Lockheed Martin PE ratio LMT

Share price divided by earnings per share over the last twelve months, since 2010.

Today, Oct 23, 2026: 21.5×
10-year median: 18.7×
Against its 10-year history: 69th; percentile: 0 is its lowest day, 100 its highest
10-year range: 13.2× to 52.8×
Peer median: 32.5×

Lockheed Martin's PE ratio is 21.5× as of Oct 23, 2026: a share price of $604.18 against $28.15 of earnings per share over the last twelve months.

That is above its ten-year median of 18.7×, higher than on 69% of days in the last ten years.

Over that time it ranged from 13.2× in Jan 2021 to 52.8× in Feb 2018.

The median for 10 aerospace and defense stocks of a similar size is 32.5×.

PE ratio over time

median 18.7×

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	21.5×	18.6×	33.0×
2025	27.0×	16.9×	28.4×
2024	17.7×	15.4×	22.2×
2023	16.6×	14.7×	22.6×
2022	22.3×	16.6×	25.5×
2021	16.4×	13.2×	16.4×
2020	15.3×	13.3×	20.6×
2019	18.7×	16.7×	26.5×
2018	23.8×	23.4×	52.8×
2017	25.8×	14.9×	26.0×
2016	14.8×	14.0×	22.7×
2015	19.3×	16.9×	20.1×
2014	19.9×	15.7×	19.9×
2013	15.8×	10.0×	15.8×
2012	10.5×	9.4×	11.6×
2011	9.6×	8.7×	11.0×
2010	9.4×	8.8×	11.5×

Against its peers

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

Company	PE ratio
LMTLockheed Martin	21.5×
BABoeing	81.5×
GDGeneral Dynamics	21.3×
NOCNorthrop Grumman	17.5×
RTXRTX	31.0×
HWMHowmet Aerospace	40.1×
GEGE Aerospace	32.5×
TDGTransDigm	33.5×
HONAHoneywell Aerospace	n/m
LHXL3Harris Technologies	25.6×
HEIHEICO	49.5×
Peer median	32.5×

Where Lockheed Martin ranks

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

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.