Lockheed Martin Revenue, Profits - LMT Annual Income Statement

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$339.34 $3.54 (1.05%) LMT stock closing price Sep 17, 2018 (Closing)

Stock analysis based on fundamentals means looking at financial statements in addition to the Lockheed Martin stock price. The income statement is a summary of the revenue or sales, expenses and profitability - shown as Net Income, or lack of it. The income statement is always for an accounting period, typically for a year or quarter, and affects the stock. In this case, the LMT stock is bound to reflect the impact of the YOY growth of 8.04%. Revenue for year 2017 is $51.05B and has increased from $47.25B year on year as is evident when you compare the latest figures in the latest Lockheed Martin profit and loss statement with those of the prior corresponding period. Also see Lockheed Martin assets and Lockheed Martin free cash flow for a complete valuation of LMT stock.

View revenue and profit details for latest and last 10 financial years.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Lockheed Martin Revenues or Net Sales
51.05B47.25B46.13B45.6B45.36B47.18B46.5B45.8B45.19B42.73B
Cost Of Goods Sold (COGS)45.5B42.19B40.93B40.35B41.17B42.99B42.8B41.97B40.97B38.08B
Lockheed Martin Gross Profit
5.55B5.06B5.2B5.26B4.19B4.2B3.7B3.84B4.22B4.65B
Research & Development Expense----------
Selling General & Admin Expense-373M-487M-236M-337M-318M-238M-276M-261M-242M-482M
Income Before Depreciation Depletion Amortization5.92B5.55B5.44B5.59B4.51B4.43B3.98B4.1B4.47B5.13B
Depreciation Depletion Amortization----------
Non Operating Income-1M-30M6M-21M5M74M123M-88M
Interest Expense651M663M443M340M350M383M354M345M305M341M
Lockheed Martin Pretax Income
5.27B4.89B5.02B5.26B4.16B4.07B3.63B3.83B4.28B4.7B
Provision for Income Taxes3.34B1.13B1.42B1.64B1.21B1.33B964M1.18B1.26B1.49B
MinorityInterest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations1.93B3.75B3.61B3.61B2.95B2.75B2.67B2.65B3.02B3.22B
Extraordinary Items & Discontinued Operations73M1.55B--31M--12M281M--
Lockheed Martin Profit/ Loss (Net Income)
2B5.3B3.61B3.61B2.98B2.75B2.66B2.93B3.02B3.22B
Average Shares used to compute Diluted EPS290.6M303.1M314.7M322.4M326.5M328.4M339.9M368.2M388.9M409.4M
Average Shares used to compute Basic EPS287.8M299.3M310.3M316.8M320.9M323.7M335.9M364.2M384.8M399.7M
Income Before Nonrecurring Items3.84B3.75B3.63B3.68B3.55B2.78B2.8B2.67B3.02B3.16B
Income from Nonrecurring Items-1.91B--23.32M-62M-604M-31M-129M-27M-55.9M
Lockheed Martin Earnings Per Share Basic Net
6.9617.7111.6211.419.298.487.908.037.868.05
Lockheed Martin Earnings Per Share Diluted Net
6.8917.4911.4611.219.138.367.817.947.787.86
EPS Diluted Before Nonrecurring Items13.3312.3811.5311.4010.898.458.237.267.787.72
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common7.466.776.155.494.784.153.252.642.341.83
All figures in USD. M: Millions of USD, B: Billions of USD.
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Before investing one should read a report on Lockheed Martin stock analysis. It helps to look at the following income statement items:

  • Top line: The word topline comes from the fact that the first line of an income statement refers to sales numbers. If you check you will find that LMT stock has a topline or revenue of $51.05B for 2017 as per this Lockheed Martin revenue chart. Investors look for stocks with a growing top line.
  • Bottom line: This refers to the last line in a profit and loss statement and denotes the net profit or loss for a particular period. The figure currently stands at $2B for Lockheed Martin for 2017. This figure is arrived at after deducting all operating expenses, interest, and taxes from revenue.

The income statement is also called statement of revenue and expense. The LMT financials along with Lockheed Martin historical stock prices provide a lot of details about the firm.

Lockheed Martin Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
37.46
PS Ratio (price sales ratio)
1.85
Operating Margin
13.4
Net Profit Margin
8.7
Dividend Yield
2.3%

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