LMT vs. WTS: Lockheed Martin vs. Watts Water Stock Comparison

November 11, 2026

How do Lockheed Martin (LMT) and Watts Water (WTS) 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 Watts Water (WTS) both fall under the Capital Goods industry group, but LMT is classified in Aerospace & Defense while WTS is classified in Machinery.

Company profile comparison for Lockheed Martin (LMT) and Watts Water (WTS)
Profile Item	LMT	WTS
Name	Lockheed Martin Corporation	Watts Water Technologies, Inc. Class A Common Stock
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Aerospace & Defense	Machinery
GICS Sub-Industry	Aerospace & Defense	Industrial Machinery & Supplies & Components
Market Capitalization	131.00 billion USD	11.55 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	January 2, 1962	August 21, 1986
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

LMT

WTS

GSPC

Lockheed Martin (LMT) vs. Watts Water (WTS), 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 Watts Water (WTS). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Lockheed Martin (LMT) and Watts Water (WTS)
Metric	LMT	WTS
Total Return (1Y)	31.17%	33.85%
Total Return (3Y, Annualized)	12.79%	25.59%
Total Return (5Y, Annualized)	14.65%	12.56%

Risk Profile

Drawdown History

LMT

WTS

GSPC

Lockheed Martin (LMT) vs. Watts Water (WTS), 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 Watts Water (WTS). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Lockheed Martin (LMT) and Watts Water (WTS)
Metric	LMT	WTS
Volatility (1Y, Annualized)	31.09%	27.38%
Beta (5Y)	0.10	1.11
Max Drawdown (5Y)	-31.79%	-44.08%
Avg. Volume (3M)	1.29M	225.08K

Risk-Adjusted Performance

Risk-Return Positioning

LMT and WTS 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 Watts Water (WTS)
Metric	LMT	WTS
Sharpe Ratio (1Y)	0.86	1.08
Sortino Ratio (1Y)	1.38	1.78

Profitability

ROE (TTM)

Both companies show strong equity returns, but Lockheed Martin (LMT) at 80.19% is the standout with ROE above its industry range; Watts Water (WTS) at 20.91% also sits in the top quartile.

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%

WTS

Capital Goods industry group

20.91%

Max: 40.55%
WTS: 20.91%
Q3: 19.29%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

Lockheed Martin (LMT) vs. Watts Water (WTS): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

Watts Water (WTS) at 16.00% retains a top-quartile share of revenue as profit, ahead of Lockheed Martin (LMT) at 8.23%, which keeps about the industry-typical share.

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%

WTS

Capital Goods industry group

16.00%

Max: 27.47%
WTS: 16.00%
Q3: 12.10%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

Lockheed Martin (LMT) vs. Watts Water (WTS): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Watts Water (WTS) at 20.85% operates in the top operating margin quartile, ahead of Lockheed Martin (LMT) at 11.41%, which runs around its industry’s norm.

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%

WTS

Capital Goods industry group

20.85%

Max: 36.60%
WTS: 20.85%
Q3: 18.33%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

Lockheed Martin (LMT) vs. Watts Water (WTS): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Lockheed Martin (LMT) and Watts Water (WTS)
Metric	LMT	WTS
ROE (TTM)	80.19%	20.91%
ROA (TTM)	8.58%	12.05%
Net Margin (TTM)	8.23%	16.00%
Operating Margin (TTM)	11.41%	20.85%
Gross Margin (TTM)	11.73%	49.09%

Growth

Revenue Growth

Both Lockheed Martin (LMT) at 5.64% and Watts Water (WTS) at 8.27% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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

EPS Growth

Both Lockheed Martin (LMT) at -3.68% and Watts Water (WTS) at 17.03% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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

Growth Metrics

Growth metrics for Lockheed Martin (LMT) and Watts Water (WTS)
Metric	LMT	WTS
Revenue Growth (YoY)	5.64%	8.27%
Revenue Growth (3Y CAGR)	4.38%	7.20%
EPS Growth (YoY)	-3.68%	17.03%
EPS Growth (3Y CAGR)	-0.26%	10.78%

Financial Strength

Current Ratio (MRQ)

Watts Water (WTS) at 2.80 keeps current ratio within its industry’s typical mid-range, while Lockheed Martin (LMT) at 1.26 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for LMT.

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

WTS

Capital Goods industry group

2.80

Max: 5.22
Q3: 2.95
WTS: 2.80
Median: 2.08
Q1: 1.43
Min: 0.36

Lockheed Martin (LMT) vs. Watts Water (WTS): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Watts Water (WTS) at 0.08 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

WTS

Capital Goods industry group

0.08

Max: 2.33
Q3: 1.12
Median: 0.60
Q1: 0.29
WTS: 0.08
Min: 0.00

Lockheed Martin (LMT) vs. Watts Water (WTS): 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 Watts Water (WTS)
Metric	LMT	WTS
Current Ratio (MRQ)	1.26	2.80
Debt / Equity (MRQ)	2.04	0.08
Net Debt / EBITDA	1.47	-0.40

Dividends

Dividend Yield (TTM)

Lockheed Martin (LMT) at 2.40% delivers top-quartile income for its industry, while Watts Water (WTS) at 0.66% 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%

WTS

Capital Goods industry group

0.66%

Max: 2.66%
Q3: 1.14%
WTS: 0.66%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

Lockheed Martin (LMT) vs. Watts Water (WTS): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Watts Water (WTS) at 17.24% 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%

WTS

Capital Goods industry group

17.24%

Max: 67.39%
Q3: 28.02%
WTS: 17.24%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

Lockheed Martin (LMT) vs. Watts Water (WTS): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Lockheed Martin (LMT) and Watts Water (WTS)
Metric	LMT	WTS
Dividend Yield (TTM)	2.40%	0.66%
Dividend Payout Ratio (TTM)	49.01%	17.24%

Valuation

P/E Ratio (TTM)

Both Lockheed Martin (LMT) at 20.14 and Watts Water (WTS) at 25.95 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

WTS

Capital Goods industry group

25.95

Max: 59.38
Q3: 35.92
WTS: 25.95
Median: 25.41
Q1: 19.47
Min: 3.03

Lockheed Martin (LMT) vs. Watts Water (WTS): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

Lockheed Martin (LMT) at 1.66 is priced about in line with its industry on P/S ratio, while Watts Water (WTS) at 4.14 sits in the pricier quartile — WTS costs more per dollar of sales.

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

WTS

Capital Goods industry group

4.14

Max: 7.54
WTS: 4.14
Q3: 3.76
Median: 2.15
Q1: 1.03
Min: 0.03

Lockheed Martin (LMT) vs. Watts Water (WTS): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Watts Water (WTS) at 4.98 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

WTS

Capital Goods industry group

4.98

Max: 9.66
Q3: 5.00
WTS: 4.98
Median: 3.12
Q1: 1.81
Min: -1.08

Lockheed Martin (LMT) vs. Watts Water (WTS): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Lockheed Martin (LMT) and Watts Water (WTS)
Metric	LMT	WTS
P/E Ratio (TTM)	20.14	25.95
P/S Ratio (TTM)	1.66	4.14
P/B Ratio (MRQ)	12.96	4.98
Free Cash Flow Yield (TTM)	4.31%	2.21%