Deere & Company (DE) vs Lockheed Martin Corporation (LMT)
LMT leads on 9 of 16 compared metrics.
A side-by-side comparison of Deere & Company and Lockheed Martin Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — DE vs LMT
growth of $100 · last 30yDE +2675.0%LMT +1175.0%DE compounded faster
DE LMT
DE vs LMT: by the numbers
- •DE is the larger company ($155.88B vs $124.58B market cap).
- •LMT trades at the lower earnings multiple (26.17 vs 32.72 P/E).
- •DE converts more revenue to profit (10.21% vs 6.38% net margin).
- •DE grew revenue faster over the past five years (3.78% vs 2.62% CAGR).
- •LMT pays the higher dividend yield (2.53% vs 1.12%).
Which is better, DE or LMT?
Metric tally: DE 7 · LMT 9It depends on what you're optimizing for:
ValueLMT(lower P/E)
GrowthDE(faster 5Y revenue CAGR)
IncomeLMT(higher dividend yield)
QualityLMT(higher ROIC)
Valuation
| Metric | DE | LMT |
|---|---|---|
| P/E ratio | 32.72 | 26.17● |
| Forward P/E | 31.95 | 16.87● |
| P/S ratio | 3.34 | 1.66● |
| P/B ratio | 5.71● | 16.67 |
| PEG ratio | 2.02 | — |
| EV / EBITDA | 19.54 | 17.81● |
| FCF yield | 2.41% | 4.54%● |
Profitability
| Metric | DE | LMT |
|---|---|---|
| Gross margin | 35.40%● | 9.82% |
| Operating margin | 18.38%● | 9.88% |
| Net margin | 10.21%● | 6.38% |
| ROE | 17.45% | 64.00%● |
| ROIC | 7.13% | 17.39%● |
Dividends
| Metric | DE | LMT |
|---|---|---|
| Dividend yield | 1.12% | 2.53%● |
| Payout ratio | 34.91% | 63.31% |
Growth (annualized)
| Metric | DE | LMT |
|---|---|---|
| Revenue CAGR (5Y) | 3.78%● | 2.62% |
| EPS CAGR (5Y) | 16.17%● | -2.44% |
| FCF CAGR (5Y) | -9.34% | -0.69%● |
| Total return CAGR (5Y) | 12.54%● | 9.78% |
Frequently asked
- Which is better, DE or LMT?
- It depends on your goal. value: LMT (lower P/E); growth: DE (faster 5Y revenue CAGR); income: LMT (higher dividend yield); quality: LMT (higher ROIC). Across all compared metrics, LMT leads 9 to 7.
- Is DE or LMT cheaper?
- On trailing earnings, LMT is cheaper: DE trades at a 32.72 P/E and LMT at 26.17.
- Which has grown faster, DE or LMT?
- Over the past five years, DE grew revenue faster — DE at a 3.78% CAGR versus LMT at 2.62%.
- Does DE or LMT pay a bigger dividend?
- DE yields 1.12% and LMT yields 2.53% based on trailing dividends and the latest price.
- Is DE or LMT more profitable?
- DE runs the higher net margin — DE at 10.21% versus LMT at 6.38%.
- Which has been the better investment, DE or LMT?
- Over the past 10-year, DE delivered the higher annualized total return — DE at 22.98% versus LMT at 11.34%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Deere & P/E ratioLockheed Martin P/E ratioDeere & dividend yieldLockheed Martin dividend yieldDeere & ROELockheed Martin ROEDeere & operating marginLockheed Martin operating marginDeere & revenue growthLockheed Martin revenue growthDeere & free cash flowLockheed Martin free cash flow
Deere & & 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 June 13, 2026.