Northrop Grumman (NOC) EV to EBITDA (2013 - 2026)
Northrop Grumman's EV to EBITDA came in at 10.56 for Q3 2026, down 27.9% from 14.64 a year earlier and down 7.7% from the prior quarter.
Northrop Grumman (NOC) EV to EBITDA (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Northrop Grumman reported EV to EBITDA of 9.13, down 31.2% year-over-year; for FY2025, it was 12.80, up 15.4% from FY2024.
- Going back by year, EV to EBITDA was 11.09 in FY2024 (-36.0%), 17.33 in FY2023 (+5.8%), 16.38 in FY2022 (+98.2%) and 8.27 in FY2021 (-3.9%).
- The Q3 2026 figure represents the lowest quarterly EV to EBITDA since Q4 2021.
- Year-over-year, EV to EBITDA increased in two of the last eight quarters, with an average decline of 12.4%.
- The fastest year-over-year change in EV to EBITDA over five years came in Q3 2022 (growth of 106.2%), and the weakest in Q4 2024 (a decline of 36.0%).
- Business Quant data shows NOC's EV to EBITDA at 11.44 (Q2 2026), 14.74 (Q1 2026) and 12.80 (Q4 2025) in the three quarters before Q3 2026.
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
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.56 |
| Jun 30, 2026 | 11.44 |
| Mar 31, 2026 | 14.74 |
| Dec 31, 2025 | 12.80 |
| Sep 30, 2025 | 14.64 |
| Jun 30, 2025 | 12.37 |
| Mar 31, 2025 | 13.65 |
| Dec 31, 2024 | 11.09 |
| Sep 30, 2024 | 17.36 |
| Jun 30, 2024 | 14.68 |
| Mar 31, 2024 | 16.96 |
| Dec 31, 2023 | 17.33 |
| Sep 30, 2023 | 12.48 |
| Jun 30, 2023 | 13.14 |
| Mar 31, 2023 | 13.57 |
| Dec 31, 2022 | 16.38 |
| Sep 30, 2022 | 14.98 |
| Jun 30, 2022 | 14.85 |
| Mar 31, 2022 | 13.55 |
| Dec 31, 2021 | 8.27 |
Northrop Grumman EV to EBITDA 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-ebitda&ticker=NOC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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-ebitda&ticker=NOC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();