Northrop Grumman Corporation (NOC) vs Waste Management, Inc. (WM)
A side-by-side comparison of Northrop Grumman Corporation and Waste Management, Inc. 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.
NOC
Northrop Grumman Corporation
$577.32IndustrialsDelayed quote: Aug 12, 2026, 4:00 PM EDT
WM
Waste Management, Inc.
$226.32IndustrialsDelayed quote: Aug 12, 2026, 4:00 PM EDT
Total return — NOC vs WM
growth of $100 · dividends reinvested · last 10yNOC +210.6% (+12.0%/yr)WM +313.6% (+15.3%/yr)WM compounded faster over this window
NOC WM
NOC vs WM: by the numbers
- •WM is the larger company ($90.46B vs $82.02B market cap).
- •NOC trades at the lower trailing earnings multiple (18.34 vs 32.06 P/E), one valuation lens rather than an overall verdict.
- •WM converts more revenue to profit (11.12% vs 10.48% net margin).
- •WM grew revenue faster over the past five years (9.22% vs 2.67% CAGR).
- •NOC pays the higher dividend yield (1.63% vs 1.56%).
Metrics side by side
Valuation
| Metric | NOC | WM |
|---|---|---|
| P/E ratio | 18.34 | 32.06 |
| Forward P/E | 20.02 | 27.88 |
| P/S ratio | 1.92 | 3.56 |
| P/B ratio | 4.60 | 9.20 |
| EV / EBITDA | 16.33 | 14.68 |
| FCF yield | 4.43% | 3.91% |
Profitability
| Metric | NOC | WM |
|---|---|---|
| Gross margin | 20.06% | 35.04% |
| Operating margin | 10.18% | 18.54% |
| Net margin | 10.48% | 11.12% |
| ROE | 25.14% | 28.74% |
| ROIC | 9.21% | 8.88% |
Dividends
| Metric | NOC | WM |
|---|---|---|
| Dividend yield | 1.63% | 1.56% |
| Payout ratio | 32.26% | 52.68% |
Growth (annualized)
| Metric | NOC | WM |
|---|---|---|
| Revenue CAGR (5Y) | 2.67% | 9.22% |
| EPS CAGR (5Y) | 8.84% | 13.68% |
| FCF CAGR (5Y) | 6.92% | 7.05% |
| Total return CAGR (5Y) | 11.46% | 10.27% |
Frequently asked
- Which has the lower trailing P/E, NOC or WM?
- NOC has the lower trailing P/E: NOC trades at 18.34 and WM at 32.06. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, NOC or WM?
- Over the past five years, WM grew revenue faster — NOC at a 2.67% CAGR versus WM at 9.22%.
- Does NOC or WM pay a bigger dividend?
- NOC yields 1.63% and WM yields 1.56% based on trailing dividends and the latest price.
- Is NOC or WM more profitable?
- WM runs the higher net margin — NOC at 10.48% versus WM at 11.12%.
- How have NOC and WM total returns compared?
- Over the past 10 years, NOC delivered 12.01% and WM delivered 15.06% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Northrop Grumman P/E ratioWaste Management P/E ratioNorthrop Grumman dividend yieldWaste Management dividend yieldNorthrop Grumman ROEWaste Management ROENorthrop Grumman operating marginWaste Management operating marginNorthrop Grumman revenue growthWaste Management revenue growthNorthrop Grumman free cash flowWaste Management free cash flow
Northrop Grumman & Waste Management 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 13, 2026.