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Lockheed Martin (Lockheed Martin) EV-to-EBIT

: 13.94 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Lockheed Martin's Enterprise Value is $125,695 Mil. Lockheed Martin's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $9,014 Mil. Therefore, Lockheed Martin's EV-to-EBIT for today is 13.94.

The historical rank and industry rank for Lockheed Martin's EV-to-EBIT or its related term are showing as below:

LMT' s EV-to-EBIT Range Over the Past 10 Years
Min: 7.85   Med: 14.93   Max: 20.78
Current: 13.94

During the past 13 years, the highest EV-to-EBIT of Lockheed Martin was 20.78. The lowest was 7.85. And the median was 14.93.

LMT's EV-to-EBIT is ranked better than
76.52% of 230 companies
in the Aerospace & Defense industry
Industry Median: 25.86 vs LMT: 13.94

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Lockheed Martin's Enterprise Value for the quarter that ended in Dec. 2023 was $125,701 Mil. Lockheed Martin's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $9,014 Mil. Lockheed Martin's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.17%.


Lockheed Martin EV-to-EBIT Historical Data

The historical data trend for Lockheed Martin's EV-to-EBIT 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.

* Premium members only.

Lockheed Martin Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.28 12.24 12.86 18.70 13.95

Lockheed Martin Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.70 18.20 14.28 12.75 13.95

Competitive Comparison

For the Aerospace & Defense subindustry, Lockheed Martin's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lockheed Martin EV-to-EBIT Distribution

For the Aerospace & Defense industry and Industrials sector, Lockheed Martin's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Lockheed Martin's EV-to-EBIT falls into.



Lockheed Martin EV-to-EBIT Calculation

Lockheed Martin's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=125694.949/9014
=13.94

Lockheed Martin's current Enterprise Value is $125,695 Mil.
Lockheed Martin's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $9,014 Mil.

* 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.


Lockheed Martin  (NYSE:LMT) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Lockheed Martin's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=9014/125701.08
=7.17 %

Lockheed Martin's Enterprise Value for the quarter that ended in Dec. 2023 was $125,701 Mil.
Lockheed Martin's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $9,014 Mil.

* 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.


Lockheed Martin EV-to-EBIT Related Terms

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Lockheed Martin (Lockheed Martin) Business Description

Address
6801 Rockledge Drive, Bethesda, MD, USA, 20817
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, which is mainly 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.
Executives
John Donovan director 208 S. AKARD ST. , ROOM 3025, DALLAS TX 75202
Stephanie C. Hill officer: Executive Vice President 55 WATER STREET, NEW YORK NY 10041
Timothy S Cahill officer: Executive Vice President 6802 ROCKLEDGE DRIVE, BETHESDA MD 20817
St John Frank A officer: Executive Vice President 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Gregory M Ulmer officer: Acting Executive Vice Pres. 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Vincent R. Stewart director C/O AMERICAN PUBLIC EDUCATION, INC., 111 WEST CONGRESS STREET, CHARLES TOWN WV 25414
Paul Harry Edward Iii officer: Vice President & Controller 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Evan T Scott officer: Vice President & Treasurer 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
John W Mollard officer: Vice President & Treasurer 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Brian P Colan officer: VP & Controller 6801 ROCKLEDGE DR, BETHESDA MD 20817
Maryanne Lavan officer: SVP & General Counsel 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Jesus Jr Malave officer: Chief Financial Officer L3HARRIS TECHNOLOGIES INC, 1025 WEST NASA BOULEVARD, MELBOURNE FL 32919
Lightfoot Robert M Jr officer: Executive Vice President 6801 ROCKLEDGE DR, BETHESDA MD 20817
Patricia E Yarrington director 6001 BOLLINGER CANYON ROAD, SAN RAMON CA 94583
Kenneth R Possenriede officer: Vice President & Treasurer 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817