Lockheed Martin LMT
NYSE LMT
$505.51 +0.01 (+0.00%)
At close: Oct 2, 2026 · 4:00 PM EDT

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

Updated

Lockheed Martin's (LMT) Price to Earnings came in at 18.63 for Q2 2026, down 26.9% from 25.47 a year earlier and down 37.1% from the prior quarter.

Analysis

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

For FY2025, Lockheed Martin's Price to Earnings stood at 22.18, up 3.5% from FY2024.

  • In prior years, Lockheed Martin's Price to Earnings was 21.44 in FY2024 (+35.4%), 15.83 in FY2023 (-27.0%), 21.67 in FY2022 (+41.4%) and 15.33 in FY2021 (+5.3%).
  • The Q2 2026 figure stands as the lowest quarterly Price to Earnings since Q2 2024.
  • On a year-over-year basis, Price to Earnings increased in seven of the last eight quarters, with growth averaging 26.3%.
  • The strongest year-over-year quarter for Price to Earnings in the past five years was Q2 2022, with growth of 59.4%; the weakest was Q2 2023, with a decline of 30.6%.
  • According to Business Quant data, Price to Earnings for the three prior quarters was 29.62 (Q1 2026), 22.18 (Q4 2025) and 26.86 (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 General Electric 324.20 Bn 278.20 Bn 4.68 Bn
2 Rtx 249.38 Bn 222.59 Bn 5.13 Bn
3 Boeing 152.06 Bn 58.76 Bn 2.41 Bn
4 Lockheed Martin 116.66 Bn 103.39 Bn 2.45 Bn
5 Howmet Aerospace 91.36 Bn 86.97 Bn 951.00 Mn
6 General Dynamics 90.03 Bn 77.14 Bn 2.18 Bn
7 Motorola Solutions 74.17 Bn 70.53 Bn 1.68 Bn
8 Northrop Grumman 68.46 Bn 57.71 Bn 2.12 Bn
9 Honeywell International 67.76 Bn 20.21 Bn 3.65 Bn
10 TransDigm 60.65 Bn 48.74 Bn 1.63 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 28, 2026 18.63
Mar 29, 2026 29.62
Dec 31, 2025 22.18
Sep 28, 2025 26.86
Jun 29, 2025 25.47
Mar 30, 2025 18.80
Dec 31, 2024 21.44
Sep 29, 2024 20.68
Jun 30, 2024 16.53
Mar 31, 2024 16.11
Dec 31, 2023 15.83
Sep 24, 2023 14.73
Jun 25, 2023 16.39
Mar 26, 2023 21.13
Dec 31, 2022 21.67
Sep 25, 2022 18.45
Jun 26, 2022 23.62
Mar 27, 2022 19.44
Dec 31, 2021 15.33
Sep 26, 2021 15.91
API Access

Lockheed Martin Price to Earnings 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-earnings&ticker=LMT&period=max&api_key=YOUR_API_KEY