Lockheed Martin Corporation (LMT)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 7,046,000 | 8,643,000 | 8,545,000 | 8,463,000 | 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 |
| Total assets | US$ in thousands | 55,617,000 | 55,520,000 | 55,076,000 | 54,963,000 | 52,456,000 | 56,666,000 | 56,978,000 | 54,622,000 | 52,880,000 | 52,030,000 | 51,758,000 | 51,510,000 | 50,873,000 | 51,843,000 | 52,099,000 | 51,437,000 | 50,710,000 | 50,773,000 | 49,603,000 | 49,248,000 |
| Operating ROA | 12.67% | 15.57% | 15.51% | 15.40% | 16.22% | 15.01% | 15.14% | 15.47% | 15.79% | 16.36% | 16.70% | 17.23% | 17.93% | 17.28% | 16.91% | 16.92% | 17.05% | 16.75% | 17.06% | 17.02% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $7,046,000K ÷ $55,617,000K
= 12.67%
Lockheed Martin Corporation's operating return on assets (ROA) experienced fluctuations over the reported periods, ranging from a high of 17.93% in December 2021 to a low of 12.67% in December 2024. The company's operating ROA remained relatively stable above 15% for the majority of the time frame, indicating strong operational efficiency in generating profits from its assets. However, a decline in the operating ROA in the later periods may suggest potential challenges in maintaining profitability relative to its asset base. It would be advisable for stakeholders to closely monitor Lockheed Martin's asset utilization and overall operational performance to ensure sustained profitability in the future.