NOC
Northrop Grumman Corp /de/ Industrials Search, Detection, Navigation, Guidance, Aeronautical Sys S&P 500Russell 3000
$557.54Close
$79.2BMarket cap
$473.46 – $761.1952-week range
Mid-januaryNext report · estimated
Highlights
Strengths
- Tight base near its pivot pullbacks 13% → 12%; 3.9% above its $536.62 pivot
Cautions
- Not in an uptrend 1 of 8 trend conditions
- Lagging the market RS 36 · weaker than 64% of stocks over 12 months
- Far from its high 27% below its 52-week high
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
27%
1wk
up 1.1%
price change
1mo
up 15.3%
price change
12-month return
down 2%
market up 11% ·
its own down 14%
F-score
—
— Not assessed
Altman Z
2.96
Moderate risk
P/E
18.9×
price / earnings
PEG
7.20
P/E / EPS growth
P/B
4.7×
price / book
Earnings yield
up 5.0%
EBIT / enterprise value
Cheaper than
54%
of the market · around average
Revenue growth
up 2%
year on year
EPS growth
up 3%
latest quarter · +9 pts
Sales growth
up 7%
latest quarter · +2 pts
ROE
up 26%
return on equity
Free cash margin
up 8%
$3.3B FCF
D/E
0.91
long-term debt / equity
Net debt / EBITDA
1.8×
Interest cover
—EBIT / interest
Trade setup
ATR%
2.6%
$14.39 a day · 2×ATR $528.77
RS
36 / 99
vs the universe
Trend
1 / 8
trend template
Relative volume
1.1×
vs 50-day average
Up/down volume
0.92
50 sessions
Implied move
—
no scheduled report
Contractions
2
13% → 12%
Pivot
$536.62
3.9% above
Volume dry-up
1.1×
10 vs 50 sessions
Trend template · 1 of 8
- Price above the 50-day average: passes
Screen verdict
Did not qualify for any screen.
Warning signs
- No restatement or impairment
- Equity positive
- Interest covered
- No material dilution
- Profits tracking cash
- Margins and revenue not shrinking
Last reported
Oct 20, 2026
Results reaction
Oct 20, 2026+5% vs market2 sessions after results
Options
$1.8M29.0% IV · activity
Financials
- Net 10%
- Free cash 8%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Dec 31, 2021 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $36.8B | $35.7B | $36.6B | $39.3B | $41.0B | $42.0B |
| Operating income | $4.1B | $5.7B | $3.6B | $2.5B | $4.4B | $4.5B |
| Net income | $3.2B | $7.0B | $4.9B | $2.1B | $4.2B | $4.2B |
| Net margin | 9% | 20% | 13% | 5% | 10% | 10% |
| Earnings per share | $19.03 | $43.54 | $31.47 | $13.53 | $28.34 | $29.08 |
| Free cash flow | $2.9B | $2.2B | $1.5B | $2.1B | $2.6B | $3.3B |
| Free cash margin | 8% | 6% | 4% | 5% | 6% | 8% |
| Cash | $4.9B | $3.5B | $2.6B | $3.1B | $4.4B | $4.4B |
| Long-term debt | $14.3B | $12.8B | $11.8B | $13.8B | $14.7B | $15.2B |
| Shareholders' equity | $10.6B | $12.9B | $15.3B | $14.8B | $15.3B | $16.7B |
| Shares outstanding | 166.72m | 156.28m | 153.16m | 150.11m | 144.95m | 142m |
What options price now
- Expected 1-month range The at-the-money straddle for the expiry nearest a month out, as a share of the price: the move, either way, the option market is pricing by then. The range is the price plus and minus that move; the stock ends inside it a little more often than not. Methodology
- $525 – $590 ±5.9% by Nov 20, 2026
- Swings expected vs recent The daily swings the options are priced for (implied volatility) against the swings the stock actually had over the last 20 sessions (realised volatility). Bigger means options charge for more movement than the stock has been delivering; smaller, less. On a contract row, that contract's own implied volatility over the stock's realised. Methodology
- About the same 29.0% priced · 31.1% recent
- Next month vs later At-the-money implied volatility for 8-45 day expiries over 46-90 day ones: whether options price the coming month as choppier or calmer than the two after it. Ahead of a report it usually reads choppier, and the extra comes out once the report is out. Methodology
- Choppier
- Crash protection What options that pay off in a fall cost against options that pay off in a rise (the 25-delta skew), compared with this company's own normal - the median of its stored nightly readings, once there are 20 - and with five sessions ago. Protection costs a little more than upside on most shares. More than usual means readers of the chain are paying up to insure against a drop; it does not say which way the stock will go. Methodology
- past week: costs less
Positioning
- Premium traded
- $1.8M calls $1.4M · puts $449,600 · latest session
- 0.33× -0.76 over the week
- Open interest added The change over five sessions in option positions left open overnight, calls and puts. A rise means positions were added. It cannot say whether they were bought or sold, so more calls is not a vote for a rise: a call is as often sold against shares already held. Methodology
- calls +708 · puts +639 past week
For options traders: ATM IV 29.0% (+0.8% 1w) · 1m ÷ 3m IV 1.09 · 25Δ skew -0.4 pts · Net GEX $4.5M
Most traded contracts
No contract passed the liquidity filters this week.
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Oct 20, 2026 | Quarterly ↗ | Sep 30, 2026 | 20d |
| Jul 21, 2026 | Quarterly ↗ | Jun 30, 2026 | 21d |
| Apr 21, 2026 | Quarterly ↗ | Mar 31, 2026 | 21d |
| Jan 27, 2026 | Annual ↗ | Dec 31, 2025 | 27d |
| Oct 21, 2025 | Quarterly ↗ | Sep 30, 2025 | 21d |
| Jul 22, 2025 | Quarterly ↗ | Jun 30, 2025 | 22d |
| Apr 22, 2025 | Quarterly ↗ | Mar 31, 2025 | 22d |
| Jan 30, 2025 | Annual ↗ | Dec 31, 2024 | 30d |
| Oct 24, 2024 | Quarterly ↗ | Sep 30, 2024 | 24d |
| Jul 25, 2024 | Quarterly ↗ | Jun 30, 2024 | 25d |
| Apr 25, 2024 | Quarterly ↗ | Mar 31, 2024 | 25d |
| Jan 25, 2024 | Annual ↗ | Dec 31, 2023 | 25d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 20, 2026 | Results ↗ |
| Aug 21, 2026 | Director or officer change ↗ |
| Jul 21, 2026 | Results ↗ |
| May 21, 2026 | Shareholder vote ↗ |
| Apr 21, 2026 | Results ↗ |
| Feb 13, 2026 | Director or officer change ↗ |
| Jan 27, 2026 | Results ↗ |
| Nov 6, 2025 | Director or officer change ↗ |
| Oct 21, 2025 | Results ↗ |
| Sep 2, 2025 | Material agreement ↗ |
| Jul 22, 2025 | Results ↗ |
| May 29, 2025 | Material agreement · New obligation ↗ |