Lockheed Martin (LMT) Price to Book (2009 - 2026)
Lockheed Martin's Price to Book came in at 11.93 for Q3 2026, down 34.6% from 18.25 a year earlier and down 10.7% from the prior quarter.
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Analysis
Lockheed Martin (LMT) Price to Book (2009 - 2026) Analysis & Trends
For FY2025, Lockheed Martin's Price to Book was 16.56, down 8.3% from FY2024.
- Going back by year, Price to Book was 18.06 in FY2024 (+12.7%), 16.02 in FY2023 (+19.5%), 13.40 in FY2022 (+51.8%) and 8.83 in FY2021 (-46.4%).
- The Q3 2026 figure represents the lowest quarterly Price to Book since Q3 2023.
- Year-over-year, Price to Book increased in three of the last eight quarters, with an average decline of 5.1%.
- The fastest year-over-year change in Price to Book over five years came in Q3 2024 (growth of 73.3%), and the weakest in Q4 2021 (a decline of 46.4%).
- Business Quant data shows LMT's Price to Book at 13.36 (Q2 2026), 18.96 (Q1 2026) and 16.56 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Space Exploration Technologies | 1,943.02 Bn | 1,704.73 Bn | 9.10 Bn |
| 2 | General Electric | 349.37 Bn | 308.11 Bn | 5.02 Bn |
| 3 | Rtx | 270.29 Bn | 240.28 Bn | 5.81 Bn |
| 4 | Lockheed Martin | 139.31 Bn | 123.54 Bn | 2.44 Bn |
| 5 | Boeing | 137.40 Bn | 46.38 Bn | 2.17 Bn |
| 6 | General Dynamics | 99.29 Bn | 84.52 Bn | 2.25 Bn |
| 7 | Motorola Solutions | 87.28 Bn | 83.77 Bn | 1.77 Bn |
| 8 | Howmet Aerospace | 87.15 Bn | 82.91 Bn | 1.00 Bn |
| 9 | Northrop Grumman | 77.96 Bn | 65.41 Bn | 2.35 Bn |
| 10 | Honeywell International | 72.44 Bn | 32.19 Bn | 2.02 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 11.93 |
| 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 |
API Access
Lockheed Martin Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=LMT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "LMT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=LMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();