(NOC) Northrop Grumman - Ratings and Ratios

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

Aircraft, Weapons, Sensors, Satellites, Cyber

Stock: Aerospace & Defense
Age 44.1y

MCap 89,561m
Avg Vol 946K (554M USD)

Beta 0.064
Volatility 26.84%

EPS (Earnings per Share)

EPS CAGR: 6.77%
EPS Trend: 8.6%

Last SUE: 0.80
Qual. Beats: 0

Revenue

Rev. CAGR: 5.13%
Rev. Trend: 79.3%

Last SUE: -0.97
Qual. Beats: 0

Dividends

Dividend Yield	1.73%
Yield on Cost 5y	3.28%
Yield CAGR 5y	9.91%
Payout Consistency	97.0%
Payout Ratio	32.3%

Risk via 5d forecast
Volatility	26.8%
Value at Risk 5%th	36.7%
Relative Tail Risk	-16.77%

Reward TTM
Sharpe Ratio	1.20
Alpha	38.66
CAGR/Max DD	0.80

Character TTM
Hurst Exponent	0.431
Beta	0.064
Beta Downside	0.113

Drawdowns 3y
Max DD	19.97%
Mean DD	6.11%
Median DD	5.66%

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 (15.00b) to EBITDA (7.01b) ratio: 2.14 <= 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

(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) 74.63

1. Piotroski 5.0pt

2. FCF Yield 1.75%

3. FCF Margin 4.48%

4. Debt/Equity 1.06

5. Debt/Ebitda 2.14

6. ROIC - WACC (= 9.92)%

7. RoE 26.04%

8. Rev. Trend 79.33%

9. EPS Trend 8.55%

What is the price of NOC shares?

As of January 19, 2026, the stock is trading at USD 666.90 with a total of 969,219 shares traded.
Over the past week, the price has changed by +7.77%, over one month by +17.26%, over three months by +11.79% and over the past year by +41.00%.

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	669.6	0.4%
Analysts Target Price	669.6	0.4%
ValueRay Target Price	774.6	16.1%

NOC Fundamental Data Overview January 14, 2026

P/E Trailing = 22.5243
P/E Forward = 21.5517
P/S = 2.1883
P/B = 5.6178
P/EG = 4.067
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 = 16.96b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 15.00b USD (from netDebt column, last quarter)
Enterprise Value = 104.56b USD (89.56b + Debt 16.96b - CCE 1.96b)
Interest Coverage Ratio = 8.51 (Ebit TTM 5.53b / Interest Expense TTM 650.0m)
EV/FCF = 57.01x (Enterprise Value 104.56b / FCF TTM 1.83b)
FCF Yield = 1.75% (FCF TTM 1.83b / Enterprise Value 104.56b)
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 = 2.12 (Enterprise Value 104.56b / Total Assets 49.30b)
Interest Expense / Debt = 0.95% (Interest Expense 161.0m / Debt 16.96b)
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 = 1.06 (Debt 16.96b / totalStockholderEquity, last quarter 15.99b)
Debt / EBITDA = 2.14 (Net Debt 15.00b / EBITDA 7.01b)
Debt / FCF = 8.18 (Net Debt 15.00b / FCF TTM 1.83b)
Total Stockholder Equity = 15.43b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.24% (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 = 5.29% (E(89.56b)/V(106.52b) * Re(6.14%) + D(16.96b)/V(106.52b) * Rd(0.95%) * (1-Tc(0.17)))
Discount Rate = 6.14% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -100.0 | Cagr: -2.55%
[DCF Debug] Terminal Value 87.60% ; FCFF base≈2.09b ; Y1≈2.41b ; Y5≈3.36b
Fair Price DCF = 587.6 (EV 98.86b - Net Debt 15.00b = Equity 83.86b / Shares 142.7m; r=5.90% [WACC]; 5y FCF grow 17.44% → 2.90% )
EPS Correlation: 8.55 | EPS CAGR: 6.77% | SUE: 0.80 | # QB: 0
Revenue Correlation: 79.33 | Revenue CAGR: 5.13% | SUE: -0.97 | # QB: 0
EPS next Quarter (2026-03-31): EPS=6.34 | Chg30d=-0.038 | Revisions Net=-1 | Analysts=10
EPS next Year (2026-12-31): EPS=28.85 | Chg30d=+0.040 | Revisions Net=+1 | Growth EPS=+10.7% | Growth Revenue=+5.8%

Additional Sources for NOC Stock

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