Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/E ratio high or low?
The P/E ratio of 16.22 is 17% below its 5-year average of 19.47, near the low end of its 5-year range (8.52–36.21).
As of 2026-09-26T00:15:59.812Z. 20.43% below its 12-month average of 20.38.
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
PE Ratio (16.22) = Close Price ($510.52) / Diluted TTM EPS ($31.47)
PE RATIO
16.22
PE RATIO AVG TTM
20.38
PE RATIO AVG 3Y
23.50
PE RATIO AVG 5Y
19.47
PE RATIO AVG 10Y
19.73
PE RATIO AVG 15Y
16.80
PE RATIO AVG 20Y
15.45
CURRENT VS TTM AVG
-20.43%
CURRENT VS 3Y AVG
-30.97%
CURRENT VS 5Y AVG
-16.71%
CURRENT VS 10Y AVG
-17.78%
CURRENT VS 15Y AVG
-3.47%
CURRENT VS 20Y AVG
+4.98%
SECTOR MEDIAN · INDUSTRIALS
28.39
median of 128 covered companies
CURRENT VS SECTOR MEDIAN
-42.87%
vs the sector median at left
Northrop Grumman Corporation
Market Cap
$72.53B
PE Ratio
16.22
TTM Avg
20.38
3Y Avg
23.50
5Y Avg
19.47
Market Cap
$73.15B
PE Ratio
21.65
TTM Avg
20.01
3Y Avg
19.56
5Y Avg
20.49
Market Cap
$70.30B
PE Ratio
26.71
TTM Avg
24.13
3Y Avg
24.89
5Y Avg
22.79
Market Cap
$76.40B
PE Ratio
28.18
TTM Avg
25.32
3Y Avg
25.78
5Y Avg
25.75
Market Cap
$67.37B
PE Ratio
8.25
TTM Avg
13.64
3Y Avg
12.58
5Y Avg
12.70
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Northrop Grumman Corporation (NOC) | $72.53B | 16.22 | 20.38 | 23.50 | 19.47 |
| Cummins Inc. (CMI)vs › | $72.45B | 26.84 | 28.64 | 24.08 | 20.52 |
| Canadian National Railway Company (CNI)vs › | $73.15B | 21.65 | 20.01 | 19.56 | 20.49 |
| Norfolk Southern Corporation (NSC)vs › | $70.30B | 26.71 | 24.13 | 24.89 | 22.79 |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $76.40B | 28.18 | 25.32 | 25.78 | 25.75 |
| FedEx Corporation (FDX)vs › | $67.63B | 15.59 | 15.12 | 13.37 | 12.70 |
| Honeywell International Inc. (HON)vs › | $67.37B | 8.25 | 13.64 | 12.58 | 12.70 |
| Illinois Tool Works Inc. (ITW)vs › | $78.92B | 24.87 | 24.77 | 23.95 | 24.29 |
| Republic Services, Inc. (RSG)vs › | $65.26B | 30.04 | 31.54 | 33.17 | 32.46 |
| United Parcel Service, Inc. (UPS)vs › | $79.80B | 17.46 | 16.05 | 16.89 | 17.12 |
At 16.2, P/E is near its 20-year median — higher than 58% of readings in its 20-year history.
20-year low
6.1
median
15.3
20-year high
36.2
Trailing P/E
16.2
Forward P/E
17.6
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$510.52
Forward EPS (Est.)
$28.94
Forward P/E
17.64
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
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
| DATE | PE RATIO |
|---|---|
| 2026-09-11 | 16.49 |
| 2026-09-10 | 16.49 |
| 2026-09-09 | 16.38 |
| 2026-09-08 | 16.47 |
| 2026-09-04 | 16.36 |
| 2026-09-03 | 16.78 |
| 2026-09-02 | 16.64 |
| 2026-09-01 | 16.93 |
| 2026-08-31 | 17.14 |
| 2026-08-28 | 17.33 |
| 2026-08-27 | 17.32 |
| 2026-08-26 | 17.47 |
| 2026-08-25 | 17.23 |
| 2026-08-24 | 17.45 |
| 2026-08-21 | 17.50 |
