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Jun 30, 2024
Lockheed Martin Q2 2024 Earnings Report
Lockheed Martin reported strong second-quarter results with increased sales and earnings, and raised its full-year outlook.
Key Takeaways
Lockheed Martin reported a 9% year-over-year increase in net sales, reaching $18.1 billion. Net earnings were $1.6 billion, or $6.85 per share. The company increased its 2024 outlook for sales, segment operating profit, and earnings per share.
Net sales increased by 9% year-over-year to $18.1 billion.
Net earnings reached $1.6 billion, or $6.85 per share.
Cash from operations was $1.9 billion, and free cash flow was $1.5 billion.
The company returned $1.6 billion to shareholders through dividends and share repurchases.
Lockheed Martin
Lockheed Martin
Lockheed Martin Revenue by Segment
Forward Guidance
Lockheed Martin raised its 2024 full-year outlook for sales, segment operating profit, and earnings per share.
Revenue & Expenses
Visualization of income flow from segment revenue to net income