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Northrop Grumman (WBO:NOCO) EV-to-EBIT

: 28.13 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Northrop Grumman's Enterprise Value is €76,012 Mil. Northrop Grumman's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €2,702 Mil. Therefore, Northrop Grumman's EV-to-EBIT for today is 28.13.

The historical rank and industry rank for Northrop Grumman's EV-to-EBIT or its related term are showing as below:

WBO:NOCO' s EV-to-EBIT Range Over the Past 10 Years
Min: 5.95   Med: 13.08   Max: 29.44
Current: 28.05

During the past 13 years, the highest EV-to-EBIT of Northrop Grumman was 29.44. The lowest was 5.95. And the median was 13.08.

WBO:NOCO's EV-to-EBIT is ranked worse than
53.48% of 230 companies
in the Aerospace & Defense industry
Industry Median: 25.875 vs WBO:NOCO: 28.05

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Northrop Grumman's Enterprise Value for the quarter that ended in Dec. 2023 was €74,827 Mil. Northrop Grumman's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €2,702 Mil. Northrop Grumman's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.61%.


Northrop Grumman EV-to-EBIT Historical Data

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.

* Premium members only.

Northrop Grumman Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.98 14.40 7.51 15.09 28.65

Northrop Grumman Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT 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 Premium Member Only Premium Member Only Premium Member Only 15.09 13.62 13.43 13.11 28.65

Competitive 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 Distribution

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 EV-to-EBIT Calculation

Northrop Grumman's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=76012.035/2702.19
=28.13

Northrop Grumman's current Enterprise Value is €76,012 Mil.
Northrop Grumman's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €2,702 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  (WBO:NOCO) EV-to-EBIT Explanation

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.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Northrop Grumman's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=2702.19/74826.7383
=3.61 %

Northrop Grumman's Enterprise Value for the quarter that ended in Dec. 2023 was €74,827 Mil.
Northrop Grumman's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €2,702 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

Thank you for viewing the detailed overview of Northrop Grumman's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Northrop Grumman (WBO:NOCO) Business Description

Address
2980 Fairview Park Drive, Falls Church, VA, USA, 22042
Northrop Grumman is a diversified defense contractor providing aeronautics, defense, mission, and space systems. The company's aerospace segment creates the fuselage for the massive F-35 program and produces autonomous and piloted aircraft such as Global Hawk drones and the new B-21 bomber. Defense systems makes artillery and missile ammunition and guidance systems, missile defense systems, and conducts maintenance and upgrades on numerous military aircraft. 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. Finally, space systems produces satellites, sensors, space structures, and manufactures long-range missiles and rocket motors.

Northrop Grumman (WBO:NOCO) Headlines

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