LMT vs. NOC: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at LMT and NOC, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
| Symbol | LMT | NOC |
|---|---|---|
| Company Name | Lockheed Martin Corporation | Northrop Grumman Corporation |
| Country | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry | Aerospace & Defense | Aerospace & Defense |
| Market Capitalization | 109.35 billion USD | 79.76 billion USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 2, 1962 | December 31, 1981 |
| Security Type | Common Stock | Common Stock |
Historical Performance
This chart compares the performance of LMT and NOC 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 | NOC |
|---|---|---|
| 5-Day Price Return | 3.02% | -0.88% |
| 13-Week Price Return | 6.45% | -4.45% |
| 26-Week Price Return | 1.29% | 18.55% |
| 52-Week Price Return | -16.49% | 7.22% |
| Month-to-Date Return | -5.31% | -4.36% |
| Year-to-Date Return | -4.15% | 18.90% |
| 10-Day Avg. Volume | 1.32M | 0.70M |
| 3-Month Avg. Volume | 1.56M | 0.76M |
| 3-Month Volatility | 16.93% | 17.09% |
| Beta | 0.26 | 0.06 |
Profitability
Return on Equity (TTM)
LMT
68.48%
Aerospace & Defense Industry
- Max
- 43.89%
- Q3
- 23.64%
- Median
- 12.98%
- Q1
- 8.07%
- Min
- -2.55%
LMT’s Return on Equity of 68.48% 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.
NOC
26.04%
Aerospace & Defense Industry
- Max
- 43.89%
- Q3
- 23.64%
- Median
- 12.98%
- Q1
- 8.07%
- Min
- -2.55%
In the upper quartile for the Aerospace & Defense industry, NOC’s Return on Equity of 26.04% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
Net Profit Margin (TTM)
LMT
5.73%
Aerospace & Defense Industry
- Max
- 14.96%
- Q3
- 9.50%
- Median
- 6.59%
- Q1
- 4.45%
- Min
- 1.01%
LMT’s Net Profit Margin of 5.73% 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.
NOC
9.82%
Aerospace & Defense Industry
- Max
- 14.96%
- Q3
- 9.50%
- Median
- 6.59%
- Q1
- 4.45%
- Min
- 1.01%
A Net Profit Margin of 9.82% places NOC in the upper quartile for the Aerospace & Defense industry, signifying strong profitability and more effective cost management than most of its peers.
Operating Profit Margin (TTM)
LMT
8.31%
Aerospace & Defense Industry
- Max
- 17.97%
- Q3
- 12.09%
- Median
- 9.29%
- Q1
- 6.41%
- Min
- -1.59%
LMT’s Operating Profit Margin of 8.31% is around the midpoint for the Aerospace & Defense industry, indicating that its efficiency in managing core business operations is typical for the sector.
NOC
10.58%
Aerospace & Defense Industry
- Max
- 17.97%
- Q3
- 12.09%
- Median
- 9.29%
- Q1
- 6.41%
- Min
- -1.59%
NOC’s Operating Profit Margin of 10.58% is around the midpoint for the Aerospace & Defense industry, indicating that its efficiency in managing core business operations is typical for the sector.
Profitability at a Glance
| Symbol | LMT | NOC |
|---|---|---|
| Return on Equity (TTM) | 68.48% | 26.04% |
| Return on Assets (TTM) | 7.26% | 8.18% |
| Net Profit Margin (TTM) | 5.73% | 9.82% |
| Operating Profit Margin (TTM) | 8.31% | 10.58% |
| Gross Profit Margin (TTM) | 8.25% | 19.42% |
Financial Strength
Current Ratio (MRQ)
LMT
1.13
Aerospace & Defense Industry
- Max
- 3.37
- Q3
- 2.01
- Median
- 1.22
- Q1
- 1.07
- Min
- 0.68
LMT’s Current Ratio of 1.13 aligns with the median group of the Aerospace & Defense industry, indicating that its short-term liquidity is in line with its sector peers.
NOC
1.11
Aerospace & Defense Industry
- Max
- 3.37
- Q3
- 2.01
- Median
- 1.22
- Q1
- 1.07
- Min
- 0.68
NOC’s Current Ratio of 1.11 aligns with the median group of the Aerospace & Defense industry, indicating that its short-term liquidity is in line with its sector peers.
Debt-to-Equity Ratio (MRQ)
LMT
3.59
Aerospace & Defense Industry
- Max
- 1.89
- Q3
- 0.99
- Median
- 0.63
- Q1
- 0.39
- Min
- 0.03
With a Debt-to-Equity Ratio of 3.59, 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.
NOC
0.98
Aerospace & Defense Industry
- Max
- 1.89
- Q3
- 0.99
- Median
- 0.63
- Q1
- 0.39
- Min
- 0.03
NOC’s Debt-to-Equity Ratio of 0.98 is typical for the Aerospace & Defense industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
Interest Coverage Ratio (TTM)
LMT
7.49
Aerospace & Defense Industry
- Max
- 29.86
- Q3
- 19.49
- Median
- 7.09
- Q1
- 2.62
- 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.
