Question 1

What is Lockheed Martin Corp.'s WACC?

Accepted Answer

Lockheed Martin Corp. (LMT) has a Weighted Average Cost of Capital (WACC) of 6.22%. This is calculated using a Cost of Equity of 6.56% (via CAPM with a beta of 0.24) and a pre-tax Cost of Debt of 5.41%, with an equity weight of 85.19% in the capital structure.

Question 2

Is Lockheed Martin Corp.'s WACC high or low?

Accepted Answer

Lockheed Martin Corp.'s WACC of 6.22% is below the typical range of 8-12% for most companies, indicating relatively low cost of capital and lower risk. WACC is used as the discount rate in DCF valuations — a lower WACC results in higher present values of future cash flows.

Question 3

How is Lockheed Martin Corp.'s WACC calculated?

Accepted Answer

Lockheed Martin Corp.'s WACC is calculated using the formula: WACC = (E/V × Re) + (D/V × Rd × (1-T)). The Cost of Equity (Re) of 6.56% is derived from the CAPM model using a beta of 0.24. The pre-tax Cost of Debt (Rd) is 5.41%. The capital structure is 85.19% equity and 14.81% debt.

Lockheed Martin Corp. (LMT) — WACC 分析

WACC 构成

解读

Lockheed Martin Corp.（LMT）WACC：6.22%

WACC计算器

Lockheed Martin Corp.（LMT） WACC 解读

LMT 公司分析

LMT DCF 估值

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