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Northrop Grumman Corp (NOC)

合理估值
IndustrialsAerospace & DefenseUnited States

基本面

69

价格

$485.40

市值

$71.86B

第一部分 · 这家公司值多少

概览

Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. It operates through four segments: Aeronautics Systems, Defense Systems, Mission Systems and Space Systems. The Aeronautics Systems segment designs, develops, produces, integrates, sustains, and modernizes aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic, surveillance and reconnaissance systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems. Its Defense Systems segment designs, develops, integrates, and produces strategic deterrent systems, tactical weapons, and missile defense solutions; and provides sustainment, modernization, and training services for manned and unmanned aircraft and electronics systems. This segment also offers strategic missiles; integrated all-domain command and control systems; precision strike weapons; tactical solid rocket motors, and high-speed air-breathing and hypersonic systems; high-performance gun systems, ammunition, precision munitions, and advanced fuzes; and sustainment, operation, and modernization. The Mission Systems segment provides command, control, communication and computer, intelligence, surveillance, and reconnaissance systems; radar, electro-optical/infrared, and acoustic sensors; electronic warfare systems; advanced communications and network systems; microelectronics; navigation and positioning sensors; maritime power, propulsion, and payload launch systems; cyber solutions; and intelligence processing systems. Its Space Systems segment offers satellites, spacecraft systems, subsystems, sensors, and payloads; ground systems; missile defense systems and interceptors; and launch vehicles and related propulsion systems. The company was founded in 1939 and is based in Falls Church, Virginia.

No editorial profile for this company yet

Direct competitors

Who this company fights with for the same customers

Compare

Generated on 2026年9月19日 with claude-haiku-4-5 — shared with all users

P/E: 18.8Score: 62Market cap: $119.57B

Named by Northrop Grumman as a primary competitor, Lockheed Martin bids against it for the same U.S. Department of Defense contracts in military aircraft, missile defense and national-security space.

P/E: 32.7Score: 69Market cap: $252.92B

Named by Northrop Grumman as a primary competitor, RTX sells competing missiles, radars, sensors and electronic-warfare systems to the same U.S. and allied armed forces.

P/E: 27.9Score: 69Market cap: $44.26B

Named by Northrop Grumman as a primary competitor, L3Harris competes for the same mission-systems, military communications, small-satellite and solid rocket motor programs.

P/E: 66.9Score: 44Market cap: $145.74B

Named by Northrop Grumman as a primary competitor, Boeing's defense unit competes for the same military aircraft, strategic weapons and government space contracts.

P/E: 20.9Score: 72Market cap: $90.37B

Named by Northrop Grumman as a primary competitor, General Dynamics bids for the same defense electronics, command-and-control and government IT work for U.S. military and intelligence customers.

BAE Systems plcNot tracked

Through its large U.S. subsidiary BAE Systems, Inc., the British group competes head-to-head for American electronic-warfare, combat-systems and munitions programs, and for the same export customers among allied governments.

资产负债表与流动性

营收

$42.89B

最近12个月(截至2026/6/30)

净利润

$4.50B

最近12个月(截至2026/6/30)

自由现金流

$3.31B

股东权益合计

$16.67B

负债合计

$34.70B

流动比率

1.17

利息覆盖率

-

债务/EBITDA

2.85

每股收益

营收与净利润

自由现金流

收入构成

历史财务表

利润率变化

债务变化

债务负担有多重

增长一览表

增长 — 营业收入

公允价值估算

一般情形合理估值

公允价值

$592.08

当前价格

$485.40

安全边际

+18.0%

公允价值区间

$493.23 - $690.93

所用估值方法之间的离散区间,并非经过统计校准的置信区间。

估算方法

分析师目标价:$644.91
现金流折现法(DCF):$626.05
市盈率法(P/E):$534.13
格雷厄姆成长公式:$725.90
盈利能力价值(EPV):$318.86
合理市净率(P/B):$662.86
股息折现模型(戈登模型):$234.31
P/FFO(运营资金):$636.79
周期中段收益:$769.12
市销率法(P/S):$856.59
分析师共识:买入 (17B / 11H / 0S)
最近财报超预期:+11.50%

估值指标

市盈率(P/E)

15.38

ROE

25.1%

市净率(P/B)

3.84

P/FCF

18.84

毛利率

-

ROIC

9.7%

盈利能力雷达图

价值创造(经济护城河)

ROIC

9.7%

WACC

6.5%

ROIC − WACC

+3.2 pp

ROIC 超过资本成本:公司正在为股东创造价值。

基本面分析标准

通过(19)

  • EPS shows upward trend
  • EPS CAGR 10.13%
  • Price CAGR 8.36%
  • ROIC 9.7%
  • P/FCF 18.84
  • Debt/Equity ratio
  • Operating Margin 10.7%
  • Positive Free Cash Flow
  • Current Ratio
  • Debt/EBITDA
  • Return on Tangible Assets
  • ROE 26.6%
  • Analyst Consensus 61% Buy
  • Earnings Surprise avg 8.1%
  • PEG Ratio 1.82
  • Earnings Quality (OCF/NI) 1.13
  • Share Dilution -2.4%
  • Net Margin Trend 10.5% vs 9.7%
  • Piotroski F-Score 6/9

未通过(6)

  • P/B Ratio 3.84
  • CapEx intensity
  • Low reliance on intangibles
  • Price below Graham Number
  • DCF valuation (Overvalued)
  • Revenue Growth 5Y 2.7%

不可用(3)

