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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.

Company profile comparison for Lockheed Martin (LMT) and RTX (RTX)
Profile ItemLMTRTX
NameLockheed Martin CorporationRTX Corporation
Country/RegionUnited StatesUnited States
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryAerospace & DefenseAerospace & Defense
GICS Sub-IndustryAerospace & DefenseAerospace & Defense
Market Capitalization131.00 billion USD255.76 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateJanuary 2, 1962April 2, 1962
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

LMT
RTX
GSPC
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Lockheed Martin (LMT) vs. RTX (RTX), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Lockheed Martin (LMT) and RTX (RTX). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Lockheed Martin (LMT) and RTX (RTX). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Lockheed Martin (LMT) and RTX (RTX)
MetricLMTRTX
Total Return (1Y)31.17%12.51%
Total Return (3Y, Annualized)12.79%36.20%
Total Return (5Y, Annualized)14.65%19.14%

Risk Profile

Drawdown History

LMT
RTX
GSPC
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Lockheed Martin (LMT) vs. RTX (RTX), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Lockheed Martin (LMT) and RTX (RTX). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Lockheed Martin (LMT) and RTX (RTX)
MetricLMTRTX
Volatility (1Y, Annualized)31.09%25.84%
Beta (5Y)0.100.30
Max Drawdown (5Y)-31.79%-32.84%
Avg. Volume (3M)1.29M4.59M

Risk-Adjusted Performance

Risk-Return Positioning

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LMT and RTX are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Lockheed Martin (LMT) and RTX (RTX)
MetricLMTRTX
Sharpe Ratio (1Y)0.860.32
Sortino Ratio (1Y)1.380.48

Profitability

ROE (TTM)

Lockheed Martin (LMT) at 80.19% clears its industry range for ROE, a sharper capital-efficiency signal than RTX (RTX) at 12.85%, 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%

RTX

Capital Goods industry group

12.85%

Max
40.55%
Q3
19.29%
RTX
12.85%
Median
12.12%
Q1
4.08%
Min
-17.12%
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Lockheed Martin (LMT) vs. RTX (RTX): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

Both Lockheed Martin (LMT) at 8.23% and RTX (RTX) at 8.75% 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%

RTX

Capital Goods industry group

8.75%

Max
27.47%
Q3
12.10%
RTX
8.75%
Median
6.30%
Q1
1.40%
Min
-12.89%
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Lockheed Martin (LMT) vs. RTX (RTX): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Both Lockheed Martin (LMT) at 11.41% and RTX (RTX) at 15.54% 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%

RTX

Capital Goods industry group

15.54%

Max
36.60%
Q3
18.33%
RTX
15.54%
Median
11.12%
Q1
5.14%
Min
-12.63%
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Lockheed Martin (LMT) vs. RTX (RTX): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Lockheed Martin (LMT) and RTX (RTX)
MetricLMTRTX
ROE (TTM)80.19%12.85%
ROA (TTM)8.58%4.56%
Net Margin (TTM)8.23%8.75%
Operating Margin (TTM)11.41%15.54%
Gross Margin (TTM)11.73%21.10%

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.

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Lockheed Martin (LMT) vs. RTX (RTX): A comparison of their Revenue Growth across different time periods.

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.

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Lockheed Martin (LMT) vs. RTX (RTX): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Lockheed Martin (LMT) and RTX (RTX)
MetricLMTRTX
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 1.26 and RTX (RTX) at 1.05 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

RTX

Capital Goods industry group

1.05

Max
5.22
Q3
2.95
Median
2.08
Q1
1.43
RTX
1.05
Min
0.36
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Lockheed Martin (LMT) vs. RTX (RTX): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

RTX (RTX) at 0.55 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

RTX

Capital Goods industry group

0.55

Max
2.33
Q3
1.12
Median
0.60
RTX
0.55
Q1
0.29
Min
0.00
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Lockheed Martin (LMT) vs. RTX (RTX): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Lockheed Martin (LMT) and RTX (RTX)
MetricLMTRTX
Current Ratio (MRQ)1.261.05
Debt / Equity (MRQ)2.040.55
Net Debt / EBITDA1.471.75

Dividends

Dividend Yield (TTM)

Both Lockheed Martin (LMT) at 2.40% and RTX (RTX) at 1.47% 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%

RTX

Capital Goods industry group

1.47%

Max
2.66%
RTX
1.47%
Q3
1.14%
Median
0.24%
Q1
0.00%
Min
0.00%
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Lockheed Martin (LMT) vs. RTX (RTX): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Both Lockheed Martin (LMT) at 49.01% and RTX (RTX) at 45.85% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

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%

RTX

Capital Goods industry group

45.85%

Max
67.39%
RTX
45.85%
Q3
28.02%
Median
6.86%
Q1
0.00%
Min
0.00%
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Lockheed Martin (LMT) vs. RTX (RTX): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Lockheed Martin (LMT) and RTX (RTX)
MetricLMTRTX
Dividend Yield (TTM)2.40%1.47%
Dividend Payout Ratio (TTM)49.01%45.85%

Valuation

P/E Ratio (TTM)

Both Lockheed Martin (LMT) at 20.14 and RTX (RTX) at 30.82 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

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

RTX

Capital Goods industry group

30.82

Max
59.38
Q3
35.92
RTX
30.82
Median
25.41
Q1
19.47
Min
3.03
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Lockheed Martin (LMT) vs. RTX (RTX): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Lockheed Martin (LMT) at 1.66 and RTX (RTX) at 2.66 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

RTX

Capital Goods industry group

2.66

Max
7.54
Q3
3.76
RTX
2.66
Median
2.15
Q1
1.03
Min
0.03
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Lockheed Martin (LMT) vs. RTX (RTX): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

RTX (RTX) at 3.69 sits near its industry’s typical P/B ratio, while Lockheed Martin (LMT) at 12.96 prices above its benchmark range — LMT looks rich relative to book.

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

RTX

Capital Goods industry group

3.69

Max
9.66
Q3
5.00
RTX
3.69
Median
3.12
Q1
1.81
Min
-1.08
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Lockheed Martin (LMT) vs. RTX (RTX): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Lockheed Martin (LMT) and RTX (RTX)
MetricLMTRTX
P/E Ratio (TTM)20.1430.82
P/S Ratio (TTM)1.662.66
P/B Ratio (MRQ)12.963.69
Free Cash Flow Yield (TTM)4.31%3.25%