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NOC

531.81USD-9.62(-1.78%)Market Closed

NORTHROP GRUMMAN CORP

Market Summary

USD531.81-9.62Market Closed
-1.78%

NOC Alerts

NOC Stock Price

RSI Chart

Valuation

Market Cap

84.5B

Price/Earnings

15.28

Price/Sales

2.4

Price/Cashflow

40.37

MarketCap/EBT

12.55

Price/Sales

Profitability

EBT Margin

19.11%

Return on Equity

39.63%

Return on Assets

12.93%

Fundamentals

Revenue

Revenue (TTM)

35.2B

Revenue Y/Y

2.88%

Revenue Q/Q

1.93%

Earnings

Earnings (TTM)

5.5B

Earnings Y/Y

-13.92%

Earnings Q/Q

-3.28%

Price Action

52 Week Range

355.55554.43
(Low)(High)

Last 7 days

0.7%

Last 30 days

2.1%

Last 90 days

9.4%

Trailing 12 Months

48.3%

Financial Health

Current Ratio

1.14

Debt/Equity

0.94

Debt/Cashflow

0.15

Investor Care

Dividend Yield

1.2%

Dividend/Share (TTM)

6.6

Buy Backs (1Y)

2.92%

Diluted EPS (TTM)

35.04

Peers (Alternatives to NORTHROP GRUMMAN)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
127.1B
64.7B
0.48% 44.25%
21.65
1.96
-2.45% -3.12%
85.4B
61.4B
11.51% -13.33%
-10.12
1.39
-2.19% 0.41%
84.5B
35.2B
2.07% 48.25%
15.28
2.4
-5.46% 19.48%
47.6B
16.8B
-4.12% 3.56%
24.91
2.83
-7.12% -27.33%
31.5B
5.4B
4.80% 0.97%
38.99
6.07
13.15% 27.35%
10.3B
10.3B
-2.85% 29.69%
17.57
1
7.03% -21.79%
MID-CAP
8.9B
2.1B
2.04% 12.11%
26.19
4.23
18.27% 21.41%
5.2B
2.2B
7.82% 27.53%
16.88
2.41
5.34% 22.51%
2.4B
4.5B
13.87% -31.71%
-5.96
0.54
25.01% 46.08%
2.3B
453.2M
0.18% 6.45%
-538.24
4.97
10.96% -117.93%
SMALL-CAP
1.6B
1.8B
7.24% 34.43%
17.55
0.87
6.13% 45.47%
599.0M
1.4B
26.65% -31.14%
-26.33
0.42
-17.24% 151.28%
576.6M
689.1M
1.84% 4.47%
4.35
0.87
7.95% 282.89%
292.4M
492.8M
10.17% -3.70%
-14.86
0.62
11.07% 41.98%
246.3M
52.8M
7.69% 2.23%
32.29
4.67
10.72% 34.98%

Financials for NORTHROP GRUMMAN

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue0.7%35,20834,95735,30735,66737,240
Operating Expenses1.4%31,77131,32131,58131,99633,159
  S&GA Expenses0.2%3,6813,6753,5973,726
  R&D Expenses-1,100
Earnings Before Taxes-2.7%6,7296,9147,0668,9385,898
Net Income-2.6%5,5265,6745,7657,0054,625
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets2.0%42,73341,91441,90342,57942,346
  Current Assets5.7%12,29811,63711,55612,42612,928
    Cash Equivalents42.5%1,6661,1692,1743,5304,055
  Inventory-811----
  Net PPE2.5%8,3258,1258,0177,8947,277
  Goodwill0.0%17,51617,51817,52317,51517,516
Liabilities1.9%28,79028,26328,61629,65330,929
  Current Liabilities20.5%10,8128,9768,8509,5308,819
  Long Term Debt-12,783----
    LT Debt, Current7535.7%1,06914766
    LT Debt, Non Current-8.0%11,80312,83412,82512,77712,774
Shareholder's Equity2.1%13,94313,65113,28712,92611,417
  Retained Earnings2.2%13,95513,65513,27712,91311,398
  Additional Paid-In CapitalNaN%-----
Accumulated Depreciation2.0%7,2437,0996,9616,8196,811
Shares Outstanding-0.5%154155156156159
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations9.0%2,0921,9203,1453,5673,727
  Share Based Compensation-1.0%95969494100
Cashflow From Investing2.0%-1,404.00-1,432.00-1,387.002,0582,416
Cashflow From Financing5.6%-3,077.00-3,260.00-3,101.00-7,002.00-7,083.00
  Dividend Payments2.0%1,016996983979
  Buy Backs-9.5%1,9922,2022,0233,7052,724

Risks

What is the probability of a big loss on NOC?

38.1%


Probability that NORTHROP GRUMMAN stock will be more than 20% underwater in next one year

6.5%


Probability that NORTHROP GRUMMAN stock will be more than 30% underwater in next one year.

0%


Probability that NORTHROP GRUMMAN stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does NOC drawdown profile look like?

Y-axis is the maximum loss one would have experienced if NORTHROP GRUMMAN was unfortunately bought at previous high price.

Returns

Cumulative Returns on NOC

25.1%


10-Year Cumulative Returns

17.9%


7-Year Cumulative Returns

13.7%


5-Year Cumulative Returns

17.4%


3-Year Cumulative Returns

What are the long-term rolling returns for NOC?

FIve years rolling returns for NORTHROP GRUMMAN.

Which funds bought or sold NOC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Eagle Bay Advisors LLC
UNCHANGED
-
-1,036
54,000
0.03%
2022-11-23
Invst, LLC
ADDED
10.69
44,000
292,000
0.05%
2022-11-23
Toroso Investments, LLC
UNCHANGED
-
-24,000
1,373,000
0.06%
2022-11-22
IHT Wealth Management, LLC
ADDED
9.08
47,000
706,000
0.05%
2022-11-22
B. Riley Wealth Advisors, Inc.
ADDED
96.32
2,488,000
5,166,000
0.16%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
6,548,000
6,548,000
0.08%
2022-11-22
CVA Family Office, LLC
UNCHANGED
-
-2,000
82,000
0.02%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-2.47
-5,186,000
119,853,000
0.20%
2022-11-21
Parallax Volatility Advisers, L.P.
REDUCED
-5.24
-116,000
1,574,000
-%
2022-11-21
DEARBORN PARTNERS LLC
ADDED
1.09
-2,000
306,000
0.01%

1–10 of 46

Latest Funds Activity

Are funds buying NOC calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own NOC

NORTHROP GRUMMAN News

MarketWatch

Lockheed Martin Corp. stock outperforms market despite losses on the day.11 hours ago

Yahoo Finance

NOC Fair Value

NORTHROP GRUMMAN fair value in different scenarios

The table shows the Fair Value estimates for NORTHROP GRUMMAN for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

469.21

-11.77%

671.64

26.29%

850.48

59.92%

1058.57

99.05%

1368.23

157.28%

Current Inflation

428.47

-19.43%

598.64

12.57%

744.16

39.93%

918.88

72.78%

1176.18

121.17%

Very High Inflation

378.64

-28.80%

512.22

-3.68%

621.18

16.80%

758.55

42.64%

957.96

80.13%

Historical NORTHROP GRUMMAN Fair Value Estimates


Recent SEC filings of NORTHROP GRUMMAN

View All Filings
Date Filed Form Type Document
Nov 18, 2022
3
Insider Trading
Nov 18, 2022
4
Insider Trading
Nov 17, 2022
8-K
Current Report
Nov 08, 2022
4
Insider Trading
Nov 08, 2022
4
Insider Trading
Oct 27, 2022
10-Q
Quarterly Report
Oct 27, 2022
8-K
Current Report
Oct 19, 2022
3
Insider Trading
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading

