Northrop Grumman Corporation (NOC)

US — Industrials Sector
Peers: GD  TDG  UPS  LHX  LMT  EMR  MMM  WM  HWM  ITW 

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Key Metrics & Ratings

  • symbol NOC
  • Rev/Share 286.0098
  • Book/Share 111.7261
  • PB 5.8591
  • Debt/Equity 1.0607
  • CurrentRatio 1.1091
  • ROIC 0.0975

 

  • MktCap 93425983059.0
  • FreeCF/Share 12.8162
  • PFCF 50.9411
  • PE 23.308
  • Debt/Assets 0.344
  • DivYield 0.0137
  • ROE 0.2604

 

  • Rating B
  • Score 3
  • Recommendation Neutral
  • P/E Score 2
  • DCF Score 4
  • P/B Score 1
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Downgrade NOC Truist Buy Hold -- $623 Jan. 9, 2026
Upgrade NOC Alembic Global Advisors Neutral Overweight -- $662 Dec. 15, 2025
Initiation NOC Citigroup -- Buy -- $654 Dec. 12, 2025
Initiation NOC BNP Paribas Exane -- Outperform -- $710 Nov. 18, 2025
Upgrade NOC Deutsche Bank Hold Buy -- $700 Oct. 8, 2025
Downgrade NOC Deutsche Bank Buy Hold -- $542 July 8, 2025
Upgrade NOC Goldman Sell Neutral -- $521 April 11, 2025
Upgrade NOC RBC Capital Mkts Sector Perform Outperform $500 $575 March 27, 2025
Upgrade NOC Wolfe Research Underperform Peer Perform -- -- Feb. 3, 2025
Upgrade NOC Citigroup Neutral Buy -- $587 Jan. 21, 2025

News

These 2 Aerospace Stocks Could Beat Earnings: Why They Should Be on Your Radar
NOC, TDG
Published: January 14, 2026 by: Zacks Investment Research
Sentiment: Positive

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

Read More
image for news These 2 Aerospace Stocks Could Beat Earnings: Why They Should Be on Your Radar
Will Northrop Grumman (NOC) Beat Estimates Again in Its Next Earnings Report?
NOC
Published: January 09, 2026 by: Zacks Investment Research
Sentiment: Positive

Northrop Grumman (NOC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Read More
image for news Will Northrop Grumman (NOC) Beat Estimates Again in Its Next Earnings Report?
Defense CEOs Get Paid a Lot. Trump Is Pushing Them to Deliver.
LHX, NOC, RTX
Published: January 09, 2026 by: Barrons
Sentiment: Negative

The president ordered future contracts to ensure base salaries for defense company CEOs are capped at current levels if contractors fail to perform.

Read More
image for news Defense CEOs Get Paid a Lot. Trump Is Pushing Them to Deliver.
European Defense Stocks Rally. 3 Particularly Bullish Charts.
GD, LMT, NOC, RTX
Published: January 09, 2026 by: Barrons
Sentiment: Positive

A German contractor, Italian aerospace name, and British defense company.

Read More
image for news European Defense Stocks Rally. 3 Particularly Bullish Charts.
Northrop Grumman (NOC) Just Flashed Golden Cross Signal: Do You Buy?
NOC
Published: January 09, 2026 by: Zacks Investment Research
Sentiment: Positive

Northrop Grumman (NOC) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, NOC broke through the 20-day moving average, which suggests a short-term bullish trend.

Read More
image for news Northrop Grumman (NOC) Just Flashed Golden Cross Signal: Do You Buy?
These 2 Aerospace Stocks Could Beat Earnings: Why They Should Be on Your Radar
NOC, RTX
Published: January 09, 2026 by: Zacks Investment Research
Sentiment: Positive

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

Read More
image for news These 2 Aerospace Stocks Could Beat Earnings: Why They Should Be on Your Radar
Aerospace, defense stocks surge after Trump's proposed $1.5 trillion military spending budget — but are investors too optimistic?
GD, LMT, NOC, RTX
Published: January 08, 2026 by: Market Watch
Sentiment: Positive

ETFs that target aerospace and defense stocks are beating the S&P 500 so far in 2026.

