Lockheed Martin Corporation vs Raytheon Technologies Corporation

Full side-by-side comparison — 2026

Data as of May 18, 2026 · Updated automatically

14
LMT Wins
0
Tie
5
RTX Wins

LMT

Price USD 528.31
P/E Ratio 25.2x
Div Yield 0.0262%
Beta 0.10
Sector Industrials

RTX

Price USD 175.95
P/E Ratio 32.5x
Div Yield 0.0159%
Beta 0.30
Sector Industrials

Price Overview

Metric LMT RTX
Current Price 528.31 175.95
Previous Close 528.31 175.95

Valuation

Metric LMT RTX
Trailing P/E 25.19 32.49
Forward P/E 16.22 22.90
Price / Book 15.98 3.56
Price / Sales 1.60 2.58
EV / EBITDA 17.36 17.47

Dividends & Income

Metric LMT RTX
Dividend Yield 0.0262% 0.0159%
Dividend Rate (Annual) 13.50 2.72
5-Year Avg Yield 2.64% 2.50%
Payout Ratio 0.6574% 0.5029%

Risk & Financial Health

Metric LMT RTX
Beta (Volatility) 0.10 0.30
Debt / Equity 276.37 57.23
Quick Ratio 0.91 0.65
Current Ratio 1.14 1.02

Growth & Profitability

Metric LMT RTX
Revenue Growth 0.0030% 0.0870%
Earnings Growth -0.1150% 0.3250%
Return on Equity 0.6764% 0.1157%
Revenue / Share 324.33 67.24
Trailing EPS 20.66 5.32
Forward EPS 32.08 7.55

Analyst Targets

Metric LMT RTX
Analyst Mean Target 637.60 216.16
Analyst High Target 756.00 242.00
Analyst Low Target 511.00 180.00

Bottom Line: LMT vs RTX

Lockheed Martin Corporation (LMT) leads on 14 of 19 comparable metrics.

Lockheed Martin Corporation is the stronger pick for value investors, while Raytheon Technologies Corporation may appeal to other areas.

Raytheon Technologies Corporation has a higher Earnings Growth (32.50% vs -11.50%), which indicates profits are growing more quickly
Raytheon Technologies Corporation has a higher Revenue Growth (8.70% vs 0.30%), which indicates the business is expanding faster
Lockheed Martin Corporation has a higher Return on Equity (67.64% vs 11.57%), which suggests more efficient use of shareholder capital

This comparison is based on publicly available financial data and is for informational purposes only. It is not investment advice. Past performance does not guarantee future results.

LMT Lockheed Martin Corporation

Best for Value Investors
• Lower Trailing P/E: 25.19
• Lower Forward P/E: 16.22
• Lower Price / Sales: 1.60
Best for Income Investors
• Higher Dividend Yield: 2.62%
• Higher 5-Year Avg Yield: 2.64%
Best for Conservative Investors
• Lower Beta (Volatility): 0.10
• Higher Quick Ratio: 0.91
• Higher Current Ratio: 1.14

Watch Out

LMT carries 276x debt-to-equity — significantly higher than RTX's 57x. High leverage amplifies both gains and losses.

Analyst Upside / Downside

LMT
+20.7%
RTX
+22.9%

Based on analyst mean price targets. Estimates are not guaranteed and may not reflect future performance.

About These Companies

Lockheed Martin Corporation (LMT)

Industrials · United States · NYQ

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. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies. The MFC segment provides air and missile defense systems; tactical missiles …

View LMT details →

Raytheon Technologies Corporation (RTX)

Industrials · United States · NYQ

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. The Collins segment offers aerospace and defense products, and aftermarket services for civil and military aircraft manufacturers and commercial airlines, as well as regional, business, and general aviation, defense, and commercial space operations. This segment designs, manufactures, and supplies electric power generation and management and distribution, environmental control, flight …

View RTX details →

Frequently Asked Questions

Which has a better dividend yield, LMT or RTX?
Lockheed Martin Corporation currently has the higher dividend yield. Lockheed Martin Corporation (LMT) yields 2.62% while Raytheon Technologies Corporation (RTX) yields 1.59%. Past dividends do not guarantee future payments.
Which is more volatile, LMT or RTX?
Raytheon Technologies Corporation is more volatile based on beta. Lockheed Martin Corporation has a beta of 0.10 and Raytheon Technologies Corporation has a beta of 0.30. A beta above 1.0 means higher volatility than the overall market.
Which is cheaper by P/E ratio, LMT or RTX?
Lockheed Martin Corporation has the lower trailing P/E ratio. Lockheed Martin Corporation trades at 25.2x earnings while Raytheon Technologies Corporation trades at 32.5x. A lower P/E may suggest better relative value, but could also reflect lower growth expectations.
Which has more analyst upside, LMT or RTX?
Based on mean analyst price targets, Raytheon Technologies Corporation has more upside potential. Lockheed Martin Corporation has +20.7% upside and Raytheon Technologies Corporation has +22.9% upside from current prices. Analyst estimates are not guaranteed.
Can I track both LMT and RTX in one portfolio?
Yes. AllInvestView lets you add both Lockheed Martin Corporation and Raytheon Technologies Corporation to the same portfolio and monitor price changes, dividends, total return, and allocation — completely free.

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