Analyzing Cost of Revenue: Lockheed Martin vs. Global Payments

In the ever-evolving landscape of global business, understanding the cost of revenue is crucial for evaluating a company's financial health. Lockheed Martin Corporation, a titan in the aerospace and defense industry, and Global Payments Inc., a leader in payment technology services, offer a fascinating comparison. From 2014 to 2023, Lockheed Martin's cost of revenue consistently dwarfed that of Global Payments, peaking at approximately $59 billion in 2023, a 47% increase from 2014. In contrast, Global Payments saw a more volatile trajectory, with a notable surge of 265% from 2014 to 2020, before stabilizing around $3.7 billion. This disparity highlights the differing scales and operational demands of these industries. Notably, data for Global Payments in 2024 is missing, underscoring the importance of complete datasets for accurate analysis. Such insights are invaluable for investors and analysts seeking to navigate these complex markets.