Is LMT or UPS cheaper?

On trailing earnings, UPS is cheaper: LMT trades at a 26.17 P/E and UPS at 17.49.

Which has grown faster, LMT or UPS?

Over the past five years, LMT grew revenue faster — LMT at a 2.62% CAGR versus UPS at -0.23%.

Does LMT or UPS pay a bigger dividend?

LMT yields 2.53% and UPS yields 6.07% based on trailing dividends and the latest price.

Is LMT or UPS more profitable?

LMT runs the higher net margin — LMT at 6.38% versus UPS at 5.94%.

Which has been the better investment, LMT or UPS?

Over the past 10-year, LMT delivered the higher annualized total return — LMT at 11.34% versus UPS at 4.22%. Past performance doesn't predict future results.

Lockheed Martin Corporation (LMT) vs United Parcel Service, Inc. (UPS)

UPS leads on 9 of 16 compared metrics.

A side-by-side comparison of Lockheed Martin Corporation and United Parcel Service, Inc. 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

$124.58B

$540.33Industrials

UPS

United Parcel Service, Inc.

$91.89B

$108.10Industrials

Total return — LMT vs UPS

growth of $100 · last 27y

LMT +2715.7%UPS +58.7%LMT compounded faster

Log scale — wide-divergence pair

LMT UPS

LMT vs UPS: by the numbers

•LMT is the larger company ($124.58B vs $91.89B market cap).
•UPS trades at the lower earnings multiple (17.49 vs 26.17 P/E).
•LMT converts more revenue to profit (6.38% vs 5.94% net margin).
•LMT grew revenue faster over the past five years (2.62% vs -0.23% CAGR).
•UPS pays the higher dividend yield (6.07% vs 2.53%).

Which is better, LMT or UPS?

Metric tally: LMT 7 · UPS 9

It depends on what you're optimizing for:

ValueUPS(lower P/E)

GrowthLMT(faster 5Y revenue CAGR)

IncomeUPS(higher dividend yield)

QualityLMT(higher ROIC)

Valuation

Metric	LMT	UPS
P/E ratio	26.17	17.49●
Forward P/E	16.87	13.63●
P/S ratio	1.66	1.04●
P/B ratio	16.67	5.83●
PEG ratio	—	0.52
EV / EBITDA	16.97	9.85●
FCF yield	4.54%	4.91%●

Profitability

Metric	LMT	UPS
Gross margin	9.82%	17.79%●
Operating margin	9.88%●	8.46%
Net margin	6.38%●	5.94%
ROE	64.00%●	33.30%
ROIC	17.39%●	10.40%

Dividends

Metric	LMT	UPS
Dividend yield	2.53%	6.07%●
Payout ratio	63.31%	100.00%

Growth (annualized)

Metric	LMT	UPS
Revenue CAGR (5Y)	2.62%●	-0.23%
EPS CAGR (5Y)	-2.44%	33.45%●
FCF CAGR (5Y)	-0.69%●	-8.72%
Total return CAGR (5Y)	9.78%●	-7.79%

Frequently asked

Which is better, LMT or UPS?: It depends on your goal. value: UPS (lower P/E); growth: LMT (faster 5Y revenue CAGR); income: UPS (higher dividend yield); quality: LMT (higher ROIC). Across all compared metrics, UPS leads 9 to 7.
Is LMT or UPS cheaper?: On trailing earnings, UPS is cheaper: LMT trades at a 26.17 P/E and UPS at 17.49.
Which has grown faster, LMT or UPS?: Over the past five years, LMT grew revenue faster — LMT at a 2.62% CAGR versus UPS at -0.23%.
Does LMT or UPS pay a bigger dividend?: LMT yields 2.53% and UPS yields 6.07% based on trailing dividends and the latest price.
Is LMT or UPS more profitable?: LMT runs the higher net margin — LMT at 6.38% versus UPS at 5.94%.
Which has been the better investment, LMT or UPS?: Over the past 10-year, LMT delivered the higher annualized total return — LMT at 11.34% versus UPS at 4.22%. Past performance doesn't predict future results.

Go deeper

Full LMT analysis Full UPS analysis Interactive comparison tool

Dig into the metrics

Lockheed Martin P/E ratio United Parcel Service P/E ratio Lockheed Martin dividend yield United Parcel Service dividend yield Lockheed Martin ROE United Parcel Service ROE Lockheed Martin operating margin United Parcel Service operating margin Lockheed Martin revenue growth United Parcel Service revenue growth Lockheed Martin free cash flow United Parcel Service free cash flow

Lockheed Martin & United Parcel Service appear in these rankings

Highest Dividend Yield Stocks 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 June 14, 2026.