CSX Corporation (CSX) vs Lockheed Martin Corporation (LMT)
A side-by-side comparison of CSX Corporation and Lockheed Martin Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 11, 2026. Differences are shown without an overall score or investment verdict.
CSX
CSX Corporation
$48.95IndustrialsDelayed quote: Sep 11, 2026, 4:00 PM EDT
LMT
Lockheed Martin Corporation
$524.19IndustrialsDelayed quote: Sep 11, 2026, 4:01 PM EDT
Total return — CSX vs LMT
growth of $100 · dividends reinvested · last 10yCSX +482.6% (+19.3%/yr)LMT +190.9% (+11.3%/yr)CSX compounded faster over this window
CSX LMT
CSX vs LMT: by the numbers
- •LMT is the larger company ($120.98B vs $90.68B market cap).
- •LMT trades at the lower trailing earnings multiple (19.32 vs 28.29 P/E), one valuation lens rather than an overall verdict.
- •CSX converts more revenue to profit (22.21% vs 8.16% net margin).
- •CSX grew revenue faster over the past five years (5.18% vs 2.88% CAGR).
- •LMT pays the higher dividend yield (2.60% vs 1.12%).
Metrics side by side
Valuation
| Metric | CSX | LMT |
|---|---|---|
| P/E ratio | 28.29 | 19.32 |
| Forward P/E | 24.37 | 17.23 |
| P/S ratio | 6.25 | 1.57 |
| P/B ratio | 6.44 | 13.80 |
| EV / EBITDA | 16.49 | 12.70 |
| FCF yield | 2.24% | 7.22% |
Profitability
| Metric | CSX | LMT |
|---|---|---|
| Gross margin | 33.25% | 11.80% |
| Operating margin | 34.15% | 11.88% |
| Net margin | 22.21% | 8.16% |
| ROE | 22.89% | 71.70% |
| ROIC | 8.99% | 20.07% |
Dividends
| Metric | CSX | LMT |
|---|---|---|
| Dividend yield | 1.12% | 2.60% |
| Payout ratio | 31.79% | 50.87% |
Growth (annualized)
| Metric | CSX | LMT |
|---|---|---|
| Revenue CAGR (5Y) | 5.18% | 2.88% |
| EPS CAGR (5Y) | 5.12% | -2.44% |
| FCF CAGR (5Y) | -8.29% | 11.90% |
| Total return CAGR (5Y) | 11.13% | 11.87% |
Frequently asked
- Which has the lower trailing P/E, CSX or LMT?
- LMT has the lower trailing P/E: CSX trades at 28.29 and LMT at 19.32. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, CSX or LMT?
- Over the past five years, CSX grew revenue faster — CSX at a 5.18% CAGR versus LMT at 2.88%.
- Does CSX or LMT pay a bigger dividend?
- CSX yields 1.12% and LMT yields 2.60% based on trailing dividends and the latest price.
- Is CSX or LMT more profitable?
- CSX runs the higher net margin — CSX at 22.21% versus LMT at 8.16%.
- How have CSX and LMT total returns compared?
- Over the past 10 years, CSX delivered 19.71% and LMT delivered 11.24% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
CSX P/E ratioLockheed Martin P/E ratioCSX dividend yieldLockheed Martin dividend yieldCSX ROELockheed Martin ROECSX operating marginLockheed Martin operating marginCSX revenue growthLockheed Martin revenue growthCSX free cash flowLockheed Martin free cash flow
CSX & Lockheed Martin appear in these rankings
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 September 11, 2026.