Lockheed Martin vs RTX LMT vs RTX
Lockheed Martin and RTX on one sheet: valuation multiples, growth, margins, debt, dividends and returns, each section labelled with the period it covers, from the companies' filings. Add or remove a stock above the sheet; the link holds the set.
What differs most
- Return on equity: Lockheed Martin 64.7%, RTX 12.3%.
- Debt / equity: Lockheed Martin 2.0×, RTX 0.6×.
- Market value: RTX $266.49B, Lockheed Martin $146.73B.
- One-year price return: Lockheed Martin +30.9%, RTX +10.5%.
Price return
2025-10-26 → 2026-10-26
LMT+30.9%
RTX+10.5%
Profile
latestSector
Industrials
Industrials
Industry
Aerospace & Defense
Aerospace & Defense
Market value
$146.73B
$266.49B
Enterprise value
$161.27B
$296.20B
Employees
123,000
180,000
Revenue per employee (TTM)
$643K
$533K
Our models
nightlythe valuation on each stock's pagePrice vs model
16% undervalued vs model
46% overvalued vs model
Model range
$409–1672
$68.28–313
Models in the headline
1
1
FCF growth priced in, at a 10% return
12.6%
21.3%
Every model, its assumptions and its range: LMT valuation · RTX valuation. The growth priced in, at any return: LMT reverse DCF · RTX reverse DCF.
Trading
close 2026-10-26Last close
$635.20
$197.48
52-week high
$676.70
$225.49
52-week low
$439.19
$168.02
Price vs 52-week high
−6.1%
−12.4%
Price vs 52-week low
+44.6%
+17.5%
Average daily volume / shares
0.5%
0.3%
Beta
0.10
0.31
Returns
to 2026-10-261 month
+22.3%
+4.3%
3 months
+9.0%
−7.2%
6 months
+23.7%
+13.3%
Year to date
+31.3%
+7.7%
1 year
+30.9%
+10.5%
1 year, dividends added
+33.7%
+12.1%
2 years
+13.0%
+57.8%
Valuation
price × TTM to Sep 2026P/E (TTM)
22.6×
32.1×
P/E on consensus EPS (next FY)
20.8×
26.1×
Price / sales
1.9×
2.8×
EV / sales
2.0×
3.1×
EV / EBITDA
17.0×
17.6×
Price / book
14.6×
3.8×
Price / free cash flow (FY)
21.2×
33.6×
Free-cash-flow yield (FY)
4.7%
3.0%
Growth
TTM and FY2025Revenue growth (TTM)
—
—
Revenue growth, consensus next FY
+8.0%
+9.6%
Revenue, 3-year CAGR
4.4%
9.7%
Revenue, 5-year CAGR
2.8%
9.4%
EPS growth (TTM)
—
—
EPS growth, consensus next FY
+41.9%
+52.3%
EPS, 3-year CAGR
−0.3%
12.3%
Free cash flow, 3-year CAGR
4.1%
21.8%
Diluted shares, 3-year change
−12.4%
−8.7%
Profitability
TTM to Sep 2026Gross margin (FY)†
10.2%
20.1%
Operating margin
11.8%
11.8%
EBITDA margin
12.0%
17.5%
Net margin
8.2%
8.9%
Free-cash-flow margin (FY)
9.2%
9.0%
Return on equity
64.7%
12.3%
Return on assets
10.1%
4.8%
Asset turnover
1.23
0.54
† Gross margin (FY): As filed. Companies draw the cost-of-revenue line in different places, so gross margins of two companies in one industry can differ for that reason alone; operating margin does not depend on where the line is drawn.
Balance sheet
MRQ Sep 2026Cash
$5.96B
$9.17B
Total debt
$20.50B
$38.88B
Net debt
$14.54B
$29.71B
Debt / equity
2.0×
0.6×
Net debt / EBITDA (TTM)
1.5×
1.8×
Interest coverage (FY)
6.9×
5.1×
Current ratio (FY)
1.09
1.03
Dividends
trailing 12 monthsDividend yield
2.2%
1.4%
Dividends per share
$13.80
$2.82
Payout ratio (of TTM EPS)
49.0%
45.8%
Dividend per share, 5-year CAGR
5.8%
7.4%
Frequency
Quarterly
Quarterly
Ownership and activity
last 90 days · latest 13FTracked superinvestors holding (13F)
6
9
Insider open-market buys (Form 4)
$0
$0
Insider sales (Form 4)
$118K
$3.1M
Analyst upgrades
2
0
Analyst downgrades
0
0
Statements
income TTM to Sep 2026 · cash flow FY2025Revenue
$79.13B
$95.99B
EBITDA
$9.49B
$16.81B
Operating income
$9.32B
$11.30B
Net income
$6.51B
$8.53B
EPS (diluted)
$28.15
$6.16
Operating cash flow
$8.56B
$10.57B
Capital expenditure
−$1.65B
−$2.63B
Free cash flow
$6.91B
$7.94B
Dividends paid
$3.13B
$3.57B
Keep comparing
Lockheed Martin against
RTX against
Statements, prices, dividends and consensus estimates from Financial Modeling Prep; insider trades from Form 4 and holdings from 13F. Refreshed nightly. A comparison of filed numbers, not a recommendation to buy, sell or hold any security.