earnings
confidence high
sentiment negative
materiality 0.80
Lockheed Martin 2024 EPS $22.31, hit by $2B classified program losses; sales up 5%
LOCKHEED MARTIN CORP
2024-FY EPS reported
$22.31
revenue$71,043,000,000
- Net sales $71.0B (+5% YoY); Q4 $18.6B. Diluted EPS $22.31 (FY) vs $27.55; Q4 $2.22 vs $7.58.
- Classified program losses: pre-tax $2.0B in FY ($1.7B Q4); after-tax impact $6.16/sh FY, $5.45/sh Q4.
- Record backlog $176B at year-end; 2025 financial outlook provided.
- Cash from ops $7.0B; free cash flow $5.3B; returned $6.8B to shareholders in 2024.