Is the price fair?
What LMT's price assumes
Lockheed Martin trades at 20.8× earnings against 41.8× for the median Aerospace & Defense name, cheaper than its own group.
20.8
Trailing P/E · Aerospace & Defense median 41.8 · cheaper than the typical name in its group
- Price / sales
- 1.88
Price / sales · as of 2026-Q1
- Free cash flow yield
- 7.4%
Free cash flow yield · Aerospace & Defense median 2.5%
- Growth the price implies
- +0.42%
Growth the price implies · The price pays for +0.42% free cash flow growth a year for a decade; the business has delivered +13% a year over the last three.
Details›
- Price / book2026-Q1
- 18.9
- EV / EBIT2026-Q1
- 21.6
- EV / sales2026-Q1
- 2.13
- Industrials median P/E346 names
- 29.9
- Aerospace & Defense median P/E50 names
- 41.8
- Free cash flow, trailing twelve months
- $8.73B
- Market capitalisation
- $117.8B
- 3-year revenue growth
- +4.5%
- 3-year free cash flow growth
- +13%
| Method | Per share |
|---|---|
| Its own P/E history, lower quartile | $386.27 |
| Its own P/E history, median | $460.18 |
| Its own P/E history, upper quartile | $560.34 |
| 52-week range | $414.45 – $672.30 |
| Today | $565.46 |
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
Aerospace & Defense
Ranks #9 of 48 by Smart Score