Northrop Grumman Future Growth
Future criteria checks 2/6
Northrop Grumman is forecast to grow earnings and revenue by 12% and 4% per annum respectively. EPS is expected to grow by 14% per annum. Return on equity is forecast to be 24.9% in 3 years.
Key information
12.0%
Earnings growth rate
14.0%
EPS growth rate
| Aerospace & Defense earnings growth | 14.1% |
| Revenue growth rate | 4.0% |
| Future return on equity | 24.9% |
| Analyst coverage | Good |
| Last updated | 06 Nov 2024 |
Recent future growth updates
Recent updates
Northrop Grumman Could Offer Investors A Lucrative Return
Nov 08A Look At The Intrinsic Value Of Northrop Grumman Corporation (NYSE:NOC)
Oct 16
Northrop 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 17Is Northrop Grumman (NYSE:NOC) A Risky Investment?
Dec 05Northrop Grumman Is A Great Company, But Unfortunately Still A Hold
Dec 04Northrop Grumman: Near-Term Risks But Long-Term Growth
Nov 14Northrop Grumman Corporation's (NYSE:NOC) Intrinsic Value Is Potentially 30% Above Its Share Price
Nov 08Northrop Grumman: Buy Or Hold On Global Tensions?
Nov 01Returns On Capital At Northrop Grumman (NYSE:NOC) Have Stalled
Oct 12Northrop Grumman: Shares Up After Terrorist Attacks On Israel, Near Fair Value
Oct 09Northrop Grumman: My Favorite High-Tech Investment
Sep 10Northrop Grumman (NYSE:NOC) Takes On Some Risk With Its Use Of Debt
Aug 29Northrop Grumman: 4 Reasons To Buy This Leading Defense Contractor
Aug 21Estimating The Intrinsic Value Of Northrop Grumman Corporation (NYSE:NOC)
Jul 31Northrop Grumman: Strong Buy As It Sees A Path To Double Free Cash Flow
Jul 28Northrop Grumman Stock: A Realistic Approach
Jul 19The Trend Of High Returns At Northrop Grumman (NYSE:NOC) Has Us Very Interested
Jul 04Northrop Grumman: A Shareholder-Friendly Defense Stock
Jun 03Northrop Grumman's (NYSE:NOC) Dividend Will Be Increased To $1.87
May 23A Look At The Fair Value Of Northrop Grumman Corporation (NYSE:NOC)
May 02Northrop Grumman (NYSE:NOC) Is Investing Its Capital With Increasing Efficiency
Apr 03Northrop Grumman (NYSE:NOC) Takes On Some Risk With Its Use Of Debt
Mar 20Northrop Grumman: A Promising Investment Opportunity In The Defense Industry
Feb 12Northrop Grumman: Buy The Drop On This High Quality Stock
Feb 02Northrop Grumman Q4 2022 Earnings Preview
Jan 25Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 44,746 | 4,172 | 3,374 | 4,818 | 17 |
| 12/31/2025 | 42,779 | 4,012 | 3,060 | 4,568 | 20 |
| 12/31/2024 | 41,317 | 3,802 | 2,516 | 4,259 | 21 |
| 9/30/2024 | 40,985 | 2,375 | 2,486 | 4,240 | N/A |
| 6/30/2024 | 40,764 | 2,286 | 2,625 | 4,377 | N/A |
| 3/31/2024 | 40,122 | 2,158 | 2,135 | 3,871 | N/A |
| 12/31/2023 | 39,290 | 2,056 | 2,100 | 3,875 | N/A |
