NOC vs DCO Stock Comparison

Northrop Grumman and Ducommun Prices as of Oct 26, 2026 Peers: Industry group
DCO Ducommun Inc /De/
$163.74 -4.9% 1M +62.6% 1Y
Market cap
$2.49B
P/E
–
Revenue (TTM)
$861.87M
Div. yield
–
Defense Industrials
3 wins

Head to Head

10 decided of 12

Northrop Grumman leads on 7 of the 12 questions below (Northrop Grumman 7, Ducommun 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionNOCDCOLeader
Larger companyMarket capitalisation $78.67B $2.49B NOC
Cheaper on earningsLower P/E, profitable companies only 17.4x -93.3x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 18.4x 36.5x NOC
Faster revenue growthRevenue growth, trailing twelve months +6.5% +8.8% DCO
More profitableNet margin, trailing twelve months 10.4% -3.1% NOC
Better return on capitalReturn on invested capital 12.2% -1.7% NOC
Less leveragedLower net debt / EBITDA 1.7x 11.9x NOC
Higher dividend yieldTrailing dividend yield 0.02% 0.00% –
Better 1-year returnPrice return, last 12 months -6.6% +62.6% DCO
Better 5-year returnAnnualised price return, 5 years +7.8%/yr +28.5%/yr DCO
Less volatileAnnualised volatility, 1 year 28.6% 39.2% NOC
Higher overall scoreMean of the five percentile scores vs peers 57/100 34/100 NOC

Percentile Scorecard

NOCDCO

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

AxisNOCDCO
Valuation 74 #27 of 100 39 #61 of 100
Growth 39 #60 of 97 4 #93 of 97
Profitability 77 #23 of 96 40 #58 of 96
Financial Health 39 #65 of 105 51 #52 of 105
Shareholder Returns 59 #27 of 64 –
Overall 57 34
  • NOC ranked among 107 companies in Aerospace and Defense
  • DCO 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

PeriodNOCDCOSPY
1 month +10.8%-4.9% -0.8%
3 months +3.3%-10.8% +3.5%
6 months -1.7%+15.8% +7.0%
Year to date -0.8%+72.1% +12.2%
1 year -6.6%+62.6% +13.0%
3 years +19.5%+249.8% +86.3%
3 years, per year +6.1%+51.8% +23.1%
5 years +45.7%+249.6% +68.6%
5 years, per year +7.8%+28.5% +11.0%
10 years +147.9%+737.5% +258.0%
10 years, per year +9.5%+23.7% +13.6%

Risk

MeasureNOCDCOSPY
Volatility, 1Y 28.6%39.2% 12.7%
Downside volatility, 1Y 28.3%38.7% 12.7%
Beta vs S&P 500, 1Y 0.001.42 1.00
Return / volatility, 1Y -0.231.60 1.02
Max drawdown, 5Y -38.4%-30.7% -25.4%
From 52-week high -26.4%-20.9% -1.8%
52-week high $768.02$206.98 $779.14
52-week low $473.40$86.41 $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.

MultipleNOCDCO
P/E now vs peer median 17.8xmedian 26.8x -92.9xmedian 26.8x
P/S now vs peer median 1.8xmedian 2.9x 2.9xmedian 2.9x
EV/EBITDA now vs peer median 14.8xmedian 15.2x 136.6xmedian 15.2x
P/FCF now vs peer median 21.0xmedian 25.5x -101.0xmedian 25.5x
P/B now vs peer median 4.3xmedian 2.5x 3.6xmedian 2.5x
PEG now vs peer median 17.45median 0.94 2.13median 0.94

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 monthsNOCDCO
Revenue $43.59B $861.87M
Gross profit $8.73B $235.41M
Operating income $4.63B -$22.00M
Net income $4.52B -$26.69M
Free cash flow $3.83B -$24.47M
EPS (diluted) $31.74 $-1.72
Cash & equivalents $3.74B $39.80M
Total debt $58.43B $276.43M
Shares (diluted) 142.40M 15.56M
Enterprise value $66.12B $2.31B

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
MetricNOCDCO
P/E 17.8x -92.9x
P/FCF 21.0x -101.0x
P/Operating cash flow 15.3x -209.5x
P/S 1.8x 2.9x
P/B 4.3x 3.6x
P/Tangible book 4.3x 4.4x
EV/EBITDA 14.8x 136.6x
EV/EBIT 19.7x -123.1x
EV/Revenue 2.1x 3.1x
EV/FCF 23.8x -110.7x
EV/Operating cash flow 17.3x -229.6x
PEG (3Y EPS CAGR) 17.45 2.13

