Lockheed Martin EV/EBIT LMT

Enterprise value divided by operating profit over the last twelve months, one-off items taken out, since 2010.

Today, Oct 23, 2026: 16.5×
10-year median: 14.8×
Against its 10-year history: 79th; percentile: 0 is its lowest day, 100 its highest
10-year range: 10.9× to 25.2×
Peer median: 25.3×

Lockheed Martin's EV/EBIT is 16.5× as of Oct 23, 2026.

That is above its ten-year median of 14.8×, higher than on 79% of days in the last ten years.

Over that time it ranged from 10.9× in Mar 2020 to 25.2× in Jan 2026.

The median for 10 aerospace and defense stocks of a similar size is 25.3×.

EV/EBIT over time

median 14.8×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	16.5×	14.6×	25.2×
2025	21.2×	14.5×	23.0×
2024	15.0×	13.8×	18.7×
2023	14.7×	13.2×	16.4×
2022	16.0×	12.1×	16.3×
2021	11.9×	11.2×	13.7×
2020	12.8×	10.9×	15.9×
2019	14.6×	11.9×	14.9×
2018	11.7×	11.5×	18.1×
2017	16.6×	15.5×	17.0×
2016	15.5×	13.2×	18.5×
2015	13.9×	11.4×	14.4×
2014	12.3×	10.7×	12.3×
2013	10.8×	6.7×	10.8×
2012	7.0×	6.8×	8.1×
2011	6.9×	6.2×	7.4×
2010	6.4×	6.1×	6.6×

Against its peers

Companies in Aerospace & Defense nearest Lockheed Martin's size, closest first, today.

Company	EV/EBIT
LMTLockheed Martin	16.5×
BABoeing	37.7×
GDGeneral Dynamics	17.3×
NOCNorthrop Grumman	19.4×
RTXRTX	25.4×
HWMHowmet Aerospace	31.3×
GEGE Aerospace	n/m
TDGTransDigm	19.7×
HONAHoneywell Aerospace	n/m
LHXL3Harris Technologies	25.2×
HEIHEICO	35.3×
Peer median	25.3×

Where Lockheed Martin ranks

#8of 33Aerospace and defense stocks with the lowest EV/EBIT

What the EV/EBIT tells you

What the whole business costs against its operating profit. Enterprise value is the market value plus borrowings and minority interests, less cash. EBIT is operating profit before interest and tax, with one-offs taken out. Unlike PE it is not moved by how a company is financed.

Leases are left out of debt for every company. Banks earn on their balance sheet, so EV/EBIT does not describe them.

More on Lockheed Martin

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.