Lockheed Martin Corporation (LMT)

Return on assets (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
Net income (ttm) US$ in thousands 5,336,000 6,675,000 6,736,000 6,776,000 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
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
ROA 9.59% 12.02% 12.23% 12.33% 13.19% 12.29% 12.39% 10.41% 10.84% 11.28% 9.09% 12.06% 12.41% 11.69% 13.71% 13.52% 13.47% 12.88% 13.00% 12.68%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $5,336,000K ÷ $55,617,000K
= 9.59%

Lockheed Martin Corporation's Return on Assets (ROA) fluctuated over the period from March 31, 2020, to December 31, 2024. The ROA started at 12.68% in March 31, 2020, and generally showed an increasing trend, reaching its peak at 13.71% in June 30, 2021. However, from September 30, 2021, the ROA started to decline, reaching 9.09% in June 30, 2022, which was the lowest point during this period.

There was a slight recovery in the ROA from that low point, with a peak at 13.19% in December 31, 2023. However, the ROA declined again towards the end of the period, dropping to 9.59% in December 31, 2024. Overall, the ROA demonstrates some volatility during the period, with fluctuations that may be influenced by various internal and external factors affecting Lockheed Martin Corporation's profitability and asset management efficiency.


See also:

Lockheed Martin Corporation Return on Assets (ROA) (Quarterly Data)