Lockheed Martin Corporation
Lockheed Martin Corporation (LMT) PE Ratio — Current & Historical Data
Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.
lmt · pe ratio · data through Dec 31, 2025
Core PE Ratio Metrics
Trailing 12 months · TTMThe price-to-earnings (P/E) ratio for Lockheed Martin Corporation (LMT) measures how much investors pay for each dollar of the company's trailing earnings. LMT's current PE ratio of 25.12x is calculated by dividing its stock price of $524.76 by its TTM earnings per share of $20.85. +27.8% elevated vs 5Y avg 19.7x
Source: FMP · /ratios-ttm · /analyst-estimates · 2025-12-31
PE Ratio History
2006 – 2025 · Annual▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)
Historical PE Range
Past 20 fiscal years · Front-end computedMinQ1 · 25%15.6x
MedianQ3 · 75%46.2x
Max
At 25.12x, LMT's current P/E is higher than in 95% of its annual fiscal year readings over the past 20 years — historically elevated.
Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.
PE Ratio vs Peers
Aerospace & Defense · 6 peers · Annual PE| Company | Market Cap | PE (Annual) | vs Avg | EPS (TTM) |
|---|---|---|---|---|
Lockheed Martin CorporationYou LMT | $121.0B | 25.12x | -29.3% | $20.85 |
 Automatic Data Processing, Inc. ADP | $91.9B | 30.77x | -13.4% | $10.02 |
 The Boeing Company BA | $170.3B | 74.05x | +108.4% | $2.93 |
 Deere & Company DE | $158.6B | 24.89x | -29.9% | $18.56 |
 General Dynamics Corporation GD | $93.5B | 21.58x | -39.3% | $15.60 |
 Honeywell International Inc. HON | $135.9B | 26.36x | -25.8% | $7.40 |
 L3Harris Technologies, Inc. LHX | $57.2B | 35.53x | -0.0% | $8.57 |
Industry Average 6 peers with valid PE | — | 35.53x | baseline | — |
* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio
Annual PE Ratio History
| Fiscal Year End | PE Ratio | EPS (TTM) | YoY Change | PE vs Max |
|---|---|---|---|---|
2025-12-31Latest FY2025 | 22.26x | $21.73 | +2.6% | |
2024-12-31 FY2024 | 21.70x | $22.39 | +32.4% | |
2023-12-31 FY2023 | 16.39x | $27.65 | -26.8% | |
2022-12-31 FY2022 | 22.38x | $21.74 | +43.9% | |
2021-12-31 FY2021 | 15.56x | $22.85 | +6.9% | |
2020-12-31 FY2020 | 14.55x | $24.40 | -17.5% | |
2019-12-31 FY2019 | 17.63x | $22.09 | +19.4% | |
2018-12-31 FY2018 | 14.76x | $17.74 | -68.0% | |
2017-12-31 FY2017 | 46.15x | $6.96 | +227.1% | |
2016-12-31 FY2016 | 14.11x | $17.71 | -24.5% |
▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API
About PE Ratio & Methodology
The price-to-earnings (P/E) ratio for Lockheed Martin Corporation (LMT) measures how much investors pay for each dollar of the company's trailing earnings. LMT's current PE ratio of 25.12x is calculated by dividing its stock price of $524.76 by its TTM earnings per share of $20.85.
Frequently asked questions
LMT pe ratio · 6 questionsLMT's current PE ratio is 25.12x as of 2026-06-08, based on a stock price of $524.76 and TTM EPS of $20.85. Data sourced from Financial Modeling Prep via LMT's SEC 10-K and 10-Q filings.
▸ Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Lockheed Martin Corporation SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08