LOCKHEED MARTIN CORP (LMT)
Guided Missiles & Space Vehicles & Parts
Latest Price
$529.38
TTM P/E
19.51
Normalized P/E
22.61
Div Yield
2.58%
Book Value
38.11
P/B Ratio
13.89
Valuation metrics
adjust assumptions →EPS: $21.49
Book value / share: $29.35
Formula: √(22.5 × EPS × BVPS)
Graham Number
$119.13
77% downside
Norm. op. income: $8.5B (median of 7yr)
Tax rate: 15%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$240.66
54% downside
Base FCF: $6.2B (median of recent 5yr)
Growth: 6%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$417.30
20% downside
EPS: $21.49
Target P/E: 22×
Formula: EPS × P/E
P/E Fair Value
$472.78
10% downside
Institutional Ownership
82.3% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| STATE STREET CORP | 32.98M | $16.80B | 14.33% | +419.6K | 2026-06-30 |
| BlackRock, Inc. | 18.88M | $9.62B | 8.20% | +1.05M | 2026-06-30 |
| VANGUARD CAPITAL MANAGEMENT LLC | 14.16M | $7.21B | 6.15% | +93.3K | 2026-06-30 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 7.81M | $3.98B | 3.39% | +653.6K | 2026-06-30 |
| Sixth Street Partners Management Company, L.P. | 7.81M | $3.98B | 3.39% | -- | 2026-06-30 |
| Corient Private Wealth LP | 7.12M | $101.0M | 3.09% | +6.94M | 2026-06-30 |
| MORGAN STANLEY | 5.71M | $2.91B | 2.48% | +41.6K | 2026-06-30 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 5.56M | $2.83B | 2.42% | +228.8K | 2026-06-30 |
| GEODE CAPITAL MANAGEMENT, LLC | 5.22M | $2.66B | 2.27% | +144.4K | 2026-06-30 |
| Invesco Ltd. | 2.43M | $1.24B | 1.05% | +467.2K | 2026-06-30 |