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NOCNorthrop Grumman Corporation

Is the EV/Sales ratio high or low?

The EV/Sales ratio of 2.04x is 11% below its 5-year average of 2.29x, near the low end of its 5-year range (1.79x–2.98x).

As of Monday, June 29, 2026. 18.09% below its 12-month average of 2.49x.

EV/Sales Ratio

NOC EV/Sales Ratio Chart

2.04x
-6.85% 1Y
NOC EV/Sales Ratio

NOC Average EV/Sales Ratio Chart

NOC EV/Sales Ratio

NOC Current vs Average EV/Sales Ratio Chart

NOC EV/Sales Ratio Metrics

EV/SALES RATIO

2.04x

EV/SALES RATIO AVG TTM

2.49x

EV/SALES RATIO AVG 3Y

2.24x

EV/SALES RATIO AVG 5Y

2.28x

EV/SALES RATIO AVG 10Y

2.19x

EV/SALES RATIO AVG 15Y

1.82x

EV/SALES RATIO AVG 20Y

1.54x

CURRENT VS TTM AVG

-18.09%

CURRENT VS 3Y AVG

-8.97%

CURRENT VS 5Y AVG

-10.64%

CURRENT VS 10Y AVG

-7.05%

CURRENT VS 15Y AVG

+11.97%

CURRENT VS 20Y AVG

+32.79%

NOC Competitors' EV/Sales Ratio

NAMEMARKET CAPEV/SALES RATIOTTM3Y5Y
Northrop Grumman Corporation (NOC)$71.02B2.04x2.49x2.24x2.28x
Bloom Energy Corporation (BE)vs ›$71.69B33.01x18.22x8.32x6.84x
United Rentals, Inc. (URI)vs ›$70.27B5.27x4.47x4.07x3.81x
Norfolk Southern Corporation (NSC)vs ›$70.26B7.07x6.69x5.99x6.14x
Canadian National Railway Company (CNI)vs ›$73.13B7.15x6.39x6.76x7.17x
Cintas Corporation (CTAS)vs ›$68.78B6.59x7.65x7.77x7.07x
TransDigm Group Incorporated (TDG)vs ›$74.09B11.07x11.56x11.85x11.28x
Republic Services, Inc. (RSG)vs ›$66.58B4.03x4.69x4.76x4.62x
FedEx Corporation (FDX)vs ›$76.00B1.12x1.02x0.97x0.93x
Comfort Systems USA, Inc. (FIX)vs ›$65.27B6.38x4.60x2.81x2.16x

Understanding EV/Sales

Enterprise Value (EV) = Market Cap + Total Debt - Cash

Sales = Total Revenue (TTM)

EV/Sales is commonly used because:

  • It works for unprofitable companies where P/E doesn't apply
  • Revenue is harder to manipulate than earnings
  • It supports comparisons across companies at different profitability stages
  • It is frequently used for software and other revenue-growth-focused companies

Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.

EV/Sales Ratio Formula & Definition

EV/Sales = Enterprise Value / Revenue (TTM)

Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

EV/Sales Ratio FAQ

What is the EV/Sales ratio for Northrop Grumman Corporation (NOC)?
The EV/Sales ratio for NOC stock is 2.04x.
Is Northrop Grumman Corporation's EV/Sales ratio high or low?
The EV/Sales ratio of 2.04x is 11% below its 5-year average of 2.29x, near the low end of its 5-year range (1.79x–2.98x).
What is the TTM average EV/Sales ratio for Northrop Grumman Corporation (NOC)?
The TTM average EV/Sales ratio for NOC stock is 2.49x.
What is the 3Y average EV/Sales ratio for Northrop Grumman Corporation (NOC)?
The 3Y average EV/Sales ratio for NOC stock is 2.24x.
What is the 5Y average EV/Sales ratio for Northrop Grumman Corporation (NOC)?
The 5Y average EV/Sales ratio for NOC stock is 2.28x.
What is the 10Y average EV/Sales ratio for Northrop Grumman Corporation (NOC)?
The 10Y average EV/Sales ratio for NOC stock is 2.19x.
What is the 15Y average EV/Sales ratio for Northrop Grumman Corporation (NOC)?
The 15Y average EV/Sales ratio for NOC stock is 1.82x.
What is the 20Y average EV/Sales ratio for Northrop Grumman Corporation (NOC)?
The 20Y average EV/Sales ratio for NOC stock is 1.54x.