  • Gross Margin NaN%
  • Dividend Payout NaN%
  • Interest Coverage

Piotroski F-评分

6/9

信号混杂:部分领域需关注

score
criteria

盈利质量

1.13

高质量:盈利有现金流支撑

股权稀释

-2.4%

正在回购股份,对股东友好

机构持股

公司治理

管理团队

姓名职位年龄
Ms. Kathy J. WardenChair, CEO & President53
Mr. Thomas H. JonesCorporate VP & President of Aeronautics Systems Sector58
Dr. Robert J. FlemingCorporate VP & President of Northrop Grumman Space Systems Sector52
Ms. Roshan S. RoederCorporate VP & President of Mission Systems Sector45
Mr. John Thomas GreeneCorporate VP & CFO59
Mr. Rajender K. ChandhokVice President of Trust Administration and Investments76
Mr. Michael A. HardestyCorporate VP, Controller & Chief Accounting Officer53
Mr. Bruce W. StephensonVice President of Corporate Strategy & Technology-
Mr. Travis GarrissVP & Chief Information and Digital Officer-
Mr. Todd B. ErnstVice President, Investor Relations-

审计风险

10

董事会风险

4

薪酬风险

3

股东权利风险

2

第二部分 · 价格与买入时机

这一部分不判断公司是否值得拥有:它帮助你在基本面说服你之后,选择何时买入。包含:技术分析、潜力、历史回撤、Gamma 敞口。

文件

  • 年度报告(10-K)

    对公司业务、财务业绩和风险的年度概述。

    提交日期:2026-01-27

    查看文件
  • 季度报告(10-Q)

    最近三个月财务表现的最新情况。

    提交日期:2026-07-21

    查看文件
  • 临时报告(8-K)

    关于重大事件(如管理层变动或重要公告)的通知。

    提交日期:2026-08-21

    查看文件

via SEC EDGAR

损益历史

via SEC EDGAR

Latest News

Recent headlines for NOC, sourced from Markets Gazette.

  • 8/25/2026POSITIVE
    Northrop CEO on Defense Spending, Golden Dome System

    Northrop Grumman's CEO, Kathy Warden, highlighted a global defense spending boom fueled by geopolitical tensions and active conflicts. The company is actively involved in key projects like the Golden Dome space defense system. This environment suggests sustained demand for Northrop Grumman's advanced aerospace and defense solutions. Investors can view this as a positive indicator for future revenue growth and market position, as global instability directly translates into increased opportunities for defense contractors.

  • 7/25/2026NEGATIVE
    Defense tech investors thought the war in Iran could make them millionaires. Instead, they faced a Wall Street bloodbath

    Defense contractor Northrop Grumman is facing market struggles despite record military spending, leading to a 'Wall Street bloodbath' for investors in the sector. While government budgets allocate substantial funds for defense, the market's reaction suggests a disconnect between spending and investor returns. The article highlights that investors are now closely monitoring Congressional actions and the emergence of new defense technology startups, indicating a shift in market sentiment and potential future investment avenues. This situation implies that traditional defense giants may not be the sole beneficiaries of increased military expenditure, and investor expectations need recalibration.

  • 4/21/2026NEGATIVE
    What's Behind The Drop In Northrop Grumman Stock?

    Northrop Grumman Corporation (NOC) experienced a significant stock price decline on Tuesday following the release of its first-quarter earnings report before market open. While specific earnings figures and revenue details are not provided in this excerpt, the market's reaction indicates a negative sentiment. Investors are likely reacting to the earnings report, which may have missed expectations or provided a weaker-than-anticipated outlook. This price drop suggests potential concerns about the company's performance or future growth prospects, prompting a sell-off among shareholders.

  • 4/21/2026NEUTRAL
    Northrop Grumman Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

    Northrop Grumman is set to release its first-quarter earnings on April 21. Analysts are forecasting earnings per share of $6.06 on revenue of $9.76 billion. While recent analyst ratings from firms like Wells Fargo and Morgan Stanley show a generally positive sentiment, with 'Overweight' maintained by Morgan Stanley, the upcoming earnings report is the key determinant for immediate market reaction. Investors will be scrutinizing the figures against expectations and management's forward guidance for any significant deviations that could impact the stock's trajectory.

  • 3/7/2026POSITIVE
    2 Dividend Stocks to Double Up On Right Now

    Northrop Grumman Corporation (NOC) and Union Pacific Corporation (UNP) are highlighted as compelling dividend stock investments. Northrop Grumman, a defense contractor, is noted for its above-average dividend yield and strong industry tailwinds, suggesting potential for capital appreciation alongside income generation. The article implies that these factors make both stocks attractive for investors seeking both income and growth, particularly within their respective sectors.

  • 3/6/2026NEUTRAL
    A Look Into Northrop Grumman Inc's Price Over Earnings

    Northrop Grumman Inc. is under scrutiny as market participants analyze its stock performance relative to its earnings. While the article title suggests an examination of the company's valuation metrics, it does not provide specific earnings figures, forward guidance, or any new developments that would indicate a change in the company's fundamental outlook. Investors are advised to seek more detailed financial reports and analyst commentary to form a comprehensive investment thesis on Northrop Grumman.

  • 2/20/2026POSITIVE
    $100 Invested In Northrop Grumman 5 Years Ago Would Be Worth This Much Today

    An investment of $100 in Northrop Grumman five years ago would be worth a significant amount today, indicating strong stock performance over the period. This suggests robust growth and effective management by the company, making it potentially attractive for long-term investors.

via Markets Gazette