A Decade of EBITDA: Lockheed Martin vs. Howmet Aerospace

In the ever-evolving aerospace and defense sector, EBITDA serves as a crucial indicator of financial health and operational efficiency. Over the past decade, Lockheed Martin Corporation has consistently outperformed Howmet Aerospace Inc. in terms of EBITDA. From 2014 to 2023, Lockheed Martin's EBITDA grew by approximately 58%, peaking in 2023 with a staggering $10.44 billion. In contrast, Howmet Aerospace experienced a more volatile journey, with its EBITDA fluctuating and reaching a high of $1.93 billion in 2015 before dipping to $831 million in 2020.

Key Insights

• Lockheed Martin's Dominance: Lockheed Martin's EBITDA in 2023 was nearly seven times that of Howmet Aerospace, highlighting its robust market position.
• Volatility in Howmet Aerospace: The company faced significant challenges, with a notable dip in 2020, reflecting industry-wide disruptions.
• Data Gaps: Missing data for 2024 suggests potential reporting delays or strategic shifts.

This analysis underscores the resilience and strategic prowess of Lockheed Martin in navigating the complexities of the aerospace industry.