Back to NOC overview

NOC Northrop Grumman PE ratio, current and historical analysis

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.

NOC PE ratio history

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

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

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

NOC PE vs peers

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

Frequently asked questions

What is Northrop Grumman's PE ratio?

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

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

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

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

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

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 74% 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 (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.