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Northrop Grumman Corporation

$518.97 -$66.69 (-11.39%)
NYSE · 11 Sep 2026 20:00 UTC
Previous Close
$518.95
Day Range
$515.25$523.01
Year Range
$479.02$774
Market Cap
73.73B
AVG Volume
887.54K
Trailing/Forward PE
16.45/17.04
PEG ratio
3.14
Dividend Yield
1.84%
Next Earnings Date
2026-10-20
Primary Exchange
New York Stock ExchangeUS
Revenue (USD)
020B40B60B2016201720182019202020212022202320242025
NOC Revenue (USD) by year
PeriodRevenue (USD)
202541.95B
202441.03B
202339.29B
202236.6B
202135.67B
202036.8B
201933.84B
201830.09B
201725.8B
201624.51B
Net Income (USD)
02B4B6B8B2016201720182019202020212022202320242025
NOC Net Income (USD) by year
PeriodNet Income (USD)
20254.18B
20244.17B
20232.06B
20224.9B
20217B
20203.19B
20192.25B
20183.23B
20172.02B
20162.2B
Operating Income (USD)
02B4B6B2016201720182019202020212022202320242025
NOC Operating Income (USD) by year
PeriodOperating Income (USD)
20254.28B
20244.37B
20232.54B
20223.6B
20215.65B
20204.07B
20193.97B
20183.78B
20173.3B
20163.19B
EBITDA (USD)
02.5B5B7.5B10B2016201720182019202020212022202320242025
NOC EBITDA (USD) by year
PeriodEBITDA (USD)
20257.21B
20246.93B
20234.23B
20227.68B
20218.77B
20205.59B
20194.15B
20185.35B
20173.88B
20163.66B
Cash Flows (USD)
01B2B3B4B2016201720182019202020212022202320242025
NOC Cash Flows (USD) by year
PeriodCash Flows (USD)
20253.31B
20242.62B
20232.1B
20221.47B
20212.15B
20202.88B
20193.03B
20182.58B
20171.69B
20161.89B
EPS (USD)
02040602016201720182019202020212022202320242025
NOC EPS (USD) by year
PeriodEPS (USD)
202529.13
202428.34
202313.48
202231.51
202143.38
202019.03
201913.17
201819.68
201711.53
201612.23
Expenses (USD)
02B4B6B8BR&DSG&ACapex2016201720182019202020212022202320242025
NOC Expenses (USD) by year
PeriodExpenses (USD)
20255.08B
20245.76B
20236.88B
20225.15B
20215.02B
20205.77B
20196.51B
20184.63B
20174.28B
20164.21B
Cash & Debt (USD)
05B10B15B20BCashLong Term DebtShort Term Debt2016201720182019202020212022202320242025
NOC Cash & Debt (USD) by year
PeriodCash & Debt (USD)
20254.4B
20244.35B
20233.11B
20222.58B
20213.53B
20204.91B
20192.25B
20181.58B
201711.22B
20162.54B
Debt ratios
00.250.50.75120182019202020212022202320242025
NOC Debt ratios by year
PeriodDebt ratios
20250.59
20240.57
20230.56
20220.54
20210.53
20200.69
20190.86
20180.78
Margins
0%10%20%30%2016201720182019202020212022202320242025
NOC Margins by year
PeriodMargins
202519.81%
202420.38%
202316.67%
202220.42%
202120.38%
202020.32%
201921.45%
201822.57%
201723.07%
201623.57%
Return on Capital
0%20%40%60%2016201720182019202020212022202320242025
NOC Return on Capital by year
PeriodReturn on Capital
202525.08%
202427.3%
202313.9%
202231.97%
202154.19%
202030.14%
201925.49%
201839.44%
201728.59%
201641.83%
Shares Outstanding
050M100M150M200M2016201720182019202020212022202320242025
NOC Shares Outstanding by year
PeriodShares Outstanding
2025142.9M
2024147M
2023151.1M
