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NOC

NOC - Northrop Grumman Corp Stock Price, Fair Value and News

461.37USD+4.32 (+0.95%)Market Closed
Watchlist

Market Summary

USD461.37+4.32
Market Closed
0.95%

NOC Alerts

  • 4 major insider sales recently.
  • Big fall in earnings (Y/Y)
  • Losses in recent quarter

NOC Stock Price

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NOC RSI Chart

NOC Valuation

Market Cap

69.2B

Price/Earnings (Trailing)

33.67

Price/Sales (Trailing)

1.76

EV/EBITDA

21.69

Price/Free Cashflow

32.96

NOC Price/Sales (Trailing)

NOC Profitability

EBT Margin

5.97%

Return on Equity

13.9%

Return on Assets

4.42%

Free Cashflow Yield

3.03%

NOC Fundamentals

NOC Revenue

Revenue (TTM)

39.3B

Rev. Growth (Yr)

6.03%

Rev. Growth (Qtr)

8.83%

NOC Earnings

Earnings (TTM)

2.1B

Earnings Growth (Yr)

-125.72%

Earnings Growth (Qtr)

-157.1%

Breaking Down NOC Revenue

Last 7 days

-0.9%

Last 30 days

-6.3%

Last 90 days

-2.8%

Trailing 12 Months

-2.8%

How does NOC drawdown profile look like?

NOC Financial Health

Current Ratio

1.15

Debt/Equity

0.93

Debt/Cashflow

0.28

NOC Investor Care

Dividend Yield

1.59%

Dividend/Share (TTM)

7.34

Buy Backs (1Y)

1.97%

Diluted EPS (TTM)

13.54

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202337.1B37.9B38.7B39.3B
202235.3B35.0B35.2B36.6B
202137.3B37.6B37.2B35.7B
202034.3B34.7B35.3B36.8B
201931.5B32.9B33.3B33.8B
201826.3B27.0B28.5B30.1B
201725.0B25.4B25.8B26.0B
201623.5B23.6B23.8B24.5B
201524.1B23.9B23.9B23.5B
201424.4B24.1B24.0B24.0B
201325.1B25.1B25.0B24.7B
201225.9B25.6B25.2B25.2B
201128.0B27.3B26.8B26.4B
201028.0B28.2B28.5B28.1B
200925.1B23.5B21.9B27.6B
200829.3B28.3B27.3B26.3B
200700030.3B

Tracking the Latest Insider Buys and Sells of Northrop Grumman Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 20, 2024
simpson kathryn g
sold
-322,239
453
-711
corp vp & general counsel
Feb 16, 2024
caylor mark a
sold (taxes)
-736,869
450
-1,634
cvp & pres, mission systems
Feb 16, 2024
jones thomas h
sold (taxes)
-745,437
450
-1,653
cvp & pres aeronautics systems
Feb 16, 2024
hardesty michael a
sold
-430,103
450
-955
corp vp, controller & cao
Feb 16, 2024
hardesty michael a
gifted
-
-
-800
corp vp, controller & cao
Feb 16, 2024
simpson kathryn g
sold
-573,321
450
-1,273
corp vp & general counsel
Feb 16, 2024
jones thomas h
acquired
-
-
3,284
cvp & pres aeronautics systems
Feb 16, 2024
hardesty michael a
sold (taxes)
-156,032
450
-346
corp vp, controller & cao
Feb 16, 2024
roeder roshan s
sold (taxes)
-50,507
450
-112
cvp & pres. defense systems
Feb 16, 2024
hardesty michael a
acquired
-
-
766
corp vp, controller & cao

1–10 of 50

Which funds bought or sold NOC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Feb 22, 2024
J. Stern & Co. LLP
new
-
330,602
330,602
0.06%
Feb 21, 2024
CHELSEA COUNSEL CO
unchanged
-
43,211
723,745
0.38%
Feb 21, 2024
American Trust
reduced
-2.53
60,618
1,715,730
0.13%
Feb 21, 2024
WNY Asset Management, LLC
new
-
229,960
229,960
0.04%
Feb 21, 2024
SMITH SHELLNUT WILSON LLC /ADV
unchanged
-
18,167
304,291
0.17%
Feb 21, 2024
V-Square Quantitative Management LLC
added
9.57
30,409
214,408
0.04%
Feb 21, 2024
Raleigh Capital Management Inc.
added
500
7,107
8,458
-%
Feb 20, 2024
Quarry LP
sold off
-100
-11,885
-
-%
Feb 20, 2024
VOISARD ASSET MANAGEMENT GROUP, INC.
new
-
1,405
1,405
-%
Feb 16, 2024
Aspect Partners, LLC
new
-
328,634
328,634
0.21%

1–10 of 46

Are Funds Buying or Selling NOC?

