LMT vs. MMM: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at LMT and MMM, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
| Symbol | LMT | MMM |
|---|---|---|
| Company Name | Lockheed Martin Corporation | 3M Company |
| Country | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry | Aerospace & Defense | Industrial Conglomerates |
| Market Capitalization | 104.13 billion USD | 82.42 billion USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 2, 1962 | January 2, 1962 |
| Security Type | Common Stock | Common Stock |
Historical Performance
This chart compares the performance of LMT and MMM by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.
Historical Performance at a Glance
| Symbol | LMT | MMM |
|---|---|---|
| 5-Day Price Return | 1.98% | -1.21% |
| 13-Week Price Return | -5.72% | 0.40% |
| 26-Week Price Return | 2.59% | 4.05% |
| 52-Week Price Return | -20.13% | 21.77% |
| Month-to-Date Return | 5.94% | 3.71% |
| Year-to-Date Return | -8.22% | 19.88% |
| 10-Day Avg. Volume | 1.47M | 3.22M |
| 3-Month Avg. Volume | 1.66M | 3.45M |
| 3-Month Volatility | 30.65% | 23.14% |
| Beta | 0.26 | 1.04 |
Profitability
Return on Equity (TTM)
LMT
65.82%
Aerospace & Defense Industry
- Max
- 43.89%
- Q3
- 22.42%
- Median
- 12.50%
- Q1
- 5.21%
- Min
- -6.24%
LMT’s Return on Equity of 65.82% is exceptionally high, placing it well beyond the typical range for the Aerospace & Defense industry. This demonstrates a superior ability to generate profit from shareholder investments, though it could also be inflated by high financial leverage.
MMM
91.40%
Industrial Conglomerates Industry
- Max
- 21.93%
- Q3
- 14.23%
- Median
- 7.81%
- Q1
- 5.91%
- Min
- -3.58%
MMM’s Return on Equity of 91.40% is exceptionally high, placing it well beyond the typical range for the Industrial Conglomerates industry. This demonstrates a superior ability to generate profit from shareholder investments, though it could also be inflated by high financial leverage.
Net Profit Margin (TTM)
LMT
5.85%
Aerospace & Defense Industry
- Max
- 14.54%
- Q3
- 8.08%
- Median
- 6.17%
- Q1
- 2.49%
- Min
- -1.63%
LMT’s Net Profit Margin of 5.85% is aligned with the median group of its peers in the Aerospace & Defense industry. This indicates its ability to convert revenue into profit is typical for the sector.
MMM
16.01%
Industrial Conglomerates Industry
- Max
- 18.70%
- Q3
- 12.58%
- Median
- 9.26%
- Q1
- 3.87%
- Min
- -2.26%
A Net Profit Margin of 16.01% places MMM in the upper quartile for the Industrial Conglomerates industry, signifying strong profitability and more effective cost management than most of its peers.
Operating Profit Margin (TTM)
LMT
8.29%
Aerospace & Defense Industry
- Max
- 16.63%
- Q3
- 10.38%
- Median
- 8.29%
- Q1
- 6.21%
- Min
- 0.95%
LMT’s Operating Profit Margin of 8.29% is around the midpoint for the Aerospace & Defense industry, indicating that its efficiency in managing core business operations is typical for the sector.
MMM
19.46%
Industrial Conglomerates Industry
- Max
- 25.69%
- Q3
- 17.03%
- Median
- 12.85%
- Q1
- 8.81%
- Min
- -0.73%
An Operating Profit Margin of 19.46% places MMM in the upper quartile for the Industrial Conglomerates industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
Profitability at a Glance
| Symbol | LMT | MMM |
|---|---|---|
| Return on Equity (TTM) | 65.82% | 91.40% |
| Return on Assets (TTM) | 7.42% | 9.93% |
| Net Profit Margin (TTM) | 5.85% | 16.01% |
| Operating Profit Margin (TTM) | 8.29% | 19.46% |
| Gross Profit Margin (TTM) | 8.25% | 41.11% |
Financial Strength
Current Ratio (MRQ)
LMT
0.99
Aerospace & Defense Industry
- Max
- 3.09
- Q3
- 1.98
- Median
- 1.23
- Q1
- 1.03
- Min
- 0.02
LMT’s Current Ratio of 0.99 falls into the lower quartile for the Aerospace & Defense industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
MMM
1.72
Industrial Conglomerates Industry
- Max
- 2.19
- Q3
- 1.64
- Median
- 1.38
- Q1
- 1.13
- Min
- 0.61
MMM’s Current Ratio of 1.72 is in the upper quartile for the Industrial Conglomerates industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.
Debt-to-Equity Ratio (MRQ)
LMT
4.06
Aerospace & Defense Industry
- Max
- 1.70
- Q3
- 1.04
- Median
- 0.68
- Q1
- 0.41
- Min
- 0.00
With a Debt-to-Equity Ratio of 4.06, LMT operates with exceptionally high leverage compared to the Aerospace & Defense industry norm. This suggests an aggressive reliance on debt financing, which can magnify returns but also significantly elevates financial risk.
MMM
3.06
Industrial Conglomerates Industry
- Max
- 2.27
- Q3
- 1.47
- Median
- 0.99
- Q1
- 0.66
- Min
- 0.21
With a Debt-to-Equity Ratio of 3.06, MMM operates with exceptionally high leverage compared to the Industrial Conglomerates industry norm. This suggests an aggressive reliance on debt financing, which can magnify returns but also significantly elevates financial risk.
