Lockheed Financial Statements From 2010 to 2022

LMT
 Stock
  

USD 419.04  8.42  2.05%   

Lockheed Martin financial statements provide useful quarterly and yearly information to potential Lockheed Martin Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Lockheed Martin financial statements helps investors assess Lockheed Martin's valuation, profitability, and current liquidity needs.
There are currently one hundred eight fundamental ratios for Lockheed Martin that can be evaluated and compared over time across peers in the industry. Make sure you check Lockheed Martin's last-minute fundamentals against the performance from 2010 to 2022 and make sure the trends continue to evolve in the right direction.
Lockheed Martin Average Assets are comparatively stable at the moment as compared to the past year. Lockheed Martin reported Average Assets of 51.56 Billion in 2021. Average Equity is likely to gain to about 9 B in 2022, whereas Earnings Before Interest Taxes and Depreciation Amortization EBITDA are likely to drop slightly above 9.2 B in 2022.
  
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Check Lockheed Martin financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lockheed main balance sheet or income statement drivers, such as Direct Expenses of 49.8 B, Consolidated Income of 5.8 B or Cost of Revenue of 56.6 B, as well as many exotic indicators such as Interest Coverage of 13.76, Long Term Debt to Equity of 1.09 or Calculated Tax Rate of 24.3. Lockheed financial statements analysis is a perfect complement when working with Lockheed Martin Valuation or Volatility modules. It can also supplement various Lockheed Martin Technical models. Additionally, see the analysis of Lockheed Martin Correlation against competitors.

Lockheed Martin Revenues

64.91 Billion

Share

Lockheed Martin Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets52.4 B50.9 B44.5 B
Increasing
Slightly volatile
Cash and Equivalents3.2 B3.6 B2.4 B
Decreasing
Very volatile
Property Plant and Equipment Net7.3 B7.6 B5.8 B
Increasing
Slightly volatile
Inventory3.5 BB3.3 B
Increasing
Slightly volatile
Tax Assets3.1 B2.3 B4.5 B
Decreasing
Slightly volatile
Trade and Non Trade ReceivablesBB4.6 B
Decreasing
Slightly volatile
Trade and Non Trade Payables800.5 M780 MB
Decreasing
Slightly volatile
Goodwill and Intangible Assets14.6 B13.5 B12.8 B
Increasing
Slightly volatile
Total Liabilities44.8 B39.9 B41.1 B
Increasing
Slightly volatile
Shareholders Equity11.8 B11 B3.6 B
Increasing
Slightly volatile
Accumulated Retained Earnings Deficit20.3 B21.6 B15.6 B
Increasing
Slightly volatile
Current Assets19.5 B19.8 B15.9 B
Increasing
Slightly volatile
Assets Non Current32.9 B31.1 B28.5 B
Increasing
Slightly volatile
Current Liabilities14.9 B14 B13 B
Increasing
Slightly volatile
Liabilities Non Current30 B25.9 B28.1 B
Increasing
Slightly volatile
Total Debt12.4 B11.7 B10.6 B
Increasing
Slightly volatile
Debt Current6.2 MM621.6 M
Increasing
Very volatile
Debt Non Current12.2 B11.7 B10.2 B
Increasing
Slightly volatile
Shareholders Equity USD11.8 B11 B3.6 B
Increasing
Slightly volatile
Cash and Equivalents USD3.2 B3.6 B2.4 B
Decreasing
Very volatile
Total Debt USD12.4 B11.7 B10.6 B
Increasing
Slightly volatile
Accounts Payable800.5 M780 M1.5 B
Decreasing
Slightly volatile
ReceivablesBB5.1 B
Decreasing
Slightly volatile
InventoriesBB3.4 B
Increasing
Stable

