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NOC Northrop Grumman Corporation

Defense and aerospace programs diversify industrial income. Fixed-price contracts and development costs can pressure cash flow.

Q-score estimate14.3#62 of 100 assessed stocks

Payout ratio and market capitalization contribute the most. International sales is the largest constraint. Independent estimate from dated inputs, not a publisher Q-score.

Hypothetical investment

Growth of $10,000

Dividends reinvested · no additional contributions

NOC would be worth$16,3985-year growth · as of Sep 18, 2026
S&P 500 (SPY)$18,763Same $10,000 · same dates
Total gain / loss+$6,398+64.0% total return
NOCS&P 500 (SPY)
Sep 20, 2021 · $10,000 investedSep 18, 2026

Based on adjusted market prices through the latest available completed session, before personal taxes and trading costs.

Checking the latest completed session…

Market performance

Total return

Price movement plus reinvested distributions, compared with SPY.

+64.0% over 5 years
1 YEAR TOTAL RETURN-6.6%
Price-8.1%
Dividend+1.5%

Net loss; shares not shown.

#80 return rank · 100 peers
5 YEARS TOTAL RETURN+64.0%+10.4% / yr annualized
Price80% of return+51.2%
Dividend20% of return+12.8%
#38 return rank · 99 peers

Dividend includes all distributions and reinvestment.

Sep 20, 2021Sep 18, 2026
Total return+63.98%
S&P 500 (SPY)+87.63%
Annualized return+10.41%
Largest drawdown-35.13%
Transparent factor breakdown

Why the Q-score estimate is 14.3

Each rank compares this stock with the 100 assessed stocks in the Nanalyze collection.

Official framework
Years increasing dividends2.2
#85 of 100

22 reported increase years. Years / 10, capped at 5 points.

Market capitalization3.8
#33 of 100

$77.79 billion. 2 × log10(market cap in USD billions), limited to 0–5 points.

Dividend yield0.5
#64 of 100

1.73%. 2 × (yield % − 1.5), limited to −2–5 points.

Payout ratio4.0
#19 of 100

29.88%. (90 − payout %) / 15, limited to −2–5 points. Zero or negative payout receives −2 rather than a false coverage reward.

International sales-1.0
#57 of 100

12.48% source geographic share. At most 25%: −1 point; above 25% through 50%: 2.5; above 50%: 5. A verified upper bound is usable only when entirely within the lowest band.

5-year dividend growth1.5
#20 of 100

9.49%. (5-year growth % − 5) / 3, limited to −2–5 points.

10-year dividend growth3.3
#22 of 100

10.62%. (10-year growth % − 4) / 2, limited to −2–5 points.

Independent estimate · assessed October 10, 2026. All 100 research stocks use the same rules. Each component is rounded to one decimal before summing; equal totals share a rank. These scores are not Nanalyze’s published Q-scores. Full method

Supplied Quantigence ALL calculator; imported 2026-09-23; effective date unstated. Quantigence Q-Score Calculator - ALL.csv, row 117; source symbol NOC. Supplied publisher total: 10.7 (separate scale; not used in this ranking).

Inputs are a supplied calculator snapshot, not live values; its effective date is unstated. Geography and payout definitions are retained as supplied.

Income Lens research candidate

Why it is in this section

Defense and aerospace programs diversify industrial income.

What to investigate

Fixed-price contracts and development costs can pressure cash flow.

Independent selection; creator ownership or endorsement has not been verified. SDY uses a broader 20-year dividend-increase screen; this does not establish a 25-year record. Q-score not assessed.

SDY issuer holdingsRead the philosophy research