|
Lockheed Martin Corporation (LMT) |
|
|
|
Lockheed Martin Asset Turnover Ratio
Quarterly Results, Trends, Rankings, Statistics
Lockheed Martin's asset turnover ratio, the ratio that measures the ability of Lockheed Martin's assets to generate revenue, sequentially decreased to 1.32 in the fourth quarter (Dec 31 2023), which does not come as a surprise, as the Lockheed Martin continue to experience difficult business climate.
Within sector Lockheed Martin Corporation achieved the highest asset turnover ratio. While ranking the asset turnover ratio, among all other companies, it is fair to say, that the company's position has deteriorated in the Forth Quarter 2023 compared to the preceding quarter from 110 to 311.
What is Asset Turnover Ratio?
What is Lockheed Martin Corporation Market Share?
Select the Comparisons :
|
|
Select the Ratio:
|
|
LMT Asset Turnover Ratio |
(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 Asset Change |
0.75 % |
5.89 % |
6.89 % |
3.33 % |
1.14 % |
Y / Y Revenue Change |
-0.62 % |
1.78 % |
8.07 % |
1.08 % |
7.12 % |
Asset Turnover Ratio (TTM) |
1.32 |
1.33 |
1.34 |
1.34 |
1.35 |
LMT's Total
Ranking |
# 311 |
# 110 |
# 89 |
# 520 |
# 492 |
Seq. Asset Change |
-4.42 % |
-1.27 % |
3.99 % |
2.67 % |
0.45 % |
Seq. Revenue Change |
11.83 % |
1.11 % |
10.36 % |
-20.35 % |
14.52 % |
Asset Turnover Ratio Statistics |
High |
Average |
Low |
29.62 |
12.68 |
5.28 |
(Dec 31 2021) |
|
(Mar 26 2017) |
Companies with similar Asset Turnover Ratio for the quarter ending Dec 31 2023, within Capital Goods Sector | Asset Turnover Ratio | Revenues for 12 Months ending Dec 31 2023 | Assets at quarter ending Dec 31 2023 | Blue Bird Corporation | 3.03 | $ 1,214.894 Millions | $ 400.851 Millions | Energy Services Of America Corporation | 2.66 | $ 343.235 Millions | $ 129.012 Millions | Ies Holdings Inc | 2.56 | $ 2,436.797 Millions | $ 953.109 Millions | Myr Group Inc | 2.44 | $ 3,643.397 Millions | $ 1,491.130 Millions | Fluor Corporation | 2.29 | $ 15,573.000 Millions | $ 6,796.500 Millions | Emcor Group Inc | 2.06 | $ 12,582.339 Millions | $ 6,095.623 Millions | Marine Products Corporation | 2.00 | $ 383.379 Millions | $ 191.247 Millions | Hyster yale Materials Handling Inc | 1.97 | $ 4,118.300 Millions | $ 2,085.350 Millions | Miller Industries inc | 1.92 | $ 1,152.854 Millions | $ 599.944 Millions | Matrix Service Co | 1.90 | $ 765.450 Millions | $ 403.391 Millions | Wabash National Corporation | 1.86 | $ 2,536.187 Millions | $ 1,361.586 Millions | Watsco Inc | 1.86 | $ 7,283.767 Millions | $ 3,917.969 Millions | Sci Engineered Materials inc | 1.85 | $ 27.252 Millions | $ 14.740 Millions | Limbach Holdings Inc | 1.82 | $ 516.350 Millions | $ 284.410 Millions | Ferguson Plc | 1.81 | $ 28,346.000 Millions | $ 15,671.250 Millions | Flux Power Holdings Inc | 1.81 | $ 65.928 Millions | $ 36.480 Millions | Nextracker Inc | 1.75 | $ 3,152.093 Millions | $ 1,801.309 Millions | Lennox International Inc | 1.74 | $ 4,981.900 Millions | $ 2,860.025 Millions | Comfort Systems Usa inc | 1.71 | $ 5,206.760 Millions | $ 3,050.197 Millions | Applied Industrial Technologies Inc | 1.64 | $ 4,461.452 Millions | $ 2,721.312 Millions | Dream Finders Homes Inc | 1.57 | $ 3,748.586 Millions | $ 2,385.878 Millions | United Homes Group Inc | 1.55 | $ 420.726 Millions | $ 271.531 Millions | Primoris Services Corporation | 1.54 | $ 5,714.491 Millions | $ 3,718.836 Millions | Nvr Inc | 1.50 | $ 9,518.202 Millions | $ 6,329.175 Millions | Oil dri Corporation Of America | 1.50 | $ 427.952 Millions | $ 285.363 Millions | Terex Corp | 1.50 | $ 5,151.500 Millions | $ 3,443.250 Millions | Siteone Landscape Supply Inc | 1.49 | $ 4,301.200 Millions | $ 2,880.875 Millions | Installed Building Products Inc | 1.48 | $ 2,777.700 Millions | $ 1,879.441 Millions | Granite Construction Incorporated | 1.43 | $ 3,508.399 Millions | $ 2,461.957 Millions | Thor Industries Inc | 1.41 | $ 10,324.973 Millions | $ 7,303.273 Millions |
|