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NOC
Northrop Grumman Corporation
$548.67
7.86
(1.45%)
| Exchange: | NYSE |
| Market Cap: | 77.929B |
| Shares Outstanding: | 92.613M |
Delayed data
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 is a leading global player in the aerospace and defense sectors. Its Aeronautics Systems division is responsible for the full lifecycle of aircraft, from design and development to production, integration, and ongoing maintenance. This includes a diverse portfolio of crewed and uncrewed aerial platforms: advanced strategic long-range strike aircraft, tactical fighter and air superiority jets, and sophisticated airborne systems for battle management and command and control. Additionally, it specializes in autonomous uncrewed aircraft systems, such as high-altitude, long-endurance strategic intelligence, surveillance, and reconnaissance (ISR) platforms, alongside vertical take-off and landing tactical ISR systems. The Defense Systems segment focuses on creating and delivering a wide array of weapons and mission technologies. Its offerings encompass integrated battle management solutions, various weapons platforms, and specialized aircraft. Key products include command and control systems, munitions, and missiles, alongside precision strike capabilities. The segment is also at the forefront of propulsion technologies, offering both air-breathing and advanced hypersonic systems, as well as sophisticated gun systems and precision munitions. Beyond products, it provides comprehensive life-cycle support, including software services, ongoing maintenance, logistics, operational assistance, and modernization efforts for air, sea, and ground-based defense systems. Within its Mission Systems division, Northrop Grumman delivers critical capabilities spanning cybersecurity, C4ISR (command, control, communications, computers, intelligence, surveillance, and reconnaissance). This includes developing advanced sensing technologies such as radar, electro-optical/infrared, and acoustic sensors, alongside electronic warfare systems. The division also provides cutting-edge communications and networking solutions, intelligence processing, navigation systems, and maritime power, propulsion, and payload launch systems. Furthermore, it supplies airborne multifunction sensors, integrated maritime and land-based systems, targeting and survivability solutions, and robust networked information platforms. The Space Systems segment is a key provider of space-based solutions, delivering satellites and their associated payloads, along with essential ground control systems. It specializes in missile defense systems, including interceptors, and offers a range of launch vehicles with their propulsion components, as well as strategic missile technologies. Established in 1939, the corporation maintains its headquarters 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) | 54,341,945.255 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (High) | 55,869,940.674 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (Avg) | 55,007,313.394 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Low) | 9,790,810.764 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (High) | 10,066,110.331 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Avg) | 9,910,690.417 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Low) | 5,229,682.486 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (High) | 5,421,550.513 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Avg) | 5,313,231.724 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Low) | 3,298,000.846 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (High) | 3,390,734.556 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Avg) | 3,338,381.894 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Avg) | 36.950 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (High) | 37.700 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Low) | 36.370 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated Revenue) | 8 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated EPS) | 6 | 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.
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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
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Daily snapshot
1.45
Trading Metrics:
| Open: | 538.35 | Previous Close: | 540.81 | |
| Day Low: | 537.44 | Day High: | 548.74 | |
| Year Low: | 472.02 | Year High: | 774 | |
| Price Avg 50: | 598.12 | Price Avg 200: | 617.75 | |
| Volume: | 903758 | Average Volume: | 828314 |
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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…