NOC
9.08
Aerospace & Defense Industry
- Max
- 29.86
- Q3
- 19.49
- Median
- 7.09
- Q1
- 2.62
- Min
- -7.63
NOC’s Interest Coverage Ratio of 9.08 is positioned comfortably within the norm for the Aerospace & Defense industry, indicating a standard and healthy capacity to cover its interest payments.
Financial Strength at a Glance
| Symbol | LMT | NOC |
|---|---|---|
| Current Ratio (MRQ) | 1.13 | 1.11 |
| Quick Ratio (MRQ) | 0.97 | 0.88 |
| Debt-to-Equity Ratio (MRQ) | 3.59 | 0.98 |
| Interest Coverage Ratio (TTM) | 7.49 | 9.08 |
Growth
Revenue Growth
EPS Growth
Dividend
Dividend Yield (TTM)
LMT
2.87%
Aerospace & Defense Industry
- Max
- 2.87%
- Q3
- 1.46%
- Median
- 0.58%
- Q1
- 0.10%
- Min
- 0.00%
With a Dividend Yield of 2.87%, LMT offers a more attractive income stream than most of its peers in the Aerospace & Defense industry, signaling a strong commitment to shareholder returns.
NOC
1.59%
Aerospace & Defense Industry
- Max
- 2.87%
- Q3
- 1.46%
- Median
- 0.58%
- Q1
- 0.10%
- Min
- 0.00%
With a Dividend Yield of 1.59%, NOC offers a more attractive income stream than most of its peers in the Aerospace & Defense industry, signaling a strong commitment to shareholder returns.
Dividend Payout Ratio (TTM)
LMT
74.05%
Aerospace & Defense Industry
- Max
- 110.40%
- Q3
- 51.46%
- Median
- 20.20%
- Q1
- 4.21%
- Min
- 0.00%
LMT’s Dividend Payout Ratio of 74.05% 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.
NOC
31.43%
Aerospace & Defense Industry
- Max
- 110.40%
- Q3
- 51.46%
- Median
- 20.20%
- Q1
- 4.21%
- Min
- 0.00%
NOC’s Dividend Payout Ratio of 31.43% is within the typical range for the Aerospace & Defense industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
Dividend at a Glance
| Symbol | LMT | NOC |
|---|---|---|
| Dividend Yield (TTM) | 2.87% | 1.59% |
| Dividend Payout Ratio (TTM) | 74.05% | 31.43% |
Valuation
Price-to-Earnings Ratio (TTM)
LMT
25.77
Aerospace & Defense Industry
- Max
- 94.22
- Q3
- 53.31
- Median
- 32.27
- Q1
- 24.64
- Min
- 14.57
LMT’s P/E Ratio of 25.77 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.
NOC
19.82
Aerospace & Defense Industry
- Max
- 94.22
- Q3
- 53.31
- Median
- 32.27
- Q1
- 24.64
- Min
- 14.57
In the lower quartile for the Aerospace & Defense industry, NOC’s P/E Ratio of 19.82 suggests the stock may be undervalued compared to its peers, potentially presenting an attractive entry point for investors.
Price-to-Sales Ratio (TTM)
LMT
1.48
Aerospace & Defense Industry
- Max
- 7.20
- Q3
- 3.95
- Median
- 2.35
- Q1
- 1.71
- Min
- 0.32
In the lower quartile for the Aerospace & Defense industry, LMT’s P/S Ratio of 1.48 indicates its revenue is valued more conservatively than most of its peers. This could present a compelling opportunity if the market has overlooked its sales-generating capabilities.
NOC
1.95
Aerospace & Defense Industry
- Max
- 7.20
- Q3
- 3.95
- Median
- 2.35
- Q1
- 1.71
- Min
- 0.32
NOC’s P/S Ratio of 1.95 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.
Price-to-Book Ratio (MRQ)
LMT
18.58
Aerospace & Defense Industry
- Max
- 18.61
- Q3
- 9.58
- Median
- 5.45
- Q1
- 3.11
- Min
- 0.94
LMT’s P/B Ratio of 18.58 is in the upper tier for the Aerospace & Defense industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.
NOC
5.46
Aerospace & Defense Industry
- Max
- 18.61
- Q3
- 9.58
- Median
- 5.45
- Q1
- 3.11
- Min
- 0.94
NOC’s P/B Ratio of 5.46 is within the conventional range for the Aerospace & Defense industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
Valuation at a Glance
| Symbol | LMT | NOC |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 25.77 | 19.82 |
| Price-to-Sales Ratio (TTM) | 1.48 | 1.95 |
| Price-to-Book Ratio (MRQ) | 18.58 | 5.46 |
| Price-to-Free Cash Flow Ratio (TTM) | 22.82 | 21.79 |