Company profile

Ticker
LMT
Exchange
CEO
Marillyn A. Hewson
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
521893632

LMT stock data

(
)
FINRA relative short interest over last month (20 trading days) ?

Calendar

22 Apr 20
29 May 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 15.65B 15.88B 15.17B 14.43B
Net income 1.72B 1.5B 1.61B 1.42B
Diluted EPS 6.08 5.29 5.66 5
Net profit margin 10.97% 9.43% 10.60% 9.84%
Operating income 2.12B 2.15B 2.11B 2.01B
Net change in cash 474M -1.03B 1.37B 176M
Cash on hand 1.99B 1.51B 2.54B 1.17B
Cost of revenue 13.56B 13.76B 13.11B 12.43B
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 59.81B 53.76B 49.96B 47.29B
Net income 6.23B 5.05B 1.96B 5.17B
Diluted EPS 21.95 17.59 6.75 17.07
Net profit margin 10.42% 9.39% 3.93% 10.94%
Operating income 8.55B 7.33B 6.74B 5.89B
Net change in cash 742M -2.09B 1.02B 747M
Cash on hand 1.51B 772M 2.86B 1.84B
Cost of revenue 51.45B 46.49B 43.59B 41.89B

Financial data from company earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
1 Apr 20 Ellis James O Jr Common Stock Sale back to company Dispose D 338.52 552.418 187K 0
1 Apr 20 Ellis James O Jr Common Stock Option exercise Aquire M 0 552.418 0 552.418
1 Apr 20 Ellis James O Jr Phantom Stock Units Common Stock Option exercise Dispose M 0 552.418 0 20,491.261
31 Mar 20 Vicki A. Hollub Phantom Stock Units Common Stock Grant Aquire A 0 118.38 0 387.79
31 Mar 20 David B Burritt Phantom Stock Units Common Stock Grant Aquire A 0 119.855 0 7,486.45
2 Mar 20 Joseph F Dunford Jr Phantom Stock Units Common Stock Grant Aquire A 0 355.098 0 355.098
27 Feb 20 John Frank A St RSU Common Stock Grant Aquire A 0 3,510 0 3,510
81.5% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 1691 1781 -5.1%
Opened positions 127 230 -44.8%
Closed positions 217 114 +90.4%
Increased positions 699 703 -0.6%
Reduced positions 667 600 +11.2%
13F shares
Current Prev Q Change
Total value 367.25B 417.31B -12.0%
Total shares 228.67M 225M +1.6%
Total puts 2.24M 2.13M +5.1%
Total calls 2.26M 2.09M +8.1%
Total put/call ratio 1.0 1.0 -2.7%
Largest owners
Shares Value Change
STT State Street 42.25M $14.32B -2.5%
Vanguard 23.26M $7.88B +2.5%
BLK BlackRock 18.43M $6.25B -0.4%
Capital World Investors 17.21M $5.83B +1.5%
Wellington Management 11.42M $3.87B +0.1%
Advisor 10.87M $48.66M NEW
BAC Bank of America 8.5M $2.88B +2.6%
Geode Capital Management 3.59M $1.22B -0.4%
Capital Research Global Investors 3.48M $1.18B -40.5%
Charles Schwab Investment Management 3.4M $1.15B +62.2%
Largest transactions
Shares Bought/sold Change
Advisor 10.87M +10.87M NEW
Capital Research Global Investors 3.48M -2.36M -40.5%
Johanson Financial Advisors 3.79K -1.39M -99.7%
Charles Schwab Investment Management 3.4M +1.3M +62.2%
Charles Schwab Investment Advisory 0 -1.2M EXIT
STT State Street 42.25M -1.08M -2.5%
GS The Goldman Sachs Group, Inc. 1.13M -911.78K -44.7%
Two Sigma Advisers 314.89K -637.7K -66.9%
Vanguard 23.26M +568.65K +2.5%
Adage Capital Partners GP, L.L.C. 1.03M +402.4K +64.4%

