NOC

NYSE

NORTHROP GRUMMAN CORP /DE/

Industrials, Aerospace & Defense

$571.58

close 7 Aug 2026

-1.49%

52-week change

$81.20B

market cap

$479.02

$774.00

52-week range

Expected price

$460.88 – $563.29

Current price

$571.58

Signal

Could be overvalued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)18.19x

P/S (TTM)1.89x

P/B4.54x

EV/EBITDA (TTM)15.37x

FCF yield (TTM)4.49%

PEG (TTM, GAAP)—

Context

P/E, own 5-year average19.46x

P/E, sector median29.72x*

Price at 5-year median P/E$504.68*

Indicated dividend yield1.73%

Forward — analyst consensus

Forward P/E (FY2026)19.70x*

Forward P/E (FY2027)18.78x

Forward PEG4.03*

Consensus EPS FY2026 (20 analysts)$29.01

EPS growth (FY2026→FY2027)4.88%

Revenue growth (FY2026)4.99%

Street view

Price target (mean)$643.28*

Target upside12.55%

Ratings (buy / hold / sell)14 / 9 / 0

FY2026 EPS revisions, 30d (up / down)16 / 0

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

Dividend yield

period to 30 Jun 2026, filed 21 Jul 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

5Y CAGR +2.77%10Y CAGR +6.94%

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$571.58

Cash & equivalents$2.31B

Total debt$15.19B

Shares outstanding142.06M

Result

DCF price per share$397.78

Current price$571.58

Margin of safety-30.41%

PV of years 1–10$28.03B

PV of terminal value$41.36B

Equity value$56.51B

Market-implied growth+6.67%

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	$3.75B	$3.85B	$3.96B	$4.07B	$4.18B	$4.30B	$4.41B	$4.54B	$4.66B	$4.79B	$89.30B
PV	$3.47B	$3.30B	$3.14B	$2.99B	$2.84B	$2.71B	$2.58B	$2.45B	$2.33B	$2.22B	$41.36B

period to 30 Jun 2026, filed 21 Jul 2026, close 7 Aug 2026