DE vs. NOC: Deere vs. Northrop Grumman Stock Comparison
How do Deere (DE) and Northrop Grumman (NOC) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Deere (DE) and Northrop Grumman (NOC) both fall under the Capital Goods industry group, but DE is classified in Machinery while NOC is classified in Aerospace & Defense.
| Profile Item | DE | NOC |
|---|---|---|
| Name | Deere & Company | Northrop Grumman Corporation |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Machinery | Aerospace & Defense |
| GICS Sub-Industry | Agricultural & Farm Machinery | Aerospace & Defense |
| Market Capitalization | 182.20 billion USD | 73.73 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | June 1, 1972 | December 31, 1981 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DE | NOC |
|---|---|---|
| Total Return (1Y) | 43.60% | -9.52% |
| Total Return (3Y, Annualized) | 20.71% | 8.68% |
| Total Return (5Y, Annualized) | 14.73% | 9.71% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Northrop Grumman (NOC) reports a negative beta of -0.12, suggesting inverse market sensitivity over the measurement window. That is uncommon for ordinary equities and can reflect commodity-linked or hedge-like exposure, but it can also come from statistical noise. Deere (DE) has a non-negative beta of 0.87.
| Metric | DE | NOC |
|---|---|---|
| Volatility (1Y, Annualized) | 32.03% | 27.07% |
| Beta (5Y) | 0.87 | -0.12 |
| Max Drawdown (5Y) | -33.81% | -35.13% |
| Avg. Volume (3M) | 1.22M | 876.25K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DE | NOC |
|---|---|---|
| Sharpe Ratio (1Y) | 1.23 | -0.51 |
| Sortino Ratio (1Y) | 2.09 | -0.71 |
Profitability
ROE (TTM)
Northrop Grumman (NOC) at 26.96% sits in the top ROE quartile, while Deere (DE) at 18.24% is closer to the peer norm — stronger capital efficiency for NOC.
DE
Capital Goods industry group
18.24%
- Max
- 40.35%
- Q3
- 18.69%
- DE
- 18.24%
- Median
- 11.55%
- Q1
- 2.89%
- Min
- -19.86%
NOC
Capital Goods industry group
26.96%
- Max
- 40.35%
- NOC
- 26.96%
- Q3
- 18.69%
- Median
- 11.55%
- Q1
- 2.89%
- Min
- -19.86%
Net Margin (TTM)
Both Deere (DE) at 10.17% and Northrop Grumman (NOC) at 10.48% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
DE
Capital Goods industry group
10.17%
- Max
- 27.47%
- Q3
- 11.71%
- DE
- 10.17%
- Median
- 5.78%
- Q1
- 0.77%
- Min
- -14.15%
NOC
Capital Goods industry group
10.48%
- Max
- 27.47%
- Q3
- 11.71%
- NOC
- 10.48%
- Median
- 5.78%
- Q1
- 0.77%
- Min
- -14.15%
Operating Margin (TTM)
Deere (DE) at 17.48% operates in the top operating margin quartile, ahead of Northrop Grumman (NOC) at 11.60%, which runs around its industry’s norm.
DE
Capital Goods industry group
17.48%
- Max
- 35.46%
- DE
- 17.48%
- Q3
- 17.39%
- Median
- 10.58%
- Q1
- 4.59%
- Min
- -12.63%
NOC
Capital Goods industry group
11.60%
- Max
- 35.46%
- Q3
- 17.39%
- NOC
- 11.60%
- Median
- 10.58%
- Q1
- 4.59%
- Min
- -12.63%
Profitability Metrics
| Metric | DE | NOC |
|---|---|---|
| ROE (TTM) | 18.24% | 26.96% |
| ROA (TTM) | 3.76% | 7.15% |
| Net Margin (TTM) | 10.17% | 10.48% |
| Operating Margin (TTM) | 17.48% | 11.60% |
| Gross Margin (TTM) | 25.18% | 20.06% |
Growth
Revenue Growth
Northrop Grumman (NOC) at 2.24% is around its peer norm for revenue growth, while Deere (DE) at -11.59% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Northrop Grumman (NOC) at 2.61% is around its peer norm for EPS growth, while Deere (DE) at -27.79% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | DE | NOC |
|---|---|---|
| Revenue Growth (YoY) | -11.59% | 2.24% |
| Revenue Growth (3Y CAGR) | -4.50% | 4.65% |
| EPS Growth (YoY) | -27.79% | 2.61% |
| EPS Growth (3Y CAGR) | -7.37% | -2.60% |
Financial Strength
Current Ratio (MRQ)
Deere (DE) at 2.13 keeps current ratio within its industry’s typical mid-range, while Northrop Grumman (NOC) at 1.17 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for NOC.
