Northrop Grumman (NOC) vs RTX (RTX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
RTX (RTX) has outperformed Northrop Grumman (NOC) over the past year, gaining 6.5% versus a loss of 23.3%. Over five years, RTX leads with a +98.3% price change compared with +20.6% for NOC. RTX is the larger company by market cap ($242.95 billion vs $67.26 billion), about 3.6 times the size.
On valuation, Northrop Grumman trades at a lower forward P/E (15.5x vs 22.9x for RTX). Northrop Grumman offers the higher dividend yield (1.99% vs 1.54%). Northrop Grumman converts more of its revenue into profit, with a net margin of 10.0% versus 7.6%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | NOC | RTX |
|---|---|---|
| Share price | $473.46 | $180.26 |
| Market cap | $67.26B | $242.95B |
| 1-day change | -2.00% | -1.65% |
| YTD return | -16.41% | -1.71% |
| 1-year return | -23.33% | +6.49% |
| 5-year return | +20.55% | +98.26% |
| P/E ratio (TTM) | 15.05 | 31.74 |
| Forward P/E | 15.55 | 22.94 |
| EPS (TTM) | $31.46 | $5.68 |
| Dividend yield | 1.99% | 1.54% |
| Annual dividend | $9.40 | $2.77 |
| Revenue (latest FY) | $41.95B | $88.60B |
| Revenue growth (YoY) | +2.24% | +9.74% |
| Net income (latest FY) | $4.18B | $6.73B |
| Operating margin | 10.75% | 10.50% |
| Net margin | 9.97% | 7.60% |
| 52-week high | $774.00 | $226.88 |
| 52-week low | $470.06 | $155.64 |
| Distance from 52-week high | -38.83% | -20.55% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +33.92% | +28.23% |
| Average volume | 851.13K | 4.40M |
| Shares outstanding | 142.06M | 1.35B |
| Employees | 95,000 | 180,000 |
| Sector | Industrials | Industrials |
| Industry | Industrial Machinery/Components | Aerospace |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- RTX is about 3.6 times larger than Northrop Grumman by market value ($242.95B vs $67.26B).
- RTX has outperformed NOC by 29.8 percentage points over the past year.
- RTX trades at a higher earnings multiple (31.7x vs 15.0x trailing P/E).
- RTX grew revenue faster in its latest fiscal year (+9.74% vs +2.24%).
About Northrop Grumman
NOC stock →Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. It operates through four segments: Aeronautics Systems, Defense Systems, Mission Systems and Space Systems.
Industrials · Industrial Machinery/Components · 95,000 employees
About RTX
RTX stock →RTX Corporation, an aerospace and defense company, provides systems and services for commercial, military, and government customers worldwide. It operates through three segments: Collins Aerospace (Collins), Pratt & Whitney, and Raytheon.
Industrials · Aerospace · 180,000 employees
NOC vs RTX FAQ
Which is bigger, Northrop Grumman or RTX?
RTX (RTX) is larger, with a market capitalization of $242.95B compared with $67.26B for Northrop Grumman (NOC).
Which stock has performed better over the past year, NOC or RTX?
RTX returned +6.49% over the past 12 months, compared with -23.33% for NOC (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, NOC or RTX?
NOC has the lower trailing P/E at 15.0, versus 31.7 for RTX. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Northrop Grumman or RTX?
Northrop Grumman has the higher yield at 1.99%, compared with 1.54% for RTX.
Are Northrop Grumman and RTX in the same industry?
Both are in the Industrials sector, but in different industries: Industrial Machinery/Components for Northrop Grumman and Aerospace for RTX.