Lockheed Martin Corp.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $51.05B | $47.25B | $40.54B | $39.95B | $45.36B | $47.18B | $46.50B | $45.67B |
| Aeronautics | $20.14B | $17.77B | — | — | $14.48B | $14.94B | $14.22B | $13.16B |
| Missiles_and_Fire_Control | $7.19B | $6.61B | — | — | $7.76B | $7.50B | $7.11B | $6.78B |
| Rotary_and_Mission_Systems | $14.24B | $13.49B | — | — | $7.47B | $7.69B | $7.52B | $7.63B |
| Space | $9.49B | $9.38B | — | — | $9.37B | $8.25B | $8.27B | $8.18B |
| Info_Systems_and_Global_Solutions | $0 | $0 | — | — | $6.28B | $8.81B | $9.38B | $9.93B |
| Cost of Revenue | $43.59B | $41.89B | $36.04B | $35.26B | $41.17B | $42.99B | $42.76B | $41.83B |
| Gross Profit | $6.37B | $5.40B | $4.49B | $4.68B | $4.19B | $4.20B | $3.74B | $3.84B |
| Gross Margin | 12.5% | 11.4% | 11.1% | 11.7% | 9.2% | 8.9% | 8.1% | 8.4% |
| Operating Expenses | ||||||||
| Research & Development | $1.20B | $988.0M | $817.0M | $733.0M | $697.0M | $616.0M | $585.0M | $639.0M |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $6.74B | $5.89B | $4.71B | $5.01B | $4.51B | $4.43B | $4.02B | $4.11B |
| Operating Margin | 13.2% | 12.5% | 11.6% | 12.5% | 9.9% | 9.4% | 8.6% | 9.0% |
| Interest Expense | $651.0M | $663.0M | $443.0M | $340.0M | $350.0M | $383.0M | $354.0M | $345.0M |
| Pretax Income | $5.25B | $4.75B | $4.30B | $4.68B | $4.16B | $4.07B | $3.63B | $3.78B |
| Income Tax Expense | $3.36B | $1.09B | $1.17B | $1.42B | $1.21B | $1.33B | $964.0M | $1.16B |
| Net Income | $1.96B | $5.17B | $3.61B | $3.61B | $2.98B | $2.75B | $2.66B | $2.88B |
| Net Margin | 3.8% | 10.9% | 8.9% | 9.0% | 6.6% | 5.8% | 5.7% | 6.3% |
| EPS (Basic) | $6.82 | $17.28 | $11.62 | $11.41 | $9.29 | $8.48 | $7.90 | $7.90 |
| EPS (Diluted) | $6.75 | $17.07 | $11.46 | $11.21 | $9.13 | $8.36 | $7.81 | $7.81 |
| Shares Outstanding (Basic) | 287.8M | 299.3M | 310.3M | 316.8M | 320.9M | 323.7M | 335.9M | 364.2M |
| Shares Outstanding (Diluted) | 290.6M | 303.1M | 314.7M | 322.4M | 326.5M | 328.4M | 339.9M | 368.3M |
| Dividends Per Share | $7.46 | $6.77 | $6.15 | $5.49 | $4.78 | $4.15 | $3.25 | $2.64 |