Lockheed Martin Corporation (LMT) EV/EBITDA Ratio: 17.34x
Is Lockheed Martin Corporation’s EV/EBITDA ratio high or low?
Lockheed Martin Corporation's EV/EBITDA ratio of 17.34x is 23% above its 5-year average of 14.12x, near the high end of its 5-year range (9.76x–20.53x).
The EV/EBITDA ratio for Lockheed Martin Corporation (LMT) is 17.34x as of Wednesday, June 10, 2026. It is above its 12-month average by 0.72% (17.22x).
LMT EV/EBITDA Ratio Chart
LMT Average EV/EBITDA Ratio Chart
LMT Current vs Average EV/EBITDA Ratio Chart
LMT EV/EBITDA Ratio Metrics
EV/EBITDA RATIO
17.34x
EV/EBITDA RATIO AVG TTM
17.22x
EV/EBITDA RATIO AVG 3Y
14.50x
EV/EBITDA RATIO AVG 5Y
14.12x
EV/EBITDA RATIO AVG 10Y
13.78x
EV/EBITDA RATIO AVG 15Y
12.02x
EV/EBITDA RATIO AVG 20Y
10.86x
CURRENT VS TTM AVG
+0.72%
CURRENT VS 3Y AVG
+19.58%
CURRENT VS 5Y AVG
+22.77%
CURRENT VS 10Y AVG
+25.88%
CURRENT VS 15Y AVG
+44.22%
CURRENT VS 20Y AVG
+59.62%
LMT Competitors' EV/EBITDA Ratio
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lockheed Martin Corporation (LMT) | $121.37B | 17.34x | 17.22x | 14.50x | 14.12x |
| Honeywell International Inc. (HON) | $130.57B | 23.44x | 18.09x | 17.11x | 17.46x |
| Parker-Hannifin Corporation (PH) | $111.11B | 22.97x | 21.51x | 18.76x | 17.91x |
| Eaton Corporation plc (ETN) | $146.50B | 28.39x | 25.82x | 24.69x | 22.42x |
| Automatic Data Processing, Inc. (ADP) | $92.38B | 14.39x | 17.10x | 18.71x | 20.14x |
| Deere & Company (DE) | $152.34B | 19.22x | 16.79x | 12.90x | 13.62x |
| United Parcel Service, Inc. (UPS) | $87.79B | 9.20x | 9.03x | 10.07x | 10.91x |
| Cummins Inc. (CMI) | $87.60B | 19.53x | 14.20x | 11.67x | 11.02x |
| Johnson Controls International plc (JCI) | $85.03B | 27.76x | 25.94x | 22.35x | 19.89x |
| Union Pacific Corporation (UNP) | $159.00B | 14.62x | 13.57x | 14.05x | 14.36x |
EV/EBITDA vs. its own history
At 17.3, EV/EBITDA is richer than usual — richer than 98% of its 20-year range.
20-year low
4.2
median
11.2
20-year high
20.5
Understanding EV/EBITDA
Enterprise Value (EV) = Market Cap + Total Debt - Cash
EBITDA = Earnings Before Interest, Taxes, Depreciation & Amortization
EV/EBITDA is commonly used for comparing companies because:
- It accounts for debt levels (capital structure neutral)
- It removes effects of different depreciation policies
- It can be compared across countries with different tax rates
- It can remain available when net income is negative, if EBITDA is positive
Lockheed Martin Corporation EV/EBITDA Ratio Formula & Definition
EV/EBITDA = Enterprise Value / EBITDA (TTM)
Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Lockheed Martin Corporation EV/EBITDA Ratio FAQ
- What is the EV/EBITDA ratio for Lockheed Martin Corporation (LMT)?
- The EV/EBITDA ratio for LMT stock is 17.34x.
- Is Lockheed Martin Corporation's EV/EBITDA ratio high or low?
- Lockheed Martin Corporation's EV/EBITDA ratio of 17.34x is 23% above its 5-year average of 14.12x, near the high end of its 5-year range (9.76x–20.53x).
- What is the TTM average EV/EBITDA ratio for Lockheed Martin Corporation (LMT)?
- The TTM average EV/EBITDA ratio for LMT stock is 17.22x.
- What is the 3Y average EV/EBITDA ratio for Lockheed Martin Corporation (LMT)?
- The 3Y average EV/EBITDA ratio for LMT stock is 14.50x.
- What is the 5Y average EV/EBITDA ratio for Lockheed Martin Corporation (LMT)?
