Annual Revenue Comparison: Lockheed Martin Corporation vs Ferguson plc

A Decade of Revenue Growth: Lockheed Martin vs Ferguson

In the ever-evolving landscape of global business, Lockheed Martin Corporation and Ferguson plc stand as titans in their respective industries. Over the past decade, from 2014 to 2024, these companies have demonstrated remarkable revenue trajectories. Lockheed Martin, a leader in aerospace and defense, has seen its annual revenue soar by approximately 56%, reaching a peak of $71 billion in 2024. This growth underscores its strategic prowess in securing defense contracts and expanding its technological capabilities.

Meanwhile, Ferguson plc, a major player in the plumbing and heating sector, has experienced a steady revenue increase of around 34% over the same period, culminating in nearly $30 billion in 2024. This growth reflects its successful expansion into new markets and its ability to adapt to changing consumer demands. As these companies continue to innovate, their financial performance offers valuable insights into the dynamics of their industries.