Head to head · SEC data as of July 18, 2026

Boeing vs Lockheed Martin: which has the stronger fundamentals?

Boeing

46

Quality score · out of 100

Lockheed Martin

56

Quality score · out of 100

Lockheed Martin comes in ahead: a quality score of 56 versus 46 for Boeing. Lockheed Martin wins on net margin (6.4% vs 2.5%), gross margin (9.8% vs 4.8%) and ROE (64% vs 37.9%). Boeing answers with revenue growth (9.2% vs 2.7%).

The metrics, head to head

MetricBoeingLockheed Martin
Quality score (0-100)4656
Net margin2.5%6.4%
Gross margin4.8%9.8%
ROE37.9%64%
Net debt/EBITDA6.38×2.06×
FCF margin-1.1%7.5%
Revenue growth (annualized)9.2%2.7%
Earnings growth (annualized)-3.1%

TTM metrics with official SEC data, refreshed daily. Bold green marks the winner of each metric. A dash means the metric doesn't apply or isn't reliable.

What each one does

Boeing. Boeing is, alongside Airbus, one of the world's two big commercial-aircraft makers, and also a major defense and aerospace contractor. It operates in a duopoly with enormous barriers to entry.

Lockheed Martin. Lockheed Martin is the world's largest defense contractor: it builds the F-35 fighter, missiles, helicopters and space systems, almost all for the U.S. government and its allies. Multi-year contracts give it a huge, visible order backlog.

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What this comparison doesn't tell you

The score measures business quality, not whether the stock is cheap or expensive: the better company can be the worse investment if you overpay. For the valuation verdict, enter each one's current price in the analyzer:

Analyze Boeing →Analyze Lockheed Martin →

Frequently asked questions

Who has the stronger fundamentals today, Boeing or Lockheed Martin?

By the StockSemáforo model (profitability, growth and financial strength, built on official SEC data), Lockheed Martin scores higher: 56 versus 46 out of 100. The score is recomputed nightly with the latest filings.

Does that make Lockheed Martin the better investment?

No. The score measures business quality, not valuation: an excellent company can trade at an excessive price and be a poor investment at that price. To find out whether it's cheap or expensive, enter its current quote in the StockSemáforo analyzer.

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