Northrop Grumman (NOC) EV to CFO (2009 - 2026)
Northrop Grumman's EV to CFO came in at 12.33 for Q3 2026, down 50.2% from 24.74 a year earlier and down 10.6% from the prior quarter.
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Analysis
Northrop Grumman (NOC) EV to CFO (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Northrop Grumman reported EV to CFO of 10.66, down 52.5% year-over-year; for FY2025, it was 16.10, up 10.9% from FY2024.
- Going back by year, EV to CFO was 14.51 in FY2024 (-16.3%), 17.33 in FY2023 (-37.9%), 27.92 in FY2022 (+74.8%) and 15.97 in FY2021 (+49.8%).
- The Q3 2026 figure represents the lowest quarterly EV to CFO since Q1 2021.
- Year-over-year, EV to CFO has declined for three consecutive quarters, with growth averaging 3.9% over the last eight quarters.
- The fastest year-over-year change in EV to CFO over five years came in Q2 2022 (growth of 174.3%), and the weakest in Q2 2023 (a decline of 54.6%).
- Business Quant data shows NOC's EV to CFO at 13.79 (Q2 2026), 20.32 (Q1 2026) and 16.10 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Space Exploration Technologies | 1,722.87 Bn | 1,722.87 Bn | 9.10 Bn |
| 2 | General Electric | 345.20 Bn | 303.72 Bn | 5.02 Bn |
| 3 | Rtx | 269.97 Bn | 238.24 Bn | 5.81 Bn |
| 4 | Lockheed Martin | 137.94 Bn | 122.17 Bn | 2.44 Bn |
| 5 | Boeing | 136.62 Bn | 45.58 Bn | 2.17 Bn |
| 6 | General Dynamics | 98.71 Bn | 83.95 Bn | 2.25 Bn |
| 7 | Howmet Aerospace | 88.13 Bn | 83.88 Bn | 1.00 Bn |
| 8 | Motorola Solutions | 86.35 Bn | 82.81 Bn | 1.77 Bn |
| 9 | Northrop Grumman | 77.53 Bn | 64.99 Bn | 2.35 Bn |
| 10 | Honeywell International | 72.26 Bn | 31.77 Bn | 2.02 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 12.33 |
| Jun 30, 2026 | 13.79 |
| Mar 31, 2026 | 20.32 |
| Dec 31, 2025 | 16.10 |
| Sep 30, 2025 | 24.74 |
| Jun 30, 2025 | 23.46 |
| Mar 31, 2025 | 20.43 |
| Dec 31, 2024 | 14.51 |
| Sep 30, 2024 | 17.38 |
| Jun 30, 2024 | 13.84 |
| Mar 31, 2024 | 17.52 |
| Dec 31, 2023 | 17.33 |
| Sep 30, 2023 | 17.40 |
| Jun 30, 2023 | 17.25 |
| Mar 31, 2023 | 25.18 |
| Dec 31, 2022 | 27.92 |
| Sep 30, 2022 | 33.85 |
| Jun 30, 2022 | 37.99 |
| Mar 31, 2022 | 21.43 |
| Dec 31, 2021 | 15.97 |
API Access
Northrop Grumman EV to CFO API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=NOC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "NOC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=NOC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();