Discounted Cash Flow
Lockheed Martin Corp.
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2016 | $47.2b | $5.3b | $4.1b | 11.2% | $17.71 |
| 2017 | $51.0b (8.0%) | $2.0b (-62.2%) | $5.3b (28.4%) | 3.9% (-65.1%) | $6.96 (-60.7%) |
| 2018 | $53.8b (5.3%) | $5.0b (152.0%) | $1.9b (-64.9%) | 9.4% (139.3%) | $17.74 (154.9%) |
| 2019 | $59.8b (11.3%) | $6.2b (23.5%) | $5.8b (213.3%) | 10.4% (11.0%) | $22.09 (24.5%) |
| 2020 | $65.4b (9.3%) | $6.8b (9.7%) | $6.4b (10.1%) | 10.4% (0.3%) | $24.40 (10.5%) |
| 2021 | $67.0b (2.5%) | $6.3b (-7.6%) | $7.7b (20.0%) | 9.4% (-9.8%) | $22.85 (-6.4%) |
| 2022 | $66.0b (-1.6%) | $5.7b (-9.2%) | $6.1b (-20.4%) | 8.7% (-7.8%) | $21.74 (-4.9%) |
| 2023 | $67.6b (2.4%) | $6.9b (20.7%) | $6.2b (1.6%) | 10.2% (17.9%) | $27.65 (27.2%) |
| 2024 | $71.0b (5.1%) | $5.3b (-22.9%) | $5.3b (-15.1%) | 7.5% (-26.7%) | $22.39 (-19.0%) |
| 2025 | $75.0b (5.6%) | $5.0b (-6.0%) | $6.9b (30.7%) | 6.7% (-11.0%) | $21.56 (-3.7%) |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
Values abbreviated: b = billions, m = millions, k = thousands.
Projected cash flows
| Year | Projected cash flow | Discount Factor | Present Value |
|---|
PV of projected FCF: —
Terminal FCF: —
Terminal value: —
PV of terminal value: —
Enterprise value (DCF): —
Current price: —
—Alternative DCF Models
| Model | Fair Value | Upside | PV(FCFs) | PV(Terminal) | Total Years |
|---|---|---|---|---|---|
| Standard (10yr→TV) | — | — | — | — | 10 + TV |
| Alt A (Gradual Decline) | — | — | — | — | — |
| Alt B (30yr Hard Stop) | — | — | — | N/A | — |
This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.