Seek Returns

LMT vs. WSO.B: Lockheed Martin vs. Watsco Stock Comparison

How do Lockheed Martin (LMT) and Watsco (WSO.B) 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 Watsco (WSO.B) both fall under the Capital Goods industry group, but LMT is classified in Aerospace & Defense while WSO.B is classified in Trading Companies & Distributors.

Company profile comparison for Lockheed Martin (LMT) and Watsco (WSO.B)
Profile ItemLMTWSO.B
NameLockheed Martin CorporationWatsco Inc. Class B Common Stock
Country/RegionUnited StatesUnited States
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryAerospace & DefenseTrading Companies & Distributors
GICS Sub-IndustryAerospace & DefenseTrading Companies & Distributors
Market Capitalization131.00 billion USD12.92 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateJanuary 2, 1962March 17, 1980
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

LMT
WSO.B
GSPC
Loading price history…
Lockheed Martin (LMT) vs. Watsco (WSO.B), 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

Loading price history…
Trailing total returns for Lockheed Martin (LMT) and Watsco (WSO.B). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Lockheed Martin (LMT) and Watsco (WSO.B). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Lockheed Martin (LMT) and Watsco (WSO.B)
MetricLMTWSO.B
Total Return (1Y)31.17%-11.21%
Total Return (3Y, Annualized)12.79%-3.05%
Total Return (5Y, Annualized)14.65%4.30%

Risk Profile

Drawdown History

LMT
WSO.B
GSPC
Loading price history…
Lockheed Martin (LMT) vs. Watsco (WSO.B), 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

Loading price history…
Distribution of monthly total returns for Lockheed Martin (LMT) and Watsco (WSO.B). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Lockheed Martin (LMT) trades around 1.29M shares per day on average, while Watsco (WSO.B) sees only 74 — a volume gap that can matter for position sizing, exit liquidity, and order execution.

Risk profile metrics for Lockheed Martin (LMT) and Watsco (WSO.B)
MetricLMTWSO.B
Volatility (1Y, Annualized)31.09%40.28%
Beta (5Y)0.100.64
Max Drawdown (5Y)-31.79%-43.41%
Avg. Volume (3M)1.29M74

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
LMT and WSO.B 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 Watsco (WSO.B)
MetricLMTWSO.B
Sharpe Ratio (1Y)0.86-0.38
Sortino Ratio (1Y)1.38-0.57

Profitability

ROE (TTM)

Lockheed Martin (LMT) at 80.19% clears its industry range for ROE, a sharper capital-efficiency signal than Watsco (WSO.B) at 16.21%, 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%

WSO.B

Capital Goods industry group

16.21%

Max
40.55%
Q3
19.29%
WSO.B
16.21%
Median
12.12%
Q1
4.08%
Min
-17.12%
Loading chart…
Lockheed Martin (LMT) vs. Watsco (WSO.B): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

Both Lockheed Martin (LMT) at 8.23% and Watsco (WSO.B) at 6.31% 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%

WSO.B

Capital Goods industry group

6.31%

Max
27.47%
Q3
12.10%
WSO.B
6.31%
Median
6.30%
Q1
1.40%
Min
-12.89%
Loading chart…
Lockheed Martin (LMT) vs. Watsco (WSO.B): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Both Lockheed Martin (LMT) at 11.41% and Watsco (WSO.B) at 10.14% 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%

WSO.B

Capital Goods industry group

10.14%

Max
36.60%
Q3
18.33%
Median
11.12%
WSO.B
10.14%
Q1
5.14%
Min
-12.63%
Loading chart…
Lockheed Martin (LMT) vs. Watsco (WSO.B): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Lockheed Martin (LMT) and Watsco (WSO.B)
MetricLMTWSO.B
ROE (TTM)80.19%16.21%
ROA (TTM)8.58%8.27%
Net Margin (TTM)8.23%6.31%
Operating Margin (TTM)11.41%10.14%
Gross Margin (TTM)11.73%27.18%

Growth

Revenue Growth

Lockheed Martin (LMT) at 5.64% is around its peer norm for revenue growth, while Watsco (WSO.B) at -4.98% drops into the bottom quartile, signaling weaker demand or pricing momentum.

