TSLA vs. LMT
TSLA (Tesla, Inc.) and LMT (Lockheed Martin Corporation) are both stocks. TSLA operates in Auto Manufacturers (Consumer Cyclical), while LMT operates in Aerospace & Defense (Industrials). Over the past 10 years, TSLA returned 39.76%/yr vs 10.94%/yr for LMT. At a 0.12 correlation, their price movements are largely independent.
Performance
TSLA vs. LMT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TSLA achieves a -6.95% return, which is significantly lower than LMT's 8.59% return. Over the past 10 years, TSLA has outperformed LMT with an annualized return of 39.76%, while LMT has yielded a comparatively lower 10.94% annualized return.
TSLA
- 1D
- -1.24%
- 1M
- 7.47%
- YTD
- -6.95%
- 6M
- -7.94%
- 1Y
- 26.02%
- 3Y*
- 24.35%
- 5Y*
- 15.95%
- 10Y*
- 39.76%
LMT
- 1D
- 1.37%
- 1M
- 2.66%
- YTD
- 8.59%
- 6M
- 17.14%
- 1Y
- 10.54%
- 3Y*
- 7.35%
- 5Y*
- 8.55%
- 10Y*
- 10.94%
TSLA vs. LMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TSLA Tesla, Inc. | -6.95% | 11.36% | 62.52% | 101.72% | -65.03% | 49.76% | 743.44% | 25.70% | 6.89% | 45.70% |
LMT Lockheed Martin Corporation | 8.59% | 2.47% | 10.02% | -4.31% | 40.48% | 3.15% | -6.49% | 52.55% | -16.35% | 31.77% |
Correlation
The correlation between TSLA and LMT is 0.07, 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 | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2010 | 0.12 |
The correlation between TSLA and LMT shifts across timeframes, from 0.01 (3 years) to 0.12 (all time), reflecting how their relationship changes across market environments.
Fundamentals
TSLA:
$1.48T
LMT:
$119.95B
TSLA:
$1.10
LMT:
$20.61
TSLA:
381.15
LMT:
25.18
TSLA:
15.09
LMT:
1.61
TSLA:
17.60
LMT:
16.02
TSLA:
$97.88B
LMT:
$75.12B
TSLA:
$18.66B
LMT:
$7.37B
TSLA:
$10.48B
LMT:
$8.09B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TSLA vs. LMT — Risk / Return Rank
TSLA
LMT
TSLA vs. LMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tesla, Inc. (TSLA) 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.
| TSLA | LMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.17 | ||
| Sortino ratioReturn per unit of downside risk | +0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.09 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.87 | 0.42 | +0.45 |
| Martin ratioReturn relative to average drawdown | 2.05 | 1.02 | +1.02 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| TSLA | LMT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.57 | 0.40 | +0.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.27 | 0.38 | -0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | 0.46 | +0.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 0.38 | +0.36 |
Drawdowns
TSLA vs. LMT - Drawdown Comparison
The maximum TSLA drawdown since its inception was -73.63%, smaller than the maximum LMT drawdown of -79.29%. Use the drawdown chart below to compare losses from any high point for TSLA and LMT.
Loading charts...
Drawdown Indicators
| TSLA | LMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.63% | -79.29% | +5.66% |
Max Drawdown (1Y)Largest decline over 1 year | -29.93% | -25.15% | -4.78% |
Max Drawdown (3Y)Largest decline over 3 years | -53.77% | -31.79% | -21.98% |
Max Drawdown (5Y)Largest decline over 5 years | -73.63% | -31.79% | -41.84% |
Max Drawdown (10Y)Largest decline over 10 years | -73.63% | -36.67% | -36.96% |
Current DrawdownCurrent decline from peak | -14.58% | -22.79% | +8.21% |
Average DrawdownAverage peak-to-trough decline | -22.73% | -26.84% | +4.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.80% | 10.32% | +2.48% |
Volatility
TSLA vs. LMT - Volatility Comparison
Tesla, Inc. (TSLA) has a higher volatility of 12.17% compared to Lockheed Martin Corporation (LMT) at 5.29%. This indicates that TSLA's price experiences larger fluctuations and is considered to be riskier than LMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TSLA | LMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.17% | 5.29% | +6.88% |
Volatility (6M)Calculated over the trailing 6-month period | 27.31% | 19.59% | +7.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.38% | 26.57% | +19.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.82% | 22.88% | +35.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.10% | 23.70% | +35.40% |
Dividends
TSLA vs. LMT - Dividend Comparison
TSLA has not paid dividends to shareholders, while LMT's dividend yield for the trailing twelve months is around 2.63%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LMT Lockheed Martin Corporation | 2.63% | 2.76% | 2.62% | 2.68% | 2.34% | 2.98% | 2.76% | 2.31% | 3.13% | 2.32% | 2.71% | 2.83% |
TSLA Tesla, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
TSLA vs. LMT - Financials Comparison
This section allows you to compare key financial metrics between Tesla, 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
TSLA vs. LMT - Profitability Comparison
TSLA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tesla, Inc. reported a gross profit of 4.72B and revenue of 22.39B. Therefore, the gross margin over that period was 21.1%.
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%.
TSLA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tesla, Inc. reported an operating income of 941.00M and revenue of 22.39B, resulting in an operating margin of 4.2%.
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%.
TSLA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tesla, Inc. reported a net income of 491.00M and revenue of 22.39B, resulting in a net margin of 2.2%.
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
TSLA and LMT have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSLA has higher volatility (12.17%) compared to LMT (5.29%). In terms of maximum drawdown, TSLA dropped -73.63% vs LMT's -79.29%.
TSLA currently has the higher Sharpe Ratio (0.57 vs 0.40), 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.
Find the right allocation for TSLA and LMT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer