GE Aerospace (GE) vs Lockheed Martin (LMT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
GE Aerospace (GE) has outperformed Lockheed Martin (LMT) over the past year, gaining 0.6% versus a loss of 2.3%. Over five years, GE leads with a +366.8% price change compared with +36.5% for LMT. GE Aerospace is the larger company by market cap ($315.02 billion vs $115.22 billion), about 2.7 times the size.
On valuation, Lockheed Martin trades at a lower forward P/E (15.3x vs 33.4x for GE Aerospace). Lockheed Martin offers the higher dividend yield (2.73% vs 0.55%). GE Aerospace converts more of its revenue into profit, with a net margin of 19.0% versus 6.7%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | GE | LMT |
|---|---|---|
| Share price | $303.62 | $499.22 |
| Market cap | $315.02B | $115.22B |
| 1-day change | -1.86% | -2.14% |
| YTD return | -1.43% | +3.22% |
| 1-year return | +0.62% | -2.32% |
| 5-year return | +366.75% | +36.54% |
| P/E ratio (TTM) | 35.80 | 18.40 |
| Forward P/E | 33.36 | 15.27 |
| EPS (TTM) | $8.48 | $27.13 |
| Dividend yield | 0.55% | 2.73% |
| Annual dividend | $1.66 | $13.65 |
| Revenue (latest FY) | $45.85B | $75.05B |
| Revenue growth (YoY) | +18.48% | +5.64% |
| Net income (latest FY) | $8.70B | $5.02B |
| Gross margin | — | 10.15% |
| Operating margin | — | 10.30% |
| Net margin | 18.98% | 6.69% |
| 52-week high | $388.84 | $692.00 |
| 52-week low | $268.91 | $437.25 |
| Distance from 52-week high | -21.92% | -27.86% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +29.99% | +26.37% |
| Average volume | 3.95M | 1.13M |
| Shares outstanding | 1.04B | 230.79M |
| Employees | 57,000 | 123,000 |
| Sector | Technology | Industrials |
| Industry | Consumer Electronics/Appliances | Military/Government/Technical |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- GE Aerospace is about 2.7 times larger than Lockheed Martin by market value ($315.02B vs $115.22B).
- GE Aerospace trades at a higher earnings multiple (35.8x vs 18.4x trailing P/E).
- Lockheed Martin offers a meaningfully higher dividend yield (2.73% vs 0.55%).
- GE Aerospace is more profitable, keeping 19.0 cents of every revenue dollar as net income versus 6.7 cents for Lockheed Martin.
- GE Aerospace grew revenue faster in its latest fiscal year (+18.48% vs +5.64%).
- The two companies sit in different sectors: GE Aerospace in Technology and Lockheed Martin in Industrials.
About GE Aerospace
GE stock →General Electric Company, doing business as GE Aerospace, designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and aircraft systems. The company operates through two segments, Commercial Engines & Services, and Defense & Propulsion Technologies.
Technology · Consumer Electronics/Appliances · 57,000 employees
About Lockheed Martin
LMT stock →Lockheed Martin Corporation, an aerospace and defense company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services in the United States, Europe, Asia, the Middle East, and internationally. The company operates through four segments: Aeronautics; Missiles and Fire Control (MFC); Rotary and Mission Systems (RMS); and Space.
Industrials · Military/Government/Technical · 123,000 employees
GE vs LMT FAQ
Which is bigger, GE Aerospace or Lockheed Martin?
GE Aerospace (GE) is larger, with a market capitalization of $315.02B compared with $115.22B for Lockheed Martin (LMT).
Which stock has performed better over the past year, GE or LMT?
GE returned +0.62% over the past 12 months, compared with -2.32% for LMT (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, GE or LMT?
LMT has the lower trailing P/E at 18.4, versus 35.8 for GE. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, GE Aerospace or Lockheed Martin?
Lockheed Martin has the higher yield at 2.73%, compared with 0.55% for GE Aerospace.
Are GE Aerospace and Lockheed Martin in the same industry?
No. GE Aerospace is in the Technology sector, while Lockheed Martin is in Industrials.