General Dynamics vs Lockheed Martin
GD and LMT side by side, both in transportation equipment. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How GD and LMT compare
Lockheed Martin is the larger company, worth 1.5 times as much as General Dynamics ($147B against $101B).
On earnings, General Dynamics is cheaper: it trades at 21.9× trailing earnings, against 23.5× for Lockheed Martin.
General Dynamics grew revenue faster over the last twelve months (9.7% versus 7.2% for Lockheed Martin).
General Dynamics keeps more of each dollar of sales as profit, with a net margin of 8.2% compared with 8.2% at Lockheed Martin.
Both pay dividends: General Dynamics yields 1.7% and Lockheed Martin 2.2%.
General Dynamics scores higher on the StockData Score (18 against 15 for Lockheed Martin), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | GD | LMT |
|---|---|---|
| Size and price | ||
| Market cap | $101B | $147B |
| Share price | $372.59 | $636.95 |
| Change, 1 year | 8.5% | 31.2% |
| Change, 5 years | 85.4% | 87.4% |
| Beta (5Y) | 0.57 | 0.33 |
| Employees | 40K | 110K |
| StockData Score | ||
| Total score | 18 (better) | 15 |
| Valuation score | 1 (better) | 0 |
| Growth score | 3 | 3 |
| Performance score | 6 (better) | 4 |
| Health score | 5 (better) | 4 |
| Dividend score | 3 | 4 (better) |
| Valuation | ||
| P/E | 21.9× (better) | 23.5× |
| P/S | 1.8× (better) | 1.9× |
| P/B | 3.7× (better) | 16.8× |
| EV/EBITDA | 15.2× (better) | 17.9× |
| P/FCF | 17.4× | 16.8× (better) |
| PEG | 2.67 | – |
| FCF yield | 5.7% | 5.9% (better) |
| Fair value | $311.28 | $480.46 |
| Margin of safety | −19.7% (better) | −32.6% |
| Growth | ||
| Revenue growth (TTM) | 9.7% (better) | 7.2% |
| Revenue growth, 5Y average | 6.7% (better) | 2.8% |
| Net income growth (TTM) | 10.5% | 49.5% (better) |
| EPS growth (TTM) | 10.2% | 52.8% (better) |
| EPS growth, 5Y average | 7.0% (better) | −2.4% |
| Profitability | ||
| Gross margin | – | 11.8% |
| Operating margin | 10.4% | 11.9% (better) |
| Net margin | 8.2% (better) | 8.2% |
| FCF margin | 10.2% | 11.3% (better) |
| Return on equity | 18.0% | 89.2% (better) |
| Return on invested capital | 16.1% | 30.3% (better) |
| Financial health | ||
| Debt / equity | 0.26 (better) | 2.34 |
| Net debt / EBITDA | 0.39 (better) | 1.83 |
| Interest coverage | – | 8.2× |
| Current ratio | 1.43 (better) | 1.19 |
| Altman Z-score | 4.33 (better) | 3.80 |
| Piotroski F-score | 8 (better) | 6 |
| Dividends and buybacks | ||
| Dividend yield | 1.7% | 2.2% (better) |
| Payout ratio | 35.8% | 50.5% |
| Years of dividend growth | – | 16 |
| Dividend growth, 5Y average | – | 6.4% |
| Buyback yield | 0.64% | 1.2% (better) |
| Shareholder yield | 2.3% | 3.4% (better) |
| Ownership | ||
| Held by institutions | 86.6% | 75.7% |
| Held by insiders | 9.7% | 0.07% |
| Insider net buying, 12 months | −$95.2M | −$124K (better) |
| Superinvestors holding | 1 | 2 (better) |
| Short interest, % of float | 0.89% | 1.2% |
Go deeper
- GD stock overview
- GD income statement
- GD valuation and score
- LMT stock overview
- LMT income statement
- LMT valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.