As of May 9, 2025, the Northrop Grumman stock's P/E ratio is 19.02. This takes into account the latest EPS of $25.38 and stock price of $482.62. The PE ratio has decreased by 22% from its last 4 quarters average of 24.4.
The PE ratio of Northrop Grumman has averaged 18.56 over the last ten years. The current price-to-earnings ratio of 19.02 is 2.5% 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.
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 |
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 |
Currently, NOC's PE ratio is above its 5 and 10-year averages, but it is under its 3-year average.
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 |
---|---|---|
NOC Northrop Grumman Corp | 18.75 | $68.49B |
GD General Dynamics Corp | 18.88 | $73.86B |
LMT Lockheed Martin Corp | 20.26 | $110.43B |
KTOS Kratos Defense & Security Solutions Inc | 259.15 | $5.17B |
BA Boeing Co | N/A | $149.35B |
The price to earnings ratio for NOC stock as of May 9, 2025, stands at 19.02.
The 3-year average PE ratio for NOC stock is 21.13.
The 5-year average PE ratio for NOC stock is 18.56.
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 2.5% 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 (May 9, 2025), Northrop Grumman's share price is $482.62. 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 19.02. PE RATIO(19.02) = STOCK PRICE($482.62) / TTM EPS($25.38)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.