HII vs NOC Stock Comparison

Huntington Ingalls Industries and Northrop Grumman Prices as of Oct 23, 2026 Peers: Industry group

Head to Head

12 decided of 12

Northrop Grumman leads on 7 of the 12 questions below (Northrop Grumman 7, Huntington Ingalls Industries 5). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHIINOCLeader
Larger companyMarket capitalisation $11.09B $80.39B NOC
Cheaper on earningsLower P/E, profitable companies only 16.8x 17.8x HII
Cheaper on forward earningsLower price / next fiscal year consensus EPS 14.3x 18.1x HII
Faster revenue growthRevenue growth, trailing twelve months +14.0% +6.5% HII
More profitableNet margin, trailing twelve months 5.0% 10.4% NOC
Better return on capitalReturn on invested capital 6.9% 12.2% NOC
Less leveragedLower net debt / EBITDA 2.6x 1.7x NOC
Higher dividend yieldTrailing dividend yield 0.02% 0.02% HII
Better 1-year returnPrice return, last 12 months -5.5% -8.9% HII
Better 5-year returnAnnualised price return, 5 years +5.2%/yr +6.3%/yr NOC
Less volatileAnnualised volatility, 1 year 38.5% 28.5% NOC
Higher overall scoreMean of the five percentile scores vs peers 49/100 58/100 NOC

Percentile Scorecard

HIINOC

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

AxisHIINOC
Valuation 74 #27 of 100 73 #28 of 100
Growth 25 #73 of 97 41 #58 of 97
Profitability 62 #37 of 96 76 #24 of 96
Financial Health 31 #73 of 106 42 #62 of 106
Shareholder Returns 53 #31 of 65 61 #26 of 65
Overall 49 58
  • HII ranked among 107 companies in Aerospace and Defense
  • NOC 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

PeriodHIINOCSPY
1 month +1.6%+7.2% -1.0%
3 months -4.7%+1.7% +2.9%
6 months -23.7%-4.1% +6.4%
Year to date -19.4%-3.3% +11.4%
1 year -5.5%-8.9% +13.1%
3 years +27.9%+15.3% +79.4%
3 years, per year +8.5%+4.9% +21.5%
5 years +28.8%+35.8% +67.7%
5 years, per year +5.2%+6.3% +10.9%
10 years +76.0%+155.5% +255.2%
10 years, per year +5.8%+9.8% +13.5%

Risk

MeasureHIINOCSPY
Volatility, 1Y 38.5%28.5% 12.7%
Downside volatility, 1Y 37.7%28.2% 12.7%
Beta vs S&P 500, 1Y 0.72-0.02 1.00
Return / volatility, 1Y -0.14-0.31 1.03
Max drawdown, 5Y -46.1%-38.4% -25.4%
From 52-week high -39.6%-28.2% -2.5%
52-week high $453.73$768.02 $779.14
52-week low $257.01$473.40 $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.

MultipleHIINOC
P/E now vs peer median 16.4xmedian 26.2x 17.3xmedian 26.2x
P/S now vs peer median 0.8xmedian 2.9x 1.8xmedian 2.9x
EV/EBITDA now vs peer median 13.2xmedian 14.7x 14.5xmedian 14.7x
P/FCF now vs peer median -127.0xmedian 24.9x 20.5xmedian 24.9x
P/B now vs peer median 2.0xmedian 2.4x 4.2xmedian 2.4x
PEG now vs peer median 1.90median 0.92 17.02median 0.92

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 monthsHIINOC
Revenue $13.19B $43.59B
Gross profit $5.53B $8.73B
Operating income $698.00M $4.63B
Net income $661.00M $4.52B
Free cash flow -$85.00M $3.83B
EPS (diluted) $16.73 $31.74
Cash & equivalents $12.00M $3.74B
Total debt $10.67B $58.43B
Shares (diluted) 39.50M 142.40M
Enterprise value $9.77B $67.84B

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
MetricHIINOC
P/E 16.4x 17.3x
P/FCF -127.0x 20.5x
P/Operating cash flow 31.1x 14.9x
P/S 0.8x 1.8x
P/B 2.0x 4.2x
P/Tangible book 2.3x 4.2x
EV/EBITDA 13.2x 14.5x
EV/EBIT 19.3x 19.3x
EV/Revenue 1.0x 2.0x
EV/FCF -158.7x 23.3x
EV/Operating cash flow 38.9x 16.9x
PEG (3Y EPS CAGR) 1.90 17.02

Growth

14 metrics
MetricHIINOC
Revenue growth (1Y) 14.0% 6.5%
Revenue CAGR (3Y) 6.6% 4.1%
Gross profit growth (1Y) 8.6% 9.8%
Gross profit CAGR (3Y) 7.5% 3.4%
Operating income growth (1Y) 35.3% 6.8%
Operating income CAGR (3Y) 9.4% 6.4%
Net income growth (1Y) 25.9% 12.5%
Net income CAGR (3Y) 8.3% -1.1%
EPS growth (1Y) 25.6% 13.3%
EPS CAGR (3Y) 8.6% 1.0%
Operating cash flow growth (1Y) -66.4% 53.2%
Operating cash flow CAGR (3Y) -19.1% 12.5%
Free cash flow growth (1Y) -112.7% 108.8%
Free cash flow CAGR (3Y) -30.7% 22.3%