| 2026-08-20 | 17.91 |
| 2026-08-19 | 18.51 |
| 2026-08-18 | 18.71 |
| 2026-08-17 | 18.11 |
| 2026-08-14 | 18.61 |
| 2026-08-13 | 18.26 |
| 2026-08-12 | 18.34 |
| 2026-08-11 | 18.29 |
| 2026-08-10 | 18.36 |
| 2026-08-07 | 18.16 |
| 2026-08-06 | 18.03 |
| 2026-08-05 | 17.71 |
| 2026-08-04 | 17.52 |
| 2026-08-03 | 17.42 |
| 2026-07-31 | 17.23 |
| 2026-07-30 | 16.99 |
| 2026-07-29 | 17.00 |
| 2026-07-28 | 17.45 |
| 2026-07-27 | 17.39 |
| 2026-07-24 | 17.22 |
| 2026-07-23 | 16.95 |
| 2026-07-22 | 16.69 |
| 2026-07-21 | 16.03 |
| 2026-07-20 | 16.40 |
| 2026-07-17 | 16.32 |
| 2026-07-16 | 16.23 |
| 2026-07-15 | 16.44 |
| 2026-07-14 | 16.55 |
| 2026-07-13 | 16.96 |
| 2026-07-10 | 16.89 |
| 2026-07-09 | 16.66 |
| 2026-07-08 | 17.06 |
| 2026-07-07 | 17.18 |
| 2026-07-06 | 17.14 |
| 2026-07-02 | 17.18 |
| 2026-07-01 | 16.27 |
| 2026-06-30 | 15.94 |
| 2026-06-29 | 15.52 |
| 2026-06-26 | 15.65 |
| 2026-06-25 | 15.63 |
| 2026-06-24 | 15.74 |
| 2026-06-23 | 16.06 |
| 2026-06-22 | 15.88 |
| 2026-06-18 | 16.32 |
| 2026-06-17 | 17.22 |
| 2026-06-16 | 17.25 |
| 2026-06-15 | 17.05 |
| 2026-06-12 | 17.22 |
| 2026-06-11 | 17.29 |
| 2026-06-10 | 16.97 |
| 2026-06-09 | 17.17 |
| 2026-06-08 | 16.93 |
| 2026-06-05 | 17.04 |
| 2026-06-04 | 17.06 |
| 2026-06-03 | 16.47 |
| 2026-06-02 | 16.79 |
| 2026-06-01 | 16.88 |
| 2026-05-29 | 17.64 |
| 2026-05-28 | 17.51 |
| 2026-05-27 | 17.26 |
| 2026-05-26 | 17.43 |
| 2026-05-22 | 17.39 |
| 2026-05-21 | 17.26 |
| 2026-05-20 | 17.28 |
| 2026-05-19 | 17.41 |
| 2026-05-18 | 17.21 |
| 2026-05-15 | 16.92 |
| 2026-05-14 | 17.17 |
| 2026-05-13 | 17.27 |
| 2026-05-12 | 17.47 |
| 2026-05-11 | 17.16 |
| 2026-05-08 | 17.20 |
| 2026-05-07 | 17.29 |
| 2026-05-06 | 17.49 |
| 2026-05-05 | 17.48 |
| 2026-05-04 | 17.75 |
| 2026-05-01 | 17.78 |
| 2026-04-30 | 18.14 |
| 2026-04-29 | 17.92 |
| 2026-04-28 | 18.09 |
| 2026-04-27 | 18.01 |
| 2026-04-24 | 18.00 |
| 2026-04-23 | 18.39 |
| 2026-04-22 | 18.45 |
| 2026-04-21 | 20.98 |
| 2026-04-20 | 22.55 |
| 2026-04-17 | 22.84 |
| 2026-04-16 | 23.10 |
| 2026-04-15 | 23.30 |
| 2026-04-14 | 23.35 |
| 2026-04-13 | 23.39 |
| 2026-04-10 | 23.13 |
| 2026-04-09 | 23.71 |
| 2026-04-08 | 23.60 |
| 2026-04-07 | 23.70 |
| 2026-04-06 | 23.89 |
| 2026-04-02 | 24.12 |
| 2026-04-01 | 23.93 |
| 2026-03-31 | 23.42 |
| 2026-03-30 | 23.05 |
| 2026-03-27 | 23.31 |
| 2026-03-26 | 23.76 |
| 2026-03-25 | 23.73 |
| 2026-03-24 | 23.42 |
| 2026-03-23 | 23.34 |
| 2026-03-20 | 24.27 |
| 2026-03-19 | 24.52 |
| 2026-03-18 | 24.88 |
| 2026-03-17 | 24.86 |
| 2026-03-16 | 25.26 |
| 2026-03-13 | 25.19 |
| 2026-03-12 | 25.27 |
| 2026-03-11 | 25.17 |
| 2026-03-10 | 25.23 |
| 2026-03-09 | 25.66 |
| 2026-03-06 | 25.96 |
| 2026-03-05 | 25.40 |
| 2026-03-04 | 25.88 |
| 2026-03-03 | 26.06 |
| 2026-03-02 | 26.37 |
| 2026-02-27 | 24.87 |
| 2026-02-26 | 24.40 |
| 2026-02-25 | 24.16 |
| 2026-02-24 | 24.98 |
