.57 mean, 1=Strong Buy…5=Strong Sell) — 19 analysts
- Mean price target$632.95 range $503.00 – $756.00; median $620.00
Analyst estimates, as of 2026-08-22. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for LMT
- Consensus EPS estimate$7.44 next reporting period, as of 2026-08-22
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Dependence on US government contracts and budget appropriations","Complexity of long-term development programs and potential for cost overruns","Supply chain disruptions and material availability"]
What changed in the latest 10-Q
AI-assisted comparison of LMT's 10-Q filed 2026-04-23 against the prior one filed 2025-10-21.
Management's Discussion & Analysis (MD&A)
- Added:
- Newer filing describes company as 'a global aerospace and defense technology company that builds and sustains the solutions' vs. older filing's description as 'principally engaged in the research, design, development, manufacture, integration and sustainment'
- Newer filing states '69% of our $18.0 billion in sales' for quarter ended March 29, 2026; older filing states '72% of our $54.7 billion in sales' for nine months ended September 28, 2025
- Newer filing references DoW receiving '59% from U.S. Department of War'; older filing states '63% from U.S. Department of War'
- Newer filing mentions international customers at '31%'; older filing states '28%'
- Newer filing describes four business areas: 'Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space'
- Newer filing adds reference to 'The One Big Beautiful Bill Act (the Tax Act) was signed by the President on July 4, 2025' providing '$150 billion in mandatory funding for the DoW'
- Newer filing adds discussion of 'April 3, 2026' FY 2027 Defense topline request for 'historic $1.5 trillion defense budget' with '$350 billion of mandatory funding' and '$760 billion weapons-procurement and modernization effort'
- Newer filing references 'National Defense Authorization Act (NDAA) for FY 2026' signed December 18, 2025 and 'Consolidated Appropriations Act, 2026' signed February 3, 2026
- Removed:
- Older filing contains separate subsection 'Recent Developments in Trade and Regulatory Policies' with detailed tariff discussion; newer filing integrates this into main text
- Older filing states tariffs 'had an impact of approximately $350 million on our cash flows for the nine months ended September 28, 2025'; newer filing omits specific dollar impact figure
- Older filing discusses company's mitigation strategies including 'seeking exclusions, through drawbacks, refunds, recovering the costs in the pricing of our products'; newer filing omits detailed mitigation strategies list
- Older filing references 'Part I, Item 1A, "Risk Factors" of our 2024 Form 10-K' for supply chain risks; newer filing references '2025 Form 10-K'
- Reworded:
- Newer filing: 'meet potential demand' vs. older filing: 'anticipate potential demand'
- Newer filing: 'on-time deliveries are stable' vs. older filing: 'on-time deliveries are improving'
- Newer filing combines macroeconomic factors discussion into single paragraph; older filing separates discussion under distinct subsection headings
- Newer filing: 'we do not currently expect existing tariffs to have a material long-term impact' vs. older filing: 'we do not believe that the tariffs announced...will have a material adverse effect'
- Newer filing: 'rare earth minerals that are used in certain of our products have raised concerns about supply availability' vs. older filing: 'recent government actions relating to rare earth minerals...including U.S. Government sourcing prohibitions' (text cut off)
- Notes:
- Older filing text appears truncated at end of 'Recent Developments in Trade and Regulatory Policies' section
- Newer filing also appears truncated at end of paragraph discussing FY 2027 budget proposal
- Comparison involves different reporting periods (quarter vs. nine months) affecting year-over-year metric comparisons
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales recorded in the last 90 days.
- Last 180 days0 buys · 8 sells — 1 selling insider
Most recent open-market transaction: 2026-03-11. As of 2026-08-25.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about LMT's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Congressional trading disclosures
U.S. House members publicly disclose their own, their spouse's, and dependent children's stock transactions under the STOCK Act. We hold 23 matched disclosures for LMT from U.S. House Clerk Periodic Transaction Report filings.
Congressional trading disclosures →Institutional ownership (13F)
7 institutional 13F filers reported holding LMT as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 7
- Reported shares held 54,928,024
- Reported value $33,197,947,935
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 5 increased, 2 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
LMT had 2,721,239 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
LMT had 1.18% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 1.88 days to cover at the same settlement.
- Reported short interest (shares) 2,721,239
- Short interest (% of shares outstanding) 1.18%
- Prior settlement (shares) 3,113,955
- Reported change -12.61%
- Days to cover (reported) 1.88
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Northrop Grumman (NOC)
- Boeing (BA)
- RTX Corporation (RTX)
- General Dynamics (GD)
- L3Harris Technologies (LHX)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does Lockheed Martin (LMT) do?
Lockheed Martin is a global security and aerospace company engaged in the research, design, development, manufacture, integration, and sustainment of advanced technology systems, products, and services. The company operates through a diversified portfolio that supports domestic and international defense, civil, and commercial space programs.
What sector is Lockheed Martin (LMT) in?
Lockheed Martin (LMT) is classified in the Industrials sector. Its industry is Aerospace & Defense. It trades on NYSE.
Does LMT pay a dividend?
Yes — Lockheed Martin (LMT) pays a dividend, with an indicated yield of about 2.79% and at least 5 years of non-decreasing per-share dividends (SEC EDGAR XBRL) — we do not hold the year before it, so the real streak may be longer (market data, as of 2026-08-24). Informational only — not financial advice.
Who are Lockheed Martin's (LMT) competitors?
Notable peers of Lockheed Martin (LMT) include Northrop Grumman, Boeing, RTX Corporation, General Dynamics and L3Harris Technologies. This peer set is informational only — not financial advice.
Has there been recent Congressional stock trading in LMT?
Yes — we hold 23 matched STOCK Act disclosures for LMT from U.S. House Clerk Periodic Transaction Report filings. These are legally-required disclosures (often filed 30–45 days after the trade), may belong to a U.S. House member, their spouse, or a dependent child, and are not an indicator of company performance or investment advice.
Is Lockheed Martin (LMT) overbought or oversold right now?
Lockheed Martin (LMT) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 46, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on LMT come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-24.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.