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NOC
Northrop Grumman Corporation
$702.5
5.5
(0.79%)
| Exchange: | NYSE |
| Market Cap: | 99.7B |
| Shares Outstanding: | 92.613M |
About The Company
| Sector: | Industrials | |||||
| Industry: | Aerospace & Defense | |||||
| CEO: | Kathy J. Warden | |||||
| Full Time Employees: | 97000 | |||||
| Address: |
| |||||
| Website: | https://www.northropgrumman.com |
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.
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Revenue Segmentation
EPS
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Earnings Call
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Key takeaways
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Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 39,290,000 | 41,033,000 | 41,954,000 |
| Gross Profit | 6,551,000 | 8,362,000 | 8,313,000 |
| EBITDA | 4,229,000 | 6,839,000 | 7,205,000 |
| Operating Income | 2,537,000 | 4,370,000 | 4,280,000 |
| Net Income | 2,056,000 | 4,174,000 | 4,182,000 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 46,544,000 | 49,359,000 | 51,377,000 |
| Total Liabilities | 31,749,000 | 34,069,000 | 34,703,000 |
| Total Stockholders Equity | 14,795,000 | 15,290,000 | 16,674,000 |
| Total Debt | 16,048,000 | 18,396,000 | 1,857,000 |
| Cash and Cash Equivalents | 3,109,000 | 4,353,000 | 4,403,000 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 3,875,000 | 4,388,000 | 4,757,000 |
| Capital Expenditure | -1,775,000 | -1,767,000 | -1,450,000 |
| Free Cash Flow | 2,100,000 | 2,621,000 | 3,307,000 |
| Net Income | 2,056,000 | 4,174,000 | 4,182,000 |
| Net Change in Cash | 532,000 | 1,244,000 | 50,000 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2030 | Full Access | Full Access | Full Access | Full Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 54,762,135.120 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (High) | 56,675,276.344 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (Avg) | 55,621,000 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Low) | 9,866,516.546 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (High) | 10,211,207.992 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Avg) | 10,021,258.587 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Low) | 5,253,251.306 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (High) | 5,492,961.594 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Avg) | 5,360,864.037 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Low) | 3,323,502.078 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (High) | 3,439,610.203 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Avg) | 3,375,626.400 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Avg) | 37.280 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (High) | 38.200 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Low) | 36.530 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated Revenue) | 7 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated EPS) | 5 | Full Access | Full Access | Full Access | Full Access |
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Current Key Metrics
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Login — it's freeForward P/E Ratios
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Login — it's freeSWOT Analysis
Strengths (preview)
- Robust Revenue Performance: NOC has demonstrated consistent revenue growth as reflected in historical income statements, supported by strong demand in the defense and aerospace sectors. Recent earnings call summaries indicate record revenue achievements, aligning with industry trends in defense spending.
- Strong Operating Cash Flow: Cash flow statements highlight significant net cash provided by operating activities, alongside healthy free cash flow figures. This financial stability supports ongoing capital expenditures and innovation in key product segments.
- Solid Market Position: As a major player in the aerospace and defense industry, NOC benefits from a large market capitalization and a diversified portfolio across product and geographic segments, reducing dependency on any single revenue stream.
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Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MARKETSnap estimates NOC intrinsic value between $261.82 – $485.98 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
Common questions about NOC valuation
Is Northrop Grumman Corporation (NOC) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for Northrop Grumman Corporation (NOC) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is NOC a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether NOC trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is NOC’s P/E ratio?
You can see NOC’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for NOC?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is NOC a good long-term investment?
Whether NOC fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
NOC
1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.
Daily snapshot
0.79
Trading Metrics:
| Open: | 701.05 | Previous Close: | 697 | |
| Day Low: | 698.19 | Day High: | 708.55 | |
| Year Low: | 450.13 | Year High: | 774 | |
| Price Avg 50: | 708.59 | Price Avg 200: | 607.31 | |
| Volume: | 389081 | Average Volume: | 850393 |
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Login — it's freeNOC full analysis
Welcome to MARKETSNAP’s SWOT analysis for Northrop Grumman Corporation, or NOC as it’s known on the ticker. If you’re a long-term investor looking to dive deep into a major player in the defense and aerospace sector, you’ve come to the right place. Today, we’re breaking down the strengths, weaknesses, opportunities, and threats for Northrop Grumman, a company that’s been a cornerstone of innovation in military tech and space exploration. Let’s unpack what’s driving this stock, what’s holding it back, and…