DE
Capital Goods industry group
2.13
- Max
- 5.28
- Q3
- 2.99
- DE
- 2.13
- Median
- 2.09
- Q1
- 1.45
- Min
- 0.76
NOC
Capital Goods industry group
1.17
- Max
- 5.28
- Q3
- 2.99
- Median
- 2.09
- Q1
- 1.45
- NOC
- 1.17
- Min
- 0.76
Debt / Equity (MRQ)
Northrop Grumman (NOC) at 0.95 is near its industry mid-range for debt-to-equity ratio, while Deere (DE) at 3.76 sits above its benchmark range, pointing to a heavier debt load relative to equity.
DE
Capital Goods industry group
3.76
- DE
- 3.76
- Max
- 2.15
- Q3
- 1.09
- Median
- 0.57
- Q1
- 0.27
- Min
- 0.00
NOC
Capital Goods industry group
0.95
- Max
- 2.15
- Q3
- 1.09
- NOC
- 0.95
- Median
- 0.57
- Q1
- 0.27
- Min
- 0.00
Financial Strength Metrics
| Metric | DE | NOC |
|---|---|---|
| Current Ratio (MRQ) | 2.13 | 1.17 |
| Debt / Equity (MRQ) | 3.76 | 0.95 |
| Net Debt / EBITDA | 4.61 | 2.03 |
Dividends
Dividend Yield (TTM)
Northrop Grumman (NOC) at 1.81% delivers top-quartile income for its industry, while Deere (DE) at 0.96% pays a more typical yield — both are credible income propositions, NOC the richer one.
DE
Capital Goods industry group
0.96%
- Max
- 2.75%
- Q3
- 1.11%
- DE
- 0.96%
- Median
- 0.18%
- Q1
- 0.00%
- Min
- 0.00%
NOC
Capital Goods industry group
1.81%
- Max
- 2.75%
- NOC
- 1.81%
- Q3
- 1.11%
- Median
- 0.18%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Deere (DE) at 36.02% and Northrop Grumman (NOC) at 29.88% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.
DE
Capital Goods industry group
36.02%
- Max
- 72.00%
- DE
- 36.02%
- Q3
- 28.86%
- Median
- 6.13%
- Q1
- 0.00%
- Min
- 0.00%
NOC
Capital Goods industry group
29.88%
- Max
- 72.00%
- NOC
- 29.88%
- Q3
- 28.86%
- Median
- 6.13%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DE | NOC |
|---|---|---|
| Dividend Yield (TTM) | 0.96% | 1.81% |
| Dividend Payout Ratio (TTM) | 36.02% | 29.88% |
Valuation
P/E Ratio (TTM)
Northrop Grumman (NOC) at 16.50 sits in the cheaper P/E ratio quartile, while Deere (DE) at 37.60 is closer to its industry’s usual earnings multiple — a discount for NOC, though growth and earnings durability still matter.
DE
Capital Goods industry group
37.60
- Max
- 66.10
- Q3
- 40.43
- DE
- 37.60
- Median
- 29.30
- Q1
- 21.19
- Min
- 1.09
NOC
Capital Goods industry group
16.50
- Max
- 66.10
- Q3
- 40.43
- Median
- 29.30
- Q1
- 21.19
- NOC
- 16.50
- Min
- 1.09
P/S Ratio (TTM)
On P/S ratio, both Deere (DE) at 3.80 and Northrop Grumman (NOC) at 1.72 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
DE
Capital Goods industry group
3.80
- Max
- 9.06
- Q3
- 4.40
- DE
- 3.80
- Median
- 2.41
- Q1
- 1.19
- Min
- 0.05
NOC
Capital Goods industry group
1.72
- Max
- 9.06
- Q3
- 4.40
- Median
- 2.41
- NOC
- 1.72
- Q1
- 1.19
- Min
- 0.05
P/B Ratio (MRQ)
Northrop Grumman (NOC) at 4.12 is valued about in line with its industry on P/B ratio, while Deere (DE) at 6.51 carries an above-peer premium to book — DE is pricier on assets.
DE
Capital Goods industry group
6.51
- Max
- 11.10
- DE
- 6.51
- Q3
- 5.63
- Median
- 3.31
- Q1
- 1.94
- Min
- -3.52
NOC
Capital Goods industry group
4.12
- Max
- 11.10
- Q3
- 5.63
- NOC
- 4.12
- Median
- 3.31
- Q1
- 1.94
- Min
- -3.52
Valuation Metrics
| Metric | DE | NOC |
|---|---|---|
| P/E Ratio (TTM) | 37.60 | 16.50 |
| P/S Ratio (TTM) | 3.80 | 1.72 |
| P/B Ratio (MRQ) | 6.51 | 4.12 |
| Free Cash Flow Yield (TTM) | 2.48% | 3.36% |