- The 5Y average EV/EBITDA ratio for LMT stock is 14.12x.
- What is the 10Y average EV/EBITDA ratio for Lockheed Martin Corporation (LMT)?
- The 10Y average EV/EBITDA ratio for LMT stock is 13.78x.
- What is the 15Y average EV/EBITDA ratio for Lockheed Martin Corporation (LMT)?
- The 15Y average EV/EBITDA ratio for LMT stock is 12.02x.
- What is the 20Y average EV/EBITDA ratio for Lockheed Martin Corporation (LMT)?
- The 20Y average EV/EBITDA ratio for LMT stock is 10.86x.
Lockheed Martin Corporation EV/EBITDA Ratio History
| DATE | EV/EBITDA RATIO |
|---|---|
| 2026-06-10 | 17.34x |
| 2026-06-09 | 17.47x |
| 2026-06-08 | 17.18x |
| 2026-06-05 | 17.29x |
| 2026-06-04 | 17.15x |
| 2026-06-03 | 16.95x |
| 2026-06-02 | 16.99x |
| 2026-06-01 | 17.08x |
| 2026-05-29 | 17.48x |
| 2026-05-28 | 17.67x |
| 2026-05-27 | 17.50x |
| 2026-05-26 | 17.55x |
| 2026-05-22 | 17.56x |
| 2026-05-21 | 17.26x |
| 2026-05-20 | 17.25x |
| 2026-05-19 | 17.37x |
| 2026-05-18 | 17.42x |
| 2026-05-15 | 17.07x |
| 2026-05-14 | 17.19x |
| 2026-05-13 | 17.18x |
| 2026-05-12 | 17.21x |
| 2026-05-11 | 16.96x |
| 2026-05-08 | 16.80x |
| 2026-05-07 | 16.96x |
| 2026-05-06 | 17.02x |
| 2026-05-05 | 16.86x |
| 2026-05-04 | 17.13x |
| 2026-05-01 | 16.97x |
| 2026-04-30 | 17.12x |
| 2026-04-29 | 16.89x |
| 2026-04-28 | 16.96x |
| 2026-04-27 | 16.99x |
| 2026-04-24 | 16.99x |
| 2026-04-23 | 17.46x |
| 2026-04-22 | 16.77x |
| 2026-04-21 | 17.21x |
| 2026-04-20 | 17.46x |
| 2026-04-17 | 17.75x |
| 2026-04-16 | 18.16x |
| 2026-04-15 | 18.25x |
| 2026-04-14 | 18.27x |
| 2026-04-13 | 18.48x |
| 2026-04-10 | 18.32x |
| 2026-04-09 | 18.59x |
| 2026-04-08 | 18.72x |
| 2026-04-07 | 18.69x |
| 2026-04-06 | 18.97x |
| 2026-04-02 | 18.56x |
| 2026-04-01 | 18.43x |
| 2026-03-31 | 18.07x |
| 2026-03-30 | 17.92x |
| 2026-03-27 | 18.38x |
| 2026-03-26 | 18.68x |
| 2026-03-25 | 18.60x |
| 2026-03-24 | 18.23x |
| 2026-03-23 | 18.39x |
| 2026-03-20 | 18.69x |
| 2026-03-19 | 18.95x |
| 2026-03-18 | 19.08x |
| 2026-03-17 | 18.92x |
| 2026-03-16 | 19.16x |
| 2026-03-13 | 19.18x |
| 2026-03-12 | 19.36x |
| 2026-03-11 | 19.27x |
| 2026-03-10 | 19.32x |
| 2026-03-09 | 19.66x |
| 2026-03-06 | 19.87x |
| 2026-03-05 | 19.42x |
| 2026-03-04 | 19.67x |
| 2026-03-03 | 19.76x |
| 2026-03-02 | 20.00x |
| 2026-02-27 | 19.50x |
| 2026-02-26 | 19.06x |
| 2026-02-25 | 19.22x |
| 2026-02-24 | 19.67x |
| 2026-02-23 | 19.57x |
| 2026-02-20 | 19.51x |
| 2026-02-19 | 19.73x |
| 2026-02-18 | 19.28x |
| 2026-02-17 | 19.28x |
| 2026-02-13 | 19.36x |
| 2026-02-12 | 18.95x |
| 2026-02-11 | 18.72x |
| 2026-02-10 | 18.74x |
| 2026-02-09 | 18.98x |
| 2026-02-06 | 18.58x |
| 2026-02-05 | 18.20x |
| 2026-02-04 | 18.03x |
| 2026-02-03 | 18.71x |
| 2026-02-02 | 18.91x |
| 2026-01-30 | 18.87x |
| 2026-01-29 | 18.56x |
| 2026-01-28 | 20.53x |
| 2026-01-27 | 20.46x |
| 2026-01-26 | 20.06x |
| 2026-01-23 | 20.33x |
| 2026-01-22 | 20.43x |
| 2026-01-21 | 20.19x |
| 2026-01-20 | 19.89x |
| 2026-01-16 | 20.08x |
| 2026-01-15 | 19.94x |
| 2026-01-14 | 19.78x |
