LMT vs. UAL: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at LMT and UAL, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
| Symbol | LMT | UAL |
|---|---|---|
| Company Name | Lockheed Martin Corporation | United Airlines Holdings, Inc. |
| Country | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry | Aerospace & Defense | Passenger Airlines |
| Market Capitalization | 117.78 billion USD | 30.86 billion USD |
| Exchange | NYSE | NasdaqGS |
| Listing Date | January 2, 1962 | February 6, 2006 |
| Security Type | Common Stock | Common Stock |
Historical Performance
This chart compares the performance of LMT and UAL 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 | UAL |
|---|---|---|
| 5-Day Price Return | 2.54% | -3.36% |
| 13-Week Price Return | 9.07% | 15.75% |
| 26-Week Price Return | 12.93% | 38.06% |
| 52-Week Price Return | -16.36% | 71.03% |
| Month-to-Date Return | 1.06% | -1.21% |
| Year-to-Date Return | 3.82% | -1.82% |
| 10-Day Avg. Volume | 1.19M | 5.30M |
| 3-Month Avg. Volume | 1.64M | 6.34M |
| 3-Month Volatility | 25.97% | 45.67% |
| Beta | 0.24 | 1.36 |
Profitability
Return on Equity (TTM)
LMT
65.82%
Aerospace & Defense Industry
- Max
- 37.11%
- Q3
- 20.14%
- Median
- 11.72%
- Q1
- 6.30%
- 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.
UAL
26.43%
Passenger Airlines Industry
- Max
- 49.96%
- Q3
- 27.29%
- Median
- 16.68%
- Q1
- 8.40%
- Min
- -15.23%
UAL’s Return on Equity of 26.43% is on par with the norm for the Passenger Airlines industry, indicating its profitability relative to shareholder equity is typical for the sector.
Net Profit Margin (TTM)
LMT
5.85%
Aerospace & Defense Industry
- Max
- 13.66%
- Q3
- 8.61%
- Median
- 6.59%
- Q1
- 4.92%
- Min
- 1.01%
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.
UAL
5.71%
Passenger Airlines Industry
- Max
- 16.00%
- Q3
- 8.99%
- Median
- 6.35%
- Q1
- 3.18%
- Min
- -4.22%
UAL’s Net Profit Margin of 5.71% is aligned with the median group of its peers in the Passenger Airlines industry. This indicates its ability to convert revenue into profit is typical for the sector.
Operating Profit Margin (TTM)
LMT
8.29%
Aerospace & Defense Industry
- Max
- 22.35%
- Q3
- 12.83%
- Median
- 9.29%
- Q1
- 6.38%
- Min
- -2.15%
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.
UAL
8.62%
Passenger Airlines Industry
- Max
- 22.47%
- Q3
- 12.67%
- Median
- 8.62%
- Q1
- 4.63%
- Min
- -2.30%
UAL’s Operating Profit Margin of 8.62% is around the midpoint for the Passenger Airlines industry, indicating that its efficiency in managing core business operations is typical for the sector.
Profitability at a Glance
| Symbol | LMT | UAL |
|---|---|---|
| Return on Equity (TTM) | 65.82% | 26.43% |
| Return on Assets (TTM) | 7.42% | 4.41% |
| Net Profit Margin (TTM) | 5.85% | 5.71% |
| Operating Profit Margin (TTM) | 8.29% | 8.62% |
| Gross Profit Margin (TTM) | 8.25% | 64.15% |
Financial Strength
Current Ratio (MRQ)
LMT
0.99
Aerospace & Defense Industry
- Max
- 3.35
- Q3
- 2.03
- Median
- 1.24
- Q1
- 1.04
- Min
- 0.77
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.
UAL
0.70
Passenger Airlines Industry
- Max
- 1.44
- Q3
- 0.91
- Median
- 0.73
- Q1
- 0.54
- Min
- 0.18
UAL’s Current Ratio of 0.70 aligns with the median group of the Passenger Airlines industry, indicating that its short-term liquidity is in line with its sector peers.
Debt-to-Equity Ratio (MRQ)
LMT
4.06
Aerospace & Defense Industry
- Max
- 1.72
- Q3
- 0.96
- Median
- 0.63
- Q1
- 0.37
- Min
- 0.03
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.
