Lockheed Martin (LMT) vs RTX (RTX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
RTX (RTX) has outperformed Lockheed Martin (LMT) over the past year, gaining 7.1% versus a loss of 2.3%. Over five years, RTX leads with a +99.4% price change compared with +36.5% for LMT. RTX is the larger company by market cap ($242.95 billion vs $115.22 billion), about 2.1 times the size.
On valuation, Lockheed Martin trades at a lower forward P/E (15.3x vs 22.9x for RTX). Lockheed Martin offers the higher dividend yield (2.73% vs 1.54%). RTX converts more of its revenue into profit, with a net margin of 7.6% 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 | LMT | RTX |
|---|---|---|
| Share price | $499.22 | $180.26 |
| Market cap | $115.22B | $242.95B |
| 1-day change | -2.14% | -1.65% |
| YTD return | +3.22% | -1.13% |
| 1-year return | -2.32% | +7.12% |
| 5-year return | +36.54% | +99.44% |
| P/E ratio (TTM) | 18.40 | 31.74 |
| Forward P/E | 15.27 | 22.94 |
| EPS (TTM) | $27.13 | $5.68 |
| Dividend yield | 2.73% | 1.54% |
| Annual dividend | $13.65 | $2.77 |
| Revenue (latest FY) | $75.05B | $88.60B |
| Revenue growth (YoY) | +5.64% | +9.74% |
| Net income (latest FY) | $5.02B | $6.73B |
| Gross margin | 10.15% | — |
| Operating margin | 10.30% | 10.50% |
| Net margin | 6.69% | 7.60% |
| 52-week high | $692.00 | $226.88 |
| 52-week low | $437.25 | $155.64 |
| Distance from 52-week high | -27.86% | -20.55% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +26.37% | +28.23% |
| Average volume | 1.13M | 4.40M |
| Shares outstanding | 230.79M | 1.35B |
| Employees | 123,000 | 180,000 |
| Sector | Industrials | Industrials |
| Industry | Military/Government/Technical | Aerospace |
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
- RTX is about 2.1 times larger than Lockheed Martin by market value ($242.95B vs $115.22B).
- RTX trades at a higher earnings multiple (31.7x vs 18.4x trailing P/E).
- Lockheed Martin offers a meaningfully higher dividend yield (2.73% vs 1.54%).
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
About RTX
RTX stock →RTX Corporation, an aerospace and defense company, provides systems and services for commercial, military, and government customers worldwide. It operates through three segments: Collins Aerospace (Collins), Pratt & Whitney, and Raytheon.
Industrials · Aerospace · 180,000 employees
LMT vs RTX FAQ
Which is bigger, Lockheed Martin or RTX?
RTX (RTX) is larger, with a market capitalization of $242.95B compared with $115.22B for Lockheed Martin (LMT).
Which stock has performed better over the past year, LMT or RTX?
RTX returned +7.12% 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, LMT or RTX?
LMT has the lower trailing P/E at 18.4, versus 31.7 for RTX. 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, Lockheed Martin or RTX?
Lockheed Martin has the higher yield at 2.73%, compared with 1.54% for RTX.
Are Lockheed Martin and RTX in the same industry?
Both are in the Industrials sector, but in different industries: Military/Government/Technical for Lockheed Martin and Aerospace for RTX.