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NYSE · Aerospace & Defense · USD

Northrop Grumman Corporation (NOC) Stock Analysis

Northrop Grumman Corporation (NOC) is a Aerospace & Defense stock listed on NYSE and quoted in US Dollar.

NOC

$514.98

−$13.26 (−2.51%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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NOC Key Statistics

As of Sep 4, 2026
Trading
Open
$525.56
Previous Close
$528.24
Day's Range
512.54–525.56
52-Week Range
479.02–774.00
Volume
912.20K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
−0.11
Valuation
Market Cap
$73.16B
P/E Ratio
16.78
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
16.92
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
3.50
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
1.71
EPS (ttm)Profit attributable to each share over the last twelve months.
30.69
Financials (FY)
Revenue (FY)
$41.95B+2.24%
Net Income (FY)
$4.18B+0.19%
Profit marginThe share of revenue left as profit after all costs and taxes.
10.48%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
142.06M
1-Year Return
−10.13%
Dividend and dates
Dividend
$9.88+1.87%
Ex-Dividend Date
August 31, 2026
Earnings Date
October 20, 2026
Avg Volume
881.93K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

NOC Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−9.00%
2025+23.61%
2024+1.93%
2023−12.79%
2022+43.02%
2021+29.29%
2020−9.92%
2019+42.69%
2018−18.95%
2017+33.88%
2016 (partial year)+8.49%

As of September 4, 2026.

NOC Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$41.95B$4.18B10.0%
2024$41.03B$4.17B10.2%
2023$39.29B$2.06B5.2%
2022$36.60B$4.90B13.4%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$41.95B$8.31B$4.28B$4.18B10.0%
2024$41.03B$8.36B$4.37B$4.17B10.2%
2023$39.29B$6.55B$2.54B$2.06B5.2%
2022$36.60B$7.47B$3.60B$4.90B13.4%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

NOC Dividend History

$8.99+11.7% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$7.253—
2025$8.994+11.7%
2024$8.054+9.7%
2023$7.344+8.6%
YearDividends per sharePaymentsChange
2026 (partial year)$7.253—
2025$8.994+11.7%
2024$8.054+9.7%
2023$7.344+8.6%
2022$6.764+9.7%
2021$6.164+8.6%
2020$5.674+9.9%
2019$5.164+9.8%
2018$4.704+20.5%
2017$3.904+333.3%
2016$0.901—

Most recent payment: $2.42 per share, ex-dividend August 31, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

NOC Valuation vs Aerospace & Defense Median

Median of 97 stocks
MetricNOCAerospace & Defense medianvs median
P/E16.7835.3553% below
P/S ratio1.713.9957% below
Profit margin10.48%2.24%8.2 pts above

Medians across 97 Aerospace & Defense stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values Northrop Grumman Corporation (NOC) at $73.16B. It is classified in the Aerospace & Defense industry, within the Industrials sector. The company reports 95,000 employees.

The 52-week range on file runs from $479.02 to $774.00. NOC last closed at $514.98 on September 4, 2026. That is −$13.26 (−2.51%) against the previous close. The latest close sits 7.51% above that 52-week low.

Financial Health

In fiscal 2025, Northrop Grumman Corporation reported revenue of $41.95B. Against the prior fiscal year total of $41.03B, that is a change of +2.24%. The same year closed with net income of $4.18B. That is +0.19% against the prior fiscal year. Profit margin runs at 10.48%. That is 8.2 percentage points above the Aerospace & Defense median of 2.24%. Trailing earnings per share are 30.69.

Across the 4 fiscal years on file, revenue moves from $36.60B in 2022 to $41.95B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 16.78. That is 52.53% below the Aerospace & Defense median of 35.35. The forward P/E on file is 16.92. The PEG ratio, which sets the P/E against expected earnings growth, reads 3.5. The price-to-sales ratio is 1.71. On price-to-sales that is 57.23% below the Aerospace & Defense median of 3.99. The medians here are taken across 97 Aerospace & Defense companies that report the metric.

Beta against the wider market is reported at −0.11. Annualized volatility over the trailing 10 years is 25.75%. The trailing one-year price return is −10.13%. Measured over 10 years, that is +10.94% a year compounded.

Growth & Income

The trailing dividend yield is 1.87%. That is 0.9 percentage points above the Aerospace & Defense median yield of 1%. The indicated annual rate is $9.88 a share. The ex-dividend date on file is August 31, 2026. Dividends are recorded for 11 calendar years; 2026 shows 3 payments totalling $7.25 a share. The year before, 2025, totalled $8.99 a share.

Across the complete calendar years on file, 2022 returned +43.02% and 2018 returned −18.95%. Of the 9 complete calendar years on file, 6 finished higher. 2026 is still running; the price is −9.00% year to date.

Peer Comparison

Northrop Grumman Corporation (NOC) operates in the Aerospace & Defense industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Northrop Grumman Corporation NOC $73.16B 16.8
Space Exploration Technologies Corp. SPCX $1.95T —
GE Aerospace GE $349.78B 39.8
RTX Corporation RTX $270.62B 35.4

The Aerospace & Defense industry average P/E ratio is 35.4x. Northrop Grumman Corporation trades at a P/E of 16.8.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About Northrop Grumman Corporation

Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. It operates through four segments: Aeronautics Systems, Defense Systems, Mission Systems and Space Systems. The Aeronautics Systems segment designs, develops, produces, integrates, sustains, and modernizes aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic, surveillance and reconnaissance systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems. Its Defense Systems segment designs, develops, integrates, and produces strategic deterrent systems, tactical weapons, and missile defense solutions; and provides sustainment, modernization, and training services for manned and unmanned aircraft and electronics systems. This segment also offers strategic missiles; integrated all-domain command and control systems; precision strike weapons; tactical solid rocket motors, and high-speed air-breathing and hypersonic systems; high-performance gun systems, ammunition, precision munitions, and advanced fuzes; and sustainment, operation, and modernization. The Mission Systems segment provides command, control, communication and computer, intelligence, surveillance, and reconnaissance systems; radar, electro-optical/infrared, and acoustic sensors; electronic warfare systems; advanced communications and network systems; microelectronics; navigation and positioning sensors; maritime power, propulsion, and payload launch systems; cyber solutions; and intelligence processing systems. Its Space Systems segment offers satellites, spacecraft systems, subsystems, sensors, and payloads; ground systems; missile defense systems and interceptors; and launch vehicles and related propulsion systems. The company was founded in 1939 and is based in Falls Church, Virginia.

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