LMT vs. PWR: Lockheed Martin vs. Quanta Services Stock Comparison
How do Lockheed Martin (LMT) and Quanta Services (PWR) 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 Quanta Services (PWR) both fall under the Capital Goods industry group, but LMT is classified in Aerospace & Defense while PWR is classified in Construction & Engineering.
| Profile Item | LMT | PWR |
|---|---|---|
| Name | Lockheed Martin Corporation | Quanta Services, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Aerospace & Defense | Construction & Engineering |
| GICS Sub-Industry | Aerospace & Defense | Construction & Engineering |
| Market Capitalization | 131.00 billion USD | 81.50 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 2, 1962 | February 12, 1998 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | LMT | PWR |
|---|---|---|
| Total Return (1Y) | 31.17% | 32.97% |
| Total Return (3Y, Annualized) | 12.79% | 51.81% |
| Total Return (5Y, Annualized) | 14.65% | 38.19% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | LMT | PWR |
|---|---|---|
| Volatility (1Y, Annualized) | 31.09% | 50.22% |
| Beta (5Y) | 0.10 | 1.29 |
| Max Drawdown (5Y) | -31.79% | -35.15% |
| Avg. Volume (3M) | 1.29M | 1.19M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | LMT | PWR |
|---|---|---|
| Sharpe Ratio (1Y) | 0.86 | 0.57 |
| Sortino Ratio (1Y) | 1.38 | 0.87 |
Profitability
ROE (TTM)
Lockheed Martin (LMT) at 80.19% clears its industry range for ROE, a sharper capital-efficiency signal than Quanta Services (PWR) at 18.02%, which is closer to a typical peer reading.
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%
PWR
Capital Goods industry group
18.02%
- Max
- 40.55%
- Q3
- 19.29%
- PWR
- 18.02%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
Both Lockheed Martin (LMT) at 8.23% and Quanta Services (PWR) at 4.51% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
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%
PWR
Capital Goods industry group
4.51%
- Max
- 27.47%
- Q3
- 12.10%
- Median
- 6.30%
- PWR
- 4.51%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Both Lockheed Martin (LMT) at 11.41% and Quanta Services (PWR) at 8.63% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
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%
PWR
Capital Goods industry group
8.63%
- Max
- 36.60%
- Q3
- 18.33%
- Median
- 11.12%
- PWR
- 8.63%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | LMT | PWR |
|---|---|---|
| ROE (TTM) | 80.19% | 18.02% |
| ROA (TTM) | 8.58% | 5.72% |
| Net Margin (TTM) | 8.23% | 4.51% |
| Operating Margin (TTM) | 11.41% | 8.63% |
| Gross Margin (TTM) | 11.73% | 15.76% |
Growth
Revenue Growth
Quanta Services (PWR) at 20.31% sits in the top revenue growth quartile, while Lockheed Martin (LMT) at 5.64% is closer to the peer norm — faster top-line expansion for PWR.
EPS Growth
Both Lockheed Martin (LMT) at -3.68% and Quanta Services (PWR) at 12.77% 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 | PWR |
|---|---|---|
| Revenue Growth (YoY) | 5.64% | 20.31% |
| Revenue Growth (3Y CAGR) | 4.38% | 18.60% |
| EPS Growth (YoY) | -3.68% | 12.77% |
| EPS Growth (3Y CAGR) | -0.26% | 27.00% |
Financial Strength
Current Ratio (MRQ)
Both Lockheed Martin (LMT) at 1.26 and Quanta Services (PWR) at 1.16 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
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
PWR
Capital Goods industry group
1.16
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- PWR
- 1.16
- Min
- 0.36
Debt / Equity (MRQ)
Quanta Services (PWR) at 0.71 carries an industry-typical debt-to-equity mix, while Lockheed Martin (LMT) at 2.04 uses more debt funding than most peers.
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
PWR
Capital Goods industry group
0.71
- Max
- 2.33
- Q3
- 1.12
- PWR
- 0.71
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | LMT | PWR |
|---|---|---|
| Current Ratio (MRQ) | 1.26 | 1.16 |
| Debt / Equity (MRQ) | 2.04 | 0.71 |
| Net Debt / EBITDA | 1.47 | 1.43 |
Dividends
Dividend Yield (TTM)
Lockheed Martin (LMT) at 2.40% delivers top-quartile income for its industry, while Quanta Services (PWR) at 0.09% pays a more typical yield — both are credible income propositions, LMT the richer one.
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%
PWR
Capital Goods industry group
0.09%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- PWR
- 0.09%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Quanta Services (PWR) at 3.98% 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%
PWR
Capital Goods industry group
3.98%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- PWR
- 3.98%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | LMT | PWR |
|---|---|---|
| Dividend Yield (TTM) | 2.40% | 0.09% |
| Dividend Payout Ratio (TTM) | 49.01% | 3.98% |
Valuation
P/E Ratio (TTM)
Lockheed Martin (LMT) at 20.14 is near its industry’s usual P/E ratio, while Quanta Services (PWR) at 48.95 sits in the richer quartile — PWR needs stronger growth or earnings quality to justify the premium.
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
PWR
Capital Goods industry group
48.95
- Max
- 59.38
- PWR
- 48.95
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
On P/S ratio, both Lockheed Martin (LMT) at 1.66 and Quanta Services (PWR) at 2.19 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
PWR
Capital Goods industry group
2.19
- Max
- 7.54
- Q3
- 3.76
- PWR
- 2.19
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
Both look rich against book: Quanta Services (PWR) at 7.73 sits in the upper P/B ratio quartile, and Lockheed Martin (LMT) at 12.96 prices even higher, above its industry range.
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
PWR
Capital Goods industry group
7.73
- Max
- 9.66
- PWR
- 7.73
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | LMT | PWR |
|---|---|---|
| P/E Ratio (TTM) | 20.14 | 48.95 |
| P/S Ratio (TTM) | 1.66 | 2.19 |
| P/B Ratio (MRQ) | 12.96 | 7.73 |
| Free Cash Flow Yield (TTM) | 4.31% | 3.78% |