Emerson Electric Co. (EMR) vs Lockheed Martin Corporation (LMT)
A side-by-side comparison of Emerson Electric Co. and Lockheed Martin Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 3, 2026. Differences are shown without an overall score or investment verdict.
EMR
Emerson Electric Co.
$161.61IndustrialsDelayed quote: Oct 2, 2026, 4:02 PM EDT
LMT
Lockheed Martin Corporation
$505.41IndustrialsDelayed quote: Oct 2, 2026, 4:00 PM EDT
Total return — EMR vs LMT
growth of $100 · dividends reinvested · last 10yEMR +298.4% (+14.8%/yr)LMT +182.3% (+10.9%/yr)EMR compounded faster over this window
EMR LMT
EMR vs LMT: by the numbers
- •LMT is the larger company ($116.64B vs $90.52B market cap).
- •LMT trades at the lower trailing earnings multiple (18.63 vs 35.36 P/E), one valuation lens rather than an overall verdict.
- •EMR converts more revenue to profit (13.83% vs 8.16% net margin).
- •LMT grew revenue faster over the past five years (2.88% vs 0.87% CAGR).
- •LMT pays the higher dividend yield (2.73% vs 1.37%).
Metrics side by side
Valuation
| Metric | EMR | LMT |
|---|---|---|
| P/E ratio | 35.36 | 18.63 |
| Forward P/E | 22.14 | 16.60 |
| PEG ratio | 7.82 | N/A |
| P/S ratio | 4.86 | 1.51 |
| P/B ratio | 4.44 | 13.30 |
| EV / EBITDA | 20.19 | 12.30 |
| FCF yield | 3.82% | 7.48% |
Profitability
| Metric | EMR | LMT |
|---|---|---|
| Gross margin | 53.16% | 11.80% |
| Operating margin | 20.11% | 11.88% |
| Net margin | 13.83% | 8.16% |
| ROE | 12.65% | 71.70% |
| ROIC | 7.93% | 20.07% |
Dividends
| Metric | EMR | LMT |
|---|---|---|
| Dividend yield | 1.37% | 2.73% |
| Payout ratio | 48.58% | 50.87% |
Growth (annualized)
| Metric | EMR | LMT |
|---|---|---|
| Revenue CAGR (5Y) | 0.87% | 2.88% |
| EPS CAGR (5Y) | 4.54% | -2.44% |
| FCF CAGR (5Y) | 0.41% | 11.90% |
| Total return CAGR (5Y) | 13.40% | 10.68% |
Frequently asked
- Which has the lower trailing P/E, EMR or LMT?
- LMT has the lower trailing P/E: EMR trades at 35.36 and LMT at 18.63. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, EMR or LMT?
- Over the past five years, LMT grew revenue faster — EMR at a 0.87% CAGR versus LMT at 2.88%.
- Does EMR or LMT pay a bigger dividend?
- EMR yields 1.37% and LMT yields 2.73% based on trailing dividends and the latest price.
- Is EMR or LMT more profitable?
- EMR runs the higher net margin — EMR at 13.83% versus LMT at 8.16%.
- How have EMR and LMT total returns compared?
- Over the past 10 years, EMR delivered 14.23% and LMT delivered 10.63% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Emerson Electric P/E ratioLockheed Martin P/E ratioEmerson Electric dividend yieldLockheed Martin dividend yieldEmerson Electric ROELockheed Martin ROEEmerson Electric operating marginLockheed Martin operating marginEmerson Electric revenue growthLockheed Martin revenue growthEmerson Electric free cash flowLockheed Martin free cash flow
Emerson Electric & 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 October 3, 2026.