| 2026-01-13 | 19.35x |
| 2026-01-12 | 19.13x |
| 2026-01-09 | 18.88x |
| 2026-01-08 | 18.14x |
| 2026-01-07 | 17.49x |
| 2026-01-06 | 18.25x |
| 2026-01-05 | 17.93x |
| 2026-01-02 | 17.49x |
| 2025-12-31 | 17.09x |
| 2025-12-30 | 17.22x |
| 2025-12-29 | 17.25x |
| 2025-12-26 | 17.07x |
| 2025-12-24 | 17.15x |
| 2025-12-23 | 17.05x |
| 2025-12-22 | 17.08x |
| 2025-12-19 | 16.80x |
| 2025-12-18 | 16.68x |
| 2025-12-17 | 16.82x |
| 2025-12-16 | 16.89x |
| 2025-12-15 | 17.11x |
| 2025-12-12 | 16.98x |
| 2025-12-11 | 16.82x |
| 2025-12-10 | 16.61x |
| 2025-12-09 | 16.58x |
| 2025-12-08 | 16.53x |
| 2025-12-05 | 16.13x |
| 2025-12-04 | 16.02x |
| 2025-12-03 | 15.97x |
| 2025-12-02 | 15.82x |
| 2025-12-01 | 15.74x |
| 2025-11-28 | 16.31x |
| 2025-11-26 | 16.19x |
| 2025-11-25 | 16.14x |
| 2025-11-24 | 16.10x |
| 2025-11-21 | 16.39x |
| 2025-11-20 | 16.62x |
| 2025-11-19 | 16.67x |
| 2025-11-18 | 16.82x |
| 2025-11-17 | 16.70x |
| 2025-11-14 | 16.55x |
| 2025-11-13 | 16.24x |
| 2025-11-12 | 16.28x |
| 2025-11-11 | 16.28x |
| 2025-11-10 | 16.13x |
| 2025-11-07 | 16.32x |
| 2025-11-06 | 16.64x |
| 2025-11-05 | 16.77x |
| 2025-11-04 | 17.13x |
| 2025-11-03 | 17.22x |
| 2025-10-31 | 17.34x |
| 2025-10-30 | 17.27x |
| 2025-10-29 | 17.14x |
| 2025-10-28 | 17.15x |
| 2025-10-27 | 17.19x |
| 2025-10-24 | 17.14x |
| 2025-10-23 | 17.22x |
| 2025-10-22 | 17.19x |
| 2025-10-21 | 17.26x |
| 2025-10-20 | 18.28x |
| 2025-10-17 | 17.95x |
| 2025-10-16 | 17.89x |
| 2025-10-15 | 18.08x |
| 2025-10-14 | 18.26x |
| 2025-10-13 | 18.22x |
| 2025-10-10 | 18.25x |
| 2025-10-09 | 18.34x |
| 2025-10-08 | 18.53x |
| 2025-10-07 | 18.44x |
| 2025-10-06 | 18.54x |
| 2025-10-03 | 18.24x |
| 2025-10-02 | 18.08x |
| 2025-10-01 | 18.07x |
| 2025-09-30 | 18.07x |
| 2025-09-29 | 17.85x |
| 2025-09-26 | 17.71x |
| 2025-09-25 | 17.62x |
| 2025-09-24 | 17.67x |
| 2025-09-23 | 17.69x |
| 2025-09-22 | 17.49x |
| 2025-09-19 | 17.26x |
| 2025-09-18 | 17.29x |
| 2025-09-17 | 17.27x |
| 2025-09-16 | 17.31x |
| 2025-09-15 | 17.27x |
| 2025-09-12 | 17.21x |
| 2025-09-11 | 17.20x |
| 2025-09-10 | 16.98x |
| 2025-09-09 | 16.77x |
| 2025-09-08 | 16.84x |
| 2025-09-05 | 16.99x |
| 2025-09-04 | 16.77x |
| 2025-09-03 | 16.53x |
| 2025-09-02 | 16.63x |
| 2025-08-29 | 16.73x |
| 2025-08-28 | 16.75x |
| 2025-08-27 | 16.69x |
| 2025-08-26 | 16.72x |
| 2025-08-25 | 16.49x |
| 2025-08-22 | 16.44x |
| 2025-08-21 | 16.47x |
| 2025-08-20 | 16.43x |
| 2025-08-19 | 16.28x |
| 2025-08-18 | 16.27x |
| 2025-08-15 | 16.17x |
| 2025-08-14 | 16.17x |
| 2025-08-13 | 16.33x |
| 2025-08-12 | 15.99x |
| 2025-08-11 | 15.82x |
| 2025-08-08 | 15.80x |
| 2025-08-07 | 15.96x |
| 2025-08-06 | 16.09x |
| 2025-08-05 | 15.89x |
| 2025-08-04 | 15.75x |
| 2025-08-01 | 15.66x |
| 2025-07-31 | 15.66x |
| 2025-07-30 | 15.59x |
| 2025-07-29 | 15.64x |
| 2025-07-28 | 15.67x |
| 2025-07-25 | 15.67x |
| 2025-07-24 | 15.65x |
| 2025-07-23 | 15.61x |
| 2025-07-22 | 15.35x |
| 2025-07-21 | 13.98x |
| 2025-07-18 | 14.07x |
| 2025-07-17 | 14.20x |
