Northrop Grumman Corporation

NOC Search, Detection, Navagation, Guidance, Aeronautical Sys · NYSE

Market statistics

Annualised volatility 27.0%

Beta vs SPY 0.09

Market correlation 0.041

Rate sensitivity -0.03

Volatility sensitivity -0.05

Traded per day $453.2M

Measured from daily returns over the past year. That is not the same estimator as the beta quoted on most finance sites, which is usually five years of monthly returns, and in a market where single stocks move on their own news the daily figure comes out materially lower. Over this window the average large-cap correlation to the index is far below its long-run level: a low number here is a statement about the last twelve months, not a claim that the security is uncorrelated with the market in general.

As filed with the SEC twelve months to 2025-12-31 · balance sheet 2026-03-31

Revenue $41.95B

Operating income $4.51B

Net income $4.18B

Diluted EPS $29.08

Total assets $50.01B

Total liabilities $32.89B

Shareholders’ equity $17.12B

Cash & equivalents $2.09B

Shares outstanding 142.0M

Short selling — three different measurements

Shares short 2.4M

Days to cover 4.2

Change vs prior +6.3%

Short share of volume 41.2%

Largest fail balance 50,130

Dates with a fail balance 25

These measure different things and are routinely confused. Shares short is an outstanding position, reported twice monthly (settlement 2026-08-14). Short share of volume counts sell-side transactions flagged short each day, most of which is market-maker hedging closed the same session — the market-wide median is around half. Fail balances are shares that did not settle on time; the SEC states these are cumulative balances whose age cannot be determined, and they are not evidence of naked short selling.

Short volume across the market

Ownership

Institutions reporting a position 1,863

Reported value $76.23B

Largest reported holdersamong the managers stored here

Manager	Reported value	Shares
STATE STREET CORP	$8.87B	13,000,928
BlackRock, Inc.	$7.42B	10,882,518
VANGUARD CAPITAL MANAGEMENT LLC	$6.11B	8,949,227
Capital International Investors	$4.84B	7,096,465
Capital World Investors	$4.70B	6,892,150
WELLINGTON MANAGEMENT GROUP LLP	$3.39B	4,970,659
MORGAN STANLEY	$2.46B	3,608,738
FRANKLIN RESOURCES INC	$2.24B	3,279,136

On the public record

Insider trading 0 open-market buys, 10 sells by 1 insiders · latest 2026-08-03 Congress trading 29 disclosed trades by 16 members · latest 2025-09-23 Federal contracts $10.16B in FY2026 prime awards Filings on EDGAR CIK 1133421

Moves most like

Ticker	1-year correlation	Volatility vs NOC
LMT Lockheed Martin Corporation	0.703	1.04×
LHX L3Harris Technologies, Inc.	0.660	1.06×
RTX RTX Corporation	0.652	0.96×
GD General Dynamics Corporation	0.610	0.83×
PPA Invesco Aerospace & Defense ETF	0.594	0.80×
MISL First Trust Indxx Aerospace & Defense ETF	0.575	0.95×
ITA iShares U.S. Aerospace & Defense ETF	0.570	0.86×
HII Huntington Ingalls Industries, Inc.	0.548	1.42×

Full correlation analysis for NOC

What is on this page

Everything this site holds about one security, from sources that are all public record. The figures come from different places and mean different things, so each block says where it came from.

Filed by the company — the financial statements, taken from the SEC's XBRL data sets. As filed, unaudited by us, and twelve-month figures unless stated.
Filed by someone else about the company — institutional positions on Form 13F, activist stakes on Schedule 13D, insider transactions on Form 4, congressional trades under the STOCK Act. All lag by design; 13F by up to 45 days.
Reported by the market's plumbing — short interest and short volume from FINRA, settlement fails from the SEC.
Computed here — volatility, beta, correlations and rate sensitivity, measured from daily returns. These are derived statistics; no price or return series is published anywhere on this site.

What is deliberately absent

No price, no chart, no market capitalisation, no valuation ratio. The daily price history behind the statistics above is licensed from a commercial vendor and cannot be republished — and publishing a market cap alongside a share count would hand the price straight back. Every number here is either a public filing or a statistic from which the underlying series cannot be reconstructed.

Coverage

US securities trading at least $1 million a day with three years of history. Sections appear only where there is something to show: a fund has no income statement, most companies have no activist stake, and only a few dozen listed companies hold material federal contracts.