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NORTHROP GRUMMAN CORP Stock Research

NOC

440.18USD+4.21(+0.97%)Market Closed
Watchlist

Market Summary

USD440.18+4.21
Market Closed
0.97%

NOC Stock Price

NOC RSI Chart

NOC Valuation

Market Cap

66.6B

Price/Earnings (Trailing)

14.33

Price/Sales (Trailing)

1.76

EV/EBITDA

9.22

Price/Free Cashflow

29.46

NOC Price/Sales (Trailing)

NOC Profitability

EBT Margin

15.33%

Return on Equity

31.6%

Return on Assets

10.81%

Free Cashflow Yield

3.39%

NOC Fundamentals

NOC Revenue

Revenue (TTM)

37.9B

Revenue Y/Y

8.81%

Revenue Q/Q

2.96%

NOC Earnings

Earnings (TTM)

4.6B

Earnings Y/Y

-14.16%

Earnings Q/Q

-3.56%

Price Action

52 Week Range

416.71554.43
(Low)(High)

Last 7 days

2.8%

Last 30 days

1.4%

Last 90 days

-5.7%

Trailing 12 Months

-10.4%

NOC Financial Health

Current Ratio

1.22

NOC Investor Care

Dividend Yield

1.61%

Dividend/Share (TTM)

7.11

Buy Backs (1Y)

2.58%

Diluted EPS (TTM)

30.14

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for NOC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-08-07
Caylor Mark A
sold
-731,243
437
-1,670
cvp & pres, mission systems
2023-06-30
Brown Marianne Catherine
acquired
45,124
455
99.00
-
2023-06-30
Robinson Graham
acquired
20,966
455
46.00
-
2023-06-30
KRISHNA ARVIND
acquired
35,096
455
77.00
-
2023-05-17
Brown Marianne Catherine
acquired
175,357
447
392
-
2023-05-17
ROUGHEAD GARY
acquired
175,357
447
392
-
2023-05-17
Ross Kimberly A.
acquired
175,357
447
392
-
2023-05-17
Turley James S
acquired
175,357
447
392
-
2023-05-17
KLEINER MADELEINE
acquired
175,357
447
392
-
2023-05-17
ABNEY DAVID P
acquired
175,357
447
392
-

1–10 of 50

Which funds bought or sold NOC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-18
CAPE ANN SAVINGS BANK
sold off
-100
-953,452
-
-%
2023-09-15
CJM Wealth Advisers, Ltd.
reduced
-18.94
-153,907
616,242
0.31%
2023-09-12
Farther Finance Advisors, LLC
added
0.32
-4,174
427,996
0.09%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
reduced
-0.92
-3,291
146,768
0.04%
2023-09-07
JAG CAPITAL MANAGEMENT, LLC
unchanged
-
-4,736
364,640
0.04%
2023-09-07
ST GERMAIN D J CO INC
new
-
69,737
69,737
-%
2023-09-05
Delos Wealth Advisors, LLC
unchanged
-
-171
13,219
0.02%
2023-08-30
Narus Financial Partners, LLC
unchanged
-
-7,690
592,084
0.31%
2023-08-30
Western Wealth Management, LLC
added
5.82
74,524
1,748,800
0.15%
2023-08-28
DT Investment Partners, LLC
unchanged
-
-292
8,963
-%

1–10 of 47

Latest Funds Activity

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

Schedule 13G FIlings of NORTHROP GRUMMAN

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Feb 11, 2022
capital international investors
8.2%
12,955,596
SC 13G/A
Feb 04, 2022
wellington management group llp
5.48%
8,692,455
SC 13G/A
Feb 03, 2022
blackrock inc.
5.4%
8,631,520
SC 13G/A
Feb 24, 2021
state street corp
9.66%
16,098,467
SC 13G/A

Recent SEC filings of NORTHROP GRUMMAN

View All Filings
Date Filed Form Type Document
Aug 08, 2023
4
Insider Trading
Aug 07, 2023
144
Notice of Insider Sale Intent
Jul 27, 2023
S-8
Employee Benefits Plan
Jul 27, 2023
8-K
Current Report
Jul 27, 2023
10-Q
Quarterly Report
Jul 12, 2023
8-K
Current Report
Jul 05, 2023
4
Insider Trading
Jul 05, 2023
4
Insider Trading
Jul 05, 2023
4
Insider Trading
Jun 15, 2023
11-K
Employee Benefit Details

NOC Fair Value

Loading...

