Northrop Grumman's fundamentals appear stable with modest revenue growth of 5.1% in 2026Q2 and a strengthening balance sheet, as total debt fell 18.5% from $20.0B to $16.3B since 2024Q1. However, gross margin compression to 19.5% from 21.4% a year earlier and ...
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth remains stable at 5.1% in 2026Q2, but gross margin compressed to 19.5% from 21.4% a year earlier, while operating margin of 10.1% trails the 13.8% peak in 2025Q2, indicating cost pressures.
Northrop Grumman benefits from a wide economic moat, providing a competitive advantage in the defense sector.
The B-21 program is a key growth driver, though technical delays could pose risks.
The company is well-positioned to benefit from sustained government spending on space infrastructure.
Trailing total returns as of 10/3/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Jul 21, 2026 | $7.68+12.6% vs $6.82 | $10.9B+0.7% vs $10.8B |
Q2 2026 Apr 21, 2026 | $6.14+1.3% vs $6.06 | $9.9B+1.3% vs $9.8B |
Q1 2026 Jan 27, 2026 | $7.23+3.6% vs $6.98 | $11.7B+0.8% vs $11.6B |
Q4 2025 Oct 21, 2025 | $7.67+19.1% vs $6.44 | $10.4B-2.7% vs $10.7B |
A universal boost for today's systems that delivers the speed tomorrow's networks demand A universal boost for today's systems that delivers the speed tomorrow's networks demand
Stocks clawed back from a wild Thursday session, oil surged past $100, and Wall Street analysts reshuffled their bets on names from Airbnb to Northrop Grumman. Find out which stocks got upgraded, downgraded, or newly covered heading into the first Friday of Q4 2026.
Boeing secured the $20B Navy sixth-generation fighter jet contract, consolidating both NGAD fighter programs after winning the Air Force F-47 award. BA's selection leverages shared technology, production investments, and existing carrier-based and drone capabilities, but introduces significant cost and schedule risk. Short-term cost savings and industrial base concerns drove the decision, yet BA's recent history of overruns and delays heightens execution risk for both programs.
Defense budgets are surging toward record levels, yet three of America's biggest contractors enter October trading nowhere near their peaks. One of them just posted the largest earnings beat of the group, and the market still walked away unimpressed.
Benchmark NOC against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Northrop Grumman Corporation (NOC)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $478.00 | $67.91B | 16.44 | 2.24% | 9.97% | 26.17% | 1.88% | |
| $505.41 | $116.64B | 23.52 | 5.65% | 8.16% | 86.24% | — | |
| $184.68 | $248.9B | 37.23 | 9.74% | 8.28% | 11.48% | — | |
| $330.09 | $89.31B | 21.35 | 10.13% | 8.18% | 17.43% | — | |
| $193.56 | $152.98B | 78.05 | 34.5% | 2.59% | 104.66% | — | |
| $268.54 | $10.58B | 17.45 | 8.23% | 5.01% | 12.89% | — |
Northrop Grumman Corporation (NOC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Northrop Grumman Corporation (NOC) SEC filings — annual & quarterly reports (10-K, 10-Q)
Jul 21, 2026·SEC
May 21, 2026·SEC
Apr 21, 2026·SEC
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Northrop Grumman Corporation (NOC) stock FAQ — growth, dividends, profitability & financials explained
Northrop Grumman Corporation (NOC) reported $42.89B in revenue for fiscal year 2025. This represents a 431% increase from $8.07B in 1996.
Northrop Grumman Corporation (NOC) grew revenue by 2.2% over the past year. Growth has been modest.
Yes, Northrop Grumman Corporation (NOC) is profitable, generating $4.50B in net income for fiscal year 2025 (10.0% net margin).
Yes, Northrop Grumman Corporation (NOC) pays a dividend with a yield of 1.88%. This makes it attractive for income-focused investors.
Northrop Grumman Corporation (NOC) has a return on equity (ROE) of 26.2%. This is excellent, indicating efficient use of shareholder capital.
Northrop Grumman Corporation (NOC) generated $3.65B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
