Is FDX or NOC cheaper?

On trailing earnings, NOC is cheaper: FDX trades at a 17.37 P/E and NOC at 15.65.

Which has grown faster, FDX or NOC?

Over the past five years, NOC grew revenue faster — FDX at a 2.47% CAGR versus NOC at 2.56%.

Does FDX or NOC pay a bigger dividend?

FDX yields 1.53% and NOC yields 1.98% based on trailing dividends and the latest price.

Is FDX or NOC more profitable?

NOC runs the higher net margin — FDX at 4.68% versus NOC at 10.80%.

Which has been the better investment, FDX or NOC?

Over the past 10-year, FDX delivered the higher annualized total return — FDX at 11.89% versus NOC at 10.68%. Past performance doesn't predict future results.

FedEx Corporation (FDX) vs Northrop Grumman Corporation (NOC)

FDX leads on 9 of 17 compared metrics, though NOC is the cheaper stock.

A side-by-side comparison of FedEx Corporation and Northrop Grumman Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 29, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Northrop Grumman Corporation

$71.02B

$500.03Industrials

Total return — FDX vs NOC

growth of $100 · last 30y

FDX +2264.7%NOC +1518.2%FDX compounded faster

FDX NOC

FDX vs NOC: by the numbers

•FDX is the larger company ($76.00B vs $71.02B market cap).
•NOC trades at the lower earnings multiple (15.65 vs 17.37 P/E).
•NOC converts more revenue to profit (10.80% vs 4.68% net margin).
•NOC pays the higher dividend yield (1.98% vs 1.53%).

Which is better, FDX or NOC?

Metric tally: FDX 9 · NOC 8

It depends on what you're optimizing for:

ValueNOC(lower P/E)

GrowthNOC(faster 5Y revenue CAGR)

IncomeNOC(higher dividend yield)

QualityNOC(higher ROIC)

Metrics side by side

Valuation

Metric	FDX	NOC
P/E ratio	17.37	15.65●
Forward P/E	14.37●	16.59
P/S ratio	0.81●	1.68
P/B ratio	2.43●	4.16
PEG ratio	1.95●	7.41
EV / EBITDA	9.90●	13.90
FCF yield	6.66%●	4.64%

Profitability

Metric	FDX	NOC
Gross margin	22.90%●	20.52%
Operating margin	6.74%	11.08%●
Net margin	4.68%	10.80%●
ROE	14.01%	26.74%●
ROIC	5.95%	9.21%●

Dividends

Metric	FDX	NOC
Dividend yield	1.53%	1.98%●
Payout ratio	26.31%	33.91%

Growth (annualized)

Metric	FDX	NOC
Revenue CAGR (5Y)	2.47%	2.56%●
EPS CAGR (5Y)	-1.27%	8.84%●
FCF CAGR (5Y)	3.77%●	-3.15%
Total return CAGR (5Y)	8.37%●	7.75%

Frequently asked

Which is better, FDX or NOC?: It depends on your goal. value: NOC (lower P/E); growth: NOC (faster 5Y revenue CAGR); income: NOC (higher dividend yield); quality: NOC (higher ROIC). Across all compared metrics, FDX leads 9 to 8.
Is FDX or NOC cheaper?: On trailing earnings, NOC is cheaper: FDX trades at a 17.37 P/E and NOC at 15.65.
Which has grown faster, FDX or NOC?: Over the past five years, NOC grew revenue faster — FDX at a 2.47% CAGR versus NOC at 2.56%.
Does FDX or NOC pay a bigger dividend?: FDX yields 1.53% and NOC yields 1.98% based on trailing dividends and the latest price.
Is FDX or NOC more profitable?: NOC runs the higher net margin — FDX at 4.68% versus NOC at 10.80%.
Which has been the better investment, FDX or NOC?: Over the past 10-year, FDX delivered the higher annualized total return — FDX at 11.89% versus NOC at 10.68%. Past performance doesn't predict future results.

Go deeper

Full FDX analysis Full NOC analysis Interactive comparison tool

Dig into the metrics

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

FedEx & Northrop Grumman appear in these rankings

Highest ROE 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 29, 2026.