Peers (Alternatives to NORTHROP GRUMMAN)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
128.3B
67.4B
-5.50% 2.11%
22.39
1.94
5.03% 50.05%
123.5B
73.6B
-9.78% 41.14%
-29.91
1.75
21.18% 15.27%
66.6B
37.9B
1.35% -10.38%
14.33
1.76
8.36% -18.06%
48.9B
6.2B
1.57% 47.05%
42.53
7.83
20.10% 42.03%
33.0B
18.0B
-2.94% -23.05%
41.18
1.84
6.96% -58.03%
MID-CAP
9.1B
2.6B
1.20% 7.78%
22.82
3.43
25.29% 16.69%
8.2B
10.9B
-4.79% -10.47%
15.77
0.75
6.30% -11.11%
6.9B
2.3B
5.22% 41.68%
30.63
2.95
7.03% -27.80%
3.0B
584.4M
19.67% 22.84%
-16.76
5.05
28.93% -4109.49%
-
5.4B
-27.90% -38.42%
-
-
20.31% -109.88%
SMALL-CAP
647.0M
743.4M
2.78% 6.75%
26.79
0.87
11.66% -81.80%
548.5M
1.4B
-9.60% -20.98%
6.71
0.4
-3.95% 459.45%
312.6M
56.8M
12.35% 40.59%
29.29
5.5
7.69% 39.93%
-
2.0B
2.28% 53.77%
-
-
9.37% 14.61%
-
620.6M
-0.65% 101.08%
-
-
31.15% -93.33%

NORTHROP GRUMMAN News

Northrop Grumman Newsroom
Australia Commits to Additional MQ-4C Triton.
Northrop Grumman Newsroom,
4 hours ago
RealMoney

Returns for NOC

Cumulative Returns on NOC

18.1%


10-Year Cumulative Returns

12.4%


7-Year Cumulative Returns

9.2%


5-Year Cumulative Returns

9.8%


3-Year Cumulative Returns

Risks for NOC

What is the probability of a big loss on NOC?

40.8%


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.

Drawdowns

Financials for NORTHROP GRUMMAN

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue2.1%37,88137,10636,60235,20834,95735,30735,66737,24037,60337,33636,79935,30834,70034,27233,84133,27632,88631,54930,09528,49126,975
Operating Expenses2.3%34,21733,45533,00131,77131,32131,58131,99633,15933,58033,36332,73431,56531,15230,74429,872------
  S&GA Expenses1.7%4,0033,9353,8733,7643,6813,6753,5973,7263,6903,5233,4133,4453,3663,3183,2903,0643,1053,0603,0112,9162,778
EBITDA-100.0%-7,0277,1788,0208,1928,31410,1777,1517,0466,9554,9954,3044,1333,8273,813------
EBITDA Margin-100.0%-0.19*0.20*0.23*0.23*0.24*0.29*0.19*0.19*0.19*0.14*0.12*0.12*0.11*0.11*------
Earnings Before Taxes-2.9%5,5275,6905,8366,7296,9147,0668,9385,8985,7905,6913,7282,8542,7422,5672,5483,5203,8293,7773,7425,1864,604
EBT Margin-100.0%-0.15*0.16*0.19*0.20*0.20*0.25*0.16*0.15*0.15*0.10*0.08*0.08*0.07*0.08*------
Net Income-2.8%4,6494,7834,8965,5265,6745,7657,0054,6254,5484,5163,1892,4502,3972,2532,2483,0133,3243,2523,2293,5453,051
Net Income Margin-100.0%-0.13*0.13*0.16*0.16*0.16*0.20*0.12*0.12*0.12*0.09*0.07*0.07*0.07*0.07*------
Free Cashflow-100.0%-1,1871,4665564331,6912,1522,4532,6093,8792,8853,8683,6782,9653,033------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets3.1%45,60944,24443,75542,73341,91441,90342,57942,34642,14241,42344,46944,77243,47543,20341,08940,55339,58439,75137,65337,94337,378
  Current Assets8.3%13,86912,81012,48812,29811,63711,55612,42612,92812,76212,25315,34414,55213,17913,12810,68510,83610,15910,4439,68010,1329,722
    Cash Equivalents35.6%3,3842,4952,5771,6661,1692,1743,5304,0553,9413,5174,9074,9954,1783,2782,2451,1271,0888481,5791,2281,539
  Inventory-------811---759--785783810810778654719690
  Net PPE1.6%8,9768,8388,8008,3258,1258,0177,8947,2777,1647,0937,0717,1877,0636,9566,9126,6116,5226,4206,3726,0255,864
  Goodwill0.0%17,51717,51617,51617,51617,51817,52317,51517,51617,51817,51817,51818,71118,70718,69818,70818,70718,70818,69818,67218,64218,747
Liabilities3.5%30,12329,10828,44328,79028,26328,61629,65330,92930,97030,89833,89034,30533,76334,14132,27030,82230,37031,01229,46628,84029,151
  Current Liabilities10.2%11,55710,48311,58710,8128,9768,8509,5308,8198,5918,3679,58010,1099,72710,1779,4348,4168,1558,8218,2748,0397,833
  Long Term Debt---------------12,77013,82613,83813,86313,88313,88914,387
    LT Debt, Current1.4%1,0971,0821,0721,06914.007.006.006.006.0042.007421,8061,8031,7901,10945.00545523517517744
    LT Debt, Non Current0.2%13,79613,77011,80511,80312,83412,82512,77712,77412,76412,76414,26114,26014,25914,29912,770------
Shareholder's Equity2.3%15,48615,13615,31213,94313,65113,28712,92611,41711,17210,52510,57910,4679,7129,0628,8199,7319,2148,7398,1879,1038,226
  Retained Earnings2.3%15,48515,13515,31213,95513,65513,27712,91311,39811,14410,48710,48210,3949,6529,0118,7489,6499,1208,6288,06814,46413,669
  Additional Paid-In Capital----------8.0058.0027.0010.00--------
Accumulated Depreciation2.2%7,6117,4487,2587,2437,0996,9616,8196,8116,6406,4716,3356,2596,1035,9525,8505,7095,6285,4935,3695,3075,187
Shares Outstanding-0.4%151152153154155156156160161163167167167168168169170170171174175
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations41.5%3,8032,6872,9012,0921,9203,1453,5673,7273,9235,2324,3055,1674,9474,2174,2974,2103,8833,1513,8273,0573,183
  Share Based Compensation4.0%10410099.0095.0096.0094.0094.0010094.0090.0090.0095.0010811912797.0088.0093.0086.00110105
Cashflow From Investing-6.5%-1,385-1,301-1,241-1,404-1,432-1,3872,0582,4162,3502,255-1,211-1,250-1,211-1,197-1,207-1,243-1,254-8,851-8,878-8,680-8,622
Cashflow From Financing80.9%-203-1,065-2,613-3,077-3,260-3,101-7,002-7,083-6,510-7,248-432-49.00-646-590-2,424-3,068-3,080-3,821-4,5954,9735,595
  Dividend Payments1.5%1,0871,0711,0521,0321,016996983979970964953933914896880863849834821790755
  Buy Backs-6.0%1,7951,9091,5041,9922,2022,0233,7052,7242,1432,1464907901,0031,0287441,4981,4531,3231,26320967.00

