NOC Northrop Grumman PE ratio, current and historical analysis
As of Oct 22, 2024, the Northrop Grumman stock's P/E ratio is 33.76. This takes into account the latest EPS of $15.41 and stock price of $520.2. The PE ratio has increased by 22% from its last 4 quarters average of 27.6.
NOC PE ratio history
The PE ratio of Northrop Grumman has averaged 18.07 over the last ten years. The current price-to-earnings ratio of 33.76 is 87% 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: -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% |
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 peer KTOS, NOC's PE ratio is lower, but it is higher than LMT's and GD's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| LMT Lockheed Martin Corp | 20.6 | $135.39B |
| GD General Dynamics Corp | 23.46 | $83.66B |
| NOC Northrop Grumman Corp | 33.51 | $75.51B |
| KTOS Kratos Defense & Security Solutions Inc | 343.14 | $3.63B |
| BA Boeing Co | N/A | $96.81B |
Frequently asked questions
What is Northrop Grumman's PE ratio?
The price to earnings ratio for NOC stock as of Oct 22, 2024, stands at 33.76.
What is the 3-year average PE ratio for Northrop Grumman (NOC)?
The 3-year average PE ratio for NOC stock is 18.69.
What is the 5-year average PE ratio for Northrop Grumman (NOC)?
The 5-year average PE ratio for NOC stock is 18.44.
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 87% 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 (Oct 22, 2024), Northrop Grumman's share price is $520.2. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $15.41. Therefore, Northrop Grumman's price to earnings ratio for today is 33.76. PE RATIO(33.76) = STOCK PRICE($520.2) / TTM EPS($15.41)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.