Lockheed Martin Corporation (LMT) vs State Street SPDR S&P 500 ETF (SPY)

Over the past 10 years, LMT lagged SPY — 11.24% vs 15.36% annualized total return (price plus dividends).

A side-by-side comparison of Lockheed Martin Corporation and State Street SPDR S&P 500 ETF 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.

Compare

Total returnLMT vs SPY

growth of $100 · dividends reinvested · last 10y
LMT +190.9% (+11.3%/yr)SPY +315.1% (+15.3%/yr)SPY compounded faster over this window
100200300400Start $10020182020202220242026$291$415
LMT SPY

Metrics side by side

Did LMT beat SPY?

Over the past 10 years, LMT lagged SPY — 11.24% vs 15.36% annualized total return (price plus dividends).

Total return (annualized)

MetricLMTSPY
Total return (1Y)17.29%17.49%
Total return CAGR (3Y)10.71%20.82%
Total return CAGR (5Y)11.87%12.73%
Total return CAGR (10Y)11.24%15.36%

SPY is an index fund, so valuation, profitability, and per-company growth metrics don't apply — the head-to-head here is total return (price plus reinvested dividends).

Frequently asked

Has LMT beaten SPY?
Over the past 10 years, LMT lagged SPY — 11.24% vs 15.36% annualized total return (price plus dividends).

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.