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

FDX has the lower trailing P/E: FDX trades at 17.82 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, FDX or NOC?

Over the past five years, NOC grew revenue faster — FDX at a 2.47% CAGR versus NOC at 2.67%.

Does FDX or NOC pay a bigger dividend?

FDX yields 1.45% and NOC yields 1.63% 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 10.48%.

How have FDX and NOC total returns compared?

Over the past 10 years, FDX delivered 11.13% and NOC delivered 12.01% annualized total return. Past performance doesn't predict future results.

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

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 August 13, 2026. Differences are shown without an overall score or investment verdict.

FDX

FedEx Corporation

$78.77B

$332.95IndustrialsDelayed quote: Aug 13, 2026, 12:45 PM EDT

NOC

Northrop Grumman Corporation

$81.49B

$573.63IndustrialsDelayed quote: Aug 13, 2026, 12:45 PM EDT

Total return — FDX vs NOC

growth of $100 · dividends reinvested · last 10y

FDX +183.2% (+11.0%/yr)NOC +210.6% (+12.0%/yr)NOC compounded faster over this window

FDX NOC

FDX vs NOC: by the numbers

•NOC is the larger company ($81.49B vs $78.77B market cap).
•FDX trades at the lower trailing earnings multiple (17.82 vs 18.34 P/E), one valuation lens rather than an overall verdict.
•NOC converts more revenue to profit (10.48% vs 4.68% net margin).
•NOC grew revenue faster over the past five years (2.67% vs 2.47% CAGR).
•NOC pays the higher dividend yield (1.63% vs 1.45%).

Metrics side by side

Valuation

Metric	FDX	NOC
P/E ratio	17.82	18.34
Forward P/E	16.45	20.02
P/S ratio	0.83	1.92
P/B ratio	2.49	4.60
EV / EBITDA	10.08	16.33
FCF yield	6.50%	4.43%

Profitability

Metric	FDX	NOC
Gross margin	22.90%	20.06%
Operating margin	6.74%	10.18%
Net margin	4.68%	10.48%
ROE	14.01%	25.14%
ROIC	5.95%	9.21%

Dividends

Metric	FDX	NOC
Dividend yield	1.45%	1.63%
Payout ratio	25.46%	32.26%

Growth (annualized)

Metric	FDX	NOC
Revenue CAGR (5Y)	2.47%	2.67%
EPS CAGR (5Y)	-1.27%	8.84%
FCF CAGR (5Y)	3.77%	6.92%
Total return CAGR (5Y)	10.15%	11.46%

Frequently asked

Which has the lower trailing P/E, FDX or NOC?: FDX has the lower trailing P/E: FDX trades at 17.82 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, FDX or NOC?: Over the past five years, NOC grew revenue faster — FDX at a 2.47% CAGR versus NOC at 2.67%.
Does FDX or NOC pay a bigger dividend?: FDX yields 1.45% and NOC yields 1.63% 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 10.48%.
How have FDX and NOC total returns compared?: Over the past 10 years, FDX delivered 11.13% and NOC delivered 12.01% annualized total return. 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 August 13, 2026.