Stock Analysis on Net
Stock Analysis on Net

Lockheed Martin Corp. (NYSE:LMT)

Total Asset Turnover
since 2005

Microsoft Excel

Calculation

Lockheed Martin Corp., total asset turnover, long-term trends, calculation

Microsoft Excel
Total asset turnover = Net sales1 ÷ Total assets1
Dec 31, 2023 1.29 = 67,571 ÷ 52,456
Dec 31, 2022 1.25 = 65,984 ÷ 52,880
Dec 31, 2021 1.32 = 67,044 ÷ 50,873
Dec 31, 2020 1.29 = 65,398 ÷ 50,710
Dec 31, 2019 1.26 = 59,812 ÷ 47,528
Dec 31, 2018 1.20 = 53,762 ÷ 44,876
Dec 31, 2017 1.10 = 51,048 ÷ 46,521
Dec 31, 2016 0.99 = 47,248 ÷ 47,806
Dec 31, 2015 0.94 = 46,132 ÷ 49,128
Dec 31, 2014 1.23 = 45,600 ÷ 37,073
Dec 31, 2013 1.25 = 45,358 ÷ 36,188
Dec 31, 2012 1.22 = 47,182 ÷ 38,657
Dec 31, 2011 1.23 = 46,499 ÷ 37,908
Dec 31, 2010 1.31 = 45,803 ÷ 35,067
Dec 31, 2009 1.29 = 45,189 ÷ 35,111
Dec 31, 2008 1.28 = 42,731 ÷ 33,439
Dec 31, 2007 1.45 = 41,862 ÷ 28,926
Dec 31, 2006 1.40 = 39,620 ÷ 28,231
Dec 31, 2005 1.34 = 37,213 ÷ 27,744

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., total asset turnover, long-term trends, comparison to competitors

Microsoft Excel
Lockheed Martin Corp. Boeing Co. Caterpillar Inc. Eaton Corp. plc GE Aerospace Honeywell International Inc. RTX Corp.
Dec 31, 2023 1.29 0.57 0.73 0.60 0.40 0.60 0.43
Dec 31, 2022 1.25 0.49 0.69 0.59 0.39 0.57 0.42
Dec 31, 2021 1.32 0.45 0.58 0.58 0.36 0.53 0.40
Dec 31, 2020 1.29 0.38 0.50 0.56 0.29 0.51 0.35
Dec 31, 2019 1.26 0.57 0.65 0.65 0.33 0.63 0.55
Dec 31, 2018 1.20 0.86 0.66 0.70 0.37 0.72 0.50
Dec 31, 2017 1.10 1.01 0.55 0.63 0.30 0.68 0.62
Dec 31, 2016 0.99 1.05 0.48 0.65 0.30 0.73 0.64
Dec 31, 2015 0.94 1.02 0.56 0.67 0.21 0.78 0.64
Dec 31, 2014 1.23 0.91 0.62 0.67 0.16 0.89 0.71
Dec 31, 2013 1.25 0.93 0.62 0.62 0.15 0.86 0.69
Dec 31, 2012 1.22 0.92 0.71 0.46 0.15 0.90 0.65
Dec 31, 2011 1.23 0.86 0.70 0.90 0.13 0.92 0.95
Dec 31, 2010 1.31 0.94 0.62 0.79 0.13 0.88 0.93
Dec 31, 2009 1.29 1.10 0.49 0.73 0.13 0.86 0.94
Dec 31, 2008 1.28 1.13 0.71 0.92 0.14 1.03 1.03
Dec 31, 2007 1.45 1.13 0.75 0.97 0.13 1.02 0.99
Dec 31, 2006 1.40 1.19 0.76 1.08 0.14 1.01 1.00
Dec 31, 2005 1.34 0.91 0.72 1.09 0.14 0.86 0.92

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., total asset turnover, long-term trends, comparison to sector (capital goods)

Microsoft Excel
Lockheed Martin Corp. Capital Goods
Dec 31, 2023 1.29 0.57
Dec 31, 2022 1.25 0.54
Dec 31, 2021 1.32 0.50
Dec 31, 2020 1.29 0.43
Dec 31, 2019 1.26 0.54
Dec 31, 2018 1.20 0.58
Dec 31, 2017 1.10 0.54
Dec 31, 2016 0.99 0.54
Dec 31, 2015 0.94 0.46
Dec 31, 2014 1.23 0.41
Dec 31, 2013 1.25 0.39
Dec 31, 2012 1.22 0.38
Dec 31, 2011 1.23 0.36
Dec 31, 2010 1.31 0.34
Dec 31, 2009 1.29 0.33
Dec 31, 2008 1.28 0.35
Dec 31, 2007 1.45 0.34
Dec 31, 2006 1.40 0.36
Dec 31, 2005 1.34 0.33

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., total asset turnover, long-term trends, comparison to industry (industrials)

Microsoft Excel
Lockheed Martin Corp. Industrials
Dec 31, 2023 1.29 0.67
Dec 31, 2022 1.25 0.66
Dec 31, 2021 1.32 0.60
Dec 31, 2020 1.29 0.52
Dec 31, 2019 1.26 0.61
Dec 31, 2018 1.20 0.66
Dec 31, 2017 1.10 0.61
Dec 31, 2016 0.99 0.60
Dec 31, 2015 0.94 0.53
Dec 31, 2014 1.23 0.48
Dec 31, 2013 1.25 0.46
Dec 31, 2012 1.22 0.44
Dec 31, 2011 1.23 0.43
Dec 31, 2010 1.31 0.40
Dec 31, 2009 1.29 0.38
Dec 31, 2008 1.28 0.42
Dec 31, 2007 1.45 0.40
Dec 31, 2006 1.40 0.42
Dec 31, 2005 1.34 0.39

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).