Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Lockheed Martin's annualizedGross Profit for the quarter that ended in Mar. 2024 was $7,972 Mil.
Lockheed Martin's average Total Assets over the quarter that ended in Mar. 2024 was $53,710 Mil. Therefore, Lockheed Martin's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 14.84%.
Lockheed Martin Gross-Profit-to-Asset % Historical Data
The historical data trend for Lockheed Martin's Gross-Profit-to-Asset % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Lockheed Martin's Gross-Profit-to-Asset %
For the Aerospace & Defense subindustry, Lockheed Martin's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Lockheed Martin's Gross-Profit-to-Asset % Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Lockheed Martin's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where Lockheed Martin's Gross-Profit-to-Asset % falls into.
Lockheed Martin Gross-Profit-to-Asset % Calculation
Lockheed Martin's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Gross Profit data used here is four times the quarterly (Mar. 2024) data.
Gross-Profit-to-Asset % is displayed in the 30-year financial page.
Lockheed Martin Gross-Profit-to-Asset % Related Terms
Thank you for viewing the detailed overview of Lockheed Martin's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.
Lockheed Martin (Lockheed Martin) Business Description
Lockheed Martin is the world's largest defense contractor and has dominated the Western market for high-end fighter aircraft since it won the F-35 Joint Strike Fighter program in 2001. Lockheed's largest segment is aeronautics, which derives upward of two-thirds of its revenue from the F-35. Lockheed's remaining segments are rotary and mission systems, which is mainly the Sikorsky helicopter business; missiles and fire control, which creates missiles and missile defense systems; and space systems, which produces satellites and receives equity income from the United Launch Alliance joint venture.
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