Are funds buying NOC calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own NOC
No. of Funds

Unveiling Northrop Grumman Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
8.03%
12,107,227
SC 13G/A
Feb 09, 2024
capital international investors
7.6%
11,463,371
SC 13G/A
Jan 30, 2024
state street corp
9.19%
13,860,192
SC 13G/A
Jan 29, 2024
blackrock inc.
6.3%
9,492,177
SC 13G/A
Feb 13, 2023
capital international investors
7.9%
12,116,134
SC 13G/A
Feb 10, 2023
state street corp
9.21%
14,174,865
SC 13G/A
Feb 09, 2023
vanguard group inc
7.95%
12,230,478
SC 13G/A
Feb 06, 2023
wellington management group llp
4.24%
6,526,505
SC 13G/A
Feb 01, 2023
blackrock inc.
6.3%
9,687,911
SC 13G/A
Feb 14, 2022
state street corp
9.37%
14,858,773
SC 13G/A

Recent SEC filings of Northrop Grumman Corp

View All Filings
Date Filed Form Type Document
Feb 23, 2024
4
Insider Trading
Feb 23, 2024
4
Insider Trading
Feb 23, 2024
4
Insider Trading
Feb 21, 2024
4
Insider Trading
Feb 21, 2024
4
Insider Trading
Feb 21, 2024
4
Insider Trading
Feb 21, 2024
4
Insider Trading
Feb 21, 2024
4
Insider Trading
Feb 21, 2024
4
Insider Trading
Feb 21, 2024
4
Insider Trading

What is the Fair Value of NOC?

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Disclaimer: Conduct thorough research and seek guidance from a certified financial advisor prior to finalizing any investment choices.

Peers (Alternatives to Northrop Grumman Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
122.5B
77.8B
-6.34% -4.23%
-55.13
1.57
16.79% 54.97%
75.0B
42.3B
5.74% 15.53%
22.63
1.77
7.27% -2.21%
40.8B
19.4B
2.01% -1.71%
33.22
2.1
13.81% 15.54%
27.3B
3.0B
12.24% 12.02%
67.68
9.2
34.41% 14.76%
27.0B
6.6B
13.11% 55.03%
35.33
4.07
17.25% 63.11%
20.3B
1.5B
7.62% 46.19%
138.78
13.82
36.96% 39.90%
11.4B
11.5B
11.94% 28.81%
16.75
1
7.29% 17.62%
MID-CAP
9.1B
2.8B
5.04% 36.70%
25.75
3.21
11.28% 20.44%
8.2B
2.4B
9.69% 46.84%
36.88
3.43
8.83% -28.61%
3.5B
653.6M
-1.86% 41.02%
-28.54
5.3
47.60% -1448.45%
SMALL-CAP
712.8M
757.0M
-2.15% -12.49%
44.75
0.94
6.24% -44.67%
659.5M
4.9M
-12.32% -62.85%
-1.2
135.71
206.82% -27.68%
142.3M
34.8M
-0.61% -5.24%
23.61
4.09
25.48% 9.12%
61.6M
20.9M
-15.95% -24.64%
19.73
2.97
-5.63% -27.37%
13.0M
2.0M
2.26% -36.57%
-1.26
6.51
371.33% -12.99%

Northrop Grumman Corp News

Latest updates
MarketBeat9 hours ago
Yahoo Finance46 hours ago
InvestorsObserver20 Feb 202406:47 pm
Markets Insider20 Feb 202403:44 pm

