NOC Northrop Grumman Corp.

XNYS 552.35 Delayed
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Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

NOC $552.35 —
Key stats
$552.35
Pre-market $550.00 -0.43%
52-Week Range
$470.06 – $774.00
YTD
-5.69%
IV Rank (30D)
41.26
Straddle Price
$36.00
P/C Vol Ratio
0.96
Market Cap
$76.6B
Open
$544.70
Day Range
$542.50 – $556.56
Volume
1,062,400
Prev Close
$539.31
Fair Value
MODEL: NEUTRAL

A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.

  • DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
  • Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
  • DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
  • P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
  • Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
  • Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
  • Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
  • Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
10-yr Treasury (rf)5.12%
Beta vs SPY0.53
Cost of Equity (CAPM)7.79% (VRP-adj)
WACC7.49%
Volatility Risk Premium+18.2pp (IV − HV30)
Effective Tax Rate13.7%
Rev. Growth (YoY, DCF input)-5.0%
DCF Horizon5 years explicit + fade
Free Cash Flow (TTM)$3.8B
Return on Equity (TTM)24.2%
Book / Price23.7%
Gross Margin (TTM)20.0%
FCF Margin (TTM)8.8%
Debt / Equity0.77
Quality Score1/6 — cyclical/struggling (5y DCF)
Market-Implied Growth+5.4% (reverse-DCF on current price)
SMA 50$522.85 (Market Anchor value)
SMA 20 / Bollinger Mid$499.01
Bollinger Width / SMA203.6% (drives anchor stability)
Net Debt$10.7B
Market Cap$79B
Peers used for multiples: BA, GD, GE, LHX, LMT, PLTR, RTX, TDY
60-Day Conviction
11%
20-Day Fair Value
≈ by Nov 23, 2026
$556.34
α +0.7% rank 53%
conviction
46%
40-Day Fair Value
≈ by Dec 22, 2026
$563.14
α +2.0% rank 53%
conviction
62%
60-Day Fair Value
≈ by Jan 20, 2027
$550.92
α -0.3% rank 53%
conviction
11%
MethodImplied PriceWeightDetail
DCF $316.39 19%
DDM (Gordon) $70.80 0%
Peer P/E $961.94 9% median 30.3× · 8 peers
Peer EV/EBITDA $765.00 9% median 19.5× · 7 peers
Peer P/B $1196.16 2% median 9.1× · 8 peers
Peer P/S $718.74 6% median 2.3× · 8 peers
Market Anchor (SMA50) $522.85 38% stability 100% (BB-width)
Options Expected (B-L 30d) $549.88 19% 97 strikes · skew -1.22
As of 2026-10-23 · updated
About
Industry (SIC)
SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL SYS (3812) · industry map
Exchange
XNYS
Market Cap
$76.6B
Employees
95,000
List Date
1972-06-01
CIK
0001133421
Headquarters
Falls Church, VA
Homepage
https://www.northropgrumman.com

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 coun…

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
'21'22'23'24'25'26Avg
Jan-2.76%-4.05%-17.08%-4.96%4.12%18.20%-1.09%
Feb-0.22%19.31%4.86%3.32%-5.33%5.75%4.61%
Mar10.28%-1.95%-0.18%5.22%8.15%-11.17%1.72%
Apr9.99%-3.38%-1.69%2.90%-5.18%-16.86%-2.37%
May1.35%6.69%-5.88%-7.32%-0.39%-0.79%-1.06%
Jun-0.60%3.08%3.94%-2.98%3.43%-5.55%0.22%
Jul-1.25%-1.54%-2.87%11.34%14.51%4.48%4.11%
Aug1.62%0.50%-3.36%6.05%0.61%-1.60%0.64%
Sep-1.32%-2.08%1.05%1.03%3.39%-9.28%-1.20%
Oct-1.03%13.03%6.61%-6.41%-3.63%14.60%*3.86%
Nov-1.70%-0.48%1.47%-3.41%-0.55%---0.93%
Dec11.88%2.89%-2.44%-3.19%4.53%--2.73%
Total27.79%33.75%-16.44%-0.20%24.27%-7.54%10.27%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $499.01
SMA 50: $522.85
SMA 200: $592.82
Current: $552.35
EMA 12: $515.36
EMA 26: $511.03
MACD: 4.3362 | Signal: 8.9579
BEARISH
ADX (14): 34.08
TREND
+DI: 36.99
−DI: 12.15

