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Northrop GrummanHAM:NTH +0.44%85 EV-to-EBITDA is 12.36 as of Jul. 30, 2026, which is 1% below its 10-year median of 12.54. GuruFocus rates HAM:NTH with a GF Score™ of 85/100 and a GF Value™ of €500.40 (Fairly Valued). The stock has 2 warning signs investors should review. Among 265 Aerospace & Defense companies, Northrop Grumman ranks better than 74.72% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Northrop Grumman's enterprise value is €79,038 Mil.
Northrop Grumman's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €6,394 Mil. Therefore, Northrop Grumman's EV-to-EBITDA for today is 12.36.
The historical rank and industry rank for Northrop Grumman's EV-to-EBITDA or its related term are showing as below:
HAM:NTH'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 6.46 Med: 12.54 Max: 20.38
Current: 12.09
During the past 13 years, the highest EV-to-EBITDA of Northrop Grumman was 20.38. The lowest was 6.46. And the median was 12.54.
HAM:NTH's EV-to-EBITDA is ranked better than 74.72% of 265
companies
in the Aerospace & Defense industry
Industry Median: 21.32
vs HAM:NTH: 12.09
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Northrop Grumman's PE Ratio (TTM) for today is calculated as:
Northrop Grumman's share price for today is €479.10.
Northrop Grumman's Earnings per Share (Diluted) 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 €27.018.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Northrop Grumman's EV-to-EBITDA 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.
HAM:NTH vs TDG, HONA, LHX: EV-to-EBITDA Comparison
For the Aerospace & Defense subindustry, Northrop Grumman's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Northrop Grumman's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Northrop Grumman's EV-to-EBITDA falls into.
Northrop Grumman's current Enterprise Value is €79,038 Mil.
Northrop Grumman's EBITDA 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 €6,394 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 (HAM:NTH) has a EV-to-EBITDA of 12.36 as of Jul. 30, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Northrop Grumman. This is near median its historical median of 12.54. Over the past decade, Northrop Grumman's EV-to-EBITDA has ranged from 6.46 to 20.38. According to the industry distribution chart, Northrop Grumman ranks #67 out of 265 companies in the Aerospace & Defense industry, placing it in the top 25.3%.
Is Northrop Grumman's EV-to-EBITDA too high?
Northrop Grumman's current EV-to-EBITDA of 12.36 is near median its 10-year median of 12.54. Over the past 10 years, this metric has ranged from a low of 6.46 to a high of 20.38. The Aerospace & Defense industry median EV-to-EBITDA is 21.32. Northrop Grumman's value of 12.36 is 42% below this industry median. Based on the distribution chart, Northrop Grumman ranks #67 out of 265 companies in the Aerospace & Defense industry, which is above the industry midpoint. 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-EBITDA compare to TDG and HONA?
According to the Aerospace & Defense industry distribution chart, Northrop Grumman ranks #67 out of 265 companies for EV-to-EBITDA. This puts Northrop Grumman in the upper half of its industry. The industry median EV-to-EBITDA is 21.32. Northrop Grumman's value of 12.36 is 42% below this benchmark. Historically, Northrop Grumman's own EV-to-EBITDA has ranged from 6.46 to 20.38 over the past decade. While the company's 10-year median is 12.54 vs. the industry median of 21.32, 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-EBITDA for an Aerospace & Defense company?
The median EV-to-EBITDA among Aerospace & Defense companies is 21.32, based on 265 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Northrop Grumman's current EV-to-EBITDA of 12.36 is 42% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Northrop Grumman. For the Aerospace & Defense industry, the median EV-to-EBITDA is 21.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northrop Grumman's current EV-to-EBITDA is 12.36, which is near median its own 10-year median of 12.54. 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 (HAM:NTH) is currently considered Fairly Valued. The stock's GF Value™ is €500.40, compared to a current price of €479.10 — trading 4.3% below its estimated fair value. The current EV-to-EBITDA is 12.36, which is near median its 10-year median of 12.54 and 42% below the Aerospace & Defense industry median of 21.32. 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Northrop Grumman (HAM:NTH), the current EV-to-EBITDA is 12.36 as of Jul. 30, 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 (HAM:NTH) Overvalued in 2026?
Based on GuruFocus' analysis, Northrop Grumman stock appears to be undervalued.
The current stock price of €479.10 is trading 4.3% below its estimated GF Value™ of €500.40.
GuruFocus considers Northrop Grumman to be Fairly Valued.
Key valuation signals for HAM:NTH:
EV-to-EBITDA: 12.36 (near median its 10-year median of 12.54)
GF Value™: €500.40 vs. price of €479.10 (4.3% below fair value)
Industry Position: 42% below the Aerospace & Defense median (#67 of 265)
No single metric tells the full story. See the HAM:NTH 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
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