Northrop Grumman Corporation (NOC)
Full history for every metric is available with a Kvantra account
No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $bn | 37 | 36 | 37 | 39 | 41 | 42 | 43 | 44 |
| Operating profit | $bn | 4 | 4 | ||||||
| Net profit | $bn | 3 | 7 | 5 | 2 | 4 | 4 | 4 | 4 |
| EPS reported | $ | 29.08 | 31.48 | ||||||
| Operating cashflow per share | $ | 33.15 | 35.74 | ||||||
| Capex per share | $ | 10.10 | 10.08 | ||||||
| FCF per share | $ | 23.05 | 25.66 | ||||||
| Free cash flow | $bn | 3 | 4 | ||||||
| Net debt | $bn | 13 | 12 | ||||||
| Book value equity | $bn | 17 | 18 | ||||||
| Book value per share | $ | 116.0 | 125.6 | ||||||
| Number of shares | m | 143.8 | 142.4 | ||||||
| DPS (TTM paid) | $ | 8.99 | 9.56 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 19.61 | 16.22 | ||||||
| P/B LTM | x | 4.91 | 4.58 | ||||||
| P/S LTM | x | 1.95 | 1.91 | ||||||
| P/FCF LTM | x | 24.74 | 22.44 | ||||||
| EV/EBITDA LTM | x | 13.49 | 13.05 | ||||||
| EV/Sales LTM | x | 2.32 | 2.27 | ||||||
| Earnings Yield LTM | % | +5.10% | +6.17% | ||||||
| FCF Yield | % | +4.04% | +4.46% | ||||||
| Quality | |||||||||
| ROE | % | +25.08% | +26.58% | ||||||
| ROIC | % | +9.21% | +9.97% | ||||||
| Operating margin | % | +10.20% | +10.18% | ||||||
| Gross margin | % | +19.81% | +20.06% | ||||||
| FCF/Sales | % | +7.88% | +8.50% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | +2.61% | +11.08% | ||||||
| Sales Growth YoY | % | +2.24% | +4.53% | ||||||
| Net Income Growth YoY | % | +0.19% | +7.71% | ||||||
| FCF Growth | % | +26.17% | +39.11% | ||||||
| Operating Profit Growth | % | -2.06% | -0.07% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | +1.58% | +1.60% | ||||||
| Dividend Growth | % | +11.68% | +18.76% | ||||||
| Payout Ratio | % | +30.92% | +29.87% | ||||||
| FCF/Debt | x | 0.17 | 0.22 | ||||||
| Net Debt/EBITDA | x | 2.13 | 1.88 | ||||||
| EBIT/Net interest | x | 6.44 | 6.63 | ||||||
| Net debt/market cap | % | +21.86% | +17.34% | ||||||
| Net debt/Equity | x | 0.81 | 0.68 | ||||||
| Gross debt/equity | x | 1.18 | 0.91 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
Northrop Grumman Corporation is a leading global player in the aerospace and defense sectors. Its Aeronautics Systems division is responsible for the full lifecycle of aircraft, from design and development to production, integration, and ongoing maintenance. This includes a diverse portfolio of crewed and uncrewed aerial platforms: advanced strategic long-range strike aircraft, tactical fighter and air superiority jets, and sophisticated airborne systems for battle management and command and control. Additionally, it specializes in autonomous uncrewed aircraft systems, such as high-altitude, long-endurance strategic intelligence, surveillance, and reconnaissance (ISR) platforms, alongside vertical take-off and landing tactical ISR systems. The Defense Systems segment focuses on creating and delivering a wide array of weapons and mission technologies. Its offerings encompass integrated battle management solutions, various weapons platforms, and specialized aircraft. Key products include command and control systems, munitions, and missiles, alongside precision strike capabilities. The segment is also at the forefront of propulsion technologies, offering both air-breathing and advanced hypersonic systems, as well as sophisticated gun systems and precision munitions. Beyond products, it provides comprehensive life-cycle support, including software services, ongoing maintenance, logistics, operational assistance, and modernization efforts for air, sea, and ground-based defense systems. Within its Mission Systems division, Northrop Grumman delivers critical capabilities spanning cybersecurity, C4ISR (command, control, communications, computers, intelligence, surveillance, and reconnaissance). This includes developing advanced sensing technologies such as radar, electro-optical/infrared, and acoustic sensors, alongside electronic warfare systems. The division also provides cutting-edge communications and networking solutions, intelligence processing, navigation systems, and maritime power, propulsion, and payload launch systems. Furthermore, it supplies airborne multifunction sensors, integrated maritime and land-based systems, targeting and survivability solutions, and robust networked information platforms. The Space Systems segment is a key provider of space-based solutions, delivering satellites and their associated payloads, along with essential ground control systems. It specializes in missile defense systems, including interceptors, and offers a range of launch vehicles with their propulsion components, as well as strategic missile technologies. Established in 1939, the corporation maintains its headquarters in Falls Church, Virginia.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Northrop Grumman Corporation (NOC)
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
Northrop Grumman Corporation is a leading global player in the aerospace and defense sectors. Its Aeronautics Systems division is responsible for the full lifecycle of aircraft, from design and development to production, integration, and ongoing maintenance. This includes a diverse portfolio of crewed and uncrewed aerial platforms: advanced strategic long-range strike aircraft, tactical fighter and air superiority jets, and sophisticated airborne systems for battle management and command and control. Additionally, it specializes in autonomous uncrewed aircraft systems, such as high-altitude, long-endurance strategic intelligence, surveillance, and reconnaissance (ISR) platforms, alongside vertical take-off and landing tactical ISR systems. The Defense Systems segment focuses on creating and delivering a wide array of weapons and mission technologies. Its offerings encompass integrated battle management solutions, various weapons platforms, and specialized aircraft. Key products include command and control systems, munitions, and missiles, alongside precision strike capabilities. The segment is also at the forefront of propulsion technologies, offering both air-breathing and advanced hypersonic systems, as well as sophisticated gun systems and precision munitions. Beyond products, it provides comprehensive life-cycle support, including software services, ongoing maintenance, logistics, operational assistance, and modernization efforts for air, sea, and ground-based defense systems. Within its Mission Systems division, Northrop Grumman delivers critical capabilities spanning cybersecurity, C4ISR (command, control, communications, computers, intelligence, surveillance, and reconnaissance). This includes developing advanced sensing technologies such as radar, electro-optical/infrared, and acoustic sensors, alongside electronic warfare systems. The division also provides cutting-edge communications and networking solutions, intelligence processing, navigation systems, and maritime power, propulsion, and payload launch systems. Furthermore, it supplies airborne multifunction sensors, integrated maritime and land-based systems, targeting and survivability solutions, and robust networked information platforms. The Space Systems segment is a key provider of space-based solutions, delivering satellites and their associated payloads, along with essential ground control systems. It specializes in missile defense systems, including interceptors, and offers a range of launch vehicles with their propulsion components, as well as strategic missile technologies. Established in 1939, the corporation maintains its headquarters in Falls Church, Virginia.
Unlock all fundamental data
Sign up for FreeUnlock all fundamental data
Sign up for Free