Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Northrop Grumman's Enterprise Value is $85,787 Mil.
Northrop Grumman's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $3,041 Mil. Therefore, Northrop Grumman's EV-to-EBIT ratio for today is 28.21.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Northrop Grumman's Enterprise Value is $85,787 Mil.
Northrop Grumman's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $4,380 Mil. Therefore, Northrop Grumman's EV-to-EBITDA ratio for today is 19.59.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Northrop Grumman's Enterprise Value is $85,787 Mil.
Northrop Grumman's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $40,122 Mil. Therefore, Northrop Grumman's EV-to-Revenue ratio for today is 2.14.
Northrop Grumman Enterprise Value Historical Data
The historical data trend for Northrop Grumman's Enterprise Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Northrop Grumman's Enterprise Value
For the Aerospace & Defense subindustry, Northrop Grumman's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Northrop Grumman's Enterprise Value Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Northrop Grumman's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Northrop Grumman's Enterprise Value falls into.
Northrop Grumman Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Northrop Grumman's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Northrop Grumman (NYSE:NOC) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Northrop Grumman's current Enterprise Value is $85,787 Mil.
Northrop Grumman's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,041 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Northrop Grumman's current Enterprise Value is $85,787 Mil.
Northrop Grumman's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,380 Mil.
Northrop Grumman's current Enterprise Value is $85,787 Mil.
Northrop Grumman's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $40,122 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Northrop Grumman Enterprise Value Related Terms
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Northrop Grumman (Northrop Grumman) Business Description
Northrop Grumman is a diversified defense contractor providing aeronautics, defense, mission, and space systems. The company's aerospace segment creates the fuselage for the massive F-35 program and produces autonomous and piloted aircraft such as Global Hawk drones and the new B-21 bomber. Defense systems makes artillery and missile ammunition and guidance systems, missile defense systems, and conducts maintenance and upgrades on numerous military aircraft. 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. Finally, space systems produces satellites, sensors, space structures, and manufactures long-range missiles and rocket motors.
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