LMT vs. RTX: Lockheed Martin vs. RTX Stock Comparison
How do Lockheed Martin (LMT) and RTX (RTX) 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 RTX (RTX) are both classified in the Aerospace & Defense sub-industry within the broader Aerospace & Defense industry, placing them in the closest GICS peer bucket.
| Profile Item | LMT | RTX |
|---|---|---|
| Name | Lockheed Martin Corporation | RTX Corporation |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Aerospace & Defense | Aerospace & Defense |
| GICS Sub-Industry | Aerospace & Defense | Aerospace & Defense |
| Market Capitalization | 120.55 billion USD | 266.42 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 2, 1962 | April 2, 1962 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | LMT | RTX |
|---|---|---|
| Total Return (1Y) | 16.13% | 27.25% |
| Total Return (3Y, Annualized) | 11.58% | 39.75% |
| Total Return (5Y, Annualized) | 12.74% | 21.54% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | LMT | RTX |
|---|---|---|
| Volatility (1Y, Annualized) | 28.29% | 26.06% |
| Beta (5Y) | 0.08 | 0.31 |
| Max Drawdown (5Y) | -31.79% | -32.84% |
| Avg. Volume (3M) | 1.19M | 4.73M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | LMT | RTX |
|---|---|---|
| Sharpe Ratio (1Y) | 0.41 | 0.89 |
| Sortino Ratio (1Y) | 0.64 | 1.40 |
Profitability
ROE (TTM)
Lockheed Martin (LMT) at 89.17% clears its industry range for ROE, a sharper capital-efficiency signal than RTX (RTX) at 12.27%, which is closer to a typical peer reading.
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%
RTX
Capital Goods industry group
12.27%
- Max
- 40.35%
- Q3
- 18.69%
- RTX
- 12.27%
- Median
- 11.55%
- Q1
- 2.89%
- Min
- -19.86%
Net Margin (TTM)
Both Lockheed Martin (LMT) at 8.16% and RTX (RTX) at 8.28% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
LMT
Capital Goods industry group
8.16%
- Max
- 27.47%
- Q3
- 11.71%
- LMT
- 8.16%
- Median
- 5.78%
- Q1
- 0.77%
- Min
- -14.15%
RTX
Capital Goods industry group
8.28%
- Max
- 27.47%
- Q3
- 11.71%
- RTX
- 8.28%
- Median
- 5.78%
- Q1
- 0.77%
- Min
- -14.15%
Operating Margin (TTM)
Both Lockheed Martin (LMT) at 11.96% and RTX (RTX) at 12.70% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
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%
RTX
Capital Goods industry group
12.70%
- Max
- 35.46%
- Q3
- 17.39%
- RTX
- 12.70%
- Median
- 10.58%
- Q1
- 4.59%
- Min
- -12.63%
Profitability Metrics
| Metric | LMT | RTX |
|---|---|---|
| ROE (TTM) | 89.17% | 12.27% |
| ROA (TTM) | 8.64% | 4.21% |
| Net Margin (TTM) | 8.16% | 8.28% |
| Operating Margin (TTM) | 11.96% | 12.70% |
| Gross Margin (TTM) | 11.80% | 20.35% |
Growth
Revenue Growth
Both Lockheed Martin (LMT) at 5.64% and RTX (RTX) at 9.74% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
RTX (RTX) at 39.72% sits in the top EPS growth quartile, while Lockheed Martin (LMT) at -3.68% is closer to the peer norm — faster per-share earnings growth for RTX.
Growth Metrics
| Metric | LMT | RTX |
|---|---|---|
| Revenue Growth (YoY) | 5.64% | 9.74% |
| Revenue Growth (3Y CAGR) | 4.38% | 9.72% |
| EPS Growth (YoY) | -3.68% | 39.72% |
| EPS Growth (3Y CAGR) | -0.26% | 12.32% |
Financial Strength
Current Ratio (MRQ)
Both Lockheed Martin (LMT) at 1.19 and RTX (RTX) at 1.01 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
1.19
- Max
- 5.28
- Q3
- 2.99
- Median
- 2.09
- Q1
- 1.45
- LMT
- 1.19
- Min
- 0.76
RTX
Capital Goods industry group
1.01
- Max
- 5.28
- Q3
- 2.99
- Median
- 2.09
- Q1
- 1.45
- RTX
- 1.01
- Min
- 0.76
Debt / Equity (MRQ)
RTX (RTX) at 0.57 is near its industry mid-range for debt-to-equity ratio, while Lockheed Martin (LMT) at 2.34 sits above its benchmark range, pointing to a heavier debt load relative to equity.
