Lockheed Martin (LMT) fundamentals: P/E, valuation, undervalued?

Lockheed Martin · Industrials · ref. ETF XLI · price $565.89
Logo Lockheed MartinSee the full Lockheed Martin (LMT) profile
In short — Lockheed Martin trades at 20.9× earnings (P/E), 17.3× forward, with a net margin of 8.2 % and revenue growth of +11 %. Read: Cheap for the growth (P/E 17 for ~444% growth (PEG 0.0)).

Is Lockheed Martin stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.

📈 1-year price
$565.89+24.0% over range
Aug 28, 25low $439.19 · high $676.7Aug 27, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
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29% recommend buying · 7 analysts
Valuation : Cheap for the growth — P/E 17 for ~444% growth (PEG 0.0)

Valuation

20.9
P/E (price/earnings)
17.3
Forward P/E
0.05
PEG
14.8
Price/book (P/B)
$130.6B
Market cap
27.11
EPS

Profitability & growth

8.2 %
Net margin
+11 %
Revenue growth
+444 %
Earnings growth
$20.5B
Total debt

Lockheed Martin income statement

Fiscal yearRevenueNet incomeMargin
2022$66.0B$5.7B8.7 %
2023$67.6B$6.9B10.2 %
2024$71.0B$5.3B7.5 %
2025$75.0B$5.0B6.7 %
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.

Frequently asked questions

What is Lockheed Martin's P/E and is the stock undervalued? What's a good P/E?

Lockheed Martin's P/E is 20.9 (forward 17.3). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Cheap for the growth".

Is Lockheed Martin profitable?

Lockheed Martin has a net margin of 8.2 % (EPS 27.11). The company is profitable.

Is LMT stock expensive?

Our read: "Cheap for the growth" — P/E 17 for ~444% growth (PEG 0.0). Cross-check with growth and sector.

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