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    Northrop Grumman Corporation (NOC)

    Official site

    INDUSTRIALS • AEROSPACE & DEFENSE • NYSE

    $539.65
    -5.92 (-1.09%)

    Market Cap: $77.51B

    Last updated: Sep 01, 2026 at 10:00 AM ET

    Earnings

    Performance (10Y)

    Beat Rate
    88%(35/40)
    Avg Surprise
    +8.49%
    Streak
    5 Q

    Upcoming Estimates

    Sep 30, 2026
    EPS Consensus$7.16
    Range$6.69 - $7.35
    17 analysts
    EPS Revisions
    1
    0
    7d
    14
    2
    30d
    EPS Estimate Drift
    90d ago$7.01-2.2%
    60d ago$7.00-2.3%
    30d ago$7.00-2.3%
    7d ago$7.15-0.1%
    Current$7.16
    Revenue Consensus
    $11.1B
    Range$10.9B - $11.4B
    18 analysts
    Dec 31, 2026
    EPS Consensus$8.95
    Range$8.52 - $9.59
    21 analysts
    Revenue Consensus
    $12.4B
    Range$12.1B - $12.7B
    22 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    -$8.95---
    Sep 26EST
    -$7.16---
    Jun 26
    $7.68$6.84+12.28%Beat-5.8%
    Mar 26
    $6.14$6.06+1.32%Beat+84.9%
    Dec 25
    $7.23$6.96+3.88%Beat+13.1%
    Sep 25
    $7.67$6.46+18.73%Beat+9.6%
    Jun 25
    $8.15$6.80+19.85%Beat+28.1%
    Mar 25
    $3.32$6.26-46.96%Miss-47.5%
    Dec 24
    $6.39$6.35+0.63%Beat+1.9%
    Sep 24
    $7.00$6.07+15.32%Beat+13.3%
    Jun 24
    $6.36$5.93+7.25%Beat+19.1%
    Mar 24
    $6.32$5.78+9.34%Beat+14.9%
    Dec 23
    $6.27$5.80+8.10%Beat-16.4%
    Sep 23
    $6.18$5.80+6.55%Beat+4.9%
    Jun 23
    $5.34$5.32+0.38%Beat-11.9%
    Mar 23
    $5.50$5.09+8.05%Beat-9.8%
    Dec 22
    $7.50$6.57+14.16%Beat+25.0%
    Sep 22
    $5.89$6.11-3.60%Miss-11.2%
    Jun 22
    $6.06$6.10-0.66%Miss-5.6%
    Mar 22
    $6.10$5.98+2.01%Beat-7.2%
    Dec 21
    $6.00$5.96+0.67%Beat-9.0%
    Sep 21
    $6.63$5.98+10.87%Beat+12.6%
    Jun 21
    $6.42$5.85+9.74%Beat+6.8%
    Mar 21
    $6.57$5.48+19.89%Beat+27.6%
    Dec 20
    $6.59$5.71+15.41%Beat+17.5%
    Sep 20
    $5.89$5.60+5.18%Beat+7.3%
    Jun 20
    $6.01$5.28+13.83%Beat+18.8%
    Mar 20
    $5.15$5.49-6.19%Miss+1.8%
    Dec 19
    $5.61$4.77+17.61%Beat+47.2%
    Sep 19
    $5.49$4.76+15.34%Beat-16.1%
    Jun 19
    $5.06$4.65+8.82%Beat+28.8%
    Mar 19
    $5.06$4.60+10.00%Beat+20.2%
    Dec 18
    $3.81$4.45-14.38%Miss+35.1%
    Sep 18
    $6.54$4.36+50.00%Beat+77.7%
    Jun 18
    $3.93$3.85+2.08%Beat+24.8%
    Mar 18
    $4.21$3.58+17.60%Beat+16.0%
    Dec 17
    $2.82$2.73+3.30%Beat-4.7%
    Sep 17
    $3.68$2.92+26.03%Beat+26.0%
    Jun 17
    $3.15$2.85+10.53%Beat-
    Mar 17
    $3.63$2.92+24.32%Beat-
    Dec 16
    $2.96$2.50+18.40%Beat-
    Sep 16
    $2.92$2.81+3.91%Beat-

    Dividends

    Dividend Metrics

    Yield1.77%
    Annual/Share$9.56
    Payout Ratio33.22%
    Frequency4
    Pay MonthsMar, Jun, Sep, Dec

    Growth

    3Y CAGR+9.97%
    5Y CAGR+9.66%
    View NOC's full dividend history

    Key Metrics

    Valuation
    P/E Ratio18.79EV/EBITDA12.28x
    Price/FCF21.03xFCF Yield4.75%
    Profitability
    Profit Margin10.50%Operating Margin11.60%
    ROE27.00%ROIC15.66%
    Financial Health
    Debt/Equity0.81xInterest Coverage8.98x
    Current Ratio1.17xQuick Ratio1.06x
    Trading Statistics
    Beta-0.11Avg Volume645.75K
    52-Week High$767.1252-Week Low$476.85

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$555.90
    SMA 20$563.45
    SMA 50$542.22
    SMA 200$601.32
    EMA 10$551.87
    EMA 20$554.73
    EMA 50$553.72
    EMA 200$576.32

    MACD

    Line: -0.83Signal: 3.85Hist: -4.68

    ADX

    ADX: 14.3+DI: 20.6-DI: 29.4

    Aroon & PSAR

    Aroon Up64.0
    Aroon Down12.0
    PSAR$580.40

    Bollinger Bands

    Upper Band$594.98
    Lower Band$531.92
    %B Position1119%(Upper)
    Band Width0.12

    RSI (14-Day)