2022153.16M
2021159.8M
2020166.8M
2019167.7M
2018170M
2017174.1M
2016174.8M
Dividends (USD)
02.557.5102017201820192020202120222023202420252026
NOC Dividends (USD) by year
PeriodDividends (USD)
20267.25
20258.99
20248.05
20237.34
20226.76
20216.16
20205.67
20195.16
20184.7
20173.9
Employee Count
050K100K150K2016201720182019202020212022202320242025
NOC Employee Count by year
PeriodEmployee Count
202595K
202497K
2023101K
202295K
202188K
202097K
201990K
201885K
201770K
201667K
Book Value Per Share (USD)
0501001502016201720182019202020212022202320242025
NOC Book Value Per Share (USD) by year
PeriodBook Value Per Share (USD)
2025116.68
2024104.01
202397.92
202299.98
202180.89
202063.42
201952.59
201848.16
201740.48
201630.09
Total Assets (USD)
020B40B60B2016201720182019202020212022202320242025
NOC Total Assets (USD) by year
PeriodTotal Assets (USD)
202551.38B
202449.36B
202346.54B
202243.76B
202142.58B
202044.47B
201941.09B
201837.65B
201734.92B
201625.61B
PE Ratio
1520253035med 20.24Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
NOC PE Ratio by year
PeriodPE Ratio
Sep 2616.4
Sep 2616.28
Aug 2617.24
Aug 2617.42
Aug 2618.52
Aug 2618.07
Jul 2617.15
Jul 2617.14
Jul 2616.2
Jul 2616.76
Jul 2617.05
Jun 2615.53
Jun 2616.19
Jun 2617.09
Jun 2616.91
May 2617.5
May 2617.25
May 2616.79
May 2617.06
May 2617.64
Apr 2617.86
Apr 2622.73
Apr 2623.02
Apr 2624
Mar 2623.2
Mar 2624.16
Mar 2625.07
Mar 2625.84
Feb 2624.75
Feb 2624.72
Feb 2624.01
Feb 2624.23
Jan 2623.65
Jan 2623.96
Jan 2623.75
Jan 2622.03
Jan 2620.85
Dec 2520.56
Dec 2520.24
Dec 2520.29
Dec 2519.55
Nov 2520.38
Nov 2520.18
Nov 2519.87
Nov 2520.25
Oct 2520.77
Oct 2521.56
Oct 2521.66
Oct 2522.71
Oct 2522.2
Sep 2521.66
Sep 2520.87
Sep 2520.98
Sep 2521.16
Aug 2521.49
Aug 2521.58
Aug 2521.27
Aug 2521.17
Aug 2521.36
Jul 2520.75
Jul 2520.22
Jul 2520.05
Jul 2519.65
Jun 2519.25
Jun 2519.39
Jun 2520.13
Jun 2519.07
May 2518.89
May 2518.37
May 2518.44
May 2518.81
May 2519.15
Apr 2518.44
Apr 2519.03
Apr 2518.81
Apr 2517.1
Mar 2518.04
Mar 2517.28
Mar 2517.08
Mar 2517.13
Feb 2516.26
Feb 2515.78
Feb 2515.46
Feb 2516.5
Jan 2517.16
Jan 2530.6
Jan 2529.69
Jan 2528.24
Jan 2528.8
Dec 2429.02
Dec 2428.9
Dec 2429.55
Dec 2429.16
Nov 2430.14
Nov 2430.59
Nov 2430.41
Nov 2432.56
Nov 2431.21
Oct 2431.97
Oct 2434.25
Free Cash Flow Yield
1%2%3%4%5%med 3.3%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
NOC Free Cash Flow Yield by year
PeriodFree Cash Flow Yield
Sep 264.94%
Sep 264.98%
Aug 264.7%
Aug 264.66%
Aug 264.38%
Aug 264.49%
Jul 264.73%
Jul 264.73%
Jul 264.46%
Jul 264.31%
Jul 264.24%
Jun 264.65%
Jun 264.46%
Jun 264.23%
Jun 264.27%
May 264.13%
May 264.19%
May 264.3%
May 264.23%
May 264.09%
Apr 264.04%
Apr 263.48%
Apr 263.43%
Apr 263.29%
Mar 263.41%
Mar 263.27%
Mar 263.15%
Mar 263.06%
Feb 263.19%
Feb 263.2%
Feb 263.29%
Feb 263.26%
Jan 263.34%
Jan 261.9%
Jan 261.92%
Jan 262.07%
Jan 262.19%
Dec 252.22%
Dec 252.25%
Dec 252.25%
Dec 252.33%
Nov 252.24%
Nov 252.26%
