NOC
Northrop Grumman
$507.33
▼ 2.7%Updated Today 7:15 PM ET
▲ Up 5.4% over the last 12 months
Market Cap
$74.07B
P/E
16.22x
Forward P/E (est.)
12.88x
ROE
28.1%
Revenue Growth
5.0%
EPS Growth
26.0%
Profit Margin
10.8%
FCF Yield
7.1%
Debt / Equity
0.94x
ROIC
11.0%
Interest Coverage
—
Current Ratio
1.15x
Dividend Yield
1.8%
Implied Growth (rev. DCF)
4.3%
Rating Score
65/100
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what NOC's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. NOC trades near $507.33, below its 50-day average ($575.22) and 200-day average ($615.94). Price below both averages is a downtrend — momentum is against buyers for now.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 34 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. NOC's is $15.45 (~3.0% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month NOC found buyers near $515.38 (support) and sellers near $563.93 (resistance); its 52-week range is $481.28–$774.00. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 2.3× the 20-day average — heavier than usual, which adds conviction to the move. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
Northrop Grumman (NOC) is a large-cap company in the Aerospace & Defense industry, part of the Industrials sector of the S&P 500, with a market value around $74.07B.
In its latest reported year it generated about $41.95B in revenue and $4.18B in net profit.
Our model rates NOC Favorable (65/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
4Y CAGR
4.1%
Revenue moved from $35.67B in 2021 to $41.95B in 2025, a 4.1% compound annual growth rate. The most recent year was roughly flat (5.0%) year over year. Slower, mature growth is common for established businesses.
Gross Margin
20.5%
Operating Margin
10.8%
Net Margin
10.0%
ROE
28.1%
Northrop Grumman keeps about 10.8% of each sales dollar as net profit, with a 20.5% gross margin and 10.8% operating margin. Return on equity is 28.1% and return on invested capital about 11.0%. Margins are moderate — typical of a competitive but profitable business.
Total Debt
$15.70B
Net Debt
$13.61B
Net Debt / EBITDA
3.02x
Debt / Equity
0.94x
Leverage: debt-to-equity is 0.9x, with a current ratio of 1.1x. That is a moderate, manageable debt load for most businesses. It carries roughly $15.70B of total debt against $2.09B of cash.
Operating CF
$4.76B
Free Cash Flow
$3.31B
FCF Margin
7.9%
In the latest year Northrop Grumman produced about $4.76B of operating cash flow and $3.31B of free cash flow after capital spending. That is a free-cash-flow yield of about 7.1% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
P/E
16.22x
P/S
1.87x
P/B
4.62x
EV / EBITDA
15.36x
NOC trades at 16.2x trailing earnings (about 12.9x on estimated forward earnings), 1.9x sales, and 4.6x book value. Reverse-engineering today's price implies the market expects roughly 4.3% long-term free-cash-flow growth. That is a fairly typical valuation for a profitable company.
Where this stock sits versus what most companies trade at.
Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.
How NOC stacks up against its Industrials peers — valuation, profitability, and growth versus the sector median.
In the Industrials sector (80 S&P 500 companies), NOC ranks #7 of 80 by our overall rating. It trades at a discount versus the sector on earnings (16.2x P/E vs. 30x median) with a higher return on equity (28.1% vs. 24.7%) and slower revenue growth (5.0% vs. 5.0%).
P/E vs sector
16.2x
median 30x
ROE vs sector
28.1%
median 24.7%
Growth vs sector
5.0%
median 5.0%
Sector rank
#7
of 80 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Industrials companies by sub-industry and size. Sector median is across all 80 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$376.99 – $603.18
vs. $507.33 today · expected CAGR -6% – 4%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $44.05B | $46.25B | $48.57B | $51.00B | $53.55B |
| Net income | $4.41B | $4.63B | $4.86B | $5.10B | $5.35B |
| EPS | $31.02 | $32.57 | $34.19 | $35.90 | $37.70 |
| Share price (low) | $310.15 | $325.66 | $341.94 | $359.04 | $376.99 |
| Share price (high) | $496.24 | $521.05 | $547.10 | $574.46 | $603.18 |
| CAGR (low–high) | -39% / -2% | -20% / 1% | -12% / 3% | -8% / 3% | -6% / 4% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for NOC:
- Strong return on equity (28.1%) shows capital is put to work well.
- Healthy free-cash-flow yield (~7.1%) funds buybacks and dividends.
- Our model's overall read is Favorable (65/100).
The case against NOC:
- Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the fundamentals screen favourably: Northrop Grumman is a large-cap industrials business growing at a mature pace, with modest profitability, and a heavier debt load to watch. It trades at 16.2x earnings, which our model scores Favorable (65/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.