Financial report summary

?
Risks
  • ITEM 1A. Risk Factors
  • We depend heavily on contracts with the U.S. Government, including contracts related to the F-35 program, for a substantial portion of our business.
  • We are subject to a number of procurement laws and regulations, including the U.S. Government’s ability to terminate contracts for convenience. Our business and reputation could be adversely affected if we or those we do business with fail to comply with these laws.
  • Evolving U.S. Government procurement policies and increased emphasis on cost over performance could adversely affect our business.
  • We are routinely subject to audit by our customers on government contracts and the results of those audits could have an adverse effect on our business, reputation and results of operations.
  • Our profitability and cash flow may vary based on the mix of our contracts and programs, our performance, and our ability to control costs.
  • Increased competition and bid protests in a budget-constrained environment may make it more difficult to maintain our financial performance and customer relationships.
  • We are the prime contractor on most of our contracts and if our subcontractors, suppliers or teaming agreement or joint venture partners fail to perform their obligations, our performance and our ability to win future business could be harmed.
  • Our success depends, in part, on our ability to develop new technologies, products and services and efficiently produce and deliver existing products.
  • We may be unable to benefit fully from or adequately protect our intellectual property rights or use third-party intellectual property, which could negatively affect our business.
  • International sales may pose different political, economic, regulatory, competition and other risks.
  • Political issues and considerations, both in the U.S. and internationally, could have a significant effect on our business.
  • Our efforts to minimize the likelihood and impact of adverse cybersecurity incidents and to protect data and intellectual property may not be successful and our business could be negatively affected by cyber or other security threats or other disruptions.
  • If we fail to manage acquisitions, divestitures, equity investments and other transactions successfully or if acquired entities or equity investments fail to perform as expected, our financial results, business and future prospects could be harmed.
  • There can be no assurance that we will continue to increase our dividend or to repurchase shares of our common stock at current levels.
  • Our business involves significant risks and uncertainties that may not be covered by indemnity or insurance.
  • Pension funding and costs are dependent on several economic assumptions which if changed may cause our future earnings and cash flow to fluctuate significantly as well as affect the affordability of our products and services.
  • Environmental costs could adversely affect our future earnings as well as the affordability of our products and services.
  • We are involved in a number of legal proceedings. We cannot predict the outcome of litigation and other contingencies with certainty.
  • Our business and financial performance depends, in part, on our ability to identify, attract and retain a highly skilled workforce.
  • Our estimates and projections may prove to be inaccurate and certain of our assets may be at risk of future impairment.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: absenteeism, addressing, adequately, Aid, aimed, America, American, Artillery, ASR, Assembly, Australian, bargained, begun, British, broader, CAATSA, Canadian, Check, cleanup, collaborative, Committee, community, compel, competitor, contemplated, Countering, created, deferral, demonstrating, denied, desired, discontinuation, disease, Distributed, distribution, domestically, duration, economy, effort, euro, examination, exempt, experimental, explore, Facilitation, FACO, Guard, Guided, health, hospital, infection, inspection, interbank, IRS, Italy, Japan, JSE, jurisdictional, lead, led, legacy, Letter, LIBOR, license, located, London, LRIP, mandated, meet, met, modification, MRO, Naval, opportunity, outbreak, Overnight, Overview, pandemic, pause, Poland, polyfluoroalkyl, pound, prejudice, Promoting, reform, repeated, resurgence, retroactive, Rocket, role, safety, sanction, simulated, Simulation, small, smaller, SOFR, spread, stain, sterling, stoppage, successor, surpassed, Teflon, teleworking, temporarily, temporary, timeframe, timeline, travel, trillion, Trump, ubiquitously, unanticipated, uncertain, Undefinitized, undersea, understand, unforeseen, VWAP, widely, winding, wing, World, worsen
Removed: adding, annuity, apply, Combatant, commencement, comprised, consisting, converted, covering, decided, discovered, entering, enumerated, expedient, extend, GPS, group, hindsight, III, implementation, implicit, incremental, land, lease, leasing, list, modernization, multi, negative, obtain, optional, originally, Orion, pay, plant, portfolio, Positioning, precision, preliminary, preserve, rating, receivable, reducing, refund, reimburse, relevant, relieved, removing, rent, requirement, restated, returning, rework, ROU, separately, SOF, structured, subsidiary, terminate, underlying, unfunded, unrecoverable, wholly