Which has the lower trailing P/E, BA or LMT?

LMT has the lower trailing P/E: BA trades at 92.65 and LMT at 20.98. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, BA or LMT?

Over the past five years, BA grew revenue faster — BA at a 8.80% CAGR versus LMT at 2.88%.

Does BA or LMT pay a bigger dividend?

LMT pays a dividend (2.40% yield), while BA is a former payer with no current dividend run rate.

Is BA or LMT more profitable?

LMT runs the higher net margin — BA at 2.59% versus LMT at 8.16%.

How have BA and LMT total returns compared?

Over the past 10 years, BA delivered 5.79% and LMT delivered 11.37% annualized total return. Past performance doesn't predict future results.

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

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 July 30, 2026. Differences are shown without an overall score or investment verdict.

The Boeing Company

$173.96B

$220.10IndustrialsDelayed quote: Jul 30, 2026, 12:45 PM EDT

LMT

Lockheed Martin Corporation

$129.62B

$561.62IndustrialsDelayed quote: Jul 30, 2026, 12:45 PM EDT

Total return — BA vs LMT

growth of $100 · dividends reinvested · last 30y

BA +701.7%LMT +2814.6%LMT compounded faster

BA LMT

BA vs LMT: by the numbers

•BA is the larger company ($173.96B vs $129.62B market cap).
•LMT trades at the lower trailing earnings multiple (20.98 vs 92.65 P/E), one valuation lens rather than an overall verdict.
•LMT converts more revenue to profit (8.16% vs 2.59% net margin).
•BA grew revenue faster over the past five years (8.80% vs 2.88% CAGR).
•LMT pays a dividend (2.40% yield), while BA is a former payer with no current dividend run rate.

Metrics side by side

Valuation

Metric	BA	LMT
P/E ratio	92.65	20.98
Forward P/E	N/A	18.88
P/S ratio	1.80	1.71
P/B ratio	27.75	15.00
EV / EBITDA	N/A	14.20
FCF yield	1.06%	7.03%

Profitability

Metric	BA	LMT
Gross margin	4.68%	11.80%
Operating margin	-5.41%	11.88%
Net margin	2.59%	8.16%
ROE	39.92%	71.70%
ROIC	-6.67%	17.39%

Dividends

Metric	BA	LMT
Dividend yield	N/A	2.40%
Payout ratio	N/A	63.31%

Growth (annualized)

Metric	BA	LMT
Revenue CAGR (5Y)	8.80%	2.88%
EPS CAGR (5Y)	N/A	-2.44%
FCF CAGR (5Y)	12.62%	13.21%
Total return CAGR (5Y)	-1.57%	11.82%

Frequently asked

Which has the lower trailing P/E, BA or LMT?: LMT has the lower trailing P/E: BA trades at 92.65 and LMT at 20.98. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, BA or LMT?: Over the past five years, BA grew revenue faster — BA at a 8.80% CAGR versus LMT at 2.88%.
Does BA or LMT pay a bigger dividend?: LMT pays a dividend (2.40% yield), while BA is a former payer with no current dividend run rate.
Is BA or LMT more profitable?: LMT runs the higher net margin — BA at 2.59% versus LMT at 8.16%.
How have BA and LMT total returns compared?: Over the past 10 years, BA delivered 5.79% and LMT delivered 11.37% annualized total return. 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 July 30, 2026.