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Northrop Grumman NYSE:NOC Stock Report

Last Price

US$478.66

Market Cap

US$71.6b

7D

2.4%

1Y

3.8%

Updated

28 Mar, 2024

Data

Company Financials +

Northrop Grumman Corporation

NYSE:NOC Stock Report

Market Cap: US$71.6b

NOC Stock Overview

Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally.

NOC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
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$478.66
52 Week HighUS$496.89
52 Week LowUS$414.56
Beta0.34
1 Month Change4.43%
3 Month Change2.25%
1 Year Change3.84%
3 Year Change48.54%
5 Year Change76.62%
Change since IPO20,172.66%

Recent News & Updates

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

Recent updates

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

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

Shareholder Returns

NOCUS Aerospace & DefenseUS Market
7D2.4%1.7%0.2%
1Y3.8%11.7%28.1%

Return vs Industry: NOC underperformed the US Aerospace & Defense industry which returned 11.7% over the past year.

Return vs Market: NOC underperformed the US Market which returned 28.1% over the past year.

Price Volatility

Is NOC's price volatile compared to industry and market?
NOC volatility
NOC Average Weekly Movement2.6%
Aerospace & Defense Industry Average Movement5.3%
Market Average Movement6.1%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

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 Wardenhttps://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

How do Northrop Grumman's earnings and revenue compare to its market cap?
NOC fundamental statistics
Market capUS$71.62b
Earnings (TTM)US$2.06b
Revenue (TTM)US$39.29b

34.9x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NOC income statement (TTM)
RevenueUS$39.29b
Cost of RevenueUS$32.74b
Gross ProfitUS$6.55b
Other ExpensesUS$4.50b
EarningsUS$2.06b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 25, 2024

Earnings per share (EPS)13.70
Gross Margin16.67%
Net Profit Margin5.23%
Debt/Equity Ratio93.7%

How did NOC perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

54%

Payout Ratio
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