Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Northrop GrummanNOC +0.30%85 EV-to-EBIT is 15.54 as of Jul. 28, 2026, which is 3% above its 10-year median of 15.11. GuruFocus rates NOC with a GF Score™ of 85/100 and a GF Value™ of $559.27 (Fairly Valued). The stock has 2 warning signs investors should review. Among 253 Aerospace & Defense companies, Northrop Grumman ranks better than 77.87% on this metric.
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Northrop Grumman's Enterprise Value for the quarter that ended in Jun. 2026 was $86,336 Mil.
Northrop Grumman's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $5,920 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.
Northrop Grumman EV-to-EBIT Related Terms
Northrop Grumman EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for Northrop Grumman's EV-to-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.
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.
Northrop Grumman's current Enterprise Value is $92,006 Mil.
Northrop Grumman's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $5,920 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.
Northrop Grumman (NOC) has a EV-to-EBIT of 15.54 as of Jul. 28, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Northrop Grumman and its competitors. This is near median its historical median of 15.11. Over the past decade, Northrop Grumman's EV-to-EBIT has ranged from 7.30 to 29.44. According to the industry distribution chart, Northrop Grumman ranks #56 out of 253 companies in the Aerospace & Defense industry, placing it in the top 22.1%.
Is Northrop Grumman's EV-to-EBIT too high?
Northrop Grumman's current EV-to-EBIT of 15.54 is near median its 10-year median of 15.11. Over the past 10 years, this metric has ranged from a low of 7.30 to a high of 29.44. The Aerospace & Defense industry median EV-to-EBIT is 28.14. Northrop Grumman's value of 15.54 is 44.8% below this industry median. Based on the distribution chart, Northrop Grumman ranks #56 out of 253 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Northrop Grumman has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Northrop Grumman's EV-to-EBIT compare to TDG and HONA?
According to the Aerospace & Defense industry distribution chart, Northrop Grumman ranks #56 out of 253 companies for EV-to-EBIT. This places Northrop Grumman in the top 22% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 28.14. Northrop Grumman's value of 15.54 is 44.8% below this benchmark. Historically, Northrop Grumman's own EV-to-EBIT has ranged from 7.30 to 29.44 over the past decade. While the company's 10-year median is 15.11 vs. the industry median of 28.14, Northrop Grumman has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Aerospace & Defense company?
The median EV-to-EBIT among Aerospace & Defense companies is 28.14, based on 253 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Northrop Grumman's current EV-to-EBIT of 15.54 is 44.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Northrop Grumman and its competitors. For the Aerospace & Defense industry, the median EV-to-EBIT is 28.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northrop Grumman's current EV-to-EBIT is 15.54, which is near median its own 10-year median of 15.11. 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 (NOC) is currently considered Fairly Valued. The stock's GF Value™ is $559.27, compared to a current price of $549.22 — trading 1.8% below its estimated fair value. The current EV-to-EBIT is 15.54, which is near median its 10-year median of 15.11 and 44.8% below the Aerospace & Defense industry median of 28.14. Northrop Grumman's overall GF Score™ is 85/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Northrop Grumman (NOC), the current EV-to-EBIT is 15.54 as of Jul. 28, 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 (NOC) Overvalued in 2026?
Based on GuruFocus' analysis, Northrop Grumman stock appears to be undervalued.
The current stock price of $549.22 is trading 1.8% below its estimated GF Value™ of $559.27.
GuruFocus considers Northrop Grumman to be Fairly Valued.
Key valuation signals for NOC:
EV-to-EBIT: 15.54 (near median its 10-year median of 15.11)
GF Value™: $559.27 vs. price of $549.22 (1.8% below fair value)
Industry Position: 44.8% below the Aerospace & Defense median (#56 of 253)
No single metric tells the full story. See the NOC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
85GF Score
Get the complete analysis for NOC
EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NOC has been successfully added to your 
