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).
LMT
Lockheed Martin Corporation
$540.33Industrials
RTX
RTX Corporation
$183.53Industrials
Total return — LMT vs RTX
growth of $100 · last 30yLMT +1190.2%RTX +2146.4%RTX compounded faster
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 7It 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
| Metric | LMT | RTX |
|---|---|---|
| P/E ratio | 26.17● | 34.43 |
| Forward P/E | 16.87● | 24.07 |
| P/S ratio | 1.66● | 2.77 |
| P/B ratio | 16.67 | 3.78● |
| PEG ratio | — | 0.91 |
| EV / EBITDA | 16.97● | 18.31 |
| FCF yield | 4.54%● | 3.34% |
Profitability
| Metric | LMT | RTX |
|---|---|---|
| Gross margin | 9.82% | 20.21%● |
| Operating margin | 9.88% | 10.87%● |
| Net margin | 6.38% | 8.03%● |
| ROE | 64.00%● | 10.95% |
| ROIC | 17.39%● | 6.49% |
Dividends
| Metric | LMT | RTX |
|---|---|---|
| Dividend yield | 2.53%● | 1.51% |
| Payout ratio | 63.31% | 55.18% |
Growth (annualized)
| Metric | LMT | RTX |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Lockheed Martin P/E ratioRTX P/E ratioLockheed Martin dividend yieldRTX dividend yieldLockheed Martin ROERTX ROELockheed Martin operating marginRTX operating marginLockheed Martin revenue growthRTX revenue growthLockheed Martin free cash flowRTX free cash flow
Lockheed Martin & RTX 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.