Momentum Oscillators

RSI (14): 68.25
NEUTRAL
Stoch %K: 86.61
Stoch %D: 84.78
Williams %R: -4.94

Volume & Volatility

BB Upper: $543.59
BB Lower: $454.42
OVERBOUGHT
OBV: 6,189,106
Vol SMA 20: 1,112,347
Vol ROC: -2.81%
ATR: $14.07
True Range: $17.25
HV 20: 33.6%
HV 30: 30.2%
HV 60: 27.2%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-24T00:00:00 – 2026-10-22T00:00:00
AI Analysis

LLM Stock Analysis Report

Executive Summary Overall assessment: NEUTRAL with confidence level (6/10) Key drivers: Technical strength, positive news sentiment, and moderate volatility Primary risks: Potential for a pullback if earnings disappoint or technical indicators weaken Investment thesis: NOC's technical momentum is intact, but caution is advised due to recent news headlines that may impact the stock's price movement. Recent news sentiment impact: Positive news headlines have supported the stock, but neutral and negative sentiment has also emerged.

Technical Analysis Trend direction: Short-term (1-4 weeks): Bullish Medium-term (1-3 months): Bullish Long-term (3-12 months): Consolidation

Support/Resistance Levels:

  • Lower band: $507.51
  • Middle line: $548.88
  • Upper band: $590.25

Momentum Signals:

  • RSI interpretation: Neutral (69.40)
  • MACD signal: Bullish (bullish crossover)
  • Bollinger Bands position: Squeeze (neutral)

Volume Analysis:

  • Volume SMA 20: 791776.40
  • On-Balance Volume (OBV): 10706289.75
  • Volume Rate of Change: -62.20%

News & Sentiment Analysis Recent headlines summary: Positive news on in-orbit servicing and the drone market, mixed sentiment from neutral articles. Sentiment assessment: Neutral (4/6) Catalyst identification: Earnings release, potential product launches, and regulatory changes.

Market narrative: The stock has been supported by positive news headlines, but there is a risk of a pullback if earnings disappoint or technical indicators weaken.

Risk & Volatility Assessment Beta interpretation: Low-risk investment (beta 0.07 vs SPY) Volatility regime: Low volatility - stock moves less than market Options market signals:

  • IV Rank: Medium (26.0%)
  • Current IV: 44.7%
  • Expected Move: $34.75 (35 DTE), 7-DTE: $13.80

Market Context & Positioning Sector performance: Aerospace and defense sector has been performing well Institutional activity: Moderate institutional interest, with a put/call volume ratio of 2.32 Correlation analysis: NOC is less correlated to the market (R-squared interpretation) Relative valuation: The stock is relatively valued within its trading range

Key Levels & Action Items Critical price levels:

  • Support: $507.51
  • Resistance: $590.25

Breakout/breakdown levels:

  • Breakout level: $615.15 (1.5 times the SMA 200)
  • Breakdown level: $535.85 (1.2 times the SMA 50)

Time-sensitive catalysts:

  • Earnings release (no specific date available)
  • Potential product launches and regulatory changes

Risk management:

  • Stop-loss levels: Set stop-losses at $550.00 or below to manage risk
  • Position sizing considerations: Consider reducing position size if earnings miss or technical indicators weaken
Generated
News
All NOC news →
Showing 1–10 of 29
Page 1 of 3
Earnings History
15 of 24 under expected move
Avg Expected Move
4.50%
Avg Actual Move
3.79%
Each row pairs the pre-earnings straddle-implied expected move with the realized close-to-close move. Sorted oldest first.
Earnings Date Timing Expected Move Actual Move Ratio Outcome
2021-01-28 Pre-Market 3.71% 0.27% 0.07x Within
2021-04-29 Pre-Market 2.13% 4.09% 1.92x Exceeded
2021-07-29 Pre-Market 2.56% 1.54% 0.60x Within
2021-10-28 Pre-Market 2.83% 7.60% 2.69x Exceeded
2022-01-27 Pre-Market 5.08% 7.25% 1.43x Exceeded
2022-04-28 Pre-Market 3.75% 1.23% 0.33x Within
2022-07-28 Pre-Market 3.27% 1.94% 0.59x Within
2022-10-27 Pre-Market 3.36% 0.85% 0.25x Within
2023-01-26 Pre-Market 3.03% 4.28% 1.41x Exceeded
2023-04-27 Pre-Market 2.85% 1.91% 0.67x Within
2023-07-27 Pre-Market 3.26% 2.59% 0.79x Within
2023-10-26 Pre-Market 2.78% 1.13% 0.41x Within
2024-01-25 Pre-Market 3.04% 6.33% 2.08x Exceeded
2024-04-25 Pre-Market 3.31% 2.84% 0.86x Within
2024-07-25 Pre-Market 3.74% 6.43% 1.72x Exceeded
2024-10-24 Pre-Market 3.44% 1.41% 0.41x Within
2025-01-30 Pre-Market 5.34% 0.38% 0.07x Within
2025-04-22 Pre-Market 7.34% 12.66% 1.72x Exceeded
2025-07-22 Pre-Market 6.24% 9.41% 1.51x Exceeded
2025-10-21 Pre-Market 6.92% 0.44% 0.06x Within
2026-01-27 Pre-Market 6.31% 2.69% 0.43x Within
2026-04-21 Pre-Market 6.97% 6.98% 1.00x Exceeded
2026-07-21 Pre-Market 8.61% 2.23% 0.26x Within
2026-10-20 Pre-Market 8.04% 4.57% 0.57x Within

