LMT · NYQ
S&P 500
Lockheed Martin Corporation
Industrials · Aerospace & Defense
$603.12
+$14.93 (+2.54%) today
Closing price on Nov 10, 2026 · Source: Yahoo Finance
Consensus of 24 analysts
Buy
Median price target $661.50 +9.7%
- Open
- $587.11
- Day range
- 587.11 – $605.81
- 52-week range
- 437.25 – $692.00
- Volume
- 908,980
- Market cap
- $139,324M
- P/E (TTM)
- 21.4x
- EPS (TTM)
- $28.16
- EPS est. 2026
- $30.62
- P/E est. 2026
- 19.7x
- Dividend yield
- 2.3%
- Beta
- 0.08
- Payout
- 49%
The analysis of this company is being prepared and will appear in the next update.
Lockheed Martin financials
Q3 2026 results, quarter ended Sep 30, 2026
| Metric | Q3 2026 | 1-year change |
|---|---|---|
| Total revenue | $20,711M | +11.3% |
| Net income | $1,845M | +14.0% |
| Earnings per share | $7.97 | +14.7% |
| Net margin | 8.9% | +0.2 pp |
| Free cash flow | $2,999M | −10.4% |
| Debt / equity | 2.04 | −43.3% |
Revenue and net income ($M)
Total revenueNet income
| Quarter | Total revenue | Net income |
|---|---|---|
| Q3 2025 | $18,609M | $1,619M |
| Q4 2025 | $20,321M | $1,344M |
| Q1 2026 | $18,021M | $1,488M |
| Q2 2026 | $20,063M | $1,836M |
| Q3 2026 | $20,711M | $1,845M |
Lockheed Martin earnings per share (EPS)
Consensus estimates
| Period | EPS est. | 1-year change |
|---|---|---|
| Current quarterQ4 2026 · Analysts: 19 | $8.2135.80 – 8.65 | +41.6%$5.800 |
| Next quarterQ1 2027 · Analysts: 10 | $7.2936.84 – 7.85 | +13.2%$6.440 |
| Current year2026 · Analysts: 22 | $30.62229.73 – 30.95 | +42.5%$21.490 |
| Next year2027 · Analysts: 22 | $33.29131.26 – 35.48 | +8.7%$30.622 |
Forward P/E: 19.7x (2026) and 18.1x (2027) at the current price.
Actual and estimated EPS ($)
Actual EPSEstimated EPS
| Quarter | Actual EPS | Estimated EPS |
|---|---|---|
| Q3 2025 | $6.950 | — |
| Q4 2025 | $5.800 | $5.746 |
| Q1 2026 | $6.440 | $6.693 |
| Q2 2026 | $7.940 | $7.192 |
| Q3 2026 | $7.970 | $7.518 |
| Q4 2026 | — | $8.213 |
| Q1 2027 | — | $7.293 |
| Year | Actual EPS | Estimated EPS |
|---|---|---|
| 2022 | $21.660 | — |
| 2023 | $27.550 | — |
| 2024 | $22.310 | — |
| 2025 | $21.490 | — |
| 2026 | — | $30.622 |
| 2027 | — | $33.291 |
EPS trend
| Quarter | EPS | YoY change |
|---|---|---|
| Q1 2027Estimated | $7.293 | +13.2% |
| Q4 2026Estimated | $8.213 | +41.6% |
| Q3 2026 | $7.970est. $7.518 · surprise +6.0% | +14.7% |
| Q2 2026 | $7.940est. $7.192 · surprise +10.4% | n/a |
| Q1 2026 | $6.440est. $6.693 · surprise −3.8% | n/a |
| Q4 2025 | $5.800est. $5.746 · surprise +0.9% | n/a |
| Q3 2025 | $6.950 | n/a |
| Year | EPS | Annual change |
|---|---|---|
| 2027Estimated | $33.291 | +8.7% |
| 2026Estimated | $30.622 | +42.5% |
| 2025 | $21.490 | −3.7% |
| 2024 | $22.310 | −19.0% |
| 2023 | $27.550 | +27.2% |
| 2022 | $21.660 | n/a |
Normalised EPS according to the analyst consensus collected by Yahoo Finance; it may differ from the reported EPS in the results table.
Lockheed Martin dividend
Yield and payments
| Dividend yield (TTM) | 2.3% |
| Forward yield (next 12m) | 2.4% |
| Dividend per share (TTM) | $13.80 |
| Forward dividend (next 12m) | $14.40 |
| Payout (TTM) | 49% |
| Last dividend | $3.45Sep 1, 2026 |
| Next ex-dividend date | Dec 1, 2026 |
Dividend per share by year ($)
PaidEstimated
| Year | Dividend per share |
|---|---|
| 2019 | $9.00 |
| 2020 | $9.80 |
| 2021 | $10.60 |
| 2022 | $11.40 |
| 2023 | $12.15 |
| 2024 | $12.75 |
| 2025 | $13.35 |
| est. 12m | $14.40 |
Lockheed Martin forecasts
24 analyst ratings
Consensus: Buy · 12 buy, 11 hold, 1 sell
1-year price forecast
Share price
Price target (high, median, low)
| Target | Price | Upside |
|---|---|---|
| High | $835.00 | +38.4% |
| Median | $661.50 | +9.7% |
| Low | $498.00 | −17.4% |
| Date | Close |
|---|---|
| Nov 28, 2025 | $457.86 |
| Dec 31, 2025 | $483.67 |
| Jan 30, 2026 | $634.22 |
| Feb 27, 2026 | $658.08 |
| Mar 31, 2026 | $604.39 |
| Apr 30, 2026 | $517.97 |
| May 29, 2026 | $530.45 |
| Jun 30, 2026 | $509.46 |
| Jul 31, 2026 | $582.74 |
| Aug 31, 2026 | $561.23 |
| Sep 30, 2026 | $509.25 |
| Oct 30, 2026 | $636.95 |
| Nov 10, 2026 | $603.12 |
Lockheed Martin peers
| Ticker | Company | Market cap ($M) | P/E | Price ($) | 1-day change | 52-week range |
|---|---|---|---|---|---|---|
| LMT | Lockheed Martin | 139,324 | 21.4x | 603.12 | +2.54% | 437.25692.00 |
| GE | GE Aerospace | 350,603 | 38.6x | 337.91 | +0.71% | 268.91388.84 |
| RTX | RTX | 270,252 | 32.6x | 200.27 | +2.02% | 166.74226.88 |
| BA | Boeing | 137,395 | 17.9x | 173.38 | +0.58% | 165.01254.35 |
| GD | General Dynamics | 99,291 | 21.6x | 367.44 | +1.48% | 306.77400.00 |
| HWM | Howmet Aerospace | 87,108 | 43.0x | 219.05 | +1.30% | 183.52310.00 |
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