Northrop Grumman NOC Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | 11.6%+0.9pp | 10.8%+0.2pp | 10.6%+0.2pp | 10.4%+0.8pp | 9.6%-1.1pp | |
| Net margin | 10.8%+0.8pp | 10%+0.1pp | 9.8%+0.1pp | 9.7%+0.5pp | 9.2%-1.0pp | |
| EBITDA margin | 15.1%+0.9pp | 14.2%+0.2pp | 14%+0.3pp | 13.7%+0.8pp | 12.9%-0.9pp | |
| Free cash flow margin | 7.8%-0.1pp | 7.9%+3.4pp | 4.5%+1.3pp | 3.2%-1.2pp | 4.4%-2.0pp | |
| Returns | ||||||
| Return on equity | 28.5%+2.3pp | 26.2%0.0pp | 26.2%-0.3pp | 26.5%+1.1pp | 25.4%-2.3pp | |
| Return on assets | 9.3%+1.0pp | 8.3%+0.1pp | 8.2%+0.1pp | 8.1%+0.4pp | 7.7%-1.0pp | |
| Return on invested capital | 13.2%+0.7pp | 12.5%+0.8pp | 11.7%+0.1pp | 11.6%+0.7pp | 10.9%-1.9pp | |
| Efficiency | ||||||
| Asset turnover | 0.9×0.0× | 0.8×0.0× | 0.8×0.0× | 0.8×0.0× | 0.8×0.0× | |
| Liquidity | ||||||
| Current ratio | 1.2×+0.1× | 1.1×0.0× | 1.1×+0.1× | 1×+0.1× | 0.9×-0.1× | |
| Quick ratio | 1×0.0× | 1×0.0× | 1×+0.1× | 0.9×+0.1× | 0.8×-0.1× | |
| Cash ratio | 0.2×-0.2× | 0.3×+0.2× | 0.2×0.0× | 0.1×0.0× | 0.1×-0.2× | |
| Leverage | ||||||
| Debt-to-equity | 1×-0.1× | 1.1×0.0× | 1.1×0.0× | 1.1×0.0× | 1.1×-0.1× | |
| Debt-to-assets | 0.3×0.0× | 0.3×0.0× | 0.4×0.0× | 0.4×0.0× | 0.3×0.0× | |
| Net debt / EBITDA | 2.3×+0.1× | 2.3×-0.4× | 2.7×-0.1× | 2.8×-0.1× | 2.9×+0.4× | |
| Per Share | ||||||
| Book value per share | $120.11+3.6% | $115.95+4.1% | $111.41+3.7% | $107.44+3.9% | $103.41-0.4% | |
| Valuation | ||||||
| Market capitalization | $96.82B+19.0% | $81.38B-6.7% | $87.24B+25.2% | $69.66B-6.0% | $74.12B+8.4% | |
| Enterprise value | $111.81B+17.9% | $94.86B-7.7% | $102.78B+20.5% | $85.28B-4.2% | $89.06B+8.1% | |
| Price / earnings | 21.2×+1.7× | 19.5×-2.2× | 21.7×+4.0× | 17.7×-2.3× | 20×+3.6× | |
| Price / sales | 2.3×+0.3× | 1.9×-0.2× | 2.1×+0.4× | 1.7×-0.1× | 1.8×+0.2× | |
| Price / book | 5.7×+0.8× | 4.9×-0.6× | 5.5×+1.0× | 4.5×-0.4× | 4.9×+0.5× | |
| EV / EBITDA | 17.5×+1.5× | 16×-2.0× | 17.9×+2.6× | 15.3×-1.8× | 17.1×+2.6× | |
| EV / sales | 2.6×+0.4× | 2.3×-0.3× | 2.5×+0.4× | 2.1×-0.1× | 2.2×+0.2× | |
| Free cash flow yield | 3.4%-0.7pp | 4.1%+2.0pp | 2.1%+0.2pp | 1.9%-0.5pp | 2.4%-1.4pp | |
| Earnings yield | 4.7%-0.4pp | 5.1%+0.5pp | 4.6%-1.1pp | 5.7%+0.7pp | 5%-1.1pp | |
| Dividend yield | 1.4%-0.2pp | 1.6%+0.1pp | 1.4%-0.3pp | 1.8%+0.1pp | 1.6%-0.1pp | |
| PEG ratio | 0.9×-101× | 101.5×— | —— | —— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do Northrop Grumman's ratios come from?
- Every ratio is computed from Northrop Grumman's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
