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.