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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |