Northrop Grumman Corporation NOC
- Market cap
- $72.4B
- P/E
- 16.2×
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Northrop Grumman Corporation (NOC) EV/EBITDA
As of 25 September 2026, Northrop Grumman Corporation (NOC) trades at a EV/EBITDA of 13.8×. Over the past ten years it has ranged from 8.6× (April 2021) to 21.8× (September 2024); the current reading is higher than 47% of that period. That is below the Aerospace & Defense industry median of 18.7× and above the Industrials sector median of 12.9×.
EV/EBITDA, daily
Annual
| Period | EV/EBITDA | Change |
|---|---|---|
| FY2025 | 15.5× | 11.98% |
| FY2024 | 13.8× | (34.61%) |
| FY2023 | 21.1× | 12.42% |
| FY2022 | 18.8× | 81.68% |
| FY2021 | 10.3× | (8.46%) |
| FY2020 | 11.3× | (13.95%) |
| FY2019 | 13.1× | 9.71% |
| FY2018 | 12.0× | (21.60%) |
| FY2017 | 15.3× | 22.52% |
| FY2016 | 12.5× | 10.90% |
Quarterly
| Period | EV/EBITDA | Change |
|---|---|---|
| Jun 2026 | 13.8× | (18.73%) |
| Mar 2026 | 17.0× | 9.75% |
| Dec 2025 | 15.5× | (10.47%) |
| Sep 2025 | 17.3× | 14.51% |
| 42 more quarters | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| RKLB Rocket Lab Corporation compare | n/m |
| LMT Lockheed Martin Corporation compare | 12.6× |
| NOC Northrop Grumman Corporation | 13.8× |
| GD General Dynamics Corporation compare | 14.3× |
| LHX L3Harris Technologies Inc compare | 14.6× |
| TDG Transdigm Group Incorporated compare | 18.7× |
| HEI.A Heico Corporation compare | 23.7× |
| HEI Heico Corporation compare | 31.1× |
| HWM Howmet Aerospace Inc. compare | 34.5× |
| Aerospace & Defense industry median | 18.7× |
| Industrials sector median | 12.9× |
| Market median | 11.0× |
What EV/EBITDA is
Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)
More on NOC
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement