LMT vs SPY
Comparison between Lockheed Martin Corp (LMT, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSPY has outperformed LMT, delivering a return of +13.3% compared to +8.2%
LMT vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap / Net Assets
LMT
$118B
Winner
SPY
$652B
Expense Ratio
LMT
N/A
SPY
0.09%
Max Drawdown
Winner
LMT
51.35%
SPY
56.47%
Sharpe Ratio
LMT
0.37
Winner
SPY
2.07
5Y Beta
Winner
LMT
0.15
SPY
1.00
Industry
LMT
Aerospace & Defense
SPY
N/A
P/E Ratio
Winner
LMT
23.14
SPY
28.24
Forward P/E
Winner
LMT
17.06
SPY
21.85
PEG Ratio
LMT
1.09
SPY
N/A
Dividend Yield
LMT
2.63%
SPY
N/A
5Y Dividends CAGR
Winner
LMT
10.93%
SPY
5.43%
5Y EPS CAGR
LMT
1.80%
Winner
SPY
25.79%
Debt to Equity
LMT
276.37%
Winner
SPY
22.35%
Free Cash Flow Yield
LMT
6.23%
SPY
N/A
P/S Ratio
Winner
LMT
1.57
SPY
3.55
P/B Ratio
LMT
15.83
Winner
SPY
5.29
LMT vs SPY - Historical Returns
Returns include dividend reinvestment.
1M
LMT
-19.41%
Winner
SPY
+9.11%
3M
LMT
-20.24%
Winner
SPY
+6.59%
6M
Winner
LMT
+11.94%
SPY
+10.56%
1Y
LMT
+9.67%
Winner
SPY
+32.04%
5Y(CAGR)
LMT
+8.23%
Winner
SPY
+13.35%
10Y(CAGR)
LMT
+10.64%
Winner
SPY
+15.49%
Max(CAGR)
Winner
LMT
+15.85%
SPY
+8.50%
LMT vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | LMT | SPY |
|---|---|---|
| 2026 | +2.42% | +8.27% |
| 2025 | +3.27% | +18.00% |
| 2024 | +9.33% | +25.59% |
| 2023 | -2.52% | +26.72% |
| 2022 | +40.84% | -18.64% |
| 2021 | +6.29% | +30.52% |
| 2020 | -8.79% | +17.28% |
| 2019 | +50.87% | +31.09% |
| 2018 | -15.68% | -5.24% |
| 2017 | +30.00% | +20.78% |
| 2016 | +20.57% | +13.59% |
| 2015 | +15.74% | +1.31% |
| 2014 | +36.10% | +14.56% |
| 2013 | +66.25% | +29.00% |
| 2012 | +17.87% | +14.17% |
| 2011 | +20.76% | +0.85% |
| 2010 | -5.71% | +13.14% |
| 2009 | -9.17% | +22.67% |
| 2008 | -18.65% | -36.25% |
| 2007 | +16.16% | +5.32% |
| 2006 | +47.16% | +13.85% |
| 2005 | +19.38% | +5.32% |
| 2004 | +11.48% | +10.75% |
| 2003 | -11.58% | +24.18% |
| 2002 | +25.83% | -22.42% |
| 2001 | +38.37% | -10.13% |
| 2000 | +70.69% | -8.84% |
| 1999 | +9.87% | +8.61% |
LMT vs SPY Drawdown Comparison
The maximum drawdown for LMT was -50.57%, occurring on Mar 11, 2009. Recovery took 1176 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current LMT drawdown is -25.15%.
| Rank | LMT | SPY |
|---|---|---|
| #1 | -50.57% Aug 28, 2008 - May 2, 2013 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -42.05% Jun 27, 2002 - Feb 1, 2006 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -36.66% Feb 11, 2020 - Feb 28, 2022 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -31.79% Oct 21, 2024 - Jan 22, 2026 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -30.32% Feb 15, 2018 - Jun 4, 2019 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -25.15% Mar 2, 2026 - May 8, 2026 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -23.51% Dec 31, 1999 - Apr 12, 2000 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -19.68% Apr 18, 2023 - Jul 23, 2024 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -16.93% Apr 13, 2022 - Oct 27, 2022 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -15.49% Oct 31, 2000 - Feb 1, 2001 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -13.66% Nov 1, 1999 - Nov 18, 1999 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -12.93% Mar 7, 2001 - May 21, 2001 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -12.90% Aug 15, 2016 - Nov 14, 2016 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -12.74% May 1, 2000 - Jul 25, 2000 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -11.80% Oct 26, 2001 - Jan 25, 2002 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between LMT and SPY is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.
0.96
-101
Dividend Comparison (1999 - 2026)
LMT vs SPY dividend yield comparison.
| Year | LMT | SPY |
|---|---|---|
| 2026 | 0.68% | 0.24% |
| 2025 | 2.76% | 1.07% |
| 2024 | 2.62% | 1.21% |
| 2023 | 2.68% | 1.40% |
| 2022 | 2.34% | 1.65% |
| 2021 | 2.98% | 1.20% |
| 2020 | 2.76% | 1.52% |
| 2019 | 2.31% | 1.75% |
| 2018 | 3.13% | 2.04% |
| 2017 | 2.32% | 1.80% |
| 2016 | 2.71% | 2.03% |
| 2015 | 2.83% | 2.06% |
| 2014 | 2.85% | 1.87% |
| 2013 | 3.22% | 1.81% |
| 2012 | 4.50% | 2.18% |
| 2011 | 4.02% | 2.05% |
| 2010 | 3.78% | 1.80% |
| 2009 | 3.11% | 1.95% |
| 2008 | 2.18% | 3.02% |
| 2007 | 1.40% | 1.85% |
| 2006 | 1.36% | 1.73% |
| 2005 | 1.65% | 1.73% |
| 2004 | 1.64% | 1.82% |
| 2003 | 1.13% | 1.47% |
| 2002 | 0.76% | 1.70% |
| 2001 | 0.94% | 1.25% |
| 2000 | 1.30% | 1.15% |
| 1999 | 1.01% | 0.24% |
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