NORTHROP GRUMMAN CORP /DE/ (NOC)
Search, Detection, Navigation, Guidance, Aeronautical Sys
Latest Price
$542.48
TTM P/E
17.26
Normalized P/E
19.38
Div Yield
1.73%
Book Value
125.86
P/B Ratio
4.31
Valuation metrics
adjust assumptions →EPS: $29.08
Book value / share: $117.42
Formula: √(22.5 × EPS × BVPS)
Graham Number
$277.18
49% downside
Norm. op. income: $4.1B (median of 7yr)
Tax rate: 16%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$160.63
70% downside
Base FCF: $2.2B (median of recent 5yr)
Growth: 10%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$294.05
46% downside
EPS: $29.08
Target P/E: 19×
Formula: EPS × P/E
P/E Fair Value
$552.52
+2% upside
Institutional Ownership
79.5% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| STATE STREET CORP | 13.00M | $8.87B | 9.15% | -207.4K | 2026-03-31 |
| BlackRock, Inc. | 10.88M | $7.42B | 7.66% | +501.7K | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 8.95M | $6.11B | 6.30% | -- | 2026-03-31 |
| Capital International Investors | 7.10M | $4.84B | 5.00% | -4.38M | 2026-03-31 |
| Capital World Investors | 6.89M | $4.70B | 4.85% | +3.46M | 2026-03-31 |
| WELLINGTON MANAGEMENT GROUP LLP | 4.97M | $3.39B | 3.50% | +2.17M | 2026-03-31 |
| MORGAN STANLEY | 3.61M | $2.46B | 2.54% | -59.1K | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 3.51M | $2.39B | 2.47% | -- | 2026-03-31 |
| FRANKLIN RESOURCES INC | 3.28M | $2.24B | 2.31% | +154.0K | 2026-03-31 |
| GEODE CAPITAL MANAGEMENT, LLC | 3.21M | $2.18B | 2.26% | +63.7K | 2026-03-31 |