Lockheed Martin Corp (LMT) Files 10-K for the Fiscal Year Ended on December 31, 2018

Lockheed Martin Corp (LMT, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Lockheed Martin Corp is a security and aerospace company engaged in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services. Lockheed Martin Corp has a market cap of $84.87 billion; its shares were traded at around $298.39 with a P/E ratio of 16.95 and P/S ratio of 1.59. The dividend yield of Lockheed Martin Corp stocks is 2.75%. Lockheed Martin Corp had annual average EBITDA growth of 7.30% over the past ten years. GuruFocus rated Lockheed Martin Corp the business predictability rank of 4.5-star.

For the last quarter Lockheed Martin Corp reported a revenue of $14.4 billion, compared with the revenue of $15.1 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $53.8 billion, an increase of 5.3% from last year. For the last five years Lockheed Martin Corp had an average revenue growth rate of 3.5% a year.

The reported diluted earnings per share was $17.59 for the year, an increase of 155.3% from previous year. Over the last five years Lockheed Martin Corp had an EPS growth rate of 6.6% a year. The Lockheed Martin Corp had a decent operating margin of 13.64%, compared with the operating margin of 11.6% a year before. The 10-year historical median operating margin of Lockheed Martin Corp is 10.77%. The profitability rank of the company is 8 (out of 10).

At the end of the fiscal year, Lockheed Martin Corp has the cash and cash equivalents of $772.0 million, compared with $2.9 billion in the previous year. The long term debt was $12.6 billion, compared with $13.5 billion in the previous year. The interest coverage to the debt is at a comfortable level of 11. Lockheed Martin Corp has a financial strength rank of 5 (out of 10).

At the current stock price of $298.39, Lockheed Martin Corp is traded at 56% premium to its historical median P/S valuation band of $191.25. The P/S ratio of the stock is 1.59, while the historical median P/S ratio is 1.02. The intrinsic value of the stock is $194.42 a share, according to GuruFocus DCF Calculator. The stock lost 10.74% during the past 12 months.

For the complete 20-year historical financial data of LMT, click here.