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Lockheed Martin Corporation  (LMT)
Other Ticker:  
 
    Sector  Capital Goods    Industry Aerospace & Defense
   Industry Aerospace & Defense
   Sector  Capital Goods


Lockheed Martin's ROA from the fourth quarter of 2023 to the fourth quarter of 2022 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Lockheed Martin's ROA in the fourth quarter of 2023?
Lockheed Martin Corporation achieved a return on average assets (ROA) of 13.56 % in its fourth quarter of 2023, this is above LMT's average return on assets of 9.61%.
Lockheed Martin Corporations assets during the 12 months ending in the fourth quarter of 2023 are valued at $51 billion

ROA fell compared to the third quarter of 2023, despite the net income growth of 10.81% from the third quarter of 2023.

However, within the Capital Goods sector 38 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Dec 31 2023 quarter, so far to 301, from total ROA ranking in the third quarter of 2023 at 441.

What is ROA?


Return On Assets (Dec 31 2023)
IV. Quarter
(Sep 24 2023)
III. Quarter
(Jun 25 2023)
II. Quarter
(Mar 26 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Total Assets Change 0.75 % 5.89 % 6.89 % 3.33 % 1.14 %
Y / Y Net Income Change -2.41 % -5.29 % 444.01 % -2.54 % -6.69 %
Net Income (TTM) in million 6,920 6,966 7,060 5,688 5,732
Return On Assets (TTM) 13.56 % 13.67 % 14.05 % 11.52 % 11.7 %
LMT's Total Ranking # 301 # 441 # 453 # 637 # 743
Total Assets (TTM) in million 49,503 51,793 52,460 50,447 49,136
Seq. Total Assets Change -4.42 % -1.27 % 3.99 % 2.67 % 0.45 %
Seq. Net Income Change 10.81 % 0.18 % -0.47 % -11.66 % 7.54 %



Return On Assets Company Ranking
Within: No.
Industry # 2
Sector # 39
Overall # 300

Return On Assets Statistics
High Average Low
13.93 %
9.61 %
4.15 %
(Jun 27 2021)   (Dec 31 2017)





Financial Statements
Lockheed Martin's Assets $ 49,503 million LMT's Balance sheet
Lockheed Martin's Income $ 1,866 million Quarterly LMT's Income Statement
LMT's Income by Division See LMT's Income by Division



Annual Return On Assets (Dec 31 2023)
FY 2023
(Dec 31 2022)
FY 2022
(Dec 31 2021)
FY 2021
(Dec 31 2020)
FY 2020
(Dec 31 2019)
FY 2019
Y / Y Total Assets Change 0.75 % 1.14 % 2.85 % -0.62 % 5.91 %
Total Assets in million 49,503 49,136 48,583 47,235 47,528
Y / Y Net Income Change 20.73 % -9.23 % -7.58 % 9.68 % 23.46 %
Net Income in million 6,920 5,732 6,315 6,833 6,230
Return On Assets 13.98 % 11.67 % 13 % 14.47 % 13.11 %




Comment on LMT's ROA in the fiscal year ending 2023
In the fiscal year 2023 ROA improved to 13.98 % compared to prior year, due to annual net income growth of 20.73 % to $6,920.00 million, while value of Lockheed Martin's overall assets grew just by 0.75 % to $49,503.00 million, compared to $49,503.00 a year before.


More Return On Assets Ratios
LMT's' Return on Assets at Yahoo Finance
Aerospace & Defense Industry Return On Assets Trends and Statistics
Capital Goods Sector Roa Statistics
Roa Trends for overall market
LMT's Roa Ratio versus Aerospace & Defense Industry, Capital Goods Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for LMT's Competitors
Roa for Lockheed Martin's Suppliers
Return On Assets for LMT's Customers

You may also want to know
LMT's Roi LMT's Inventory Turnover Ratio LMT's Growth Rates LMT's Dividend Comparisons
LMT's Profitability Ratios LMT's Asset Turnover Ratio LMT's Dividend Growth
LMT's Roe LMT's Valuation Ratios LMT's Financial Strength Ratios LMT's Dividend Payout Ratio



Companies with similar Return On Assets at Dec 31 2023, within Capital Goods Sector ROA
Spectrum Brands Holdings Inc   33.30 %
Nvr Inc   25.15 %
Atkore Inc   23.08 %
John Bean Technologies Corporation  22.05 %
Marine Products Corporation  21.80 %
Dover Corporation  21.24 %
Axcelis Technologies Inc  21.02 %
Lennox International Inc   20.63 %
Asml Holding Nv  19.62 %
Nextracker Inc   19.53 %
Aaon Inc   19.29 %
Graco Inc   19.02 %
Illinois Tool Works Inc  18.93 %
Lam Research Corporation  18.36 %
Hudson Technologies Inc  17.76 %
Wabash National Corporation  17.03 %
Pultegroup Inc  16.83 %
Advanced Drainage Systems Inc   16.46 %
Lincoln Electric Holdings Inc  16.44 %
Greystone Logistics Inc   16.34 %
Watsco Inc   16.19 %
Blue Bird Corporation  15.28 %
Oil dri Corporation Of America  15.25 %
Terex Corp  15.04 %
Sci Engineered Materials inc   14.88 %
Taylor Devices Inc  14.86 %
D r Horton Inc   14.78 %
Snap on Inc  14.17 %
Ies Holdings Inc   14.12 %
Applied Industrial Technologies Inc   13.76 %


Date modified: 2024-01-25T21:12:55+00:00


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