Earnings calendar: this week’s reports with expected vs actual moves →

NOC Options Activity & IV Rank

NOC IV rank history, 52-week IV rank and IV percentile →

Volatility Metrics

Current IV: 29.2%
7-DTE IV: —
Expected Move: $36.00
7-DTE Move: $36.00
Days to Exp: 29 (2026-11-20)

Options Flow

Call Volume: 1,077
Put Volume: 1,032
P/C Volume: 0.958
NEUTRAL
Call OI: 3,991
Put OI: 4,043
P/C OI: 1.013
Total OI: 8,034

ATM Options Pricing

ATM Call: $21.30
ATM Put: $14.70
Call %: 3.9%
Put %: 2.7%

Chain Summary

Chain Volume: 6,523
Chain OI: 31,509
Last Updated: 10/22/2026
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Dealer Positioning
TYPICAL γ

Estimated net dealer gamma is at the 49th percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.

Gamma percentile
49%
vs own history
GEX tilt
+0.15
OI-weighted, today
Vanna tilt
+0.46
δ-sensitivity to IV
Charm tilt
-0.46
δ-decay vs time
Vanna tilt +0.46: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.46: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.

Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.

Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.

Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.

This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.

· 142 ATM contracts, 12k total OI
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
as of Oct 22 · No data
30 DTE / 10d 10%
+0.4 pts EXTREME
as of Oct 22 · ATM 28.9% / Wing 29.3%

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)41.3MediumOct 22
Straddle Price (30 DTE)$36.00Oct 22
Beta Analysis

Risk Metrics

Beta: -0.0270
Alpha: -3.32%
Correlation: -0.0121
R-Squared: 0.0%
Stock Volatility: 28.4%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Negative beta - stock moves opposite to market
Beta & Alpha Over Time
Notable investors who own NOC
6 of 37 tracked investors
InvestorValueShare of their portfolioRankQ/Q sharesSource
Citadel Hedge fund
Ken Griffin
$289.1M
0.17%
#106 of 6285+665.8%13F
Millennium Management Hedge fund
Izzy Englander
$154.0M
0.10%
#202 of 3716+64.8%13F
Renaissance Technologies Hedge fund
Jim Simons
$103.6M
0.14%
#148 of 3138+1933.8%13F
Rockefeller Capital Management Family office
Rockefeller family
$24.8M
0.04%
#418 of 4729+6.3%13F
Soros Fund Management Family office
George Soros, Robert Soros, Jonathan Soros
$4.9M
0.06%
#165 of 2510.0%13F
Bridgewater Associates Hedge fund
Ray Dalio
$1.6M
0.01%
#767 of 997-73.1%13F

Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions

NOC Institutional Ownership (13F)

Latest filings — 2026-09-30
Diluted shares outstanding: 142,525,000 (as of 2026-09-30)

