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Common-Size Income Statement
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Lockheed Martin Corp., Common-Size Consolidated Income Statement
Based on: 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-06), 10-K (filing date: 2017-02-09), 10-K (filing date: 2016-02-24), 10-K (filing date: 2015-02-09).
Item | Description | The company |
---|---|---|
Operating profit | The net result for the period of deducting operating expenses from operating revenues. | Lockheed Martin Corp.’s operating profit as a percentage of net sales declined from 2016 to 2017 but then increased from 2017 to 2018 exceeding 2016 level. |
Earnings from continuing operations before income taxes | Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. | Lockheed Martin Corp.’s earnings from continuing operations before income taxes as a percentage of net sales declined from 2016 to 2017 but then increased from 2017 to 2018 exceeding 2016 level. |
Net earnings | The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. | Lockheed Martin Corp.’s net earnings as a percentage of net sales declined from 2016 to 2017 but then increased from 2017 to 2018 not reaching 2016 level. |