Lockheed Martin Corporation (LMT)
Fixed asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 71,043,000 | 71,295,000 | 71,069,000 | 69,640,000 | 67,571,000 | 67,688,000 | 67,393,000 | 66,146,000 | 65,984,000 | 64,722,000 | 64,167,000 | 65,750,000 | 67,044,000 | 66,347,000 | 66,814,000 | 66,005,000 | 65,398,000 | 64,244,000 | 62,920,000 | 61,127,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 8,046,000 | 7,966,000 | 7,938,000 | 7,975,000 | 7,629,000 | 7,569,000 | 7,561,000 | 7,597,000 | 7,332,000 | 7,290,000 | 7,213,000 | 7,213,000 | 6,803,000 | 6,663,000 | 6,605,000 |
| Fixed asset turnover | — | — | — | — | — | 8.41 | 8.46 | 8.33 | 8.27 | 8.48 | 8.48 | 8.70 | 8.83 | 9.05 | 9.17 | 9.15 | 9.07 | 9.44 | 9.44 | 9.25 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $71,043,000K ÷ $—K
= —
Lockheed Martin Corporation's fixed asset turnover ratio has shown a general decreasing trend from March 31, 2020, to September 30, 2022. During this period, the ratio ranged between 9.25 and 8.48, indicating that the company generated around $9 to $8.48 in revenue for every dollar invested in fixed assets.
However, from December 31, 2022, to the end of 2023, the fixed asset turnover ratio fluctuated but stayed within a narrow range of 8.27 to 8.46. This stability suggests that the company's efficiency in generating sales from its fixed assets remained relatively consistent during this period.
Notably, there is missing data from December 31, 2023, onwards, which makes it challenging to provide a complete analysis for the latter part of the period. In such cases, it is crucial to seek additional information to assess the company's performance accurately.
See also:
Lockheed Martin Corporation Net Fixed Asset Turnover (Quarterly Data)