Lockheed Martin (LMT) Price to Earnings (2009 - 2026)
Lockheed Martin's (LMT) Price to Earnings came in at 18.43 for Q3 2026, down 31.4% from 26.86 a year earlier and down 1.1% from the prior quarter.
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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 Q3 2026 figure stands as the lowest quarterly Price to Earnings since Q2 2024.
- On a year-over-year basis, Price to Earnings increased in six of the last eight quarters, with growth averaging 17.4%.
- 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 Q3 2026, with a decline of 31.4%.
- According to Business Quant data, Price to Earnings for the three prior quarters was 18.63 (Q2 2026), 29.62 (Q1 2026) and 22.18 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Space Exploration Technologies | 1,651.46 Bn | 1,413.17 Bn | 9.10 Bn |
| 2 | General Electric | 341.86 Bn | 300.61 Bn | 5.02 Bn |
| 3 | Rtx | 267.69 Bn | 237.67 Bn | 5.81 Bn |
| 4 | Lockheed Martin | 137.00 Bn | 121.23 Bn | 2.44 Bn |
| 5 | Boeing | 134.94 Bn | 43.90 Bn | 2.17 Bn |
| 6 | General Dynamics | 97.88 Bn | 83.11 Bn | 2.25 Bn |
| 7 | Motorola Solutions | 87.85 Bn | 84.32 Bn | 1.77 Bn |
| 8 | Howmet Aerospace | 87.47 Bn | 83.22 Bn | 1.00 Bn |
| 9 | Northrop Grumman | 78.02 Bn | 65.48 Bn | 2.35 Bn |
| 10 | Honeywell International | 70.02 Bn | 29.54 Bn | 2.02 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 18.43 |
| 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 |
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_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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-earnings&ticker=LMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();