GE Aerospace (GE) vs Lockheed Martin Corporation (LMT)

LMT leads on 10 of 16 compared metrics.

A side-by-side comparison of GE Aerospace and Lockheed Martin Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — GE vs LMT

growth of $100 · last 30y
GE +390.3%LMT +1190.2%LMT compounded faster
05001k2kStart $100200120062011201620212026$490$1,290
GE LMT

GE vs LMT: by the numbers

  • GE is the larger company ($350.33B vs $124.58B market cap).
  • LMT trades at the lower earnings multiple (26.17 vs 41.40 P/E).
  • GE converts more revenue to profit (17.91% vs 6.38% net margin).
  • LMT grew revenue faster over the past five years (2.62% vs -8.24% CAGR).
  • LMT pays the higher dividend yield (2.53% vs 0.46%).

Which is better, GE or LMT?

Metric tally: GE 6 · LMT 10

It depends on what you're optimizing for:

ValueLMT(lower P/E)
GrowthLMT(faster 5Y revenue CAGR)
IncomeLMT(higher dividend yield)
QualityLMT(higher ROIC)

Valuation

MetricGELMT
P/E ratio41.4026.17
Forward P/E38.9716.87
P/S ratio7.281.66
P/B ratio19.4816.67
PEG ratio1.08
EV / EBITDA30.7616.97
FCF yield2.12%4.54%

Profitability

MetricGELMT
Gross margin34.82%9.82%
Operating margin18.51%9.88%
Net margin17.91%6.38%
ROE47.96%64.00%
ROIC8.12%17.39%

Dividends

MetricGELMT
Dividend yield0.46%2.53%
Payout ratio19.00%63.31%

Growth (annualized)

MetricGELMT
Revenue CAGR (5Y)-8.24%2.62%
EPS CAGR (5Y)11.81%-2.44%
FCF CAGR (5Y)100.49%-0.69%
Total return CAGR (5Y)38.16%9.78%

Frequently asked

Which is better, GE or LMT?
It depends on your goal. value: LMT (lower P/E); growth: LMT (faster 5Y revenue CAGR); income: LMT (higher dividend yield); quality: LMT (higher ROIC). Across all compared metrics, LMT leads 10 to 6.
Is GE or LMT cheaper?
On trailing earnings, LMT is cheaper: GE trades at a 41.40 P/E and LMT at 26.17.
Which has grown faster, GE or LMT?
Over the past five years, LMT grew revenue faster — GE at a -8.24% CAGR versus LMT at 2.62%.
Does GE or LMT pay a bigger dividend?
GE yields 0.46% and LMT yields 2.53% based on trailing dividends and the latest price.
Is GE or LMT more profitable?
GE runs the higher net margin — GE at 17.91% versus LMT at 6.38%.
Which has been the better investment, GE or LMT?
Over the past 10-year, LMT delivered the higher annualized total return — GE at 10.12% versus LMT at 11.34%. 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 June 14, 2026.