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

LMT has the lower trailing P/E: LMT trades at 19.32 and PH at 33.35. 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 8.43%.

Does LMT or PH pay a bigger dividend?

LMT yields 2.60% and PH yields 0.80% 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 16.97%.

How have LMT and PH total returns compared?

Over the past 10 years, LMT delivered 11.24% and PH delivered 24.74% 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 September 11, 2026. Differences are shown without an overall score or investment verdict.

LMT

Lockheed Martin Corporation

$120.98B

$524.19IndustrialsDelayed quote: Sep 11, 2026, 4:01 PM EDT

Parker-Hannifin Corporation

$119.81B

$950.23IndustrialsDelayed quote: Sep 11, 2026, 4:00 PM EDT

Total return — LMT vs PH

growth of $100 · dividends reinvested · last 10y

LMT +192.4% (+11.3%/yr)PH +806.5% (+24.7%/yr)PH compounded faster over this window

LMT PH

LMT vs PH: by the numbers

•LMT is the larger company ($120.98B vs $119.81B market cap).
•LMT trades at the lower trailing earnings multiple (19.32 vs 33.35 P/E), one valuation lens rather than an overall verdict.
•PH converts more revenue to profit (16.97% vs 8.16% net margin).
•PH grew revenue faster over the past five years (8.43% vs 2.88% CAGR).
•LMT pays the higher dividend yield (2.60% vs 0.80%).

Metrics side by side

Valuation

Metric	LMT	PH
P/E ratio	19.32	33.35
Forward P/E	17.23	27.05
P/S ratio	1.57	5.57
P/B ratio	13.80	7.78
EV / EBITDA	12.70	23.36
FCF yield	7.22%	3.26%

Profitability

Metric	LMT	PH
Gross margin	11.80%	37.69%
Operating margin	11.88%	21.55%
Net margin	8.16%	16.97%
ROE	71.70%	23.68%
ROIC	20.07%	13.94%

Dividends

Metric	LMT	PH
Dividend yield	2.60%	0.80%
Payout ratio	50.87%	26.68%

Growth (annualized)

Metric	LMT	PH
Revenue CAGR (5Y)	2.88%	8.43%
EPS CAGR (5Y)	-2.44%	16.37%
FCF CAGR (5Y)	11.90%	10.55%
Total return CAGR (5Y)	11.87%	28.56%

Frequently asked

Which has the lower trailing P/E, LMT or PH?: LMT has the lower trailing P/E: LMT trades at 19.32 and PH at 33.35. 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 8.43%.
Does LMT or PH pay a bigger dividend?: LMT yields 2.60% and PH yields 0.80% 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 16.97%.
How have LMT and PH total returns compared?: Over the past 10 years, LMT delivered 11.24% and PH delivered 24.74% 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 ROIC 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 September 11, 2026.