Stock Analysis on Net
Stock Analysis on Net

Lockheed Martin Corp. (NYSE:LMT)

Analysis of Revenues

Microsoft Excel

Revenues as Reported

Lockheed Martin Corp., income statement, revenues

US$ in millions

Microsoft Excel
12 months ended: Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Aeronautics 27,474 26,987 26,748 26,266 23,693
Missiles and Fire Control (MFC) 11,253 11,317 11,693 11,257 10,131
Rotary and Mission Systems (RMS) 16,239 16,148 16,789 15,995 15,128
Space 12,605 11,532 11,814 11,880 10,860
Net sales 67,571 65,984 67,044 65,398 59,812

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Item Description The company
Net sales Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Lockheed Martin Corp. net sales decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.