Lockheed Martin Corp.
LMT
Market Cap$109.69B
Close$
Earnings Call Q4 2023
January 23, 2024 - AI Summary
Lockheed Martin reported strong financial results for the fourth quarter and full-year 2023, with sales of $67.6 billion, a 2% increase year-over-year.
The company's backlog reached a record high of $161 billion, indicating robust demand for its products and services.
Lockheed Martin expects low single-digit growth in sales for 2024, off the higher 2023 base, with a range of $6 billion to $6.3 billion of free cash flow.
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$566.07
23.3% upside
Current Fair Value
23.3% upsideUndervalued by 23.3% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $109.69 Billion |
|---|---|
| Enterprise Value | $125.70 Billion |
| Dividend Yield | $12.1716 (2.67%) |
| Earnings per Share | $27.55 |
| Beta | 0.29 |
| Outstanding Shares | 240,495,447 |
| Avg 30 Day Volume | 1,062,238 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 15.85 |
|---|---|
| PEG | -658.84 |
| Price to Sales | 1.64 |
| Price to Book Ratio | 16.4 |
| Enterprise Value to Revenue | 1.86 |
| Enterprise Value to EBIT | 14.67 |
| Enterprise Value to Net Income | 18 |
| Total Debt to Enterprise | 0.14 |
| Debt to Equity | 2.55 |
Revenue Sources
No data
ESG Score
No data
About Lockheed Martin Corp.
CEO: James Taiclet