NOC Northrop Grumman PE ratio, current and historical analysis
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- Industrials
- NYSE: NOC
- PE Ratio
As of Aug 5, 2025, the Northrop Grumman stock's P/E ratio is 21.71. This takes into account the latest EPS of $27.18 and stock price of $589.95. The PE ratio at present is nearly equal to the average from the previous 4 quarters.
NOC PE ratio history
The PE ratio of Northrop Grumman has averaged 18.63 over the last ten years. The current price-to-earnings ratio of 21.71 is 17% more 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.
Northrop Grumman PE ratio by year
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 |
Northrop Grumman PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jun 2025 | 18.4 | -8.78% | $499.98 | $27.18 |
| Mar 2025 | 20.17 | 22.02% | $512.01 | $25.38 |
| 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 |
NOC Price vs fair value
NOC average PE ratio chart
Currently, NOC's PE ratio is above its 3, 5 and 10-year averages.
NOC PE vs peers
When compared to its peers LMT and KTOS, NOC's PE ratio is lower, but it is higher than GD's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GD General Dynamics Corp | 20.83 | $84.4B |
| NOC Northrop Grumman Corp | 21.71 | $84.47B |
| LMT Lockheed Martin Corp | 23.98 | $99.98B |
| KTOS Kratos Defense & Security Solutions Inc | 456.92 | $9.11B |
| BA Boeing Co | N/A | $170.03B |
Frequently asked questions
What is Northrop Grumman's PE ratio?
The price to earnings ratio for NOC stock as of Aug 5, 2025, stands at 21.71.
What is the 3-year average PE ratio for Northrop Grumman (NOC)?
The 3-year average PE ratio for NOC stock is 21.56.
What is the 5-year average PE ratio for Northrop Grumman (NOC)?
The 5-year average PE ratio for NOC stock is 18.41.
What is the highest PE ratio for NOC?
Over the last ten years, the Dec 2023 quarter recorded the highest quarterly PE ratio at 34.5.
How does the current PE ratio for NOC compare to its historical average?
NOC's price to earnings ratio is currently 17% above its 10-year historical average.
How is NOC's PE ratio calculated (Northrop Grumman PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Aug 5, 2025), Northrop Grumman's share price is $589.95. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2025 is $27.18. Therefore, Northrop Grumman's price to earnings ratio for today is 21.71. PE RATIO(21.71) = STOCK PRICE($589.95) / TTM EPS($27.18)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.