Northrop Grumman Corporation NOC SPX
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.
READ MORE ›Market & Price
Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Strong return on equity of 28.5%.
- Generates positive free cash flow.
CONS
- Earnings shrank at -5.1% CAGR over 5 years.
- Trading 26.6% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | NOC Northrop Grumman Corporation SPX | 563.68 | 17.67 | $80.06B | 1.67% | 15.29% | 28.51% | 4.65% | -5.12% |
| 2 | CAT Caterpillar Inc. SPX | 875.87 | 43.66 | $403.42B | 0.69% | 19.42% | 51.33% | 4.38% | 9.83% |
| 3 | GE GE Aerospace SPX | 323.76 | 40.17 | $338.27B | 0.58% | 11.89% | 45.43% | 16.32% | 195.89% |
| 4 | GEV GE Vernova Inc. SPXAI | 968.32 | 28.33 | $260.21B | 0.21% | 6.30% | 75.71% | 8.68% | 92.84% |
| 5 | RTX RTX Corporation SPX | 179.66 | 33.64 | $241.95B | 1.54% | 9.41% | 11.57% | 9.72% | 9.01% |
| 6 | UNP Union Pacific Corporation SPX | 262.64 | 21.60 | $155.93B | 2.10% | 16.19% | 40.69% | -0.49% | 0.66% |
| 7 | ETN Eaton Corporation plc SPXAI | 400.60 | 39.20 | $155.55B | 1.10% | 16.23% | 20.84% | 9.77% | 18.41% |
| 8 | HON Honeywell International Inc. NDXSPX | 237.86 | 38.00 | $150.72B | 2.00% | 13.57% | 24.26% | 1.82% | -1.62% |
| 9 | DE Deere & Company SPX | 542.18 | 30.67 | $146.45B | 1.20% | 12.82% | 18.35% | -4.50% | -11.00% |
Quarterly Results
Figures in USD.
| Metric | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | 6.41B | 6.47B | 6.57B | 6.55B | 6.74B | 7.12B | 8.09B | 8.16B | 8.19B | 8.46B | 8.47B | 8.72B | 8.62B | 8.88B | 9.08B | 10.21B | 9.16B | 9.15B | 8.72B | 8.80B | 8.80B | 8.97B | 9.30B | 9.58B | 9.78B | 10.13B | 10.22B | - | 9.47B | 10.35B | 10.42B | 11.71B | 9.88B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7.89B | 8.14B | 8.20B | 9.42B | 7.92B |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.58B | 2.21B | 2.23B | 2.30B | 1.96B |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01B | 1.02B | 985.00M | 1.02B | 971.00M |
| Operating Income | 813.00M | 794.00M | 689.00M | 739.00M | 797.00M | 826.00M | 831.00M | 853.00M | 864.00M | 829.00M | 672.00M | 848.00M | 817.00M | 1.17B | 943.00M | 936.00M | 946.00M | 951.00M | 1.14B | 934.00M | 994.00M | 985.00M | 1.15B | 2.82B | 1.04B | 1.04B | 897.00M | 954.00M | 844.00M | 947.00M | 967.00M | 1.02B | 1.07B | 1.09B | - | 573.00M | 1.19B | 1.24B | 1.27B | 989.00M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.07B | 1.95B | 1.86B | 2.32B | 1.56B |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 156.00M | 173.00M | 161.00M | 175.00M | 162.00M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 578.00M | 1.43B | 1.32B | 1.74B | 1.03B |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 97.00M | 253.00M | 223.00M | 313.00M | 155.00M |
| Net Income | 531.00M | 516.00M | 459.00M | 556.00M | 517.00M | 602.00M | 525.00M | 770.00M | 677.00M | 750.00M | 672.00M | 840.00M | 789.00M | 1.24B | 356.00M | 863.00M | 861.00M | 933.00M | -409.00M | 868.00M | 1.00B | 986.00M | 330.00M | 2.19B | 1.04B | 1.06B | 955.00M | 946.00M | 915.00M | 842.00M | 812.00M | 937.00M | 944.00M | 940.00M | - | 481.00M | 1.17B | 1.10B | 1.43B | 875.00M |
