Lockheed Martin Corporation (LMT) vs RTX Corporation (RTX)

LMT leads on 9 of 16 compared metrics.

A side-by-side comparison of Lockheed Martin Corporation and RTX 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 — LMT vs RTX

growth of $100 · last 30y
LMT +1190.2%RTX +2146.4%RTX compounded faster
01k2kStart $100200120062011201620212026$1,290$2,246
LMT RTX

LMT vs RTX: by the numbers

  • RTX is the larger company ($247.16B vs $124.58B market cap).
  • LMT trades at the lower earnings multiple (26.17 vs 34.43 P/E).
  • RTX converts more revenue to profit (8.03% vs 6.38% net margin).
  • RTX grew revenue faster over the past five years (8.37% vs 2.62% CAGR).
  • LMT pays the higher dividend yield (2.53% vs 1.51%).

Which is better, LMT or RTX?

Metric tally: LMT 9 · RTX 7

It depends on what you're optimizing for:

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

Metrics side by side

Valuation

MetricLMTRTX
P/E ratio26.1734.43
Forward P/E16.8724.07
P/S ratio1.662.77
P/B ratio16.673.78
PEG ratio0.91
EV / EBITDA16.9718.31
FCF yield4.54%3.34%

Profitability

MetricLMTRTX
Gross margin9.82%20.21%
Operating margin9.88%10.87%
Net margin6.38%8.03%
ROE64.00%10.95%
ROIC17.39%6.49%

Dividends

MetricLMTRTX
Dividend yield2.53%1.51%
Payout ratio63.31%55.18%

Growth (annualized)

MetricLMTRTX
Revenue CAGR (5Y)2.62%8.37%
EPS CAGR (5Y)-2.44%-4.16%
FCF CAGR (5Y)-0.69%37.83%
Total return CAGR (5Y)9.78%18.19%

Frequently asked

Which is better, LMT or RTX?
It depends on your goal. value: LMT (lower P/E); growth: RTX (faster 5Y revenue CAGR); income: LMT (higher dividend yield); quality: LMT (higher ROIC). Across all compared metrics, LMT leads 9 to 7.
Is LMT or RTX cheaper?
On trailing earnings, LMT is cheaper: LMT trades at a 26.17 P/E and RTX at 34.43.
Which has grown faster, LMT or RTX?
Over the past five years, RTX grew revenue faster — LMT at a 2.62% CAGR versus RTX at 8.37%.
Does LMT or RTX pay a bigger dividend?
LMT yields 2.53% and RTX yields 1.51% based on trailing dividends and the latest price.
Is LMT or RTX more profitable?
RTX runs the higher net margin — LMT at 6.38% versus RTX at 8.03%.
Which has been the better investment, LMT or RTX?
Over the past 10-year, RTX delivered the higher annualized total return — LMT at 11.34% versus RTX at 14.46%. 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.