As of today (2024-04-25), Northrop Grumman's share price is $474.57.
Northrop Grumman's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $13.96. Hence, Northrop Grumman's Price-to-Free-Cash-Flow Ratio for today is 34.00.
The historical rank and industry rank for Northrop Grumman's Price-to-Free-Cash-Flow or its related term are showing as below:
NOC'
s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 7.88 Med: 21.61 Max: 191.21
Current: 34
During the past 13 years, Northrop Grumman's highest Price-to-Free-Cash-Flow Ratio was 191.21. The lowest was 7.88. And the median was 21.61.
NOC's Price-to-Free-Cash-Flow is ranked worse than 61.44% of 153
companies
in the Aerospace & Defense industry
Industry Median: 24
vs NOC: 34.00
During the past 12 months, the average Free Cash Flow per Share Growth Rate of Northrop Grumman was 46.60% per year.
During the past 3 years, the average Free Cash Flow per Share Growth Rate was -7.10% per year.
During the past 5 years, the average Free Cash Flow per Share Growth Rate was -6.90% per year.
During the past 10 years, the average Free Cash Flow per Share Growth Rate was 4.60% per year.
During the past 13 years, Northrop Grumman's highest 3-Year average Free Cash Flow per Share Growth Rate was 93.20% per year. The lowest was -57.70% per year. And the median was 12.10% per year.
Northrop Grumman Price-to-Free-Cash-Flow Historical Data
The historical data trend for Northrop Grumman's Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow
For the Aerospace & Defense subindustry, Northrop Grumman's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Northrop Grumman's Price-to-Free-Cash-Flow distribution charts can be found below:
* The bar in red indicates where Northrop Grumman's Price-to-Free-Cash-Flow falls into.
Northrop Grumman's Share Price of today is $474.57.
Northrop Grumman's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $13.96.
* 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.
It can also be calculated from the numbers for the whole company:
Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.
In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.
Be Aware
In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.
Northrop Grumman Price-to-Free-Cash-Flow Related Terms
Thank you for viewing the detailed overview of Northrop Grumman's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.
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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