Northrop Grumman Corp /De/
—- Market cap
- —
- Debt
- +$15.70B
- Cash
- −$4.40B
Complete market value, debt and cash evidence is required for enterprise value.
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: NOC stock price vs SPR: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at SPR's multiple
Needs SPR P/E.
Implied fair value · at NOC's multiple
Needs Annual EPS is negative, NOC P/E.
Price unavailable
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Reported gross margin
Operating income + D&A
Lower is better
Not comparable
Lower leverage
Statements
Annual statements in reported currencies, with calculations and source evidence.
Values retain reported currencies and share bases. Select a figure to inspect its period, calculation and filing inputs. Differences require compatible units and periods.
Explore enterprise value and market valuation multiples in the valuation sections.
Trendline
Nine period-end years of reported revenue, earnings, and margins. Periods and currencies are shown with the data.
Price framework
USD market cap plus reported borrowing debt, less cash and equivalents. This EV proxy excludes investments, preferred stock and noncontrolling-interest adjustments.
Complete market value, debt and cash evidence is required for enterprise value.
Complete market value, debt and cash evidence is required for enterprise value.
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
NORTHROP GRUMMAN CORP /DE/ · implied price per share
Bear
$125.92
Base
$162.13
Bull
$209.29
Spirit AeroSystems Holdings, Inc. · implied price per share
Latest annual free cash flow must be positive to qualify the filing-backed baseline.
Balance sheet health
Inspect reported liquidity and leverage alongside historical financial-health checks.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
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NOC vs TDG
Cash excludes investments. EBITDA is an operating-income-plus-D&A proxy. Missing borrowing categories remain unavailable; select a value to inspect its inputs.
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
This explanation uses an earlier data snapshot or evidence version. Review its generation date and the current figures, or refresh after signing in.
If you believe NOC can sustain its 10.0% net margin and 16.4% ROIC without multiple compression, then hold or accumulate selectively because its fundamentals are far stronger than SPR's and its valuation still sits within the upper part of its historical band.
On a relative basis, NOC looks expensive versus SPR on headline multiples, but SPR has no meaningful earnings or EBITDA base to support valuation comparability. NOC's current price of $552.96 sits below the top of its historical band and far above the DCF range, implying the market is pricing in stronger ongoing franchise quality than a conservative cash-flow view.
Supporting Metrics