Which has the lower trailing P/E, LMT or PH?

LMT has the lower trailing P/E: LMT trades at 21.38 and PH at 36.43. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, LMT or PH?

Over the past five years, PH grew revenue faster — LMT at a 2.88% CAGR versus PH at 9.15%.

Does LMT or PH pay a bigger dividend?

LMT yields 2.35% and PH yields 0.75% based on trailing dividends and the latest price.

Is LMT or PH more profitable?

PH runs the higher net margin — LMT at 8.16% versus PH at 16.58%.

How have LMT and PH total returns compared?

Over the past 10 years, LMT delivered 11.52% and PH delivered 25.89% annualized total return. Past performance doesn't predict future results.

Lockheed Martin Corporation (LMT) vs Parker-Hannifin Corporation (PH)

A side-by-side comparison of Lockheed Martin Corporation and Parker-Hannifin Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.

LMT

Lockheed Martin Corporation

$134.16B

$581.31IndustrialsDelayed quote: Jul 28, 2026, 4:02 PM EDT

Parker-Hannifin Corporation

$124.95B

$990.96IndustrialsDelayed quote: Jul 28, 2026, 4:00 PM EDT

Total return — LMT vs PH

growth of $100 · dividends reinvested · last 30y

LMT +2869.9%PH +10042.3%PH compounded faster

LMT PH

LMT vs PH: by the numbers

•LMT is the larger company ($134.16B vs $124.95B market cap).
•LMT trades at the lower trailing earnings multiple (21.38 vs 36.43 P/E), one valuation lens rather than an overall verdict.
•PH converts more revenue to profit (16.58% vs 8.16% net margin).
•PH grew revenue faster over the past five years (9.15% vs 2.88% CAGR).
•LMT pays the higher dividend yield (2.35% vs 0.75%).

Metrics side by side

Valuation

Metric	LMT	PH
P/E ratio	21.38	36.43
Forward P/E	19.24	31.54
P/S ratio	1.74	6.02
P/B ratio	15.29	8.65
PEG ratio	N/A	1.04
EV / EBITDA	14.44	25.52
FCF yield	6.90%	2.91%

Profitability

Metric	LMT	PH
Gross margin	11.80%	37.23%
Operating margin	11.88%	20.87%
Net margin	8.16%	16.58%
ROE	71.70%	23.82%
ROIC	17.39%	13.69%

Dividends

Metric	LMT	PH
Dividend yield	2.35%	0.75%
Payout ratio	63.31%	26.89%

Growth (annualized)

Metric	LMT	PH
Revenue CAGR (5Y)	2.88%	9.15%
EPS CAGR (5Y)	-2.44%	24.00%
FCF CAGR (5Y)	13.21%	8.25%
Total return CAGR (5Y)	12.11%	27.78%

Frequently asked

Which has the lower trailing P/E, LMT or PH?: LMT has the lower trailing P/E: LMT trades at 21.38 and PH at 36.43. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, LMT or PH?: Over the past five years, PH grew revenue faster — LMT at a 2.88% CAGR versus PH at 9.15%.
Does LMT or PH pay a bigger dividend?: LMT yields 2.35% and PH yields 0.75% based on trailing dividends and the latest price.
Is LMT or PH more profitable?: PH runs the higher net margin — LMT at 8.16% versus PH at 16.58%.
How have LMT and PH total returns compared?: Over the past 10 years, LMT delivered 11.52% and PH delivered 25.89% annualized total return. Past performance doesn't predict future results.

Go deeper

Full LMT analysis Full PH analysis Interactive comparison tool

Dig into the metrics

Lockheed Martin P/E ratio Parker-Hannifin P/E ratio Lockheed Martin dividend yield Parker-Hannifin dividend yield Lockheed Martin ROE Parker-Hannifin ROE Lockheed Martin operating margin Parker-Hannifin operating margin Lockheed Martin revenue growth Parker-Hannifin revenue growth Lockheed Martin free cash flow Parker-Hannifin free cash flow

Lockheed Martin & Parker-Hannifin appear in these rankings

Highest Dividend Yield Stocks 25+ Year Dividend Growers Highest ROE Stocks Highest FCF Yield Stocks

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 28, 2026.