Operating Profit Margin
since 2005
Calculation
Lockheed Martin Corp., operating profit margin, long-term trends, calculation
| Operating profit margin | = | 100 | × | Operating profit1 | ÷ | Net sales1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 12.59% | = | 100 | × | 8,507) | ÷ | 67,571) |
| Dec 31, 2022 | 12.65% | = | 100 | × | 8,348) | ÷ | 65,984) |
| Dec 31, 2021 | 13.61% | = | 100 | × | 9,123) | ÷ | 67,044) |
| Dec 31, 2020 | 13.22% | = | 100 | × | 8,644) | ÷ | 65,398) |
| Dec 31, 2019 | 14.29% | = | 100 | × | 8,545) | ÷ | 59,812) |
| Dec 31, 2018 | 13.64% | = | 100 | × | 7,334) | ÷ | 53,762) |
| Dec 31, 2017 | 11.60% | = | 100 | × | 5,921) | ÷ | 51,048) |
| Dec 31, 2016 | 11.74% | = | 100 | × | 5,549) | ÷ | 47,248) |
| Dec 31, 2015 | 11.78% | = | 100 | × | 5,436) | ÷ | 46,132) |
| Dec 31, 2014 | 12.26% | = | 100 | × | 5,592) | ÷ | 45,600) |
| Dec 31, 2013 | 9.93% | = | 100 | × | 4,505) | ÷ | 45,358) |
| Dec 31, 2012 | 9.40% | = | 100 | × | 4,434) | ÷ | 47,182) |
| Dec 31, 2011 | 8.56% | = | 100 | × | 3,980) | ÷ | 46,499) |
| Dec 31, 2010 | 8.94% | = | 100 | × | 4,097) | ÷ | 45,803) |
| Dec 31, 2009 | 9.88% | = | 100 | × | 4,466) | ÷ | 45,189) |
| Dec 31, 2008 | 12.01% | = | 100 | × | 5,131) | ÷ | 42,731) |
| Dec 31, 2007 | 10.81% | = | 100 | × | 4,527) | ÷ | 41,862) |
| Dec 31, 2006 | 9.98% | = | 100 | × | 3,953) | ÷ | 39,620) |
| Dec 31, 2005 | 8.02% | = | 100 | × | 2,986) | ÷ | 37,213) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
Lockheed Martin Corp., operating profit margin, long-term trends, comparison to competitors
| Lockheed Martin Corp. | Boeing Co. | Caterpillar Inc. | RTX Corp. | |
|---|---|---|---|---|
| Dec 31, 2023 | 12.59% | -0.99% | 20.30% | 5.17% |
| Dec 31, 2022 | 12.65% | -5.33% | 13.97% | 8.07% |
| Dec 31, 2021 | 13.61% | -4.66% | 14.27% | 7.70% |
| Dec 31, 2020 | 13.22% | -21.95% | 11.67% | -3.34% |
| Dec 31, 2019 | 14.29% | -2.58% | 16.33% | 11.64% |
| Dec 31, 2018 | 13.64% | 11.85% | 16.00% | 12.86% |
| Dec 31, 2017 | 11.60% | 11.01% | 10.32% | 14.49% |
| Dec 31, 2016 | 11.74% | 6.17% | 1.39% | 14.28% |
| Dec 31, 2015 | 11.78% | 7.74% | 7.38% | 13.00% |
| Dec 31, 2014 | 12.26% | 8.23% | 10.22% | 15.01% |
| Dec 31, 2013 | 9.93% | 7.58% | 10.68% | 14.70% |
| Dec 31, 2012 | 9.40% | 7.72% | 13.59% | 13.32% |
| Dec 31, 2011 | 8.56% | 8.50% | 12.46% | 13.92% |
| Dec 31, 2010 | 8.94% | 7.73% | 9.94% | 13.23% |
| Dec 31, 2009 | 9.88% | 3.07% | 1.95% | 12.33% |
| Dec 31, 2008 | 12.01% | 6.49% | 9.26% | 13.14% |
| Dec 31, 2007 | 10.81% | 8.78% | 11.73% | 13.08% |
| Dec 31, 2006 | 9.98% | 4.90% | 12.66% | 12.94% |
| Dec 31, 2005 | 8.02% | 5.13% | 11.13% | 12.26% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).