LMT vs TSLA
Lockheed Martin Corp. and Tesla, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | LMT | TSLA |
|---|---|---|
| Revenue | $75.0B | $94.8B |
| Net income | $5.0B | $3.8B |
| Gross margin | 10.2% | 18.0% |
| Net margin | 6.7% | 4.1% |
| Return on equity | 76.9% | 4.9% |
| Diluted EPS | $21.49 | $1.08 |
| Dividend / share | $13.35 | · |
| Payout ratio | 62.4% | · |
| Free cash flow | $6.9B | $6.2B |
| Equity | $6.7B | $82.1B |
| Net debt / equity | 2.62× | −0.10× |
| Current ratio | 1.09× | 2.16× |
| Revenue CAGR 5y | 2.8% | 24.6% |
| Profit CAGR 5y | −6.0% | 39.4% |
TSLA bills 1.3× the revenue of LMT, and LMT keeps more of each dollar of revenue as profit (6.7% against 4.1%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | LMT | TSLA |
|---|---|---|
| FY2025 | $75.0B | $94.8B |
| FY2024 | $71.0B | $97.7B |
| FY2023 | $67.6B | $96.8B |
| FY2022 | $66.0B | $81.5B |
| FY2021 | $67.0B | $53.8B |
| FY2020 | $65.4B | $31.5B |
| FY2019 | $59.8B | $24.6B |
| FY2018 | $53.8B | $21.5B |
| FY2017 | $50.0B | $11.8B |
| FY2016 | $47.3B | $7.0B |
Bottom line
| Fiscal year | LMT | TSLA |
|---|---|---|
| FY2025 | $5.0B | $3.8B |
| FY2024 | $5.3B | $7.1B |
| FY2023 | $6.9B | $15.0B |
| FY2022 | $5.7B | $12.6B |
| FY2021 | $6.3B | $5.5B |
| FY2020 | $6.8B | $721.0M |
| FY2019 | $6.2B | $-862.0M |
| FY2018 | $5.0B | $-976.0M |
| FY2017 | $2.0B | $-2.0B |
| FY2016 | $5.2B | $-674.9M |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$19,779,000,000 | TSLA |
| FY2024 | −$26,647,000,000 | TSLA |
| FY2023 | −$29,202,000,000 | TSLA |
| FY2022 | −$15,478,000,000 | TSLA |
| FY2021 | +$13,221,000,000 | LMT |
| FY2020 | +$33,862,000,000 | LMT |
| FY2019 | +$35,234,000,000 | LMT |
| FY2018 | +$32,301,000,000 | LMT |
| FY2017 | +$38,201,000,000 | LMT |
| FY2016 | +$40,289,868,000 | LMT |
| FY2015 | +$36,489,975,000 | LMT |
| FY2014 | +$36,747,644,000 | LMT |
| FY2013 | +$43,344,504,000 | LMT |
| FY2012 | +$46,768,744,000 | LMT |
| FY2011 | +$46,294,758,000 | LMT |
| FY2010 | +$45,554,256,000 | LMT |
| FY2009 | +$43,755,057,000 | LMT |
The higher-revenue side has changed between LMT and TSLA over this period. The gap has narrowed since the earliest year compared.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +2.6 pp | LMT |
| FY2024 | +0.2 pp | LMT |
| FY2023 | −5.2 pp | TSLA |
| FY2022 | −6.8 pp | TSLA |
| FY2021 | −1.1 pp | TSLA |
| FY2020 | +7.7 pp | LMT |
| FY2019 | +13.6 pp | LMT |
| FY2018 | +14.3 pp | LMT |
| FY2017 | +23.0 pp | LMT |
| FY2016 | +22.0 pp | LMT |
| FY2015 | +30.9 pp | LMT |
| FY2014 | +18.2 pp | LMT |
| FY2013 | +10.2 pp | LMT |
| FY2012 | +101.7 pp | LMT |
| FY2011 | +130.3 pp | LMT |
| FY2010 | +138.5 pp | LMT |
| FY2009 | +56.6 pp | LMT |
The higher net margin has changed hands between LMT and TSLA over this period.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
TSLA's net margin has been more volatile than LMT's over the 17 comparable fiscal years — 46.1 percentage points of standard deviation against 2.0.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between LMT and TSLA over these 17 fiscal years — LMT led in 14 and TSLA in 3.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
LMT's return on equity has been more volatile than TSLA's over the 13 comparable fiscal years — 124.0 percentage points of standard deviation against 70.5.
13 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
LMT led in return on equity in every one of the 13 comparable fiscal years — a structural lead, not a recent swing.
13 of 19 comparable fiscal years — a year missing data on either side is not counted.