Northrop Grumman NOC Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | 43.3%+2.0pp | 41.3%+0.1pp | 41.2%— | —— | —— | |
| Net margin | 40.3%+1.6pp | 38.7%-0.2pp | 38.9%— | —— | —— | |
| EBITDA margin | 57%+2.2pp | 54.8%+0.4pp | 54.5%— | —— | —— | |
| Free cash flow margin | 23.4%+3.4pp | 20%+1.5pp | 18.5%-1.6pp | 20.1%-3.2pp | 23.3%-0.9pp | |
| Returns | ||||||
| Return on equity | 107.3%+3.1pp | 104.2%-1.6pp | 105.8%— | —— | —— | |
| Return on assets | 34%+1.6pp | 32.4%-0.4pp | 32.8%— | —— | —— | |
| Return on invested capital | 49%+2.3pp | 46.7%-0.2pp | 46.9%— | —— | —— | |
| Efficiency | ||||||
| Asset turnover | 3.4×0.0× | 3.3×0.0× | 3.4×0.0× | 3.4×0.0× | 3.4×0.0× | |
| Liquidity | ||||||
| Current ratio | 4.4×+0.2× | 4.2×+0.1× | 4.1×0.0× | 4.1×-0.1× | 4.2×-0.2× | |
| Quick ratio | 4×+0.2× | 3.8×+0.1× | 3.7×0.0× | 3.6×-0.1× | 3.7×-0.2× | |
| Cash ratio | 0.8×0.0× | 0.7×0.0× | 0.7×-0.1× | 0.8×-0.1× | 0.9×-0.1× | |
| Leverage | ||||||
| Debt-to-equity | 4.3×-0.1× | 4.4×-0.1× | 4.5×-0.1× | 4.7×-0.1× | 4.8×-0.2× | |
| Debt-to-assets | 1.4×0.0× | 1.4×0.0× | 1.4×0.0× | 1.4×0.0× | 1.5×0.0× | |
| Net debt / EBITDA | 10.1×-0.5× | 10.6×-0.2× | 10.9×— | —— | —— | |
| Per Share | ||||||
| Book value per share | $454.91+3.8% | $438.21+2.9% | $426.06+2.6% | $415.32+2.6% | $404.70+2.1% | |
| Valuation | ||||||
| Market capitalization | $335.11B+7.3% | $312.4B+4.3% | $299.4B+3.2% | $290.04B+1.7% | $285.29B+1.0% | |
| Enterprise value | $394.73B+6.1% | $371.98B+3.5% | $359.53B+2.9% | $349.42B+1.6% | $343.94B+0.8% | |
| Price / earnings | 80×+1.2× | 78.8×+3.1× | 75.7×— | —— | —— | |
| Price / sales | 8.1×+0.4× | 7.6×+0.3× | 7.4×+0.2× | 7.1×+0.1× | 7×+0.1× | |
| Price / book | 20.5×+0.7× | 19.8×+0.4× | 19.4×+0.2× | 19.2×0.0× | 19.2×-0.1× | |
| EV / EBITDA | 66.7×+0.4× | 66.3×+1.4× | 64.9×— | —— | —— | |
| EV / sales | 9.5×+0.4× | 9.1×+0.3× | 8.8×+0.3× | 8.6×+0.1× | 8.4×+0.1× | |
| Free cash flow yield | 11.5%+1.0pp | 10.4%+0.2pp | 10.2%-1.1pp | 11.3%-2.2pp | 13.5%-0.6pp | |
| Earnings yield | 20.1%-0.3pp | 20.4%-1.0pp | 21.4%— | —— | —— | |
| Dividend yield | 6.2%-0.3pp | 6.4%-0.1pp | 6.6%-0.1pp | 6.6%0.0pp | 6.6%0.0pp |
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.
