Lockheed MartinLMT.NValuation Analysis
Based on the blended 10-year P/E and P/B percentiles, the stock currently sits in the “Fair Value Range” zone.
As of Oct 16, 2026, Lockheed Martin (LMT.N) trades at a P/E of 20.30x, P/B of 14.50x, P/S of 1.65x, and a dividend yield of 2.52%.
Longitudinal percentile comparison: P/E sits at the 66th percentile over the trailing 10Y window (vs. 54th percentile over 3Y); P/B sits at the 25th percentile over the trailing 10Y window (vs. 13th percentile over 3Y); P/S sits at the 51st percentile over the trailing 10Y window (vs. 70th percentile over 3Y).
Cross-sectional valuation: its P/E ranks at the 41st percentile within its industry and the 53rd percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 4.87%, ranking at the 25th percentile over the trailing 20Y window.
Notably, P/E and P/B aren't telling quite the same story, 40.4 points apart — worth checking the full percentile matrix on this page for the complete picture. The P/E percentile sits lower within its industry than across the market as a whole — relatively cheaper next to direct peers. Of the 4.87% total shareholder yield, 2.52% is paid out as dividends and roughly 2.35% is implied to come from buybacks — both channels are meaningfully in play. Lockheed Martin operates in the Manufacturing sector. Data refreshes weekly and is for reference only, not investment advice.
Also listed as: NYSE: LMT · LMT
Want the full picture on whether Lockheed Martin (LMT.N) is under- or over-valued? See the full 3Y / 5Y / 10Y / 20Y P/E, P/B, P/S, Dividend Yield & Total Shareholder Yield percentile matrix and the interactive ECharts trend chart on this page.
Historical Percentiles by Metric
| Metric | Current | Market Percentile | Industry Percentile | 3Y Pctl | 5Y Pctl | 10Y Pctl | 20Y Pctl |
|---|---|---|---|---|---|---|---|
| P/E (TTM) | 20.30 | ||||||
| P/B (MRQ) | 14.50 | ||||||
| P/S (TTM) | 1.65 | ||||||
| Dividend Yield | 2.52% | ||||||
| Buyback + Div Yield | 4.87% |