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

1,890 filers132,800,388 shares$68.71B value93.18% of float
# Filer Shares Value % of Total % of Float Period
1 Vanguard Group Inc Custodian 13,740,721 $7.84B 11.40% 9.64% 2025-12-31
2 State Street Corp 13,169,195 $6.71B 9.76% 9.24% 2026-06-30
3 BlackRock, Inc. Custodian 11,783,817 $6.00B 8.73% 8.27% 2026-06-30
4 Vanguard Capital Management LLC 8,997,139 $4.58B 6.67% 6.31% 2026-06-30
5 Capital International Investors 5,852,674 $2.98B 4.33% 4.11% 2026-06-30
6 Capital World Investors 5,062,384 $2.58B 3.75% 3.55% 2026-06-30
7 Wellington Management Group LLP Custodian 4,932,780 $2.51B 3.66% 3.46% 2026-06-30
8 Vanguard Portfolio Management LLC 3,595,011 $1.83B 2.66% 2.52% 2026-06-30
9 Morgan Stanley Custodian 3,562,274 $1.81B 2.64% 2.50% 2026-06-30
10 Franklin Resources, Inc. Custodian 3,374,876 $1.72B 2.50% 2.37% 2026-06-30
11 Geode Capital Management, LLC Custodian 3,261,247 $1.66B 2.41% 2.29% 2026-06-30
12 Bank of America Corp Custodian 2,548,822 $1.30B 1.89% 1.79% 2026-06-30
13 Invesco Ltd. Custodian 1,851,055 $942.76M 1.37% 1.30% 2026-06-30
14 Sanders Capital, LLC 1,828,249 $931.15M 1.36% 1.28% 2026-06-30
15 T. Rowe Price Associates, Inc. 1,811,250 $922.49M 1.34% 1.27% 2026-06-30
16 JPMorgan Chase & Co Custodian 1,400,270 $694.56M 1.01% 0.98% 2026-06-30
17 FMR LLC Custodian 1,303,808 $664.04M 0.97% 0.91% 2026-06-30
18 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 1,180,299 $601.14M 0.87% 0.83% 2026-06-30
19 T. Rowe Price Investment Management, Inc. 1,159,733 $590.66M 0.86% 0.81% 2026-06-30
20 Massachusetts Financial Services Co 1,121,257 $572.22M 0.83% 0.79% 2026-06-30
21 Northern Trust Corp Custodian 1,113,765 $567.25M 0.83% 0.78% 2026-06-30
22 Goldman Sachs Group Inc Custodian 1,065,110 $542.47M 0.79% 0.75% 2026-06-30
23 Ameriprise Financial, Inc. Custodian 1,042,987 $531.37M 0.77% 0.73% 2026-06-30
24 Dimensional Fund Advisors LP Custodian 1,017,590 $518.20M 0.75% 0.71% 2026-06-30
25 Charles Schwab Investment Management, Inc. 881,615 $449.02M 0.65% 0.62% 2026-06-30
36 filers$403.59M notional
# Filer Notional Value % of Total Period
1 Susquehanna International Group, LLP Custodian $106.04M 26.27% 2026-06-30
2 Jane Street Group, LLC Custodian $65.75M 16.29% 2026-06-30
3 Citadel Advisors LLC Custodian $60.71M 15.04% 2026-06-30
4 IMC-Chicago, LLC Custodian $53.68M 13.30% 2026-06-30
5 Wolverine Trading, LLC Custodian $41.28M 10.23% 2025-09-30
6 Jain Global LLC $12.73M 3.15% 2026-06-30
7 Squarepoint Ops LLC $11.92M 2.95% 2026-06-30
8 Cubist Systematic Strategies, LLC $7.56M 1.87% 2025-09-30
9 Millennium Management LLC Custodian $6.82M 1.69% 2026-06-30
10 Delta Accumulation, LLC $5.25M 1.30% 2026-06-30
11 UBS Group AG Custodian $3.97M 0.98% 2026-06-30
12 HSBC Holdings plc Custodian $3.89M 0.96% 2026-06-30
13 Allianz Asset Management GmbH $3.51M 0.87% 2026-06-30
14 Qube Research & Technologies Ltd $3.36M 0.83% 2026-06-30
15 JPMorgan Chase & Co Custodian $2.63M 0.65% 2026-06-30
16 Alphadyne Asset Management LP $1.88M 0.47% 2026-06-30
17 TUDOR INVESTMENT CORP ET AL $1.63M 0.40% 2026-06-30
18 CAPSTONE INVESTMENT ADVISORS, LLC $1.53M 0.38% 2026-06-30
19 Simplex Trading, LLC Custodian $1.38M 0.34% 2026-06-30
20 Tidal Investments LLC $1.38M 0.34% 2026-06-30
21 Point72 Asset Management, L.P. $1.22M 0.30% 2026-06-30
22 GROUP ONE TRADING LLC Custodian $1.02M 0.25% 2026-06-30
23 Two Sigma Investments, LP Custodian $865.83K 0.21% 2026-06-30
24 Walleye Capital LLC $763.97K 0.19% 2026-06-30
25 READYSTATE ASSET MANAGEMENT LP $560.24K 0.14% 2026-06-30
34 filers$468.65M notional
# Filer Notional Value % of Total Period
1 Susquehanna International Group, LLP Custodian $179.94M 38.40% 2026-06-30
2 Citadel Advisors LLC Custodian $77.06M 16.44% 2026-06-30
3 Jane Street Group, LLC Custodian $71.71M 15.30% 2026-06-30
4 IMC-Chicago, LLC Custodian $44.16M 9.42% 2026-06-30
5 Wolverine Trading, LLC Custodian $21.86M 4.66% 2025-09-30
6 Jain Global LLC $12.73M 2.72% 2026-06-30
7 Squarepoint Ops LLC $12.58M 2.68% 2026-06-30
8 Cubist Systematic Strategies, LLC $7.13M 1.52% 2025-09-30
9 Delta Accumulation, LLC $5.25M 1.12% 2026-06-30
10 Simplex Trading, LLC Custodian $4.58M 0.98% 2026-06-30
11 Millennium Management LLC Custodian $4.48M 0.96% 2026-06-30
12 UBS Group AG Custodian $3.97M 0.85% 2026-06-30
13 Allianz Asset Management GmbH $2.60M 0.55% 2026-06-30
14 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC $2.23M 0.48% 2026-09-30
15 CAPSTONE INVESTMENT ADVISORS, LLC $1.94M 0.41% 2026-06-30
16 Eisler Capital Management Ltd. $1.89M 0.40% 2025-09-30
17 JPMorgan Chase & Co Custodian $1.79M 0.38% 2026-06-30
18 Qube Research & Technologies Ltd $1.68M 0.36% 2026-06-30
19 GROUP ONE TRADING LLC Custodian $1.53M 0.33% 2026-06-30
20 Wells Fargo & Company Custodian $1.48M 0.32% 2026-06-30
21 Point72 Asset Management, L.P. $1.12M 0.24% 2026-06-30
22 PEAK6 LLC $1.12M 0.24% 2026-06-30
23 SIG BROKERAGE, LP $1.02M 0.22% 2026-06-30
24 D. E. Shaw & Co., Inc. Custodian $1.02M 0.22% 2026-06-30
25 Two Sigma Investments, LP Custodian $814.90K 0.17% 2026-06-30