| Diluted EPS | 2.74 | 2.75 | 2.49 | 3.03 | 2.85 | 3.35 | 2.96 | 4.37 | 3.86 | 4.28 | 3.83 | 4.79 | 4.50 | 7.11 | 2.06 | 5.06 | 5.06 | 5.49 | -2.43 | 5.15 | 6.01 | 5.89 | 1.97 | 13.43 | 6.42 | 6.63 | 6.10 | 6.06 | 5.89 | 5.50 | 5.34 | 6.18 | 6.32 | 6.36 | 7.00 | 3.32 | 8.15 | 7.67 | - | 6.14 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | 24.71B | 26.00B | 30.09B | 33.84B | 36.80B | 35.67B | 36.60B | 39.29B | 41.03B | 41.95B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 29.13B | 32.74B | 32.67B | 33.64B |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7.47B | 6.55B | 8.36B | 8.31B |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.87B | 4.01B | 3.99B | 4.03B |
| Operating Income | 2.92B | -263.00M | 2.27B | 2.83B | 3.28B | 3.13B | 3.12B | 3.20B | 3.08B | 3.28B | 3.22B | 3.78B | 3.97B | 4.07B | 5.65B | 3.60B | 2.54B | 4.37B | 4.28B |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7.68B | 4.23B | 7.01B | 7.21B |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 506.00M | 545.00M | 621.00M | 665.00M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5.84B | 2.35B | 5.02B | 5.07B |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 940.00M | 290.00M | 842.00M | 886.00M |
| Net Income | 1.79B | -1.26B | 1.69B | 2.05B | 2.12B | 1.98B | 1.95B | 2.07B | 1.99B | 2.04B | 2.87B | 3.23B | 2.25B | 3.19B | 7.00B | 4.90B | 2.06B | 4.17B | 4.18B |
| Diluted EPS | 5.12 | -3.77 | 5.21 | 6.82 | 7.52 | 7.81 | 8.35 | 9.75 | 10.39 | 11.32 | 16.34 | 18.49 | 13.22 | 19.03 | 43.54 | 31.47 | 13.53 | 28.34 | 29.08 |
| R&D Expense | - | 564.00M | 588.00M | 580.00M | 543.00M | 520.00M | 507.00M | 569.00M | 712.00M | 705.00M | 639.00M | 764.00M | 953.00M | 1.10B | 1.10B | 1.20B | 1.20B | 1.10B | 1.10B |
Compounded Sales Growth
| 5 Years: | 4.65% |
| 1 Year: | 4.40% |
Compounded Profit Growth
| 5 Years: | -5.12% |
| 1 Year: | 84.90% |
Stock Price Performance
| 1 Year: | +18.15% |
| 6 Months: | -0.29% |
| 3 Months: | -22.18% |
| 1 Month: | -1.53% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2006 | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 30.20B | 30.25B | 31.41B | 25.41B | 26.54B | 26.38B | 26.57B | 24.42B | 25.61B | 35.13B | 37.65B | 41.09B | 44.47B | - | 43.76B | 46.54B | 49.36B | 51.38B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12.49B | 13.71B | 14.27B | 15.29B |
| Cash & Equivalents | 1.01B | 963.00M | 1.50B | 3.27B | 3.70B | 3.00B | 3.86B | 5.15B | 3.86B | 2.32B | 2.54B | 11.22B | 1.58B | 2.25B | 4.91B | - | 2.58B | 3.11B | 4.35B | 4.40B |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 978.00M | 1.11B | 1.46B | 1.31B |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.51B | 1.45B | 1.27B | 1.38B |
| Total Liabilities | - | - | 18.28B | 17.57B | 17.97B | 15.07B | 17.03B | 15.76B | 19.34B | 18.90B | 20.36B | 28.00B | 29.47B | 32.27B | 33.89B | - | 28.44B | 31.75B | 34.07B | 34.70B |
| Current Liabilities | - | - | 7.45B | 6.99B | 10.03B | 6.13B | 6.06B | 5.82B | 5.89B | 5.46B | 5.63B | 7.09B | 8.27B | 9.43B | 9.58B | - | 11.59B | 11.94B | 14.13B | 13.88B |
| Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | 12.77B | 14.26B | - | 11.80B | 13.79B | 14.69B | 15.16B |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 13.63B | 15.68B | 16.49B | 17.02B |
| Total Equity | - | 17.69B | 11.92B | 12.57B | 13.44B | 10.34B | 9.51B | 10.62B | 7.24B | 5.52B | 5.36B | 7.13B | 8.19B | 8.82B | 10.58B | - | 15.31B | 14.79B | 15.29B | 16.67B |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 153.16M | 150.11M | 144.95M | 142.00M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 2.89B | 3.21B | 2.13B | 2.45B | 2.12B | 2.64B | 2.48B | 2.59B | 2.16B | 2.81B | 2.61B | 3.83B | 4.30B | 4.30B | - | 2.90B | 3.88B | 4.39B | 4.76B |
| Investing Cash Flow | -1.43B | -626.00M | 866.00M | -760.00M | 680.00M | -84.00M | -346.00M | -645.00M | -431.00M | -805.00M | -889.00M | -8.88B | -1.21B | -1.21B | - | -1.24B | -1.58B | -1.75B | -1.16B |
| Financing Cash Flow | -1.51B | -2.04B | -1.23B | -1.27B | -3.49B | -1.70B | -849.00M | -3.23B | -3.27B | -1.79B | 6.96B | -4.59B | -2.42B | -432.00M | - | -2.61B | -1.76B | -1.40B | -3.55B |
| Capital Expenditure | -681.00M | -681.00M | -473.00M | -585.00M | -492.00M | -331.00M | -364.00M | -561.00M | -471.00M | -920.00M | -928.00M | -1.25B | -1.26B | -1.42B | - | -1.44B | -1.77B | -1.77B | -1.45B |
| Free Cash Flow | 2.21B | 2.53B | 1.66B | 1.87B | 1.62B | 2.31B | 2.12B | 2.03B | 1.69B | 1.89B | 1.69B | 2.58B | 3.03B | 2.88B | - | 1.47B | 2.10B | 2.62B | 3.31B |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -953.00M | 532.00M | 1.24B | 50.00M |
| Share Buybacks | 1.18B | 1.55B | 1.10B | 1.18B | 2.29B | 1.32B | 2.37B | 2.67B | 3.18B | 1.55B | 393.00M | 1.26B | 744.00M | 490.00M | 3.71B | 1.50B | 1.50B | 2.51B | 1.62B |
Ratios (Annual)
Figures in %.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 20.4% | 16.7% | 20.4% | 19.8% |
| Operating Margin % | - | - | - | - | - | - | - | - | - | 13.3% | 12.4% | 12.6% | 11.7% | 11.0% | 15.8% | 9.8% | 6.5% | 10.6% | 10.2% |
| Net Margin % | - | - | - | - | - | - | - | - | - | 8.3% | 11.0% | 10.7% | 6.6% | 8.7% | 19.6% | 13.4% | 5.2% | 10.2% | 10.0% |
| ROE % | 10.1% | -10.6% | 13.4% | 15.3% | 20.5% | 20.8% | 18.4% | 28.6% | 36.0% | 38.1% | 40.2% | 39.4% | 25.5% | 30.1% | - | 32.0% | 13.9% | 27.3% | 25.1% |
| ROCE % | - | -1.2% | 9.8% | 13.2% | 17.0% | 15.3% | 15.2% | 15.5% | 16.2% | 16.4% | 11.5% | 12.9% | 12.5% | 11.7% | - | 11.2% | 7.3% | 12.4% | 11.4% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | State Street Corporation | 9.15% | 13.00M | $7.33B |
| 2 | Blackrock Inc. | 7.66% | 10.88M | $6.13B |
| 3 | Vanguard Capital Management LLC | 6.30% | 8.95M | $5.04B |
| 4 | Capital International Investors | 5.00% | 7.10M | $4.00B |
| 5 | Capital World Investors | 4.85% | 6.89M | $3.88B |
| 6 | Wellington Management Group, LLP | 3.50% | 4.97M | $2.80B |
| 7 | Morgan Stanley | 2.54% | 3.61M | $2.03B |
| 8 | Vanguard Portfolio Management LLC | 2.47% | 3.51M | $1.98B |
| 9 | Franklin Resources, Inc. | 2.31% | 3.28M | $1.85B |
| 10 | Geode Capital Management, LLC | 2.26% | 3.21M | $1.81B |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for NOC