Lockheed Martin (LMT)

Company Profile

Headquartered in Bethesda, Maryland, Lockheed Martin Corporation is a global security and aerospace company that employs approximately 114,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.

Company profile

Ticker

LMT

Exchange

NYSE

Website

www.lockheedmartin.com

CEO

James Taiclet

Incorporated

Maryland

Location

Maryland

Fiscal year end

Dec 31

Sector

Manufacturing > Guided Missile and Space Vehicle Manufacturing

Industry (SIC)

Guided Missiles & Space Vehicles & Parts

Kratos Defense & Security Solutions • Kaman • Aerojet Rocketdyne • Rocket Lab USA • Momentus • Redwire • Terran Orbital ...

SEC CIK

0000936468

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Astrolink International LLC • Helicopter Support, Inc. • Lockheed Martin Australia Pty Limited • Lockheed Martin Canada Inc. • Lockheed Martin Global, Inc. • Lockheed Martin Investments Inc. • Lockheed Martin Overseas Corporation • Lockheed Martin UK Ampthill Limited • Lockheed Martin UK Limited • Sikorsky Aircraft Corporation ...

IRS number

521893632

LMT stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$463.80

Low target

$332.00

High target

$532.00

Latest filings (excl ownership)

View all

PX14A6G

Letter to shareholders

20 Mar 23

ARS

2022 FY

Annual report to shareholders

14 Mar 23

DEFA14A

Additional proxy soliciting materials

Amendments to Articles of Incorporation or Bylaws

Lockheed Martin Reports Fourth Quarter and Full Year 2022 Financial Results

24 Jan 23

8-K

Departure of Directors or Certain Officers

Prospectus for primary offering

20 Oct 22

Transcripts

View all

LMT

Earnings call transcript

2022 Q4

24 Jan 23

LMT

Earnings call transcript

2022 Q3

18 Oct 22

LMT

Earnings call transcript

2022 Q2

19 Jul 22

LMT

Earnings call transcript

2022 Q1

19 Apr 22

LMT

Earnings call transcript

2021 Q4

25 Jan 22

LMT

Earnings call transcript

2021 Q3

26 Oct 21

LMT

Earnings call transcript

2021 Q2

26 Jul 21

LMT

Earnings call transcript

2021 Q1

20 Apr 21

LMT

Earnings call transcript

2020 Q4

26 Jan 21

LMT

Earnings call transcript

2020 Q3

20 Oct 20

Latest ownership filings

View all

Robert M Lightfoot JR

Harry Edward Paul III

1 Mar 23

Stephanie C. Hill

1 Mar 23

Financial summary

Financial statements Chart LMT financial data

Quarter (USD)	Dec 22	Sep 22	Jun 22	Mar 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	2.55 bn	2.55 bn	2.55 bn	2.55 bn	2.55 bn	2.55 bn
Cash burn (monthly)	(no burn)	88.08 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	260.11 mm	n/a	n/a	n/a	n/a
Cash remaining	n/a	2.29 bn	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	26.0	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2022

LMT institutional ownership history Ownership history

77.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	2244	2084	+7.7%
Opened positions	304	100	+204.0%
Closed positions	144	160	-10.0%
Increased positions	806	943	-14.5%
Reduced positions	836	716	+16.8%

13F shares	Current	Prev Q	Change
Total value	95.35 tn	61.24 bn	+155604.4%
Total shares	196.47 mm	158.41 mm	+24.0%
Total puts	3.86 mm	3.35 mm	+15.1%
Total calls	4.68 mm	4.97 mm	-5.9%
Total put/call ratio	0.8	0.7	+22.4%

Largest owners	Shares	Value	Change
STT State Street	37.80 mm	$18.39 tn	NEW
Vanguard	22.75 mm	$11.07 tn	-0.6%
BLK Blackrock	17.83 mm	$8.68 tn	+3.6%
Capital World Investors	10.87 mm	$5.29 tn	-12.1%
FMR	7.25 mm	$3.53 tn	+7.6%
Charles Schwab Investment Management	5.85 mm	$2.82 tn	+7.0%
BAC Bank Of America	5.67 mm	$2.76 tn	+43.2%
MS Morgan Stanley	5.32 mm	$2.59 tn	+0.0%
Geode Capital Management	4.39 mm	$2.12 tn	+0.3%
Capital Research Global Investors	3.43 mm	$1.67 tn	-5.8%

Largest transactions	Shares	Bought/sold	Change
STT State Street	37.80 mm	+37.80 mm	NEW
BAC Bank Of America	5.67 mm	+1.71 mm	+43.2%
Capital World Investors	10.87 mm	-1.50 mm	-12.1%
BLK Blackrock	17.83 mm	+626.76 k	+3.6%
BEN Franklin Resources	1.95 mm	-525.77 k	-21.2%
FMR	7.25 mm	+514.35 k	+7.6%
GQG Partners	1.15 mm	-509.41 k	-30.7%
BK Bank Of New York Mellon	2.22 mm	-469.96 k	-17.5%
Charles Schwab Investment Management	5.85 mm	+382.51 k	+7.0%
BCS Barclays	742.63 k	+382.32 k	+106.1%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

LMT insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
6 Mar 23	Timothy S Cahill	Common Stock	Sell	Dispose S	No	No	479.3796	2,234	1.07 mm	10,459.859
6 Mar 23	Timothy S Cahill	Common Stock	Sell	Dispose S	No	No	479.9117	300	143.97 k	12,693.859
2 Mar 23	Hill Stephanie C.	Common Stock	Sell	Dispose S	No	No	476.6139	1,541	734.46 k	14,985.49
2 Mar 23	Maryanne Lavan	Common Stock	Sell	Dispose S	No	No	476.4715	3,600	1.72 mm	0
2 Mar 23	Maryanne Lavan	Common Stock	Sell	Dispose S	No	No	477.4739	900	429.73 k	3,600
2 Mar 23	Maryanne Lavan	Common Stock	Sell	Dispose S	No	No	478.08	54	25.82 k	4,500
2 Mar 23	Robert M Lightfoot JR	Common Stock	Sell	Dispose S	No	No	477.7877	501.757	239.73 k	0
2 Mar 23	Robert M Lightfoot JR	Common Stock	Sell	Dispose S	No	No	474.3132	497	235.73 k	501.757
2 Mar 23	Evan T Scott	Common Stock	Sell	Dispose S	No	No	476.4375	437	208.20 k	0