NOC Stock Overview
Operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 5/6 |
My Notes
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Community Narratives
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Strong Backlog And Defense Funding Will Drive Future Aerospace Success
Northrop Grumman Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$467.20 |
| 52 Week High | US$555.57 |
| 52 Week Low | US$418.60 |
| Beta | 0.33 |
| 1 Month Change | -5.97% |
| 3 Month Change | -11.83% |
| 1 Year Change | 0.88% |
| 3 Year Change | 21.60% |
| 5 Year Change | 33.84% |
| Change since IPO | 19,687.30% |
Recent News & Updates
Northrop Grumman: Double-Digit Free Cash Flow And Why I Am Buying More
Dec 12Northrop Grumman Corporation's (NYSE:NOC) Earnings Haven't Escaped The Attention Of Investors
Dec 09
Recent updates
Northrop Grumman: Double-Digit Free Cash Flow And Why I Am Buying More
Dec 12Northrop Grumman Corporation's (NYSE:NOC) Earnings Haven't Escaped The Attention Of Investors
Dec 09Northrop Grumman Could Offer Investors A Lucrative Return
Nov 08A Look At The Intrinsic Value Of Northrop Grumman Corporation (NYSE:NOC)
Oct 16Northrop Grumman: A High-Flying Defense Stock For Total Return Investors
Oct 13Northrop Grumman Doesn't Need War To Be A Great Investment
Oct 03Northrop Grumman (NYSE:NOC) Has A Somewhat Strained Balance Sheet
Oct 01Growing Cash Flows, Strong Defense Demand Position Northrop Grumman For Long-Term Success
Sep 01Northrop Grumman's (NYSE:NOC) Returns On Capital Not Reflecting Well On The Business
Aug 31Northrop Grumman Q2 Preview: The Wait For Growth Catalysts Continues
Jul 22Investors Interested In Northrop Grumman Corporation's (NYSE:NOC) Earnings
Jul 11These 4 Measures Indicate That Northrop Grumman (NYSE:NOC) Is Using Debt Extensively
Jun 24Northrop Grumman: Why It's A Buy Despite Weakening Margins And Recent Setbacks
Jun 14Estimating The Fair Value Of Northrop Grumman Corporation (NYSE:NOC)
Jun 09Undervalued And Misunderstood: Why Northrop Grumman Is A High-Conviction Buy
May 31Northrop Grumman (NYSE:NOC) May Have Issues Allocating Its Capital
May 22Why Has Northrop Grumman Stock Underperformed?
May 07Northrop Grumman Corporation Just Recorded A 9.6% EPS Beat: Here's What Analysts Are Forecasting Next
Apr 27Northrop Grumman May Take The Year Off To Navigate Headwinds
Apr 04Undervalued And Underestimated: Why Northrop Grumman Is A Buy
Mar 27Does Northrop Grumman (NYSE:NOC) Have A Healthy Balance Sheet?
Mar 12Market Participants Recognise Northrop Grumman Corporation's (NYSE:NOC) Earnings
Feb 23Northrop Grumman Corporation (NYSE:NOC) Shares Could Be 33% Below Their Intrinsic Value Estimate
Feb 09Seizing The Moment: Why I Just Bought Even More Northrop Grumman
Jan 27Returns On Capital At Northrop Grumman (NYSE:NOC) Have Stalled
Jan 14Northrop Grumman: A Worthy Investment
Jan 12Northrop Grumman - Why I Remain So Very Bullish
Dec 17Northrop Grumman Is A Great Company, But Unfortunately Still A Hold
Dec 04Northrop Grumman: Near-Term Risks But Long-Term Growth
Nov 14Northrop Grumman: Buy Or Hold On Global Tensions?
Nov 01Northrop Grumman: Shares Up After Terrorist Attacks On Israel, Near Fair Value
Oct 09Northrop Grumman: My Favorite High-Tech Investment
Sep 10Northrop Grumman: 4 Reasons To Buy This Leading Defense Contractor
Aug 21Northrop Grumman: Strong Buy As It Sees A Path To Double Free Cash Flow
Jul 28Northrop Grumman Stock: A Realistic Approach
Jul 19Northrop Grumman: A Shareholder-Friendly Defense Stock
Jun 03Shareholder Returns
| NOC | US Aerospace & Defense | US Market | |
|---|---|---|---|
| 7D | -3.2% | -1.7% | -2.7% |
| 1Y | 0.9% | 26.8% | 23.4% |
Return vs Industry: NOC underperformed the US Aerospace & Defense industry which returned 26.8% over the past year.
Return vs Market: NOC underperformed the US Market which returned 23.4% over the past year.
Price Volatility
| NOC volatility | |
|---|---|
| NOC Average Weekly Movement | 2.5% |
| Aerospace & Defense Industry Average Movement | 7.0% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.9% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: NOC has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: NOC's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1939 | 101,000 | Kathy Warden | www.northropgrumman.com |
Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. The company’s Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems. 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
| NOC fundamental statistics | |
|---|---|
| Market cap | US$68.41b |
| Earnings (TTM) | US$2.38b |
| Revenue (TTM) | US$40.99b |
28.7x
P/E Ratio1.7x
P/S RatioIs NOC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NOC income statement (TTM) | |
|---|---|
| Revenue | US$40.99b |
| Cost of Revenue | US$34.07b |
| Gross Profit | US$6.92b |
| Other Expenses | US$4.54b |
| Earnings | US$2.38b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Jan 30, 2025
| Earnings per share (EPS) | 16.30 |
| Gross Margin | 16.87% |
| Net Profit Margin | 5.79% |
| Debt/Equity Ratio | 110.4% |
How did NOC perform over the long term?
See historical performance and comparisonDividends
1.8%
Current Dividend Yield49%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 00:17 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Northrop Grumman Corporation is covered by 46 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Eade | Argus Research Company |
| Peter Arment | Baird |
| Ishan Majumdar | Baptista Research |