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NOCNorthrop Grumman Corporation

Is the P/E ratio high or low?

The P/E ratio of 15.65 is 19% below its 5-year average of 19.30, near the low end of its 5-year range (8.52–35.51).

As of Monday, June 29, 2026. 26.12% below its 12-month average of 21.18.

PE Ratio (15.65) = Close Price ($500.03) / Diluted TTM EPS ($31.95)

PE Ratio

NOC PE Ratio Chart

15.65
-19.66% 1Y
NOC PE Ratio

NOC Average PE Ratio Chart

NOC PE Ratio

NOC Current vs Average PE Ratio Chart

NOC PE Ratio Metrics

PE RATIO

15.65

PE RATIO AVG TTM

21.18

PE RATIO AVG 3Y

23.30

PE RATIO AVG 5Y

19.30

PE RATIO AVG 10Y

19.78

PE RATIO AVG 15Y

16.70

PE RATIO AVG 20Y

15.40

CURRENT VS TTM AVG

-26.12%

CURRENT VS 3Y AVG

-32.84%

CURRENT VS 5Y AVG

-18.92%

CURRENT VS 10Y AVG

-20.87%

CURRENT VS 15Y AVG

-6.31%

CURRENT VS 20Y AVG

+1.62%

NOC Competitors' PE Ratio

NAMEMARKET CAPPE RATIOTTM3Y5Y
Northrop Grumman Corporation (NOC)$71.02B15.6521.1823.3019.30
Bloom Energy Corporation (BE)vs ›$71.69BN/A4468.804468.804468.80
United Rentals, Inc. (URI)vs ›$70.27B28.7222.7919.2318.14
Norfolk Southern Corporation (NSC)vs ›$70.26B26.3522.0824.2022.69
Canadian National Railway Company (CNI)vs ›$72.94B21.8819.2119.3820.58
Cintas Corporation (CTAS)vs ›$68.78B36.2742.3545.2341.93
TransDigm Group Incorporated (TDG)vs ›$74.09B41.3442.7246.9252.87
Republic Services, Inc. (RSG)vs ›$66.58B31.0532.4433.1132.60
FedEx Corporation (FDX)vs ›$76.00B17.3713.8213.1812.56
Comfort Systems USA, Inc. (FIX)vs ›$65.27B53.5044.6634.3228.53

P/E vs. its own history

At 15.7, P/E is in its normal range, sitting higher than 55% of its 20-year history.

20-year low

6.1

median

15.2

20-year high

35.5

cheaperricher

P/E Comparison

Trailing P/E

15.7

Forward P/E

16.6

Forward P/E Calculation

View All Analyst Estimates

Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.

Calculation:

Current Price

$500.03

÷

Forward EPS (Est.)

$30.14

=

Forward P/E

16.59

Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.

PE Ratio Formula & Definition

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

PE Ratio FAQ

What is the P/E ratio for Northrop Grumman Corporation (NOC)?
The P/E ratio for NOC stock is 15.65.
Is Northrop Grumman Corporation's P/E ratio high or low?
The P/E ratio of 15.65 is 19% below its 5-year average of 19.30, near the low end of its 5-year range (8.52–35.51).
What is the TTM average P/E ratio for Northrop Grumman Corporation (NOC)?
The TTM average P/E ratio for NOC stock is 21.18.
What is the 3Y average P/E ratio for Northrop Grumman Corporation (NOC)?
The 3Y average P/E ratio for NOC stock is 23.30.
What is the 5Y average P/E ratio for Northrop Grumman Corporation (NOC)?
The 5Y average P/E ratio for NOC stock is 19.30.
What is the 10Y average P/E ratio for Northrop Grumman Corporation (NOC)?
The 10Y average P/E ratio for NOC stock is 19.78.
What is the 15Y average P/E ratio for Northrop Grumman Corporation (NOC)?
The 15Y average P/E ratio for NOC stock is 16.70.
What is the 20Y average P/E ratio for Northrop Grumman Corporation (NOC)?
The 20Y average P/E ratio for NOC stock is 15.40.

