Price to Earnings (P/E)
since 2005
Calculation
Lockheed Martin Corp., P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net earnings1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jan 23, 2024 | 15.35 | = | 439.67 | ÷ | 28.64 | 28.64 | = | 6,920 | ÷ | 241,643,304 | |
| Jan 26, 2023 | 20.48 | = | 459.81 | ÷ | 22.45 | 22.45 | = | 5,732 | ÷ | 255,297,298 | |
| Jan 25, 2022 | 16.70 | = | 387.17 | ÷ | 23.19 | 23.19 | = | 6,315 | ÷ | 272,326,925 | |
| Jan 28, 2021 | 13.44 | = | 327.93 | ÷ | 24.39 | 24.39 | = | 6,833 | ÷ | 280,103,431 | |
| Feb 7, 2020 | 19.87 | = | 439.17 | ÷ | 22.10 | 22.10 | = | 6,230 | ÷ | 281,937,366 | |
| Feb 8, 2019 | 16.88 | = | 301.50 | ÷ | 17.86 | 17.86 | = | 5,046 | ÷ | 282,562,534 | |
| Feb 6, 2018 | 48.70 | = | 341.42 | ÷ | 7.01 | 7.01 | = | 2,002 | ÷ | 285,570,742 | |
| Feb 9, 2017 | 14.14 | = | 258.20 | ÷ | 18.26 | 18.26 | = | 5,302 | ÷ | 290,315,668 | |
| Feb 24, 2016 | 18.36 | = | 216.63 | ÷ | 11.80 | 11.80 | = | 3,605 | ÷ | 305,487,347 | |
| Feb 9, 2015 | 16.86 | = | 193.02 | ÷ | 11.45 | 11.45 | = | 3,614 | ÷ | 315,583,849 | |
| Feb 14, 2014 | 17.56 | = | 162.89 | ÷ | 9.27 | 9.27 | = | 2,981 | ÷ | 321,430,271 | |
| Feb 28, 2013 | 10.34 | = | 88.00 | ÷ | 8.51 | 8.51 | = | 2,745 | ÷ | 322,583,334 | |
| Feb 23, 2012 | 10.81 | = | 88.29 | ÷ | 8.17 | 8.17 | = | 2,655 | ÷ | 325,105,500 | |
| Feb 25, 2011 | 9.58 | = | 80.11 | ÷ | 8.36 | 8.36 | = | 2,926 | ÷ | 349,855,179 | |
| Feb 25, 2010 | 9.56 | = | 76.99 | ÷ | 8.05 | 8.05 | = | 3,024 | ÷ | 375,428,680 | |
| Feb 26, 2009 | 8.47 | = | 68.93 | ÷ | 8.14 | 8.14 | = | 3,217 | ÷ | 395,271,609 | |
| Feb 28, 2008 | 14.15 | = | 105.16 | ÷ | 7.43 | 7.43 | = | 3,033 | ÷ | 408,122,756 | |
| Feb 26, 2007 | 16.95 | = | 101.47 | ÷ | 5.99 | 5.99 | = | 2,529 | ÷ | 422,481,655 | |
| Feb 28, 2006 | 17.45 | = | 72.87 | ÷ | 4.18 | 4.18 | = | 1,825 | ÷ | 436,911,542 |
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$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Lockheed Martin Corp. Annual Report.