Northrop Grumman Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue8.8%10,6389,7759,5769,30110,0338,9718,8018,7978,6398,7209,1519,15710,2129,0838,8848,6208,7218,4758,4568,1898,156
Operating Expenses25.9%11,0318,7598,6098,3549,1278,1277,8477,9007,8977,6778,1078,3159,0608,0987,8907,686-----
  S&GA Expenses-14.3%8781,0251,0731,0389189741,005976809891999898938855832788970776784760744
EBITDA Margin-47.2%0.09*0.18*0.18*0.19*0.20*0.23*0.23*0.24*0.29*0.19*0.19*----------
Income Taxes-222.7%-222181175156372175204189635212265821-25.00181198185-16012216717147.00
Earnings Before Taxes-167.7%-7571,1189879982,4521,0901,1501,1443,3451,2751,3023,0163051,1671,2031,053-5691,0551,0281,034403
EBT Margin-58.4%0.06*0.14*0.15*0.15*0.16*0.19*0.20*0.20*0.25*0.16*0.15*----------
Net Income-157.1%-5359378128422,0809159469552,7101,0631,0372,1953309861,005868-409933861863356
Net Income Margin-56.7%0.05*0.12*0.12*0.13*0.13*0.16*0.16*0.16*0.20*0.12*0.12*----------
Free Cashflow87.2%1,627869615-1,0111,6191,039-460-732709916798----------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets3.7%46,54444,89645,60944,24443,75542,73341,91441,90342,57942,34642,14241,42344,46944,77243,47543,20341,08940,55339,58439,75137,653
  Current Assets4.2%13,70613,15013,86912,81012,48812,29811,63711,55612,42612,92812,76212,25315,34414,55213,17913,12810,68510,83610,15910,4439,680
    Cash Equivalents49.3%3,1092,0823,3842,4952,5771,6661,1692,1743,5304,0553,9413,5174,9074,9954,1783,2782,2451,1271,0888481,579
  Inventory---------811---759--785783810810778654
  Net PPE5.2%9,6539,1738,9768,8388,8008,3258,1258,0177,8947,2777,1647,0937,0717,1877,0636,9566,9126,6116,5226,4206,372
  Goodwill0.0%17,51717,51417,51717,51617,51617,51617,51817,52317,51517,51617,51817,51817,51818,71118,70718,69818,70818,70718,70818,69818,672
Liabilities9.6%31,74928,96830,12329,10828,44328,79028,26328,61629,65330,92930,97030,89833,89034,30533,76334,14132,27030,82230,37031,01229,466
  Current Liabilities15.9%11,94210,30511,55710,48311,58710,8128,9768,8509,5308,8198,5918,3679,58010,1099,72710,1779,4348,4168,1558,8218,274
  Long Term Debt-0.1%13,78613,79313,79613,77011,80511,80312,83412,82512,77712,77412,76412,76414,26114,26014,25914,29912,77013,82613,83813,86313,883
    LT Debt, Current9.4%70.0064.001,0971,0821,0721,06914.007.006.006.006.0042.007421,8061,8031,7901,10945.00545523517
    LT Debt, Non Current-0.1%13,78613,79313,79613,77011,80511,80312,83412,82512,77712,77412,76412,76414,26114,26014,25914,29912,770----
Shareholder's Equity-7.1%14,79515,92815115215,31213,94315515612,92611,4171608.0058.0010,46710.001671689,731169170171
  Retained Earnings-7.2%14,77315,92415,48515,13515,31213,95513,65513,27712,91311,39811,14410,48710,48210,3949,6529,0118,7489,6499,1208,6288,068
  Additional Paid-In Capital------------8.0058.0027.0010.00------
Accumulated Depreciation2.9%7,9647,7427,6117,4487,2587,2437,0996,9616,8196,8116,6406,4716,3356,2596,1035,9525,8505,7095,6285,4935,369
Shares Outstanding-0.5%150151151152153155156156160161161163---------
Float---68,900---74,000---58,200---51,200---54,500--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations97.9%2,4301,228919-7022,2511,335-197-4881,4421,1631,028-66.001,6021,3592,337-9932,4641,1391,607-9132,377
  Share Based Compensation35.3%23.0017.0028.0019.0027.0030.0024.0018.0023.0031.0022.0018.0029.0025.0018.0018.0034.0038.0029.0026.004.00
Cashflow From Investing-285.0%-770-200-303-309-578-195-219-249-741-223-1743,196-383-289-269-270-422-250-255-280-458
Cashflow From Financing72.8%-633-2,330273929-762-643-589-619-1,226-826-430-4,520-1,307-253-1,1682,296-924-850-1,112462-1,568
  Dividend Payments0.7%282280284270266267268251246251248238242242242227222223224211205
  Buy Backs-561-1.007238391.001.003181,333-21.002,00073.00--344492--60.001,142

