LMT vs. MLI: Lockheed Martin vs. Mueller Industries Stock Comparison
How do Lockheed Martin (LMT) and Mueller Industries (MLI) 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
Lockheed Martin (LMT) and Mueller Industries (MLI) both fall under the Capital Goods industry group, but LMT is classified in Aerospace & Defense while MLI is classified in Machinery.
| Profile Item | LMT | MLI |
|---|---|---|
| Name | Lockheed Martin Corporation | Mueller Industries, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Aerospace & Defense | Machinery |
| GICS Sub-Industry | Aerospace & Defense | Industrial Machinery & Supplies & Components |
| Market Capitalization | 131.00 billion USD | 11.54 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 2, 1962 | February 25, 1991 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | LMT | MLI |
|---|---|---|
| Total Return (1Y) | 31.17% | 3.68% |
| Total Return (3Y, Annualized) | 12.79% | 44.56% |
| Total Return (5Y, Annualized) | 14.65% | 32.39% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | LMT | MLI |
|---|---|---|
| Volatility (1Y, Annualized) | 31.09% | 34.44% |
| Beta (5Y) | 0.10 | 1.01 |
| Max Drawdown (5Y) | -31.79% | -27.79% |
| Avg. Volume (3M) | 1.29M | 1.61M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | LMT | MLI |
|---|---|---|
| Sharpe Ratio (1Y) | 0.86 | -0.02 |
| Sortino Ratio (1Y) | 1.38 | -0.02 |
Profitability
ROE (TTM)
Both companies show strong equity returns, but Lockheed Martin (LMT) at 80.19% is the standout with ROE above its industry range; Mueller Industries (MLI) at 26.26% also sits in the top quartile.
LMT
Capital Goods industry group
80.19%
- LMT
- 80.19%
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
MLI
Capital Goods industry group
26.26%
- Max
- 40.55%
- MLI
- 26.26%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
Mueller Industries (MLI) at 17.27% retains a top-quartile share of revenue as profit, ahead of Lockheed Martin (LMT) at 8.23%, which keeps about the industry-typical share.
LMT
Capital Goods industry group
8.23%
- Max
- 27.47%
- Q3
- 12.10%
- LMT
- 8.23%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
MLI
Capital Goods industry group
17.27%
- Max
- 27.47%
- MLI
- 17.27%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Mueller Industries (MLI) at 19.53% operates in the top operating margin quartile, ahead of Lockheed Martin (LMT) at 11.41%, which runs around its industry’s norm.
LMT
Capital Goods industry group
11.41%
- Max
- 36.60%
- Q3
- 18.33%
- LMT
- 11.41%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
MLI
Capital Goods industry group
19.53%
- Max
- 36.60%
- MLI
- 19.53%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | LMT | MLI |
|---|---|---|
| ROE (TTM) | 80.19% | 26.26% |
| ROA (TTM) | 8.58% | 16.23% |
| Net Margin (TTM) | 8.23% | 17.27% |
| Operating Margin (TTM) | 11.41% | 19.53% |
| Gross Margin (TTM) | 11.73% | 27.25% |
Growth
Revenue Growth
Both Lockheed Martin (LMT) at 5.64% and Mueller Industries (MLI) at 10.87% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Lockheed Martin (LMT) at -3.68% and Mueller Industries (MLI) at 29.19% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | LMT | MLI |
|---|---|---|
| Revenue Growth (YoY) | 5.64% | 10.87% |
| Revenue Growth (3Y CAGR) | 4.38% | 1.62% |
| EPS Growth (YoY) | -3.68% | 29.19% |
| EPS Growth (3Y CAGR) | -0.26% | 5.63% |
Financial Strength
Current Ratio (MRQ)
Mueller Industries (MLI) at 4.39 carries current ratio above its industry’s typical mid-range, while Lockheed Martin (LMT) at 1.26 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.
LMT
Capital Goods industry group
1.26
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- LMT
- 1.26
- Min
- 0.36
MLI
Capital Goods industry group
4.39
- Max
- 5.22
- MLI
- 4.39
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
Debt / Equity (MRQ)
Mueller Industries (MLI) at 0.01 keeps leverage in the lower quartile, while Lockheed Martin (LMT) at 2.04 sits in the higher-leverage quartile.
LMT
Capital Goods industry group
2.04
- Max
- 2.33
- LMT
- 2.04
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
MLI
Capital Goods industry group
0.01
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- MLI
- 0.01
- Min
- 0.00
Financial Strength Metrics
| Metric | LMT | MLI |
|---|---|---|
| Current Ratio (MRQ) | 1.26 | 4.39 |
| Debt / Equity (MRQ) | 2.04 | 0.01 |
| Net Debt / EBITDA | 1.47 | -1.31 |
Dividends
Dividend Yield (TTM)
Both Lockheed Martin (LMT) at 2.40% and Mueller Industries (MLI) at 1.24% offer top-quartile dividend income relative to share price within their industries.
LMT
Capital Goods industry group
2.40%
- Max
- 2.66%
- LMT
- 2.40%
- Q3
- 1.14%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
MLI
Capital Goods industry group
1.24%
- Max
- 2.66%
- MLI
- 1.24%
- Q3
- 1.14%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Mueller Industries (MLI) at 16.67% pays out a band-typical share of earnings, while Lockheed Martin (LMT) at 49.01% distributes more than its industry norm — less retained, thinner cover.
LMT
Capital Goods industry group
49.01%
- Max
- 67.39%
- LMT
- 49.01%
- Q3
- 28.02%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
MLI
Capital Goods industry group
16.67%
- Max
- 67.39%
- Q3
- 28.02%
- MLI
- 16.67%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | LMT | MLI |
|---|---|---|
| Dividend Yield (TTM) | 2.40% | 1.24% |
| Dividend Payout Ratio (TTM) | 49.01% | 16.67% |
Valuation
P/E Ratio (TTM)
Mueller Industries (MLI) at 13.58 sits in the cheaper P/E ratio quartile, while Lockheed Martin (LMT) at 20.14 is closer to its industry’s usual earnings multiple — a discount for MLI, though growth and earnings durability still matter.
LMT
Capital Goods industry group
20.14
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- LMT
- 20.14
- Q1
- 19.47
- Min
- 3.03
MLI
Capital Goods industry group
13.58
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- MLI
- 13.58
- Min
- 3.03
P/S Ratio (TTM)
On P/S ratio, both Lockheed Martin (LMT) at 1.66 and Mueller Industries (MLI) at 2.31 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
LMT
Capital Goods industry group
1.66
- Max
- 7.54
- Q3
- 3.76
- Median
- 2.15
- LMT
- 1.66
- Q1
- 1.03
- Min
- 0.03
MLI
Capital Goods industry group
2.31
- Max
- 7.54
- Q3
- 3.76
- MLI
- 2.31
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
Mueller Industries (MLI) at 0.33 sits in the lower P/B ratio quartile relative to book while Lockheed Martin (LMT) at 12.96 prices above its industry range — a wide valuation gap against assets.
LMT
Capital Goods industry group
12.96
- LMT
- 12.96
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
MLI
Capital Goods industry group
0.33
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- MLI
- 0.33
- Min
- -1.08
Valuation Metrics
| Metric | LMT | MLI |
|---|---|---|
| P/E Ratio (TTM) | 20.14 | 13.58 |
| P/S Ratio (TTM) | 1.66 | 2.31 |
| P/B Ratio (MRQ) | 12.96 | 0.33 |
| Free Cash Flow Yield (TTM) | 4.31% | 4.65% |