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Saturday 17 October 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. 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
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Northrop Grumman Corporation (NOC) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Northrop Grumman Corporation (NOC) trades at a P/E ratio of 16.5×. Over the past ten years it has ranged from 8.5× (February 2022) to 35.6× (January 2024); the current reading is higher than 34% of that period. That is below the Aerospace & Defense industry median of 31.8× and below the Industrials sector median of 24.7×.

P/E ratio, daily

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Annual newest first

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 newest first

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 34

P/E ratio against peers

Company P/E ratio
NOC Northrop Grumman Corporation 16.5×
LMT Lockheed Martin Corporation compare 20.3×
GD General Dynamics Corporation compare 20.7×
LHX L3Harris Technologies Inc compare 25.0×
TDG Transdigm Group Incorporated compare 34.6×
HEI.A Heico Corporation compare 38.3×
HWM Howmet Aerospace Inc. compare 47.4×
HEI Heico Corporation compare 51.0×
ESLT Elbit Systems Ltd. compare 55.2×
Aerospace & Defense industry median 31.8×
Industrials sector median 24.7×
Market median 18.1×

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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