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Lockheed Martin (Lockheed Martin) Median PS Value

: $462.82 (As of Today)
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This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Lockheed Martin's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $269.317. Lockheed Martin's 10-Year median PS Ratio is 1.7185. Therefore, the Median PS Value for today is $462.82.

As of today (2024-04-19), Lockheed Martin's share price is $463.87. Lockheed Martin's Median PS Value is $462.82. Therefore, Lockheed Martin's Price to Median PS Value for today is 1.00.

The historical rank and industry rank for Lockheed Martin's Median PS Value or its related term are showing as below:

LMT' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.9   Med: 1.28   Max: 2.06
Current: 1

During the past 13 years, the highest Price to Median PS Value of Lockheed Martin was 2.06. The lowest was 0.90. And the median was 1.28.

LMT's Price-to-Median-PS-Value is ranked better than
62.28% of 167 companies
in the Aerospace & Defense industry
Industry Median: 1.19 vs LMT: 1.00

Lockheed Martin Median PS Value Historical Data

The historical data trend for Lockheed Martin's Median PS Value 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.

* Premium members only.

Lockheed Martin Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 301.22 375.52 395.30 422.18 462.82

Lockheed Martin Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Median PS Value Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 422.18 432.31 447.93 457.09 462.82

Competitive Comparison

For the Aerospace & Defense subindustry, Lockheed Martin's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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 Price-to-Median-PS-Value Distribution

For the Aerospace & Defense industry and Industrials sector, Lockheed Martin's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Lockheed Martin's Price-to-Median-PS-Value falls into.



Lockheed Martin Median PS Value Calculation

Lockheed Martin's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=269.317*1.7185
=462.82

10-Year Median PS Ratio is 1.7185.
Lockheed Martin's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $269.317.

* 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.


Lockheed Martin  (NYSE:LMT) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Lockheed Martin's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=463.87/462.82
=1.00

* 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.


Lockheed Martin Median PS Value Related Terms

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Lockheed Martin (Lockheed Martin) Business Description

Address
6801 Rockledge Drive, Bethesda, MD, USA, 20817
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.
Executives
John Donovan director 208 S. AKARD ST. , ROOM 3025, DALLAS TX 75202
Stephanie C. Hill officer: Executive Vice President 55 WATER STREET, NEW YORK NY 10041
Timothy S Cahill officer: Executive Vice President 6802 ROCKLEDGE DRIVE, BETHESDA MD 20817
St John Frank A officer: Executive Vice President 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Gregory M Ulmer officer: Acting Executive Vice Pres. 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Vincent R. Stewart director C/O AMERICAN PUBLIC EDUCATION, INC., 111 WEST CONGRESS STREET, CHARLES TOWN WV 25414
Paul Harry Edward Iii officer: Vice President & Controller 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Evan T Scott officer: Vice President & Treasurer 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
John W Mollard officer: Vice President & Treasurer 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Brian P Colan officer: VP & Controller 6801 ROCKLEDGE DR, BETHESDA MD 20817
Maryanne Lavan officer: SVP & General Counsel 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Jesus Jr Malave officer: Chief Financial Officer L3HARRIS TECHNOLOGIES INC, 1025 WEST NASA BOULEVARD, MELBOURNE FL 32919
Lightfoot Robert M Jr officer: Executive Vice President 6801 ROCKLEDGE DR, BETHESDA MD 20817
Patricia E Yarrington director 6001 BOLLINGER CANYON ROAD, SAN RAMON CA 94583
Kenneth R Possenriede officer: Vice President & Treasurer 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817