Lockheed Martin Corporation (LMT)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 8,507,000 | 8,507,000 | 8,624,000 | 8,452,000 | 8,348,000 | 8,510,000 | 8,645,000 | 8,874,000 | 9,123,000 | 8,957,000 | 8,810,000 | 8,704,000 | 8,644,000 | 8,504,000 | 8,462,000 | 8,384,000 | 8,545,000 | 8,247,000 | 8,105,000 | 7,892,000 |
| 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 |
| Operating profit margin | 12.59% | 12.57% | 12.80% | 12.78% | 12.65% | 13.15% | 13.47% | 13.50% | 13.61% | 13.50% | 13.19% | 13.19% | 13.22% | 13.24% | 13.45% | 13.72% | 14.29% | 14.13% | 14.10% | 13.98% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $8,507,000K ÷ $67,571,000K
= 12.59%
The operating profit margin of Lockheed Martin Corp. has exhibited stability over the past eight quarters, with relatively consistent values ranging from 12.68% to 13.39%. This indicates that the company has been able to effectively control its operating expenses and generate consistent profits from its core business activities. The slight fluctuations in the operating profit margin may be attributed to changes in the cost structure, pricing dynamics, or the company's ability to manage operational efficiency. Overall, the operating profit margin suggests that Lockheed Martin Corp. has maintained a healthy level of profitability in relation to its operating income over the analyzed period.
See also:
Lockheed Martin Corporation Operating Profit Margin (Quarterly Data)