Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 17.64 as of 2026-09-26T00:15:59.812Z.
Consensus retrieved: 2026-09-13T23:28:05.561Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-09-26T00:15:59.812Z.
Quote observation: 2026-09-25T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 3783112c7b7a179d5620d0b34b78568668e5b4f0904b476cbdc90eca1aa4737d
Forward PE Ratio (17.64) = Dated Quote Price ($510.52) / Consensus Forward EPS ($28.94)
FORWARD PE RATIO
17.64
SECTOR MEDIAN · INDUSTRIALS
23.60
median of 129 covered companies
CURRENT VS SECTOR MEDIAN
-25.25%
vs the sector median at left
Northrop Grumman Corporation
Market Cap
$72.53B
Forward PE Ratio
17.64
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Northrop Grumman Corporation (NOC) | $72.53B | 17.64 |
| Cummins Inc. (CMI)vs › | $72.45B | 17.77 |
| Canadian National Railway Company (CNI)vs › | $73.15B | N/A |
| Norfolk Southern Corporation (NSC)vs › | $70.30B | 24.11 |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $76.40B | N/A |
| FedEx Corporation (FDX)vs › | $67.63B | 16.16 |
| Honeywell International Inc. (HON)vs › | $67.37B | 25.53 |
| Illinois Tool Works Inc. (ITW)vs › | $78.92B | 24.00 |
| Republic Services, Inc. (RSG)vs › | $65.26B | 29.15 |
| United Parcel Service, Inc. (UPS)vs › | $79.80B | 13.06 |
Trailing P/E
16.2
reported TTM EPS
Forward P/E
17.6
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $28.94 implies -8.1% EPS decline vs the reported trailing $31.48.
At the dated quote price of $510.52, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $28.94 | $28.08 – $29.31 | 15 | 17.6x |
| 2027-12-31 | $30.45 | $29.56 – $31.85 | 16 | 16.8x |
| 2028-12-31 | $32.91 | $29.84 – $35.44 | 15 | 15.5x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