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image for news Aerospace, defense stocks surge after Trump's proposed $1.5 trillion military spending budget — but are investors too optimistic?
S&P500 and Dow Jones: US Indices Hold Gains as Defense Stocks Surge on Trump Budget
GD, LMT, NOC, RTX
Published: January 08, 2026 by: FXEmpire
Sentiment: Positive

Dow Jones and S&P 500 hold record highs as defense stocks surge 5% on Trump's $1.5T military budget. Energy leads sectors up 2.5% while tech lags today.

Read More
image for news S&P500 and Dow Jones: US Indices Hold Gains as Defense Stocks Surge on Trump Budget
Why defense stocks are climbing
GD, LMT, NOC, RTX
Published: January 08, 2026 by: CNBC Television
Sentiment: Positive

CNBC's Morgan Brennan breaks down the rally in defense stocks.

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image for news Why defense stocks are climbing
Defense Stocks Rally as Trump Calls for Higher Military Budget
GD, NOC
Published: January 08, 2026 by: Schaeffers Research
Sentiment: Positive

Last night, President Donald Trump called on Truth Social for the U.S. military budget to increase to $1.5 trillion in 2027, citing "very troubled and dangerous times.

Read More
image for news Defense Stocks Rally as Trump Calls for Higher Military Budget
What's The Risk For Northrop Grumman Stock As Trump Curbs Dividends And Executive Pay?
NOC
Published: January 08, 2026 by: Forbes
Sentiment: Negative

Northrop Grumman (NOC) stock has decreased by 5.5% in a single day. This recent downturn reflects growing apprehensions regarding President Trump's threats to reduce dividends, buybacks, and executive compensation amid sluggish production, but significant declines like this frequently prompt a more challenging question: Is the weakness temporary, or does it indicate deeper issues in the overall narrative?

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image for news What's The Risk For Northrop Grumman Stock As Trump Curbs Dividends And Executive Pay?
Lockheed and Northrop shares dive as Trump says he'll ‘not permit' dividends and buybacks in defense sector
LMT, NOC
Published: January 07, 2026 by: Market Watch
Sentiment: Negative

President targets executive pay as he calls for faster production and maintenance of military equipment

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image for news Lockheed and Northrop shares dive as Trump says he'll ‘not permit' dividends and buybacks in defense sector
Trump Won't Let Defense Companies Issue Dividends and Buy Back Stock
GD, LMT, NOC, RTX
Published: January 07, 2026 by: Bloomberg Markets and Finance
Sentiment: Negative

President Donald Trump said he wouldn't allow defense companies to issue dividends or buy back their own stock until they invest more in production and research, comments that triggered a selloff across the sector. Stocks for contractors took a hit during the session on Wednesday.

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image for news Trump Won't Let Defense Companies Issue Dividends and Buy Back Stock
Trump says he will not permit dividends and stock buybacks for defense companies
GD, LMT, NOC, RTX
Published: January 07, 2026 by: CNBC Television
Sentiment: Negative

President Donald Trump on Wednesday said he “will not permit” defense companies to issue dividends or stock buybacks until those firms address his complaints about the industry. Trump, in a lengthy Truth Social post, also took aim at defense contractors' executive pay packages, calling them “exorbitant and unjustifiable given how slowly these Companies are delivering vital Equipment to our Military, and our Allies.

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image for news Trump says he will not permit dividends and stock buybacks for defense companies
Northrop Grumman Announces Date for Fourth Quarter and Full-Year 2025 Financial Results and Webcast
NOC
Published: December 18, 2025 by: GlobeNewsWire
Sentiment: Neutral

FALLS CHURCH, Va., Dec. 18, 2025 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announced today that its fourth quarter and full-year 2025 financial results will be released on Tuesday, January 27, 2026, prior to the market opening.

