NOC Northrop Grumman Corp
NYSE, CIK 0001133421, fiscal year ends 12/31. Last price 551.44 on 2026-10-23, market value 78.3 billion dollars.
Machine-readable: NOC.json, NOC.md. Sections: Graham Defensive, Magic Formula, Momentum, Insider, Buffett Quality, Lynch GARP, Graham Enterprising, Piotroski F-Score, earnings record, insiders, filings and links.
| Philosophy | Score | Status | Current inputs as of | History used | Price | Verification | Rules |
|---|---|---|---|---|---|---|---|
| Graham Defensive | 51 | ok | 2025-12-31 stale: Revenue |
2013–2025 | 2026-10-23 | 14 verified, 21 unverified | method |
| Magic Formula | 45 | ok | 2025-12-31 stale: operating_income_q, debt_incl_current |
— | 2026-10-23 | — | method |
| Momentum | 35 | ok | 2026-10-23 | — | 2026-10-23 | — | method |
| Insider | 0 | no open-market transactions in window | 2026-10-23 | — | — | — | method |
| Buffett Quality | 61 | ok | 2025-12-31 stale: debt_incl_current |
2016–2025 | 2026-10-23 | 0 verified, 47 unverified | method |
| Lynch GARP | 46 | ok | 2025-12-31 stale: debt_incl_current |
2020–2025 | 2026-10-23 | 0 verified, 5 unverified | method |
| Graham Enterprising | 42 | ok | 2025-12-31 stale: debt_incl_current |
2020–2025 | 2026-10-23 | 0 verified, 11 unverified | method |
| Piotroski F-Score | 78 | ok | — | 2024–2026 | — | 0 verified, 27 unverified | method |
Market value, source trail
| Input | Value | Unit | Period / date | Source |
|---|---|---|---|---|
| Traded price | 551.44 | USD per traded unit (share or ADS) | 2026-10-23 | Yahoo Finance |
| SEC shares outstanding | 142,064,489 | underlying shares | 2026-10-15 | SEC cover page 10-Q 0001133421-26-000038 (142,064,489 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1133421/000113342126000038/noc-20260930.htm 0001133421-26-000038 |
| Depositary ratio | 1.0 | underlying shares per traded unit | domestic 10-K filer; SEC shares are the traded units | |
| Market value price date × latest reported shares | 78,340,041,814 | USD | 2026-10-23 shares at 2026-10-15 | 551.44 (price 2026-10-23) / 1 x 142,064,489 (shares at 2026-10-15) = 78,340,041,814 |
Graham Defensive
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| 1 Adequate size | 41.95 revenue $B | >= 1 | 5.0 / 5 |
| 2a Current ratio | 1.23 | >= 2.0 | 3.5 / 15 |
| 2b Long-term debt vs working capital | 4.48 LTD / WC | <= 1.0 | 0.0 / 15 |
| 3 Positive earnings each of 10 years | 10 of 10 | 10 of 10 | 15.0 / 15 |
| 4 Dividends every year for 20 years | 20 of 20 XBRL check: 13 years agree, 7 unverified | 20 of 20 | 15.0 / 15 |
| 5 EPS growth, 3-yr avg now vs 10 yrs ago | 10.49 -> 23.65 (+126%) | >= +33% | 10.0 / 10 |
| 6 P/E on 3-year average EPS | 23.3 | <= 15 | 2.5 / 15 |
| 7 P/B <= 1.5, or P/E x P/B <= 22.5 | P/B 4.19, product 97.8 | <= 1.5 or <= 22.5 | 0.0 / 10 |
Inputs, 37 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| Price (close, per traded unit) | 551.44 | 2026-10-23 | Alpaca Market Data (consolidated SIP daily bar) | not cross-checked |
| Revenue | 41954000000.0 | 2025-12-31 stale | SEC XBRL Revenues 0001133421-26-000003 | unverified |
| current_assets | 16977000000.0 | 2026-09-30 | SEC XBRL AssetsCurrent 0001133421-26-000038 | unverified |
| current_liabilities | 13753000000.0 | 2026-09-30 | SEC XBRL LiabilitiesCurrent 0001133421-26-000038 | unverified |
| lt_debt | 14433000000.0 | 2026-09-30 | SEC XBRL LongTermDebtNoncurrent 0001133421-26-000038 | unverified |
| equity | 18683000000.0 | 2026-09-30 | SEC XBRL StockholdersEquity 0001133421-26-000038 | unverified |
| Net income FY2016 | 2043000000.0 | 2016-12-31 history | SEC XBRL NetIncomeLoss 0001133421-19-000007 | unverified |
| Net income FY2017 | 2869000000.0 | 2017-12-31 history | SEC XBRL NetIncomeLoss 0001133421-20-000020 | unverified |
