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. In the quarter to June 2026, revenue grew 5.07%, EPS fell 5.75%, free cash flow grew 53.5% and total debt fell 4.83%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years, revenue growth for three, operating cash flow growth for three.

519.86 20.23 +4.05%
Market cap
$71.0B
P/E
16.5×
Fwd P/E
19.5×
Dividend yield
1.84%
F-score
6/9
Altman Z
3.01
Beneish M
−2.42
Dividend safety
82/100

Northrop Grumman Corporation (NOC) EV/Sales

Alert me on EV/Sales

As of 16 October 2026, Northrop Grumman Corporation (NOC) trades at a EV/Sales of 2.0×. Over the past ten years it has ranged from 1.3× (January 2015) to 2.9× (March 2026); the current reading is higher than 46% of that period. That is below the Aerospace & Defense industry median of 3.4× and in line with the Industrials sector median of 1.9×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 2.2× 14.15%
FY2024 1.9× (7.25%)
FY2023 2.1× (17.90%)
FY2022 2.5× 27.01%
FY2021 2.0× 22.04%
FY2020 1.6× (19.39%)
FY2019 2.0× 11.50%
FY2018 1.8× (15.99%)
FY2017 2.2× 15.16%
FY2016 1.9× 11.27%

Quarterly newest first

Period EV/Sales Change
Jun 2026 2.0× (23.62%)
Mar 2026 2.6× 16.87%
Dec 2025 2.2× (10.04%)
Sep 2025 2.5× 16.74%
42 more quarters

Against its own ten years

Low 1.3× High 2.9×
Ten-year median 2.0×
Current reading's percentile 41

EV/Sales against peers

Company EV/Sales
GD General Dynamics Corporation compare 1.8×
LMT Lockheed Martin Corporation compare 1.9×
NOC Northrop Grumman Corporation 2.0×
LHX L3Harris Technologies Inc compare 2.4×
ESLT Elbit Systems Ltd. compare 4.1×
HEI.A Heico Corporation compare 6.7×
HEI Heico Corporation compare 8.8×
TDG Transdigm Group Incorporated compare 9.5×
HWM Howmet Aerospace Inc. compare 10.1×
Aerospace & Defense industry median 3.4×
Industrials sector median 1.9×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((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)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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