Northrop Grumman (NOC) Price to Book (2009 - 2026)
Northrop Grumman's (NOC) Price to Book stood at 4.05 in Q2 2026, down 12.6% from 4.63 a year earlier and down 28.5% from the prior quarter.
Analysis
Northrop Grumman (NOC) Price to Book (2009 - 2026) Analysis & Trends
For FY2025, Northrop Grumman's Price to Book came in at 4.86, up 9.1% from FY2024.
- Across earlier years, Price to Book came in at 4.45 in FY2024 (-6.3%), 4.75 in FY2023 (-13.0%), 5.46 in FY2022 (+16.6%) and 4.68 in FY2021 (-2.5%).
- The Q2 2026 figure is the lowest quarterly Price to Book since Q3 2014.
- On a year-over-year basis, Price to Book rose in five of the last eight quarters, with growth averaging 4.6%.
- Peak year-over-year performance for Price to Book in the last five years was growth of 25.2% in Q3 2024, against a decline of 19.8% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 5.66 (Q1 2026), 4.86 (Q4 2025) and 5.44 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | General Electric | 324.09 Bn | 278.09 Bn | 4.68 Bn |
| 2 | Rtx | 250.22 Bn | 223.44 Bn | 5.13 Bn |
| 3 | Boeing | 147.08 Bn | 53.78 Bn | 2.41 Bn |
| 4 | Lockheed Martin | 117.51 Bn | 104.24 Bn | 2.45 Bn |
| 5 | Howmet Aerospace | 90.46 Bn | 86.07 Bn | 951.00 Mn |
| 6 | General Dynamics | 89.77 Bn | 76.88 Bn | 2.18 Bn |
| 7 | Motorola Solutions | 73.88 Bn | 70.24 Bn | 1.68 Bn |
| 8 | Northrop Grumman | 68.68 Bn | 57.92 Bn | 2.12 Bn |
| 9 | Honeywell International | 66.86 Bn | 19.30 Bn | 3.65 Bn |
| 10 | TransDigm | 59.83 Bn | 47.91 Bn | 1.63 Bn |
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 |
API Access
Northrop Grumman Price to Book 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=price-to-book&ticker=NOC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "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=price-to-book&ticker=NOC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();