(NOC) Northrop Grumman - Ratings and Ratios
Aircraft, Weapons, Sensors, Satellites, Cyber
Dividends
| Dividend Yield | 1.64% |
| Yield on Cost 5y | 3.18% |
| Yield CAGR 5y | 9.16% |
| Payout Consistency | 94.8% |
| Payout Ratio | 32.3% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 25.5% |
| Value at Risk 5%th | 36.4% |
| Relative Tail Risk | -13.21% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.47 |
| Alpha | 9.35 |
| CAGR/Max DD | 0.12 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.342 |
| Beta | 0.065 |
| Beta Downside | 0.175 |
| Drawdowns 3y | |
|---|---|
| Max DD | 22.06% |
| Mean DD | 11.22% |
| Median DD | 12.23% |
Description: NOC Northrop Grumman December 02, 2025
Northrop Grumman (NYSE: NOC) is a U.S.–based aerospace and defense technology firm operating across the United States, Asia-Pacific, Europe and other international markets. The company is organized into four primary segments-Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems-each covering a distinct set of products and services from aircraft and missiles to satellites and cyber solutions.
The Aeronautics Systems segment designs, builds, and sustains a range of aircraft, including unmanned autonomous platforms such as high-altitude long-endurance (HALE) systems (e.g., Global Hawk) and the B-21 Raider strategic bomber. It also delivers tactical fighters, air-dominance aircraft, and integrated battle-management and command-and-control (C2) solutions.
Defense Systems focuses on strategic deterrent and missile-defense capabilities, producing precision-strike weapons, hypersonic propulsion, solid-rocket motors, and advanced gun systems. In FY 2023 the segment contributed roughly 55 % of Northrop Grumman’s $19.5 billion revenue, and the company reported a backlog of about $45 billion-an indicator of strong future order flow amid rising U.S. defense spending (≈3 % YoY growth).
Mission Systems provides C4ISR (command, control, communications, computers, intelligence, surveillance, reconnaissance) suites, electronic-warfare hardware, radar and EO/IR sensors, and cyber-security services. Space Systems delivers satellites, launch vehicles, missile-defense interceptors, and related ground infrastructure, benefitting from the accelerating commercial-space launch market and the U.S. government’s emphasis on resilient space architecture.
For a deeper quantitative dive, ValueRay’s platform offers granular earnings forecasts and segment-level cash-flow models for NOC.
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income (4.02b TTM) > 0 and > 6% of Revenue (6% = 2.46b TTM) |
| FCFTA 0.04 (>2.0%) and ΔFCFTA -1.43pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 3.39% (prev 3.00%; Δ 0.39pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.07 (>3.0%) and CFO 3.44b <= Net Income 4.02b (YES >=105%, WARN >=100%) |
| Net Debt (1.67b) to EBITDA (7.01b) ratio: 0.24 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.11 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (143.5m) change vs 12m ago -2.05% (target <= -2.0% for YES) |
| Gross Margin 19.42% (prev 16.87%; Δ 2.55pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 83.88% (prev 84.87%; Δ -1.00pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 8.51 (EBITDA TTM 7.01b / Interest Expense TTM 650.0m) >= 6 (WARN >= 3) |
Altman Z'' 2.51
| (A) 0.03 = (Total Current Assets 14.11b - Total Current Liabilities 12.72b) / Total Assets 49.30b |
| (B) 0.32 = Retained Earnings (Balance) 15.97b / Total Assets 49.30b |
| (C) 0.11 = EBIT TTM 5.53b / Avg Total Assets 48.79b |
| (D) 0.48 = Book Value of Equity 15.99b / Total Liabilities 33.31b |
| Total Rating: 2.51 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 77.42
| 1. Piotroski 5.0pt |
| 2. FCF Yield 2.20% |
| 3. FCF Margin 4.48% |
| 4. Debt/Equity 0.23 |
| 5. Debt/Ebitda 0.24 |
| 6. ROIC - WACC (= 9.07)% |
| 7. RoE 26.04% |
| 8. Rev. Trend 79.28% |
| 9. EPS Trend 16.26% |
What is the price of NOC shares?
