Lockheed Martin Corp. (LMT) Valuation
Historical valuation analysis based on 500 data points (2024-08-30 to 2026-08-28)
Lockheed Martin is the world's largest defense contractor and has dominated the Western market for high-end fighter aircraft since it won the F-35 Joint Strike Fighter program in 2001. Aeronautics...
Lockheed Martin Corp. (LMT) currently trades at a P/E ratio of 29.26 (historical range: 15.38–38.49, median: 26.56), placing it at the 78th percentile — above its historical average, P/S ratio of 1.87 (range: 1.44–2.20, 73th percentile — above its historical average), EV/EBITDA of 77.01 (range: 17.07–85.72, 92th percentile).
Over the historical period (2024-08-30 to 2026-08-28), Lockheed Martin Corp.'s P/E ratio has expanded by 45% over the observed period (from an average of 20.7 to 29.9).
Lockheed Martin Corp. appears overvalued relative to its own historical valuation range, trading at elevated multiples across most metrics.
Historical Valuation Metrics
| Metric | Current | Min | Median | Max | Percentile | Assessment |
|---|---|---|---|---|---|---|
| P/E Ratio | 29.26 | 15.38 | 26.56 | 38.49 | 78th | above its historical average |
| P/S Ratio | 1.87 | 1.44 | 1.68 | 2.20 | 73th | above its historical average |
| EV/EBITDA | 77.01 | 17.07 | 37.15 | 85.72 | 92th | expensive relative to its history |
| FCF Yield | 0.05 | 0.01 | 0.04 | 0.06 | 85th | cheap relative to its history |