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Northrop Grumman Corporation

NOC Industrials Industrial Machinery/Components
$552.35
▲ +3.4% Today
as of Oct 22, 16:50 ET
Last 30 days +4.73% Sep 14 → Oct 22
$467.15 $490.03 $512.90 $535.78 $558.66 Sep 14 Sep 22 Sep 29 Oct 07 Oct 14 Oct 22
Open
$544.70
High
$556.56
Low
$542.50
Volume
$1M
Avg Vol
$881,841
Mkt Cap
$67.3B
P/E (TTM)
24.19
Beta
—
52w High
$774.00
52w Low
$470.06
Div Yield
—
Shares Out
$142M

Recent Press Releases & News last 60 days · 25 items

lean bull ▲ 5 ● 20 ▼ 0
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NOC earnings at a glance

The options market is pricing a move of about ±3.4% after the report, a range of roughly $533.80 to $570.90 from today's $552.35. Over its last 6 reports the stock rose the next day 2 times and fell 4, moving ±5.7% on average; after the most recent report on Jul 21, 2026 it moved -2.2%. That means options currently expect less movement than NOC has typically delivered. NOC beat the consensus EPS estimate in 5 of its last 6 reported quarters. Implied volatility is currently 28%. The share price of $552.35 sits in the middle of its 52-week range.

More Industrials stocks · All stocks · Earnings calendar

Overview

52-week range
$470
$774
27% of range
Avg surprise (last 6)
+6.4%
Avg reaction (last 6)
-1.7%
33% positive
Latest IV / EM
28%
EM ±3.4% · $485 · Oct 16

Earnings trends

EPS — actual vs estimate Actual Estimate
$5.34$5.92$6.51$7.09$7.68 Actual $5.50Actual $5.34Actual $6.18Actual $6.32Actual $6.36Actual $7.00Actual $6.06Est $6.21Actual $7.11Est $6.71Actual $7.67Est $6.49Actual $7.23Est $7.00Actual $6.14Est $6.08Actual $7.68Est $6.84 MarJunSepMarJunSepMar/2025Jun/2025Sep/20258K8KJun/2026
Revenue vs Net Income Revenue Net income
$0$2.9B$5.7B$8.6B$11.4B Sep 24Mar 25Jun 25Sep 25Mar 26Jun 26

Earnings history

DatePeriodActual EPSEstSurpriseYoY %ΔDay reactSource
Tue Jul 21, 2026Jun/2026 $7.68 $6.84 +12.3% -3.8% -2.2% earnings
Tue Apr 21, 20268K 2026-04-21 $6.14 $6.08 +1.0% — -7.0% earnings
Tue Jan 27, 20268K 2026-01-27 $7.23 $7.00 +3.3% — +2.7% earnings
Tue Oct 21, 2025Sep/2025 $7.67 $6.49 +18.2% — -0.4% earnings
Tue Jul 22, 2025Jun/2025 $7.11 $6.71 +6.0% — +9.4% earnings
Tue Apr 22, 2025Mar/2025 $6.06 $6.21 -2.4% — -12.7% earnings
Mon Sep 30, 2024Sep 2024 $7.00 — — — — financials
Sun Jun 30, 2024Jun 2024 $6.36 — — — — financials
Sun Mar 31, 2024Mar 2024 $6.32 — — — — financials
Sat Sep 30, 2023Sep 2023 $6.18 — — — — financials
Fri Jun 30, 2023Jun 2023 $5.34 — — — — financials
Fri Mar 31, 2023Mar 2023 $5.50 — — — — financials

Financials

Income statement (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue$10.88B$9.88B—$10.42B$10.35B$9.47B—$10.00B
Cost of revenue————————
Gross profit————————
Operating income$1.10B$989M—$1.24B$1.43B$573M—$1.12B
Net income$1.09B$875M—$1.10B$1.17B$481M—$1.03B
EPS (diluted)$7.68$6.14—$7.67$8.15$3.32—$7.00

Balance sheet (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Cash & equivalents$2.31B$2.09B$4.40B$1.96B$1.90B$1.69B$4.35B$3.33B
Inventory$1.42B$1.45B$1.31B$1.61B$1.55B$1.58B$1.46B$1.65B
Total current assets$15.59B$14.77B$15.29B$14.11B$14.03B$13.27B$14.27B$14.33B
Total assets$50.76B$50.01B$51.38B$49.30B$49.45B$48.47B$49.36B$48.29B
Long-term debt$14.43B$14.41B$15.16B$15.16B$15.16B$14.17B$14.69B$14.69B
Total liabilities$32.88B$32.89B$34.70B$33.31B$33.98B$33.48B$34.07B$33.54B
Total equity$17.88B$17.11B$16.67B$15.99B$15.47B$14.98B$15.29B$14.75B

Implied volatility — last 90 days

21%26%31%36%41% Jun 07 — IV 33% · EM ±4.6%Jun 08 — IV 31% · EM ±4.0%Jun 09 — IV 33% · EM ±4.2%Jun 10 — IV 32% · EM ±3.8%Jun 11 — IV 31% · EM ±3.4%Jun 12 — IV 27% · EM ±2.7%Jun 15 — IV 31% · EM ±2.2%Jun 16 — IV 29% · EM ±1.7%Jun 17 — IV 33% · EM ±1.4%Jun 19 — IV 27% · EM ±6.1%Jun 22 — IV 28% · EM ±5.9%Jun 23 — IV 29% · EM ±5.9%Jun 24 — IV 29% · EM ±5.8%Jun 25 — IV 29% · EM ±5.6%Jun 26 — IV 30% · EM ±5.7%Jun 29 — IV 29% · EM ±5.2%Jun 30 — IV 31% · EM ±5.4%Jul 01 — IV 31% · EM ±5.1%Jul 02 — IV 32% · EM ±5.2%Jul 03 — IV 33% · EM ±5.1%Jul 06 — IV 36% · EM ±4.9%Jul 07 — IV 31% · EM ±4.1%Jul 08 — IV 29% · EM ±3.6%Jul 09 — IV 26% · EM ±3.1%Jul 10 — IV 28% · EM ±3.1%Jul 13 — IV 34% · EM ±2.9%Jul 14 — IV 32% · EM ±2.3%Jul 15 — IV 39% · EM ±2.3%Jul 16 — IV 41% · EM ±1.7%Jul 20 — IV 36% · EM ±8.6%Jul 21 — IV 32% · EM ±7.3%Jul 22 — IV 31% · EM ±7.1%Jul 23 — IV 32% · EM ±7.2%Jul 24 — IV 30% · EM ±6.7%Jul 27 — IV 32% · EM ±6.7%Jul 28 — IV 29% · EM ±5.9%Jul 29 — IV 30% · EM ±5.9%Jul 30 — IV 32% · EM ±6.2%Jul 31 — IV 29% · EM ±5.5%Aug 03 — IV 28% · EM ±5.0%Aug 04 — IV 29% · EM ±5.0%Aug 05 — IV 28% · EM ±4.7%Aug 06 — IV 26% · EM ±4.2%Aug 07 — IV 24% · EM ±3.8%Aug 10 — IV 27% · EM ±3.8%Aug 11 — IV 26% · EM ±3.5%Aug 12 — IV 22% · EM ±2.7%Aug 13 — IV 24% · EM ±2.8%Aug 14 — IV 21% · EM ±2.4%Aug 17 — IV 23% · EM ±1.9%Aug 18 — IV 27% · EM ±2.0%Aug 19 — IV 31% · EM ±1.8%Aug 20 — IV 38% · EM ±1.6%Aug 24 — IV 26% · EM ±5.3%Aug 25 — IV 27% · EM ±5.4%Aug 26 — IV 25% · EM ±4.9%Aug 27 — IV 25% · EM ±4.9%Aug 28 — IV 24% · EM ±4.7%Aug 31 — IV 24% · EM ±4.3%Sep 01 — IV 26% · EM ±4.4%Sep 02 — IV 26% · EM ±4.4%Sep 03 — IV 24% · EM ±3.9%Sep 04 — IV 25% · EM ±3.9%Sep 07 — IV 28% · EM ±3.9%Sep 08 — IV 32% · EM ±4.2%Sep 09 — IV 31% · EM ±3.8%Sep 10 — IV 29% · EM ±3.5%Sep 11 — IV 26% · EM ±2.9%Sep 14 — IV 29% · EM ±2.4%Sep 15 — IV 40% · EM ±2.9%Sep 16 — IV 29% · EM ±1.7%Sep 17 — IV 40% · EM ±1.7%Sep 21 — IV 29% · EM ±6.1%Sep 22 — IV 31% · EM ±6.3%Sep 23 — IV 28% · EM ±5.7%Sep 24 — IV 29% · EM ±5.6%Sep 25 — IV 29% · EM ±5.5%Sep 28 — IV 29% · EM ±5.1%Sep 29 — IV 31% · EM ±5.3%Sep 30 — IV 25% · EM ±4.2%Oct 01 — IV 28% · EM ±4.5%Oct 02 — IV 27% · EM ±4.2%Oct 06 — IV 27% · EM ±3.6%Oct 07 — IV 24% · EM ±3.1%Oct 08 — IV 28% · EM ±3.4%

Sector peers

NOC earnings FAQ

What is NOC's expected move for earnings?

Options currently price a move of about ±3.4%, or $18.55 per share either way from $552.35.

How does NOC stock usually react to earnings?

Across the last 6 reports the average next-day move was ±5.7%, up 2 times and down 4 times.

What is NOC's implied volatility?

NOC's at-the-money implied volatility is about 28% based on the latest options snapshot.

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