NOC Insider Trading (Form 4)

Latest: 2026-10-01
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2026-10-01 Marianne Catherine Brown Director Award (A) +96 $483.48 $46.4K EDGAR
2026-10-01 Arvind Krishna Director Award (A) +75 $483.48 $36.3K EDGAR
2026-08-21 Kathy J Warden Chair, CEO and President Grant (A) +35,910 RSU — EDGAR
2026-08-04 Mark A Welsh III Director Sell (S) −95 $547.53 -$52.0K EDGAR
2026-07-01 Marianne Catherine Brown Director Award (A) +91 $509.31 $46.3K EDGAR
2026-07-01 Arvind Krishna Director Award (A) +71 $509.31 $36.2K EDGAR
2026-05-21 David P Abney Director Award (A) +349 $552.17 $192.7K EDGAR
2026-05-21 Marianne Catherine Brown Director Award (A) +349 $552.17 $192.7K EDGAR
2026-05-21 Christopher W. Grady Director Award (A) +349 $552.17 $192.7K EDGAR
2026-05-21 Arvind Krishna Director Award (A) +349 $552.17 $192.7K EDGAR
2026-05-21 Kimberly A. Ross Director Award (A) +349 $552.17 $192.7K EDGAR
2026-05-21 Gary Roughead Director Award (A) +349 $552.17 $192.7K EDGAR
2026-05-21 Thomas M Schoewe Director Award (A) +349 $552.17 $192.7K EDGAR
2026-05-21 James S Turley Director Award (A) +349 $552.17 $192.7K EDGAR
2026-05-21 Mark A Welsh III Director Award (A) +349 $552.17 $192.7K EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.

NOC Insider Holdings

21 insiders · @ $552.35
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 Kathy J Warden Chair, CEO and President 201,604 $111.36M -$40.77M 42 2026-08-21
2 Madeleine Kleiner Director 21,002 $11.60M -$306.0K 40 2025-05-22
3 Thomas M Schoewe Director 16,990 $9.38M $199.5K 30 2026-05-21
4 Gary Roughead Director 12,210 $6.74M $0 26 2026-05-21
5 Marianne Catherine Brown Director 11,706 $6.47M $0 34 2026-10-01
6 Thomas H Jones CVP & Pres Aeronautics Systems 11,204 $6.19M -$4.47M 24 2026-02-19
7 James S Turley Director 6,738 $3.72M $0 15 2026-05-21
8 Ann M Fudge Director 5,792 $3.20M $4.9K 15 2025-05-22
9 Mark A Welsh III Director 4,393 $2.43M -$422.7K 27 2026-08-04
10 Arvind Krishna Director 2,837 $1.57M $0 19 2026-10-01
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.