| Net income FY2018 | 3229000000.0 | 2018-12-31 history | SEC XBRL NetIncomeLoss 0001133421-21-000006 | unverified |
| Net income FY2019 | 2248000000.0 | 2019-12-31 history | SEC XBRL NetIncomeLoss 0001133421-22-000004 | unverified |
| Net income FY2020 | 3189000000.0 | 2020-12-31 history | SEC XBRL NetIncomeLoss 0001133421-23-000006 | unverified |
| Net income FY2021 | 7005000000.0 | 2021-12-31 history | SEC XBRL NetIncomeLoss 0001133421-24-000006 | unverified |
| Net income FY2022 | 4896000000.0 | 2022-12-31 history | SEC XBRL NetIncomeLoss 0001133421-25-000006 | unverified |
| Net income FY2023 | 2056000000.0 | 2023-12-31 history | SEC XBRL NetIncomeLoss 0001133421-26-000003 | unverified |
| Net income FY2024 | 4174000000.0 | 2024-12-31 history | SEC XBRL NetIncomeLoss 0001133421-26-000003 | unverified |
| Net income FY2025 | 4182000000.0 | 2025-12-31 history | SEC XBRL NetIncomeLoss 0001133421-26-000003 | unverified |
| Dividend years (Yahoo) | [2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026] | history | Yahoo Finance dividend history | verified (partly: XBRL covers 13 of 20 years) |
| Dividends per share FY2013 (XBRL) | 2.38 | 2013-12-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0001133421-16-000081 | verified |
| Dividends per share FY2014 (XBRL) | 2.71 | 2014-12-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0001133421-17-000008 | verified |
| Dividends per share FY2015 (XBRL) | 3.1 | 2015-12-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0001133421-18-000005 | verified |
| Dividends per share FY2016 (XBRL) | 3.5 | 2016-12-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0001133421-19-000007 | verified |
| Dividends per share FY2017 (XBRL) | 3.9 | 2017-12-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0001133421-20-000020 | verified |
| Dividends per share FY2018 (XBRL) | 4.7 | 2018-12-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0001133421-21-000006 | verified |
| Dividends per share FY2019 (XBRL) | 5.16 | 2019-12-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0001133421-22-000004 | verified |
| Dividends per share FY2020 (XBRL) | 5.67 | 2020-12-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0001133421-23-000006 | verified |
| Dividends per share FY2021 (XBRL) | 6.16 | 2021-12-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0001133421-24-000006 | verified |
| Dividends per share FY2022 (XBRL) | 6.76 | 2022-12-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0001133421-25-000006 | verified |
| Dividends per share FY2023 (XBRL) | 7.34 | 2023-12-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0001133421-26-000003 | verified |
| Dividends per share FY2024 (XBRL) | 8.05 | 2024-12-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0001133421-26-000003 | verified |
| Dividends per share FY2025 (XBRL) | 8.99 | 2025-12-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0001133421-26-000003 | verified |
| EPS diluted FY2014 | 9.75 | 2014-12-31 history | SEC XBRL EarningsPerShareDiluted 0001133421-17-000008 | unverified |
| EPS diluted FY2015 | 10.39 | 2015-12-31 history | SEC XBRL EarningsPerShareDiluted 0001133421-18-000005 | unverified |
| EPS diluted FY2016 | 11.32 | 2016-12-31 history | SEC XBRL EarningsPerShareDiluted 0001133421-19-000007 | unverified |
| EPS diluted FY2023 | 13.53 | 2023-12-31 history | SEC XBRL EarningsPerShareDiluted 0001133421-26-000003 | unverified |
| EPS diluted FY2024 | 28.34 | 2024-12-31 history | SEC XBRL EarningsPerShareDiluted 0001133421-26-000003 | unverified |
| EPS diluted FY2025 | 29.08 | 2025-12-31 history | SEC XBRL EarningsPerShareDiluted 0001133421-26-000003 | unverified |
