NOC Northrop Grumman PE ratio, current and historical analysis
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- Industrials
- NYSE: NOC
- PE Ratio
As of May 14, 2025, the Northrop Grumman stock's P/E ratio is 17.98. This takes into account the latest EPS of $25.38 and stock price of $456.3. The PE ratio has decreased by 26% from its last 4 quarters average of 24.4.
NOC PE ratio history
The PE ratio of Northrop Grumman has averaged 18.56 over the last ten years. The current price-to-earnings ratio of 17.98 is 3.1% 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.
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 |
|---|---|---|---|---|
| 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 |
| Sep 2021 | 12.63 | -3.44% | $360.15 | $28.52 |
NOC Price vs fair value
NOC average PE ratio chart
Currently, NOC's PE ratio is under its 3, 5 and 10-year averages.
NOC PE vs peers
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 | 17.98 | $65.67B |
| GD General Dynamics Corp | 18.57 | $72.65B |
| LMT Lockheed Martin Corp | 19.3 | $105.24B |
| KTOS Kratos Defense & Security Solutions Inc | 257.92 | $5.14B |
| BA Boeing Co | N/A | $154.36B |
Frequently asked questions
What is Northrop Grumman's PE ratio?
The price to earnings ratio for NOC stock as of May 14, 2025, stands at 17.98.
What is the 3-year average PE ratio for Northrop Grumman (NOC)?
The 3-year average PE ratio for NOC stock is 21.13.
What is the 5-year average PE ratio for Northrop Grumman (NOC)?
The 5-year average PE ratio for NOC stock is 18.56.
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 3.1% below 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 (May 14, 2025), Northrop Grumman's share price is $456.3. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $25.38. Therefore, Northrop Grumman's price to earnings ratio for today is 17.98. PE RATIO(17.98) = STOCK PRICE($456.3) / TTM EPS($25.38)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.