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

LMT has the lower trailing P/E: LMT trades at 19.32 and WM at 30.24. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, LMT or WM?

Over the past five years, WM grew revenue faster — LMT at a 2.88% CAGR versus WM at 9.22%.

Does LMT or WM pay a bigger dividend?

LMT yields 2.60% and WM yields 1.64% based on trailing dividends and the latest price.

Is LMT or WM more profitable?

WM runs the higher net margin — LMT at 8.16% versus WM at 11.12%.

How have LMT and WM total returns compared?

Over the past 10 years, LMT delivered 11.24% and WM delivered 15.17% annualized total return. Past performance doesn't predict future results.

Lockheed Martin Corporation (LMT) vs Waste Management, Inc. (WM)

A side-by-side comparison of Lockheed Martin Corporation and Waste Management, Inc. 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

Waste Management, Inc.

$85.32B

$213.46IndustrialsDelayed quote: Sep 11, 2026, 4:00 PM EDT

Total return — LMT vs WM

growth of $100 · dividends reinvested · last 10y

LMT +192.4% (+11.3%/yr)WM +301.6% (+14.9%/yr)WM compounded faster over this window

LMT WM

LMT vs WM: by the numbers

•LMT is the larger company ($120.98B vs $85.32B market cap).
•LMT trades at the lower trailing earnings multiple (19.32 vs 30.24 P/E), one valuation lens rather than an overall verdict.
•WM converts more revenue to profit (11.12% vs 8.16% net margin).
•WM grew revenue faster over the past five years (9.22% vs 2.88% CAGR).
•LMT pays the higher dividend yield (2.60% vs 1.64%).

Metrics side by side

Valuation

Metric	LMT	WM
P/E ratio	19.32	30.24
Forward P/E	17.23	26.32
P/S ratio	1.57	3.32
P/B ratio	13.80	8.60
EV / EBITDA	12.70	13.92
FCF yield	7.22%	4.19%

Profitability

Metric	LMT	WM
Gross margin	11.80%	35.04%
Operating margin	11.88%	18.54%
Net margin	8.16%	11.12%
ROE	71.70%	28.74%
ROIC	20.07%	9.01%

Dividends

Metric	LMT	WM
Dividend yield	2.60%	1.64%
Payout ratio	50.87%	50.14%

Growth (annualized)

Metric	LMT	WM
Revenue CAGR (5Y)	2.88%	9.22%
EPS CAGR (5Y)	-2.44%	13.68%
FCF CAGR (5Y)	11.90%	7.05%
Total return CAGR (5Y)	11.87%	8.67%

Frequently asked

Which has the lower trailing P/E, LMT or WM?: LMT has the lower trailing P/E: LMT trades at 19.32 and WM at 30.24. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, LMT or WM?: Over the past five years, WM grew revenue faster — LMT at a 2.88% CAGR versus WM at 9.22%.
Does LMT or WM pay a bigger dividend?: LMT yields 2.60% and WM yields 1.64% based on trailing dividends and the latest price.
Is LMT or WM more profitable?: WM runs the higher net margin — LMT at 8.16% versus WM at 11.12%.
How have LMT and WM total returns compared?: Over the past 10 years, LMT delivered 11.24% and WM delivered 15.17% annualized total return. Past performance doesn't predict future results.

Go deeper

Full LMT analysis Full WM analysis Interactive comparison tool

Dig into the metrics

Lockheed Martin P/E ratio Waste Management P/E ratio Lockheed Martin dividend yield Waste Management dividend yield Lockheed Martin ROE Waste Management ROE Lockheed Martin operating margin Waste Management operating margin Lockheed Martin revenue growth Waste Management revenue growth Lockheed Martin free cash flow Waste Management free cash flow

Lockheed Martin & Waste Management appear in these rankings

Highest Dividend Yield Stocks Highest ROE Stocks Highest ROIC 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 September 11, 2026.