Lockheed Martin Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues64.9 B67 B51.9 B
Increasing
Slightly volatile
Cost of Revenue56.6 B58 B45.8 B
Increasing
Slightly volatile
Interest Expense597.6 M569 M509 M
Increasing
Slightly volatile
Income Tax Expense1.4 B1.2 B1.3 B
Increasing
Stable
Net Loss Income from Discontinued Operations53.4 M49.5 M(168.9 M)
Increasing
Very volatile
Consolidated Income5.8 B6.3 B4.3 B
Increasing
Slightly volatile
Net Income5.8 B6.3 B4.3 B
Increasing
Slightly volatile
Net Income Common Stock5.8 B6.3 B4.3 B
Increasing
Slightly volatile
Weighted Average Shares271.2 M275.8 M299 M
Decreasing
Slightly volatile
Weighted Average Shares Diluted325.6 M277.4 M311.4 M
Decreasing
Slightly volatile
Earning Before Interest and Taxes EBIT7.8 B8.1 B6.1 B
Increasing
Slightly volatile
Revenues USD64.9 B67 B51.9 B
Increasing
Slightly volatile
Net Income Common Stock USD5.8 B6.3 B4.3 B
Increasing
Slightly volatile
Earning Before Interest and Taxes USD7.8 B8.1 B6.1 B
Increasing
Slightly volatile
Gross Profit8.3 B9.1 BB
Increasing
Slightly volatile
Operating Income8.3 B9.1 BB
Increasing
Slightly volatile
Direct Expenses49.8 B58 B46.2 B
Increasing
Slightly volatile

Lockheed Martin Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow Investment Acquisitions and Disposals456.3 M459 M501.9 M
Decreasing
Slightly volatile
Net Cash Flow from Financing(7.8 B)(7.6 B)(3.5 B)
Decreasing
Slightly volatile
Issuance Repayment of Debt Securities (513.2 M)(500 M)1.3 B
Decreasing
Slightly volatile
Net Cash Flow from OperationsB9.2 B5.5 B
Increasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents479.1 M444 M241.8 M
Increasing
Very volatile
Share Based Compensation221.2 M227 M177.7 M
Increasing
Slightly volatile
Depreciation Amortization and Accretion1.4 B1.4 B1.1 B
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share20.4422.8514.4782
Increasing
Slightly volatile
Earnings per Diluted Share20.3222.7614.3474
Increasing
Slightly volatile
Earnings per Basic Share USD20.4422.8514.4782
Increasing
Slightly volatile
Dividends per Basic Common Share9.5610.66.8049
Increasing
Slightly volatile
Return on Average Equity0.780.7561.8855
Increasing
Stable
Return on Average Assets0.120.1220.0957
Increasing
Slightly volatile
Return on Invested Capital0.270.2530.2412
Increasing
Stable
Gross Margin0.140.1350.115
Increasing
Slightly volatile
Profit Margin0.09710.0940.0814
Increasing
Slightly volatile
EBITDA Margin0.150.1410.1402
Increasing
Slightly volatile
Return on Sales0.130.1210.118
Increasing
Slightly volatile
Asset Turnover1.361.31.182
Increasing
Stable
Payout Ratio0.540.4640.5074
Increasing
Very volatile
Enterprise Value over EBITDA11.9411.2810.1365
Increasing
Slightly volatile
Enterprise Value over EBIT13.8913.011.915
Increasing
Slightly volatile
Price to Earnings Ratio18.5415.55417.3461
Increasing
Stable
Sales per Share228243175
Increasing
Slightly volatile
Price to Sales Ratio1.561.4621.3177
Increasing
Slightly volatile
Price to Book Value9.188.94471.5778
Decreasing
Slightly volatile
Debt to Equity Ratio3.743.64286.9292
Decreasing
Slightly volatile
Dividend Yield0.02860.030.0311
Decreasing
Slightly volatile
Current Ratio1.451.4161.2292
Increasing
Slightly volatile
Free Cash Flow per Share22.9727.91714.6443
Increasing
Slightly volatile
Book Value per Share42.8739.73712.6762
Increasing
Slightly volatile
Tangible Assets Book Value per Share133135107
Increasing
Slightly volatile
Total Assets Per Share161188148
Increasing
Slightly volatile
Cash Flow Per Share36.7134.025819.2205
Increasing
Slightly volatile
Return on Investment51.3844.699848.3753
Decreasing
Very volatile
Operating Margin12.0413.607511.6163
Increasing
Slightly volatile
Calculated Tax Rate24.316.357626.8945
Decreasing
Slightly volatile
Receivables Turnover36.7134.023914.7983
Increasing
Slightly volatile
Inventory Turnover17.5717.769814.4514
Decreasing
Very volatile
PPandE Turnover10.229.05399.4935
Decreasing
Slightly volatile
Cash and Equivalents Turnover21.519.823825.9063
Increasing
Slightly volatile
Accounts Payable Turnover87.1580.775938.5549
Increasing
Slightly volatile
Accrued Expenses Turnover26.1721.382225.803
Decreasing
Slightly volatile
Interest Coverage13.7616.033412.7289
Increasing
Stable
Long Term Debt to Equity1.091.064916.0514
Decreasing
Slightly volatile
Quick Ratio0.560.39720.6043
Decreasing
Slightly volatile
Net Current Assets as percentage of Total Assets12.3411.43636.8289
Increasing
Slightly volatile
Revenue to Assets1.191.31791.1938
Increasing
Very volatile