| Shares outstanding | 142064489.0 | 2026-10-15 | SEC cover page 10-Q 0001133421-26-000038 (142,064,489 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1133421/000113342126000038/noc-20260930.htm 0001133421-26-000038 | not cross-checked |
Magic Formula
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| Earnings yield (EBIT/EV) EBIT trailing twelve months; EV = market cap + debt (15,696,000,000) - cash | 5.12 % (rank 72) | ||
| Return on capital (EBIT/(NWC+PPE)) net working capital 3,224,000,000 used as reported | 33.8 % (rank 122) | ||
| Combined rank | 194 |
Inputs, 15 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| operating_income | 4511000000.0 | 2025-12-31 history | SEC XBRL OperatingIncomeLoss 0001133421-26-000003 | not cross-checked |
| operating_income_q | 989000000.0 | 2026-03-31 stale | SEC XBRL OperatingIncomeLoss (quarter CY2026Q1) 0001133421-26-000016 | not cross-checked |
| operating_income_q | 573000000.0 | 2025-03-31 history | SEC XBRL OperatingIncomeLoss (quarter CY2025Q1) 0001133421-26-000016 | not cross-checked |
| operating_income_q | 1096000000.0 | 2026-06-30 | SEC XBRL OperatingIncomeLoss (quarter CY2026Q2) 0001133421-26-000034 | not cross-checked |
| operating_income_q | 1425000000.0 | 2025-06-30 history | SEC XBRL OperatingIncomeLoss (quarter CY2025Q2) 0001133421-26-000034 | not cross-checked |
| operating_income_q | 1269000000.0 | 2026-09-30 | SEC XBRL OperatingIncomeLoss (quarter CY2026Q3) 0001133421-26-000038 | not cross-checked |
| operating_income_q | 1242000000.0 | 2025-09-30 history | SEC XBRL OperatingIncomeLoss (quarter CY2025Q3) 0001133421-26-000038 | not cross-checked |
| current_assets | 16977000000.0 | 2026-09-30 | SEC XBRL AssetsCurrent 0001133421-26-000038 | not cross-checked |
| current_liabilities | 13753000000.0 | 2026-09-30 | SEC XBRL LiabilitiesCurrent 0001133421-26-000038 | not cross-checked |
| cash | 3744000000.0 | 2026-09-30 | SEC XBRL CashAndCashEquivalentsAtCarryingValue 0001133421-26-000038 | not cross-checked |
| ppe_net | 10461000000.0 | 2026-09-30 | SEC XBRL PropertyPlantAndEquipmentNet 0001133421-26-000038 | not cross-checked |
| debt_incl_current | 15696000000.0 | 2025-12-31 stale | SEC XBRL LongTermDebt 0001133421-26-000003 | not cross-checked |
| shares_out | 142064489.0 | 2026-10-15 | SEC cover page 10-Q 0001133421-26-000038 (142,064,489 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1133421/000113342126000038/noc-20260930.htm 0001133421-26-000038 | not cross-checked |
| Price (close) | 551.44 | 2026-10-23 | Yahoo Finance / Alpaca Market Data | not cross-checked |
| note | debt = LongTermDebt (incl. current maturities) | not cross-checked |
Momentum
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| 12-1 month return | -13.7 % (percentile 21.0) | 10.5 / 50 | |
| 6 month return | -5.3 % (percentile 29.0) | 5.8 / 20 | |
| Price / 52-week high | 0.724 | 10.9 / 15 | |
| Volatility penalty (60d annualised) | 27.2 % | 8.0 / 15 |
Inputs, 1 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| Adjusted close series (14 months) | 551.44 | 2026-10-23 | Yahoo Finance / Alpaca Market Data daily history | not cross-checked |
Insider
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| Open-market buy value / market cap (percentile among buyers) | 0.0 bp | 0.0 / 35 | |
| Distinct buyers | 0 | 0.0 / 25 | |
| Buyer seniority | 0.0 | 0.0 / 20 | |
| Recency (half-life 30d) | 0.0 | 0.0 / 10 | |
| Sales penalty (excludes 10b5-1 plan sales) | 0.0 bp | -0.0 / 0 |
Inputs, 10 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| excluded 2026-08-03 S | 10b5-1 plan | rule | not cross-checked | |
| excluded 2026-08-03 S | 10b5-1 plan | rule | not cross-checked | |
| excluded 2026-08-03 S | 10b5-1 plan | rule | not cross-checked | |
| excluded 2026-08-03 S | 10b5-1 plan | rule | not cross-checked | |
