DE vs. LMT: Deere vs. Lockheed Martin Stock Comparison
How do Deere (DE) and Lockheed Martin (LMT) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Deere (DE) and Lockheed Martin (LMT) both fall under the Capital Goods industry group, but DE is classified in Machinery while LMT is classified in Aerospace & Defense.
| Profile Item | DE | LMT |
|---|---|---|
| Name | Deere & Company | Lockheed Martin Corporation |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Machinery | Aerospace & Defense |
| GICS Sub-Industry | Agricultural & Farm Machinery | Aerospace & Defense |
| Market Capitalization | 182.20 billion USD | 120.98 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | June 1, 1972 | January 2, 1962 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DE | LMT |
|---|---|---|
| Total Return (1Y) | 43.60% | 14.23% |
| Total Return (3Y, Annualized) | 20.71% | 10.52% |
| Total Return (5Y, Annualized) | 14.73% | 11.62% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | DE | LMT |
|---|---|---|
| Volatility (1Y, Annualized) | 32.03% | 28.23% |
| Beta (5Y) | 0.87 | 0.08 |
| Max Drawdown (5Y) | -33.81% | -31.79% |
| Avg. Volume (3M) | 1.22M | 1.21M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DE | LMT |
|---|---|---|
| Sharpe Ratio (1Y) | 1.23 | 0.36 |
| Sortino Ratio (1Y) | 2.09 | 0.56 |
Profitability
ROE (TTM)
Lockheed Martin (LMT) at 89.17% clears its industry range for ROE, a sharper capital-efficiency signal than Deere (DE) at 18.24%, which is closer to a typical peer reading.
DE
Capital Goods industry group
18.24%
- Max
- 40.35%
- Q3
- 18.69%
- DE
- 18.24%
- Median
- 11.55%
- Q1
- 2.89%
- Min
- -19.86%
LMT
Capital Goods industry group
89.17%
- LMT
- 89.17%
- Max
- 40.35%
- Q3
- 18.69%
- Median
- 11.55%
- Q1
- 2.89%
- Min
- -19.86%
Net Margin (TTM)
Both Deere (DE) at 10.17% and Lockheed Martin (LMT) at 8.16% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
DE
Capital Goods industry group
10.17%
- Max
- 27.47%
- Q3
- 11.71%
- DE
- 10.17%
- Median
- 5.78%
- Q1
- 0.77%
- Min
- -14.15%
LMT
Capital Goods industry group
8.16%
- Max
- 27.47%
- Q3
- 11.71%
- LMT
- 8.16%
- Median
- 5.78%
- Q1
- 0.77%
- Min
- -14.15%
Operating Margin (TTM)
Deere (DE) at 17.48% operates in the top operating margin quartile, ahead of Lockheed Martin (LMT) at 11.96%, which runs around its industry’s norm.
DE
Capital Goods industry group
17.48%
- Max
- 35.46%
- DE
- 17.48%
- Q3
- 17.39%
- Median
- 10.58%
- Q1
- 4.59%
- Min
- -12.63%
LMT
Capital Goods industry group
11.96%
- Max
- 35.46%
- Q3
- 17.39%
- LMT
- 11.96%
- Median
- 10.58%
- Q1
- 4.59%
- Min
- -12.63%
Profitability Metrics
| Metric | DE | LMT |
|---|---|---|
| ROE (TTM) | 18.24% | 89.17% |
| ROA (TTM) | 3.76% | 8.64% |
| Net Margin (TTM) | 10.17% | 8.16% |
| Operating Margin (TTM) | 17.48% | 11.96% |
| Gross Margin (TTM) | 25.18% | 11.80% |
Growth
Revenue Growth
Lockheed Martin (LMT) at 5.64% is around its peer norm for revenue growth, while Deere (DE) at -11.59% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Lockheed Martin (LMT) at -3.68% is around its peer norm for EPS growth, while Deere (DE) at -27.79% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | DE | LMT |
|---|---|---|
| Revenue Growth (YoY) | -11.59% | 5.64% |
| Revenue Growth (3Y CAGR) | -4.50% | 4.38% |
| EPS Growth (YoY) | -27.79% | -3.68% |
| EPS Growth (3Y CAGR) | -7.37% | -0.26% |
Financial Strength
Current Ratio (MRQ)
Deere (DE) at 2.13 keeps current ratio within its industry’s typical mid-range, while Lockheed Martin (LMT) at 1.19 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for LMT.
