Is CP or NOC cheaper?

On trailing earnings, NOC is cheaper: CP trades at a 24.71 P/E and NOC at 15.52.

Which has grown faster, CP or NOC?

Over the past five years, CP grew revenue faster — CP at a 15.26% CAGR versus NOC at 2.56%.

Does CP or NOC pay a bigger dividend?

CP yields 0.87% and NOC yields 1.99% based on trailing dividends and the latest price.

Is CP or NOC more profitable?

CP runs the higher net margin — CP at 26.86% versus NOC at 10.80%.

Which has been the better investment, CP or NOC?

Over the past 10-year, CP delivered the higher annualized total return — CP at 14.15% versus NOC at 10.28%. Past performance doesn't predict future results.

Canadian Pacific Kansas City Ltd. (CP) vs Northrop Grumman Corporation (NOC)

NOC leads on 9 of 17 compared metrics.

A side-by-side comparison of Canadian Pacific Kansas City Ltd. and Northrop Grumman Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 30, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Canadian Pacific Kansas City Ltd.

$76.92B

$86.65Industrials

NOC

Northrop Grumman Corporation

$72.34B

$509.31Industrials

Total return — CP vs NOC

growth of $100 · last 30y

CP +3868.5%NOC +1518.2%CP compounded faster

CP NOC

CP vs NOC: by the numbers

•CP is the larger company ($76.92B vs $72.34B market cap).
•NOC trades at the lower earnings multiple (15.52 vs 24.71 P/E).
•CP converts more revenue to profit (26.86% vs 10.80% net margin).
•CP grew revenue faster over the past five years (15.26% vs 2.56% CAGR).
•NOC pays the higher dividend yield (1.99% vs 0.87%).

Which is better, CP or NOC?

Metric tally: CP 8 · NOC 9

It depends on what you're optimizing for:

ValueNOC(lower P/E)

GrowthCP(faster 5Y revenue CAGR)

IncomeNOC(higher dividend yield)

QualityNOC(higher ROIC)

Metrics side by side

Valuation

Metric	CP	NOC
P/E ratio	24.71	15.52●
Forward P/E	14.73●	16.45
P/S ratio	6.55	1.67●
P/B ratio	2.33●	4.13
PEG ratio	1.65●	7.41
EV / EBITDA	15.88	13.81●
FCF yield	1.90%	4.68%●

Profitability

Metric	CP	NOC
Gross margin	46.67%●	20.52%
Operating margin	36.78%●	11.08%
Net margin	26.86%●	10.80%
ROE	9.56%	26.74%●
ROIC	5.09%	9.21%●

Dividends

Metric	CP	NOC
Dividend yield	0.87%	1.99%●
Payout ratio	22.96%	33.91%

Growth (annualized)

Metric	CP	NOC
Revenue CAGR (5Y)	15.26%●	2.56%
EPS CAGR (5Y)	3.04%	8.84%●
FCF CAGR (5Y)	8.84%●	-3.15%
Total return CAGR (5Y)	3.18%	8.48%●

Frequently asked

Which is better, CP or NOC?: It depends on your goal. value: NOC (lower P/E); growth: CP (faster 5Y revenue CAGR); income: NOC (higher dividend yield); quality: NOC (higher ROIC). Across all compared metrics, NOC leads 9 to 8.
Is CP or NOC cheaper?: On trailing earnings, NOC is cheaper: CP trades at a 24.71 P/E and NOC at 15.52.
Which has grown faster, CP or NOC?: Over the past five years, CP grew revenue faster — CP at a 15.26% CAGR versus NOC at 2.56%.
Does CP or NOC pay a bigger dividend?: CP yields 0.87% and NOC yields 1.99% based on trailing dividends and the latest price.
Is CP or NOC more profitable?: CP runs the higher net margin — CP at 26.86% versus NOC at 10.80%.
Which has been the better investment, CP or NOC?: Over the past 10-year, CP delivered the higher annualized total return — CP at 14.15% versus NOC at 10.28%. Past performance doesn't predict future results.

Go deeper

Full CP analysis Full NOC analysis Interactive comparison tool

Dig into the metrics

Canadian Pacific Kansas City P/E ratio Northrop Grumman P/E ratio Canadian Pacific Kansas City dividend yield Northrop Grumman dividend yield Canadian Pacific Kansas City ROE Northrop Grumman ROE Canadian Pacific Kansas City operating margin Northrop Grumman operating margin Canadian Pacific Kansas City revenue growth Northrop Grumman revenue growth Canadian Pacific Kansas City free cash flow Northrop Grumman free cash flow

Canadian Pacific Kansas City & Northrop Grumman appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks Highest Operating Margin Stocks Highest FCF Yield 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 June 30, 2026.