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Northrop Grumman Corporation (NOC)

514.98 -13.26 (-2.51%)
At close: September 4 at 4:00:02 PM EDT
528.13 +13.15 (+2.55%)
After hours: September 4 at 7:57:13 PM EDT
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What's happening with NOC?

25m ago
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Northrop Grumman (NOC) continues to face challenges despite strong government contracts and backlog growth. Recent earnings beat expectations, but the stock has underperformed compared to the S&P 500, with analysts maintaining a cautious outlook.

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  • Previous Close 528.24
  • Open 525.56
  • Bid 514.51 x 8000
  • Ask 517.50 x 20000
  • Day's Range 512.54 - 524.91
  • 52 Week Range 479.02 - 774.00
  • Volume 741,804
  • Avg. Volume 881,934
  • Market Cap (intraday) 73.16B
  • Beta (5Y Monthly) -0.11
  • PE Ratio (TTM) 16.78
  • EPS (TTM) 30.69
  • Earnings Date Oct 20, 2026
  • Forward Dividend & Yield 9.88 (1.87%)
  • Ex-Dividend Date Aug 31, 2026
  • 1y Target Est 647.14

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.

www.northropgrumman.com

95,000

Full Time Employees

December 31

Fiscal Year Ends

Industrials

Sector

Recent News

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Performance Overview

Trailing total returns as of 9/4/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

NOC
8.58%
S&P 500 (^GSPC)
12.75%

1-Year Return

NOC
9.73%
S&P 500 (^GSPC)
18.71%

3-Year Return

NOC
24.28%
S&P 500 (^GSPC)
70.93%

5-Year Return

NOC
52.63%
S&P 500 (^GSPC)
70.18%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 10.88B
Earnings 1.09B
Profit Margin 10.06%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

0
2B
4B
6B
8B
10B
9.0%
10.0%
11.0%
12.0%

Analyst Insights

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Analyst Price Targets

538.00
647.14 Average
514.98 Current
815.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 8/19/2026
Analyst TD Cowen
Rating Action Maintains
Rating Hold
Price Action Raises
Price Target 550 -> 590

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (5yr expected)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    10.48%

  • Return on Assets (ttm)

    7.15%

  • Return on Equity (ttm)

    26.96%

  • Revenue (ttm)

    42.89B

  • Net Income Avi to Common (ttm)

    4.5B

  • Diluted EPS (ttm)

    30.69

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    2.31B

  • Total Debt/Equity (mrq)

    95.35%

  • Levered Free Cash Flow (ttm)

    2.48B

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