Northrop Grumman Stock Net Income
| NOC Stock | USD 474.57 0.11 0.02% |
Northrop Grumman fundamentals help investors to digest information that contributes to Northrop Grumman's financial success or failures. It also enables traders to predict the movement of Northrop Stock. The fundamental analysis module provides a way to measure Northrop Grumman's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Northrop Grumman stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 2.1 B | 1.5 B | |
| Net Income Applicable To Common Shares | 5.6 B | 5.9 B | |
| Net Income From Continuing Ops | 4.7 B | 3 B | |
| Net Income Per Share | 13.57 | 14.25 | |
| Net Income Per E B T | 0.88 | 0.61 |
Northrop | Net Income |
Northrop Grumman Company Net Income Analysis
Northrop Grumman's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Northrop Grumman Net Income | 2.06 B |
Most of Northrop Grumman's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Northrop Grumman is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Northrop Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Northrop Grumman is extremely important. It helps to project a fair market value of Northrop Stock properly, considering its historical fundamentals such as Net Income. Since Northrop Grumman's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Northrop Grumman's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Northrop Grumman's interrelated accounts and indicators.
Northrop Net Income Historical Pattern
Today, most investors in Northrop Grumman Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Northrop Grumman's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Northrop Grumman net income as a starting point in their analysis.
Northrop Grumman Net Income |
| Timeline |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Northrop Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Northrop Grumman reported net income of 2.06 B. This is much higher than that of the Aerospace & Defense sector and 85.69% higher than that of the Industrials industry. The net income for all United States stocks is significantly lower than that of the firm.
Northrop Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Northrop Grumman's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Northrop Grumman could also be used in its relative valuation, which is a method of valuing Northrop Grumman by comparing valuation metrics of similar companies.Northrop Grumman is currently under evaluation in net income category among related companies.
Northrop Grumman ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Northrop Grumman's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Northrop Grumman's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Northrop Grumman Institutional Holders
Institutional Holdings refers to the ownership stake in Northrop Grumman that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Northrop Grumman's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Northrop Grumman's value.| Shares | Geode Capital Management, Llc | 2023-12-31 | 2.9 M | Sanders Capital, Llc | 2023-12-31 | 2.3 M | Goldman Sachs Group Inc | 2023-12-31 | 2.2 M | Bank Of New York Mellon Corp | 2023-12-31 | 1.7 M | Ameriprise Financial Inc | 2023-12-31 | 1.7 M | T. Rowe Price Associates, Inc. | 2023-12-31 | 1.5 M | Amvescap Plc. | 2023-12-31 | 1.3 M | Northern Trust Corp | 2023-12-31 | 1.3 M | Putnam Investments, Llc., A Franklin Templeton Company | 2023-12-31 | 1.2 M | State Street Corporation | 2023-12-31 | 13.9 M | Vanguard Group Inc | 2023-12-31 | 12.1 M |
Northrop Fundamentals
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0366 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | (0.06) % | ||||
| Current Valuation | 84.14 B | ||||
| Shares Outstanding | 148.14 M | ||||
| Shares Owned By Insiders | 0.24 % | ||||
| Shares Owned By Institutions | 85.10 % | ||||
| Number Of Shares Shorted | 1.81 M | ||||
| Price To Earning | 14.90 X | ||||
| Price To Book | 4.57 X | ||||
| Price To Sales | 1.72 X | ||||
| Revenue | 39.29 B | ||||
| Gross Profit | 7.47 B | ||||
| EBITDA | 2.54 B | ||||
| Net Income | 2.06 B | ||||
| Cash And Equivalents | 2.58 B | ||||
| Cash Per Share | 10.82 X | ||||
| Total Debt | 15.68 B | ||||
| Debt To Equity | 1.04 % | ||||
| Current Ratio | 1.14 X | ||||
| Book Value Per Share | 98.56 X | ||||
| Cash Flow From Operations | 3.88 B | ||||
| Short Ratio | 2.44 X | ||||
| Earnings Per Share | 13.53 X | ||||
| Price To Earnings To Growth | 0.91 X | ||||
| Target Price | 493.09 | ||||
| Number Of Employees | 101 K | ||||
| Beta | 0.34 | ||||
| Market Capitalization | 70.3 B | ||||
| Total Asset | 46.54 B | ||||
| Retained Earnings | 14.77 B | ||||
| Working Capital | 1.76 B | ||||
| Current Asset | 6.86 B | ||||
| Current Liabilities | 5.63 B | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 1.55 % | ||||
| Net Asset | 46.54 B | ||||
| Last Dividend Paid | 7.34 |
About Northrop Grumman Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Northrop Grumman's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Northrop Grumman using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Northrop Grumman based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Northrop Grumman Investors Sentiment
The influence of Northrop Grumman's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Northrop. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Northrop Grumman's public news can be used to forecast risks associated with an investment in Northrop. The trend in average sentiment can be used to explain how an investor holding Northrop can time the market purely based on public headlines and social activities around Northrop Grumman. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Northrop Grumman's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Northrop Grumman's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Northrop Grumman's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Northrop Grumman.
Northrop Grumman Implied Volatility | 86.13 |
Northrop Grumman's implied volatility exposes the market's sentiment of Northrop Grumman stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Northrop Grumman's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Northrop Grumman stock will not fluctuate a lot when Northrop Grumman's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Northrop Grumman in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Northrop Grumman's short interest history, or implied volatility extrapolated from Northrop Grumman options trading.
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Complementary Tools for Northrop Stock analysis
When running Northrop Grumman's price analysis, check to measure Northrop Grumman's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Northrop Grumman is operating at the current time. Most of Northrop Grumman's value examination focuses on studying past and present price action to predict the probability of Northrop Grumman's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northrop Grumman's price. Additionally, you may evaluate how the addition of Northrop Grumman to your portfolios can decrease your overall portfolio volatility.
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Is Northrop Grumman's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northrop Grumman. If investors know Northrop will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northrop Grumman listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.049 | Dividend Share 7.34 | Earnings Share 13.53 | Revenue Per Share 259.34 | Quarterly Revenue Growth 0.06 |
The market value of Northrop Grumman is measured differently than its book value, which is the value of Northrop that is recorded on the company's balance sheet. Investors also form their own opinion of Northrop Grumman's value that differs from its market value or its book value, called intrinsic value, which is Northrop Grumman's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northrop Grumman's market value can be influenced by many factors that don't directly affect Northrop Grumman's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northrop Grumman's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northrop Grumman is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northrop Grumman's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.