Northrop Grumman (MEX:NOC) EBIT: MXN113,325 Mil (TTM As of Mar. 2026)


MEX:NOC Northrop Grumman Corp MEX:NOC
77 GF Score
Price MXN9,415.00
GF Value MXN10,438.28
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Northrop Grumman EBIT?

Northrop Grumman MEX:NOC 77 EBIT is MXN113,325 Mil as of Mar. 2026. GuruFocus rates MEX:NOC with a GF Score™ of 77/100 and a GF Value™ of MXN10,438.28 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Northrop Grumman's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was MXN21,495 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN113,325 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Northrop Grumman's annualized ROC % for the quarter that ended in Mar. 2026 was 7.30%. Northrop Grumman's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 38.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Northrop Grumman's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.53%.


Northrop Grumman  (MEX:NOC) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Northrop Grumman's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=71337.36 * ( 1 - 15.05% )/( (841442.373 + 818269.829)/ 2 )
=60601.08732/829856.101
=7.30 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=925078.849 - 58338.468 - ( 79279.097 - max(0, 249955.128 - 275253.136+79279.097))
=841442.373

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=901761.23 - 48345.669 - ( 37688.343 - max(0, 231197.247 - 266342.979+37688.343))
=818269.829

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Northrop Grumman's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=85979.912/( ( (231031.137 + max(-171810.389, 0)) + (219421.894 + max(-138797.693, 0)) )/ 2 )
=85979.912/( ( 231031.137 + 219421.894 )/ 2 )
=85979.912/225226.5155
=38.17 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(24757.838 + 23569.461 + 29817.44) - (58338.468 + 73571.29 + 118045.37)
=-171810.389

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(32567.056 + 26147.415 + 33685.083) - (48345.669 + 66666.892 + 116184.686)
=-138797.693

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Northrop Grumman's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=113325.407/1504412.579
=7.53 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Northrop Grumman EBIT Related Terms


Northrop Grumman EBIT Historical Data

* Premium members only.

The historical data trend for Northrop Grumman's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Northrop Grumman EBIT Chart

Northrop Grumman Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 194,759.92 123,643.63 49,072.55 117,563.58 103,226.68

Northrop Grumman Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15,016.32 30,126.72 27,222.79 34,480.92 21,494.98

MEX:NOC vs RKLB, TDG, GD: EBIT Comparison

For the Aerospace & Defense subindustry, Northrop Grumman's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Northrop Grumman EV-to-EBIT vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Northrop Grumman's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Northrop Grumman's EV-to-EBIT falls into.


MEX:NOC
77GF Score
Northrop Grumman Corp MEX:NOC
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Northrop Grumman EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN113,325 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of MXN113,325 Mil mean?
Northrop Grumman (MEX:NOC) has a EBIT of MXN113,325 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Northrop Grumman.
Is Northrop Grumman's EBIT too high?
Northrop Grumman's current EBIT is MXN113,325 Mil. Overall, Northrop Grumman has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Northrop Grumman's EBIT compare to RKLB and TDG?
Northrop Grumman's EBIT of MXN113,325 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Aerospace & Defense company?
A good EBIT depends on the Aerospace & Defense industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Northrop Grumman. Northrop Grumman's current EBIT is MXN113,325 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northrop Grumman stock overvalued right now?
Based on GuruFocus' analysis, Northrop Grumman (MEX:NOC) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN10,438.28, compared to a current price of MXN9,415.00 — trading 9.8% below its estimated fair value. The current EBIT is MXN113,325 Mil. Northrop Grumman's overall GF Score™ is 77/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Northrop Grumman (MEX:NOC), the current EBIT is MXN113,325 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Northrop Grumman (MEX:NOC) Overvalued in 2026?

Based on GuruFocus' analysis, Northrop Grumman stock appears to be undervalued. The current stock price of MXN9,415.00 is trading 9.8% below its estimated GF Value™ of MXN10,438.28. GuruFocus considers Northrop Grumman to be Modestly Undervalued.

Key valuation signals for MEX:NOC:

  • EBIT: MXN113,325 Mil
  • GF Value™: MXN10,438.28 vs. price of MXN9,415.00 (9.8% below fair value)
  • GF Score™: 77/100 with 2 warning signs

No single metric tells the full story. See the MEX:NOC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Northrop Grumman Business Description

Address 2980 Fairview Park Drive, Falls Church, VA, USA, 22042
Northrop Grumman is a diversified defense contractor providing aeronautics, defense, and space systems. The company's aerospace segment produces autonomous and piloted aircraft such as Global Hawk drones and the new B-21 bomber, creates the fuselage for the massive F-35 program, and maintains and upgrades numerous other military aircraft. Defense systems makes artillery and missile ammunition and guidance systems, long-range missiles, and missile defense systems. Mission systems creates and integrates a variety of radar, navigation, and communication systems for avionics, weapons control, and countermeasures on a range of platforms from helicopters to destroyers. Space systems produces satellites, sensors, space structures, and rocket motors.
77GF Score

Get the complete analysis for MEX:NOC

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN9,415.00
Price
MXN10,438.28
GF Value