Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Northrop Grumman's share price for the quarter that ended in Mar. 2024 was $478.66. Northrop Grumman's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 149 Mil. Therefore, Northrop Grumman's market cap for the quarter that ended in Mar. 2024 was $71,464 Mil.
Northrop Grumman's quarterly market cap
increased
from Sep. 2023 ($66,409 Mil) to Dec. 2023 ($70,272 Mil) and
increased
from Dec. 2023 ($70,272 Mil) to Mar. 2024 ($71,464 Mil).
Northrop Grumman's annual market cap
increased
from Dec. 2021 ($60,493 Mil) to Dec. 2022 ($83,565 Mil) but then
declined
from Dec. 2022 ($83,565 Mil) to Dec. 2023 ($70,272 Mil).
Enterprise Value is 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 and cash equivalents. Northrop Grumman's Enterprise Value for Today is $85,787 Mil.
Northrop Grumman Market Cap Historical Data
The historical data trend for Northrop Grumman's Market Cap 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 Market Cap
For the Aerospace & Defense subindustry, Northrop Grumman's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Northrop Grumman's Market Cap distribution charts can be found below:
* The bar in red indicates where Northrop Grumman's Market Cap falls into.
Northrop Grumman Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Northrop Grumman's Market Cap 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) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Northrop Grumman Market Cap 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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