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 30yGE +390.3%LMT +1190.2%LMT compounded faster
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 10It depends on what you're optimizing for:
ValueLMT(lower P/E)
GrowthLMT(faster 5Y revenue CAGR)
IncomeLMT(higher dividend yield)
QualityLMT(higher ROIC)
Valuation
| Metric | GE | LMT |
|---|---|---|
| P/E ratio | 41.40 | 26.17● |
| Forward P/E | 38.97 | 16.87● |
| P/S ratio | 7.28 | 1.66● |
| P/B ratio | 19.48 | 16.67● |
| PEG ratio | 1.08 | — |
| EV / EBITDA | 30.76 | 16.97● |
| FCF yield | 2.12% | 4.54%● |
Profitability
| Metric | GE | LMT |
|---|---|---|
| Gross margin | 34.82%● | 9.82% |
| Operating margin | 18.51%● | 9.88% |
| Net margin | 17.91%● | 6.38% |
| ROE | 47.96% | 64.00%● |
| ROIC | 8.12% | 17.39%● |
Dividends
| Metric | GE | LMT |
|---|---|---|
| Dividend yield | 0.46% | 2.53%● |
| Payout ratio | 19.00% | 63.31% |
Growth (annualized)
| Metric | GE | LMT |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
GE Aerospace P/E ratioLockheed Martin P/E ratioGE Aerospace dividend yieldLockheed Martin dividend yieldGE Aerospace ROELockheed Martin ROEGE Aerospace operating marginLockheed Martin operating marginGE Aerospace revenue growthLockheed Martin revenue growthGE Aerospace free cash flowLockheed Martin free cash flow
GE Aerospace & 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 14, 2026.