NYSE: NOC
Northrop Grumman Corporation
Industrials · Aerospace & Defense
After hours: $570.23(+0.01%) · as of 7:59 PM ET
Market Cap
$81.00B
52w High
$774.00
52w Low
$479.02
P/E
18.06
Volume
490.07K
Outstanding Shares
142.06M
Performance
Return analysis
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 2.5% over the last year. Revenue grew 5.9% over the trailing twelve months. Operating margin moved from 10.39% to 10.18%. Free cash flow grew 178.75% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 10.18%. A decisive move in revenue — currently up 5.9% — would be the clearest signal to resolve the ambiguity.
Company profile
Northrop Grumman Corporation is a leading global player in the aerospace and defense sectors.
Valuation
Stock splits
Every 1807 shares became 2000
Every 1 shares became 2
Every 1 shares became 3
Every 1 shares became 2
Every 1000 shares became 1499
Profitability & growth
Analyst consensus
20
Buy
14
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Oct 20, 2026
Q4 FY26 · EPS est $7.15 · Revenue est $11.13B
View
Dividends
$9.40/shareQuarterlyDividend Aristocrat · 43yrSafeNOC pays a dividend with a 1.65% dividend yield, 43 consecutive years of growth, growing at 9.69% annually, covered 2.6× by free cash flow.
Dividend Yield
1.65%
Annual Div / Share
$9.40
5yr CAGR
+9.69%
Doubles every ~7.5yr
Payout Ratio
29.87%
Safe
Dividend Growth Rate
3yr CAGR
+10.01%
5yr CAGR
+9.69%
10yr CAGR
+11.04%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$1/mo
In 5 yrs
$2/mo
In 10 yrs
$3/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$16/yr $1/mo | $26/yr+59% $2/mo | $42/yr+152% $3/mo |
Yield-on-cost grows from 1.65% → 4.16% over 10yr
Analysis
Dividend Strengths
Dividend Aristocrat
NOC has raised its dividend for 43 consecutive years — qualifying as a Dividend Aristocrat, demonstrating long-term commitment to shareholder income.
Well-covered by free cash flow
The dividend is covered 2.6× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Strong dividend growth rate
The 5-year CAGR of 9.69% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.