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NOC

Northrop Grumman NYSE:NOC Stock Report

Last Price

US$440.19

Market Cap

US$66.5b

7D

3.6%

1Y

-6.4%

Updated

29 Sep, 2023

Data

Company Financials +

Northrop Grumman Corporation

NYSE:NOC Stock Report

Mkt Cap: US$66.5b

NOC Stock Overview

Northrop Grumman Corporation operates as an aerospace and defense company worldwide.

NOC fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance2/6
Financial Health4/6
Dividends5/6

Northrop Grumman Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Northrop Grumman
Historical stock prices
Current Share PriceUS$440.19
52 Week HighUS$556.27
52 Week LowUS$416.71
Beta0.51
1 Month Change1.24%
3 Month Change-3.42%
1 Year Change-6.41%
3 Year Change40.21%
5 Year Change37.41%
Change since IPO4,791.00%

Recent News & Updates

Northrop Grumman: My Favorite High-Tech Investment

Sep 10

Northrop Grumman (NYSE:NOC) Takes On Some Risk With Its Use Of Debt

Aug 29
Northrop Grumman (NYSE:NOC) Takes On Some Risk With Its Use Of Debt

Recent updates

Northrop Grumman: My Favorite High-Tech Investment

Sep 10

Northrop Grumman (NYSE:NOC) Takes On Some Risk With Its Use Of Debt

Aug 29
Northrop Grumman (NYSE:NOC) Takes On Some Risk With Its Use Of Debt

Northrop Grumman: 4 Reasons To Buy This Leading Defense Contractor

Aug 21

Estimating The Intrinsic Value Of Northrop Grumman Corporation (NYSE:NOC)

Jul 31
Estimating The Intrinsic Value Of Northrop Grumman Corporation (NYSE:NOC)

Northrop Grumman: Strong Buy As It Sees A Path To Double Free Cash Flow

Jul 28

Northrop Grumman Stock: A Realistic Approach

Jul 19

The Trend Of High Returns At Northrop Grumman (NYSE:NOC) Has Us Very Interested

Jul 04
The Trend Of High Returns At Northrop Grumman (NYSE:NOC) Has Us Very Interested

Northrop Grumman: A Shareholder-Friendly Defense Stock

Jun 03

Northrop Grumman's (NYSE:NOC) Dividend Will Be Increased To $1.87

May 23
Northrop Grumman's (NYSE:NOC) Dividend Will Be Increased To $1.87

A Look At The Fair Value Of Northrop Grumman Corporation (NYSE:NOC)

May 02
A Look At The Fair Value Of Northrop Grumman Corporation (NYSE:NOC)

Northrop Grumman (NYSE:NOC) Is Investing Its Capital With Increasing Efficiency

Apr 03
Northrop Grumman (NYSE:NOC) Is Investing Its Capital With Increasing Efficiency

Northrop Grumman (NYSE:NOC) Takes On Some Risk With Its Use Of Debt

Mar 20
Northrop Grumman (NYSE:NOC) Takes On Some Risk With Its Use Of Debt

Northrop Grumman: A Promising Investment Opportunity In The Defense Industry

Feb 12

Northrop Grumman: Buy The Drop On This High Quality Stock

Feb 02

Northrop Grumman Q4 2022 Earnings Preview

Jan 25

An Intrinsic Calculation For Northrop Grumman Corporation (NYSE:NOC) Suggests It's 24% Undervalued

Jan 19
An Intrinsic Calculation For Northrop Grumman Corporation (NYSE:NOC) Suggests It's 24% Undervalued

Northrop Grumman Systems bags $464M Air Force contract

Jan 11

With EPS Growth And More, Northrop Grumman (NYSE:NOC) Makes An Interesting Case

Jan 07
With EPS Growth And More, Northrop Grumman (NYSE:NOC) Makes An Interesting Case

Northrop Grumman: Buy The Next Correction

Jan 02

Is Northrop Grumman (NYSE:NOC) A Risky Investment?

Dec 14
Is Northrop Grumman (NYSE:NOC) A Risky Investment?

