Lockheed Martin Corp. (LMT)

From the record

Lockheed Martin Corp.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Lockheed Martin Corp.'s 10 filed years say what it did: revenue went from $47 billion in fiscal 2016 to $75 billion in fiscal 2025, up 5.3% a year; it rose in 8 of 9 years; the deepest fall was 2% from fiscal 2021 to fiscal 2022; net income was positive in 10 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Lockheed Martin Corp.'s diluted share count shrank about 4.1% a year, and dividends and buybacks returned about 94% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 24 sales and 0 purchases of their own stock on the open market in the year to 2026-10-27 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Lockheed Martin Corp. earned about 75 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 13 cents per dollar of everything the company owns. Leverage: it owed about 89 cents per dollar of assets, and net share issuance: its share count shrank 2.4% over the year (the filed statements).

From the record

Lockheed Martin Corp.'s standing among 7 graded names in its industry family: revenue of $75 billion in fiscal 2025 ranks in the top 7% by size; a net margin of 6.7% ranks in the top 7%; revenue growth of 4.4% a year over the last 3 filed years ranks in the bottom 7% (its annual reports).

From the record

Lockheed Martin Corp.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Taiclet, James D Jr (Chairman, President & CEO, as filed), filing under that title since 2020-07-28, 6.3 years (top 30% of its family); the 20 officers and directors filing in the last fifteen months have been on the record a median of 5.2 years (top 50%); 5 officer or director changes were reported on Form 8-K since 2023-11-13, against the 20 people in charge now (top 31%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Lockheed Martin Corp.'s room to grow, from the newest filed statements (fiscal 2025): cash of $4.1 billion against debt of $21 billion leaves -27.4% of its assets as net cash, bottom 7% of its family; cash from operations less capital spending is 9.2% of revenue (top 7%); a gross margin of 10.2% (bottom 21%); research spending of 2.7% of revenue (bottom 7%) (its annual report).

From the record

Lockheed Martin Corp.'s growth drivers, from the filed years to fiscal 2025: revenue grew 4.4% a year over the last three filed years against 5.3% over all 10, slowing (bottom 21% of its family); the newest year grew 5.6% (bottom 21%); research spending grew 5.6% a year (top 50%); capital spending grew -0.4% a year (bottom 36%) (its annual reports). Lockheed Martin Corp. reported 2 product lines in fiscal 2025: Product at $63 billion (84%), Service at $12 billion (17%); 2 of 2 grew against the year before (its annual report).

From the record

Lockheed Martin Corp.'s newest year against its own record: revenue of $75 billion in fiscal 2025 came in 1.8% above the $74 billion its prior three years' pace pointed to (top 30% of its family); net income of $5.0 billion against a prior three-year average of $6.0 billion (top 50%); a net margin of 6.7% against 8.8% before (bottom 30%) (its annual reports).