Loading chart…
Lockheed Martin (LMT) vs. Watsco (WSO.B): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Lockheed Martin (LMT) at -3.68% and Watsco (WSO.B) at -7.47% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Loading chart…
Lockheed Martin (LMT) vs. Watsco (WSO.B): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Lockheed Martin (LMT) and Watsco (WSO.B)
MetricLMTWSO.B
Revenue Growth (YoY)5.64%-4.98%
Revenue Growth (3Y CAGR)4.38%-0.16%
EPS Growth (YoY)-3.68%-7.47%
EPS Growth (3Y CAGR)-0.26%-6.89%

Financial Strength

Current Ratio (MRQ)

Watsco (WSO.B) at 3.15 carries current ratio above its industry’s typical mid-range, while Lockheed Martin (LMT) at 1.26 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

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

WSO.B

Capital Goods industry group

3.15

Max
5.22
WSO.B
3.15
Q3
2.95
Median
2.08
Q1
1.43
Min
0.36
Loading chart…
Lockheed Martin (LMT) vs. Watsco (WSO.B): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Watsco (WSO.B) at 0.16 keeps leverage in the lower quartile, while Lockheed Martin (LMT) at 2.04 sits in the higher-leverage quartile.

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

WSO.B

Capital Goods industry group

0.16

Max
2.33
Q3
1.12
Median
0.60
Q1
0.29
WSO.B
0.16
Min
0.00
Loading chart…
Lockheed Martin (LMT) vs. Watsco (WSO.B): 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 Watsco (WSO.B)
MetricLMTWSO.B
Current Ratio (MRQ)1.263.15
Debt / Equity (MRQ)2.040.16
Net Debt / EBITDA1.47-0.14

Dividends

Dividend Yield (TTM)

Lockheed Martin (LMT) at 2.40% earns its spot in the top quartile of its industry’s yields; Watsco (WSO.B) at 4.02% is past the top of its own peer range — territory where a dividend-safety check matters more than the headline number.

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%

WSO.B

Capital Goods industry group

4.02%

WSO.B
4.02%
Max
2.66%
Q3
1.14%
Median
0.24%
Q1
0.00%
Min
0.00%
Loading chart…
Lockheed Martin (LMT) vs. Watsco (WSO.B): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Watsco (WSO.B) reports payout ratio above 100% at 109.66%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Lockheed Martin (LMT) reports 49.01%, ranking against industry peers normally.

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%

WSO.B

Capital Goods industry group

109.66%

WSO.B
109.66%
Max
67.39%
Q3
28.02%
Median
6.86%
Q1
0.00%
Min
0.00%
Loading chart…
Lockheed Martin (LMT) vs. Watsco (WSO.B): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Lockheed Martin (LMT) and Watsco (WSO.B)
MetricLMTWSO.B
Dividend Yield (TTM)2.40%4.02%
Dividend Payout Ratio (TTM)49.01%109.66%

Valuation

P/E Ratio (TTM)

Both Lockheed Martin (LMT) at 20.14 and Watsco (WSO.B) at 27.26 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

WSO.B

Capital Goods industry group

27.26

Max
59.38
Q3
35.92
WSO.B
27.26
Median
25.41
Q1
19.47
Min
3.03
Loading chart…
Lockheed Martin (LMT) vs. Watsco (WSO.B): 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 Watsco (WSO.B) at 1.74 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

WSO.B

Capital Goods industry group

1.74

Max
7.54
Q3
3.76
Median
2.15
WSO.B
1.74
Q1
1.03
Min
0.03
Loading chart…
Lockheed Martin (LMT) vs. Watsco (WSO.B): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Watsco (WSO.B) at 3.99 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

WSO.B

Capital Goods industry group

3.99

Max
9.66
Q3
5.00
WSO.B
3.99
Median
3.12
Q1
1.81
Min
-1.08
Loading chart…
Lockheed Martin (LMT) vs. Watsco (WSO.B): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Lockheed Martin (LMT) and Watsco (WSO.B)
MetricLMTWSO.B
P/E Ratio (TTM)20.1427.26
P/S Ratio (TTM)1.661.74
P/B Ratio (MRQ)12.963.99
Free Cash Flow Yield (TTM)4.31%3.50%