Stock Analysis on Net

Lockheed Martin Corp. (NYSE:LMT)

Analysis of Profitability Ratios
Quarterly Data

Microsoft Excel

Profitability Ratios (Summary)

Lockheed Martin Corp., profitability ratios (quarterly data)

Microsoft Excel
Mar 30, 2025 Dec 31, 2024 Sep 29, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 24, 2023 Jun 25, 2023 Mar 26, 2023 Dec 31, 2022 Sep 25, 2022 Jun 26, 2022 Mar 27, 2022 Dec 31, 2021 Sep 26, 2021 Jun 27, 2021 Mar 28, 2021 Dec 31, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020
Return on Sales
Gross profit margin 10.11% 9.75% 11.97% 11.91% 12.10% 12.55% 12.54% 12.70% 12.74% 12.56% 12.99% 13.39% 13.36% 13.52% 13.34% 13.00% 13.26% 13.23%
Operating profit margin 10.24% 9.87% 12.08% 11.98% 12.20% 12.59% 12.57% 12.80% 12.78% 12.65% 13.15% 13.47% 13.50% 13.61% 13.50% 13.19% 13.19% 13.22%
Net profit margin 7.66% 7.51% 9.36% 9.48% 9.73% 10.24% 10.29% 10.48% 8.60% 8.69% 9.07% 7.33% 9.45% 9.42% 9.13% 10.69% 10.53% 10.45%
Return on Investment
Return on equity (ROE) 82.34% 84.26% 92.71% 109.09% 101.89% 101.24% 75.11% 76.41% 58.97% 61.86% 49.05% 41.16% 62.10% 57.62% 62.90% 109.51% 110.16% 113.60%
Return on assets (ROA) 9.71% 9.59% 12.02% 12.23% 12.33% 13.19% 12.29% 12.39% 10.41% 10.84% 11.28% 9.09% 12.06% 12.41% 11.69% 13.71% 13.52% 13.47%

Based on: 10-Q (reporting date: 2025-03-30), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-29), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-24), 10-Q (reporting date: 2023-06-25), 10-Q (reporting date: 2023-03-26), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-25), 10-Q (reporting date: 2022-06-26), 10-Q (reporting date: 2022-03-27), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-26), 10-Q (reporting date: 2021-06-27), 10-Q (reporting date: 2021-03-28), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29).

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Lockheed Martin Corp. gross profit margin ratio deteriorated from Q3 2024 to Q4 2024 but then slightly improved from Q4 2024 to Q1 2025.
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Lockheed Martin Corp. operating profit margin ratio deteriorated from Q3 2024 to Q4 2024 but then slightly improved from Q4 2024 to Q1 2025.
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Lockheed Martin Corp. net profit margin ratio deteriorated from Q3 2024 to Q4 2024 but then slightly improved from Q4 2024 to Q1 2025.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Lockheed Martin Corp. ROE deteriorated from Q3 2024 to Q4 2024 and from Q4 2024 to Q1 2025.
ROA A profitability ratio calculated as net income divided by total assets. Lockheed Martin Corp. ROA deteriorated from Q3 2024 to Q4 2024 but then slightly improved from Q4 2024 to Q1 2025.

Gross Profit Margin

Lockheed Martin Corp., gross profit margin calculation (quarterly data)

