Northrop Grumman Corp banner

Northrop Grumman Corp
NYSE:NOC

Watchlist Manager
Northrop Grumman Corp Logo
Northrop Grumman Corp
NYSE:NOC
Watchlist
Price: 587.66 USD -0.33% Market Closed
Market Cap: $83.4B

EV/EBITDA

14.9
Current
9%
Cheaper
vs 3-y average of 16.4

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
14.9
=
Enterprise Value
$95.8B
/
EBITDA
$6.4B

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
14.9
=
Enterprise Value
$95.8B
/
EBITDA
$6.4B

Valuation Scenarios

Northrop Grumman Corp is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (16.4), the stock would be worth $645.95 (10% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-4%
Maximum Upside
+43%
Average Upside
14%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 14.9 $587.66
0%
3-Year Average 16.4 $645.95
+10%
5-Year Average 15.9 $629.47
+7%
Industry Average 21.3 $840.29
+43%
Country Average 14.4 $566.63
-4%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
$95.8B
/
Apr 2026
$6.4B
=
14.9
Current
$95.8B
/
Dec 2026
$6.3B
=
15.2
Forward
$95.8B
/
Dec 2027
$6.7B
=
14.2
Forward
$95.8B
/
Dec 2028
$7.1B
=
13.6
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
US
Northrop Grumman Corp
NYSE:NOC
83.5B USD 14.9 18.2
US
RTX Corp
LSE:0R2N
245.1B USD 19.1 33.8
US
Raytheon Technologies Corp
NYSE:RTX
241.5B USD 18.8 33.3
US
Boeing Co
NYSE:BA
183.7B USD -57.7 97.2
NL
Airbus SE
PAR:AIR
132.4B EUR 13.8 24.6
FR
Safran SA
PAR:SAF
116.3B EUR 18.6 15.7
UK
Rolls-Royce Holdings PLC
LSE:RR
98B GBP 17.9 16.4
US
Lockheed Martin Corp
NYSE:LMT
121.3B USD 14.5 24.2
US
Howmet Aerospace Inc
NYSE:HWM
98.9B USD 41.7 65.6
US
General Dynamics Corp
NYSE:GD
86.2B USD 14.5 20.5
UK
BAE Systems PLC
LSE:BA
62.4B GBP 17.1 29.6
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Northrop Grumman Corp
NYSE:NOC
Average EV/EBITDA: 19.1
14.9
7%
2.1
US
RTX Corp
LSE:0R2N
19.1
12%
1.6
US
Raytheon Technologies Corp
NYSE:RTX
18.8
12%
1.6
US
Boeing Co
NYSE:BA
Negative Multiple: -57.7 N/A N/A
NL
Airbus SE
PAR:AIR
13.8
18%
0.8
FR
Safran SA
PAR:SAF
18.6
17%
1.1
UK
Rolls-Royce Holdings PLC
LSE:RR
17.9
5%
3.6
US
Lockheed Martin Corp
NYSE:LMT
14.5
9%
1.6
US
Howmet Aerospace Inc
NYSE:HWM
41.7
16%
2.6
US
General Dynamics Corp
NYSE:GD
14.5
8%
1.8
UK
BAE Systems PLC
LSE:BA
17.1
13%
1.3
P/E Multiple
Earnings Growth PEG
US
Northrop Grumman Corp
NYSE:NOC
Average P/E: 34.5
18.2
3%
6.1
US
RTX Corp
LSE:0R2N
33.8
18%
1.9
US
Raytheon Technologies Corp
NYSE:RTX
33.3
19%
1.8
US
Boeing Co
NYSE:BA
97.2
53%
1.8
NL
Airbus SE
PAR:AIR
24.6
19%
1.3
FR
Safran SA
PAR:SAF
15.7
-6%
N/A
UK
Rolls-Royce Holdings PLC
LSE:RR
16.4
-10%
N/A
US
Lockheed Martin Corp
NYSE:LMT
24.2
16%
1.5
US
Howmet Aerospace Inc
NYSE:HWM
65.6
20%
3.3
US
General Dynamics Corp
NYSE:GD
20.5
9%
2.3
UK
BAE Systems PLC
LSE:BA
29.6
16%
1.8

Market Distribution

In line with most companies in the United States of America
Percentile
52st
Based on 9 875 companies
52st percentile
14.9
Low
0 — 10
Typical Range
10 — 21.5
High
21.5 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 10
Median 14.4
70th Percentile 21.5
Max 1 767 274.1

Northrop Grumman Corp
Glance View

In the intricate world of aerospace and defense, Northrop Grumman Corp. stands as a towering figure, synonymous with innovation and resilience. Spanning a legacy that traverses nearly a century, the company has expertly navigated the complex demands of military and technology landscapes. Operating with a precision akin to the products it engineers, Northrop Grumman is a key player in the development of advanced systems designed to ensure security and technological superiority. With a deep-rooted specialty in producing cutting-edge aircraft, space systems, and cybersecurity solutions, it has embedded itself as a steadfast partner of various governmental agencies, primarily the U.S. Department of Defense, making a significant mark by offering products that range from stealth bombers to drone aircraft and missile defense systems. Central to Northrop Grumman's revenue generation is its ability to harness long-term contracts and sustain relationships with military and intelligence agencies. Through a strategic blend of robust research and development, innovative engineering, and a commitment to collaboration, the company crafts bespoke solutions that meet the evolving threats faced by nations today. Its financial model is reinforced by a diverse portfolio that spans sectors from aerospace systems to mission systems and space technology. Unwavering focus on pushing technological boundaries has cemented Northrop Grumman's position not merely as a defense contractor, but as a pivotal entity driving forward technological advancements in national security and defense infrastructure.

NOC Intrinsic Value
540.65 USD
Overvaluation 8%
Intrinsic Value
Price $587.66
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett