Back to NOC overview
#
NOC Northrop Grumman
PE ratio, current and historical analysis

## NOC PE ratio history

### Northrop Grumman PE ratio by year

## NOC average PE ratio chart

## NOC PE vs peers

## Frequently asked questions

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What is Northrop Grumman's PE ratio?

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What is the 3-year average PE ratio for Northrop Grumman (NOC)?

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What is the 5-year average PE ratio for Northrop Grumman (NOC)?

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What is the highest PE ratio for NOC?

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How does the current PE ratio for NOC compare to its historical average?

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How is NOC's PE ratio calculated (Northrop Grumman PE ratio formula)?

As of Jul 23, 2024, the Northrop Grumman stock's P/E ratio is 30.74. This takes into account the latest EPS of $14.39 and stock price of $442.3. The PE ratio has increased by 26% from its last 4 quarters average of 24.3.

How has NOC's PE ratio performed in the past

The PE ratio of Northrop Grumman has averaged 17.7 over the last ten years. The current price-to-earnings ratio of 30.74 is 74% 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.

Average

17.7

Median

16.65

Minimum

8.86

Maximum

34.5

Maximum annual increase: 99.88% in 2023

Maximum annual decrease: -44.52% in 2021

Year | PE ratio | Change |
---|---|---|

2023 | 34.5 | 99.88% |

2022 | 17.26 | 94.81% |

2021 | 8.86 | -44.52% |

2020 | 15.97 | -38.34% |

2019 | 25.9 | 96.66% |

2018 | 13.17 | -29.42% |

2017 | 18.66 | -8.39% |

2016 | 20.37 | 13.42% |

2015 | 17.96 | 20.78% |

2014 | 14.87 | 10.31% |

What is the average PE ratio of NOC for the past years

Currently, NOC's PE ratio is above its 3, 5 and 10-year averages.

3-year avg

17.26

5-year avg

18.06

10-year avg

17.7

15-year avg

15.1

What is NOC's PE ratio compared to its peers

When compared to its peer stocks LMT and GD, NOC's PE ratio is higher.

Stock name | PE ratio | Market cap |
---|---|---|

LMT Lockheed Martin Corp | 18.13 | $119.49B |

GD General Dynamics Corp | 23.75 | $80.79B |

NOC Northrop Grumman Corp | 30.74 | $65.46B |

BA Boeing Co | N/A | $114.48B |

KTOS Kratos Defense & Security Solutions Inc | N/A | $3.38B |

The price to earnings ratio for NOC stock as of Jul 23, 2024, stands at 30.74.

The 3-year average PE ratio for NOC stock is 17.26.

The 5-year average PE ratio for NOC stock is 18.06.

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 74% above 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 (Jul 23, 2024), Northrop Grumman's share price is $442.3. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $14.39. Therefore, Northrop Grumman's price to earnings ratio for today is 30.74. `PE RATIO(30.74) = STOCK PRICE($442.3) / TTM EPS($14.39)`

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.