Microsoft Excel
Mar 30, 2025 Dec 31, 2024 Sep 29, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 24, 2023 Jun 25, 2023 Mar 26, 2023 Dec 31, 2022 Sep 25, 2022 Jun 26, 2022 Mar 27, 2022 Dec 31, 2021 Sep 26, 2021 Jun 27, 2021 Mar 28, 2021 Dec 31, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020
Selected Financial Data (US$ in millions)
Gross profit 2,323 690 2,117 2,130 1,993 2,295 2,048 2,090 2,046 2,302 2,120 1,956 1,909 2,422 2,302 2,151 2,186 2,214 2,136 2,213 2,091
Sales 17,963 18,622 17,104 18,122 17,195 18,874 16,878 16,693 15,126 18,991 16,583 15,446 14,964 17,729 16,028 17,029 16,258 17,032 16,495 16,220 15,651
Profitability Ratio
Gross profit margin1 10.11% 9.75% 11.97% 11.91% 12.10% 12.55% 12.54% 12.70% 12.74% 12.56% 12.99% 13.39% 13.36% 13.52% 13.34% 13.00% 13.26% 13.23%
Benchmarks
Gross Profit Margin, Competitors2
Boeing Co. -2.99% 3.13% 9.47% 10.04% 9.93% 9.09% 6.65% 7.20% 5.26% -1.41% 2.74% 3.20% 4.84% -0.25% -1.35% -7.82% -9.78%
Caterpillar Inc. 34.49% 34.33% 34.29% 33.59% 33.04% 31.71% 30.44% 28.74% 26.91% 26.14% 25.52% 25.71% 26.30% 27.08% 26.83% 25.98% 25.47%
Eaton Corp. plc 38.20% 37.83% 37.53% 37.06% 36.36% 35.54% 34.51% 33.64% 33.19% 32.83% 32.55% 32.36% 32.28% 32.14% 32.23% 30.80% 30.52%
GE Aerospace 31.87% 30.79% 27.00% 24.74% 22.97% 21.95% 23.26% 23.29% 24.24% 24.55% 24.52% 25.22% 24.26% 24.19% 24.97% 22.43% 18.80% 17.26%
Honeywell International Inc. 38.09% 37.60% 37.56% 37.46% 37.28% 38.03% 37.79% 37.36% 36.99% 35.56% 34.22% 32.95% 31.98% 32.34% 32.06% 31.52% 32.07%
RTX Corp. 19.53% 19.09% 19.21% 16.38% 17.01% 17.54% 17.36% 20.43% 20.53% 20.38% 20.49% 20.17% 19.94% 19.40% 17.59% 15.79% 13.98% 15.08%

Based on: 10-Q (reporting date: 2025-03-30), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-29), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-24), 10-Q (reporting date: 2023-06-25), 10-Q (reporting date: 2023-03-26), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-25), 10-Q (reporting date: 2022-06-26), 10-Q (reporting date: 2022-03-27), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-26), 10-Q (reporting date: 2021-06-27), 10-Q (reporting date: 2021-03-28), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29).

1 Q1 2025 Calculation
Gross profit margin = 100 × (Gross profitQ1 2025 + Gross profitQ4 2024 + Gross profitQ3 2024 + Gross profitQ2 2024) ÷ (SalesQ1 2025 + SalesQ4 2024 + SalesQ3 2024 + SalesQ2 2024)
= 100 × (2,323 + 690 + 2,117 + 2,130) ÷ (17,963 + 18,622 + 17,104 + 18,122) = 10.11%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Lockheed Martin Corp. gross profit margin ratio deteriorated from Q3 2024 to Q4 2024 but then slightly improved from Q4 2024 to Q1 2025.

Operating Profit Margin

Lockheed Martin Corp., operating profit margin calculation (quarterly data)

Microsoft Excel
Mar 30, 2025 Dec 31, 2024 Sep 29, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 24, 2023 Jun 25, 2023 Mar 26, 2023 Dec 31, 2022 Sep 25, 2022 Jun 26, 2022 Mar 27, 2022 Dec 31, 2021 Sep 26, 2021 Jun 27, 2021 Mar 28, 2021 Dec 31, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020
Selected Financial Data (US$ in millions)
Operating profit 2,372 696 2,140 2,148 2,029 2,293 2,042 2,135 2,037 2,293 2,159 1,963 1,933 2,455 2,294 2,192 2,182 2,289 2,147 2,086 2,122
Sales 17,963 18,622 17,104 18,122 17,195 18,874 16,878 16,693 15,126 18,991 16,583 15,446 14,964 17,729 16,028 17,029 16,258 17,032 16,495 16,220 15,651
Profitability Ratio
Operating profit margin1 10.24% 9.87% 12.08% 11.98% 12.20% 12.59% 12.57% 12.80% 12.78% 12.65% 13.15% 13.47% 13.50% 13.61% 13.50% 13.19% 13.19% 13.22%
Benchmarks
Operating Profit Margin, Competitors2
Boeing Co. -16.10% -9.08% -2.31% -0.93% -0.99% -1.86% -4.62% -3.58% -5.33% -11.99% -6.98% -6.53% -4.66% -10.80% -12.18% -20.36% -21.95%
Caterpillar Inc. 21.30% 21.33% 21.55% 21.58% 20.30% 18.13% 16.97% 14.94% 13.97% 14.56% 13.81% 13.87% 14.27% 14.56% 13.82% 12.32% 11.67%
Eaton Corp. plc 18.62% 18.23% 17.96% 17.28% 16.75% 16.28% 15.48% 14.85% 14.55% 13.90% 16.33% 15.97% 15.69% 15.50% 12.54% 10.81% 11.45%
GE Aerospace 25.46% 23.29% 16.88% 13.80% 10.44% 8.49% 8.08% 6.92% 7.40% 6.05% 7.05% 8.12% 7.31% 8.58% 7.86% 6.82% 4.72% 5.49%
Honeywell International Inc. 19.33% 19.23% 19.68% 19.65% 19.32% 20.09% 19.73% 19.05% 18.12% 17.55% 17.31% 17.37% 18.03% 18.36% 17.95% 16.90% 17.45%
RTX Corp. 8.20% 8.10% 7.94% 3.94% 5.32% 5.17% 4.79% 8.63% 8.73% 8.07% 7.93% 7.81% 7.75% 7.70% 5.93% 4.61% -3.59% -3.34%

