Lockheed Martin LMT
NYSE LMT
$525.16 -7.83 (-1.47%)
At close: Sep 4, 2026 · 4:00 PM EDT

Lockheed Martin (LMT) Price to Book (2009 - 2026)

Lockheed Martin (LMT) posted Price to Book of 13.36 for Q2 2026, down 29.56% on a QoQ basis from 18.96 in Q1 2026, and down 33.46% year-over-year from 20.07 in Q2 2025.

Analysis

Lockheed Martin (LMT) Price to Book (2009 - 2026) Analysis & Trends

Lockheed Martin has reported Price to Book for 18 years, with the latest figure at 13.36 in Q2 2026.

  • On a quarterly basis, Price to Book fell 33.46% year-over-year to 13.36 in Q2 2026; TTM through Jun 2026 was 13.36, a 33.46% decrease from a year earlier, with the FY2025 full-year figure at 16.56, down 8.33% from the prior year.
  • Price to Book was 13.36 for Q2 2026 at Lockheed Martin, down from 18.96 in the prior quarter.
  • The five-year high for Price to Book was 20.07 in Q2 2025, with the low at 9.05 in Q3 2022.
  • Average Price to Book over 5 years is 15.04, with a median of 15.75 recorded in 2023.
  • The sharpest annual moves came in 2022 and 2024: Price to Book slumped 40.0% in 2022, then surged 73.25% in 2024.
  • Over 5 years, Price to Book stood at 13.4 in 2022, then increased by 19.55% to 16.02 in 2023, then climbed by 12.72% to 18.06 in 2024, then slipped by 8.33% to 16.56 in 2025, then slipped by 19.34% to 13.36 in 2026.
  • The last three Price to Book figures came in at 13.36 (Q2 2026), 18.96 (Q1 2026), and 16.56 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Lockheed Martin 121.20 Bn 117.41 Bn 2.45 Bn
2 General Dynamics 97.24 Bn 92.90 Bn 6.76 Bn
3 Motorola Solutions 77.45 Bn 76.75 Bn 1.68 Bn
4 Northrop Grumman 73.15 Bn 70.84 Bn 3.72 Bn
5 L3Harris Technologies 47.76 Bn 47.20 Bn 1.50 Bn
6 Elbit Systems 32.66 Bn 31.70 Bn 579.01 Mn
7 Teledyne Technologies 28.32 Bn 27.98 Bn 738.10 Mn
8 Curtiss Wright 20.93 Bn 20.46 Bn 364.09 Mn
9 Leidos Holdings 16.70 Bn 16.01 Bn 817.00 Mn
10 Caci International 13.78 Bn 13.58 Bn 913.55 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 28, 2026 13.36
Mar 29, 2026 18.96
Dec 31, 2025 16.56
Sep 28, 2025 18.25
Jun 29, 2025 20.07
Mar 30, 2025 15.48
Dec 31, 2024 18.06
Sep 29, 2024 19.17
Jun 30, 2024 18.03
Mar 31, 2024 16.41
Dec 31, 2023 16.02
Sep 24, 2023 11.07
Jun 25, 2023 12.52
Mar 26, 2023 12.46
Dec 31, 2022 13.40
Sep 25, 2022 9.05
Jun 26, 2022 9.72
Mar 27, 2022 12.07
Dec 31, 2021 8.83
Sep 26, 2021 10.01