Lockheed Martin (MIL:1LMT) Total Assets : €50,024 Mil (As of Sep. 2024)

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What is Lockheed Martin Total Assets?

Lockheed Martin's Total Assets for the quarter that ended in Sep. 2024 was €50,024 Mil.

During the past 12 months, Lockheed Martin's average Total Assets Growth Rate was -1.40% per year. During the past 3 years, the average Total Assets Growth Rate was 2.40% per year. During the past 5 years, the average Total Assets Growth Rate was 2.90% per year. During the past 10 years, the average Total Assets Growth Rate was 3.30% per year.

During the past 13 years, Lockheed Martin's highest 3-Year average Total Assets Growth Rate was 20.80%. The lowest was -6.70%. And the median was 2.50%.

Total Assets is connected with ROA %. Lockheed Martin's annualized ROA % for the quarter that ended in Sep. 2024 was 11.56%. Total Assets is also linked to Revenue through Asset Turnover. Lockheed Martin's Asset Turnover for the quarter that ended in Sep. 2024 was 0.30.

Lockheed Martin Total Assets Historical Data

The historical data trend for Lockheed Martin's Total Assets 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.

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Lockheed Martin Total Assets Chart

Lockheed Martin Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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42,775.20

41,683.62

45,022.61

49,918.72

48,102.15

Lockheed Martin Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															53,096.04	48,102.15	50,565.96	51,165.60	50,023.52

Lockheed Martin Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Lockheed Martin's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	6267.695	+	41834.457
	=	48,102

Lockheed Martin's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	6487.2	+	43536.32
	=	50,024

Lockheed Martin (MIL:1LMT) Total Assets Explanation

Total Assets is connected with ROA %.

Lockheed Martin's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	5849.292	/	( (51165.604	+	50023.52)	/ 2 )
	=	5849.292	/	50594.562
	=	11.56 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Lockheed Martin's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	15410.704	/	( (51165.604	+	50023.52)	/ 2 )
=	15410.704	/	50594.562
=	0.30

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Lockheed Martin Total Assets Related Terms

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Lockheed Martin Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Lockheed Martin Corp (MIL:1LMT) » Definitions » Total Assets

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Address

6801 Rockledge Drive, Bethesda, MD, USA, 20817

Website

https://www.lockheedmartin.com

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, 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.

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