LMT
Lockheed Martin Corporation Industrials - Defense Investor Relations →
Lockheed Martin Corporation (LMT) closed at $623.58 as of 2026-02-02, trading 39.6% above its 200-week moving average of $446.55. The stock is currently moving closer to the line, down from 42.4% last week. With a 14-week RSI of 76, LMT is in overbought territory.
Over the past 3296 weeks of data, LMT has crossed below its 200-week moving average 27 times. On average, these episodes lasted 31 weeks. Historically, investors who bought LMT at the start of these episodes saw an average one-year return of +13.5%.
With a market cap of $144.3 billion, LMT is a large-cap stock. The company generates a free cash flow yield of 3.7%. Return on equity stands at 76.9%, indicating strong profitability. The stock trades at 21.2x book value.
The company has been aggressively buying back shares, reducing its share count by 9.8% over the past three years.
Over the past 33.2 years, a hypothetical investment of $100 in LMT would have grown to $8390, compared to $2849 for the S&P 500. That represents an annualized return of 14.3% vs 10.6% for the index — confirming LMT as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 4.1% compound annual rate, with 4 consecutive years of positive cash generation.
Growth of $100: LMT vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After LMT Crosses Below the Line?
Across 12 historical episodes, buying LMT when it crossed below its 200-week moving average produced an average return of +29.5% after 12 months (median +33.0%), compared to +9.1% for the S&P 500 over the same periods. 82% of those episodes were profitable after one year. After 24 months, the average return was +35.6% vs +14.0% for the index.
Each line shows $100 invested at the moment LMT crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
LMT has crossed below its 200-week MA 27 times with an average 1-year return of +13.5% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Aug 1963 | Aug 1963 | 3 | 2.6% | +3.9% | +66487.6% |
| Sep 1963 | Nov 1963 | 7 | 6.6% | +18.8% | +70159.3% |
| Nov 1963 | Nov 1963 | 1 | 8.1% | +17.8% | +71865.2% |
| Dec 1963 | Feb 1964 | 7 | 7.7% | +5.3% | +66386.9% |
| Feb 1964 | Feb 1964 | 1 | 2.9% | +25.3% | +68037.3% |
| Apr 1964 | Aug 1964 | 17 | 9.5% | +24.3% | +66119.0% |
| Nov 1967 | Dec 1967 | 3 | 1.4% | +8.9% | +42385.9% |
| Jan 1968 | Apr 1968 | 11 | 18.0% | +8.2% | +43164.4% |
| Jul 1968 | Aug 1968 | 2 | 2.5% | -48.2% | +39447.5% |
| Nov 1968 | Apr 1975 | 338 | 82.1% | -53.4% | +37829.6% |
| Oct 1975 | Nov 1975 | 4 | 4.3% | +20.0% | +250573.9% |
| Dec 1975 | Dec 1975 | 2 | 1.6% | +20.7% | +259217.6% |
| May 1987 | May 1987 | 1 | 2.3% | -2.0% | +13489.3% |
| Oct 1987 | Jan 1989 | 67 | 28.2% | +15.3% | +14831.9% |
| Oct 1989 | Feb 1991 | 67 | 37.6% | -37.6% | +12346.3% |
| Dec 1998 | Feb 2001 | 114 | 60.0% | -51.7% | +2849.9% |
| Mar 2001 | May 2001 | 9 | 7.4% | +57.8% | +3092.7% |
| Jun 2001 | Jul 2001 | 4 | 3.3% | +98.9% | +3200.3% |
| Mar 2004 | Mar 2004 | 2 | 1.8% | +36.1% | +2471.0% |
| Oct 2008 | Jun 2011 | 140 | 30.0% | -1.9% | +1303.8% |
| Jul 2011 | Nov 2011 | 20 | 12.8% | +16.6% | +1137.3% |
| Mar 2020 | Mar 2020 | 1 | 2.4% | +25.2% | +150.4% |
| Jan 2021 | Feb 2021 | 1 | 0.8% | +25.9% | +122.3% |
| Oct 2021 | Nov 2021 | 1 | 1.2% | +50.0% | +110.7% |
| Nov 2021 | Dec 2021 | 1 | 1.0% | +52.9% | +109.7% |
| Feb 2025 | Feb 2025 | 1 | 0.1% | N/A | +51.7% |
| Jul 2025 | Aug 2025 | 3 | 2.7% | N/A | +50.3% |
| Average | 31 | — | +13.5% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02