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)