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Lockheed Martin Corporation

Lockheed Martin Corporation (LMT)

Industrials

Year
A/P
2013
Actual
2014
Actual
2015
Actual
2016
Actual
2017
Actual
2018
Actual
2019
Projected
2020
Projected
2021
Projected
2022
Projected
2023
Projected
Revenue 45,358.0039,946.7940,538.0047,291.6349,963.6153,765.8455,857.3358,030.1860,287.5662,632.7465,069.16
EBITDA 5,524.606,371.516,246.918,143.627,164.787,667.018,317.168,640.698,976.829,326.029,688.80
EBIT 4,535.805,376.845,221.296,928.225,970.656,505.676,982.177,253.777,535.947,829.098,133.64
Tax Rate 28.79%28.27%24.55%17.44%63.09%13.57%29.28%29.28%29.28%29.28%29.28%
EBIAT 3,230.113,857.063,939.475,719.712,203.495,623.094,937.495,129.565,329.105,536.405,751.76
Depreciation 988.80994.681,025.611,215.401,194.131,161.341,334.991,386.921,440.871,496.921,555.15
Accounts Receivable --43.13-1,376.08-948.125,937.02-182.99-4,245.36-260.31-270.43-280.95-291.88
Inventories -171.22-2,015.70152.281,789.78-116.85-1,350.94-169.05-175.62-182.46-189.55
Accounts Payable --408.921,109.89-20.75-6,958.44934.405,187.68295.29306.78318.71331.11
Capital Expenditure -12.2893.61123.58115.08100.49-45.1848.0249.8951.8353.84
UFCF 4,218.914,583.192,776.806,242.104,281.067,519.475,818.676,430.436,680.586,940.457,210.43
WACC
PV UFCF 5,818.676,430.436,680.586,940.457,210.43
SUM PV UFCF 62,702.10