How to play defense stocks in 2026
It was a big year for defense and aerospace stocks, with names like GE Aerospace (GE) and RTX (RTX) up more than 50% in 2025. Gabelli Funds Portfolio Manager Tony Bancroft, who manages the Gabelli Fun...
Fiscal Year: January - December
Northrop Grumman Corporation (NOC), listed on the NYSE, has a market capitalization of $. As of Jan 05, 2026, the stock is trading at $585.66 per share, offering investors a clear view of its current market value. Northrop Grumman Corporation is a prominent player in the industry sector, attracting both institutional and retail investors due to its performance and potential.
With a P/E ratio of 21.06, investors can assess the stock's valuation in comparison to its earnings. A P/E ratio is a crucial indicator for value investors, showing whether the stock is over or undervalued relative to its current earnings. Northrop Grumman Corporation also offers a dividend yield of 1.58%, making it an attractive option for income-focused investors who seek regular dividends.
Our Discounted Cash Flow (DCF) analysis reveals that Northrop Grumman Corporation (NOC) may be overvalued compared to its intrinsic worth. However, to see the exact DCF fair value, please Login or Upgrade for access.
The proprietary SS Score for Northrop Grumman Corporation is a unique metric that analyzes the company's financial health and growth potential. The score takes into account critical factors such as revenue growth, net income, free cash flow (FCF) compound annual growth rate (CAGR), the trend of shares outstanding, and the debt-to-FCF ratio. This helps investors to make a more informed decision, as an undervalued stock might still have poor financial fundamentals.
To view the detailed SS Score for Northrop Grumman Corporation, Login or Upgrade for access.
The Price to Free Cash Flow (P/FCF) ratio for Northrop Grumman Corporation is 45.58, offering insights into how much investors are paying for the company's free cash flow. A lower P/FCF ratio typically suggests that the stock is undervalued, while a higher ratio may indicate overvaluation.
In summary, Northrop Grumman Corporation (NOC) has shown consistent financial performance, as illustrated by the financial charts above, which track its revenue growth, net income, free cash flow, and shares outstanding over the past several years. These metrics provide investors with key insights into the company's past and projected future performance. Investors should use the SS Score alongside the DCF Fair Value to make better-informed decisions about whether to buy or hold the stock.
*This analysis is for informational purposes only and does not constitute investment advice. Always read the company's 10-K filings and do your own research before making any investment decisions.
Whether Northrop Grumman Corporation (NOC) is a good stock to buy depends on various factors, including its financial health, market conditions, and your investment strategy. Our analysis indicates that the stock may be overvalued compared to its intrinsic value. However, it is important to assess the SS Score and review the company's fundamentals before making any investment decisions.
The fair value of Northrop Grumman Corporation (NOC) is determined through our Discounted Cash Flow (DCF) analysis. This value represents the intrinsic worth of the stock based on its expected future cash flows. To view the specific fair value, consider subscribing to our service for complete access.
The SS Score is a proprietary financial quality metric that assesses factors such as revenue growth, net income, free cash flow growth, and debt levels. It helps investors evaluate the overall financial health of Northrop Grumman Corporation. To access the full SS Score, consider upgrading your subscription.
Northrop Grumman Corporation is a significant player in the industry sector, with a market capitalization of $ and a competitive P/E ratio of 21.06. Investors should compare these metrics with industry peers to gauge whether Northrop Grumman Corporation is outperforming or underperforming within its sector.
FALLS CHURCH, Va., Dec. 18, 2025 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announced today that its fourth quarter and full-year 2025 financial results will be released on Tuesday, ...
The Trump administration is planning an executive order that would limit dividends, buybacks and executive pay for defense contractors that are over-budget and delayed, according to three sources brie...
CNBC's Morgan Brennan sits down with Northrop Grumman CEO Kathy Warden to discuss competition from new defense tech startups, changes to the Pentagon's acquisition process and more.
Fox Business' Max Gorden gets an exclusive look at Northrop Grumman's new autonomous combat drone, 'Project Talon' on 'Varney & Co.'
On 12/1/25, ITT, Lockheed Martin, and Northrop Grumman will all trade ex-dividend for their respective upcoming dividends. ITT will pay its quarterly dividend of $0.351 on 12/31/25, Lockheed Martin wi...
U.S. defence company Northrop Grumman expects continued growth in Europe even if the Russian war in Ukraine is halted, as nations aim to replenish weapons stockpiles depleted during the conflict, the ...
FALLS CHURCH, Va., Nov. 19, 2025 (GLOBE NEWSWIRE) -- The board of directors of Northrop Grumman Corporation (NYSE: NOC) declared a quarterly dividend of $2.31 per share on Northrop Grumman common stoc...