NOC Board & Officers

As of SEC filings through Oct 20, 2026

Directors 13

Officers 8

Changes in the last 10 years (52)
Feb 12, 2026Christopher W. Grady became a director
Feb 11, 2026The company announced the departure of Madeleine Kleiner from the board in an SEC filing
Jan 7, 2026John Greene became CVP & Chief Financial Officer
Nov 3, 2025The company announced the departure of Kenneth B. Crews as CVP & Chief Financial Officer in an SEC filing
Feb 20, 2025Roshan S Roeder listed as CVP & Pres. Mission Systems (previously CVP & Pres. Defense Systems) in SEC filings
Feb 17, 2025The company announced the departure of Graham Robinson from the board in an SEC filing
Oct 1, 2024Kenneth B. Crews became CVP & Chief Financial Officer
Jul 1, 2024Benjamin R. Davies became CVP & Pres. Defense Systems
May 14, 2024The company announced the departure of David F Keffer as CVP & Chief Financial Officer in an SEC filing
Oct 30, 2023Kathryn G Simpson became Corp VP & General Counsel
Oct 9, 2023Robert J. Fleming became CVP and Pres. Space Systems
Mar 15, 2023Mary A Winston became a director
Mar 15, 2023Kimberly A. Ross became a director
Feb 21, 2023Mary D Petryszyn reported in an SEC filing no longer being Corporate Vice President
Feb 15, 2023Mary D Petryszyn listed as Corporate Vice President (previously CVP, Pres, Defense Systems) in SEC filings
Feb 6, 2023Stephen F. O'Bryan became CVP Global Bus Dev Officer
Nov 16, 2022Arvind Krishna became a director
Oct 17, 2022Roshan S Roeder became CVP & Pres. Defense Systems
Feb 17, 2022Shawn N Purvis reported in an SEC filing no longer being CVP, Pres, Enterprise Svcs
Feb 16, 2022Matthew Fox Bromberg became CVP, Global Operations
Not reported recently (26)
  • Mark A Caylor · Last reported as CVP & Pres, Mission Systems in an SEC filing dated Feb 23, 2024
  • Matthew Fox Bromberg · Last reported as CVP, Global Operations in an SEC filing dated May 8, 2023
  • Karl J Krapek · Last reported as a director in an SEC filing dated Apr 4, 2023
  • Stephen F. O'Bryan · Last reported as CVP Global Bus Dev Officer in an SEC filing dated Mar 15, 2023
  • David T Perry · Last reported as CVP Chief Global Bus Off in an SEC filing dated Mar 8, 2023
  • Lucy C Ryan · Last reported as Corp VP, Communications in an SEC filing dated Mar 6, 2023
  • Sheila C. Cheston · Last reported as Corp. VP & General Counsel in an SEC filing dated Feb 23, 2023
  • Lesley A Kalan · Last reported as CVP, Chief Strategy & Dev Ofc in an SEC filing dated Feb 21, 2023
  • Ann M Addison · Last reported as Corp VP & Chief HR Officer in an SEC filing dated Feb 21, 2023
  • Thomas L Wilson Jr · Last reported as CVP and Pres. Space Systems in an SEC filing dated Feb 21, 2023
  • Donald E Felsinger · Last reported as a director in an SEC filing dated May 19, 2022
  • William H Hernandez · Last reported as a director in an SEC filing dated May 19, 2022
  • Blake E Larson · Last reported as CVP & Pres, Space Systems in an SEC filing dated Jan 4, 2022
  • Janis G Pamiljans · Last reported as Corporate Vice President in an SEC filing dated Feb 24, 2021
  • Bruce S Gordon · Last reported as a director in an SEC filing dated May 22, 2020
  • Kenneth L Bedingfield · Last reported as Corp VP, CFO in an SEC filing dated Feb 14, 2020
  • Christopher T Jones · Last reported as Corp VP & Pres Tech Svcs in an SEC filing dated Aug 21, 2019
  • Wesley G Bush · Last reported as a director in an SEC filing dated May 28, 2019
  • Patrick M. Antkowiak · Last reported as CVP & Chief S&T Ofcr in an SEC filing dated May 22, 2019
  • Denise M. Peppard · Last reported as Corp Vice President in an SEC filing dated Mar 5, 2019
  • Lisa R Davis · Last reported as Corp VP, Communications in an SEC filing dated Feb 22, 2018
  • Gloria A Flach · Last reported as CVP & Chief Operating Officer in an SEC filing dated Nov 15, 2017
  • Sid Ashworth · Last reported as Corp VP, Government Relations in an SEC filing dated Oct 31, 2017
  • Vic Fazio · Last reported as a director in an SEC filing dated May 19, 2017
  • Thomas E Vice · Last reported as Corp VP in an SEC filing dated May 12, 2017
  • Richard B Myers · Last reported as a director in an SEC filing dated Jan 4, 2017
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.

NOC Proposed Insider Sales (Form 144)

Latest: 2026-07-24
Last 30d: 0 filings  ·  Last 90d: 1 filing · $1.1M notice value · 1 unique filer

What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.

