Lockheed Martin Corporation (LMT)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 6,920,000 | 6,966,000 | 7,060,000 | 5,688,000 | 5,732,000 | 5,869,000 | 4,705,000 | 6,211,000 | 6,315,000 | 6,058,000 | 7,142,000 | 6,953,000 | 6,833,000 | 6,539,000 | 6,449,000 | 6,243,000 | 6,230,000 | 5,985,000 | 5,850,000 | 5,593,000 |
| Revenue (ttm) | US$ in thousands | 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 | 59,812,000 | 58,345,000 | 57,492,000 | 56,463,000 |
| Net profit margin | 10.24% | 10.29% | 10.48% | 8.60% | 8.69% | 9.07% | 7.33% | 9.45% | 9.42% | 9.13% | 10.69% | 10.53% | 10.45% | 10.18% | 10.25% | 10.21% | 10.42% | 10.26% | 10.18% | 9.91% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $6,920,000K ÷ $67,571,000K
= 10.24%
Lockheed Martin Corp.'s net profit margin has shown some fluctuations over the past eight quarters. The net profit margin was 10.24% as of December 31, 2023, which was slightly lower than the 10.29% reported in September 24, 2023. However, there was a slight increase to 10.48% as of June 25, 2023. The net profit margin then decreased to 8.60% as of March 26, 2023, before showing a slight improvement to 8.69% as of December 31, 2022. Subsequently, the net profit margin increased to 9.07% as of September 25, 2022, before dropping to 7.33% as of June 26, 2022. However, there was a notable recovery to 9.45% as of March 27, 2022.
Overall, despite some fluctuations, Lockheed Martin Corp. has generally maintained a net profit margin within the range of 7.33% to 10.48% over the last two years. It is important to further analyze the company's operating expenses, revenue, and cost management strategies to better understand the factors contributing to these fluctuations in the net profit margin.
See also:
Lockheed Martin Corporation Net Profit Margin (Quarterly Data)