Lockheed Martin Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax7.2 B7.5 B5.6 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA9.2 B9.5 B7.3 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD9.2 B9.5 B7.3 B
Increasing
Slightly volatile
Market Capitalization92.5 B98 B69 B
Increasing
Slightly volatile
Enterprise Value101.6 B107 B76.2 B
Increasing
Slightly volatile
Invested Capital32.3 B31.4 B26.9 B
Increasing
Slightly volatile
Average EquityB8.4 B3.5 B
Increasing
Slightly volatile
Average Assets52.7 B51.6 B44.2 B
Increasing
Slightly volatile
Invested Capital Average31.9 B32.1 B25.7 B
Increasing
Slightly volatile
Tangible Asset Value37.9 B37.4 B31.7 B
Increasing
Slightly volatile
Free Cash Flow6.5 B7.7 B4.3 B
Increasing
Slightly volatile
Working Capital4.7 B5.8 B2.9 B
Increasing
Slightly volatile
Revenue Per Employee502.4 K588.1 K461.5 K
Increasing
Slightly volatile
Net Income Per Employee44.9 K55.4 K37.9 K
Increasing
Slightly volatile

Lockheed Fundamental Market Drivers

Forward Price Earnings14.24
Short Percent Of Float1.36%
Average Daily Volume Last 10 Day1.47M
Shares Short Prior Month3.65M
Average Daily Volume In Three Month1.5M
Date Short Interest29th of April 2022
Fifty Day Average441.58
Two Hundred Day Average390.39

Lockheed Upcoming Events

Upcoming Quarterly Report25th of January 2022
Next Financial Report19th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End25th of January 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

About Lockheed Martin Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Lockheed Martin income statement, its balance sheet, and the statement of cash flows. Lockheed Martin investors use historical funamental indicators, such as Lockheed Martin's revenue or net income, to determine how well the company is positioned to perform in the future. Although Lockheed Martin investors may use each financial statement separately, they are all related. The changes in Lockheed Martin's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Lockheed Martin's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Lockheed Martin Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Lockheed Martin. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Cost of Revenue58 B56.6 B
Revenues67 B64.9 B
Revenue to Assets 1.32  1.19 
Revenue Per Employee588.1 K502.4 K
Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. Lockheed Martin Corporation was founded in 1912 and is headquartered in Bethesda, Maryland. Lockheed Martin operates under Aerospace Defense classification in the United States and is traded on New York Stock Exchange. It employs 114000 people.

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Additionally, see the analysis of Lockheed Martin Correlation against competitors. Note that the Lockheed Martin Corp information on this page should be used as a complementary analysis to other Lockheed Martin's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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Is Lockheed Martin's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lockheed Martin. If investors know Lockheed will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lockheed Martin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Lockheed Martin Corp is measured differently than its book value, which is the value of Lockheed that is recorded on the company's balance sheet. Investors also form their own opinion of Lockheed Martin's value that differs from its market value or its book value, called intrinsic value, which is Lockheed Martin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lockheed Martin's market value can be influenced by many factors that don't directly affect Lockheed Martin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lockheed Martin's value and its price as these two are different measures arrived at by different means. Investors typically determine Lockheed Martin value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lockheed Martin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.