Latest Insider Trading transactions for NOC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-16
KRISHNA ARVIND
ACQUIRED
87,892.6
505.13
174
-
2022-11-04
Jones Thomas H
SOLD
-87,842
526
-167
CVP & Pres Aeronautics Systems
2022-11-04
Caylor Mark A
SOLD
-551,827
518.147
-1,065
CVP & Pres, Mission Systems
2022-11-04
Jones Thomas H
GIFTED
-
-
-422
CVP & Pres Aeronautics Systems
2022-08-09
CHESTON SHEILA C.
SOLD
-1,907,810
473.99
-4,025
Corp. VP & General Counsel
2022-08-05
Caylor Mark A
SOLD
-1,407,670
474.761
-2,965
CVP & Pres, Mission Systems
2022-08-04
Wilson Thomas L Jr
SOLD
-280,524
482
-582
CVP and Pres. Space Systems
2022-08-04
Warden Kathy J
SOLD
-4,818,740
481.874
-10,000
Chair, CEO and President
2022-06-30
KRAPEK KARL J
ACQUIRED
34,457
478.57
72
-
2022-06-30
Brown Marianne Catherine
ACQUIRED
38,285.6
478.57
80
-

1–10 of 50

Kathy J. Warden
65535
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.

NOC Income Statement

2022-09-30
Condensed Consolidated Statements of Earnings and Comprehensive Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Sales$ 8,971$ 8,720$ 26,569$ 27,028
Operating costs and expenses    
General and administrative expenses9748912,9552,788
Total operating costs and expenses8,1277,67723,87424,099
Gain on sale of business0001,980
Operating income8441,0432,6954,909
Other (expense) income    
Interest expense(122)(132)(386)(423)
Non-operating FAS pension benefit3763671,1291,101
Other, net(8)(3)(54)6
Earnings before income taxes1,0901,2753,3845,593
Federal and foreign income tax expense1752125681,298
Net earnings$ 915$ 1,063$ 2,816$ 4,295
Basic earnings per share    
Basic earnings per share$ 5.92$ 6.65$ 18.13$ 26.63
Weighted-average common shares outstanding, in millions154.6159.8155.3161.3
Diluted earnings per share    
Diluted earnings per share$ 5.89$ 6.63$ 18.06$ 26.55
Weighted-average diluted shares outstanding, in millions155.3160.4155.9161.8
Net earnings (from above)$ 915$ 1,063$ 2,816$ 4,295
Change in unamortized prior service credit0(2)(1)(6)
Change in cumulative translation adjustment and other, net(7)(6)(22)(6)
Other comprehensive loss, net of tax(7)(8)(23)(12)
Comprehensive income9081,0552,7934,283
Product [Member]    
Sales6,9796,84520,59921,060
Cost of Sales5,5895,35216,25016,662
Service [Member]    
Sales1,9921,8755,9705,968
Cost of Sales$ 1,564$ 1,434$ 4,669$ 4,649

NOC Balance Sheet

2022-09-30
Condensed Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Assets  
Cash and cash equivalents$ 1,666$ 3,530
Accounts receivable, net1,9361,467
Unbilled receivables, net6,4305,492
Inventoried costs, net989811
Prepaid expenses and other current assets1,2771,126
Total current assets12,29812,426
Property, plant and equipment, net of accumulated depreciation of $7,243 for 2022 and $6,819 for 20218,3257,894
Operating lease right-of-use assets1,6801,655
Goodwill17,51617,515
Intangible assets, net433578
Deferred tax assets233200
Other non-current assets2,2482,311
Total assets42,73342,579
Liabilities  
Trade accounts payable2,3352,197
Accrued employee compensation1,8311,993
Advance payments and billings in excess of costs incurred3,1073,026
Other current liabilities3,5392,314
Total current liabilities10,8129,530
Long-term debt, net of current portion of $1,069 for 2022 and $6 for 202111,80312,777
Pension and other postretirement benefit plan liabilities2,4053,269
Operating lease liabilities1,6961,590
Deferred tax liabilities86490
Other non-current liabilities1,9881,997
Total liabilities28,79029,653
Commitments and contingencies (Note 6)
Shareholders’ equity  
Preferred stock, $1 par value; 10,000,000 shares authorized; no shares issued and outstanding00
Common stock, $1 par value; 800,000,000 shares authorized; issued and outstanding: 2022—154,093,656 and 2021—156,284,423154156
Paid-in capital00
Retained earnings13,95512,913
Accumulated other comprehensive loss(166)(143)
Total shareholders’ equity13,94312,926
Total liabilities and shareholders’ equity$ 42,733$ 42,579