| excluded 2026-08-03 S | 10b5-1 plan | rule | not cross-checked | |
| excluded 2026-08-03 S | 10b5-1 plan | rule | not cross-checked | |
| excluded 2026-08-03 S | 10b5-1 plan | rule | not cross-checked | |
| excluded 2026-08-03 S | 10b5-1 plan | rule | not cross-checked | |
| excluded 2026-08-03 S | 10b5-1 plan | rule | not cross-checked | |
| excluded 2026-08-03 S | 10b5-1 plan | rule | not cross-checked |
Buffett Quality
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| 1 Average return on equity (net income / year-end equity) | 30.9% over 8 yrs | >= 15% | 25.0 / 25 |
| 2 Profitable every year | 10 of 10 | all years | 15.0 / 15 |
| 3 Net income growth, 3-yr average now vs start of window | +3.6% a year | >= +10% | 3.6 / 10 |
| 4 Borrowings / 3-yr average earnings (years to repay) LongTermDebt (incl. current maturities) | 4.5 years | <= 4 | 13.0 / 15 |
| 5 Operating margin, 5-yr average | 10.7% | >= 20% | 2.3 / 10 |
| 6 Free cash flow / net income, 5-yr (operating cash flow minus capex) | 0.52 | >= 1.0 | 0.4 / 10 |
| 7 Owner-earnings yield (3-yr avg free cash flow / market cap) | 3.4% | >= 7% | 1.6 / 15 |
Inputs, 49 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| Price (close, per traded unit) | 551.44 | 2026-10-23 | Alpaca Market Data (consolidated SIP daily bar) | not cross-checked |
| Net income FY2018 | 3229000000.0 | 2018-12-31 history | SEC XBRL NetIncomeLoss 0001133421-21-000006 | unverified |
| Equity at FY2018 end | 8187000000.0 | 2018-12-31 history | SEC XBRL StockholdersEquity 0001133421-21-000006 | unverified |
| Net income FY2019 | 2248000000.0 | 2019-12-31 history | SEC XBRL NetIncomeLoss 0001133421-22-000004 | unverified |
| Equity at FY2019 end | 8819000000.0 | 2019-12-31 history | SEC XBRL StockholdersEquity 0001133421-22-000004 | unverified |
| Net income FY2020 | 3189000000.0 | 2020-12-31 history | SEC XBRL NetIncomeLoss 0001133421-23-000006 | unverified |
| Equity at FY2020 end | 10579000000.0 | 2020-12-31 history | SEC XBRL StockholdersEquity 0001133421-23-000006 | unverified |
| Net income FY2021 | 7005000000.0 | 2021-12-31 history | SEC XBRL NetIncomeLoss 0001133421-24-000006 | unverified |
| Equity at FY2021 end | 12926000000.0 | 2021-12-31 history | SEC XBRL StockholdersEquity 0001133421-24-000006 | unverified |
| Net income FY2022 | 4896000000.0 | 2022-12-31 history | SEC XBRL NetIncomeLoss 0001133421-25-000006 | unverified |
| Equity at FY2022 end | 15312000000.0 | 2022-12-31 history | SEC XBRL StockholdersEquity 0001133421-25-000006 | unverified |
| Net income FY2023 | 2056000000.0 | 2023-12-31 history | SEC XBRL NetIncomeLoss 0001133421-26-000003 | unverified |
| Equity at FY2023 end | 14795000000.0 | 2023-12-31 history | SEC XBRL StockholdersEquity 0001133421-26-000003 | unverified |
| Net income FY2024 | 4174000000.0 | 2024-12-31 history | SEC XBRL NetIncomeLoss 0001133421-26-000003 | unverified |
| Equity at FY2024 end | 15290000000.0 | 2024-12-31 history | SEC XBRL StockholdersEquity 0001133421-26-000003 | unverified |
| Net income FY2025 | 4182000000.0 | 2025-12-31 history | SEC XBRL NetIncomeLoss 0001133421-26-000003 | unverified |
| Equity at FY2025 end | 16674000000.0 | 2025-12-31 history | SEC XBRL StockholdersEquity 0001133421-26-000038 | unverified |
| Net income FY2016 | 2043000000.0 | 2016-12-31 history | SEC XBRL NetIncomeLoss 0001133421-19-000007 | unverified |
| Net income FY2017 | 2869000000.0 | 2017-12-31 history | SEC XBRL NetIncomeLoss 0001133421-20-000020 | unverified |
| Net income FY2018 | 3229000000.0 | 2018-12-31 history | SEC XBRL NetIncomeLoss 0001133421-21-000006 | unverified |
| Net income FY2019 | 2248000000.0 | 2019-12-31 history | SEC XBRL NetIncomeLoss 0001133421-22-000004 | unverified |
