Northrop Grumman stock: At 17.15 times earnings, Northrop Grumman stock trails RTX at 30.76

Published on 10/23/2026 at 15:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Net income reached USD 1.12 billion for third quarter on October 20, 2026. Northrop Grumman stock costs EUR 486.55 on October 23, 2026 at 3:32 p.m. CEST.

Valuation and operating figures

Northrop Grumman reported USD 1.12 billion in net income for the third quarter of 2026.
Third-quarter operating margin was 11.40 percent on September 30, 2026.
Northrop Grumman stock costs EUR 486.55 at Lang & Schwarz on October 23, 2026 at 3:32 p.m. CEST.
Market capitalization stood at USD 77.3 billion on October 23, 2026.

Pop-Art-Comicbild mit Jet, Radarschüssel und Industrie-Silhouette im Hintergrund — Northrop Grumman US6668071029 illustriert ein farbenfrohes Pop-Art-Comic mit fliegendem Jet, Radarschüssel und industrieller Fabriksilhouette, Illustration mit AI erstellt.

Northrop Grumman stock (ISIN US6668071029) trades at 17.15 times earnings, below RTX at 30.76 times and Lockheed Martin at 20.72 times as of October 23, 2026. This valuation comparison gives investors a clearer frame than the recent defense-sector headlines. The stock was trading at EUR 486.55 at Lang & Schwarz on October 23, 2026 at 3:32 p.m. CEST.

Operating margin holds at 11.40 percent

Northrop Grumman reported USD 1.12 billion in net income for the third quarter ended September 30, 2026, while diluted earnings per share reached USD 7.89. The company reported an 11.40 percent operating margin for the same period.

According to the company's Northrop Grumman release dated October 20, 2026, third-quarter sales reached USD 11.12 billion and net awards totaled USD 16.00 billion. The release also reported a book-to-bill ratio of 1.50.

Stock stays inside its yearly range

Northrop Grumman's primary listing is on the New York Stock Exchange under ticker NOC. Its USD 470.06 to USD 774.00 52-week range places the latest USD 544.05 home-market quote inside a broad valuation corridor as of October 23, 2026. The market capitalization was USD 77.3 billion on that date.

The company operates in aerospace and defense, with activities spanning aircraft, space systems and mission solutions. Its third-quarter operating margin and USD 52.50 billion in total assets provide the latest reported operating and balance-sheet markers.

Comparison with peers

Northrop Grumman: 17.15 times earnings, USD 77.3 billion market capitalization, October 23, 2026.

Lockheed Martin (NYSE, USD): minus 0.27 percent, P/E 20.72, market capitalization USD 135.8 billion, October 23, 2026.

RTX (NYSE, USD): minus 2.29 percent, P/E 30.76, market capitalization USD 256.4 billion, October 23, 2026.

Valuation remains the central measure

The comparison places Northrop Grumman below both peers on the reported earnings multiple, while its USD 77.3 billion market value is smaller than Lockheed Martin's and RTX's. For investors, the key distinction is the combination of a 17.15 times earnings multiple with a third-quarter operating margin of 11.40 percent.

Northrop Grumman stock was trading at EUR 486.55 at Lang & Schwarz on October 23, 2026 at 3:32 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Northrop Grumman stock.