(NOC) Northrop Grumman - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US6668071029

Aircraft, Missiles, Satellites, Sensors, Radar, Drones

NOC EPS (Earnings per Share)

EPS (Earnings per Share) of NOC over the last years for every Quarter: "2020-09": 5.89, "2020-12": 6.59, "2021-03": 6.57, "2021-06": 6.42, "2021-09": 6.63, "2021-12": 6, "2022-03": 6.1, "2022-06": 6.06, "2022-09": 5.89, "2022-12": 7.5, "2023-03": 5.5, "2023-06": 5.34, "2023-09": 6.18, "2023-12": 6.27, "2024-03": 6.32, "2024-06": 6.36, "2024-09": 7, "2024-12": 8.66, "2025-03": 3.32, "2025-06": 8.15, "2025-09": 7.67,

NOC Revenue

Revenue of NOC over the last years for every Quarter: 2020-09: 9083, 2020-12: 10212, 2021-03: 9157, 2021-06: 9151, 2021-09: 8720, 2021-12: 8639, 2022-03: 8797, 2022-06: 8801, 2022-09: 8971, 2022-12: 10033, 2023-03: 9301, 2023-06: 9576, 2023-09: 9775, 2023-12: 10638, 2024-03: 10133, 2024-06: 10218, 2024-09: 9996, 2024-12: 10686, 2025-03: 9468, 2025-06: 10351, 2025-09: 10423,

Description: NOC Northrop Grumman September 26, 2025

Northrop Grumman (NYSE:NOC) is a global aerospace and defense technology firm headquartered in Falls Church, Virginia, with operations across the United States, Asia-Pacific, Europe, and other international markets.

Its Aeronautics Systems segment builds and modernizes a broad portfolio of aircraft, ranging from tactical fighters and air-dominance platforms to unmanned autonomous systems such as high-altitude long-endurance (HALE) surveillance drones. The segment also delivers airborne battle-management, command-and-control (C2) suites, and strategic long-range strike capabilities.

The Defense Systems segment focuses on strategic deterrent and missile-defense solutions, including precision-strike weapons, hypersonic propulsion, solid-rocket motors, and advanced gun systems. It also provides life-cycle services-sustainment, modernization, and training-for both manned and unmanned platforms, generating a sizable recurring-revenue stream.

Mission Systems supplies integrated C4ISR (command, control, communications, computers, intelligence, surveillance, and reconnaissance) capabilities, encompassing radar, EO/IR, acoustic sensors, electronic warfare, cyber solutions, and microelectronics. These offerings are increasingly tied to the U.S. Department of Defense’s push toward multi-domain operations.

Space Systems designs and manufactures satellites, spacecraft subsystems, launch vehicles, and missile-defense interceptors, positioning the company within the fast-growing commercial and government space markets.

Key quantitative signals (as of FY 2024) include: ≈ $19 billion in annual revenue, a backlog of roughly $70 billion-about 3.5 × annual sales-indicating strong order flow; and R&D spending of ~ $2.5 billion (≈ 13 % of revenue), underscoring a commitment to next-generation hypersonic and autonomous technologies. The sector is driven by sustained U.S. defense budget growth (projected FY 2025 FY-2028 increase of ~ 5 % YoY) and heightened geopolitical competition in hypersonic weapons, which should buoy demand for Northrop’s high-tech missile and space assets.

For readers looking to deepen their analysis, a quick look at ValueRay’s analyst notes can surface additional forward-looking valuation metrics and scenario modeling that may help quantify the upside from these macro-driven tailwinds.

NOC Stock Overview

Market Cap in USD 86,451m
Sub-Industry Aerospace & Defense
IPO / Inception 1981-12-31

NOC Stock Ratings

Growth Rating 54.6%
Fundamental 74.6%
Dividend Rating 62.4%
Return 12m vs S&P 500 -3.93%
Analyst Rating 3.96 of 5

NOC Dividends

Dividend Yield 12m 1.50%
Yield on Cost 5y 3.20%
Annual Growth 5y 9.16%
Payout Consistency 96.9%
Payout Ratio 25.1%

NOC Growth Ratios

Growth Correlation 3m 49.5%
Growth Correlation 12m 73.3%
Growth Correlation 5y 82.9%
CAGR 5y 5.50%
CAGR/Max DD 3y (Calmar Ratio) 0.25
CAGR/Mean DD 3y (Pain Ratio) 0.50
Sharpe Ratio 12m 1.16
Alpha 12.17
Beta 0.098
Volatility 24.47%
Current Volume 840.2k
Average Volume 20d 723.5k
Stop Loss 565.9 (-3%)
Signal 0.07

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) 74.55

1. Piotroski 5.0pt = 0.0
2. FCF Yield 2.08% = 1.04
3. FCF Margin 4.48% = 1.12
4. Debt/Equity 0.23 = 2.47
5. Debt/Ebitda 0.24 = 2.46
6. ROIC - WACC (= 9.09)% = 11.36
7. RoE 26.04% = 2.17
8. Rev. Trend 44.03% = 3.30
9. EPS Trend 12.38% = 0.62

What is the price of NOC shares?

As of November 02, 2025, the stock is trading at USD 583.45 with a total of 840,195 shares traded.
Over the past week, the price has changed by -3.65%, over one month by -4.25%, over three months by +1.58% and over the past year by +16.63%.

Is Northrop Grumman a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, Northrop Grumman (NYSE:NOC) is currently (November 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 74.55 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of NOC is around 575.12 USD . This means that NOC is currently overvalued and has a potential downside of -1.43%.

Is NOC a buy, sell or hold?

Northrop Grumman has received a consensus analysts rating of 3.96. Therefore, it is recommended to buy NOC.
  • 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 662.3 13.5%
Analysts Target Price 662.3 13.5%
ValueRay Target Price 628.4 7.7%

NOC Fundamental Data Overview October 26, 2025

Market Cap USD = 86.45b (86.45b USD * 1.0 USD.USD)
P/E Trailing = 21.8306
P/E Forward = 20.7039
P/S = 2.1123
P/B = 5.5993
P/EG = 3.5693
Beta = 0.098
Revenue TTM = 40.93b USD
EBIT TTM = 5.53b USD
EBITDA TTM = 7.01b USD
Long Term Debt = 14.69b USD (from longTermDebt, last fiscal year)
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 = 88.12b USD (86.45b + Debt 3.62b - CCE 1.96b)
Interest Coverage Ratio = 8.51 (Ebit TTM 5.53b / Interest Expense TTM 650.0m)
FCF Yield = 2.08% (FCF TTM 1.83b / Enterprise Value 88.12b)
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 = 1.79 (Enterprise Value 88.12b / 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 = 18.35% (EBIT 5.53b / Capital Employed (Equity 15.43b + L.T.Debt 14.69b))
RoIC = 15.36% (NOPAT 4.60b / Invested Capital 29.92b)
WACC = 6.27% (E(86.45b)/V(90.08b) * Re(6.38%) + D(3.62b)/V(90.08b) * Rd(4.44%) * (1-Tc(0.17)))
Discount Rate = 6.38% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: -100.0 | Cagr: -2.93%
[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: 12.38 | EPS CAGR: 0.82% | SUE: 0.80 | # QB: 0
Revenue Correlation: 44.03 | Revenue CAGR: 1.40% | SUE: -0.97 | # QB: 0

Additional Sources for NOC Stock

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