Northrop Grumman Corp
Research Northrop Grumman Corp (NOC) on Bullrun: valuation model: 28.1% undervalued, market cap USD 68.90B, P/E 15.4, dividend yield 2.0%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerNOC
- ExchangeNYSE
- CountryUnited States
- SectorIndustrials
- IndustryAerospace & Defense
- CurrencyUSD
- Valuation signal28.1% undervalued
- Market capUSD 68.90B
- P/E15.4
- Dividend yield2.0%
- Financial periodQ2 2026
- RevenueUSD 10.88B
- Net incomeUSD 1.09B
- Free cash flowUSD 978.00M
- Gross margin19.5%
Valuation Snapshot
Bullrun's latest valuation model marks Northrop Grumman Corp as 28.1% undervalued; latest market cap is USD 68.90B; P/E is 15.4; dividend yield is 2.0%.
Peer valuation comparison
Latest P/E is 15.38x versus a Industrials sector median of 21.18x (27.4% below).
Latest dividend yield is 1.99% versus a Industrials sector median of 2.27% (12.3% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 41.95B | USD 4.18B | USD 3.31B | 19.8% | 29.08 | USD 4.40B | USD 15.70B | USD 16.67B |
| FY2024 | USD 41.03B | USD 4.17B | USD 2.62B | 20.4% | 28.34 | USD 4.35B | USD 16.27B | USD 15.29B |
| FY2023 | USD 39.29B | USD 2.06B | USD 2.10B | 16.7% | 13.53 | USD 3.11B | USD 13.86B | USD 14.80B |
| FY2022 | USD 36.60B | USD 4.90B | USD 1.47B | 20.4% | 31.47 | USD 2.58B | USD 12.88B | USD 15.31B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-12 | USD 68.90B | 15.4 | 2.0% | 9.56 |
| 2025 | 2025-12-31 | USD 80.97B | 19.5 | 1.6% | 8.99 |
| 2024 | 2024-12-31 | USD 68.02B | 16.5 | 1.7% | 8.05 |
| 2023 | 2023-12-29 | USD 70.59B | 15.4 | 1.6% | 7.34 |
| 2022 | 2022-12-30 | USD 83.98B | 15.6 | 1.2% | 6.76 |
| 2021 | 2021-12-31 | USD 60.49B | 8.9 | 1.6% | 6.16 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 9.56 USD, yield 2.0%.
| Year | Dividends/share |
|---|---|
| FY2025 | 8.99 USD |
| FY2024 | 8.05 USD |
| FY2023 | 7.34 USD |
| FY2022 | 6.76 USD |
About Northrop Grumman Corp
Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. It operates through four segments: Aeronautics Systems, Defense Systems, Mission Systems and Space Systems. The Aeronautics Systems segment designs, develops, produces, integrates, sustains, and modernizes aircraft systems.
ETFs that hold Northrop Grumman Corp
Northrop Grumman Corp is one of the ten largest holdings of 4 ETFs that investors in Europe can buy, most traded first:
| ETF | Weight | TER |
|---|---|---|
| Future of Defence UCITS ETF - Accumulating | 4.34% | 0.49% |
| Global X Defence Tech UCITS ETF USD Accumulating | 7.98% | 0.50% |
| ETC Group Web 3.0 UCITS ETF | 5.13% | 0.65% |
| First Trust Bloomberg Space Economy UCITS ETF Class A USD ACC | 4.51% | 0.65% |
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Frequently asked questions
Is Northrop Grumman Corp overvalued or undervalued?
Bullrun's valuation model currently marks Northrop Grumman Corp as 28.1% undervalued.
What is Northrop Grumman Corp's market cap?
Northrop Grumman Corp's market capitalization is USD 68.90B.
What is Northrop Grumman Corp's P/E ratio?
Northrop Grumman Corp's price-to-earnings (P/E) ratio is 15.4.
Does Northrop Grumman Corp pay a dividend?
Northrop Grumman Corp has a dividend yield of 2.0%.
What does Northrop Grumman Corp do?
Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. It operates through four segments: Aeronautics Systems, Defense Systems, Mission Systems and Space Systems. The Aeronautics Systems segment designs, develops, produces, integrates, sustains, and modernizes aircraft systems.