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.
DE
Deere & Company
$610.95IndustrialsDelayed quote: Jul 29, 2026, 4:00 PM EDT
LMT
Lockheed Martin Corporation
$569.40IndustrialsDelayed quote: Jul 29, 2026, 4:00 PM EDT
Total return — DE vs LMT
growth of $100 · dividends reinvested · last 30yDE +6212.4%LMT +2876.6%DE compounded faster
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
| Metric | DE | LMT |
|---|---|---|
| P/E ratio | 36.25 | 21.43 |
| Forward P/E | 35.34 | 19.28 |
| P/S ratio | 3.70 | 1.74 |
| P/B ratio | 6.32 | 15.32 |
| EV / EBITDA | 21.01 | 14.47 |
| FCF yield | 2.17% | 6.89% |
Profitability
| Metric | DE | LMT |
|---|---|---|
| Gross margin | 35.40% | 11.80% |
| Operating margin | 18.38% | 11.88% |
| Net margin | 10.21% | 8.16% |
| ROE | 17.45% | 71.70% |
| ROIC | 7.13% | 17.39% |
Dividends
| Metric | DE | LMT |
|---|---|---|
| Dividend yield | 1.01% | 2.35% |
| Payout ratio | 34.91% | 63.31% |
Growth (annualized)
| Metric | DE | LMT |
|---|---|---|
| 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.
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 July 29, 2026.