| Net income FY2020 | 3189000000.0 | 2020-12-31 history | SEC XBRL NetIncomeLoss 0001133421-23-000006 | unverified |
| Net income FY2021 | 7005000000.0 | 2021-12-31 history | SEC XBRL NetIncomeLoss 0001133421-24-000006 | unverified |
| Net income FY2022 | 4896000000.0 | 2022-12-31 history | SEC XBRL NetIncomeLoss 0001133421-25-000006 | unverified |
| Net income FY2023 | 2056000000.0 | 2023-12-31 history | SEC XBRL NetIncomeLoss 0001133421-26-000003 | unverified |
| Net income FY2024 | 4174000000.0 | 2024-12-31 history | SEC XBRL NetIncomeLoss 0001133421-26-000003 | unverified |
| Net income FY2025 | 4182000000.0 | 2025-12-31 history | SEC XBRL NetIncomeLoss 0001133421-26-000003 | unverified |
| debt_incl_current | 15696000000.0 | 2025-12-31 stale | SEC XBRL LongTermDebt 0001133421-26-000003 | unverified |
| Operating income FY2021 | 5651000000.0 | 2021-12-31 history | SEC XBRL OperatingIncomeLoss 0001133421-24-000006 | unverified |
| Revenue FY2021 | 35667000000.0 | 2021-12-31 history | SEC XBRL Revenues 0001133421-24-000006 | unverified |
| Operating income FY2022 | 3601000000.0 | 2022-12-31 history | SEC XBRL OperatingIncomeLoss 0001133421-25-000006 | unverified |
| Revenue FY2022 | 36602000000.0 | 2022-12-31 history | SEC XBRL Revenues 0001133421-25-000006 | unverified |
| Operating income FY2023 | 2537000000.0 | 2023-12-31 history | SEC XBRL OperatingIncomeLoss 0001133421-26-000003 | unverified |
| Revenue FY2023 | 39290000000.0 | 2023-12-31 history | SEC XBRL Revenues 0001133421-26-000003 | unverified |
| Operating income FY2024 | 4370000000.0 | 2024-12-31 history | SEC XBRL OperatingIncomeLoss 0001133421-26-000003 | unverified |
| Revenue FY2024 | 41033000000.0 | 2024-12-31 history | SEC XBRL Revenues 0001133421-26-000003 | unverified |
| Operating income FY2025 | 4511000000.0 | 2025-12-31 history | SEC XBRL OperatingIncomeLoss 0001133421-26-000003 | unverified |
| Revenue FY2025 | 41954000000.0 | 2025-12-31 history | SEC XBRL Revenues 0001133421-26-000003 | unverified |
| Operating cash flow FY2021 | 3567000000.0 | 2021-12-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001133421-24-000006 | unverified |
| Capital expenditure FY2021 | 1415000000.0 | 2021-12-31 history | SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0001133421-24-000006 | unverified |
| Operating cash flow FY2022 | 2901000000.0 | 2022-12-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001133421-25-000006 | unverified |
| Capital expenditure FY2022 | 1435000000.0 | 2022-12-31 history | SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0001133421-25-000006 | unverified |
| Operating cash flow FY2023 | 3875000000.0 | 2023-12-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001133421-26-000003 | unverified |
| Capital expenditure FY2023 | 1775000000.0 | 2023-12-31 history | SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0001133421-26-000003 | unverified |
| Operating cash flow FY2024 | 4388000000.0 | 2024-12-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001133421-26-000003 | unverified |
| Capital expenditure FY2024 | 1767000000.0 | 2024-12-31 history | SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0001133421-26-000003 | unverified |
| Operating cash flow FY2025 | 4757000000.0 | 2025-12-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001133421-26-000003 | unverified |
| Capital expenditure FY2025 | 1450000000.0 | 2025-12-31 history | SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0001133421-26-000003 | unverified |
| Shares outstanding | 142064489.0 | 2026-10-15 | SEC cover page 10-Q 0001133421-26-000038 (142,064,489 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1133421/000113342126000038/noc-20260930.htm 0001133421-26-000038 | not cross-checked |
Lynch GARP