Read More
image for news Northrop Grumman Announces Date for Fourth Quarter and Full-Year 2025 Financial Results and Webcast
Top 5 Stocks Impacted by Potential Armed Conflict With Venezuela
CVX, LMT, NOC, RTX, XOM
Published: December 11, 2025 by: 24/7 Wall Street
Sentiment: Negative

The United States has assembled its largest military presence in the Caribbean since 1989, with more than 15,000 troops deployed near Venezuela.

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image for news Top 5 Stocks Impacted by Potential Armed Conflict With Venezuela
Northrop Grumman Secures a Contract to Aid SiAW and AARGM-ER Programs
NOC
Published: December 10, 2025 by: Zacks Investment Research
Sentiment: Positive

NOC wins a $100M contract to bolster SiAW and AARGM-ER programs, expanding its role in advanced missile systems through 2034.

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image for news Northrop Grumman Secures a Contract to Aid SiAW and AARGM-ER Programs
Northrop Wins Deal to Produce High Explosive Proximity for US Army
NOC
Published: December 09, 2025 by: Zacks Investment Research
Sentiment: Positive

NOC secures a $200M contract to produce XM1211 proximity-fuzed rounds aimed at boosting short-range air defense against small UAS.

Read More
image for news Northrop Wins Deal to Produce High Explosive Proximity for US Army
3 Stocks to Watch as Geopolitics Drives Defense Spending Boom
GD, NOC, RTX
Published: December 01, 2025 by: Zacks Investment Research
Sentiment: Positive

Geopolitics fuels a spending surge that's lifting RTX, GD and NOC as missile, shipbuilding and space demand drive standout 2025 gains.

Read More
image for news 3 Stocks to Watch as Geopolitics Drives Defense Spending Boom
Ex-Dividend Reminder: ITT, Lockheed Martin And Northrop Grumman
ITT, LMT, NOC
Published: November 28, 2025 by: Forbes
Sentiment: Neutral

On 12/1/25, ITT, Lockheed Martin, and Northrop Grumman will all trade ex-dividend for their respective upcoming dividends. ITT will pay its quarterly dividend of $0.351 on 12/31/25, Lockheed Martin will pay its quarterly dividend of $3.45 on 12/30/25, and Northrop Grumman will pay its quarterly dividend of $2.31 on 12/17/25.

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image for news Ex-Dividend Reminder: ITT, Lockheed Martin And Northrop Grumman
NOC Secures a Contract to Aid Stand-In Attack Weapon Subsystem
NOC
Published: November 26, 2025 by: Zacks Investment Research
Sentiment: Neutral

Northrop Grumman lands a $100M contract to advance Stand-in Attack Weapon work, bolstering active-seeker development and strike capabilities.

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image for news NOC Secures a Contract to Aid Stand-In Attack Weapon Subsystem
Why Is Northrop Grumman (NOC) Down 5.3% Since Last Earnings Report?
NOC
Published: November 20, 2025 by: Zacks Investment Research
Sentiment: Negative

Northrop Grumman (NOC) reported earnings 30 days ago. What's next for the stock?

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image for news Why Is Northrop Grumman (NOC) Down 5.3% Since Last Earnings Report?
Northrop Grumman Corporation (NOC) Presents at Baird 55th Annual Global Industrial Conference Transcript
NOC
Published: November 12, 2025 by: Seeking Alpha
Sentiment: Neutral

Northrop Grumman Corporation ( NOC ) Baird 55th Annual Global Industrial Conference November 12, 2025 9:30 AM EST Company Participants Kathy Warden - Chair, CEO & President Conference Call Participants Peter Arment - Robert W. Baird & Co. Incorporated, Research Division Presentation Peter Arment Robert W.

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image for news Northrop Grumman Corporation (NOC) Presents at Baird 55th Annual Global Industrial Conference Transcript
Nothing Can Stop Defense Stocks Right Now
AVAV, GD, HII, KTOS, LHX, LMT, NOC, RTX
Published: November 04, 2025 by: Schaeffers Research
Sentiment: Positive

Subscribers to Chart of the Week received this commentary on Sunday, November 2.

