International Business Machines Corp vs Lockheed Martin Corporation — how do they compare? International Business Machines Corp trades at $210.35 (market cap $200.20B), while Lockheed Martin Corporation trades at $510.77 (market cap $117.48B). The key difference: International Business Machines Corp is the larger of the two by market cap, and International Business Machines Corp pays the higher dividend (3.17%). Which is the better fit depends on your goals.
| IBM | LMT | |
|---|---|---|
Market Cap | $200.20B | $117.48B |
Volume | 4,481,527 | — |
Sector | Technology | Industrials |
52-Week High | $329.23 | $676.70 |
52-Week Low | $211.20 | $410.74 |
Enterprise Value | $258.21B | $136.28B |
Dividend Yield | 3.17% | 2.71% |
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Lockheed Martin (LMT) trades at $509.44, showing modest daily gains of 0.13%. The stock faces bearish technical signals with recent earnings misses in Q4 2025 and Q1 2026, though Q3 2025 exceeded expectations. Revenue growth remains steady, reaching $75.05B in 2025, while net margins have compressed to 6.38%. Analyst sentiment is strongly positive with 57% buy ratings and a $614 consensus target, supported by recent contract wins and new product launches like the PAC-3 ACE interceptor.
LMT offers defensive exposure to elevated defense spending with a $194B backlog, but faces execution risks from margin pressure and debt levels. The stock trades at a premium 24.6x P/E with technical weakness near support at $504. Upside depends on Q2 earnings beat and defense budget sustainability amid geopolitical tensions.
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International Business Machines Corporation (IBM) provides computer solutions. The Company offers application, technology consulting and support, process design and operations, cloud, digital workplace, and network services, as well as business resiliency, strategy, and design solutions. IBM serves clients worldwide.
Read more on IBM →Lockheed Martin is the largest defense contractor globally and has dominated the Western market for high-end fighter aircraft since the F-35 program was awarded in 2001. Lockheed's largest segment is aeronautics, which is dominated by the massive F-35 program. Lockheed's remaining segments are rotary and mission systems, which is mainly the Sikorsky helicopter business.
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