| 2025-07-16 | 14.26x |
| 2025-07-15 | 14.23x |
| 2025-07-14 | 14.32x |
| 2025-07-11 | 14.16x |
| 2025-07-10 | 14.08x |
| 2025-07-09 | 14.05x |
| 2025-07-08 | 14.04x |
| 2025-07-07 | 14.20x |
| 2025-07-03 | 14.03x |
| 2025-07-02 | 14.03x |
| 2025-07-01 | 14.12x |
| 2025-06-30 | 14.05x |
| 2025-06-27 | 13.93x |
| 2025-06-26 | 13.91x |
| 2025-06-25 | 13.92x |
| 2025-06-24 | 13.97x |
| 2025-06-23 | 14.29x |
| 2025-06-20 | 14.24x |
| 2025-06-18 | 14.19x |
| 2025-06-17 | 14.47x |
| 2025-06-16 | 14.15x |
| 2025-06-13 | 14.65x |
| 2025-06-12 | 14.21x |
| 2025-06-11 | 13.88x |
| 2025-06-10 | 14.40x |
| 2025-06-09 | 14.51x |
| 2025-06-06 | 14.53x |
| 2025-06-05 | 14.43x |
| 2025-06-04 | 14.54x |
| 2025-06-03 | 14.49x |
| 2025-06-02 | 14.45x |
| 2025-05-30 | 14.55x |
| 2025-05-29 | 14.32x |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.
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About Lockheed Martin Corporation
Lockheed Martin Corporation stands as a prominent global security and aerospace enterprise, specializing in the comprehensive lifecycle of advanced technological systems. Its expertise spans the research, design, development, manufacturing, integration, and ongoing sustainment of cutting-edge products and services across the world. The company's diverse operations are structured into four key segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The Aeronautics division is responsible for creating and producing leading-edge combat and air mobility aircraft, alongside unmanned aerial vehicles and their related innovations. The Missiles and Fire Control segment delivers sophisticated air and missile defense systems; tactical and precision air-to-ground weapon systems; comprehensive logistics; advanced fire control; mission operations, readiness, engineering support, and integration services; both crewed and uncrewed ground vehicles; and energy management solutions. Within the Rotary and Mission Systems segment, the portfolio includes military and commercial helicopters, naval surface ships, land and sea-based missile defense systems, advanced radar technologies, maritime and airborne mission and combat systems, intricate command and control solutions, cybersecurity services, and simulation and training platforms. The Space division focuses on satellites, space transportation systems, strategic, advanced strike, and defensive missile systems, as well as classified systems and services vital for national security. This segment further enhances situational awareness through network enablement, integrating space and ground-based systems to empower customers in gathering, analyzing, and securely distributing crucial intelligence data. Lockheed Martin primarily serves the United States government, alongside fulfilling foreign military sales facilitated through U.S. government contracts. Established in 1912, the corporation maintains its headquarters in Bethesda, Maryland.
- Sector
- Industrials
- Industry
- Aerospace & Defense
- CEO
- James D. Taiclet Jr.