Interest Coverage Ratio (TTM)
LMT
7.49
Aerospace & Defense Industry
- Max
- 36.57
- Q3
- 19.90
- Median
- 7.04
- Q1
- 2.40
- Min
- -7.63
LMT’s Interest Coverage Ratio of 7.49 is positioned comfortably within the norm for the Aerospace & Defense industry, indicating a standard and healthy capacity to cover its interest payments.
MMM
-15.31
Industrial Conglomerates Industry
- Max
- 11.17
- Q3
- 8.02
- Median
- 5.88
- Q1
- 2.73
- Min
- -2.15
MMM has a negative Interest Coverage Ratio of -15.31. This indicates that its earnings were insufficient to cover even its operational costs, let alone its interest payments, signaling significant financial distress.
Financial Strength at a Glance
| Symbol | LMT | MMM |
|---|---|---|
| Current Ratio (MRQ) | 0.99 | 1.72 |
| Quick Ratio (MRQ) | 0.83 | 1.12 |
| Debt-to-Equity Ratio (MRQ) | 4.06 | 3.06 |
| Interest Coverage Ratio (TTM) | 7.49 | -15.31 |
Growth
Revenue Growth
EPS Growth
Dividend
Dividend Yield (TTM)
LMT
2.99%
Aerospace & Defense Industry
- Max
- 2.03%
- Q3
- 1.22%
- Median
- 0.43%
- Q1
- 0.00%
- Min
- 0.00%
LMT’s Dividend Yield of 2.99% is exceptionally high, placing it well above the typical range for the Aerospace & Defense industry. While this may seem attractive, an unusually high yield can sometimes be a warning sign, reflecting a falling stock price or market concerns about the dividend’s sustainability.
MMM
1.88%
Industrial Conglomerates Industry
- Max
- 10.17%
- Q3
- 5.53%
- Median
- 3.14%
- Q1
- 1.88%
- Min
- 0.00%
MMM’s Dividend Yield of 1.88% is in the lower quartile for the Industrial Conglomerates industry. This suggests the company’s strategy likely favors retaining earnings for growth over providing a high dividend income.
Dividend Payout Ratio (TTM)
LMT
73.60%
Aerospace & Defense Industry
- Max
- 83.87%
- Q3
- 49.90%
- Median
- 16.48%
- Q1
- 0.00%
- Min
- 0.00%
LMT’s Dividend Payout Ratio of 73.60% is in the upper quartile for the Aerospace & Defense industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.
MMM
39.27%
Industrial Conglomerates Industry
- Max
- 181.91%
- Q3
- 95.57%
- Median
- 50.60%
- Q1
- 35.01%
- Min
- 1.76%
MMM’s Dividend Payout Ratio of 39.27% is within the typical range for the Industrial Conglomerates industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
Dividend at a Glance
| Symbol | LMT | MMM |
|---|---|---|
| Dividend Yield (TTM) | 2.99% | 1.88% |
| Dividend Payout Ratio (TTM) | 73.60% | 39.27% |
Valuation
Price-to-Earnings Ratio (TTM)
LMT
24.64
Aerospace & Defense Industry
- Max
- 65.97
- Q3
- 54.11
- Median
- 34.53
- Q1
- 23.66
- Min
- 0.00
LMT’s P/E Ratio of 24.64 is within the middle range for the Aerospace & Defense industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
MMM
20.92
Industrial Conglomerates Industry
- Max
- 36.98
- Q3
- 22.09
- Median
- 12.18
- Q1
- 8.93
- Min
- 5.63
MMM’s P/E Ratio of 20.92 is within the middle range for the Industrial Conglomerates industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
Price-to-Sales Ratio (TTM)
LMT
1.44
Aerospace & Defense Industry
- Max
- 8.07
- Q3
- 4.49
- Median
- 2.42
- Q1
- 1.39
- Min
- 0.00
LMT’s P/S Ratio of 1.44 aligns with the market consensus for the Aerospace & Defense industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
MMM
3.35
Industrial Conglomerates Industry
- Max
- 3.60
- Q3
- 2.10
- Median
- 0.68
- Q1
- 0.42
- Min
- 0.11
MMM’s P/S Ratio of 3.35 is in the upper echelon for the Industrial Conglomerates industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
Price-to-Book Ratio (MRQ)
LMT
20.34
Aerospace & Defense Industry
- Max
- 13.67
- Q3
- 7.92
- Median
- 4.65
- Q1
- 2.68
- Min
- 0.82
At 20.34, LMT’s P/B Ratio is at an extreme premium to the Aerospace & Defense industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.
MMM
18.90
Industrial Conglomerates Industry
- Max
- 4.89
- Q3
- 2.51
- Median
- 1.06
- Q1
- 0.60
- Min
- 0.27
At 18.90, MMM’s P/B Ratio is at an extreme premium to the Industrial Conglomerates industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.
Valuation at a Glance
| Symbol | LMT | MMM |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 24.64 | 20.92 |
| Price-to-Sales Ratio (TTM) | 1.44 | 3.35 |
| Price-to-Book Ratio (MRQ) | 20.34 | 18.90 |
| Price-to-Free Cash Flow Ratio (TTM) | 20.78 | 30.86 |