Emerson Electric Co. (EMR) vs Northrop Grumman Corporation (NOC)
A side-by-side comparison of Emerson Electric Co. and Northrop Grumman Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 20, 2026. Differences are shown without an overall score or investment verdict.
EMR
Emerson Electric Co.
$157.60IndustrialsAt close: Aug 19, 2026, 4:00 PM ET
NOC
Northrop Grumman Corporation
$582.84IndustrialsAt close: Aug 19, 2026, 4:00 PM ET
Total return — EMR vs NOC
growth of $100 · dividends reinvested · last 10yEMR +280.0% (+14.3%/yr)NOC +215.3% (+12.2%/yr)EMR compounded faster over this window
EMR NOC
EMR vs NOC: by the numbers
- •EMR is the larger company ($88.28B vs $82.80B market cap).
- •NOC trades at the lower trailing earnings multiple (18.51 vs 34.49 P/E), one valuation lens rather than an overall verdict.
- •EMR converts more revenue to profit (13.83% vs 10.48% net margin).
- •NOC grew revenue faster over the past five years (2.67% vs 0.87% CAGR).
- •NOC pays the higher dividend yield (1.61% vs 1.41%).
Metrics side by side
Valuation
| Metric | EMR | NOC |
|---|---|---|
| P/E ratio | 34.49 | 18.51 |
| Forward P/E | 24.09 | 20.21 |
| P/S ratio | 4.75 | 1.94 |
| P/B ratio | 4.34 | 4.64 |
| EV / EBITDA | 19.78 | 16.46 |
| FCF yield | 3.91% | 4.39% |
Profitability
| Metric | EMR | NOC |
|---|---|---|
| Gross margin | 53.16% | 20.06% |
| Operating margin | 20.11% | 10.18% |
| Net margin | 13.83% | 10.48% |
| ROE | 12.65% | 25.14% |
| ROIC | 7.93% | 9.97% |
Dividends
| Metric | EMR | NOC |
|---|---|---|
| Dividend yield | 1.41% | 1.61% |
| Payout ratio | 54.55% | 32.26% |
Growth (annualized)
| Metric | EMR | NOC |
|---|---|---|
| Revenue CAGR (5Y) | 0.87% | 2.67% |
| EPS CAGR (5Y) | 4.54% | 8.84% |
| FCF CAGR (5Y) | 0.41% | 6.92% |
| Total return CAGR (5Y) | 11.45% | 11.85% |
Frequently asked
- Which has the lower trailing P/E, EMR or NOC?
- NOC has the lower trailing P/E: EMR trades at 34.49 and NOC at 18.51. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, EMR or NOC?
- Over the past five years, NOC grew revenue faster — EMR at a 0.87% CAGR versus NOC at 2.67%.
- Does EMR or NOC pay a bigger dividend?
- EMR yields 1.41% and NOC yields 1.61% based on trailing dividends and the latest price.
- Is EMR or NOC more profitable?
- EMR runs the higher net margin — EMR at 13.83% versus NOC at 10.48%.
- How have EMR and NOC total returns compared?
- Over the past 10 years, EMR delivered 14.27% and NOC delivered 12.15% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Emerson Electric P/E ratioNorthrop Grumman P/E ratioEmerson Electric dividend yieldNorthrop Grumman dividend yieldEmerson Electric ROENorthrop Grumman ROEEmerson Electric operating marginNorthrop Grumman operating marginEmerson Electric revenue growthNorthrop Grumman revenue growthEmerson Electric free cash flowNorthrop Grumman free cash flow
Emerson Electric & Northrop Grumman appear in these rankings
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 20, 2026.