Why does NOC lag the market?
Up 23% over three years while the S&P 500 rose 80%.
- Revenue grew 4.7% a year from fiscal 2022 to fiscal 2025; its 3 peers' median grew 9.7% a year.
NOC's Quality Score rose 1 point on Tue, Nov 10, to 4. Trading was quieter than usual.
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Up 23% over three years while the S&P 500 rose 80%.
| Holding it back | Below a falling 200-day average |
| Latest filing | 8-K, Oct 20 |
“Defense Stocks in US, Europe Drop After Democrats Sweep Midterms”
NOC closed −4.5% that day.
Wed Nov 11: Baird 56th Annual Global Industrial…Investor conference · date confirmed.
After its last 4 reports it closed -0.5% on average, higher 2 of 4 times.
Below Averagefor quality, not price, 3 of 14 chart checks firingWhat the Quality Score means
NOC is #5 of 8 by Quality Score.
| Rank | Stock | Quality Score |
|---|---|---|
| 1 | ||
| 2 | ||
| 3 | ||
| Open for its score | ||
| Open for its score | ||
| Open for its score | ||
| 5 |
Share count against a year before: NOC -0.7%, ASTS +10%, BA +4.3%, LHX -0.5%.
Expected to report Tue Jan 26, before the open (in 77 days).
What an earnings report is: every 3 months, a company tells everyone how much it sold and earned. We read the figures, the outlook, and how the stock moved after.
Sales of $11.1B, 7% more than a year ago; a profit of $7.89 a share, from $7.67.
“Third quarter 2026 sales increased $699 million, or 7 percent, driven by higher sales at all four sectors, including a 14 percent increase at Aeronautics Systems and a 12 percent increase at Defense Systems.”
| Line | Q3 2026 | Q3 2025 |
|---|---|---|
| Product | $9.1B | $8.4B |
Each quarter's sales and their share of its total. Figures as filed (SEC filing, Oct 20)
No outlook figures read from this release.
Sales grew 2.7% a year over 5 years, fiscal 2020 to 2025.
Pays $9.88 a share a year.
| Reported | Gap | Reaction | 5 days |
|---|---|---|---|
| Oct 20, 2026 | +2.5% | +4.6% | +10.7% |
| Jul 21, 2026 | -6.5% | -2.2% | +4.5% |
| Apr 21, 2026 | -2.6% | -7.0% | -12.4% |
Sales grew in six of the last seven years, to $42B in 2025. It made a profit in each of the eight years.
RSI 57.9, MACD below signal, above its 50-day, below its 200-day. Not scored.
Its dividends come to 37% of its free cash flow.
| Dividend | $9.88 a share a year |
| Paid out | About $1.4B a year |
| Free cash flow | $3.8B |
| Record | Raised every year since 2007 |
9 trades disclosed in the last six months. The newest:
Officers and directors with a Form 4 in the last 12 months.
In ETFs: NOC is 0.4% of SPMO, 0.3% of VIG, and 0.3% of VYM, the most of the 24 funds Breakaway covers, by each fund's latest filing, Jul 31 to Aug 31, 2026.
Northrop Grumman is a diversified defense contractor providing aeronautics, defense, and space systems. The company's aerospace segment produces autonomous and piloted aircraft such as Global Hawk drones and the B-21 bomber, creates the fuselage for the massive F-35 program, and maintains and upgrades numerous other military aircraft. Defense systems makes artillery and missile ammunition and guidance systems, long-range missiles, and missile defense systems. Mission systems creates and integrates a variety of radar, navigation, and communication systems for avionics, weapons control, and countermeasures on a range of platforms from helicopters to destroyers. Space systems produces satellites, sensors, space structures, and rocket motors.
“We compete with many companies in the defense, intelligence and federal civil markets, including The Boeing Company, General Dynamics Corporation, L3Harris Technologies, Inc., Lockheed Martin Corporation, and RTX Corporation, as well as, increasingly, new entrants and startups.”
NOC scores 4 today, which Breakaway calls Below Average. It is #5 of 8 in Search, Detection, Navigation, Guidance, Aeronautical Systems by Quality Score, with 3 of 14 chart checks firing. Up 23% over three years while the S&P 500 rose 80%. Breakaway does not say whether to buy any stock: the score does not know your situation, and it is not a recommendation to buy or sell anything. Please do your own research.
NOC scores 4 today, which Breakaway calls Below Average (0 to 5). That is #5 of 8 in Search, Detection, Navigation, Guidance, Aeronautical Systems by Quality Score. The score adds up the chart checks, the trend, the company's filed sales, its profits, the news, insider trades, and Congress trades. The section above lists the lines behind NOC's 4.
Expected to report Tue Jan 26, before the open, a date Breakaway expects from the company's usual timing; the company has not confirmed it. NOC closed higher after 2 of its last 4 reports. Past behavior, not a forecast.
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Insider and Congress trades, the chart, and the financials, in one score.
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