How to play defense stocks in 2026
It was a big year for defense and aerospace stocks, with names like GE Aerospace (GE) and RTX (RTX) up more than 50% in 2025. Gabelli Funds Portfolio Manager Tony Bancroft, who manages the Gabelli Fun...
Fiscal Year: January - December
Lockheed Martin Corporation (LMT), listed on the NYSE, has a market capitalization of $. As of Jan 05, 2026, the stock is trading at $497.07 per share, offering investors a clear view of its current market value. Lockheed Martin Corporation is a prominent player in the industry sector, attracting both institutional and retail investors due to its performance and potential.
With a P/E ratio of 27.8, investors can assess the stock's valuation in comparison to its earnings. A P/E ratio is a crucial indicator for value investors, showing whether the stock is over or undervalued relative to its current earnings. Lockheed Martin Corporation also offers a dividend yield of 2.78%, making it an attractive option for income-focused investors who seek regular dividends.
Our Discounted Cash Flow (DCF) analysis reveals that Lockheed Martin Corporation (LMT) may be overvalued compared to its intrinsic worth. However, to see the exact DCF fair value, please Login or Upgrade for access.
The proprietary SS Score for Lockheed Martin Corporation is a unique metric that analyzes the company's financial health and growth potential. The score takes into account critical factors such as revenue growth, net income, free cash flow (FCF) compound annual growth rate (CAGR), the trend of shares outstanding, and the debt-to-FCF ratio. This helps investors to make a more informed decision, as an undervalued stock might still have poor financial fundamentals.
To view the detailed SS Score for Lockheed Martin Corporation, Login or Upgrade for access.
The Price to Free Cash Flow (P/FCF) ratio for Lockheed Martin Corporation is 25.04, offering insights into how much investors are paying for the company's free cash flow. A lower P/FCF ratio typically suggests that the stock is undervalued, while a higher ratio may indicate overvaluation.
In summary, Lockheed Martin Corporation (LMT) has shown consistent financial performance, as illustrated by the financial charts above, which track its revenue growth, net income, free cash flow, and shares outstanding over the past several years. These metrics provide investors with key insights into the company's past and projected future performance. Investors should use the SS Score alongside the DCF Fair Value to make better-informed decisions about whether to buy or hold the stock.
*This analysis is for informational purposes only and does not constitute investment advice. Always read the company's 10-K filings and do your own research before making any investment decisions.
Whether Lockheed Martin Corporation (LMT) is a good stock to buy depends on various factors, including its financial health, market conditions, and your investment strategy. Our analysis indicates that the stock may be overvalued compared to its intrinsic value. However, it is important to assess the SS Score and review the company's fundamentals before making any investment decisions.
The fair value of Lockheed Martin Corporation (LMT) is determined through our Discounted Cash Flow (DCF) analysis. This value represents the intrinsic worth of the stock based on its expected future cash flows. To view the specific fair value, consider subscribing to our service for complete access.
The SS Score is a proprietary financial quality metric that assesses factors such as revenue growth, net income, free cash flow growth, and debt levels. It helps investors evaluate the overall financial health of Lockheed Martin Corporation. To access the full SS Score, consider upgrading your subscription.
Lockheed Martin Corporation is a significant player in the industry sector, with a market capitalization of $ and a competitive P/E ratio of 27.8. Investors should compare these metrics with industry peers to gauge whether Lockheed Martin Corporation is outperforming or underperforming within its sector.
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The Pentagon said on Wednesday that Lockheed Martin was given a contract involving foreign military sales to Taiwan to meet what Washington calls "an urgent operational need" of the Taiwan Air Force.
IRVINE, Calif.--(BUSINESS WIRE)-- #TerranOrbital--Terran Orbital was selected by Lockheed Martin to provide satellite buses for SDA's Tranche 3 Tracking Layer supporting national security space.
KB Home (KBH) is downgraded by Raymond James, Lockheed Martin (MLT and Boeing (BA) get expanded Pentagon contracts, and Apple CEO Tim Cook buys $3M of Nike (NKE) shares. Diane King Hall has the latest...
A previously awarded contract to Lockheed Martin related to C-130J aircraft delivery, development and engineering worth $15 billion has been increased to $25 billion, the Pentagon said on Tuesday.
U.S. F-35 fighter jets were available to fly only about half the time in 2024 due to maintenance shortcomings by Lockheed Martin , Bloomberg News reported on Tuesday, citing a government watchdog.