Based on: 10-Q (reporting date: 2025-03-30), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-29), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-24), 10-Q (reporting date: 2023-06-25), 10-Q (reporting date: 2023-03-26), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-25), 10-Q (reporting date: 2022-06-26), 10-Q (reporting date: 2022-03-27), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-26), 10-Q (reporting date: 2021-06-27), 10-Q (reporting date: 2021-03-28), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29).

1 Q1 2025 Calculation
Operating profit margin = 100 × (Operating profitQ1 2025 + Operating profitQ4 2024 + Operating profitQ3 2024 + Operating profitQ2 2024) ÷ (SalesQ1 2025 + SalesQ4 2024 + SalesQ3 2024 + SalesQ2 2024)
= 100 × (2,372 + 696 + 2,140 + 2,148) ÷ (17,963 + 18,622 + 17,104 + 18,122) = 10.24%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Lockheed Martin Corp. operating profit margin ratio deteriorated from Q3 2024 to Q4 2024 but then slightly improved from Q4 2024 to Q1 2025.

Net Profit Margin

Lockheed Martin Corp., net profit margin calculation (quarterly data)

Microsoft Excel
Mar 30, 2025 Dec 31, 2024 Sep 29, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 24, 2023 Jun 25, 2023 Mar 26, 2023 Dec 31, 2022 Sep 25, 2022 Jun 26, 2022 Mar 27, 2022 Dec 31, 2021 Sep 26, 2021 Jun 27, 2021 Mar 28, 2021 Dec 31, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020
Selected Financial Data (US$ in millions)
Net earnings 1,712 527 1,623 1,641 1,545 1,866 1,684 1,681 1,689 1,912 1,778 309 1,733 2,049 614 1,815 1,837 1,792 1,698 1,626 1,717
Sales 17,963 18,622 17,104 18,122 17,195 18,874 16,878 16,693 15,126 18,991 16,583 15,446 14,964 17,729 16,028 17,029 16,258 17,032 16,495 16,220 15,651
Profitability Ratio
Net profit margin1 7.66% 7.51% 9.36% 9.48% 9.73% 10.24% 10.29% 10.48% 8.60% 8.69% 9.07% 7.33% 9.45% 9.42% 9.13% 10.69% 10.53% 10.45%
Benchmarks
Net Profit Margin, Competitors2
Boeing Co. -17.77% -10.88% -4.68% -2.81% -2.86% -3.74% -6.08% -5.86% -7.41% -13.75% -8.69% -8.00% -6.75% -13.50% -14.30% -20.87% -20.42%
Caterpillar Inc. 17.59% 17.15% 17.46% 17.65% 16.18% 14.35% 13.53% 12.10% 11.85% 13.70% 13.19% 13.02% 13.47% 11.28% 10.17% 8.53% 7.68%
Eaton Corp. plc 15.25% 15.31% 15.12% 14.38% 13.87% 13.24% 12.30% 12.00% 11.86% 11.36% 11.70% 11.21% 10.92% 10.60% 9.86% 8.05% 7.90%
GE Aerospace 19.41% 18.67% 14.28% 9.25% 5.96% 14.68% 15.08% 13.91% 12.35% 0.31% -8.10% -6.18% -6.70% -9.17% -0.06% -3.39% -4.68% 7.81%
Honeywell International Inc. 14.82% 15.01% 15.49% 15.52% 15.43% 14.87% 15.08% 14.54% 14.00% 15.38% 14.74% 15.30% 16.11% 15.80% 14.65% 14.17% 14.64%
RTX Corp. 5.63% 5.91% 5.97% 3.12% 4.90% 4.64% 4.76% 7.88% 8.08% 7.75% 6.76% 6.84% 6.47% 6.00% 5.20% 3.51% -4.44% -6.22%

