Lockheed Martin Corporation (LMT)
Return on equity (ROE)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 6,230,000 | 5,985,000 | 5,850,000 | 5,593,000 |
| Total stockholders’ equity | US$ in thousands | 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 | 3,127,000 | 3,893,000 | 2,850,000 | 2,465,000 |
| ROE | 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% | 199.23% | 153.74% | 205.26% | 226.90% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $6,920,000K ÷ $6,835,000K
= 101.24%
Lockheed Martin Corp.'s return on equity (ROE) has shown fluctuation over the past eight quarters. The ROE for the most recent quarter, as of December 31, 2023, stood at 101.24%, demonstrating a significant increase from the previous quarter, where it was 75.11%. This indicates an improvement in the company's ability to generate profit from the shareholders' equity.
The ROE had previously experienced a dip in the second quarter of 2022, at 41.16%, but then increased to 62.10% in the first quarter of 2022. The upward trend continued in subsequent quarters. This fluctuation suggests some variability in the company's profitability and efficiency in utilizing its equity.
Overall, the company's ROE has shown considerable variability over the analyzed period, potentially indicating changes in the company's financial performance and efficiency. Further analysis in conjunction with other financial metrics would be necessary to gain a comprehensive understanding of Lockheed Martin Corp.'s overall financial health.
See also:
Lockheed Martin Corporation Return on Equity (ROE) (Quarterly Data)