NOC PE Ratio History

DATEPE RATIO
2026-06-2615.65
2026-06-2515.63
2026-06-2415.74
2026-06-2316.06
2026-06-2215.88
2026-06-1816.32
2026-06-1717.22
2026-06-1617.25
2026-06-1517.05
2026-06-1217.22
2026-06-1117.29
2026-06-1016.97
2026-06-0917.17
2026-06-0816.93
2026-06-0517.04
2026-06-0417.06
2026-06-0316.47
2026-06-0216.79
2026-06-0116.88
2026-05-2917.64
2026-05-2817.51
2026-05-2717.26
2026-05-2617.43
2026-05-2217.39
2026-05-2117.26
2026-05-2017.28
2026-05-1917.41
2026-05-1817.21
2026-05-1516.92
2026-05-1417.17
2026-05-1317.27
2026-05-1217.47
2026-05-1117.16
2026-05-0817.20
2026-05-0717.29
2026-05-0617.49
2026-05-0517.48
2026-05-0417.75
2026-05-0117.78
2026-04-3018.14
2026-04-2917.92
2026-04-2818.09
2026-04-2718.01
2026-04-2418.00
2026-04-2318.39
2026-04-2218.45
2026-04-2119.13
2026-04-2022.55
2026-04-1722.84
2026-04-1623.10
2026-04-1523.30
2026-04-1423.35
2026-04-1323.39
2026-04-1023.13
2026-04-0923.71
2026-04-0823.60
2026-04-0723.70
2026-04-0623.89
2026-04-0224.12
2026-04-0123.93
2026-03-3123.42
2026-03-3023.05
2026-03-2723.31
2026-03-2623.76
2026-03-2523.73
2026-03-2423.42
2026-03-2323.34
2026-03-2024.27
2026-03-1924.52
2026-03-1824.88
2026-03-1724.86
2026-03-1625.26
2026-03-1325.19
2026-03-1225.27
2026-03-1125.17
2026-03-1025.23
2026-03-0925.66
2026-03-0625.96
2026-03-0525.40
2026-03-0425.88
2026-03-0326.06
2026-03-0226.37
2026-02-2724.87
2026-02-2624.40
2026-02-2524.16
2026-02-2424.98
2026-02-2324.90
2026-02-2024.84
2026-02-1925.30
2026-02-1824.88
2026-02-1724.07
2026-02-1324.12
2026-02-1223.86
2026-02-1123.30
2026-02-1023.52
2026-02-0923.96
2026-02-0624.34
2026-02-0523.91
2026-02-0423.68
2026-02-0324.20
2026-02-0223.52
2026-01-3023.76
2026-01-2923.87
2026-01-2823.66
2026-01-2723.30
2026-01-2623.78
2026-01-2324.21
2026-01-2224.12
2026-01-2123.89
2026-01-2023.64
2026-01-1623.99
2026-01-1523.55
2026-01-1423.49
2026-01-1322.50
2026-01-1222.64
2026-01-0922.26
2026-01-0821.25
2026-01-0720.76
2026-01-0621.96
2026-01-0521.99
2026-01-0221.07
2025-12-3120.51
2025-12-3020.67
2025-12-2920.78
2025-12-2620.77
2025-12-2420.95
2025-12-2320.87
2025-12-2221.03
2025-12-1920.45
2025-12-1820.13
2025-12-1720.29
2025-12-1620.46
2025-12-1520.71
2025-12-1220.49
2025-12-1120.15
2025-12-1019.98
2025-12-0919.81
2025-12-0819.91
2025-12-0519.75
2025-12-0419.89
2025-12-0319.90
2025-12-0219.68
2025-12-0119.62
2025-11-2820.58
2025-11-2620.40
2025-11-2520.48
2025-11-2420.34
2025-11-2120.38
2025-11-2020.41
2025-11-1920.32
2025-11-1820.39
2025-11-1720.25
2025-11-1420.07
2025-11-1320.07
2025-11-1220.09
2025-11-1120.39
2025-11-1020.25
2025-11-0720.45
2025-11-0620.57
2025-11-0520.52
2025-11-0420.76
2025-11-0320.70
2025-10-3120.99
2025-10-3020.81
2025-10-2921.04
2025-10-2821.40
2025-10-2721.44
2025-10-2421.78
2025-10-2321.79
2025-10-2221.46
2025-10-2121.56
2025-10-2022.19
2025-10-1721.91
2025-10-1622.08
2025-10-1522.44
2025-10-1423.11
2025-10-1322.81
2025-10-1022.98
2025-10-0923.41
2025-10-0823.51
2025-10-0722.91
2025-10-0622.80
2025-10-0322.47
2025-10-0222.30
2025-10-0122.32
2025-09-3022.46
2025-09-2921.89
2025-09-2621.91
2025-09-2521.59
2025-09-2421.61
2025-09-2321.27
2025-09-2221.24
2025-09-1921.12
2025-09-1821.15
2025-09-1721.27
2025-09-1621.35
2025-09-1521.18
2025-09-1221.23
2025-09-1121.49
2025-09-1021.37
2025-09-0921.07
2025-09-0821.45
2025-09-0521.41
2025-09-0421.37
2025-09-0321.42
2025-09-0221.72
2025-08-2921.75
2025-08-2821.67
2025-08-2721.62
2025-08-2621.86
2025-08-2521.63
2025-08-2221.84
2025-08-2122.01
2025-08-2021.84
2025-08-1921.61
2025-08-1821.56
2025-08-1521.52
2025-08-1421.52
2025-08-1321.46
2025-08-1221.41
2025-08-1121.39
2025-08-0821.42
2025-08-0721.65
2025-08-0621.72
2025-08-0521.75
2025-08-0421.74
2025-08-0121.62
2025-07-3121.25
2025-07-3021.11
2025-07-2921.13
2025-07-2820.96
2025-07-2521.00
2025-07-2420.95
2025-07-2320.95
2025-07-2220.78
2025-07-2120.34
2025-07-1820.48
2025-07-1720.67
2025-07-1620.51
2025-07-1520.40
2025-07-1420.56
2025-07-1120.31
2025-07-1020.28
2025-07-0920.04
2025-07-0819.92
2025-07-0720.04
2025-07-0319.90
2025-07-0219.69
2025-07-0119.87
2025-06-3019.73
2025-06-2719.49
2025-06-2619.48
2025-06-2519.22
2025-06-2419.10
2025-06-2319.72
2025-06-2019.64
2025-06-1819.52
2025-06-1719.89
2025-06-1619.63
2025-06-1320.39

Showing the most recent 260 of 4,782 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