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Northrop Grumman NYSE:NOC Stock Report

Last Price

US$521.27

Market Cap

US$76.0b

7D

-0.6%

1Y

18.3%

Updated

16 Sep, 2024

Data

Company Financials +

Northrop Grumman Corporation

NYSE:NOC Stock Report

Market Cap: US$76.0b

NOC Stock Overview

Operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally.

About the company

NOC fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance2/6
Financial Health4/6
Dividends5/6

Rewards

Trading at 27.4% below our estimate of its fair value
Earnings are forecast to grow 12.66% per year
Pays a reliable dividend of 1.58%

Risk Analysis

Has a high level of debt
Profit margins (5.6%) are lower than last year (12.3%)

Community Narratives

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Narratives bring a range of perspectives from our community.

WA
WarrenAI
Based on Analyst Price Targets

Charting A Bullish Future, Growth, Innovation, And Resilience In Aerospace & Defense

US$501.27
FV
4.0% overvalued intrinsic discount
3.94%
Revenue growth p.a.
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9 days agoauthor updated this narrative

Northrop Grumman Corporation Competitors

General Dynamics

NYSE:GD

US$83.6b

TransDigm Group

NYSE:TDG

US$76.7b

L3Harris Technologies

NYSE:LHX

US$43.6b

Lockheed Martin

NYSE:LMT

US$135.8b

Price History & Performance

Summary of all time highs, changes and price drops for Northrop Grumman
Historical stock prices
Current Share PriceUS$521.27
52 Week HighUS$528.76
52 Week LowUS$414.56
Beta0.34
11 Month Change2.88%
3 Month Change22.41%
1 Year Change18.33%
33 Year Change49.44%
5 Year Change41.22%
Change since IPO21,977.32%

Recent News & Updates

Growing Cash Flows, Strong Defense Demand Position Northrop Grumman For Long-Term Success

Sep 01

Northrop Grumman's (NYSE:NOC) Returns On Capital Not Reflecting Well On The Business

Aug 31
Northrop Grumman's (NYSE:NOC) Returns On Capital Not Reflecting Well On The Business

Northrop Grumman Q2 Preview: The Wait For Growth Catalysts Continues

Jul 22

Recent updates

Growing Cash Flows, Strong Defense Demand Position Northrop Grumman For Long-Term Success

Sep 01

Northrop Grumman's (NYSE:NOC) Returns On Capital Not Reflecting Well On The Business

Aug 31
Northrop Grumman's (NYSE:NOC) Returns On Capital Not Reflecting Well On The Business

Northrop Grumman Q2 Preview: The Wait For Growth Catalysts Continues

Jul 22

Investors Interested In Northrop Grumman Corporation's (NYSE:NOC) Earnings

Jul 11
Investors Interested In Northrop Grumman Corporation's (NYSE:NOC) Earnings

These 4 Measures Indicate That Northrop Grumman (NYSE:NOC) Is Using Debt Extensively

Jun 24
These 4 Measures Indicate That Northrop Grumman (NYSE:NOC) Is Using Debt Extensively

Northrop Grumman: Why It's A Buy Despite Weakening Margins And Recent Setbacks

Jun 14

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

Jun 09
Estimating The Fair Value Of Northrop Grumman Corporation (NYSE:NOC)

Undervalued And Misunderstood: Why Northrop Grumman Is A High-Conviction Buy

May 31

Northrop Grumman (NYSE:NOC) May Have Issues Allocating Its Capital

May 22
Northrop Grumman (NYSE:NOC) May Have Issues Allocating Its Capital

Why Has Northrop Grumman Stock Underperformed?

May 07

Northrop Grumman Corporation Just Recorded A 9.6% EPS Beat: Here's What Analysts Are Forecasting Next

Apr 27
Northrop Grumman Corporation Just Recorded A 9.6% EPS Beat: Here's What Analysts Are Forecasting Next

Northrop Grumman May Take The Year Off To Navigate Headwinds

Apr 04

Undervalued And Underestimated: Why Northrop Grumman Is A Buy

Mar 27

Does Northrop Grumman (NYSE:NOC) Have A Healthy Balance Sheet?

Mar 12
Does Northrop Grumman (NYSE:NOC) Have A Healthy Balance Sheet?

Market Participants Recognise Northrop Grumman Corporation's (NYSE:NOC) Earnings

Feb 23
Market Participants Recognise Northrop Grumman Corporation's (NYSE:NOC) Earnings

Northrop Grumman Corporation (NYSE:NOC) Shares Could Be 33% Below Their Intrinsic Value Estimate

Feb 09
Northrop Grumman Corporation (NYSE:NOC) Shares Could Be 33% Below Their Intrinsic Value Estimate

Seizing The Moment: Why I Just Bought Even More Northrop Grumman

Jan 27

Returns On Capital At Northrop Grumman (NYSE:NOC) Have Stalled

Jan 14
Returns On Capital At Northrop Grumman (NYSE:NOC) Have Stalled

Northrop Grumman: A Worthy Investment

Jan 12

Northrop Grumman - Why I Remain So Very Bullish

Dec 17

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

Dec 05
Is Northrop Grumman (NYSE:NOC) A Risky Investment?

Northrop Grumman Is A Great Company, But Unfortunately Still A Hold

Dec 04

Northrop Grumman: Near-Term Risks But Long-Term Growth

Nov 14

Northrop Grumman Corporation's (NYSE:NOC) Intrinsic Value Is Potentially 30% Above Its Share Price

Nov 08
Northrop Grumman Corporation's (NYSE:NOC) Intrinsic Value Is Potentially 30% Above Its Share Price

Northrop Grumman: Buy Or Hold On Global Tensions?

Nov 01

Returns On Capital At Northrop Grumman (NYSE:NOC) Have Stalled

Oct 12
Returns On Capital At Northrop Grumman (NYSE:NOC) Have Stalled

Northrop Grumman: Shares Up After Terrorist Attacks On Israel, Near Fair Value

Oct 09

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

Shareholder Returns

NOCUS Aerospace & DefenseUS Market
7D-0.6%2.4%3.0%
1Y18.3%42.8%24.6%

Return vs Industry: NOC underperformed the US Aerospace & Defense industry which returned 42.8% over the past year.

Return vs Market: NOC underperformed the US Market which returned 24.6% 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 Movement6.6%
Market Average Movement6.4%
10% most volatile stocks in US Market15.3%
10% least volatile stocks in US Market3.1%

Stable Share Price: NOC has not had significant price volatility in the past 3 months.

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

About the Company

FoundedEmployeesCEOWebsite
1939101,000Kathy Wardenwww.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

How do Northrop Grumman's earnings and revenue compare to its market cap?
NOC fundamental statistics
Market capUS$76.02b
Earnings (TTM)US$2.29b
Revenue (TTM)US$40.76b

33.3x

P/E Ratio

1.9x

P/S Ratio

Is NOC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NOC income statement (TTM)
RevenueUS$40.76b
Cost of RevenueUS$33.91b
Gross ProfitUS$6.85b
Other ExpensesUS$4.56b
EarningsUS$2.29b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)15.63
Gross Margin16.80%
Net Profit Margin5.61%
Debt/Equity Ratio114.0%

How did NOC perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

50%

Payout Ratio