Tory Bruno has resigned as United Launch Alliance's chief executive officer after leading the space venture for nearly 12 years, the firm said on Monday.
The award, with a potential value of over $1 billion, expands the Proliferated Warfighter Space Architecture with 18 new missile tracking satellites DENVER , Dec. 19, 2025 /PRNewswire/ -- The Space De...
Shares of Lockheed Martin (LMT) struggled in 2025, trading below the flat line for the year. Rick Ducat turns to his technical analysis and highlights key levels to watch that will signal further down...
ARLINGTON, Va.--(BUSINESS WIRE)--Rune Technologies, a pioneer in AI-enabled predictive logistics and decision support software for the military, today announced that it will be supporting Lockheed Mar...
Skunk Works® MDCX™ autonomy platform is revolutionizing C2 for multi-class drones PALMDALE, Calif. , Dec. 18, 2025 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) Skunk Works® and XTEND collaborated to in...
The Trump administration is planning an executive order that would limit dividends, buybacks and executive pay for defense contractors that are over-budget and delayed, according to three sources brie...
Coming into Tuesday trading, shares of the defense contractor were up for 10 straight trading sessions.
FORT WORTH, Texas , Dec. 16, 2025 /PRNewswire/ -- In a ceremony today at Lockheed Martin's (NYSE: LMT) F-35 production facility, esteemed government and military leaders from the United States and Fin...
F-16 platform strengthens national defense, deepens NATO and allied air integration GREENVILLE, S.C. , Dec. 15, 2025 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) has completed production of all F‑16 Bl...
In October, we (my wife and I) received a dividend income total of $3,948.78. Crushing it for an off-month – thanks to Vanguard (VOO) and Fidelity (FXAIX) for paying in October. We had quite a few div...
New solution from Lockheed Martin subsidiary offers world-class AI factory infrastructure and a turnkey platform from the cloud to the edge in support of federal and commercial customers Collaboration...
New 88,000-square foot facility represents a major investment in ability to produce revolutionary capability at scale and to meet the need for rapid delivery. COURTLAND, Ala.
FORT WORTH, Texas , Dec. 4, 2025 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) Skunk Works® successfully completed a live demonstration of artificial intelligence driven mission contingency management (...
Lockheed Martin Corporation (LMT) Presents at Goldman Sachs Industrials and Materials Conference 2025 Transcript
Lockheed Martin said on Wednesday it has opened a hypersonics system integration lab at its Huntsville campus as it pushes to develop next-generation weapons.
The U.S. State Department has approved the potential sale of sustainment for F-16 jets and related equipment to Bahrain for an estimated cost of $455 million, the Pentagon said on Monday.
Below estimates were sourced from SimplyWallSt and are intended for educational purposes only as a baseline for the analysis.
| Year | FCF Estimate | % | # Analysts |
|---|---|---|---|
| 2025 | 5.72B | 8.23% | Est @8.2% |
| 2026 | 6.16B | 7.61% | Analyst x10 |
| 2027 | 6.55B | 6.37% | Analyst x8 |
| 2028 | 7.16B | 9.37% | Analyst x2 |
| 2029 | 7.47B | 4.33% | Analyst x1 |
| 2030 | 7.68B | 2.78% | Est @2.8% |
| 2031 | 7.89B | 2.69% | Est @2.7% |
| 2032 | 8.09B | 2.61% | Est @2.6% |
| 2033 | 8.30B | 2.57% | Est @2.6% |
| 2034 | 8.50B | 2.36% | Est @2.4% |
Below are the FCF estimates with the discount factor and the calculated present value with the terminal value that led the results above.
| Year | FCF | Discount Factor | PV of Future FCF |
|---|---|---|---|
| 2023A | 6.23B | 1.00 | 6.23B |
| 2024A | 5.29B | 1.00 | 5.29B |
| 2025E | 5.72B | 1.08 | 5.32B |
| 2026E | 6.16B | 1.16 | 5.31B |
| 2027E | 6.55B | 1.25 | 5.25B |
| 2028E | 7.16B | 1.34 | 5.33B |
| 2029E | 7.47B | 1.45 | 5.17B |
| 2030E | 7.68B | 1.56 | 4.93B |
| 2031E | 7.89B | 1.68 | 4.70B |
| 2032E | 8.09B | 1.81 | 4.48B |
| 2033E | 8.30B | 1.94 | 4.27B |
| 2034E | 8.50B | 2.09 | 4.06B |
| Terminal | 168.74B | 2.09 | 80.65B |
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