Northrop Grumman Corp.
NOC
Market Cap$67.85B
Close$
Earnings Call Q4 2023
January 25, 2024 - AI Summary
Northrop Grumman reported strong 2023 results, with revenue increasing by over 7% and exceeding guidance.
The company achieved a record backlog of over $84 billion, providing a solid foundation for future growth.
The B-21 program incurred a charge due to cost pressures from global macroeconomic conditions and higher manufacturing costs. The charge is expected to impact the first five low rate initial production (LRIP) lots, but the company remains confident in its ability to deliver on its forward outlook.
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$414.64
8.4% downside
Current Fair Value
8.4% downsideOvervalued by 8.4% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $67.85 Billion |
|---|---|
| Enterprise Value | $78.53 Billion |
| Dividend Yield | $7.4342 (1.62%) |
| Earnings per Share | $13.53 |
| Beta | 0.31 |
| Outstanding Shares | 148,200,063 |
| Avg 30 Day Volume | 925,795 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 33.0 |
|---|---|
| PEG | -26.25 |
| Price to Sales | 1.71 |
| Price to Book Ratio | 4.57 |
| Enterprise Value to Revenue | 2 |
| Enterprise Value to EBIT | 30.95 |
| Enterprise Value to Net Income | 38 |
| Total Debt to Enterprise | 0.18 |
| Debt to Equity | 0.93 |
Revenue Sources
No data
ESG Score
No data
About Northrop Grumman Corp.
90,000 employees
CEO: Wesley Bush Northrop Grumman solves the toughest problems in space, aeronautics, defense and cyberspace to meet the ever evolving needs of our customers worldwide. Its 90,000 employees define possible every day using science, technology and engineer...