Deere & Company (DE) vs Lockheed Martin Corporation (LMT)

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 July 29, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnDE vs LMT

growth of $100 · dividends reinvested · last 30y
DE +6212.4%LMT +2876.6%DE compounded faster
02k4k6kStart $100200120062011201620212026$6,312$2,977
DE LMT

DE vs LMT: by the numbers

  • DE is the larger company ($164.92B vs $131.41B market cap).
  • LMT trades at the lower trailing earnings multiple (21.43 vs 36.25 P/E), one valuation lens rather than an overall verdict.
  • DE converts more revenue to profit (10.21% vs 8.16% net margin).
  • DE grew revenue faster over the past five years (3.78% vs 2.88% CAGR).
  • LMT pays the higher dividend yield (2.35% vs 1.01%).

Metrics side by side

Valuation

MetricDELMT
P/E ratio36.2521.43
Forward P/E35.3419.28
P/S ratio3.701.74
P/B ratio6.3215.32
EV / EBITDA21.0114.47
FCF yield2.17%6.89%

Profitability

MetricDELMT
Gross margin35.40%11.80%
Operating margin18.38%11.88%
Net margin10.21%8.16%
ROE17.45%71.70%
ROIC7.13%17.39%

Dividends

MetricDELMT
Dividend yield1.01%2.35%
Payout ratio34.91%63.31%

Growth (annualized)

MetricDELMT
Revenue CAGR (5Y)3.78%2.88%
EPS CAGR (5Y)-0.77%-2.44%
FCF CAGR (5Y)-9.34%13.21%
Total return CAGR (5Y)14.09%12.28%

Frequently asked

Which has the lower trailing P/E, DE or LMT?
LMT has the lower trailing P/E: DE trades at 36.25 and LMT at 21.43. P/E is one valuation measure and does not by itself establish which business is cheaper.
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 2.88%.
Does DE or LMT pay a bigger dividend?
DE yields 1.01% and LMT yields 2.35% 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 8.16%.
How have DE and LMT total returns compared?
Over the past 10 years, DE delivered 25.34% and LMT delivered 11.53% annualized total return. Past performance doesn't predict future results.

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 29, 2026.