Northrop Grumman Corporation NOC

510.52 1.54 0.30% as of 25 Sep
Market cap
$72.4B
P/E
16.2×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

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

Against its own ten years

Low 8.6× High 21.8×
Ten-year median 14.1×
Current reading's percentile 47

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)

The full definition of EV/EBITDA →

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