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| 1 PEG: P/E divided by 5-yr EPS growth (in % points) | 2.14 | <= 1.0 | 0.0 / 30 |
| 2 EPS growth, 5-yr compound rate | +8.9% a year | 12% to 35% a year | 14.8 / 20 |
| 3 P/E on latest annual EPS | 19.0 | <= 25 | 10.0 / 10 |
| 4 Borrowings / equity LongTermDebt (incl. current maturities) | 0.84 | <= 0.5 | 9.9 / 15 |
| 5 Years of the last 5 in which EPS rose | 3 of 5 | 5 of 5 | 9.0 / 15 |
| 6 Net cash (cash minus borrowings) / market cap | -15.3% | >= +10% | 2.8 / 10 |
Inputs, 6 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| Price (close, per traded unit) | 551.44 | 2026-10-23 | Alpaca Market Data (consolidated SIP daily bar) | not cross-checked |
| EPS diluted FY2025 | 29.08 | 2025-12-31 history | SEC XBRL EarningsPerShareDiluted 0001133421-26-000003 | unverified |
| EPS diluted FY2020 | 19.03 | 2020-12-31 history | SEC XBRL EarningsPerShareDiluted 0001133421-23-000006 | unverified |
| debt_incl_current | 15696000000.0 | 2025-12-31 stale | SEC XBRL LongTermDebt 0001133421-26-000003 | unverified |
| equity | 18683000000.0 | 2026-09-30 | SEC XBRL StockholdersEquity 0001133421-26-000038 | unverified |
| cash | 3744000000.0 | 2026-09-30 | SEC XBRL CashAndCashEquivalentsAtCarryingValue 0001133421-26-000038 | unverified |
Graham Enterprising
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| 1 Current ratio | 1.23 | >= 1.5 | 7.0 / 15 |
| 2 Borrowings vs working capital LongTermDebt (incl. current maturities) | 4.87 x | <= 1.1x | 0.0 / 15 |
| 3 No earnings deficit in the last 5 years | 5 of 5 profitable | 5 of 5 | 15.0 / 15 |
| 4 Pays a current dividend | yes | yes | 10.0 / 10 |
| 5 EPS higher than five years earlier | 19.03 -> 29.08 | higher | 10.0 / 10 |
| 6 Price / book value per share book value used because intangibles are not separated in the dataset (Graham uses net tangible assets) | 4.19 | <= 1.2 | 0.0 / 20 |
| 7 Price / net current asset value per share (current assets minus all liabilities) net current asset value not positive | — | <= 0.67 | 0.0 / 15 |
Inputs, 14 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| Price (close, per traded unit) | 551.44 | 2026-10-23 | Alpaca Market Data (consolidated SIP daily bar) | not cross-checked |
| current_assets | 16977000000.0 | 2026-09-30 | SEC XBRL AssetsCurrent 0001133421-26-000038 | unverified |
| current_liabilities | 13753000000.0 | 2026-09-30 | SEC XBRL LiabilitiesCurrent 0001133421-26-000038 | unverified |
| debt_incl_current | 15696000000.0 | 2025-12-31 stale | SEC XBRL LongTermDebt 0001133421-26-000003 | unverified |
| Net income FY2021 | 7005000000.0 | 2021-12-31 history | SEC XBRL NetIncomeLoss 0001133421-24-000006 | unverified |
| Net income FY2022 | 4896000000.0 | 2022-12-31 history | SEC XBRL NetIncomeLoss 0001133421-25-000006 | unverified |
| Net income FY2023 | 2056000000.0 | 2023-12-31 history | SEC XBRL NetIncomeLoss 0001133421-26-000003 | unverified |
| Net income FY2024 | 4174000000.0 | 2024-12-31 history | SEC XBRL NetIncomeLoss 0001133421-26-000003 | unverified |
| Net income FY2025 | 4182000000.0 | 2025-12-31 history | SEC XBRL NetIncomeLoss 0001133421-26-000003 | unverified |
| Dividend years (Yahoo) | [2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026] | history | Yahoo Finance dividend history | not cross-checked |
| EPS diluted FY2025 | 29.08 | 2025-12-31 history | SEC XBRL EarningsPerShareDiluted 0001133421-26-000003 | unverified |
| EPS diluted FY2020 | 19.03 | 2020-12-31 history | SEC XBRL EarningsPerShareDiluted 0001133421-23-000006 | unverified |
| equity | 18683000000.0 | 2026-09-30 | SEC XBRL StockholdersEquity 0001133421-26-000038 | unverified |
| Shares outstanding | 142064489.0 | 2026-10-15 | SEC cover page 10-Q 0001133421-26-000038 (142,064,489 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1133421/000113342126000038/noc-20260930.htm 0001133421-26-000038 | not cross-checked |
Piotroski F-Score
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| 1 Return on assets is positive | 8.1% | pass = 1 | 11.11111111111111 / 11.11111111111111 |
| 2 Operating cash flow is positive | 4,757M | pass = 1 | 11.11111111111111 / 11.11111111111111 |
| 3 Return on assets improved on the prior year | 8.5% -> 8.1% | pass = 1 | 0.0 / 11.11111111111111 |
| 4 Operating cash flow exceeds net income (accruals) | 4,757M vs 4,182M | pass = 1 | 11.11111111111111 / 11.11111111111111 |
| 5 Long-term debt / assets fell | 29.8% -> 29.5% | pass = 1 | 11.11111111111111 / 11.11111111111111 |
| 6 Current ratio improved | 1.01 -> 1.10 | pass = 1 | 11.11111111111111 / 11.11111111111111 |
| 7 No new shares issued (share count did not rise) | 143M -> 142M | pass = 1 | 11.11111111111111 / 11.11111111111111 |
| 8 Operating margin improved (stand-in for gross margin, which the dataset does not carry) | 10.6% -> 10.8% | pass = 1 | 11.11111111111111 / 11.11111111111111 |
| 9 Asset turnover (revenue / assets) improved | 0.83 -> 0.82 | pass = 1 | 0.0 / 11.11111111111111 |
Inputs, 27 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| net_income 2025-12-31 | 4182000000.0 | 2025-12-31 history | SEC XBRL NetIncomeLoss 0001133421-26-000003 | unverified |
| total_assets 2025-12-31 | 51377000000.0 | 2025-12-31 history | SEC XBRL Assets 0001133421-26-000038 | unverified |
| cfo 2025-12-31 | 4757000000.0 | 2025-12-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001133421-26-000003 | unverified |
| net_income 2025-12-31 | 4182000000.0 | 2025-12-31 history | SEC XBRL NetIncomeLoss 0001133421-26-000003 | unverified |
| net_income 2024-12-31 | 4174000000.0 | 2024-12-31 history | SEC XBRL NetIncomeLoss 0001133421-26-000003 | unverified |
| total_assets 2025-12-31 | 51377000000.0 | 2025-12-31 history | SEC XBRL Assets 0001133421-26-000038 | unverified |
| total_assets 2024-12-31 | 49359000000.0 | 2024-12-31 history | SEC XBRL Assets 0001133421-26-000003 | unverified |
| cfo 2025-12-31 | 4757000000.0 | 2025-12-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001133421-26-000003 | unverified |
| net_income 2025-12-31 | 4182000000.0 | 2025-12-31 history | SEC XBRL NetIncomeLoss 0001133421-26-000003 | unverified |
| lt_debt 2025-12-31 | 15162000000.0 | 2025-12-31 history | SEC XBRL LongTermDebtNoncurrent 0001133421-26-000038 | unverified |
| lt_debt 2024-12-31 | 14692000000.0 | 2024-12-31 history | SEC XBRL LongTermDebtNoncurrent 0001133421-26-000003 | unverified |
| total_assets 2025-12-31 | 51377000000.0 | 2025-12-31 history | SEC XBRL Assets 0001133421-26-000038 | unverified |
| total_assets 2024-12-31 | 49359000000.0 | 2024-12-31 history | SEC XBRL Assets 0001133421-26-000003 | unverified |
| current_assets 2025-12-31 | 15287000000.0 | 2025-12-31 history | SEC XBRL AssetsCurrent 0001133421-26-000038 | unverified |
| current_assets 2024-12-31 | 14274000000.0 | 2024-12-31 history | SEC XBRL AssetsCurrent 0001133421-26-000003 | unverified |
| current_liabilities 2025-12-31 | 13882000000.0 | 2025-12-31 history | SEC XBRL LiabilitiesCurrent 0001133421-26-000038 | unverified |
| current_liabilities 2024-12-31 | 14128000000.0 | 2024-12-31 history | SEC XBRL LiabilitiesCurrent 0001133421-26-000003 | unverified |
| shares_out 2026-10-15 | 142064489.0 | 2026-10-15 history | SEC XBRL EntityCommonStockSharesOutstanding 0001133421-26-000038 | unverified |
| shares_out 2025-10-16 | 142720067.0 | 2025-10-16 history | SEC XBRL EntityCommonStockSharesOutstanding 0001133421-25-000053 | unverified |
| operating_income 2025-12-31 | 4511000000.0 | 2025-12-31 history | SEC XBRL OperatingIncomeLoss 0001133421-26-000003 | unverified |