Growth

14 metrics
MetricNOCDCO
Revenue growth (1Y) 6.5% 8.8%
Revenue CAGR (3Y) 4.1% 5.1%
Gross profit growth (1Y) 9.8% 16.2%
Gross profit CAGR (3Y) 3.4% 15.2%
Operating income growth (1Y) 6.8% -145.5%
Operating income CAGR (3Y) 6.4% -38.2%
Net income growth (1Y) 12.5% -185.9%
Net income CAGR (3Y) -1.1% -45.9%
EPS growth (1Y) 13.3% -184.0%
EPS CAGR (3Y) 1.0% -43.7%
Operating cash flow growth (1Y) 53.2% -121.2%
Operating cash flow CAGR (3Y) 12.5% -39.3%
Free cash flow growth (1Y) 108.8% -160.2%
Free cash flow CAGR (3Y) 22.3% -73.0%

Profitability

14 metrics
MetricNOCDCO
Gross margin 20.0% 27.3%
EBITDA margin 14.1% 2.3%
Operating margin 10.6% -2.6%
Pretax margin 12.0% -4.2%
Net margin 10.4% -3.1%
FCF margin 8.8% -2.8%
Operating cash flow margin 12.1% -1.4%
Return on equity 24.7% -3.9%
Return on assets 8.8% -2.2%
Return on invested capital 12.2% -1.7%
Return on capital employed 12.2% -2.2%
Asset turnover 0.8x 0.7x
Cash conversion (OCF / net income) 1.2x 0.4x
Stock comp / revenue 0.3% 2.4%

Financial Health

11 metrics
MetricNOCDCO
Debt / assets 27.5% 22.6%
Debt / equity 0.8x 0.4x
Net debt / EBITDA 1.7x 11.9x
Debt / FCF 3.8x -11.3x
Liabilities / assets 64.4% 43.6%
Equity / assets 35.6% 56.4%
Interest coverage 7.1x –
Current ratio 1.2x 3.4x
Quick ratio 1.0x 2.3x
Cash ratio 0.3x 0.2x
Altman Z-score 3.12 4.38

Shareholder Returns

7 metrics
MetricNOCDCO
Dividend yield 1.7% –
Net buyback yield 0.7% –
Shareholder yield 2.3% 0.0%
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.

ConsensusNOCDCO
Forward P/E 18.4xFY2026 36.5xFY2026
EPS, next fiscal year $30.81FY2026 $4.49FY2026
EPS growth, next FY +17.0%FY2026 +19.7%FY2026
EPS growth, the year after +3.7% +25.2%
Revenue, next fiscal year $42.95BFY2026 $848.72MFY2026
Revenue growth, next FY +2.4%FY2026 +2.9%FY2026
Revenue growth, the year after +3.7% +18.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNOCDCO
Held by institutions 83.4% 95.8%
Institutions holding 1,809 267
Change in shares held, QoQ +0.3% +6.2%
Institutions buying 840 156
Institutions selling 639 83
Buyers to sellers 1.31 1.88

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.

NOCDCO
NOC 1.00 0.25
DCO 0.25 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, NOC and DCO?

Northrop Grumman (NOC) is the largest by market capitalisation: Northrop Grumman (NOC) $78.67B, Ducommun (DCO) $2.49B.

Which company is growing faster?

Ducommun (DCO) grew revenue fastest over the trailing twelve months: Northrop Grumman (NOC) +6.5%, Ducommun (DCO) +8.8%.

Which company is more profitable?

Northrop Grumman (NOC) has the highest net margin (Northrop Grumman (NOC) 10.4%, Ducommun (DCO) -3.1%). On return on invested capital, Northrop Grumman (NOC) leads (Northrop Grumman (NOC) 12.2%, Ducommun (DCO) -1.7%).

Which stock has performed better?

Over the past year Ducommun (DCO) returned the most: Northrop Grumman (NOC) -6.6%, Ducommun (DCO) +62.6%. Over five years, Ducommun (DCO) compounded fastest (Northrop Grumman (NOC) +7.8%/yr, Ducommun (DCO) +28.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Northrop Grumman (NOC) 0.02%, Ducommun (DCO) 0.00%. Ducommun (DCO) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Northrop Grumman (NOC) has been the steadiest (Northrop Grumman (NOC) 28.6%, Ducommun (DCO) 39.2%). Volatility measures how widely the price swings, not the risk of the business.

Do NOC and DCO move together?

Their daily returns over the past year have a correlation of 0.25, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, NOC and DCO?

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.