Comparison to Competitors
Lockheed Martin Corp., P/E, long-term trends, comparison to competitors
| Lockheed Martin Corp. | Boeing Co. | Caterpillar Inc. | Eaton Corp. plc | GE Aerospace | Honeywell International Inc. | RTX Corp. | |
|---|---|---|---|---|---|---|---|
| Jan 23, 2024 | 15.35 | — | 15.55 | 35.88 | 16.18 | 22.73 | 38.31 |
| Jan 26, 2023 | 20.48 | — | 19.15 | 27.93 | — | 26.97 | 27.59 |
| Jan 25, 2022 | 16.70 | — | 16.82 | 27.77 | — | 23.14 | 36.79 |
| Jan 28, 2021 | 13.44 | — | 36.80 | 37.46 | 19.67 | 29.63 | — |
| Feb 7, 2020 | 19.87 | — | 12.36 | 18.06 | — | 20.97 | 24.41 |
| Feb 8, 2019 | 16.88 | 21.87 | 12.42 | 15.92 | — | 16.02 | 19.74 |
| Feb 6, 2018 | 48.70 | 24.68 | 126.80 | 11.90 | — | 67.20 | 21.97 |
| Feb 9, 2017 | 14.14 | 20.50 | — | 16.96 | 32.22 | 19.29 | 17.55 |
| Feb 24, 2016 | 18.36 | 14.89 | 18.07 | 13.17 | — | 16.70 | 9.31 |
| Feb 9, 2015 | 16.86 | 19.15 | 14.01 | 18.73 | 17.17 | 19.27 | 17.52 |
| Feb 14, 2014 | 17.56 | 21.10 | 16.25 | 19.35 | 19.59 | 18.91 | 17.51 |
| Feb 28, 2013 | 10.34 | 14.71 | 11.02 | 23.99 | 17.57 | 18.78 | 16.07 |
| Feb 23, 2012 | 10.81 | 14.09 | 15.11 | 12.83 | 15.52 | 22.54 | 15.29 |
| Feb 25, 2011 | 9.58 | 16.17 | 24.14 | 19.59 | 19.49 | 22.48 | 17.84 |
| Feb 25, 2010 | 9.56 | 33.40 | 40.66 | 29.60 | 16.09 | 13.44 | 16.33 |
| Feb 26, 2009 | 8.47 | 11.63 | 4.51 | 5.65 | 6.62 | 8.71 | 9.57 |
| Feb 28, 2008 | 14.15 | 15.99 | 12.54 | 11.89 | 15.45 | 17.07 | 16.61 |
| Feb 26, 2007 | 16.95 | 32.40 | 12.28 | 12.47 | 17.11 | 18.37 | 18.16 |
| Feb 28, 2006 | 17.45 | 22.62 | 17.17 | 12.82 | 21.07 | 20.71 | 18.76 |
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).
Comparison to Sector (Capital Goods)
Lockheed Martin Corp., P/E, long-term trends, comparison to sector (capital goods)
| Lockheed Martin Corp. | Capital Goods | |
|---|---|---|
| Jan 23, 2024 | 15.35 | 25.10 |
| Jan 26, 2023 | 20.48 | 40.21 |
| Jan 25, 2022 | 16.70 | 57.31 |
| Jan 28, 2021 | 13.44 | 123.55 |
| Feb 7, 2020 | 19.87 | 39.03 |
| Feb 8, 2019 | 16.88 | 56.00 |
| Feb 6, 2018 | 48.70 | 55.16 |
| Feb 9, 2017 | 14.14 | 23.62 |
| Feb 24, 2016 | 18.36 | 33.10 |
| Feb 9, 2015 | 16.86 | 17.47 |
| Feb 14, 2014 | 17.56 | 18.85 |
| Feb 28, 2013 | 10.34 | 15.74 |
| Feb 23, 2012 | 10.81 | 15.20 |
| Feb 25, 2011 | 9.58 | 18.46 |
| Feb 25, 2010 | 9.56 | 17.22 |
| Feb 26, 2009 | 8.47 | 7.48 |
| Feb 28, 2008 | 14.15 | 15.28 |
| Feb 26, 2007 | 16.95 | 17.63 |
| Feb 28, 2006 | 17.45 | 20.11 |
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).
Comparison to Industry (Industrials)
Lockheed Martin Corp., P/E, long-term trends, comparison to industry (industrials)
| Lockheed Martin Corp. | Industrials | |
|---|---|---|
| Jan 23, 2024 | 15.35 | 25.76 |
| Jan 26, 2023 | 20.48 | 36.38 |
| Jan 25, 2022 | 16.70 | 33.32 |
| Jan 28, 2021 | 13.44 | 161.96 |
| Feb 7, 2020 | 19.87 | 49.05 |
| Feb 8, 2019 | 16.88 | 35.40 |
| Feb 6, 2018 | 48.70 | 31.20 |
| Feb 9, 2017 | 14.14 | 23.64 |
| Feb 24, 2016 | 18.36 | 27.90 |
| Feb 9, 2015 | 16.86 | 18.70 |
| Feb 14, 2014 | 17.56 | 19.00 |
| Feb 28, 2013 | 10.34 | 17.25 |
| Feb 23, 2012 | 10.81 | 15.90 |
| Feb 25, 2011 | 9.58 | 18.62 |
| Feb 25, 2010 | 9.56 | 18.59 |
| Feb 26, 2009 | 8.47 | 8.47 |
| Feb 28, 2008 | 14.15 | 17.00 |
| Feb 26, 2007 | 16.95 | 17.68 |
| Feb 28, 2006 | 17.45 | 20.29 |
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).