Nov 252.3%
Nov 252.25%
Oct 252.2%
Oct 252.12%
Oct 251.53%
Oct 251.46%
Oct 251.49%
Sep 251.53%
Sep 251.59%
Sep 251.58%
Sep 251.57%
Aug 251.54%
Aug 251.54%
Aug 251.56%
Aug 251.57%
Aug 251.55%
Jul 251.6%
Jul 252.37%
Jul 252.39%
Jul 252.44%
Jun 252.49%
Jun 252.47%
Jun 252.38%
Jun 252.51%
May 252.53%
May 252.61%
May 252.6%
May 252.54%
May 252.5%
Apr 252.6%
Apr 253.3%
Apr 253.34%
Apr 253.67%
Mar 253.48%
Mar 253.63%
Mar 253.68%
Mar 253.66%
Feb 253.86%
Feb 253.98%
Feb 254.06%
Feb 253.81%
Jan 253.66%
Jan 253.42%
Jan 253.53%
Jan 253.71%
Jan 253.63%
Dec 243.61%
Dec 243.62%
Dec 243.54%
Dec 243.59%
Nov 243.47%
Nov 243.42%
Nov 243.44%
Nov 243.21%
Nov 243.35%
Oct 243.27%
Oct 243.35%
Price to Sales
1.522.53med 1.86Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
NOC Price to Sales by year
PeriodPrice to Sales
Sep 261.72
Sep 261.71
Aug 261.81
Aug 261.83
Aug 261.94
Aug 261.89
Jul 261.8
Jul 261.8
Jul 261.75
Jul 261.81
Jul 261.84
Jun 261.68
Jun 261.75
Jun 261.85
Jun 261.83
May 261.89
May 261.86
May 261.81
May 261.84
May 261.91
Apr 261.93
Apr 262.27
Apr 262.29
Apr 262.39
Mar 262.31
Mar 262.41
Mar 262.5
Mar 262.58
Feb 262.47
Feb 262.46
Feb 262.39
Feb 262.42
Jan 262.36
Jan 262.35
Jan 262.33
Jan 262.16
Jan 262.05
Dec 252.02
Dec 251.99
Dec 251.99
Dec 251.92
Nov 252
Nov 251.98
Nov 251.95
Nov 251.99
Oct 252.04
Oct 252.12
Oct 252.11
Oct 252.21
Oct 252.16
Sep 252.11
Sep 252.03
Sep 252.04
Sep 252.06
Aug 252.09
Aug 252.1
Aug 252.07
Aug 252.06
Aug 252.08
Jul 252.02
Jul 251.86
Jul 251.84
Jul 251.81
Jun 251.77
Jun 251.78
Jun 251.85
Jun 251.75
May 251.74
May 251.69
May 251.69
May 251.73
May 251.76
Apr 251.7
Apr 251.94
Apr 251.91
Apr 251.74
Mar 251.83
Mar 251.76
Mar 251.74
Mar 251.74
Feb 251.65
Feb 251.6
Feb 251.57
Feb 251.68
Jan 251.75
Jan 251.77
Jan 251.72
Jan 251.64
Jan 251.67
Dec 241.68
Dec 241.67
Dec 241.71
Dec 241.69
Nov 241.75
Nov 241.77
Nov 241.76
Nov 241.89
Nov 241.81
Oct 241.85
Oct 241.92
EV/EBITDA
10152025med 14.14Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
NOC EV/EBITDA by year
PeriodEV/EBITDA
Sep 2611.79
Sep 2611.71
Aug 2612.29
Aug 2612.4
Aug 2613.06
Aug 2612.79
Jul 2612.23
Jul 2612.23
Jul 2611.57
Jul 2611.91
Jul 2612.08
Jun 2611.18
Jun 2611.57
Jun 2612.11
Jun 2612
May 2612.35
May 2612.2
May 2611.93
May 2612.09
May 2612.43
Apr 2612.56
Apr 2615.32
Apr 2615.49
Apr 2616.06
Mar 2615.6
Mar 2616.15
Mar 2616.68
Mar 2617.13
Feb 2616.5
Feb 2616.48
Feb 2616.06
Feb 2616.19
Jan 2615.86
Jan 2616.21
Jan 2616.09
Jan 2615.11
Jan 2614.43
Dec 2514.26
Dec 2514.08
Dec 2514.11
Dec 2513.68
Nov 2514.16
Nov 2514.04
Nov 2513.87
Nov 2514.08
Oct 2514.38
Oct 2514.84
Oct 2515.07
Oct 2515.68
Oct 2515.38
Sep 2515.07
Sep 2514.62
Sep 2514.68
Sep 2514.78
Aug 2514.97
Aug 2515.02
Aug 2514.85
Aug 2514.79
Aug 2514.9
Jul 2514.55
Jul 2514.22
Jul 2514.12
Jul 2513.89
Jun 2513.66
Jun 2513.74
Jun 2514.17
Jun 2513.56
May 2513.45
May 2513.15
May 2513.19
May 2513.4
May 2513.6
Apr 2513.19
Apr 2513.76
Apr 2513.62
Apr 2512.59
Mar 2513.16
Mar 2512.7