NOC EV/Sales Ratio History

DATEEV/SALES RATIO
2026-06-262.04x
2026-06-252.03x
2026-06-242.05x
2026-06-232.08x
2026-06-222.06x
2026-06-182.11x
2026-06-172.20x
2026-06-162.21x
2026-06-152.19x
2026-06-122.20x
2026-06-112.21x
2026-06-102.18x
2026-06-092.20x
2026-06-082.17x
2026-06-052.18x
2026-06-042.19x
2026-06-032.12x
2026-06-022.16x
2026-06-012.17x
2026-05-292.25x
2026-05-282.23x
2026-05-272.21x
2026-05-262.23x
2026-05-222.22x
2026-05-212.21x
2026-05-202.21x
2026-05-192.22x
2026-05-182.20x
2026-05-152.17x
2026-05-142.20x
2026-05-132.21x
2026-05-122.23x
2026-05-112.20x
2026-05-082.20x
2026-05-072.21x
2026-05-062.23x
2026-05-052.23x
2026-05-042.26x
2026-05-012.26x
2026-04-302.30x
2026-04-292.28x
2026-04-282.30x
2026-04-272.29x
2026-04-242.29x
2026-04-232.33x
2026-04-222.34x
2026-04-212.41x
2026-04-202.60x
2026-04-172.63x
2026-04-162.66x
2026-04-152.68x
2026-04-142.68x
2026-04-132.69x
2026-04-102.66x
2026-04-092.72x
2026-04-082.71x
2026-04-072.72x
2026-04-062.74x
2026-04-022.76x
2026-04-012.74x
2026-03-312.69x
2026-03-302.65x
2026-03-272.68x
2026-03-262.72x
2026-03-252.72x
2026-03-242.69x
2026-03-232.68x
2026-03-202.77x
2026-03-192.80x
2026-03-182.83x
2026-03-172.83x
2026-03-162.87x
2026-03-132.86x
2026-03-122.87x
2026-03-112.86x
2026-03-102.87x
2026-03-092.91x
2026-03-062.94x
2026-03-052.89x
2026-03-042.93x
2026-03-032.95x
2026-03-022.98x
2026-02-272.83x
2026-02-262.79x
2026-02-252.76x
2026-02-242.84x
2026-02-232.84x
2026-02-202.83x
2026-02-192.88x
2026-02-182.83x
2026-02-172.75x
2026-02-132.76x
2026-02-122.73x
2026-02-112.68x
2026-02-102.70x
2026-02-092.74x
2026-02-062.78x
2026-02-052.74x
2026-02-042.71x
2026-02-032.77x
2026-02-022.70x
2026-01-302.72x
2026-01-292.73x
2026-01-282.71x
2026-01-272.68x
2026-01-262.74x
2026-01-232.78x
2026-01-222.77x
2026-01-212.75x
2026-01-202.73x
2026-01-162.76x
2026-01-152.72x
2026-01-142.71x
2026-01-132.62x
2026-01-122.63x
2026-01-092.59x
2026-01-082.49x
2026-01-072.45x
2026-01-062.56x
2026-01-052.57x
2026-01-022.48x
2025-12-312.42x
2025-12-302.44x
2025-12-292.45x
2025-12-262.45x
2025-12-242.47x
2025-12-232.46x
2025-12-222.47x
2025-12-192.42x
2025-12-182.39x
2025-12-172.40x
2025-12-162.42x
2025-12-152.44x
2025-12-122.42x
2025-12-112.39x
2025-12-102.37x
2025-12-092.35x
2025-12-082.36x
2025-12-052.35x
2025-12-042.36x
2025-12-032.36x
2025-12-022.34x
2025-12-012.34x
2025-11-282.43x
2025-11-262.41x
2025-11-252.42x
2025-11-242.41x
2025-11-212.41x
2025-11-202.41x
2025-11-192.40x
2025-11-182.41x
2025-11-172.40x
2025-11-142.38x
2025-11-132.38x
2025-11-122.38x
2025-11-112.41x
2025-11-102.40x
2025-11-072.42x
2025-11-062.43x
2025-11-052.42x
2025-11-042.45x
2025-11-032.44x
2025-10-312.47x
2025-10-302.45x
2025-10-292.47x
2025-10-282.51x
2025-10-272.51x
2025-10-242.55x
2025-10-232.55x
2025-10-222.51x
2025-10-212.52x
2025-10-202.57x
2025-10-172.54x
2025-10-162.56x
2025-10-152.60x
2025-10-142.66x
2025-10-132.63x
2025-10-102.65x
2025-10-092.69x
2025-10-082.70x
2025-10-072.64x
2025-10-062.63x
2025-10-032.60x
2025-10-022.58x
2025-10-012.58x
2025-09-302.60x
2025-09-292.54x
2025-09-262.54x
2025-09-252.51x
2025-09-242.51x
2025-09-232.48x
2025-09-222.48x
2025-09-192.47x
2025-09-182.47x
2025-09-172.48x
2025-09-162.49x
2025-09-152.47x
2025-09-122.48x
2025-09-112.50x
2025-09-102.49x
2025-09-092.46x
2025-09-082.50x
2025-09-052.50x
2025-09-042.49x
2025-09-032.50x
2025-09-022.53x
2025-08-292.53x
2025-08-282.52x
2025-08-272.52x
2025-08-262.54x
2025-08-252.52x
2025-08-222.54x
2025-08-212.55x
2025-08-202.54x
2025-08-192.51x
2025-08-182.51x
2025-08-152.51x
2025-08-142.51x
2025-08-132.50x
2025-08-122.50x
2025-08-112.49x
2025-08-082.50x
2025-08-072.52x
2025-08-062.53x
2025-08-052.53x
2025-08-042.53x
2025-08-012.52x
2025-07-312.48x
2025-07-302.47x
2025-07-292.47x
2025-07-282.45x
2025-07-252.46x
2025-07-242.45x
2025-07-232.45x
2025-07-222.43x
2025-07-212.27x
2025-07-182.28x
2025-07-172.30x
2025-07-162.28x
2025-07-152.27x
2025-07-142.29x
2025-07-112.26x
2025-07-102.26x
2025-07-092.24x
2025-07-082.23x
2025-07-072.24x
2025-07-032.23x
2025-07-022.21x
2025-07-012.22x
2025-06-302.21x
2025-06-272.19x
2025-06-262.19x
2025-06-252.16x
2025-06-242.15x
2025-06-232.21x
2025-06-202.20x
2025-06-182.19x
2025-06-172.23x
2025-06-162.20x
2025-06-132.27x

