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) P/E ratio

As of 25 September 2026, Northrop Grumman Corporation (NOC) trades at a P/E ratio of 16.2×. Over the past ten years it has ranged from 8.5× (February 2022) to 35.6× (January 2024); the current reading is higher than 31% of that period. That is below the Aerospace & Defense industry median of 33.0× and below the Industrials sector median of 24.8×.

P/E ratio, daily

Annual

Period P/E ratio Change
FY2025 19.5× 18.22%
FY2024 16.5× (52.49%)
FY2023 34.8× 103.11%
FY2022 17.1× 93.15%
FY2021 8.9× (44.64%)
FY2020 16.0× (38.33%)
FY2019 26.0× 78.54%
FY2018 14.6× (21.91%)
FY2017 18.6× (9.38%)
FY2016 20.6× 14.58%

Quarterly

Period P/E ratio Change
Jun 2026 16.1× (24.23%)
Mar 2026 21.3× 9.07%
Dec 2025 19.5× (10.68%)
Sep 2025 21.9× 18.94%
42 more quarters

Against its own ten years

Low 8.5× High 35.6×
Ten-year median 18.1×
Current reading's percentile 31

P/E ratio against peers

Company P/E ratio
RKLB Rocket Lab Corporation compare n/m
NOC Northrop Grumman Corporation 16.2×
LMT Lockheed Martin Corporation compare 19.1×
GD General Dynamics Corporation compare 20.3×
LHX L3Harris Technologies Inc compare 23.9×
TDG Transdigm Group Incorporated compare 33.9×
HEI.A Heico Corporation compare 38.2×
HWM Howmet Aerospace Inc. compare 49.9×
HEI Heico Corporation compare 50.7×
Aerospace & Defense industry median 33.0×
Industrials sector median 24.8×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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