As of May 28, 2025, Northrop Grumman Corp (NOC) reports a Forward P/E of 18.15.
Forward P/E gauges the price investors pay for each dollar of anticipated earnings, offering insight into a stock's future valuation.
Comparing Northrop Grumman Corp's Forward P/E to Peers
To better understand Northrop Grumman Corp's position, it's useful to compare its Forward P/E against industry peers. Below are selected comparisons:
| Company | Forward P/E |
|---|---|
| Northrop Grumman Corp (NOC) | 18.15 |
| Axon Enterprise Inc (AXON) | 116.13 |
| Mercury Systems Inc (MRCY) | 110.18 |
| HEICO Corp (HEI) | 73.00 |
| Kratos Defense and Security Solutions Inc (KTOS) | 68.95 |
| AeroVironment Inc (AVAV) | 59.57 |
Compared to its competitors, Northrop Grumman Corp's Forward P/E is about average compared to peers, indicating growth expectations in line with industry peers.