| 9/30/2023 | 38,685 | 4,671 | 2,092 | 3,696 | N/A |
| 6/30/2023 | 37,881 | 4,649 | 2,262 | 3,803 | N/A |
| 3/31/2023 | 37,106 | 4,783 | 1,187 | 2,687 | N/A |
| 12/31/2022 | 36,602 | 4,896 | 1,466 | 2,901 | N/A |
| 9/30/2022 | 35,208 | 5,526 | 556 | 2,092 | N/A |
| 6/30/2022 | 34,957 | 5,674 | 433 | 1,920 | N/A |
| 3/31/2022 | 35,307 | 5,765 | 1,691 | 3,145 | N/A |
| 12/31/2021 | 35,667 | 7,005 | 2,152 | 3,567 | N/A |
| 9/30/2021 | 37,240 | 4,625 | 2,453 | 3,727 | N/A |
| 6/30/2021 | 37,603 | 4,548 | 2,609 | 3,923 | N/A |
| 3/31/2021 | 37,336 | 4,516 | 3,879 | 5,232 | N/A |
| 12/31/2020 | 36,799 | 3,189 | 2,885 | 4,305 | N/A |
| 9/30/2020 | 35,308 | 2,450 | 3,868 | 5,167 | N/A |
| 6/30/2020 | 34,700 | 2,397 | 3,678 | 4,947 | N/A |
| 3/31/2020 | 34,272 | 2,253 | 2,965 | 4,217 | N/A |
| 12/31/2019 | 33,841 | 2,248 | 3,033 | 4,297 | N/A |
| 9/30/2019 | 33,276 | 3,013 | 2,954 | 4,210 | N/A |
| 6/30/2019 | 32,886 | 3,324 | 2,602 | 3,883 | N/A |
| 3/31/2019 | 31,549 | 3,252 | 1,923 | 3,151 | N/A |
| 12/31/2018 | 30,095 | 3,229 | 2,578 | 3,827 | N/A |
| 9/30/2018 | 28,491 | 3,894 | 1,993 | 3,057 | N/A |
| 6/30/2018 | 26,975 | 3,293 | N/A | 3,183 | N/A |
| 3/31/2018 | 26,329 | 3,059 | N/A | 2,815 | N/A |
| 12/31/2017 | 26,004 | 2,869 | N/A | 2,613 | N/A |
| 9/30/2017 | 25,849 | 2,373 | N/A | 2,537 | N/A |
| 6/30/2017 | 25,435 | 2,332 | N/A | 2,337 | N/A |
| 3/31/2017 | 24,962 | 2,294 | N/A | 2,434 | N/A |
| 12/31/2016 | 24,706 | 2,043 | N/A | 2,813 | N/A |
| 9/30/2016 | 23,805 | 2,134 | N/A | 2,915 | N/A |
| 6/30/2016 | 23,629 | 2,048 | N/A | 2,734 | N/A |
| 3/31/2016 | 23,525 | 2,062 | N/A | 2,756 | N/A |
| 12/31/2015 | 23,526 | 1,990 | N/A | 2,162 | N/A |
| 9/30/2015 | 23,940 | 2,037 | N/A | 2,019 | N/A |
| 6/30/2015 | 23,945 | 1,994 | N/A | 2,395 | N/A |
| 3/31/2015 | 24,088 | 1,974 | N/A | 2,341 | N/A |
| 12/31/2014 | 23,979 | 2,069 | N/A | 2,593 | N/A |
| 9/30/2014 | 24,028 | 2,041 | N/A | 2,307 | N/A |
| 6/30/2014 | 24,150 | 2,065 | N/A | 2,324 | N/A |
| 3/31/2014 | 24,405 | 2,042 | N/A | 2,080 | N/A |
| 12/31/2013 | 24,661 | 1,952 | N/A | 2,483 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NOC's forecast earnings growth (12% per year) is above the savings rate (2.6%).
Earnings vs Market: NOC's earnings (12% per year) are forecast to grow slower than the US market (15.3% per year).
High Growth Earnings: NOC's earnings are forecast to grow, but not significantly.
Revenue vs Market: NOC's revenue (4% per year) is forecast to grow slower than the US market (8.9% per year).
High Growth Revenue: NOC's revenue (4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NOC's Return on Equity is forecast to be high in 3 years time (24.9%)