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
RTX
Capital Goods industry group
0.57
- Max
- 2.15
- Q3
- 1.09
- Median
- 0.57
- RTX
- 0.57
- Q1
- 0.27
- Min
- 0.00
Financial Strength Metrics
| Metric | LMT | RTX |
|---|---|---|
| Current Ratio (MRQ) | 1.19 | 1.01 |
| Debt / Equity (MRQ) | 2.34 | 0.57 |
| Net Debt / EBITDA | 1.73 | 1.92 |
Dividends
Dividend Yield (TTM)
Both Lockheed Martin (LMT) at 2.55% and RTX (RTX) at 1.40% offer top-quartile dividend income relative to share price within their industries.
LMT
Capital Goods industry group
2.55%
- Max
- 2.75%
- LMT
- 2.55%
- Q3
- 1.11%
- Median
- 0.18%
- Q1
- 0.00%
- Min
- 0.00%
RTX
Capital Goods industry group
1.40%
- Max
- 2.75%
- RTX
- 1.40%
- Q3
- 1.11%
- Median
- 0.18%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Lockheed Martin (LMT) at 50.33% and RTX (RTX) at 48.77% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.
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%
RTX
Capital Goods industry group
48.77%
- Max
- 72.00%
- RTX
- 48.77%
- Q3
- 28.86%
- Median
- 6.13%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | LMT | RTX |
|---|---|---|
| Dividend Yield (TTM) | 2.55% | 1.40% |
| Dividend Payout Ratio (TTM) | 50.33% | 48.77% |
Valuation
P/E Ratio (TTM)
Lockheed Martin (LMT) at 19.73 sits in the cheaper P/E ratio quartile, while RTX (RTX) at 34.86 is closer to its industry’s usual earnings multiple — a discount for LMT, though growth and earnings durability still matter.
LMT
Capital Goods industry group
19.73
- Max
- 66.10
- Q3
- 40.43
- Median
- 29.30
- Q1
- 21.19
- LMT
- 19.73
- Min
- 1.09
RTX
Capital Goods industry group
34.86
- Max
- 66.10
- Q3
- 40.43
- RTX
- 34.86
- Median
- 29.30
- Q1
- 21.19
- Min
- 1.09
P/S Ratio (TTM)
On P/S ratio, both Lockheed Martin (LMT) at 1.57 and RTX (RTX) at 2.85 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
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
RTX
Capital Goods industry group
2.85
- Max
- 9.06
- Q3
- 4.40
- RTX
- 2.85
- Median
- 2.41
- Q1
- 1.19
- Min
- 0.05
P/B Ratio (MRQ)
RTX (RTX) at 4.01 sits near its industry’s typical P/B ratio, while Lockheed Martin (LMT) at 13.70 prices above its benchmark range — LMT looks rich relative to book.
LMT
Capital Goods industry group
13.70
- LMT
- 13.70
- Max
- 11.10
- Q3
- 5.63
- Median
- 3.31
- Q1
- 1.94
- Min
- -3.52
RTX
Capital Goods industry group
4.01
- Max
- 11.10
- Q3
- 5.63
- RTX
- 4.01
- Median
- 3.31
- Q1
- 1.94
- Min
- -3.52
Valuation Metrics
| Metric | LMT | RTX |
|---|---|---|
| P/E Ratio (TTM) | 19.73 | 34.86 |
| P/S Ratio (TTM) | 1.57 | 2.85 |
| P/B Ratio (MRQ) | 13.70 | 4.01 |
| Free Cash Flow Yield (TTM) | 4.61% | 3.71% |