Mar 2512.58
Mar 2512.61
Feb 2512.09
Feb 2511.79
Feb 2511.6
Feb 2512.23
Jan 2512.63
Jan 2519.52
Jan 2519.05
Jan 2518.3
Jan 2518.59
Dec 2418.7
Dec 2418.64
Dec 2418.98
Dec 2418.78
Nov 2419.29
Nov 2419.52
Nov 2419.43
Nov 2420.55
Nov 2419.84
Oct 2420.24
Oct 2421.27
Price/Operating Cashflow
101520253035med 19.39Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
NOC Price/Operating Cashflow by year
PeriodPrice/Operating Cashflow
Sep 2614.52
Sep 2614.41
Aug 2615.27
Aug 2615.42
Aug 2616.39
Aug 2615.99
Jul 2615.18
Jul 2615.17
Jul 2615.88
Jul 2616.43
Jul 2616.72
Jun 2615.23
Jun 2615.88
Jun 2616.76
Jun 2616.58
May 2617.17
May 2616.92
May 2616.47
May 2616.74
May 2617.3
Apr 2617.51
Apr 2619.98
Apr 2620.24
Apr 2621.1
Mar 2620.4
Mar 2621.24
Mar 2622.04
Mar 2622.71
Feb 2621.76
Feb 2621.74
Feb 2621.11
Feb 2621.3
Jan 2620.8
Jan 2628.01
Jan 2627.76
Jan 2625.76
Jan 2624.38
Dec 2524.03
Dec 2523.66
Dec 2523.72
Dec 2522.85
Nov 2523.82
Nov 2523.59
Nov 2523.23
Nov 2523.67
Oct 2524.28
Oct 2525.21
Oct 2528.74
Oct 2530.15
Oct 2529.47
Sep 2528.75
Sep 2527.71
Sep 2527.85
Sep 2528.08
Aug 2528.53
Aug 2528.65
Aug 2528.24
Aug 2528.1
Aug 2528.36
Jul 2527.55
Jul 2521.27
Jul 2521.09
Jul 2520.66
Jun 2520.24
Jun 2520.39
Jun 2521.17
Jun 2520.05
May 2519.86
May 2519.32
May 2519.39
May 2519.78
May 2520.14
Apr 2519.39
Apr 2518.1
Apr 2517.89
Apr 2516.27
Mar 2517.16
Mar 2516.44
Mar 2516.25
Mar 2516.3
Feb 2515.47
Feb 2515.01
Feb 2514.7
Feb 2515.7
Jan 2516.32
Jan 2517.14
Jan 2516.63
Jan 2515.82
Jan 2516.13
Dec 2416.25
Dec 2416.19
Dec 2416.55
Dec 2416.33
Nov 2416.88
Nov 2417.13
Nov 2417.03
Nov 2418.24
Nov 2417.48
Oct 2417.91
Oct 2417.89
Price to Book
4567med 4.92Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
NOC Price to Book by year
PeriodPrice to Book
Sep 264.12
Sep 264.09
Aug 264.33
Aug 264.38
Aug 264.66
Aug 264.54
Jul 264.31
Jul 264.31
Jul 264.33
Jul 264.48
Jul 264.56
Jun 264.15
Jun 264.33
Jun 264.57
Jun 264.52
May 264.68
May 264.61
May 264.49
May 264.56
May 264.72
Apr 264.77
Apr 265.7
Apr 265.77
Apr 266.02
Mar 265.82
Mar 266.06
Mar 266.29
Mar 266.48
Feb 266.21
Feb 266.2
Feb 266.02
Feb 266.08
Jan 265.93
Jan 266.02
Jan 265.97
Jan 265.54
Jan 265.24
Dec 255.17
Dec 255.09
Dec 255.1
Dec 254.91
Nov 255.12
Nov 255.07
Nov 254.99
Nov 255.09
Oct 255.22
Oct 255.42
Oct 255.52
Oct 255.79
Oct 255.66
Sep 255.52
Sep 255.32
Sep 255.35
Sep 255.39
Aug 255.48
Aug 255.5
Aug 255.42
Aug 255.4
Aug 255.45
Jul 255.29
Jul 255.01
Jul 254.97
Jul 254.87
Jun 254.77
Jun 254.8
Jun 254.99
Jun 254.72
May 254.68
May 254.55
May 254.57
May 254.66
May 254.74
Apr 254.57
Apr 255.2
Apr 255.13
Apr 254.67
Mar 254.92
Mar 254.72
Mar 254.66
Mar 254.68
Feb 254.44
Feb 254.31
Feb 254.22
Feb 254.5
Jan 254.68
Jan 254.93
Jan 254.78
Jan 254.55
Jan 254.64
Dec 244.67
Dec 244.65
Dec 244.76
Dec 244.7
Nov 244.85
Nov 244.93
Nov 244.9
Nov 245.24
Nov 245.03
Oct 245.15
Oct 245.47
Northrop Grumman Corporation
NOC
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News: NOC