Based on: 10-Q (reporting date: 2025-03-30), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-29), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-24), 10-Q (reporting date: 2023-06-25), 10-Q (reporting date: 2023-03-26), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-25), 10-Q (reporting date: 2022-06-26), 10-Q (reporting date: 2022-03-27), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-26), 10-Q (reporting date: 2021-06-27), 10-Q (reporting date: 2021-03-28), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29).

1 Q1 2025 Calculation
Net profit margin = 100 × (Net earningsQ1 2025 + Net earningsQ4 2024 + Net earningsQ3 2024 + Net earningsQ2 2024) ÷ (SalesQ1 2025 + SalesQ4 2024 + SalesQ3 2024 + SalesQ2 2024)
= 100 × (1,712 + 527 + 1,623 + 1,641) ÷ (17,963 + 18,622 + 17,104 + 18,122) = 7.66%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Lockheed Martin Corp. net profit margin ratio deteriorated from Q3 2024 to Q4 2024 but then slightly improved from Q4 2024 to Q1 2025.

Return on Equity (ROE)

Lockheed Martin Corp., ROE calculation (quarterly data)

Microsoft Excel
Mar 30, 2025 Dec 31, 2024 Sep 29, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 24, 2023 Jun 25, 2023 Mar 26, 2023 Dec 31, 2022 Sep 25, 2022 Jun 26, 2022 Mar 27, 2022 Dec 31, 2021 Sep 26, 2021 Jun 27, 2021 Mar 28, 2021 Dec 31, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020
Selected Financial Data (US$ in millions)
Net earnings 1,712 527 1,623 1,641 1,545 1,866 1,684 1,681 1,689 1,912 1,778 309 1,733 2,049 614 1,815 1,837 1,792 1,698 1,626 1,717
Stockholders’ equity 6,683 6,333 7,200 6,175 6,650 6,835 9,274 9,240 9,646 9,266 11,966 11,432 10,002 10,959 9,631 6,522 6,312 6,015 4,953 3,751 3,446
Profitability Ratio
ROE1 82.34% 84.26% 92.71% 109.09% 101.89% 101.24% 75.11% 76.41% 58.97% 61.86% 49.05% 41.16% 62.10% 57.62% 62.90% 109.51% 110.16% 113.60%
Benchmarks
ROE, Competitors2
Boeing Co.
Caterpillar Inc. 55.37% 55.04% 64.26% 63.77% 53.02% 44.48% 45.85% 39.18% 42.25% 47.28% 42.96% 38.07% 39.37% 30.90% 26.09% 20.73% 19.56%
Eaton Corp. plc 20.52% 19.71% 18.99% 17.63% 16.90% 16.29% 15.10% 14.72% 14.45% 14.26% 14.12% 13.35% 13.06% 12.95% 12.23% 9.54% 9.44%
GE Aerospace 36.34% 33.90% 33.11% 25.51% 11.77% 34.63% 35.27% 30.77% 27.72% 0.62% -18.56% -12.75% -12.20% -16.17% -0.11% -7.29% -9.82% 16.04%
Honeywell International Inc. 30.64% 32.65% 34.13% 34.81% 35.68% 31.42% 31.52% 30.89% 29.74% 30.36% 28.96% 28.58% 29.85% 30.67% 27.73% 25.71% 27.23%
RTX Corp. 7.48% 7.94% 7.72% 3.83% 5.75% 5.34% 4.59% 7.67% 7.61% 7.16% 6.36% 6.34% 5.79% 5.29% 4.65% 3.07% -3.74% -4.88%

Based on: 10-Q (reporting date: 2025-03-30), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-29), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-24), 10-Q (reporting date: 2023-06-25), 10-Q (reporting date: 2023-03-26), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-25), 10-Q (reporting date: 2022-06-26), 10-Q (reporting date: 2022-03-27), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-26), 10-Q (reporting date: 2021-06-27), 10-Q (reporting date: 2021-03-28), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29).

