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Lockheed Martin (BUE:LMT) Cyclically Adjusted Revenue per Share : ARS16,955.84 (As of Mar. 2025)


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What is Lockheed Martin Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Lockheed Martin's adjusted revenue per share for the three months ended in Mar. 2025 was ARS81,382.157. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is ARS16,955.84 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Lockheed Martin's average Cyclically Adjusted Revenue Growth Rate was 8.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 7.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Lockheed Martin was 9.60% per year. The lowest was 3.70% per year. And the median was 6.30% per year.

As of today (2025-05-07), Lockheed Martin's current stock price is ARS28350.00. Lockheed Martin's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ARS16,955.84. Lockheed Martin's Cyclically Adjusted PS Ratio of today is 1.67.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Lockheed Martin was 2.66. The lowest was 1.47. And the median was 2.01.


Lockheed Martin Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Lockheed Martin's Cyclically Adjusted Revenue per Share 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 Cyclically Adjusted Revenue per Share Chart

Lockheed Martin Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,266.96 1,971.80 3,654.53 11,217.36 14,833.12

Lockheed Martin Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial 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 12,928.42 16,382.58 15,156.68 14,833.12 16,955.84

Competitive Comparison of Lockheed Martin's Cyclically Adjusted Revenue per Share

For the Aerospace & Defense subindustry, Lockheed Martin's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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 Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Lockheed Martin's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Lockheed Martin's Cyclically Adjusted PS Ratio falls into.


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Lockheed Martin Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Lockheed Martin's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=81382.157/134.9266*134.9266
=81,382.157

Current CPI (Mar. 2025) = 134.9266.

Lockheed Martin Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 334.686 100.684 448.513
201509 302.485 100.392 406.541
201512 481.134 99.792 650.528
201603 490.490 100.470 658.703
201606 527.005 101.688 699.266
201609 570.352 101.861 755.497
201612 742.007 101.863 982.857
201703 590.353 102.862 774.379
201706 711.328 103.349 928.669
201709 745.716 104.136 966.211
201712 916.295 104.011 1,188.648
201803 814.288 105.290 1,043.495
201806 1,163.867 106.317 1,477.063
201809 1,837.768 106.507 2,328.152
201812 1,902.545 105.998 2,421.783
201903 1,971.137 107.251 2,479.791
201906 2,270.461 108.070 2,834.709
201909 2,988.564 108.329 3,722.321
201912 3,351.290 108.420 4,170.612
202003 3,437.532 108.902 4,259.028
202006 3,954.491 108.767 4,905.574
202009 4,364.180 109.815 5,362.150
202012 4,934.368 109.897 6,058.206
202103 5,230.431 111.754 6,314.957
202106 5,794.387 114.631 6,820.269
202109 5,651.705 115.734 6,588.931
202112 6,532.111 117.630 7,492.640
202203 5,968.482 121.301 6,638.915
202206 6,968.943 125.017 7,521.355
202209 8,691.844 125.227 9,365.118
202212 12,354.835 125.222 13,312.346
202303 11,686.122 127.348 12,381.594
202306 15,797.792 128.729 16,558.408
202309 23,606.940 129.860 24,528.080
202312 27,753.621 129.419 28,934.624
202403 59,961.870 131.776 61,395.390
202406 67,730.596 132.554 68,943.018
202409 68,136.426 133.029 69,108.414
202412 79,326.108 133.157 80,380.258
202503 81,382.157 134.927 81,382.157

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Lockheed Martin  (BUE:LMT) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Lockheed Martin's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=28350.00/16955.84
=1.67

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Lockheed Martin was 2.66. The lowest was 1.47. And the median was 2.01.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Lockheed Martin Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Lockheed Martin's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Lockheed Martin Business Description

Industry
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. Aeronautics is Lockheed's largest segment, which derives upward of two-thirds of its revenue from the F-35. Lockheed's remaining segments are rotary and mission systems, mainly encompassing 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.