Is BA or LMT cheaper?

On trailing earnings, LMT is cheaper: BA trades at a 106.33 P/E and LMT at 26.17.

Which has grown faster, BA or LMT?

Over the past five years, BA grew revenue faster — BA at a 10.30% CAGR versus LMT at 2.62%.

Does BA or LMT pay a bigger dividend?

LMT pays a dividend (2.53% yield) while BA does not currently pay one.

Is BA or LMT more profitable?

LMT runs the higher net margin — BA at 2.46% versus LMT at 6.38%.

Which has been the better investment, BA or LMT?

Over the past 10-year, LMT delivered the higher annualized total return — BA at 6.23% versus LMT at 11.34%. Past performance doesn't predict future results.

The Boeing Company (BA) vs Lockheed Martin Corporation (LMT)

LMT leads on 13 of 14 compared metrics.

A side-by-side comparison of The Boeing Company and Lockheed Martin Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Lockheed Martin Corporation

$124.58B

$540.33Industrials

Total return — BA vs LMT

growth of $100 · last 30y

BA +425.5%LMT +1190.2%LMT compounded faster

BA LMT

BA vs LMT: by the numbers

•BA is the larger company ($172.68B vs $124.58B market cap).
•LMT trades at the lower earnings multiple (26.17 vs 106.33 P/E).
•LMT converts more revenue to profit (6.38% vs 2.46% net margin).
•BA grew revenue faster over the past five years (10.30% vs 2.62% CAGR).
•LMT pays a dividend (2.53% yield) while BA does not currently pay one.

Which is better, BA or LMT?

Metric tally: BA 1 · LMT 13

It depends on what you're optimizing for:

ValueLMT(lower P/E)

GrowthBA(faster 5Y revenue CAGR)

QualityLMT(higher ROIC)

Metrics side by side

Valuation

Metric	BA	LMT
P/E ratio	106.33	26.17●
Forward P/E	53.24	16.87●
P/S ratio	1.94	1.66●
P/B ratio	29.94	16.67●
EV / EBITDA	29.63	16.97●
FCF yield	—	4.54%

Profitability

Metric	BA	LMT
Gross margin	4.79%	9.82%●
Operating margin	-5.89%	9.88%●
Net margin	2.46%	6.38%●
ROE	37.88%	64.00%●
ROIC	-6.67%	17.39%●

Dividends

Metric	BA	LMT
Dividend yield	—	2.53%
Payout ratio	—	63.31%

Growth (annualized)

Metric	BA	LMT
Revenue CAGR (5Y)	10.30%●	2.62%
EPS CAGR (5Y)	-24.64%	-2.44%●
FCF CAGR (5Y)	-37.08%	-0.69%●
Total return CAGR (5Y)	-2.39%	9.78%●

Frequently asked

Which is better, BA or LMT?: It depends on your goal. value: LMT (lower P/E); growth: BA (faster 5Y revenue CAGR); quality: LMT (higher ROIC). Across all compared metrics, LMT leads 13 to 1.
Is BA or LMT cheaper?: On trailing earnings, LMT is cheaper: BA trades at a 106.33 P/E and LMT at 26.17.
Which has grown faster, BA or LMT?: Over the past five years, BA grew revenue faster — BA at a 10.30% CAGR versus LMT at 2.62%.
Does BA or LMT pay a bigger dividend?: LMT pays a dividend (2.53% yield) while BA does not currently pay one.
Is BA or LMT more profitable?: LMT runs the higher net margin — BA at 2.46% versus LMT at 6.38%.
Which has been the better investment, BA or LMT?: Over the past 10-year, LMT delivered the higher annualized total return — BA at 6.23% versus LMT at 11.34%. Past performance doesn't predict future results.

Go deeper

Full BA analysis Full LMT analysis Interactive comparison tool

Dig into the metrics

Boeing P/E ratio Lockheed Martin P/E ratio Boeing dividend yield Lockheed Martin dividend yield Boeing ROE Lockheed Martin ROE Boeing operating margin Lockheed Martin operating margin Boeing revenue growth Lockheed Martin revenue growth Boeing free cash flow Lockheed Martin free cash flow

Boeing & Lockheed Martin appear in these rankings

Highest Dividend Yield Stocks Highest ROE Stocks Highest FCF Yield Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 14, 2026.