Northrop Grumman Corporation ( NOC) Baird 55th Annual Global Industrial Conference November 12, 2025 9:30 AM EST Company Participants Kathy Warden - Chair, CEO & President Conference Call Participant...
FALLS CHURCH, Va., Nov. 06, 2025 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announces that its board of directors has elected John Greene corporate vice president and chief financial...
The US defense industry has become the visible engine of reindustrialization — a sector where manufacturing, innovation, and employment merge to sustain America's technological and economic leadership...
FALLS CHURCH, Va., Nov. 05, 2025 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) will participate in the Baird 2025 Global Industrial Conference on Wednesday, November 12. Kathy Warden, c...
I rarely change my portfolio, but this time I made one of my biggest moves ever, selling a major winner to strengthen my core holdings. I reinvested the proceeds across key themes I believe will defin...
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Future Tech Enterprise, Inc, a global IT solutions provider, offering a diverse array of technology services and solutions to the corporate and government secto...
Northrop Grumman Corporation (NYSE:NOC) reported upbeat third-quarter 2025 earnings on Tuesday, even as sales came in slightly below forecasts.
Northrop Grumman Corporation (NYSE:NOC) Q3 2025 Earnings Call October 21, 2025 9:30 AM EDT Company Participants Todd Ernst - Vice President, Investor Relations Kathy Warden - Chair, CEO & President K...
GE Aerospace, Northrop Grumman, RTX and Lockheed Martin all raised their 2025 outlooks in their earnings reports Tuesday morning, citing higher demand. The defense firms also topped earnings estimates...
The defense contractor says it expects lower sales in its aeronautics-systems business for the full year.
FALLS CHURCH, Va., Oct. 21, 2025 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has released its third quarter 2025 financial results. A copy of the earnings release has been furnished i...
Northrop Grumman raised its 2025 profit forecast for a second straight quarter on Tuesday, as the defense contractor expects continued demand for its weapons and military aircraft.
The government shutdown hasn't been great for defense stocks. But it could be time to buy them.
Northrop Grumman is rated Hold/Sell due to operational headwinds and overvaluation after a strong share price rally. NOC faces challenges from cost overruns on the Sentinel missile program, B-21 Raide...
My portfolio remains highly concentrated, with core positions in Comfort Systems, LandBridge, Texas Pacific Land, and defense stocks. Among others, I focus on three main investment theses: energy/wate...
Wednesday, Deutsche Bank analyst Scott Deuschle upgraded shares of Northrop Grumman to Buy from Hold. He took his price up to $700 from $575 a share.
The government is taking stakes in key US companies. This isn't a bailout but a strategic shift to secure vital supply chains and maintain a competitive edge against global rivals. This new reality ch...
Below estimates were sourced from SimplyWallSt and are intended for educational purposes only as a baseline for the analysis.
| Year | FCF Estimate | % | # Analysts |
|---|---|---|---|
| 2025 | 2.97B | 13.48% | Est @13.5% |
| 2026 | 3.33B | 11.88% | Analyst x12 |
| 2027 | 3.55B | 6.77% | Analyst x10 |
| 2028 | 3.73B | 5.03% | Analyst x4 |
| 2029 | 3.86B | 3.44% | Analyst x2 |
| 2030 | 3.95B | 2.37% | Est @2.4% |
| 2031 | 4.05B | 2.39% | Est @2.4% |
| 2032 | 4.14B | 2.41% | Est @2.4% |
| 2033 | 4.24B | 2.42% | Est @2.4% |
| 2034 | 4.34B | 2.27% | Est @2.3% |
Below are the FCF estimates with the discount factor and the calculated present value with the terminal value that led the results above.
| Year | FCF | Discount Factor | PV of Future FCF |
|---|---|---|---|
| 2023A | 2.10B | 1.00 | 2.10B |
| 2024A | 2.62B | 1.00 | 2.62B |
| 2025E | 2.97B | 1.07 | 2.78B |
| 2026E | 3.33B | 1.14 | 2.91B |
| 2027E | 3.55B | 1.22 | 2.90B |
| 2028E | 3.73B | 1.31 | 2.85B |
| 2029E | 3.86B | 1.40 | 2.76B |
| 2030E | 3.95B | 1.50 | 2.64B |
| 2031E | 4.05B | 1.60 | 2.53B |
| 2032E | 4.14B | 1.71 | 2.42B |
| 2033E | 4.24B | 1.83 | 2.32B |
| 2034E | 4.34B | 1.96 | 2.21B |
| Terminal | 99.69B | 1.96 | 50.86B |
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