Lockheed MartinLIM:LMT 73 PEG Ratio is 13.79 as of Jun. 24, 2026, which is 327% above its 10-year median of 3.23. GuruFocus rates LIM:LMT with a GF Score™ of 73/100 and a GF Value™ of $587.42 (Fairly Valued). The stock has 3 warning signs investors should review. Among 124 Aerospace & Defense companies, Lockheed Martin ranks worse than 87.9% on this metric.
* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
The historical rank and industry rank for Lockheed Martin's PEG Ratio or its related term are showing as below:
LIM:LMT'
s PEG Ratio Range Over the Past 10 Years
Min: 0.96 Med: 3.23 Max: 15.48
Current: 12.84
During the past 13 years, Lockheed Martin's highest PEG Ratio was 15.48. The lowest was 0.96. And the median was 3.23.
LIM:LMT's PEG Ratio is ranked worse than 87.9% of 124
companies
in the Aerospace & Defense industry
Industry Median: 2.27
vs LIM:LMT: 12.84
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
Lockheed Martin (LIM:LMT) PEG Ratio Explanation
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.
Lockheed Martin PEG Ratio Related Terms
Lockheed Martin PEG Ratio Historical Data
* Premium members only.
The historical data trend for Lockheed Martin's PEG Ratio 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.
For the Aerospace & Defense subindustry, Lockheed Martin's PEG Ratio, along with its competitors' market caps and PEG 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 PEG Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Lockheed Martin's PEG Ratio distribution charts can be found below:
* The bar in red indicates where Lockheed Martin's PEG Ratio falls into.
* 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.
* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
Lockheed Martin (LIM:LMT) has a PEG Ratio of 13.79 as of Jun. 24, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Lockheed Martin and its competitors. This is 327% above median its historical median of 3.23. Over the past decade, Lockheed Martin's PEG Ratio has ranged from 0.96 to 15.48. According to the industry distribution chart, Lockheed Martin ranks #109 out of 124 companies in the Aerospace & Defense industry, placing it in the top 87.9%.
Is Lockheed Martin's PEG Ratio too high?
Lockheed Martin's current PEG Ratio of 13.79 is 327% above median its 10-year median of 3.23. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 15.48. The Aerospace & Defense industry median PEG Ratio is 2.27. Lockheed Martin's value of 13.79 is 507.5% above this industry median. Based on the distribution chart, Lockheed Martin ranks #109 out of 124 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Lockheed Martin has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lockheed Martin's PEG Ratio compare to HWM and GD?
According to the Aerospace & Defense industry distribution chart, Lockheed Martin ranks #109 out of 124 companies for PEG Ratio. This places Lockheed Martin in the lower half of its industry. The industry median PEG Ratio is 2.27. Lockheed Martin's value of 13.79 is 507.5% above this benchmark. Historically, Lockheed Martin's own PEG Ratio has ranged from 0.96 to 15.48 over the past decade. While the company's 10-year median is 3.23 vs. the industry median of 2.27, Lockheed Martin has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PEG Ratio for an Aerospace & Defense company?
The median PEG Ratio among Aerospace & Defense companies is 2.27, based on 124 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lockheed Martin's current PEG Ratio of 13.79 is 507.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Lockheed Martin and its competitors. For the Aerospace & Defense industry, the median PEG Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lockheed Martin's current PEG Ratio is 13.79, which is 327% above median its own 10-year median of 3.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lockheed Martin stock overvalued right now?
Based on GuruFocus' analysis, Lockheed Martin (LIM:LMT) is currently considered Fairly Valued. The stock's GF Value™ is $587.42, compared to a current price of $541.22 — trading 7.9% below its estimated fair value. The current PEG Ratio is 13.79, which is 327% above median its 10-year median of 3.23 and 507.5% above the Aerospace & Defense industry median of 2.27. Lockheed Martin's overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Lockheed Martin (LIM:LMT), the current PEG Ratio is 13.79 as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Lockheed Martin (LIM:LMT) Overvalued in 2026?
Based on GuruFocus' analysis, Lockheed Martin stock appears to be undervalued.
The current stock price of $541.22 is trading 7.9% below its estimated GF Value™ of $587.42.
GuruFocus considers Lockheed Martin to be Fairly Valued.
Key valuation signals for LIM:LMT:
PEG Ratio: 13.79 (327% above median its 10-year median of 3.23)
GF Value™: $587.42 vs. price of $541.22 (7.9% below fair value)
Industry Position: 507.5% above the Aerospace & Defense median (#109 of 124)
No single metric tells the full story. See the LIM:LMT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
73GF Score
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