LMT vs. INGR

Last updated Jun 9, 2026

LMT (Lockheed Martin Corporation) and INGR (Ingredion Incorporated) are both stocks. LMT operates in Aerospace & Defense (Industrials), while INGR operates in Packaged Foods (Consumer Defensive). Over the past 10 years, LMT returned 10.91%/yr vs 0.54%/yr for INGR. At a 0.26 correlation, their price movements are largely independent.

Performance

LMT vs. INGR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lockheed Martin Corporation (LMT) and Ingredion Incorporated (INGR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LMT achieves a 8.80% return, which is significantly higher than INGR's -8.27% return. Over the past 10 years, LMT has outperformed INGR with an annualized return of 10.91%, while INGR has yielded a comparatively lower 0.54% annualized return.

LMT

• 1D: -0.70%
• 1M: 3.35%
• YTD: 8.80%
• 6M: 13.08%
• 1Y: 10.88%
• 3Y*: 6.80%
• 5Y*: 9.00%
• 10Y*: 10.91%

INGR

• 1D: -0.32%
• 1M: -7.20%
• YTD: -8.27%
• 6M: -5.02%
• 1Y: -25.77%
• 3Y*: 0.35%
• 5Y*: 3.70%
• 10Y*: 0.54%

*Multi-year figures are annualized to reflect compound growth (CAGR)

LMT vs. INGR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LMT Lockheed Martin Corporation	8.80%	2.47%	10.02%	-4.31%	40.48%	3.15%	-6.49%	52.55%	-16.35%	31.77%
INGR Ingredion Incorporated	-8.27%	-17.86%	29.22%	14.08%	4.47%	26.35%	-12.55%	4.70%	-33.10%	13.87%

Correlation

The correlation between LMT and INGR is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.20
Correlation (3Y) Calculated over the trailing 3-year period	0.25
Correlation (5Y) Calculated over the trailing 5-year period	0.29
Correlation (10Y) Calculated over the trailing 10-year period	0.30
Correlation (All Time) Calculated using the full available price history since Dec 12, 1997	0.26

The correlation between LMT and INGR shifts across timeframes, from 0.20 (1 year) to 0.30 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS LMT : $20.61 INGR : $13.96
PE Ratio LMT : 25.23 INGR : 7.14
PS Ratio LMT : 1.61 INGR : 0.90
Total Revenue (TTM) LMT : $75.12B INGR : $5.41B
Gross Profit (TTM) LMT : $7.37B INGR : $1.36B
EBITDA (TTM) LMT : $8.09B INGR : $902.00M

Return for Risk

LMT vs. INGR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LMT

LMT Risk / Return Rank: 52
LMT Sharpe Ratio Rank: 57
LMT Sortino Ratio Rank: 49
LMT Omega Ratio Rank: 49
LMT Calmar Ratio Rank: 53
LMT Martin Ratio Rank: 54

INGR

INGR Risk / Return Rank: 2
INGR Sharpe Ratio Rank: 0
INGR Sortino Ratio Rank: 2
INGR Omega Ratio Rank: 3
INGR Calmar Ratio Rank: 3
INGR Martin Ratio Rank: 3

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LMT vs. INGR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lockheed Martin Corporation (LMT) and Ingredion Incorporated (INGR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	LMT	INGR	Difference
Sharpe ratio: Return per unit of total volatility	0.41	-1.58	+1.99
Sortino ratio: Return per unit of downside risk	0.71	-2.15	+2.85
Omega ratio: Gain probability vs. loss probability	1.10	0.74	+0.35
Calmar ratio: Return relative to maximum drawdown	0.43	-0.97	+1.40
Martin ratio: Return relative to average drawdown	1.04	-1.64	+2.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LMT vs. INGR - Sharpe Ratio Comparison

The current LMT Sharpe Ratio is 0.41, which is higher than the INGR Sharpe Ratio of -1.58. The chart below compares the historical Sharpe Ratios of LMT and INGR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LMT	INGR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.41	-1.58	+1.99
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.40	0.17	+0.22
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.46	0.02	+0.44
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	0.29	+0.09

Drawdowns

LMT vs. INGR - Drawdown Comparison

The maximum LMT drawdown since its inception was -79.29%, which is greater than INGR's maximum drawdown of -64.20%. Use the drawdown chart below to compare losses from any high point for LMT and INGR.

Drawdown Indicators

	LMT	INGR	Difference
Max Drawdown Largest peak-to-trough decline	-79.29%	-64.20%	-15.09%
Max Drawdown (1Y) Largest decline over 1 year	-25.15%	-26.69%	+1.54%
Max Drawdown (3Y) Largest decline over 3 years	-31.79%	-33.21%	+1.42%
Max Drawdown (5Y) Largest decline over 5 years	-31.79%	-33.21%	+1.42%
Max Drawdown (10Y) Largest decline over 10 years	-36.67%	-56.14%	+19.47%
Current Drawdown Current decline from peak	-22.64%	-33.07%	+10.43%
Average Drawdown Average peak-to-trough decline	-26.84%	-18.31%	-8.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.51%	15.72%	-5.21%

Volatility

LMT vs. INGR - Volatility Comparison

Lockheed Martin Corporation (LMT) and Ingredion Incorporated (INGR) have volatilities of 5.31% and 5.11%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LMT	INGR	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.31%	5.11%	+0.20%
Volatility (6M) Calculated over the trailing 6-month period	19.60%	11.74%	+7.86%
Volatility (1Y) Calculated over the trailing 1-year period	26.62%	16.44%	+10.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.88%	21.29%	+1.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.72%	24.87%	-1.15%

Dividends

LMT vs. INGR - Dividend Comparison

LMT's dividend yield for the trailing twelve months is around 2.62%, less than INGR's 3.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
INGR Ingredion Incorporated	3.27%	2.92%	1.72%	2.75%	2.78%	2.67%	3.23%	2.70%	2.68%	1.57%	1.52%	1.82%
LMT Lockheed Martin Corporation	2.62%	2.76%	2.62%	2.68%	2.34%	2.98%	2.76%	2.31%	3.13%	2.32%	2.71%	2.83%

Financials

Frequently Asked Questions

Can I hold both LMT and INGR in my portfolio?

LMT and INGR have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LMT or INGR?

LMT has higher volatility (5.31%) compared to INGR (5.11%). In terms of maximum drawdown, LMT dropped -79.29% vs INGR's -64.20%.

Which has better risk-adjusted returns?

LMT currently has the higher Sharpe Ratio (0.41 vs -1.58), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.