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Friday 6 November 2026 Export NOC’s income statement to Excel — free account

Northrop Grumman Corporation

NOC Industrials Aerospace & Defense

Northrop Grumman Corporation’s revenue for fiscal 2025 (year ended December 2025) was $42.0 billion, up 2.24% from fiscal 2024.

Revenue
+6.71%
EPS
+2.86%
Free cash flow
+44.1%
Total debt
−4.81%

Quarter to September 2026, against a year earlier

524.83 0.52 −0.10%
Market cap
$74.6B
P/E
16.5×
Fwd P/E
18.7×
Dividend yield
1.82%
F-score
6/9
Altman Z
3.01
Beneish M
−2.42
Dividend safety
82/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Northrop Grumman Corporation (NOC) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Northrop Grumman Corporation (NOC) trades at a EV/EBITDA of 13.9×. Over the past ten years it has ranged from 8.6× (April 2021) to 21.8× (September 2024); the current reading is higher than 48% of that period. That is below the Aerospace & Defense industry median of 16.9× and above the Industrials sector median of 12.4×.

EV/EBITDA, daily

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Annual newest first

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 newest first

Period EV/EBITDA Change
Sep 2026 12.9× (6.45%)
Jun 2026 13.8× (18.73%)
Mar 2026 17.0× 9.75%
Dec 2025 15.5× (10.47%)
43 more quarters

Against its own ten years

Low 8.6× High 21.8×
Ten-year median 14.1×
Current reading's percentile 48

EV/EBITDA against peers

Company EV/EBITDA
LMT Lockheed Martin Corporation compare 13.4×
NOC Northrop Grumman Corporation 13.9×
GD General Dynamics Corporation compare 14.6×
LHX L3Harris Technologies Inc compare 14.8×
HONA Honeywell Aerospace inc. compare 15.6×
TDG Transdigm Group Incorporated compare 19.6×
HEI.A Heico Corporation compare 24.8×
HWM Howmet Aerospace Inc. compare 27.4×
HEI Heico Corporation compare 32.8×
Aerospace & Defense industry median 16.9×
Industrials sector median 12.4×
Market median 10.9×

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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