Northrop Grumman (NOC) Price to Book (2009 - 2026)
Northrop Grumman (NOC) posted Price to Book of 4.05 for Q2 2026, down 28.54% on a QoQ basis from 5.66 in Q1 2026, and down 12.62% year-over-year from 4.63 in Q2 2025.
Analysis
Northrop Grumman (NOC) Price to Book (2009 - 2026) Analysis & Trends
Northrop Grumman has reported Price to Book for 18 years, with the latest figure at 4.05 in Q2 2026.
- On a quarterly basis, Price to Book fell 12.62% year-over-year to 4.05 in Q2 2026; TTM through Jun 2026 was 4.05, a 12.62% decrease from a year earlier, with the FY2025 full-year figure at 4.86, up 9.15% from the prior year.
- Price to Book was 4.05 for Q2 2026 at Northrop Grumman, down from 5.66 in the prior quarter.
- The five-year high for Price to Book was 5.66 in Q1 2026, with the low at 4.05 in Q2 2026.
- Average Price to Book over 5 years is 4.89, with a median of 4.89 recorded in 2025.
- The sharpest annual moves came in 2023 and 2024: Price to Book slipped 19.79% in 2023, then rose 25.22% in 2024.
- Over 5 years, Price to Book stood at 5.46 in 2022, then declined by 12.97% to 4.75 in 2023, then slipped by 6.33% to 4.45 in 2024, then climbed by 9.15% to 4.86 in 2025, then slipped by 16.69% to 4.05 in 2026.
- The last three Price to Book figures came in at 4.05 (Q2 2026), 5.66 (Q1 2026), and 4.86 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Lockheed Martin | 121.20 Bn | 117.41 Bn | 2.45 Bn |
| 2 | General Dynamics | 97.24 Bn | 92.90 Bn | 6.76 Bn |
| 3 | Motorola Solutions | 77.45 Bn | 76.75 Bn | 1.68 Bn |
| 4 | Northrop Grumman | 73.15 Bn | 70.84 Bn | 3.72 Bn |
| 5 | L3Harris Technologies | 47.76 Bn | 47.20 Bn | 1.50 Bn |
| 6 | Elbit Systems | 32.66 Bn | 31.70 Bn | 579.01 Mn |
| 7 | Teledyne Technologies | 28.32 Bn | 27.98 Bn | 738.10 Mn |
| 8 | Curtiss Wright | 20.93 Bn | 20.46 Bn | 364.09 Mn |
| 9 | Leidos Holdings | 16.70 Bn | 16.01 Bn | 817.00 Mn |
| 10 | Caci International | 13.78 Bn | 13.58 Bn | 913.55 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.05 |
| Mar 31, 2026 | 5.66 |
| Dec 31, 2025 | 4.86 |
| Sep 30, 2025 | 5.44 |
| Jun 30, 2025 | 4.63 |
| Mar 31, 2025 | 4.92 |
| Dec 31, 2024 | 4.45 |
| Sep 30, 2024 | 5.22 |
| Jun 30, 2024 | 4.46 |
| Mar 31, 2024 | 4.98 |
| Dec 31, 2023 | 4.75 |
| Sep 30, 2023 | 4.17 |
| Jun 30, 2023 | 4.46 |
| Mar 31, 2023 | 4.64 |
| Dec 31, 2022 | 5.46 |
| Sep 30, 2022 | 5.20 |
| Jun 30, 2022 | 5.43 |
| Mar 31, 2022 | 5.24 |
| Dec 31, 2021 | 4.68 |
| Sep 30, 2021 | 5.01 |