Northrop Grumman Statistics
Total Valuation
NOC has a market cap or net worth of $69.40 billion. The enterprise value is $82.97 billion.
| Market Cap | 69.40B |
| Enterprise Value | 82.97B |
Important Dates
The last earnings date was Thursday, April 25, 2024, before market open.
| Earnings Date | Apr 25, 2024 |
| Ex-Dividend Date | May 24, 2024 |
Share Statistics
NOC has 147.99 million shares outstanding. The number of shares has decreased by -2.55% in one year.
| Shares Outstanding | 147.99M |
| Shares Change (YoY) | -2.55% |
| Shares Change (QoQ) | -0.99% |
| Owned by Insiders (%) | 0.24% |
| Owned by Institutions (%) | 83.71% |
| Float | 139.15M |
Valuation Ratios
The trailing PE ratio is 32.63 and the forward PE ratio is 18.38. NOC's PEG ratio is 0.91.
| PE Ratio | 32.63 |
| Forward PE | 18.38 |
| PS Ratio | 1.73 |
| Forward PS | 1.66 |
| PB Ratio | 4.88 |
| P/FCF Ratio | 32.53 |
| PEG Ratio | 0.91 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 18.94, with an EV/FCF ratio of 38.86.
| EV / Earnings | 38.45 |
| EV / Sales | 2.07 |
| EV / EBITDA | 18.94 |
| EV / EBIT | 27.28 |
| EV / FCF | 38.86 |
Financial Position
The company has a current ratio of 1.13, with a Debt / Equity ratio of 1.17.
| Current Ratio | 1.13 |
| Quick Ratio | 0.86 |
| Debt / Equity | 1.17 |
| Debt / EBITDA | 3.78 |
| Debt / FCF | 7.76 |
| Interest Coverage | 5.41 |
Financial Efficiency
Return on equity (ROE) is 14.30% and return on invested capital (ROIC) is 7.52%.
| Return on Equity (ROE) | 14.30% |
| Return on Assets (ROA) | 4.70% |
| Return on Capital (ROIC) | 7.52% |
| Revenue Per Employee | $397,248 |
| Profits Per Employee | $21,366 |
| Employee Count | 101,000 |
| Asset Turnover | 0.87 |
| Inventory Turnover | 26.90 |
Taxes
In the past 12 months, NOC has paid $321.00 million in taxes.
| Income Tax | 321.00M |
| Effective Tax Rate | 12.95% |
Stock Price Statistics
The stock price has increased by +5.98% in the last 52 weeks. The beta is 0.33, so NOC's price volatility has been lower than the market average.
| Beta (1Y) | 0.33 |
| 52-Week Price Change | +5.98% |
| 50-Day Moving Average | 467.50 |
| 200-Day Moving Average | 458.70 |
| Relative Strength Index (RSI) | 48.38 |
| Average Volume (30 Days) | 934,570 |
Short Selling Information
The latest short interest is 2.05 million, so 1.39% of the outstanding shares have been sold short.
| Short Interest | 2.05M |
| Short Previous Month | 1.81M |
| Short % of Shares Out | 1.39% |
| Short % of Float | 1.47% |
| Short Ratio (days to cover) | 1.77 |
Income Statement
In the last 12 months, NOC had revenue of $40.12 billion and earned $2.16 billion in profits. Earnings per share was $14.37.
| Revenue | 40.12B |
| Gross Profit | 6.70B |
| Operating Income | 2.66B |
| Pretax Income | 2.48B |
| Net Income | 2.16B |
| EBITDA | 4.38B |
| EBIT | 3.04B |
| Earnings Per Share (EPS) | $14.37 |
Balance Sheet
The company has $3.06 billion in cash and $16.57 billion in debt, giving a net cash position of -$13.51 billion or -$91.30 per share.
| Cash & Cash Equivalents | 3.06B |
| Total Debt | 16.57B |
| Net Cash | -13.51B |
| Net Cash Per Share | -$91.30 |
| Equity / Book Value | 14.22B |
| Book Value Per Share | 96.11 |
| Working Capital | 1.66B |
Cash Flow
In the last 12 months, operating cash flow was $3.87 billion and capital expenditures -$1.74 billion, giving a free cash flow of $2.14 billion.
| Operating Cash Flow | 3.87B |
| Capital Expenditures | -1.74B |
| Free Cash Flow | 2.14B |
| FCF Per Share | $14.34 |
Margins
Gross margin is 16.70%, with operating and profit margins of 6.63% and 5.38%.
| Gross Margin | 16.70% |
| Operating Margin | 6.63% |
| Pretax Margin | 6.18% |
| Profit Margin | 5.38% |
| EBITDA Margin | 10.92% |
| EBIT Margin | 7.58% |
| FCF Margin | 5.32% |
Dividends & Yields
This stock pays an annual dividend of $8.24, which amounts to a dividend yield of 1.76%.
| Dividend Per Share | $8.24 |
| Dividend Yield | 1.76% |
| Dividend Growth (YoY) | 8.64% |
| Years of Dividend Growth | 19 |
| Payout Ratio | 57.34% |
| Buyback Yield | 2.55% |
| Shareholder Yield | 4.30% |
| Earnings Yield | 3.11% |
| FCF Yield | 3.07% |
Analyst Forecast
The average price target for NOC is $500.55, which is 6.74% higher than the current price. The consensus rating is "Buy".
| Price Target | $500.55 |
| Price Target Difference | 6.74% |
| Analyst Consensus | Buy |
| Analyst Count | 12 |
| Revenue Growth Forecast (5Y) | 4.99% |
| EPS Growth Forecast (5Y) | 20.44% |
Stock Splits
The last stock split was on March 31, 2011. It was a forward split with a ratio of 10000:9035.
| Last Split Date | Mar 31, 2011 |
| Split Type | Forward |
| Split Ratio | 10000:9035 |
Scores
NOC has an Altman Z-Score of 2.75 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.75 |
| Piotroski F-Score | 6 |