PYPL vs. LMT
PYPL (PayPal Holdings, Inc.) and LMT (Lockheed Martin Corporation) are both stocks. PYPL operates in Credit Services (Financial Services), while LMT operates in Aerospace & Defense (Industrials). Over the past 10 years, PYPL returned 1.21%/yr vs 11.37%/yr for LMT. At a 0.17 correlation, their price movements are largely independent.
Performance
PYPL vs. LMT - Performance Comparison
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Returns By Period
In the year-to-date period, PYPL achieves a -28.41% return, which is significantly lower than LMT's 13.04% return. Over the past 10 years, PYPL has underperformed LMT with an annualized return of 1.21%, while LMT has yielded a comparatively higher 11.37% annualized return.
PYPL
- 1D
- 0.70%
- 1M
- -7.88%
- YTD
- -28.41%
- 6M
- -32.22%
- 1Y
- -44.01%
- 3Y*
- -12.98%
- 5Y*
- -31.18%
- 10Y*
- 1.21%
LMT
- 1D
- -1.52%
- 1M
- 4.60%
- YTD
- 13.04%
- 6M
- 13.84%
- 1Y
- 18.25%
- 3Y*
- 8.98%
- 5Y*
- 9.78%
- 10Y*
- 11.37%
PYPL vs. LMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PYPL PayPal Holdings, Inc. | -28.41% | -31.44% | 38.98% | -13.77% | -62.23% | -19.48% | 116.51% | 28.64% | 14.22% | 86.52% |
LMT Lockheed Martin Corporation | 13.04% | 2.47% | 10.02% | -4.31% | 40.48% | 3.15% | -6.49% | 52.55% | -16.35% | 31.77% |
Correlation
The correlation between PYPL and LMT is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Jul 20, 2015 | 0.17 |
Fundamentals
PYPL:
$38.21B
LMT:
$124.87B
PYPL:
$5.31
LMT:
$20.61
PYPL:
7.83
LMT:
26.21
PYPL:
1.17
LMT:
1.67
PYPL:
1.91
LMT:
16.67
PYPL:
$33.73B
LMT:
$75.12B
PYPL:
$15.56B
LMT:
$7.37B
PYPL:
$7.23B
LMT:
$8.09B
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Return for Risk
PYPL vs. LMT — Risk / Return Rank
PYPL
LMT
PYPL vs. LMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PayPal Holdings, Inc. (PYPL) and Lockheed Martin Corporation (LMT). 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.
| PYPL | LMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.82 | ||
| Sortino ratioReturn per unit of downside risk | -2.58 | ||
| Omega ratioGain probability vs. loss probability | 0.79 | 1.14 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | -0.88 | 0.73 | -1.61 |
| Martin ratioReturn relative to average drawdown | -1.54 | 1.69 | -3.23 |
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Drawdowns
PYPL vs. LMT - Drawdown Comparison
The maximum PYPL drawdown since its inception was -87.30%, which is greater than LMT's maximum drawdown of -79.29%. Use the drawdown chart below to compare losses from any high point for PYPL and LMT.
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Drawdown Indicators
| PYPL | LMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.30% | -79.29% | -8.01% |
Max Drawdown (1Y)Largest decline over 1 year | -49.92% | -25.15% | -24.77% |
Max Drawdown (3Y)Largest decline over 3 years | -57.34% | -31.79% | -25.55% |
Max Drawdown (5Y)Largest decline over 5 years | -87.30% | -31.79% | -55.51% |
Max Drawdown (10Y)Largest decline over 10 years | -87.30% | -36.67% | -50.63% |
Current DrawdownCurrent decline from peak | -86.42% | -19.63% | -66.79% |
Average DrawdownAverage peak-to-trough decline | -35.90% | -26.83% | -9.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.60% | 10.81% | +17.79% |
Volatility
PYPL vs. LMT - Volatility Comparison
PayPal Holdings, Inc. (PYPL) and Lockheed Martin Corporation (LMT) have volatilities of 7.01% and 7.02%, 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.
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Volatility by Period
| PYPL | LMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.01% | 7.02% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 31.72% | 20.04% | +11.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.10% | 26.71% | +12.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.08% | 22.99% | +19.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.77% | 23.76% | +15.01% |
Dividends
PYPL vs. LMT - Dividend Comparison
PYPL's dividend yield for the trailing twelve months is around 1.01%, less than LMT's 2.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LMT Lockheed Martin Corporation | 2.53% | 2.76% | 2.62% | 2.68% | 2.34% | 2.98% | 2.76% | 2.31% | 3.13% | 2.32% | 2.71% | 2.83% |
PYPL PayPal Holdings, Inc. | 1.01% | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
PYPL vs. LMT - Financials Comparison
This section allows you to compare key financial metrics between PayPal Holdings, Inc. and Lockheed Martin 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
PYPL vs. LMT - Profitability Comparison
PYPL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, PayPal Holdings, Inc. reported a gross profit of 3.81B and revenue of 8.35B. Therefore, the gross margin over that period was 45.6%.
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%.
PYPL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, PayPal Holdings, Inc. reported an operating income of 1.49B and revenue of 8.35B, resulting in an operating margin of 17.8%.
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%.
PYPL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, PayPal Holdings, Inc. reported a net income of 1.11B and revenue of 8.35B, resulting in a net margin of 13.3%.
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%.
Frequently Asked Questions
PYPL and LMT have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LMT has higher volatility (7.02%) compared to PYPL (7.01%). In terms of maximum drawdown, PYPL dropped -87.30% vs LMT's -79.29%.
LMT currently has the higher Sharpe Ratio (0.69 vs -1.13), 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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