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Lockheed Martin Gross Profit

: $8,270 Mil (TTM As of Mar. 2020)
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Lockheed Martin's gross profit for the three months ended in Mar. 2020 was $2,091 Mil. Lockheed Martin's gross profit for the trailing twelve months (TTM) ended in Mar. 2020 was $8,270 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Lockheed Martin's gross profit for the three months ended in Mar. 2020 was $2,091 Mil. Lockheed Martin's Revenue for the three months ended in Mar. 2020 was $15,651 Mil. Therefore, Lockheed Martin's Gross Margin % for the quarter that ended in Mar. 2020 was 13.36%.

Lockheed Martin had a gross margin of 13.36% for the quarter that ended in Mar. 2020 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Lockheed Martin was 13.99%. The lowest was 8.34%. And the median was 11.44%.


Lockheed Martin Gross Profit Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Lockheed Martin Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Gross Profit Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,574.00 5,481.00 6,371.00 7,370.00 8,367.00

Lockheed Martin Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
Gross Profit 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 2,188.00 1,993.00 2,063.00 2,123.00 2,091.00

Competitive Comparison
* 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.


Lockheed Martin Gross Profit Distribution

* The bar in red indicates where Lockheed Martin's Gross Profit falls into.



Lockheed Martin Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Lockheed Martin's Gross Profit for the fiscal year that ended in Dec. 2019 is calculated as

Gross Profit (A: Dec. 2019 )=Revenue - Cost of Goods Sold
=59812 - 51445
=8,367

Lockheed Martin's Gross Profit for the quarter that ended in Mar. 2020 is calculated as

Gross Profit (Q: Mar. 2020 )=Revenue - Cost of Goods Sold
=15651 - 13560
=2,091

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2020 was 1993 (Jun. 2019 ) + 2063 (Sep. 2019 ) + 2123 (Dec. 2019 ) + 2091 (Mar. 2020 ) = $8,270 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Lockheed Martin's Gross Margin % for the quarter that ended in Mar. 2020 is calculated as

Gross Margin % (Q: Mar. 2020 )=Gross Profit (Q: Mar. 2020 ) / Revenue (Q: Mar. 2020 )
=(Revenue - Cost of Goods Sold) / Revenue
=2,091 / 15651
=13.36 %

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Lockheed Martin  (NYSE:LMT) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Lockheed Martin had a gross margin of 13.36% for the quarter that ended in Mar. 2020 => No sustainable competitive advantage


Lockheed Martin Gross Profit Related Terms


Lockheed Martin Gross Profit Headlines

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