NOC
Northrop Grumman
PEG ratio, current and historical analysis
- Stocks
- Industrials
- NYSE: NOC
- PEG Ratio
Northrop Grumman currently trades with a PEG ratio of 0.61, based on Jun 22, 2026 data. Dividing the 15.85 PE ratio by the 26.1% earnings growth rate produces this figure. Relative to the 2.23 average from the past 4 quarters, the PEG ratio has shrunk by 73%.
NOC PEG ratio history
Historically, Northrop Grumman maintains a PEG ratio averaging 1.29 across the last ten years. At 0.61, today's PEG ratio sits 53% lower than its historical average. The ten years high came in the Dec 2025 quarter at 7.53, reflecting peak valuation relative to growth. The bottom was reached in the Dec 2021 quarter at 0.07, suggesting favorable value relative to growth during that period.
Northrop Grumman PEG ratio by year
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 7.53 | 19.57 | 2.6% |
| 2024 | 0.15 | 16.53 | 109.2% |
| 2023 | N/A | 34.5 | -57.1% |
| 2022 | N/A | 17.26 | -27.7% |
| 2021 | 0.07 | 8.86 | 129% |
| 2020 | 0.37 | 15.97 | 43.7% |
| 2019 | N/A | 25.9 | -28.6% |
| 2018 | 1.01 | 13.17 | 13% |
| 2017 | 0.42 | 18.66 | 44% |
| 2016 | 2.34 | 20.37 | 8.7% |
| 2015 | 2.94 | 17.96 | 6.1% |
| 2014 | 0.9 | 14.87 | 16.6% |
| 2013 | 1.98 | 13.48 | 6.8% |
| 2012 | 2.07 | 8.49 | 4.1% |
| 2011 | 0.71 | 7.64 | 10.7% |
Northrop Grumman PEG ratio by quarter (TTM)
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 0.82 | 21.32 | 26.1% |
| Dec 2025 | 7.53 | 19.57 | 2.6% |
| Sep 2025 | 0.31 | 21.88 | 71.6% |
| Jun 2025 | 0.24 | 18.4 | 76.4% |
| Mar 2025 | 0.26 | 20.17 | 76.4% |
| Dec 2024 | 0.15 | 16.53 | 109.2% |
| Sep 2024 | N/A | 32.54 | -46.9% |
| Jun 2024 | N/A | 28.29 | -49.1% |
| Mar 2024 | N/A | 33.26 | -53.6% |
| Dec 2023 | N/A | 34.5 | -57.1% |
| Sep 2023 | N/A | 14.41 | -13.2% |
| Jun 2023 | N/A | 15.06 | -15.8% |
| Mar 2023 | N/A | 14.89 | -14.5% |
| Dec 2022 | N/A | 17.26 | -27.7% |
| Sep 2022 | 0.57 | 13.36 | 23.4% |
NOC average PEG ratio chart
NOC's PEG ratio today comes in under the 3, 5 and 10-year averages.
PEG comparison
Northrop Grumman's PEG of 0.61 is lower than the Industrials sector and the industry average. In comparison with the Industrials sector average of 1.13, Northrop Grumman's PEG is 46% lower.
NOC EPS growth
NOC Price vs fair value
NOC PEG vs peers
NOC carries a PEG ratio lower than that of peer stocks BA and GD.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| NOC Northrop Grumman Corp | 0.62 | $73.22B |
| BA Boeing Co | 0.74 | $172.22B |
| GD General Dynamics Corp | 2.04 | $94.2B |
| KTOS Kratos Defense & Security Solutions Inc | 7.45 | $9.68B |
| LMT Lockheed Martin Corp | N/A | $115.2B |
Frequently asked questions
What is Northrop Grumman's PEG ratio?
NOC's Jun 22, 2026 PEG ratio comes in at 0.61.
What is the 3-year average PEG ratio for Northrop Grumman (NOC)?
NOC shows a 3-year average PEG ratio of 1.55.
What is the 5-year average PEG ratio for Northrop Grumman (NOC)?
NOC shows a 5-year average PEG ratio of 0.92.
What is the highest PEG ratio for NOC?
In the last ten years, NOC's peak PEG ratio of 7.53 occurred in the Dec 2025 quarter.
How does the current PEG ratio for NOC compare to its historical average?
Compared to the 10-year average, NOC's PEG ratio sits 53% lower.
How is NOC's PEG ratio calculated (Northrop Grumman PEG ratio formula)?
PEG equals PE divided by EPS growth rate (YoY TTM). As of Jun 22, 2026, Northrop Grumman carries a PE ratio of 15.85. Earnings grew at 26.1% over the TTM period ending Mar 2026. Applying the formula, this yields a PEG ratio of 0.61. PEG RATIO(0.61) = PE RATIO(15.85) / EPS GROWTH(26.1%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.