LMT vs. LLY
LMT (Lockheed Martin Corporation) and LLY (Eli Lilly and Company) are both stocks. LMT operates in Aerospace & Defense (Industrials), while LLY operates in Drug Manufacturers - General (Healthcare). Over the past 10 years, LMT returned 10.91%/yr vs 33.71%/yr for LLY. At a 0.24 correlation, their price movements are largely independent.
Performance
LMT vs. LLY - Performance Comparison
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Returns By Period
In the year-to-date period, LMT achieves a 8.80% return, which is significantly higher than LLY's 7.29% return. Over the past 10 years, LMT has underperformed LLY with an annualized return of 10.91%, while LLY has yielded a comparatively higher 33.71% 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%
LLY
- 1D
- 1.57%
- 1M
- 21.37%
- YTD
- 7.29%
- 6M
- 15.58%
- 1Y
- 50.32%
- 3Y*
- 38.07%
- 5Y*
- 39.75%
- 10Y*
- 33.71%
LMT vs. LLY - 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% |
LLY Eli Lilly and Company | 7.29% | 40.25% | 33.30% | 60.91% | 34.26% | 66.08% | 31.04% | 16.14% | 40.45% | 17.83% |
Correlation
The correlation between LMT and LLY is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jan 16, 1978 | 0.24 |
The correlation between LMT and LLY shifts across timeframes, from 0.08 (3 years) to 0.24 (all time), reflecting how their relationship changes across market environments.
Fundamentals
LMT:
$120.19B
LLY:
$1.03T
LMT:
$20.61
LLY:
$28.14
LMT:
25.23
LLY:
40.83
LMT:
1.61
LLY:
14.28
LMT:
16.05
LLY:
33.00
LMT:
$75.12B
LLY:
$72.25B
LMT:
$7.37B
LLY:
$59.75B
LMT:
$8.09B
LLY:
$32.97B
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Return for Risk
LMT vs. LLY — Risk / Return Rank
LMT
LLY
LMT vs. LLY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lockheed Martin Corporation (LMT) and Eli Lilly and Company (LLY). 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 | LLY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.92 | ||
| Sortino ratioReturn per unit of downside risk | -1.20 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.26 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 0.43 | 2.14 | -1.70 |
| Martin ratioReturn relative to average drawdown | 1.04 | 5.32 | -4.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LMT | LLY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.41 | 1.33 | -0.92 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.40 | 1.23 | -0.83 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | 1.12 | -0.66 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.58 | -0.20 |
Drawdowns
LMT vs. LLY - Drawdown Comparison
The maximum LMT drawdown since its inception was -79.29%, which is greater than LLY's maximum drawdown of -68.24%. Use the drawdown chart below to compare losses from any high point for LMT and LLY.
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Drawdown Indicators
| LMT | LLY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.29% | -68.24% | -11.05% |
Max Drawdown (1Y)Largest decline over 1 year | -25.15% | -23.64% | -1.51% |
Max Drawdown (3Y)Largest decline over 3 years | -31.79% | -34.48% | +2.69% |
Max Drawdown (5Y)Largest decline over 5 years | -31.79% | -34.48% | +2.69% |
Max Drawdown (10Y)Largest decline over 10 years | -36.67% | -34.48% | -2.19% |
Current DrawdownCurrent decline from peak | -22.64% | 0.00% | -22.64% |
Average DrawdownAverage peak-to-trough decline | -26.84% | -19.22% | -7.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.51% | 9.49% | +1.02% |
Volatility
LMT vs. LLY - Volatility Comparison
The current volatility for Lockheed Martin Corporation (LMT) is 5.31%, while Eli Lilly and Company (LLY) has a volatility of 9.55%. This indicates that LMT experiences smaller price fluctuations and is considered to be less risky than LLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LMT | LLY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.31% | 9.55% | -4.24% |
Volatility (6M)Calculated over the trailing 6-month period | 19.60% | 27.05% | -7.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.62% | 38.16% | -11.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.88% | 32.54% | -9.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.72% | 30.18% | -6.46% |
Dividends
LMT vs. LLY - Dividend Comparison
LMT's dividend yield for the trailing twelve months is around 2.62%, more than LLY's 0.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LLY Eli Lilly and Company | 0.56% | 0.56% | 0.67% | 0.78% | 1.07% | 1.23% | 1.75% | 1.96% | 1.94% | 2.46% | 2.77% | 2.37% |
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
LMT vs. LLY - Financials Comparison
This section allows you to compare key financial metrics between Lockheed Martin Corporation and Eli Lilly and Company. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
LMT vs. LLY - Profitability Comparison
LMT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lockheed Martin Corporation reported a gross profit of 2.08B and revenue of 18.02B. Therefore, the gross margin over that period was 11.5%.
LLY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Eli Lilly and Company reported a gross profit of 15.64B and revenue of 19.80B. Therefore, the gross margin over that period was 79.0%.
LMT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lockheed Martin Corporation reported an operating income of 2.06B and revenue of 18.02B, resulting in an operating margin of 11.5%.
LLY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Eli Lilly and Company reported an operating income of 9.19B and revenue of 19.80B, resulting in an operating margin of 46.4%.
LMT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lockheed Martin Corporation reported a net income of 1.49B and revenue of 18.02B, resulting in a net margin of 8.3%.
LLY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Eli Lilly and Company reported a net income of 7.40B and revenue of 19.80B, resulting in a net margin of 37.4%.
Frequently Asked Questions
LMT and LLY have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LLY has higher volatility (9.55%) compared to LMT (5.31%). In terms of maximum drawdown, LMT dropped -79.29% vs LLY's -68.24%.
LLY currently has the higher Sharpe Ratio (1.33 vs 0.41), 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.
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