Showing the most recent 260 of 5,032 data points. The chart above shows the full history.

About Northrop Grumman Corporation

Northrop Grumman Corporation is a leading global player in the aerospace and defense sectors. Its Aeronautics Systems division is responsible for the full lifecycle of aircraft, from design and development to production, integration, and ongoing maintenance. This includes a diverse portfolio of crewed and uncrewed aerial platforms: advanced strategic long-range strike aircraft, tactical fighter and air superiority jets, and sophisticated airborne systems for battle management and command and control. Additionally, it specializes in autonomous uncrewed aircraft systems, such as high-altitude, long-endurance strategic intelligence, surveillance, and reconnaissance (ISR) platforms, alongside vertical take-off and landing tactical ISR systems. The Defense Systems segment focuses on creating and delivering a wide array of weapons and mission technologies. Its offerings encompass integrated battle management solutions, various weapons platforms, and specialized aircraft. Key products include command and control systems, munitions, and missiles, alongside precision strike capabilities. The segment is also at the forefront of propulsion technologies, offering both air-breathing and advanced hypersonic systems, as well as sophisticated gun systems and precision munitions. Beyond products, it provides comprehensive life-cycle support, including software services, ongoing maintenance, logistics, operational assistance, and modernization efforts for air, sea, and ground-based defense systems. Within its Mission Systems division, Northrop Grumman delivers critical capabilities spanning cybersecurity, C4ISR (command, control, communications, computers, intelligence, surveillance, and reconnaissance). This includes developing advanced sensing technologies such as radar, electro-optical/infrared, and acoustic sensors, alongside electronic warfare systems. The division also provides cutting-edge communications and networking solutions, intelligence processing, navigation systems, and maritime power, propulsion, and payload launch systems. Furthermore, it supplies airborne multifunction sensors, integrated maritime and land-based systems, targeting and survivability solutions, and robust networked information platforms. The Space Systems segment is a key provider of space-based solutions, delivering satellites and their associated payloads, along with essential ground control systems. It specializes in missile defense systems, including interceptors, and offers a range of launch vehicles with their propulsion components, as well as strategic missile technologies. Established in 1939, the corporation maintains its headquarters in Falls Church, Virginia.

Falls Church, VA
97,000 employees
Industrials / Aerospace & Defense
Sector
Industrials
Industry
Aerospace & Defense
CEO
Kathy J. Warden