How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.

10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.

"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.

Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.

Top 90-day filers: Ann Fudge (1, $1.1M)
Filed Filer Role Shares Notice Value Planned Sale Broker Plan Link
2026-07-24 Ann Fudge Retired Board Member 2,093 $1.10M 2026-07-22 Merrill Lynch — EDGAR
2026-05-04 Mark A. Welsh III Director 190 $107.9K 2026-05-04 J.P. Morgan Securities LLC 10b5-1 EDGAR
2026-03-02 Simpson Kathryn G Officer 873 $650.4K 2026-03-02 Fidelity Brokerage Services LLC 10b5-1 EDGAR
2026-02-27 ROEDER ROSHAN S Officer 1,754 $1.26M 2026-02-27 Fidelity Brokerage Services LLC 10b5-1 EDGAR
2026-02-19 Hardesty Michael A Officer 147 $107.7K 2026-02-19 Fidelity Brokerage Services LLC — EDGAR
2026-02-19 ROEDER ROSHAN S Officer 512 $372.5K 2026-02-19 Fidelity Brokerage Services LLC 10b5-1 EDGAR
2026-02-19 Simpson Kathryn G Officer 194 $141.2K 2026-02-19 Fidelity Brokerage Services LLC 10b5-1 EDGAR
2026-02-18 Davies Benjamin R. Officer 2,190 $1.58M 2026-02-18 Fidelity Brokerage Services LLC — EDGAR
2026-02-17 ROEDER ROSHAN S Officer 320 $223.4K 2026-02-17 Fidelity Brokerage Services LLC 10b5-1 EDGAR
2026-02-17 Hardesty Michael A Officer 716 $501.6K 2026-02-17 Fidelity Brokerage Services LLC — EDGAR
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
Recent SEC Filings
Latest: 2026-05-21
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
Filing Date Accession Link
2026-05-21 0001628280-26-037375 EDGAR
2026-04-21 0001133421-26-000015 EDGAR
2026-02-13 0001628280-26-008140 EDGAR
2026-01-27 0001133421-26-000002 EDGAR
2025-11-06 0001628280-25-050297 EDGAR
2025-10-21 0001133421-25-000052 EDGAR
2025-09-02 0001193125-25-193991 EDGAR
2025-07-22 0001133421-25-000047 EDGAR
2025-05-29 0001193125-25-130630 EDGAR
2025-05-28 0001193125-25-127961 EDGAR
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
Filing Date Accession Link
2026-01-27 0001133421-26-000003 EDGAR
2025-01-30 0001133421-25-000006 EDGAR
2024-01-25 0001133421-24-000006 EDGAR
2023-01-26 0001133421-23-000006 EDGAR
2022-01-27 0001133421-22-000004 EDGAR
2021-01-28 0001133421-21-000006 EDGAR
2020-01-30 0001133421-20-000006 EDGAR
2019-01-31 0001133421-19-000007 EDGAR
2018-01-29 0001133421-18-000005 EDGAR
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
Filing Date Accession Link
2026-04-21 0001133421-26-000016 EDGAR
2025-10-21 0001133421-25-000053 EDGAR
2025-07-22 0001133421-25-000049 EDGAR
2025-04-22 0001133421-25-000023 EDGAR
2024-10-24 0001133421-24-000064 EDGAR
2024-07-25 0001133421-24-000052 EDGAR
2024-04-25 0001133421-24-000026 EDGAR
2023-10-26 0001133421-23-000053 EDGAR
2023-07-27 0001133421-23-000045 EDGAR
2023-04-27 0001133421-23-000027 EDGAR
ETF Holders
346 ETFs hold NOC
25 shown · $11.02B total exposure · 0.20% AUM-weighted avg weight
# ETF Provider Weight $ Exposure ETF AUM As Of
1 VTI Vanguard Morningstar Total Stock Market ETF Vanguard 0.09% $2.2B — 2026-09-30
2 VOO Vanguard S&P 500 ETF Vanguard 0.10% $1.7B — 2026-09-30
3 IVV iShares Core S&P 500 ETF iShares (BlackRock) 0.11% $956.0M $878.4B 2026-10-21
4 SPY State Street® SPDR® S&P 500® ETF Trust SPDR (State Street) 0.11% $885.8M $820.7B 2026-10-21
5 VTV Vanguard Morningstar Value ETF Vanguard 0.26% $654.1M — 2026-09-30
6 ITA iShares U.S. Aerospace & Defense ETF iShares (BlackRock) 4.99% $597.3M $11.9B 2026-10-21
7 SHLD Global X Defense Tech ETF Global X 8.34% $537.9M — 2026-10-22
8 XLI State Street® Industrial Select Sector SPDR® ETF SPDR (State Street) 1.35% $414.3M $30.8B 2026-10-21
9 PPA Invesco Aerospace & Defense ETF Invesco 5.22% $385.3M — 2026-10-21
10 VIG Vanguard Dividend Appreciation ETF Vanguard 0.29% $365.3M — 2026-09-30
11 VYM Vanguard High Dividend Yield ETF Vanguard 0.27% $262.7M — 2026-09-30
12 RSP Invesco S&P 500 Equal Weight ETF Invesco 0.21% $205.4M — 2026-10-21
13 SPYM State Street® SPDR® Portfolio S&P 500® ETF SPDR (State Street) 0.11% $198.7M $184.5B 2026-10-21
14 SDY State Street® SPDR® S&P® Dividend ETF SPDR (State Street) 0.85% $185.1M $21.7B 2026-10-21
15 HACK Amplify Cybersecurity ETF Amplify 4.79% $166.8M $3.5B 2026-10-22
16 XAR State Street® SPDR® S&P® Aerospace & Defense ETF SPDR (State Street) 3.27% $162.8M $5.0B 2026-10-21
17 FTCS First Trust Capital Strength® ETF First Trust 2.08% $161.2M $7.8B 2026-10-21
18 IWD iShares Russell 1000 Value ETF iShares (BlackRock) 0.19% $161.1M $84.8B 2026-10-21
19 DGRO iShares Core Dividend Growth ETF iShares (BlackRock) 0.32% $143.7M $44.8B 2026-10-21
20 IDEF iShares Defense Industrials and Tech Active ETF iShares (BlackRock) 3.84% $142.4M $3.7B 2026-10-21
21 MOAT VanEck Morningstar Wide Moat ETF VanEck 1.15% $135.1M $11.9B 2026-10-21
22 USMV iShares MSCI USA Min Vol Factor ETF iShares (BlackRock) 0.50% $119.8M $24.3B 2026-10-21
23 IVE iShares S&P 500 Value ETF iShares (BlackRock) 0.24% $119.7M $50.7B 2026-10-21
24 ITOT iShares Core S&P Total U.S. Stock Market ETF iShares (BlackRock) 0.10% $93.2M $96.2B 2026-10-21
25 NUDG Nuveen Dividend Growth Fund Nport 1.44% $91.3M — 2026-07-31
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.