Over the past week, the price has changed by -3.55%, over one month by -4.56%, over three months by -6.81% and over the past year by +14.80%.
Is NOC a buy, sell or hold?
- Strong Buy: 10
- Buy: 4
- Hold: 11
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the NOC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 667.2 | 22% |
| Analysts Target Price | 667.2 | 22% |
| ValueRay Target Price | 549.6 | 0.5% |
NOC Fundamental Data Overview November 27, 2025
P/E Trailing = 20.3655
P/E Forward = 19.3798
P/S = 1.9921
P/B = 5.0486
P/EG = 3.6549
Beta = 0.044
Revenue TTM = 40.93b USD
EBIT TTM = 5.53b USD
EBITDA TTM = 7.01b USD
Long Term Debt = 15.16b USD (from longTermDebt, last quarter)
Short Term Debt = 533.0m USD (from shortTermDebt, last quarter)
Debt = 3.62b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.67b USD (from netDebt column, last quarter)
Enterprise Value = 83.20b USD (81.53b + Debt 3.62b - CCE 1.96b)
Interest Coverage Ratio = 8.51 (Ebit TTM 5.53b / Interest Expense TTM 650.0m)
FCF Yield = 2.20% (FCF TTM 1.83b / Enterprise Value 83.20b)
FCF Margin = 4.48% (FCF TTM 1.83b / Revenue TTM 40.93b)
Net Margin = 9.82% (Net Income TTM 4.02b / Revenue TTM 40.93b)
Gross Margin = 19.42% ((Revenue TTM 40.93b - Cost of Revenue TTM 32.98b) / Revenue TTM)
Gross Margin QoQ = 21.37% (prev 21.35%)
Tobins Q-Ratio = 1.69 (Enterprise Value 83.20b / Total Assets 49.30b)
Interest Expense / Debt = 4.44% (Interest Expense 161.0m / Debt 3.62b)
Taxrate = 16.86% (223.0m / 1.32b)
NOPAT = 4.60b (EBIT 5.53b * (1 - 16.86%))
Current Ratio = 1.11 (Total Current Assets 14.11b / Total Current Liabilities 12.72b)
Debt / Equity = 0.23 (Debt 3.62b / totalStockholderEquity, last quarter 15.99b)
Debt / EBITDA = 0.24 (Net Debt 1.67b / EBITDA 7.01b)
Debt / FCF = 0.91 (Net Debt 1.67b / FCF TTM 1.83b)
Total Stockholder Equity = 15.43b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.15% (Net Income 4.02b / Total Assets 49.30b)
RoE = 26.04% (Net Income TTM 4.02b / Total Stockholder Equity 15.43b)
RoCE = 18.07% (EBIT 5.53b / Capital Employed (Equity 15.43b + L.T.Debt 15.16b))
RoIC = 15.21% (NOPAT 4.60b / Invested Capital 30.23b)
WACC = 6.14% (E(81.53b)/V(85.16b) * Re(6.25%) + D(3.62b)/V(85.16b) * Rd(4.44%) * (1-Tc(0.17)))
Discount Rate = 6.25% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: -100.0 | Cagr: -2.55%
[DCF Debug] Terminal Value 80.18% ; FCFE base≈2.09b ; Y1≈2.41b ; Y5≈3.37b
Fair Price DCF = 408.0 (DCF Value 58.23b / Shares Outstanding 142.7m; 5y FCF grow 17.44% → 3.0% )
EPS Correlation: 16.26 | EPS CAGR: 6.77% | SUE: 0.80 | # QB: 0
Revenue Correlation: 79.28 | Revenue CAGR: 5.13% | SUE: -0.97 | # QB: 0
EPS next Quarter (2026-03-31): EPS=6.43 | Chg30d=-0.051 | Revisions Net=-2 | Analysts=10
EPS next Year (2026-12-31): EPS=28.92 | Chg30d=+0.032 | Revisions Net=-7 | Growth EPS=+10.9% | Growth Revenue=+5.7%
Additional Sources for NOC Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle