CW vs NOC vs OSIS Stock Comparison

Curtiss Wright, Northrop Grumman and Osi Systems Prices as of Oct 27, 2026 Peers: Industry group
CW Curtiss Wright Corp
$477.08 -11.6% 1M -16.8% 1Y
Market cap
$17.68B
P/E
32.7x
Revenue (TTM)
$3.65B
Div. yield
–
Defense Industrials
5 wins
OSIS Osi Systems Inc
$200.90 +1.9% 1M -20.9% 1Y
Market cap
$3.32B
P/E
21.5x
Revenue (TTM)
$1.79B
Div. yield
–
Defense Industrials
2 wins

Head to Head

11 decided of 12

Curtiss Wright leads on 5 of the 12 questions below (Curtiss Wright 5, Northrop Grumman 4, Osi Systems 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCWNOCOSISLeader
Larger companyMarket capitalisation $17.68B $78.49B $3.32B NOC
Cheaper on earningsLower P/E, profitable companies only 32.7x 17.4x 21.5x NOC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 33.2x 17.9x 17.3x OSIS
Faster revenue growthRevenue growth, trailing twelve months +10.5% +6.5% +4.3% CW
More profitableNet margin, trailing twelve months 14.8% 10.4% 8.7% CW
Better return on capitalReturn on invested capital 14.7% 12.2% 9.4% CW
Less leveragedLower net debt / EBITDA 0.6x 1.7x 2.4x CW
Higher dividend yieldTrailing dividend yield 0.00% 0.02% 0.00% –
Better 1-year returnPrice return, last 12 months -16.8% -7.5% -20.9% NOC
Better 5-year returnAnnualised price return, 5 years +29.9%/yr +9.0%/yr +16.4%/yr CW
Less volatileAnnualised volatility, 1 year 35.9% 28.7% 43.6% NOC
Higher overall scoreMean of the five percentile scores vs peers 68/100 58/100 74/100 OSIS

Percentile Scorecard

CWNOCOSIS

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCWNOCOSIS
Valuation 52 #49 of 100 78 #23 of 100 84 #17 of 100
Growth 60 #39 of 97 38 #61 of 97 67 #33 of 97
Profitability 95 #6 of 96 78 #22 of 96 80 #20 of 96
Financial Health 66 #36 of 105 40 #63 of 105 44 #59 of 105
Shareholder Returns 67 #22 of 65 58 #28 of 65 97 #3 of 65
Overall 68 58 74
  • CW ranked among 107 companies in Aerospace and Defense
  • NOC ranked among 107 companies in Aerospace and Defense
  • OSIS ranked among 107 companies in Aerospace and Defense

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCWNOCOSISSPY
1 month -11.6%+8.0%+1.9% -0.2%
3 months -34.5%+0.4%-8.9% +3.9%
6 months -32.4%-4.6%-30.1% +8.2%
Year to date -13.5%-3.3%-21.2% +12.9%
1 year -16.8%-7.5%-20.9% +12.3%
3 years +143.8%+16.5%+88.8% +87.4%
3 years, per year +34.6%+5.2%+23.6% +23.3%
5 years +269.8%+53.7%+113.5% +67.9%
5 years, per year +29.9%+9.0%+16.4% +10.9%
10 years +438.6%+144.6%+202.8% +261.1%
10 years, per year +18.3%+9.4%+11.7% +13.7%

Risk

MeasureCWNOCOSISSPY
Volatility, 1Y 35.9%28.7%43.6% 12.7%
Downside volatility, 1Y 38.0%28.4%44.4% 12.7%
Beta vs S&P 500, 1Y 1.41-0.011.17 1.00
Return / volatility, 1Y -0.47-0.26-0.48 0.97
Max drawdown, 5Y -41.3%-38.4%-37.9% -25.4%
From 52-week high -39.8%-28.2%-35.1% -1.2%
52-week high $792.61$768.02$309.68 $779.14
52-week low $464.99$473.40$192.30 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCWNOCOSIS
P/E now vs peer median 32.6xmedian 26.5x 17.3xmedian 26.5x 21.5xmedian 26.5x
P/S now vs peer median 4.8xmedian 3.0x 1.8xmedian 3.0x 1.8xmedian 3.0x
EV/EBITDA now vs peer median 22.5xmedian 14.6x 14.5xmedian 14.6x 14.5xmedian 14.6x
P/FCF now vs peer median 28.2xmedian 26.4x 20.5xmedian 26.4x 14.1xmedian 26.4x
P/B now vs peer median 6.4xmedian 2.5x 4.2xmedian 2.5x 3.8xmedian 2.5x
PEG now vs peer median 1.58median 0.90 17.01median 0.90 1.15median 0.90

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCWNOCOSIS
Revenue $3.65B $43.59B $1.79B
Gross profit $1.38B $8.73B $593.09M
Operating income $686.21M $4.63B $218.97M
Net income $541.18M $4.52B $154.71M
Free cash flow $625.29M $3.83B $227.35M
R&D $98.16M – $79.14M
EPS (diluted) $14.58 $31.74 $8.95
Cash & equivalents $477.15M $3.74B $359.83M
Total debt $957.39M $58.43B $3.45B
Shares (diluted) 37.12M 142.40M 17.28M
Enterprise value $16.27B $65.95B $2.16B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCWNOCOSIS
P/E 32.6x 17.3x 21.5x
P/FCF 28.2x 20.5x 14.1x
P/Operating cash flow 24.4x 14.9x 11.6x
P/S 4.8x 1.8x 1.8x
P/B 6.4x 4.2x 3.8x
P/Tangible book 7.8x 4.2x 5.0x
EV/EBITDA 22.5x 14.5x 14.5x
EV/EBIT 26.4x 19.2x 17.5x
EV/Revenue 5.0x 2.0x 2.1x
EV/FCF 28.9x 23.2x 16.9x
EV/Operating cash flow 25.1x 16.9x 13.9x
PEG (3Y EPS CAGR) 1.58 17.01 1.15

Growth

14 metrics
MetricCWNOCOSIS
Revenue growth (1Y) 10.5% 6.5% 4.3%
Revenue CAGR (3Y) 10.3% 4.1% 11.8%
Gross profit growth (1Y) 11.7% 9.8% 1.0%
Gross profit CAGR (3Y) 11.1% 3.4% 11.3%
Operating income growth (1Y) 17.3% 6.8% 0.7%
Operating income CAGR (3Y) 14.6% 6.4% 17.4%
Net income growth (1Y) 19.9% 12.5% 3.4%
Net income CAGR (3Y) 19.1% -1.1% 19.0%
EPS growth (1Y) 22.4% 13.3% 2.8%
EPS CAGR (3Y) 20.6% 1.0% 18.8%
Operating cash flow growth (1Y) 25.1% 53.2% 182.7%
Operating cash flow CAGR (3Y) 21.0% 12.5% 42.8%
Free cash flow growth (1Y) 24.2% 108.8% 305.3%
Free cash flow CAGR (3Y) 19.5% 22.3% 53.7%

Profitability

14 metrics
MetricCWNOCOSIS
Gross margin 37.7% 20.0% 33.2%
EBITDA margin 22.0% 14.1% 14.8%
Operating margin 18.8% 10.6% 12.3%
Pretax margin 18.9% 12.0% 10.8%
Net margin 14.8% 10.4% 8.7%
FCF margin 17.1% 8.8% 12.7%
Operating cash flow margin 19.7% 12.1% 15.4%
Return on equity 20.0% 24.7% 17.9%
Return on assets 10.1% 8.8% 6.1%
Return on invested capital 14.7% 12.2% 9.4%
Return on capital employed 17.3% 12.2% 10.9%
Asset turnover 0.7x 0.8x 0.7x
Cash conversion (OCF / net income) 1.3x 1.2x 1.8x
Stock comp / revenue 0.7% 0.3% 1.5%

Financial Health

11 metrics
MetricCWNOCOSIS
Debt / assets 17.5% 27.5% 40.0%
Debt / equity 0.3x 0.8x 1.2x
Net debt / EBITDA 0.6x 1.7x 2.4x
Debt / FCF 1.5x 3.8x 4.4x
Liabilities / assets 49.2% 64.4% 66.7%
Equity / assets 50.8% 35.6% 33.3%
Interest coverage 16.2x 7.1x 8.3x
Current ratio 1.6x 1.2x 3.2x
Quick ratio 1.4x 1.0x 2.2x
Cash ratio 0.3x 0.3x 0.7x
Altman Z-score 6.38 3.08 3.16

Shareholder Returns

7 metrics
MetricCWNOCOSIS
Dividend yield 0.2% 1.7% –
Net buyback yield 2.5% 0.7% 3.7%
Shareholder yield 2.7% 2.4% 3.7%
Payout ratio (earnings) – 30.2% –
Payout ratio (FCF) – 35.6% –
Dividend growth (1Y) – 8.0% –
Dividend CAGR (3Y) – 7.4% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCWNOCOSIS
Forward P/E 33.2xFY2026 17.9xFY2026 17.3xFY2027
EPS, next fiscal year $14.35FY2026 $30.81FY2026 $11.62FY2027
EPS growth, next FY +8.5%FY2026 +17.0%FY2026 +12.3%FY2027
EPS growth, the year after +11.6% +3.7% +7.2%
Revenue, next fiscal year $4.03BFY2026 $42.95BFY2026 $1.85BFY2027
Revenue growth, next FY +15.2%FY2026 +2.4%FY2026 +3.5%FY2027
Revenue growth, the year after -3.9% +3.7% +16.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCWNOCOSIS
Held by institutions 85.6% 83.4% 100.0%
Institutions holding 946 1,809 366
Change in shares held, QoQ +2.8% +0.3% +0.7%
Institutions buying 479 840 191
Institutions selling 313 639 134
Buyers to sellers 1.53 1.31 1.43

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CWNOCOSIS
CW 1.00 0.31 0.31
NOC 0.31 1.00 0.20
OSIS 0.31 0.20 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CW, NOC and OSIS?

Northrop Grumman (NOC) is the largest by market capitalisation: Curtiss Wright (CW) $17.68B, Northrop Grumman (NOC) $78.49B, Osi Systems (OSIS) $3.32B.

Which stock is cheaper, CW, NOC and OSIS?

Northrop Grumman (NOC) trades on the lowest price-to-earnings ratio (Curtiss Wright (CW) 32.7x, Northrop Grumman (NOC) 17.4x, Osi Systems (OSIS) 21.5x). On next year's consensus earnings, Osi Systems (OSIS) is cheapest (Curtiss Wright (CW) 33.2x, Northrop Grumman (NOC) 17.9x, Osi Systems (OSIS) 17.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Curtiss Wright (CW) grew revenue fastest over the trailing twelve months: Curtiss Wright (CW) +10.5%, Northrop Grumman (NOC) +6.5%, Osi Systems (OSIS) +4.3%.

Which company is more profitable?

Curtiss Wright (CW) has the highest net margin (Curtiss Wright (CW) 14.8%, Northrop Grumman (NOC) 10.4%, Osi Systems (OSIS) 8.7%). On return on invested capital, Curtiss Wright (CW) leads (Curtiss Wright (CW) 14.7%, Northrop Grumman (NOC) 12.2%, Osi Systems (OSIS) 9.4%).

Which stock has performed better?

Over the past year Northrop Grumman (NOC) returned the most: Curtiss Wright (CW) -16.8%, Northrop Grumman (NOC) -7.5%, Osi Systems (OSIS) -20.9%. Over five years, Curtiss Wright (CW) compounded fastest (Curtiss Wright (CW) +29.9%/yr, Northrop Grumman (NOC) +9.0%/yr, Osi Systems (OSIS) +16.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Curtiss Wright (CW) 0.00%, Northrop Grumman (NOC) 0.02%, Osi Systems (OSIS) 0.00%. Curtiss Wright (CW) and Osi Systems (OSIS) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Northrop Grumman (NOC) has been the steadiest (Curtiss Wright (CW) 35.9%, Northrop Grumman (NOC) 28.7%, Osi Systems (OSIS) 43.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CW, NOC and OSIS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Curtiss Wright (CW) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.