Why The 23% Return On Capital At Northrop Grumman (NYSE:NOC) Should Have Your Attention

Dec 02
Why The 23% Return On Capital At Northrop Grumman (NYSE:NOC) Should Have Your Attention

LRT Capital - Northrop Grumman: Stable Mid-Teens Returns On Invested Capital

Nov 09

Northrop Grumman Q3 2022 Earnings Preview

Oct 26

Are Investors Undervaluing Northrop Grumman Corporation (NYSE:NOC) By 35%?

Oct 17
Are Investors Undervaluing Northrop Grumman Corporation (NYSE:NOC) By 35%?

Northrop Grumman Systems awarded $69.82M modification contract

Oct 04

Here's Why We Think Northrop Grumman (NYSE:NOC) Is Well Worth Watching

Sep 04
Here's Why We Think Northrop Grumman (NYSE:NOC) Is Well Worth Watching

Northrop Grumman declares $1.73 dividend

Aug 17

Is Northrop Grumman (NYSE:NOC) A Risky Investment?

Aug 15
Is Northrop Grumman (NYSE:NOC) A Risky Investment?

Why I Doubled My Northrop Grumman Investment

Aug 10

Northrop Grumman Systems received a $533.9M contract for artillery

Jul 28

Solstar Space WAP to enable communications aboard NASA's HALO module

Jul 19

Northrop Grumman Corporation (NYSE:NOC) Shares Could Be 35% Below Their Intrinsic Value Estimate

Jul 04
Northrop Grumman Corporation (NYSE:NOC) Shares Could Be 35% Below Their Intrinsic Value Estimate

Northrop Grumman Systems inks $337.94M Navy contract

Jul 01

Northrop Grumman Total Return Defeating Industry, Sector, And Market

Jun 15

Northrop Grumman's (NYSE:NOC) Shareholders Will Receive A Bigger Dividend Than Last Year

May 21
Northrop Grumman's (NYSE:NOC) Shareholders Will Receive A Bigger Dividend Than Last Year

I Ran A Stock Scan For Earnings Growth And Northrop Grumman (NYSE:NOC) Passed With Ease

May 13
I Ran A Stock Scan For Earnings Growth And Northrop Grumman (NYSE:NOC) Passed With Ease

LRT Capital - Northrop Grumman: In A Cozy Oligopoly

May 06

Here's Why Northrop Grumman (NYSE:NOC) Can Manage Its Debt Responsibly

Apr 29
Here's Why Northrop Grumman (NYSE:NOC) Can Manage Its Debt Responsibly

Inflation Protection And Wealth Generation? Buy Northrop

Apr 22

A Look At The Fair Value Of Northrop Grumman Corporation (NYSE:NOC)

Mar 18
A Look At The Fair Value Of Northrop Grumman Corporation (NYSE:NOC)

Northrop Grumman - One Of My Favorite Dividend Investments

Mar 15

Shareholder Returns

NOCUS Aerospace & DefenseUS Market
7D3.6%0.7%-0.4%
1Y-6.4%3.2%17.6%

Return vs Industry: NOC underperformed the US Aerospace & Defense industry which returned 2.7% over the past year.

Return vs Market: NOC underperformed the US Market which returned 16.4% over the past year.

Price Volatility

Is NOC's price volatile compared to industry and market?
NOC volatility
NOC Average Weekly Movement2.5%
Aerospace & Defense Industry Average Movement4.4%
Market Average Movement5.5%
10% most volatile stocks in US Market14.1%
10% least volatile stocks in US Market2.5%

Stable Share Price: NOC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: NOC's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
193995,000Kathy Wardenhttps://www.northropgrumman.com

Northrop Grumman Corporation operates as an aerospace and defense company worldwide. The company’s Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems in the United States and internationally. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic ISR systems and vertical take-off and landing tactical ISR systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems.

Northrop Grumman Corporation Fundamentals Summary

How do Northrop Grumman's earnings and revenue compare to its market cap?
NOC fundamental statistics
Market CapUS$66.50b
Earnings (TTM)US$4.65b
Revenue (TTM)US$37.88b

14.3x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NOC income statement (TTM)
RevenueUS$37.88b
Cost of RevenueUS$30.21b
Gross ProfitUS$7.67b
Other ExpensesUS$3.02b
EarningsUS$4.65b

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

Oct 26, 2023

Earnings per share (EPS)30.73
Gross Margin20.24%
Net Profit Margin12.27%
Debt/Equity Ratio101.2%

How did NOC perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

23%

Payout Ratio