Lockheed Martin Corporation EV/EBITDA
Data as of June 01, 2026
EV/EBITDA
17.65
Enterprise Value
$141.11B
EBITDA (TTM)
$7.99B
Sector
Industrials
How It's Calculated
17.65 = $141.11B ÷ $7.99B
What This Means
Lockheed Martin Corporation's EV/EBITDA of 17.6 is in a moderate range for Industrials.
About Lockheed Martin Corporation
Lockheed Martin Corporation (LMT) operates in the Industrials sector, specifically in Aerospace & Defense. With a market capitalization of about $122.30B, it ranks as a large-cap stock — a major established company.
Shares recently traded near $530.45, within a 52-week range of $410.11 to $692.00 (-23.3% from the high, +29.3% from the low). Beta of 0.10 indicates relatively lower volatility versus the market.
Trailing profit margin is about 6.4%, signaling modest profitability that investors should weigh against growth plans.
Understanding This Metric
EV/EBITDA is widely used when comparing companies with different debt loads because enterprise value includes net debt while EBITDA approximates operating cash earnings power. For Lockheed Martin Corporation, the ratio should be read with growth, capex needs, and cycle position in Industrials. Pair EV/EBITDA with free cash flow yield and net debt metrics before drawing conclusions — especially when EBITDA is depressed or boosted by one-time items.
Using This Number in Practice
Near 17.65x EV/EBITDA, Lockheed Martin Corporation (LMT) carries an elevated EV/EBITDA multiple that may embed growth expectations or scarcity within its peer set. Enterprise value of about $141.11B and EBITDA near $7.99B form the ratio — adjust for one-time items before treating the headline multiple as comparable.
Credit and LBO workflows often sort names on EV/EBITDA before drilling into free cash flow and maintenance capex. Pair this view with the EV/EBITDA calculator and the LMT metrics hub for related valuation pages.
Sector Comparison
Among Industrials names on our S&P 100 coverage, Lockheed Martin Corporation's EV/EBITDA of 17.65 can be compared with peers such as CAT (30.45), GE (31.60), RTX (18.07). Sector context helps interpretation, but each company's growth profile and balance sheet differ — use multiple metrics before drawing conclusions. View all Industrials stocks.
Key Takeaways
- LMT is grouped in the Industrials sector for peer comparisons.
- Recent beta of 0.10 suggests lower-than-market price sensitivity.
- Trailing profit margin of 6.4% provides context for how much earnings support the headline multiple.
Related Tools & Guides
Explore calculators and guides connected to this metric, or view all metrics for LMT.
Other LMT Metrics
Frequently Asked Questions
What is LMT's EV/EBITDA?
EV/EBITDA compares enterprise value to operating earnings before interest, taxes, depreciation, and amortization. Lockheed Martin Corporation's ratio is about 17.65 — common for comparing leveraged companies in Industrials.
Is 17.65 high or low vs peers?
Among Industrials peers (e.g. GE (31.60), CAT (30.45), ETN (27.85)), LMT's 17.65 should be read with growth, capex, and debt levels.
When is EV/EBITDA misleading?
EBITDA ignores capex, working capital, and stock-based comp; negative or tiny EBITDA makes the ratio meaningless. Cross-check with free cash flow and net debt.
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