Can Northrop Grumman's European Expansion Drive Growth?

zacks.com · 11 Sep 2026

Can Northrop Grumman's European Expansion Drive Growth?

NOC's European expansion spans IBCS, weapons and surveillance as NATO allies boost defense investment and local industrial capacity.

Northrop Grumman: Defense Could Outperform In An AI Unwind, But I Still Prefer Cash

seekingalpha.com · 11 Sep 2026

Northrop Grumman: Defense Could Outperform In An AI Unwind, But I Still Prefer Cash

Northrop Grumman is a Buy at current levels, supported by structural defense tailwinds and major roles in U.S. nuclear modernization and space. NOC offers durable value amid great-power rivalry, but growth lags peers and execution risks persist, notably with segment margin declines and negative free cash flow. Valuation is reasonable with 38.5% implied upside to a $720 price target, though upside may materialize gradually and NOC is best as a modest portfolio allocation.

3 Defense Stocks: Powerful Picks for a High-Stakes Missile Cycle

fool.com · 10 Sep 2026

3 Defense Stocks: Powerful Picks for a High-Stakes Missile Cycle

Missile replenishment is becoming a manufacturing story, not just a geopolitical trade. See how three defense giants stack up on demand visibility, production leverage, profitability, and valuation.

Northrop Grumman to Participate in the 14th Annual Morgan Stanley Laguna Conference

globenewswire.com · 10 Sep 2026

Northrop Grumman to Participate in the 14th Annual Morgan Stanley Laguna Conference

FALLS CHURCH, Va., Sept. 10, 2026 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) will participate in the 14th Annual Morgan Stanley Laguna Conference on Thursday, September 17.

SandboxAQ Completes Successful Flight Test of AQNav's Quantum Navigation Technology on Northrop Grumman's Lumberjack® Attritable Unmanned Aircraft System (UAS)

prnewswire.com · 9 Sep 2026

SandboxAQ Completes Successful Flight Test of AQNav's Quantum Navigation Technology on Northrop Grumman's Lumberjack® Attritable Unmanned Aircraft System (UAS)

SandboxAQ unveils hardware-agnostic AQNav software platform for rapid integration across defense systems PALO ALTO, Calif., Sept. 9, 2026 /PRNewswire/ -- SandboxAQ announced it has successfully completed the world's first reported test of a magnetic navigation (MagNav) system on an attritable platform – Northrop Grumman's Lumberjack ® , a Group 3 UAS attritable drone.

Why Northrop Grumman (NOC) is a Top Value Stock for the Long-Term

zacks.com · 7 Sep 2026

Why Northrop Grumman (NOC) is a Top Value Stock for the Long-Term

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

California State Teachers Retirement System Has $53.86 Billion Stock Holdings in Northrop Grumman Corporation $NOC

defenseworld.net · 7 Sep 2026

California State Teachers Retirement System Has $53.86 Billion Stock Holdings in Northrop Grumman Corporation $NOC

California State Teachers Retirement System increased its position in shares of Northrop Grumman Corporation (NYSE: NOC) by 50,207.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 105,745,489 shares of the aerospace company's stock after buying an additional 105,535,292 shares during the

2,869 Shares in Northrop Grumman Corporation $NOC Bought by AXQ Capital LP

defenseworld.net · 5 Sep 2026

2,869 Shares in Northrop Grumman Corporation $NOC Bought by AXQ Capital LP

AXQ Capital LP acquired a new stake in Northrop Grumman Corporation (NYSE: NOC) during the undefined quarter, according to its most recent disclosure with the SEC. The fund acquired 2,869 shares of the aerospace company's stock, valued at approximately $1,461,000. A number of other institutional investors and hedge funds have also recently added

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