Which has the lower trailing P/E, CNI or NOC?

NOC has the lower trailing P/E: CNI trades at 22.61 and NOC at 18.34. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, CNI or NOC?

Over the past five years, CNI grew revenue faster — CNI at a 2.73% CAGR versus NOC at 2.67%.

Does CNI or NOC pay a bigger dividend?

CNI yields 2.07% and NOC yields 1.63% based on trailing dividends and the latest price.

Is CNI or NOC more profitable?

CNI runs the higher net margin — CNI at 26.92% versus NOC at 10.48%.

How have CNI and NOC total returns compared?

Over the past 10 years, CNI delivered 9.27% and NOC delivered 12.01% annualized total return. Past performance doesn't predict future results.

Canadian National Railway Company (CNI) vs Northrop Grumman Corporation (NOC)

A side-by-side comparison of Canadian National Railway Company and Northrop Grumman Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 13, 2026. Differences are shown without an overall score or investment verdict.

CNI

Canadian National Railway Company

$77.38B

$127.93IndustrialsDelayed quote: Aug 13, 2026, 9:45 AM EDT

NOC

Northrop Grumman Corporation

$82.00B

$577.22IndustrialsDelayed quote: Aug 13, 2026, 9:45 AM EDT

Total return — CNI vs NOC

growth of $100 · dividends reinvested · last 10y

CNI +142.7% (+9.3%/yr)NOC +212.2% (+12.1%/yr)NOC compounded faster over this window

CNI NOC

CNI vs NOC: by the numbers

•NOC is the larger company ($82.00B vs $77.38B market cap).
•NOC trades at the lower trailing earnings multiple (18.34 vs 22.61 P/E), one valuation lens rather than an overall verdict.
•CNI converts more revenue to profit (26.92% vs 10.48% net margin).
•CNI pays the higher dividend yield (2.07% vs 1.63%).

Metrics side by side

Valuation

Metric	CNI	NOC
P/E ratio	22.61	18.34
Forward P/E	15.37	20.02
P/S ratio	6.02	1.92
P/B ratio	4.98	4.60
EV / EBITDA	14.99	16.33
FCF yield	3.32%	4.43%

Profitability

Metric	CNI	NOC
Gross margin	44.43%	20.06%
Operating margin	37.54%	10.18%
Net margin	26.92%	10.48%
ROE	22.25%	25.14%
ROIC	8.90%	9.21%

Dividends

Metric	CNI	NOC
Dividend yield	2.07%	1.63%
Payout ratio	47.41%	32.26%

Growth (annualized)

Metric	CNI	NOC
Revenue CAGR (5Y)	2.73%	2.67%
EPS CAGR (5Y)	6.99%	8.84%
FCF CAGR (5Y)	-0.98%	6.92%
Total return CAGR (5Y)	5.32%	11.46%

Frequently asked

Which has the lower trailing P/E, CNI or NOC?: NOC has the lower trailing P/E: CNI trades at 22.61 and NOC at 18.34. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CNI or NOC?: Over the past five years, CNI grew revenue faster — CNI at a 2.73% CAGR versus NOC at 2.67%.
Does CNI or NOC pay a bigger dividend?: CNI yields 2.07% and NOC yields 1.63% based on trailing dividends and the latest price.
Is CNI or NOC more profitable?: CNI runs the higher net margin — CNI at 26.92% versus NOC at 10.48%.
How have CNI and NOC total returns compared?: Over the past 10 years, CNI delivered 9.27% and NOC delivered 12.01% annualized total return. Past performance doesn't predict future results.

Go deeper

Full CNI analysis Full NOC analysis Interactive comparison tool

Dig into the metrics

Canadian National Railway P/E ratio Northrop Grumman P/E ratio Canadian National Railway dividend yield Northrop Grumman dividend yield Canadian National Railway ROE Northrop Grumman ROE Canadian National Railway operating margin Northrop Grumman operating margin Canadian National Railway revenue growth Northrop Grumman revenue growth Canadian National Railway free cash flow Northrop Grumman free cash flow

Canadian National Railway & Northrop Grumman appear in these rankings

Highest Dividend Yield Stocks 25+ Year Dividend Growers Highest ROE Stocks Highest Operating Margin Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 13, 2026.