Trailing P/E
—
TTM Diluted EPS
$31.70
TTM Revenue
$43.59B
TTM Net Income
$4.52B
TTM Op. Cash Flow
$5.27B
Quarterly figures (12 quarters)
QuarterPeriod EndRevenueNet IncomeDiluted EPSOp. Cash Flow
Q3 '262026-09-30$11.12B$1.12B$7.89$1.75B
Q2 '262026-06-30$10.88B$1.09B$7.68$1.28B
Q1 '262026-03-31$9.88B$875.00M$6.14$-1.66B
Q4 '252025-12-31$11.71B$1.43B$9.96$3.90B
Q3 '252025-09-30$10.42B$1.10B$7.67$1.56B
Q2 '252025-06-30$10.35B$1.17B$8.15$868.00M
Q1 '252025-03-31$9.47B$481.00M$3.32$-1.56B
Q4 '242024-12-31$10.69B$1.26B$8.65$2.58B
Q3 '242024-09-30$10.00B$1.03B$7.00$1.09B
Q2 '242024-06-30$10.22B$940.00M$6.36$1.43B
Q1 '242024-03-31$10.13B$944.00M$6.32$-706.00M
Q4 '232023-12-31$10.64B$-535.00M$-3.47$2.43B
Q3 2026 • period ending 2026-09-30 • filed 2026-10-20
Valuation

Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.

Price Multiples
  • P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
  • P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
  • P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
  • EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
  • EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
  • ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
  • ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
  • Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
  • FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
  • Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
  • Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
  • Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
  • Multiples expanding while earnings are flat = sentiment-driven rally.
  • Multiples compressing while earnings grow = value coming from fundamentals.
P/E
17.56
P/B
4.42
P/S
1.84
EV/EBITDA
14.89
EV/Sales
2.12
ROE
25.1%
ROA
8.9%
Div Yield
1.78%
FCF Yield
6.43%
Debt/Equity
0.81
Current Ratio
—
Market Cap
$79.01B
as of 2026-10-22
Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
2.28M
SI % of Float
1.61%
Days to Cover
2.60
Short Vol Ratio
51.0%
Free Float
141.82M
Float %
99.9%
Short interest 2026-09-30 • Short volume 2026-10-22 • Float 2026-05-27