DE
Capital Goods industry group
2.13
- Max
- 5.28
- Q3
- 2.99
- DE
- 2.13
- Median
- 2.09
- Q1
- 1.45
- Min
- 0.76
LMT
Capital Goods industry group
1.19
- Max
- 5.28
- Q3
- 2.99
- Median
- 2.09
- Q1
- 1.45
- LMT
- 1.19
- Min
- 0.76
Debt / Equity (MRQ)
Debt sits unusually high against shareholders’ equity for both Deere (DE) at 3.76 and Lockheed Martin (LMT) at 2.34 — each debt-to-equity ratio is above its industry benchmark range.
DE
Capital Goods industry group
3.76
- DE
- 3.76
- Max
- 2.15
- Q3
- 1.09
- Median
- 0.57
- Q1
- 0.27
- Min
- 0.00
LMT
Capital Goods industry group
2.34
- LMT
- 2.34
- Max
- 2.15
- Q3
- 1.09
- Median
- 0.57
- Q1
- 0.27
- Min
- 0.00
Financial Strength Metrics
| Metric | DE | LMT |
|---|---|---|
| Current Ratio (MRQ) | 2.13 | 1.19 |
| Debt / Equity (MRQ) | 3.76 | 2.34 |
| Net Debt / EBITDA | 4.61 | 1.73 |
Dividends
Dividend Yield (TTM)
Lockheed Martin (LMT) at 2.57% delivers top-quartile income for its industry, while Deere (DE) at 0.96% pays a more typical yield — both are credible income propositions, LMT the richer one.
DE
Capital Goods industry group
0.96%
- Max
- 2.75%
- Q3
- 1.11%
- DE
- 0.96%
- Median
- 0.18%
- Q1
- 0.00%
- Min
- 0.00%
LMT
Capital Goods industry group
2.57%
- Max
- 2.75%
- LMT
- 2.57%
- Q3
- 1.11%
- Median
- 0.18%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Deere (DE) at 36.02% and Lockheed Martin (LMT) at 50.33% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.
DE
Capital Goods industry group
36.02%
- Max
- 72.00%
- DE
- 36.02%
- Q3
- 28.86%
- Median
- 6.13%
- Q1
- 0.00%
- Min
- 0.00%
LMT
Capital Goods industry group
50.33%
- Max
- 72.00%
- LMT
- 50.33%
- Q3
- 28.86%
- Median
- 6.13%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DE | LMT |
|---|---|---|
| Dividend Yield (TTM) | 0.96% | 2.57% |
| Dividend Payout Ratio (TTM) | 36.02% | 50.33% |
Valuation
P/E Ratio (TTM)
Lockheed Martin (LMT) at 19.34 sits in the cheaper P/E ratio quartile, while Deere (DE) at 37.60 is closer to its industry’s usual earnings multiple — a discount for LMT, though growth and earnings durability still matter.
DE
Capital Goods industry group
37.60
- Max
- 66.10
- Q3
- 40.43
- DE
- 37.60
- Median
- 29.30
- Q1
- 21.19
- Min
- 1.09
LMT
Capital Goods industry group
19.34
- Max
- 66.10
- Q3
- 40.43
- Median
- 29.30
- Q1
- 21.19
- LMT
- 19.34
- Min
- 1.09
P/S Ratio (TTM)
On P/S ratio, both Deere (DE) at 3.80 and Lockheed Martin (LMT) at 1.57 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
DE
Capital Goods industry group
3.80
- Max
- 9.06
- Q3
- 4.40
- DE
- 3.80
- Median
- 2.41
- Q1
- 1.19
- Min
- 0.05
LMT
Capital Goods industry group
1.57
- Max
- 9.06
- Q3
- 4.40
- Median
- 2.41
- LMT
- 1.57
- Q1
- 1.19
- Min
- 0.05
P/B Ratio (MRQ)
Both look rich against book: Deere (DE) at 6.51 sits in the upper P/B ratio quartile, and Lockheed Martin (LMT) at 13.75 prices even higher, above its industry range.
DE
Capital Goods industry group
6.51
- Max
- 11.10
- DE
- 6.51
- Q3
- 5.63
- Median
- 3.31
- Q1
- 1.94
- Min
- -3.52
LMT
Capital Goods industry group
13.75
- LMT
- 13.75
- Max
- 11.10
- Q3
- 5.63
- Median
- 3.31
- Q1
- 1.94
- Min
- -3.52
Valuation Metrics
| Metric | DE | LMT |
|---|---|---|
| P/E Ratio (TTM) | 37.60 | 19.34 |
| P/S Ratio (TTM) | 3.80 | 1.57 |
| P/B Ratio (MRQ) | 6.51 | 13.75 |
| Free Cash Flow Yield (TTM) | 2.48% | 4.60% |