NOC Income Statement

2023-12-31
Consolidated Statements of Earnings and Comprehensive Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues$ 39,290$ 36,602$ 35,667
Operating income2,5373,6015,651
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax23(16)(7)
Other Comprehensive Income (Loss), Other Components, Net of Tax26(8)
Operating costs and expenses   
General and administrative expenses4,0143,8733,597
Total operating costs and expenses36,75333,00131,996
Gain on sale of business001,980
Operating income2,5373,6015,651
Other (expense) income   
Interest expense(545)(506)(556)
Non-operating FAS pension benefit5301,5051,469
Mark-to-market pension and OPB (expense) benefit(422)1,2322,355
Other, net246419
Earnings before income taxes2,3465,8368,938
Federal and foreign income tax expense2909401,933
Net earnings$ 2,056$ 4,896$ 7,005
Basic earnings per share   
Basic earnings per share$ 13.57$ 31.61$ 43.70
Weighted-average common shares outstanding, in millions151.5154.9160.3
Diluted earnings per share   
Diluted earnings per share$ 13.53$ 31.47$ 43.54
Weighted-average diluted shares outstanding, in millions152.0155.6160.9
Net earnings (from above)$ 2,056$ 4,896$ 7,005
Other comprehensive income (loss), net of tax   
Other comprehensive income (loss), net of tax25(10)(15)
Comprehensive income2,0814,8866,990
Product [Member]   
Cost of Goods and Services Sold26,22622,76122,309
Revenues30,89728,52227,868
Service [Member]   
Cost of Goods and Services Sold6,5136,3676,090
Revenues$ 8,393$ 8,080$ 7,799

NOC Balance Sheet

2023-12-31
Consolidated Statements of Financial Position - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Assets  
Cash and cash equivalents$ 3,109$ 2,577
Accounts receivable, net1,4541,511
Unbilled receivables, net5,6935,983
Inventoried costs, net1,109978
Prepaid expenses and other current assets2,3411,439
Total current assets13,70612,488
Property, plant and equipment, net of accumulated depreciation of $7,964 for 2023 and $7,258 for 20229,6538,800
Operating lease right-of-use assets1,8181,811
Goodwill17,51717,516
Intangible assets, net305384
Deferred tax assets1,020162
Other non-current assets2,5252,594
Total assets46,54443,755
Liabilities  
Trade accounts payable2,1102,587
Accrued employee compensation2,2512,057
Advance payments and billings in excess of costs incurred4,1933,609
Other current liabilities3,3883,334
Total current liabilities11,94211,587
Long-term debt, net of current portion of $70 for 2023 and $1,072 for 202213,78611,805
Pension and other postretirement benefit plan liabilities1,2901,188
Operating lease liabilities1,8921,824
Other non-current liabilities2,8392,039
Total liabilities31,74928,443
Commitments and contingencies (Note 12)
Shareholders’ equity  
Preferred stock, $1 par value; 10,000,000 shares authorized; no shares issued and outstanding00
Common stock, $1 par value; 800,000,000 shares authorized; issued and outstanding: 2023—150,109,271 and 2022—153,157,924150153
Paid-in capital00
Retained earnings14,77315,312
Accumulated other comprehensive loss(128)(153)
Total shareholders’ equity14,79515,312
Total liabilities and shareholders’ equity$ 46,544$ 43,755
NOC
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 in the United States and internationally. 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.
 CEO
 WEBSITEwww.northropgrumman.com
 EMPLOYEES65535

Northrop Grumman Corp Frequently Asked Questions


What is the ticker symbol for Northrop Grumman Corp? What does NOC stand for in stocks?

NOC is the stock ticker symbol of Northrop Grumman Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Northrop Grumman Corp (NOC)?

As of Fri Feb 23 2024, market cap of Northrop Grumman Corp is 69.22 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NOC stock?

You can check NOC's fair value in chart for subscribers.

What is the fair value of NOC stock?

You can check NOC's fair value in chart for subscribers. The fair value of Northrop Grumman Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Northrop Grumman Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NOC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Northrop Grumman Corp a good stock to buy?

The fair value guage provides a quick view whether NOC is over valued or under valued. Whether Northrop Grumman Corp is cheap or expensive depends on the assumptions which impact Northrop Grumman Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NOC.

What is Northrop Grumman Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Feb 23 2024, NOC's PE ratio (Price to Earnings) is 33.67 and Price to Sales (PS) ratio is 1.76. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NOC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Northrop Grumman Corp's stock?

In the past 10 years, Northrop Grumman Corp has provided 0.159 (multiply by 100 for percentage) rate of return.