| operating_income 2024-12-31 | 4370000000.0 | 2024-12-31 history | SEC XBRL OperatingIncomeLoss 0001133421-26-000003 | unverified |
| revenue 2025-12-31 | 41954000000.0 | 2025-12-31 history | SEC XBRL Revenues 0001133421-26-000003 | unverified |
| revenue 2024-12-31 | 41033000000.0 | 2024-12-31 history | SEC XBRL Revenues 0001133421-26-000003 | unverified |
| revenue 2025-12-31 | 41954000000.0 | 2025-12-31 history | SEC XBRL Revenues 0001133421-26-000003 | unverified |
| revenue 2024-12-31 | 41033000000.0 | 2024-12-31 history | SEC XBRL Revenues 0001133421-26-000003 | unverified |
| total_assets 2025-12-31 | 51377000000.0 | 2025-12-31 history | SEC XBRL Assets 0001133421-26-000038 | unverified |
| total_assets 2024-12-31 | 49359000000.0 | 2024-12-31 history | SEC XBRL Assets 0001133421-26-000003 | unverified |
Earnings record
| FY | Ended | Revenue, $M | Net income, $M | EPS diluted | Dividend | Filing |
|---|---|---|---|---|---|---|
| 2013 | 2013-12-31 | 24,661 | 1,952 | 8.35 | paid | 0001133421-16-000081 |
| 2014 | 2014-12-31 | 23,979 | 2,069 | 9.75 | paid | 0001133421-17-000008 |
| 2015 | 2015-12-31 | 23,526 | 1,990 | 10.39 | paid | 0001133421-18-000005 |
| 2016 | 2016-12-31 | 24,706 | 2,043 | 11.32 | paid | 0001133421-19-000007 |
| 2017 | 2017-12-31 | 26,004 | 2,869 | 16.34 | paid | 0001133421-20-000020 |
| 2018 | 2018-12-31 | 30,095 | 3,229 | 18.49 | paid | 0001133421-21-000006 |
| 2019 | 2019-12-31 | 33,841 | 2,248 | 13.22 | paid | 0001133421-22-000004 |
| 2020 | 2020-12-31 | 36,799 | 3,189 | 19.03 | paid | 0001133421-23-000006 |
| 2021 | 2021-12-31 | 35,667 | 7,005 | 43.54 | paid | 0001133421-24-000006 |
| 2022 | 2022-12-31 | 36,602 | 4,896 | 31.47 | paid | 0001133421-25-000006 |
| 2023 | 2023-12-31 | 39,290 | 2,056 | 13.53 | paid | 0001133421-26-000003 |
| 2024 | 2024-12-31 | 41,033 | 4,174 | 28.34 | paid | 0001133421-26-000003 |
| 2025 | 2025-12-31 | 41,954 | 4,182 | 29.08 | paid | 0001133421-26-000003 |
Insider transactions
| Date | Insider | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| 2026-08-03 | Welsh Mark A Iii | director | sale plan | 8 | 544.53 | 4,356 |
| 2026-08-03 | Welsh Mark A Iii | director | sale plan | 19 | 545.59 | 10,366 |
| 2026-08-03 | Welsh Mark A Iii | director | sale plan | 31 | 547.42 | 16,970 |
| 2026-08-03 | Welsh Mark A Iii | director | sale plan | 10 | 548.32 | 5,483 |
| 2026-08-03 | Welsh Mark A Iii | director | sale plan | 6 | 549.50 | 3,297 |
| 2026-08-03 | Welsh Mark A Iii | director | sale plan | 2 | 550.68 | 1,101 |
| 2026-08-03 | Welsh Mark A Iii | director | sale plan | 2 | 552.95 | 1,106 |
| 2026-08-03 | Welsh Mark A Iii | director | sale plan | 2 | 553.90 | 1,108 |
| 2026-08-03 | Welsh Mark A Iii | director | sale plan | 4 | 554.14 | 2,217 |
| 2026-08-03 | Welsh Mark A Iii | director | sale plan | 11 | 546.42 | 6,011 |
| 2026-05-04 | Welsh Mark A Iii | director | sale | 1 | 577.05 | 577 |
| 2026-05-04 | Welsh Mark A Iii | director | sale | 7 | 576.38 | 4,035 |
| 2026-05-04 | Welsh Mark A Iii | director | sale | 4 | 575.59 | 2,302 |
| 2026-05-04 | Welsh Mark A Iii | director | sale | 2 | 574.51 | 1,149 |
| 2026-05-04 | Welsh Mark A Iii | director | sale | 14 | 573.51 | 8,029 |
| 2026-05-04 | Welsh Mark A Iii | director | sale | 6 | 572.72 | 3,436 |
| 2026-05-04 | Welsh Mark A Iii | director | sale | 3 | 571.74 | 1,715 |
| 2026-05-04 | Welsh Mark A Iii | director | sale | 43 | 570.47 | 24,530 |
| 2026-05-04 | Welsh Mark A Iii | director | sale | 9 | 569.49 | 5,125 |
| 2026-05-04 | Welsh Mark A Iii | director | sale | 5 | 568.75 | 2,844 |
Filings and links
- SEC: filing index, 8-K, Form 4, XBRL companyfacts
- Prices: Yahoo Finance, Stooq
- Elsewhere: morningstar, finviz, stockanalysis, seeking alpha, openinsider, google news