| 2026-02-23 | 24.90 |
| 2026-02-20 | 24.84 |
| 2026-02-19 | 25.30 |
| 2026-02-18 | 24.88 |
| 2026-02-17 | 24.07 |
| 2026-02-13 | 24.12 |
| 2026-02-12 | 23.86 |
| 2026-02-11 | 23.30 |
| 2026-02-10 | 23.52 |
| 2026-02-09 | 23.96 |
| 2026-02-06 | 24.34 |
| 2026-02-05 | 23.91 |
| 2026-02-04 | 23.68 |
| 2026-02-03 | 24.20 |
| 2026-02-02 | 23.52 |
| 2026-01-30 | 23.76 |
| 2026-01-29 | 23.87 |
| 2026-01-28 | 23.66 |
| 2026-01-27 | 24.42 |
| 2026-01-26 | 23.78 |
| 2026-01-23 | 24.21 |
| 2026-01-22 | 24.12 |
| 2026-01-21 | 23.89 |
| 2026-01-20 | 23.64 |
| 2026-01-16 | 23.99 |
| 2026-01-15 | 23.55 |
| 2026-01-14 | 23.49 |
| 2026-01-13 | 22.50 |
| 2026-01-12 | 22.64 |
| 2026-01-09 | 22.26 |
| 2026-01-08 | 21.25 |
| 2026-01-07 | 20.76 |
| 2026-01-06 | 21.96 |
| 2026-01-05 | 21.99 |
| 2026-01-02 | 21.07 |
| 2025-12-31 | 20.51 |
| 2025-12-30 | 20.67 |
| 2025-12-29 | 20.78 |
| 2025-12-26 | 20.77 |
| 2025-12-24 | 20.95 |
| 2025-12-23 | 20.87 |
| 2025-12-22 | 21.03 |
| 2025-12-19 | 20.45 |
| 2025-12-18 | 20.13 |
| 2025-12-17 | 20.29 |
| 2025-12-16 | 20.46 |
| 2025-12-15 | 20.71 |
| 2025-12-12 | 20.49 |
| 2025-12-11 | 20.15 |
| 2025-12-10 | 19.98 |
| 2025-12-09 | 19.81 |
| 2025-12-08 | 19.91 |
| 2025-12-05 | 19.75 |
| 2025-12-04 | 19.89 |
| 2025-12-03 | 19.90 |
| 2025-12-02 | 19.68 |
| 2025-12-01 | 19.62 |
| 2025-11-28 | 20.58 |
| 2025-11-26 | 20.40 |
| 2025-11-25 | 20.48 |
| 2025-11-24 | 20.34 |
| 2025-11-21 | 20.38 |
| 2025-11-20 | 20.41 |
| 2025-11-19 | 20.32 |
| 2025-11-18 | 20.39 |
| 2025-11-17 | 20.25 |
| 2025-11-14 | 20.07 |
| 2025-11-13 | 20.07 |
| 2025-11-12 | 20.09 |
| 2025-11-11 | 20.39 |
| 2025-11-10 | 20.25 |
| 2025-11-07 | 20.45 |
| 2025-11-06 | 20.57 |
| 2025-11-05 | 20.52 |
| 2025-11-04 | 20.76 |
| 2025-11-03 | 20.70 |
| 2025-10-31 | 20.99 |
| 2025-10-30 | 20.81 |
| 2025-10-29 | 21.04 |
| 2025-10-28 | 21.40 |
| 2025-10-27 | 21.44 |
| 2025-10-24 | 21.78 |
| 2025-10-23 | 21.79 |
| 2025-10-22 | 21.46 |
| 2025-10-21 | 22.09 |
| 2025-10-20 | 22.19 |
| 2025-10-17 | 21.91 |
| 2025-10-16 | 22.08 |
| 2025-10-15 | 22.44 |
| 2025-10-14 | 23.11 |
| 2025-10-13 | 22.81 |
| 2025-10-10 | 22.98 |
| 2025-10-09 | 23.41 |
| 2025-10-08 | 23.51 |
| 2025-10-07 | 22.91 |
| 2025-10-06 | 22.80 |
| 2025-10-03 | 22.47 |
| 2025-10-02 | 22.30 |
| 2025-10-01 | 22.32 |
| 2025-09-30 | 22.46 |
| 2025-09-29 | 21.89 |
| 2025-09-26 | 21.91 |
| 2025-09-25 | 21.59 |
| 2025-09-24 | 21.61 |
| 2025-09-23 | 21.27 |
| 2025-09-22 | 21.24 |
| 2025-09-19 | 21.12 |
| 2025-09-18 | 21.15 |
| 2025-09-17 | 21.27 |
| 2025-09-16 | 21.35 |
| 2025-09-15 | 21.18 |
| 2025-09-12 | 21.23 |
| 2025-09-11 | 21.49 |
| 2025-09-10 | 21.37 |
| 2025-09-09 | 21.07 |
| 2025-09-08 | 21.45 |
| 2025-09-05 | 21.41 |
| 2025-09-04 | 21.37 |
| 2025-09-03 | 21.42 |
| 2025-09-02 | 21.72 |
| 2025-08-29 | 21.75 |
Showing the most recent 260 of 4,782 data points. The chart above shows the full history.