Lockheed Martin Corporation (LMT)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 6,333,000 | 7,200,000 | 6,175,000 | 6,650,000 | 6,835,000 | 9,274,000 | 9,240,000 | 9,646,000 | 9,266,000 | 11,966,000 | 11,432,000 | 10,002,000 | 10,959,000 | 9,631,000 | 6,522,000 | 6,312,000 | 6,015,000 | 4,953,000 | 3,751,000 | 3,446,000 |
| ROE | 84.26% | 92.71% | 109.09% | 101.89% | 101.24% | 75.11% | 76.41% | 58.97% | 61.86% | 49.05% | 41.16% | 62.10% | 57.62% | 62.90% | 109.51% | 110.16% | 113.60% | 132.02% | 171.93% | 181.17% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $5,336,000K ÷ $6,333,000K
= 84.26%
Lockheed Martin Corporation's return on equity (ROE) has shown fluctuations over the past five years, indicating varying levels of profitability and efficiency in utilizing shareholder equity. The ROE was relatively high in early 2020, reaching above 170%, which may indicate strong profitability relative to the amount of equity invested by shareholders. However, the ROE started to decline throughout 2021 and 2022, reaching a low point of around 40% in June 2022, suggesting potential challenges in generating returns from shareholders' investments.
There was a modest recovery in ROE in the following quarters of 2022 and 2023, demonstrating improvements in profitability and efficiency. By December 2023, the ROE had surpassed 100%, indicating a significant upturn in the company's ability to generate profits from shareholder equity. The trend continued into 2024, with ROE exceeding 100% in the first half of the year.
Overall, Lockheed Martin Corporation's ROE has shown variability but has generally trended upwards in recent quarters, indicating improvements in the company's profitability and productivity in utilizing shareholder funds. Investors and stakeholders may find this trend to be positive, reflecting the company's efforts to maximize returns on equity.
See also:
Lockheed Martin Corporation Return on Equity (ROE) (Quarterly Data)