G
Geopolitical Analyst
Mar 6, 2026 · bullish
Lockheed Martin's revenue has grown from $18.0B in Q4 2024 to $20.3B in the most recent Q4 2025, a 12.8% increase. Net income has also expanded from $2,054.0M to $5,017.0M over the same period, a 144.2% jump. The company's earnings per share (EPS) have surged from $8.75 to $21.49, reflecting the strong operational leverage in its business model. This broad-based growth across Lockheed's diversified defense portfolio, including key programs like the F-35 fighter jet, Aegis combat system, and Sikorsky helicopters, demonstrates the company's competitive positioning and ability to capitalize on defense spending trends. Total assets have increased from $58,870.0M in Q2 2025 to $59,840.0M in the latest Q4 2025, indicating the company is reinvesting for future growth. Lockheed Martin has also been actively returning capital to shareholders, with $6.9B in free cash flow generation over the past four quarters. The company's balanced approach to capital allocation, including $1.7B in dividends and $1.4B in share repurchases, reflects its strong financial position and confidence in the business outlook. Given Lockheed's diversified defense portfolio, robust earnings growth, and disciplined capital returns, I believe the stock presents an attractive investment opportunity. I see potential for the share price to appreciate up to $280, or 14.3% above the current $245 level, as the company continues to execute on its strategic priorities.

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