UAL
2.02
Passenger Airlines Industry
- Max
- 10.23
- Q3
- 5.04
- Median
- 1.27
- Q1
- 0.82
- Min
- 0.00
UAL’s Debt-to-Equity Ratio of 2.02 is typical for the Passenger Airlines 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
- 36.57
- Q3
- 19.08
- Median
- 7.25
- Q1
- 2.65
- 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.
UAL
5.76
Passenger Airlines Industry
- Max
- 22.60
- Q3
- 17.27
- Median
- 6.75
- Q1
- 1.94
- Min
- -8.55
UAL’s Interest Coverage Ratio of 5.76 is positioned comfortably within the norm for the Passenger Airlines industry, indicating a standard and healthy capacity to cover its interest payments.
Financial Strength at a Glance
| Symbol | LMT | UAL |
|---|---|---|
| Current Ratio (MRQ) | 0.99 | 0.70 |
| Quick Ratio (MRQ) | 0.83 | 0.62 |
| Debt-to-Equity Ratio (MRQ) | 4.06 | 2.02 |
| Interest Coverage Ratio (TTM) | 7.49 | 5.76 |
Growth
Revenue Growth
EPS Growth
Dividend
Dividend Yield (TTM)
LMT
2.62%
Aerospace & Defense Industry
- Max
- 2.72%
- Q3
- 1.45%
- Median
- 0.48%
- Q1
- 0.08%
- Min
- 0.00%
With a Dividend Yield of 2.62%, LMT offers a more attractive income stream than most of its peers in the Aerospace & Defense industry, signaling a strong commitment to shareholder returns.
UAL
0.00%
Passenger Airlines Industry
- Max
- 7.04%
- Q3
- 3.76%
- Median
- 1.72%
- Q1
- 0.00%
- Min
- 0.00%
UAL currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
Dividend Payout Ratio (TTM)
LMT
73.60%
Aerospace & Defense Industry
- Max
- 110.40%
- Q3
- 50.43%
- Median
- 17.11%
- Q1
- 0.46%
- 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.
UAL
0.00%
Passenger Airlines Industry
- Max
- 99.73%
- Q3
- 50.30%
- Median
- 23.18%
- Q1
- 0.00%
- Min
- 0.00%
UAL has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
Dividend at a Glance
| Symbol | LMT | UAL |
|---|---|---|
| Dividend Yield (TTM) | 2.62% | 0.00% |
| Dividend Payout Ratio (TTM) | 73.60% | 0.00% |
Valuation
Price-to-Earnings Ratio (TTM)
LMT
28.11
Aerospace & Defense Industry
- Max
- 67.20
- Q3
- 55.74
- Median
- 33.28
- Q1
- 27.49
- Min
- 15.02
LMT’s P/E Ratio of 28.11 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.
UAL
9.33
Passenger Airlines Industry
- Max
- 18.74
- Q3
- 11.24
- Median
- 8.33
- Q1
- 6.11
- Min
- 2.97
UAL’s P/E Ratio of 9.33 is within the middle range for the Passenger Airlines 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
1.65
Aerospace & Defense Industry
- Max
- 9.06
- Q3
- 4.87
- Median
- 2.47
- Q1
- 1.61
- Min
- 0.33
LMT’s P/S Ratio of 1.65 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.
UAL
0.53
Passenger Airlines Industry
- Max
- 1.07
- Q3
- 0.73
- Median
- 0.62
- Q1
- 0.40
- Min
- 0.09
UAL’s P/S Ratio of 0.53 aligns with the market consensus for the Passenger Airlines 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
20.34
Aerospace & Defense Industry
- Max
- 14.90
- Q3
- 8.93
- Median
- 4.70
- Q1
- 3.03
- Min
- 0.83
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.
UAL
1.94
Passenger Airlines Industry
- Max
- 3.47
- Q3
- 3.19
- Median
- 1.94
- Q1
- 1.28
- Min
- 0.50
UAL’s P/B Ratio of 1.94 is within the conventional range for the Passenger Airlines 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 | UAL |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 28.11 | 9.33 |
| Price-to-Sales Ratio (TTM) | 1.65 | 0.53 |
| Price-to-Book Ratio (MRQ) | 20.34 | 1.94 |
| Price-to-Free Cash Flow Ratio (TTM) | 23.71 | 7.64 |