Profitability

14 metrics
MetricHIINOC
Gross margin 41.9% 20.0%
EBITDA margin 7.7% 14.1%
Operating margin 5.3% 10.6%
Pretax margin 6.4% 12.0%
Net margin 5.0% 10.4%
FCF margin -0.6% 8.8%
Operating cash flow margin 2.6% 12.1%
Return on equity 12.6% 24.7%
Return on assets 5.2% 8.8%
Return on invested capital 6.9% 12.2%
Return on capital employed 7.0% 12.2%
Asset turnover 1.0x 0.8x
Cash conversion (OCF / net income) 0.5x 1.2x
Stock comp / revenue 0.4% 0.3%

Financial Health

11 metrics
MetricHIINOC
Debt / assets 21.3% 27.5%
Debt / equity 0.5x 0.8x
Net debt / EBITDA 2.6x 1.7x
Debt / FCF -31.8x 3.8x
Liabilities / assets 58.1% 64.4%
Equity / assets 41.9% 35.6%
Interest coverage 7.1x 7.1x
Current ratio 1.2x 1.2x
Quick ratio 0.2x 1.0x
Cash ratio 0.0x 0.3x
Altman Z-score 2.79 3.08

Shareholder Returns

7 metrics
MetricHIINOC
Dividend yield 2.0% 1.7%
Net buyback yield – 0.7%
Shareholder yield 2.0% 2.4%
Payout ratio (earnings) 32.7% 30.2%
Payout ratio (FCF) -254.1% 35.6%
Dividend growth (1Y) 2.9% 8.0%
Dividend CAGR (3Y) 3.1% 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.

ConsensusHIINOC
Forward P/E 14.3xFY2026 18.1xFY2026
EPS, next fiscal year $19.23FY2026 $30.52FY2026
EPS growth, next FY +25.0%FY2026 +15.9%FY2026
EPS growth, the year after +15.9% +5.9%
Revenue, next fiscal year $13.12BFY2026 $42.94BFY2026
Revenue growth, next FY +5.2%FY2026 +2.4%FY2026
Revenue growth, the year after +1.3% +3.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHIINOC
Held by institutions 88.5% 83.4%
Institutions holding 806 1,809
Change in shares held, QoQ -1.2% +0.3%
Institutions buying 354 840
Institutions selling 301 639
Buyers to sellers 1.18 1.31

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.

HIINOC
HII 1.00 0.52
NOC 0.52 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, HII and NOC?

Northrop Grumman (NOC) is the largest by market capitalisation: Huntington Ingalls Industries (HII) $11.09B, Northrop Grumman (NOC) $80.39B.

Which stock is cheaper, HII and NOC?

Huntington Ingalls Industries (HII) trades on the lowest price-to-earnings ratio (Huntington Ingalls Industries (HII) 16.8x, Northrop Grumman (NOC) 17.8x). On next year's consensus earnings, Huntington Ingalls Industries (HII) is cheapest (Huntington Ingalls Industries (HII) 14.3x, Northrop Grumman (NOC) 18.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Huntington Ingalls Industries (HII) grew revenue fastest over the trailing twelve months: Huntington Ingalls Industries (HII) +14.0%, Northrop Grumman (NOC) +6.5%.

Which company is more profitable?

Northrop Grumman (NOC) has the highest net margin (Huntington Ingalls Industries (HII) 5.0%, Northrop Grumman (NOC) 10.4%). On return on invested capital, Northrop Grumman (NOC) leads (Huntington Ingalls Industries (HII) 6.9%, Northrop Grumman (NOC) 12.2%).

Which stock has performed better?

Over the past year Huntington Ingalls Industries (HII) returned the most: Huntington Ingalls Industries (HII) -5.5%, Northrop Grumman (NOC) -8.9%. Over five years, Northrop Grumman (NOC) compounded fastest (Huntington Ingalls Industries (HII) +5.2%/yr, Northrop Grumman (NOC) +6.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Huntington Ingalls Industries (HII) has the highest dividend yield: Huntington Ingalls Industries (HII) 0.02%, Northrop Grumman (NOC) 0.02%.

Which stock is riskier?

By one-year price volatility, Northrop Grumman (NOC) has been the steadiest (Huntington Ingalls Industries (HII) 38.5%, Northrop Grumman (NOC) 28.5%). Volatility measures how widely the price swings, not the risk of the business.

Do HII and NOC move together?

Their daily returns over the past year have a correlation of 0.52, a moderate positive relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, HII and NOC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Northrop Grumman (NOC) leads on 7. 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.