Read More
image for news Nothing Can Stop Defense Stocks Right Now
KTOS vs. NOC: Which Defense Tech Stock Is the Smarter Buy?
KTOS, NOC
Published: October 30, 2025 by: Zacks Investment Research
Sentiment: Positive

Kratos Defense and Northrop Grumman demonstrate different approaches in a rapidly growing sector as investor interest in space soars.

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image for news KTOS vs. NOC: Which Defense Tech Stock Is the Smarter Buy?
The Top 3 AI-Focused Defense Stocks to Put on Your Radar
LMT, NOC, RTX
Published: October 23, 2025 by: MarketBeat
Sentiment: Positive

In an era defined by a renewed great power competition and the dawn of autonomous warfare, the most compelling defense investments are shifting from traditional hardware manufacturers to the firms best positioned to dominate the technological arms race in artificial intelligence (AI), unmanned systems, and space. The defense sector has returned to the spotlight, driven by a strategic pivot toward technological superiority.

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image for news The Top 3 AI-Focused Defense Stocks to Put on Your Radar
Northrop Grumman (NOC) Surpasses Q3 Earnings Estimates
NOC
Published: October 21, 2025 by: Zacks Investment Research
Sentiment: Positive

Northrop Grumman (NOC) came out with quarterly earnings of $7.67 per share, beating the Zacks Consensus Estimate of $6.49 per share. This compares to earnings of $7 per share a year ago.

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image for news Northrop Grumman (NOC) Surpasses Q3 Earnings Estimates
Northrop Grumman Stock Tumbles on Guidance Cut and Third-Quarter Sales Miss
NOC
Published: October 21, 2025 by: Barrons
Sentiment: Negative

The defense contractor says it expects lower sales in its aeronautics-systems business for the full year.

Read More
image for news Northrop Grumman Stock Tumbles on Guidance Cut and Third-Quarter Sales Miss
Northrop Grumman Releases Third Quarter 2025 Financial Results
NOC
Published: October 21, 2025 by: GlobeNewsWire
Sentiment: Neutral

FALLS CHURCH, Va., Oct. 21, 2025 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has released its third quarter 2025 financial results. A copy of the earnings release has been furnished in the company's Form 8-K filing and is also available on the company's investor relations website at http://investor.northropgrumman.com.

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image for news Northrop Grumman Releases Third Quarter 2025 Financial Results
Will Space Unit's Performance Weigh on Northrop's Q3 Earnings?
NOC
Published: October 17, 2025 by: Zacks Investment Research
Sentiment: Neutral

NOC's Q3 results are likely to see strength from Aeronautics and Defense units, though Space Systems' weakness could weigh on earnings.

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image for news Will Space Unit's Performance Weigh on Northrop's Q3 Earnings?

About Northrop Grumman Corporation (NOC)

  • IPO Date 1981-12-31
  • Website https://www.northropgrumman.com
  • Industry Aerospace & Defense
  • CEO Kathy J. Warden
  • Employees 97000

Northrop Grumman Corporation operates as an aerospace and defense company worldwide. The company's Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic ISR systems and vertical take-off and landing tactical ISR systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems. Its Defense Systems segment designs, develops, and produces weapons and mission systems. It offers products and services, such as integrated battle management systems, weapons systems and aircraft, and mission systems. This segment also provides command and control and weapons systems, including munitions and missiles; precision strike weapons; propulsion, such as air-breathing and hypersonic systems; gun systems and precision munitions; life cycle service and support for software, weapons systems, and aircraft; and logistics support, sustainment, operation, and modernization for air, sea, and ground systems. The company's Mission Systems segment offers cyber, command, control, communications and computers, intelligence, surveillance, and reconnaissance systems; radar, electro-optical/infrared and acoustic sensors; electronic warfare systems; advanced communications and network systems; cyber solutions; intelligence processing systems; navigation; and maritime power, propulsion, and payload launch systems. This segment also provides airborne multifunction sensors; maritime/land systems and sensors; navigation, targeting, and survivability solutions; and networked information solutions. Its Space Systems segment offers satellites and payloads; ground systems; missile defense systems and interceptors; launch vehicles and related propulsion systems; and strategic missiles. The company was founded in 1939 and is based in Falls Church, Virginia.