LMT vs. RTX
LMT (Lockheed Martin Corporation) and RTX (RTX Corporation) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 10 years, LMT returned 11.44%/yr vs 16.97%/yr for RTX. Their 0.38 correlation means their historical movements had little consistent relationship.
Performance
LMT vs. RTX - Performance Comparison
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Returns By Period
In the year-to-date period, LMT achieves a 21.91% return, which is significantly higher than RTX's 18.23% return. Over the past 10 years, LMT has underperformed RTX with an annualized return of 11.44%, while RTX has yielded a comparatively higher 16.97% annualized return.
LMT
- 1D
- 1.50%
- 1M
- 6.75%
- 6M
- -7.03%
- YTD
- 21.91%
- 1Y
- 42.15%
- 3Y*
- 11.85%
- 5Y*
- 12.40%
- 10Y*
- 11.44%
- ALL TIME*
- 12.37%
RTX
- 1D
- 0.39%
- 1M
- 8.02%
- 6M
- 7.92%
- YTD
- 18.23%
- 1Y
- 39.44%
- 3Y*
- 37.63%
- 5Y*
- 22.54%
- 10Y*
- 16.97%
- ALL TIME*
- 12.56%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $862.45M | $661.19M | $684.61M | |
| $1.30B | $1.06B | $1.02B |
LMT vs. RTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LMT Lockheed Martin Corporation | 21.91% | 2.47% | 10.02% | -4.31% | 40.48% | 3.15% | -6.49% | 52.55% | -16.35% | 31.77% |
RTX RTX Corporation | 18.23% | 61.44% | 40.76% | -14.44% | 20.01% | 23.27% | -7.70% | 43.82% | -14.66% | 19.13% |
Correlation
The correlation between LMT and RTX is 0.57, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.57 |
Correlation (3Y) Balances recent behavior with more history. | 0.51 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.57 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.56 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 1977 | 0.38 |
The correlation between LMT and RTX shifts across timeframes, from 0.38 (all time) to 0.57 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
LMT:
$134.49B
RTX:
$290.06B
LMT:
$27.13
RTX:
$5.68
LMT:
21.48
RTX:
37.89
LMT:
1.75
RTX:
3.14
LMT:
15.36
RTX:
4.42
LMT:
$77.02B
RTX:
$93.50B
LMT:
$9.09B
RTX:
$19.02B
LMT:
$9.86B
RTX:
$16.07B
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Return for Risk
LMT vs. RTX — Risk / Return Rank
LMT
RTX
LMT vs. RTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lockheed Martin Corporation (LMT) and RTX Corporation (RTX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| LMT | RTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.28 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.58 | 2.02 | -0.44 |
| Martin ratioReturn relative to average drawdown | 3.33 | 5.05 | -1.72 |
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Drawdowns
LMT vs. RTX - Drawdown Comparison
The maximum LMT drawdown since its inception was -79.29%, which is greater than RTX's maximum drawdown of -55.14%. Use the drawdown chart below to compare losses from any high point for LMT and RTX.
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Drawdown Indicators
| LMT | RTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.29% | -55.14% | -24.15% |
Max Drawdown (1Y)Largest decline over 1 year | -26.87% | -19.32% | -7.55% |
Max Drawdown (3Y)Largest decline over 3 years | -31.79% | -20.40% | -11.39% |
Max Drawdown (5Y)Largest decline over 5 years | -31.79% | -32.84% | +1.05% |
Max Drawdown (10Y)Largest decline over 10 years | -36.67% | -51.98% | +15.31% |
Current DrawdownCurrent decline from peak | -13.32% | -1.54% | -11.78% |
Average DrawdownAverage peak-to-trough decline | -26.82% | -13.01% | -13.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.69% | 7.70% | +4.99% |
Volatility
LMT vs. RTX - Volatility Comparison
Lockheed Martin Corporation (LMT) has a higher volatility of 12.21% compared to RTX Corporation (RTX) at 9.54%. This indicates that LMT's price experiences larger fluctuations and is considered to be riskier than RTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LMT | RTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.21% | 9.54% | +2.67% |
Volatility (6M)Calculated over the trailing 6-month period | 21.67% | 20.04% | +1.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.20% | 25.67% | +1.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.76% | 24.21% | -0.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.19% | 27.94% | -3.75% |
Dividends
LMT vs. RTX - Dividend Comparison
LMT's dividend yield for the trailing twelve months is around 2.34%, more than RTX's 1.29% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LMT Lockheed Martin Corporation | 2.34% | 2.76% | 2.62% | 2.68% | 2.34% | 2.98% | 2.76% | 2.31% | 3.13% | 2.32% | 2.71% | 2.83% |
RTX RTX Corporation | 1.29% | 1.46% | 2.14% | 2.76% | 2.14% | 2.33% | 21.21% | 1.96% | 2.66% | 2.13% | 2.39% | 2.66% |
Financials
LMT vs. RTX - Financials Comparison
This section allows you to compare key financial metrics between Lockheed Martin Corporation and RTX Corporation. 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. RTX - Profitability Comparison
LMT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Lockheed Martin Corporation reported a gross profit of 2.45B and revenue of 20.06B. Therefore, the gross margin over that period was 12.2%.
RTX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, RTX Corporation reported a gross profit of 5.13B and revenue of 24.71B. Therefore, the gross margin over that period was 20.8%.
LMT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Lockheed Martin Corporation reported an operating income of 2.48B and revenue of 20.06B, resulting in an operating margin of 12.4%.
RTX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, RTX Corporation reported an operating income of 2.81B and revenue of 24.71B, resulting in an operating margin of 11.4%.
LMT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Lockheed Martin Corporation reported a net income of 1.84B and revenue of 20.06B, resulting in a net margin of 9.2%.
RTX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, RTX Corporation reported a net income of 2.14B and revenue of 24.71B, resulting in a net margin of 8.7%.
Frequently Asked Questions
LMT and RTX have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LMT has higher volatility (12.21%) compared to RTX (9.54%). In terms of maximum drawdown, LMT dropped -79.29% vs RTX's -55.14%.
LMT currently has the higher Sharpe Ratio (1.56 vs 1.52), 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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