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Lockheed Martin Corporation (LMT) |
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LMT's Net Income Growth by Quarter and Year
Lockheed Martin's Net Income results by quarter and year
Select the Comparisons :
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Select the Ratio:
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LMT Net Income (in millions $) |
FY 2023 |
FY 2022 |
FY 2021 |
FY 2020 |
IV Quarter |
December |
1,866.00
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1,912.00
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2,049.00
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1,792.00
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III Quarter |
September |
1,684.00
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1,778.00
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614.00
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1,698.00
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II Quarter |
June |
1,681.00
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309.00
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1,815.00
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1,626.00
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I Quarter |
March |
1,689.00
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1,733.00
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1,837.00
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1,717.00
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FY |
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6,920.00
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5,732.00
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6,315.00
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6,833.00
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LMT Net Income fourth quarter 2023 Y/Y Growth Comment |
Lockheed Martin Corporation reported decrease in Net Income in the fourth quarter 2023 by -2.41% to $ 1,866.00 millions, from the same quarter in 2022. The decrease in the fourth quarter 2023 Lockheed Martin Corporation's Net Income compares unfavorably to the Company's average Net Income increase of 14.61%.
Among companies who have reported fourth quarter 2023 results in the Aerospace & Defense industry only one Company has achieved higher year on year Net Income results in the fourth quarter 2023. While Lockheed Martin Corporation' s Net Income decline of -2.41% ranks overall at the positon no. 38 in the fourth quarter 2023.
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LMT Net Income ( Y/Y Growth %) |
2023
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2022 |
2021 |
2020 |
IV Quarter |
December |
-2.41 % |
-6.69 % |
14.34 % |
19.63 % |
III Quarter |
September |
-5.29 % |
189.58 % |
-63.84 % |
5.6 % |
II Quarter |
June |
444.01 % |
-82.98 % |
11.62 % |
14.51 % |
I Quarter |
March |
-2.54 % |
-5.66 % |
6.99 % |
0.76 % |
FY |
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20.73 % |
-9.23 % |
-7.58 % |
9.68 % |
LMT Net Income (Quarter on Quarter Growth %) |
2023
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2022 |
2021 |
2020 |
IV Quarter |
December |
10.81 % |
7.54 % |
233.71 % |
5.54 % |
III Quarter |
September |
0.18 % |
475.4 % |
-66.17 % |
4.43 % |
II Quarter |
June |
-0.47 % |
-82.17 % |
-1.2 % |
-5.3 % |
I Quarter |
March |
-11.66 % |
-15.42 % |
2.51 % |
14.62 % |
FY (Year on Year) |
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20.73 % |
-9.23 % |
-7.58 % |
9.68 % |
Net Income Y/Y Growth Statistics |
High |
Average |
Low |
152.05 % |
14.61 % |
-62.24 % |
(Dec 31 2018) |
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(Dec 31 2017) |
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Net Income Y/Y Growth Statistics |
High |
Average |
Low |
152.05 % |
14.61 % |
-62.24 % |
(Dec 31 2018) |
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(Dec 31 2017) |
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Net Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023 |
Lockheed Martin's Q/Q Net Income Growth
Net Income Q/Q Growth Statistics |
High |
Average |
Low |
475.4 % |
12.05 % |
-82.17 % |
(Sep 25 2022) |
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LMT's IV. Quarter Q/Q Net Income Comment |
Lockheed Martin Corporation achieved in the IV. Quarter 2023 below company average Net Income rise of 10.81% quarter on quarter, to $ 1,866.00 millions.
IV. Quarter 2023 Net Income sequential growth appear to be paradoxical, albeit beneath the regular increase of 12.05 %, yet it presents a quite acceleration relative to the 7.54% in the IV. Quarter 2022.
Within Aerospace & Defense industry Lockheed Martin Corporation achieved highest sequential Net Income growth. While Lockheed Martin's Net Income growth quarter on quarter, overall rank is 146. |
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Net Income Q/Q Growth Statistics |
High |
Average |
Low |
475.4 % |
12.05 % |
-82.17 % |
(Sep 25 2022) |
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LMT's IV. Quarter Q/Q Net Income Comment |
Lockheed Martin Corporation achieved in the IV. Quarter 2023 below company average Net Income rise of 10.81% quarter on quarter, to $ 1,866.00 millions.
Even if the IV. Quarter 2023 results were below the average of 12.05 %, that was yet good news, as the current surge, outshines the 7.54% Net Income rise in the same quarter a year ago
Within Aerospace & Defense industry Lockheed Martin Corporation achieved highest sequential Net Income growth. While Lockheed Martin's Net Income growth quarter on quarter, overall rank is 146. |
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Lockheed Martin's 12 Months Net Income Growth Year on Year
Net Income TTM Growth |
12 Months Ending (Dec 31 2023) |
12 Months Ending (Sep 24 2023) |
12 Months Ending (Jun 25 2023) |
12 Months Ending (Mar 26 2023) |
12 Months Ending (Dec 31 2022) |
Cumulative Net Income 12 Months Ending |
$ 6,920.00 |
$ 6,966.00 |
$ 7,060.00 |
$ 5,688.00 |
$ 5,732.00 |
Y / Y Net Income Growth (TTM) |
20.73 % |
18.69 % |
50.05 % |
-8.42 % |
-9.23 % |
Year on Year Net Income Growth Overall
Ranking |
# 45 |
# 31 |
# 51 |
# 43 |
# 1007 |
Seqeuential Net Income Change (TTM) |
-0.66 % |
-1.33 % |
24.12 % |
-0.77 % |
-2.33 % |
Seq. Net Income Growth (TTM) Overall
Ranking |
# 38 |
# 16 |
# 48 |
# 35 |
# 817 |
Cumulative Net Income growth
Comment |
Lockheed Martin saw improvement in Net Income growth trend, posting cumulative 12 months Net Income growth of 20.73% year on year, to $ 6,920 millions if the fiscal year would have ended in Dec 31 2023. Lockheed Martin's trailing twelve months Net Income growth was higher than company's average 14.61% and higher than 18.69% growth in Sep 24 2023. Company had also second best Net Income growth in Aerospace & Defense industry.
Among companies within the Capital Goods sector 6 other companies have achieved higher trailing twelve month Net Income growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 31 to 45. |
Net Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
152.05 % |
14.61 % |
-62.24 % |
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Net Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
152.05 % |
14.61 % |
-62.24 % |
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Net Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 2 |
Sector |
# 6 |
S&P 500 |
# 38 |
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Cumulative Net Income growth
Comment |
Lockheed Martin saw improvement in Net Income growth trend, posting cumulative 12 months Net Income growth of 20.73% year on year, to $ 6,920 millions if the fiscal year would have ended in Dec 31 2023. Lockheed Martin's trailing twelve months Net Income growth was higher than company's average 14.61% and higher than 18.69% growth in Sep 24 2023. Company had also second best Net Income growth in Aerospace & Defense industry.
Among companies within the Capital Goods sector 6 other companies have achieved higher trailing twelve month Net Income growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 31 to 45. |
Net Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
152.05 % |
14.61 % |
-62.24 % |
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Net Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
152.05 % |
14.61 % |
-62.24 % |
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Net Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 2 |
Sector |
# 6 |
S&P 500 |
# 38 |
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