    Neutral
    42.4

    Momentum Oscillators

    Stoch %K8.0
    Stoch %D10.4
    Williams %R-95.4
    ROC (10d)-5.4%
    Momentum-30.55
    CCI (20d)-116.3
    MFI (14d)20.9

    Volatility Measures

    ATR (14d)$12.47(2.3%)
    StdDev (20d)15.76
    Hist Vol26.1%(Moderate)

    Volume Flow

    VWAP$539.32
    OBV8.0M
    AD Line-204.8M
    CMF (20d)-0.006

    Volume Metrics

    Avg Vol (20d)644.4K
    Vol Ratio1.1x
    VWMA (20d)$563.16

    Pivot Points

    R3$552.79
    R2$550.23
    R1$547.90
    Pivot Point$545.34
    S1$543.01
    S2$540.45
    S3$538.12

    Advanced Oscillators

    TSI-1.04
    Ultimate Osc36.8
    KST34.46

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$10.88B$9.88B$11.71B$10.42B$10.35B$9.47B$10.69B$10.00B$10.22B$10.13B$10.64B$9.78B
    Cost of Revenue$8.76B$7.92B$9.42B$8.20B$8.14B$7.89B$8.75B$7.89B$8.03B$8.00B$10.15B$7.73B
    Gross Profit$2.12B$1.96B$2.30B$2.23B$2.21B$1.58B$1.93B$2.11B$2.19B$2.13B$485.00M$2.04B
    Operating Expenses$1.02B$971.00M$1.02B$985.00M$785.00M$1.01B$843.00M$986.00M$1.10B$1.06B$878.00M$1.02B
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$1.02B$971.00M$1.02B$985.00M$1.02B$1.01B$843.00M$986.00M$1.10B$1.06B$878.00M$1.02B
    Operating Income$1.10B$989.00M$1.27B$1.24B$1.43B$573.00M$1.09B$1.12B$1.09B$1.07B$-393,000,000$1.02B
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$161.00M$162.00M$175.00M$161.00M$173.00M$156.00M$160.00M$161.00M$154.00M$146.00M$128.00M$141.00M
    Income Before Tax$1.17B$1.03B$1.74B$1.32B$1.43B$578.00M$1.55B$1.19B$1.15B$1.13B$-757,000,000$1.12B
    Income Tax Expense$74.00M$155.00M$313.00M$223.00M$253.00M$97.00M$287.00M$162.00M$206.00M$187.00M$-222,000,000$181.00M
    Net Income$1.09B$875.00M$1.43B$1.10B$1.17B$481.00M$1.26B$1.03B$940.00M$944.00M$-535,000,000$937.00M
    EBITDA$1.70B$1.56B$2.32B$1.86B$1.95B$1.07B$2.13B$1.68B$1.63B$1.58B$-229,000,000$1.58B
    EBIT$1.33B$1.19B$1.92B$1.48B$1.60B$734.00M$1.71B$1.35B$1.30B$1.28B$-629,000,000$1.26B
    * Some calculated fields are derived from available data when not provided by source

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    FY2027 request ~ $1.5 trillion - $1.15T base plus $350B reconciliation, a 44% YoY increase, pushing defense spending toward 5% of GDP and creating durable, program-specific demand tailwinds Primary demand drivers are missile defense, munitions replenishment, nuclear modernization, sixth-generation air programs and a major Space Force build-out - $85B for missile defense, $17.5-17.9B Golden Dome in FY27 TOLL+M framework scores Tangible assets, Oligopoly (monopsony risk), Low incremental capital intensity, Long-duration cash flows and Macro alignment - monopsony means sole-source primes often lack true pricing power Aftermarket, proprietary suppliers win the pricing battle - TDG and GE lead for high-margin, freely priced aftermarket cash flows, while BA, LMT, and NOC carry negative-quality, fixed-price development backlog Top actionable positioning is supplier- and aftermarket-focused - RTX, TDG, and GE rank top three on the scorecard.

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    Government Contracts

    Gov Obligations (TTM)
    $11.12B
    Gov Obligations / Revenue
    25.9%
    Obligations YoY
    7.3%
    Active Awards
    2,981
    New Awards (TTM)
    1,091
    Avg Remaining Term
    25.6 mo

    Top agency: Department of Defense at 95.0% of trailing twelve month obligations across 9 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    HQ085625FE001Department of DefenseMissile Defense Agency$477.54MSep 24, 2025
    SPRTA126F0020Department of DefenseDefense Logistics Agency$264.87MDec 19, 2025
    W15QKN26F0108Department of DefenseDepartment of the Army$159.16MMar 27, 2026
    N0001926C0122Department of DefenseDepartment of the Navy$127.32MMar 26, 2026
    N0003026C1013Department of DefenseDepartment of the Navy$120.01MDec 17, 2025
    W58RGZ26C0009Department of DefenseDepartment of the Army$119.69MJan 28, 2026
    W519TC25F0378Department of DefenseDefense Contract Management Agency$99.89MSep 25, 2025
    N0001925C0010Department of DefenseDepartment of the Navy$97.50MSep 24, 2025
    N0038326FS50RDepartment of DefenseDepartment of the Navy$97.02MFeb 10, 2026
    N0042125F7048Department of DefenseDepartment of the Navy$74.68MAug 26, 2025

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    Frequently Asked Questions About NOC

    What is NOC's current dividend yield?
    Northrop Grumman Corporation (NOC) has a current dividend yield of 1.77%.
    Does NOC pay dividends?
    Yes, Northrop Grumman Corporation pays dividends with a current yield of 1.77%.
    What is NOC's P/E ratio?
    Northrop Grumman Corporation has a price-to-earnings (P/E) ratio of 18.79.
    What is NOC's market cap?
    Northrop Grumman Corporation (NOC) has a market capitalization of $77.51B with a current stock price of $539.65.

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