As of Apr 1, 2025, the Northrop Grumman stock's P/E ratio is 18.07. This takes into account the latest EPS of $28.39 and stock price of $513.1. The PE ratio has decreased by 35% from its last 4 quarters average of 27.7.
The PE ratio of Northrop Grumman has averaged 18.52 over the last ten years. The current price-to-earnings ratio of 18.07 is 2.4% less than the historical average. Analyzing the last ten years, NOC's PE ratio reached its highest point in the Dec 2023 quarter at 34.5, when the price was $468.14 and the EPS was $13.57. The lowest point was recorded in the Dec 2021 quarter, when it reached 8.86 with a price of $387.07 and an EPS of $43.7.
Maximum annual increase: 99.88% in 2023
Maximum annual decrease: -52.09% in 2024
Year | PE ratio | PE change | Price | EPS |
---|---|---|---|---|
2024 | 16.53 | -52.09% | $469.29 | $28.39 |
2023 | 34.5 | 99.88% | $468.14 | $13.57 |
2022 | 17.26 | 94.81% | $545.61 | $31.61 |
2021 | 8.86 | -44.52% | $387.07 | $43.7 |
2020 | 15.97 | -38.34% | $304.72 | $19.08 |
2019 | 25.9 | 96.66% | $343.97 | $13.28 |
2018 | 13.17 | -29.42% | $244.9 | $18.59 |
2017 | 18.66 | -8.39% | $306.91 | $16.45 |
2016 | 20.37 | 13.42% | $232.58 | $11.42 |
2015 | 17.96 | 20.78% | $188.81 | $10.51 |
2014 | 14.87 | 10.31% | $147.39 | $9.91 |
2013 | 13.48 | 58.78% | $114.61 | $8.5 |
2012 | 8.49 | 11.13% | $67.58 | $7.96 |
2011 | 7.64 | -18.46% | $58.48 | $7.65 |
2010 | 9.37 | -11.44% | $64.78 | $6.91 |
Year | PE ratio | PE change | Price | EPS |
---|---|---|---|---|
Dec 2024 | 16.53 | -49.2% | $469.29 | $28.39 |
Sep 2024 | 32.54 | 15.02% | $528.07 | $16.23 |
Jun 2024 | 28.29 | -14.94% | $435.95 | $15.41 |
Mar 2024 | 33.26 | -3.59% | $478.66 | $14.39 |
Dec 2023 | 34.5 | 139.42% | $468.14 | $13.57 |
Sep 2023 | 14.41 | -4.32% | $440.19 | $30.55 |
Jun 2023 | 15.06 | 1.14% | $455.8 | $30.27 |
Mar 2023 | 14.89 | -13.73% | $461.72 | $31.01 |
Dec 2022 | 17.26 | 29.19% | $545.61 | $31.61 |
Sep 2022 | 13.36 | 0.3% | $470.32 | $35.2 |
Jun 2022 | 13.32 | 8.03% | $478.57 | $35.93 |
Mar 2022 | 12.33 | 39.16% | $447.22 | $36.28 |
Dec 2021 | 8.86 | -29.85% | $387.07 | $43.7 |
Sep 2021 | 12.63 | -3.44% | $360.15 | $28.52 |
Jun 2021 | 13.08 | 10.57% | $363.43 | $27.78 |
Currently, NOC's PE ratio is under its 3, 5 and 10-year averages.
When compared to its peer stocks LMT and GD, NOC's PE ratio is lower.
Stock name | PE ratio | Market cap |
---|---|---|
NOC Northrop Grumman Corp | 18.07 | $74.27B |
GD General Dynamics Corp | 19.85 | $74.11B |
LMT Lockheed Martin Corp | 20.04 | $105.6B |
KTOS Kratos Defense & Security Solutions Inc | 266.36 | $4.48B |
BA Boeing Co | N/A | $126.14B |
The price to earnings ratio for NOC stock as of Apr 1, 2025, stands at 18.07.
The 3-year average PE ratio for NOC stock is 21.22.
The 5-year average PE ratio for NOC stock is 18.47.
Over the last ten years, the Dec 2023 quarter recorded the highest quarterly PE ratio at 34.5.
NOC's price to earnings ratio is currently 2.4% below its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Apr 1, 2025), Northrop Grumman's share price is $513.1. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $28.39. Therefore, Northrop Grumman's price to earnings ratio for today is 18.07. PE RATIO(18.07) = STOCK PRICE($513.1) / TTM EPS($28.39)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.