1 Q1 2025 Calculation
ROE = 100 × (Net earningsQ1 2025 + Net earningsQ4 2024 + Net earningsQ3 2024 + Net earningsQ2 2024) ÷ Stockholders’ equity
= 100 × (1,712 + 527 + 1,623 + 1,641) ÷ 6,683 = 82.34%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Lockheed Martin Corp. ROE deteriorated from Q3 2024 to Q4 2024 and from Q4 2024 to Q1 2025.

Return on Assets (ROA)

Lockheed Martin Corp., ROA calculation (quarterly data)

Microsoft Excel
Mar 30, 2025 Dec 31, 2024 Sep 29, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 24, 2023 Jun 25, 2023 Mar 26, 2023 Dec 31, 2022 Sep 25, 2022 Jun 26, 2022 Mar 27, 2022 Dec 31, 2021 Sep 26, 2021 Jun 27, 2021 Mar 28, 2021 Dec 31, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020
Selected Financial Data (US$ in millions)
Net earnings 1,712 527 1,623 1,641 1,545 1,866 1,684 1,681 1,689 1,912 1,778 309 1,733 2,049 614 1,815 1,837 1,792 1,698 1,626 1,717
Total assets 56,669 55,617 55,520 55,076 54,963 52,456 56,666 56,978 54,622 52,880 52,030 51,758 51,510 50,873 51,843 52,099 51,437 50,710 50,773 49,603 49,248
Profitability Ratio
ROA1 9.71% 9.59% 12.02% 12.23% 12.33% 13.19% 12.29% 12.39% 10.41% 10.84% 11.28% 9.09% 12.06% 12.41% 11.69% 13.71% 13.52% 13.47%
Benchmarks
ROA, Competitors2
Boeing Co. -7.56% -5.79% -2.41% -1.60% -1.62% -2.11% -3.32% -3.03% -3.60% -6.14% -3.90% -3.60% -3.03% -5.77% -5.92% -7.85% -7.80%
Caterpillar Inc. 12.30% 12.38% 13.21% 13.43% 11.81% 10.50% 9.79% 8.50% 8.18% 9.11% 8.33% 7.90% 7.84% 6.37% 5.37% 4.26% 3.83%
Eaton Corp. plc 9.89% 9.60% 9.27% 8.83% 8.37% 8.03% 7.37% 7.23% 7.03% 6.67% 6.58% 6.30% 6.30% 6.06% 5.12% 4.20% 4.43%
GE Aerospace 5.64% 5.32% 4.93% 3.85% 2.14% 5.81% 6.45% 5.89% 5.33% 0.12% -3.23% -2.38% -2.48% -3.28% -0.02% -1.03% -1.34% 2.25%
Honeywell International Inc. 7.59% 7.73% 8.34% 8.72% 9.20% 8.83% 8.75% 8.73% 7.97% 8.92% 8.16% 8.29% 8.60% 8.53% 7.78% 7.28% 7.40%
RTX Corp. 2.79% 2.93% 2.86% 1.40% 2.17% 1.97% 1.96% 3.43% 3.43% 3.27% 2.82% 2.81% 2.63% 2.39% 2.09% 1.37% -1.67% -2.17%

Based on: 10-Q (reporting date: 2025-03-30), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-29), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-24), 10-Q (reporting date: 2023-06-25), 10-Q (reporting date: 2023-03-26), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-25), 10-Q (reporting date: 2022-06-26), 10-Q (reporting date: 2022-03-27), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-26), 10-Q (reporting date: 2021-06-27), 10-Q (reporting date: 2021-03-28), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29).

1 Q1 2025 Calculation
ROA = 100 × (Net earningsQ1 2025 + Net earningsQ4 2024 + Net earningsQ3 2024 + Net earningsQ2 2024) ÷ Total assets
= 100 × (1,712 + 527 + 1,623 + 1,641) ÷ 56,669 = 9.71%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROA A profitability ratio calculated as net income divided by total assets. Lockheed Martin Corp. ROA deteriorated from Q3 2024 to Q4 2024 but then slightly improved from Q4 2024 to Q1 2025.