BA vs NOC
Boeing (BA) and Northrop Grumman (NOC) compared side by side. Boeing (BA) is larger, with a market cap of $148.9B versus $78.3B for Northrop Grumman, about 1.9 times the size. On trailing earnings, NOC is cheaper at 17.4x versus 67.3x for BA.
Head to head
| Metric | BA | NOC |
|---|---|---|
| Market cap | $148.9B | $78.3B |
| P/E (TTM) | 67.3x | 17.4x |
| Forward P/E | 50.1x | 18.4x |
| Revenue (TTM) | $94.0B | $43.6B |
| Revenue growth | 8.0% | 6.7% |
| Gross margin | 4.7% | 20.0% |
| Operating margin | 0.0% | 12.9% |
| Free cash flow | -$1.1B | $3.6B |
| Dividend yield | None | 1.79% |
| 1-year return | -13.5% | -7.5% |
| 5-year return (annual) | -2.4% | +8.0% |
| Max drawdown | -88% | -69% |
| FI Handbook grade | D | C+ |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
BA vs NOC FAQ
Which is bigger, BA or NOC?
Boeing (BA) is larger, with a market cap of $148.9B versus $78.3B for Northrop Grumman, about 1.9 times the size.
Is BA or NOC cheaper?
On trailing earnings, NOC is cheaper at 17.4x versus 67.3x for BA. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, BA or NOC?
NOC returned -7.5% over the past year including dividends, versus -13.5% for BA, through October 23, 2026.
Which pays a higher dividend, BA or NOC?
NOC yields 1.79%; BA does not pay a dividend.
Full pages: Boeing · Northrop Grumman