NOC Income Statement

2023-06-30
Condensed Consolidated Statements of Earnings and Comprehensive Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Sales$ 9,576$ 8,801$ 18,877$ 17,598
Operating costs and expenses    
General and administrative expenses1,0731,0052,1111,981
Total operating costs and expenses8,6097,84716,96315,747
Operating income9679541,9141,851
Other (expense) income    
Interest expense(147)(131)(276)(264)
Non-operating FAS pension benefit133377265753
Other, net34(50)82(46)
Earnings before income taxes9871,1501,9852,294
Federal and foreign income tax expense175204331393
Net earnings$ 812$ 946$ 1,654$ 1,901
Basic earnings per share    
Basic earnings per share$ 5.35$ 6.09$ 10.87$ 12.21
Weighted-average common shares outstanding, in millions151.7155.4152.1155.7
Diluted earnings per share    
Diluted earnings per share$ 5.34$ 6.06$ 10.83$ 12.16
Weighted-average diluted shares outstanding, in millions152.2156.0152.7156.3
Net earnings (from above)$ 812$ 946$ 1,654$ 1,901
Change in cumulative translation adjustment(3)13(5)15
Change in other, net(2)0(2)(1)
Other comprehensive income (loss), net of tax1(13)3(16)
Comprehensive income8139331,6571,885
Product [Member]    
Sales7,4416,77914,71213,620
Cost of Sales5,8765,28111,60310,661
Service [Member]    
Sales2,1352,0224,1653,978
Cost of Sales$ 1,660$ 1,561$ 3,249$ 3,105

NOC Balance Sheet

2023-06-30
Condensed Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Assets  
Cash and cash equivalents$ 3,384$ 2,577
Accounts receivable, net2,0961,511
Unbilled receivables, net5,8705,983
Inventoried costs, net1,287978
Prepaid expenses and other current assets1,2321,439
Total current assets13,86912,488
Property, plant and equipment, net of accumulated depreciation of $7,611 for 2023 and $7,258 for 20228,9768,800
Operating lease right-of-use assets1,7631,811
Goodwill17,51717,516
Intangible assets, net344384
Deferred tax assets452162
Other non-current assets2,6882,594
Total assets45,60943,755
Liabilities  
Trade accounts payable2,0562,587
Accrued employee compensation1,8782,057
Advance payments and billings in excess of costs incurred3,3973,609
Other current liabilities4,2263,334
Total current liabilities11,55711,587
Long-term debt, net of current portion of $1,097 for 2023 and $1,072 for 202213,79611,805
Pension and other postretirement benefit plan liabilities1,1611,188
Operating lease liabilities1,7721,824
Other non-current liabilities1,8372,039
Total liabilities30,12328,443
Commitments and contingencies (Note 6)
Shareholders’ equity  
Preferred stock, $1 par value; 10,000,000 shares authorized; no shares issued and outstanding00
Common stock, $1 par value; 800,000,000 shares authorized; issued and outstanding: 2023—151,388,972 and 2022—153,157,924151153
Paid-in capital00
Retained earnings15,48515,312
Accumulated other comprehensive loss(150)(153)
Total shareholders’ equity15,48615,312
Total liabilities and shareholders’ equity$ 45,609$ 43,755
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.