About northrop grumman corp. - NOC
Northrop Grumman Corp. engages in the provision of advanced aircraft systems. It operates through the following segments: Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems. The Aeronautics Systems segment is involved in the design, development, production, integration, sustainment, and modernization of advanced aircraft systems for the U.S. Air Force, the U.S. Navy, other U.S. government agencies, and international customers. The Defense Systems segment includes integrated battle management systems, weapons systems and aircraft, and mission systems sustainment and modernization. The Mission Systems segment offers advanced mission solutions and multifunction systems, primarily for the U.S. defense and intelligence community, and international customers. The Space Systems segment delivers end-to-end mission solutions through the design, development, integration, production and operation of space, missile defense, launch and strategic missile systems for national security, civil government, commercial, and international customers. The company was founded by John K. Northrop, Thomas V. Jones, and Kent Kresa in 1939 and is headquartered in Falls Church, VA.
NOC At a Glance
Northrop Grumman Corp.
2980 Fairview Park Drive
Falls Church, Virginia 22042
| Phone | 1-703-280-2900 | Revenue | 39.29B | |
| Industry | Aerospace & Defense | Net Income | 2.06B | |
| Sector | Electronic Technology | 2023 Sales Growth | 7.344% | |
| Fiscal Year-end | 12 / 2024 | Employees | 101,000 | |
| View SEC Filings |
NOC Valuation
| P/E Current | 30.738 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 34.61 |
| Price to Sales Ratio | 1.811 |
| Price to Book Ratio | 4.75 |
| Price to Cash Flow Ratio | 18.363 |
| Enterprise Value to EBITDA | 21.702 |
| Enterprise Value to Sales | 2.14 |
| Total Debt to Enterprise Value | 0.191 |
NOC Efficiency
| Revenue/Employee | 389,009.901 |
| Income Per Employee | 20,356.436 |
| Receivables Turnover | 4.544 |
| Total Asset Turnover | 0.87 |
NOC Liquidity
| Current Ratio | 1.13 |
| Quick Ratio | 1.038 |
| Cash Ratio | 0.26 |
NOC Profitability
| Gross Margin | 16.673 |
| Operating Margin | 6.457 |
| Pretax Margin | 5.971 |
| Net Margin | 5.233 |
| Return on Assets | 4.554 |
| Return on Equity | 13.658 |
| Return on Total Capital | 6.666 |
| Return on Invested Capital | 6.921 |
NOC Capital Structure
| Total Debt to Total Equity | 108.469 |
| Total Debt to Total Capital | 52.031 |
| Total Debt to Total Assets | 34.479 |
| Long-Term Debt to Equity | 105.968 |
| Long-Term Debt to Total Capital | 50.832 |
Northrop Grumman Corp. in the News
Newest Air Force stealth bomber, the $750M B-21 Raider, takes first flight
The U.S. Air Force B-21 bomber has taken its first test flight in California, with officials saying the aircraft can strike targets “anywhere in the world."
Israel war boosts Lockheed Martin, Northrup Grumman, other defense stocks
Northrop Grumman, Lockheed Martin and other defense stocks rose on speculation the attack on Israel by Hamas terrorists that left thousands dead will boost demand for weapons.
Lockheed Martin stock hit on report Pentagon lowered F-35 order
Shares of Lockheed Martin tumbled this week following a report that the U.S. Defense Department decided to trim the number of F-35 stealth warplanes from its next budget by 35%.
North Dakota sues Biden administration for cancellation of oil pipelines
North Dakota has launched a lawsuit against the Biden administration for suspending the sale of oil and gas leases on federal lands, alleging it could cost the state billions of dollars.