Lockheed Martin Corporation (LMT) — Free Cash Flow Yield
Industrials
Lockheed Martin Corporation, an aerospace and defense company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services in the United States, Europe, Asia, the Middle East, and internationally. The company operates through four segments: Aeronautics; Missiles and Fire Control (MFC); Rotary and Mission Systems (RMS); and Space. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies. The MFC segment provides air and missile defense systems; tactical missiles and precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support, and integration services; and ground vehicles. The RMS segment offers military and commercial helicopters, surface ships, sea- and land-based missile defense systems, radar and laser systems, sea- and air-based mission and combat systems, command and control mission solutions, cyber solutions, simulation and training solutions, and services and support for surface ships. The Space segment provides satellites; space transportation systems; strategic, advanced strike, and defensive systems; and classified systems and services in support of national security systems. This segment also provides network-enabled situational awareness; and integrates space and ground global systems to help its customers gather, analyze, and securely distribute critical intelligence data. It primarily serves the U.S. government and international customers, as well as foreign military sales contracted through the U.S. government. The company was formerly known as The Lockheed Corporation and changed its name to Lockheed Martin Corporation in March 1995. Lockheed Martin Corporation was founded in 1912 and is based in Bethesda, Maryland.
| Metric | Value |
|---|---|
| FCF Yield | 4.9% |
| Industrials Sector Avg FCF Yield | 3.8% |
| Annual Free Cash Flow | $6.9B |
| Market Cap | $140.5B |
| P/E Ratio | 22.4x |
Lockheed Martin Corporation's FCF yield of 4.9% is above the Industrials sector average (3.8%).
Frequently Asked Questions
What is Lockheed Martin Corporation's (LMT) free cash flow yield?
Lockheed Martin Corporation's (LMT) free cash flow yield is 4.9%. That is above the Industrials sector average (3.8%).
Is LMT's free cash flow yield good?
At 4.9%, LMT's free cash flow yield is considered fair — yields above 10% are generally excellent, 7–10% good, 4–7% fair, and below 4% weak, though context varies by sector and growth stage.
How much free cash flow does Lockheed Martin Corporation generate?
Lockheed Martin Corporation generated $6.9B in free cash flow, against a market cap of $140.5B.
How is free cash flow yield calculated?
Free cash flow yield = (Free Cash Flow ÷ Market Capitalization) × 100%. Free cash flow equals operating cash flow minus capital expenditures.
Data from public filings. Not investment advice. Calculate your own FCF yield →