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FDX vs. NOC: A Head-to-Head Stock Comparison

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Here’s a clear look at FDX and NOC, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

SymbolFDXNOC
Company NameFedEx CorporationNorthrop Grumman Corporation
CountryUnited StatesUnited States
GICS SectorIndustrialsIndustrials
GICS IndustryAir Freight & LogisticsAerospace & Defense
Market Capitalization58.29 billion USD88.56 billion USD
ExchangeNYSENYSE
Listing DateApril 12, 1978December 31, 1981
Security TypeCommon StockCommon Stock

Historical Performance

This chart compares the performance of FDX and NOC by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

FDX vs. NOC: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

SymbolFDXNOC
5-Day Price Return4.76%1.51%
13-Week Price Return5.08%21.78%
26-Week Price Return2.09%20.55%
52-Week Price Return-5.74%15.06%
Month-to-Date Return4.76%1.51%
Year-to-Date Return-12.19%31.80%
10-Day Avg. Volume1.84M0.66M
3-Month Avg. Volume2.18M0.76M
3-Month Volatility26.48%22.33%
Beta1.350.05

Profitability

Return on Equity (TTM)

FDX

15.12%

Air Freight & Logistics Industry

Max
35.27%
Q3
18.63%
Median
11.99%
Q1
7.41%
Min
2.11%

FDX’s Return on Equity of 15.12% is on par with the norm for the Air Freight & Logistics industry, indicating its profitability relative to shareholder equity is typical for the sector.

NOC

26.09%

Aerospace & Defense Industry

Max
37.11%
Q3
20.14%
Median
11.72%
Q1
6.30%
Min
-6.24%

In the upper quartile for the Aerospace & Defense industry, NOC’s Return on Equity of 26.09% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.

FDX vs. NOC: A comparison of their Return on Equity (TTM) against their respective Air Freight & Logistics and Aerospace & Defense industry benchmarks.

Net Profit Margin (TTM)

FDX

4.65%

Air Freight & Logistics Industry

Max
7.92%
Q3
5.98%
Median
4.11%
Q1
2.45%
Min
0.50%

FDX’s Net Profit Margin of 4.65% is aligned with the median group of its peers in the Air Freight & Logistics industry. This indicates its ability to convert revenue into profit is typical for the sector.

NOC

9.74%

Aerospace & Defense Industry

Max
13.66%
Q3
8.61%
Median
6.59%
Q1
4.92%
Min
1.01%

A Net Profit Margin of 9.74% places NOC in the upper quartile for the Aerospace & Defense industry, signifying strong profitability and more effective cost management than most of its peers.

FDX vs. NOC: A comparison of their Net Profit Margin (TTM) against their respective Air Freight & Logistics and Aerospace & Defense industry benchmarks.

Operating Profit Margin (TTM)

FDX

6.01%

Air Freight & Logistics Industry

Max
11.33%
Q3
8.19%
Median
5.82%
Q1
3.63%
Min
1.06%

FDX’s Operating Profit Margin of 6.01% is around the midpoint for the Air Freight & Logistics industry, indicating that its efficiency in managing core business operations is typical for the sector.

NOC

10.39%

Aerospace & Defense Industry

Max
22.35%
Q3
12.83%
Median
9.29%
Q1
6.38%
Min
-2.15%

NOC’s Operating Profit Margin of 10.39% is around the midpoint for the Aerospace & Defense industry, indicating that its efficiency in managing core business operations is typical for the sector.

FDX vs. NOC: A comparison of their Operating Profit Margin (TTM) against their respective Air Freight & Logistics and Aerospace & Defense industry benchmarks.

Profitability at a Glance

SymbolFDXNOC
Return on Equity (TTM)15.12%26.09%
Return on Assets (TTM)4.76%8.07%
Net Profit Margin (TTM)4.65%9.74%
Operating Profit Margin (TTM)6.01%10.39%
Gross Profit Margin (TTM)71.16%19.33%

Financial Strength

Current Ratio (MRQ)

FDX

1.25

Air Freight & Logistics Industry

Max
1.73
Q3
1.33
Median
1.15
Q1
0.95
Min
0.61

FDX’s Current Ratio of 1.25 aligns with the median group of the Air Freight & Logistics industry, indicating that its short-term liquidity is in line with its sector peers.

NOC

1.04

Aerospace & Defense Industry

Max
3.35
Q3
2.03
Median
1.24
Q1
1.04
Min
0.77

NOC’s Current Ratio of 1.04 falls into the lower quartile for the Aerospace & Defense industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.

FDX vs. NOC: A comparison of their Current Ratio (MRQ) against their respective Air Freight & Logistics and Aerospace & Defense industry benchmarks.

Debt-to-Equity Ratio (MRQ)

FDX

0.76

Air Freight & Logistics Industry

Max
1.57
Q3
1.25
Median
0.77
Q1
0.32
Min
0.00

FDX’s Debt-to-Equity Ratio of 0.76 is typical for the Air Freight & Logistics industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

NOC

1.02

Aerospace & Defense Industry

Max
1.72
Q3
0.96
Median
0.63
Q1
0.37
Min
0.03

NOC’s leverage is in the upper quartile of the Aerospace & Defense industry, with a Debt-to-Equity Ratio of 1.02. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.

FDX vs. NOC: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Air Freight & Logistics and Aerospace & Defense industry benchmarks.

Interest Coverage Ratio (TTM)

FDX

13.77

Air Freight & Logistics Industry

Max
49.07
Q3
23.59
Median
8.92
Q1
6.34
Min
-0.60

FDX’s Interest Coverage Ratio of 13.77 is positioned comfortably within the norm for the Air Freight & Logistics industry, indicating a standard and healthy capacity to cover its interest payments.

NOC

9.08

Aerospace & Defense Industry

Max
36.57
Q3
19.08
Median
7.25
Q1
2.65
Min
-7.63

NOC’s Interest Coverage Ratio of 9.08 is positioned comfortably within the norm for the Aerospace & Defense industry, indicating a standard and healthy capacity to cover its interest payments.

FDX vs. NOC: A comparison of their Interest Coverage Ratio (TTM) against their respective Air Freight & Logistics and Aerospace & Defense industry benchmarks.

Financial Strength at a Glance

SymbolFDXNOC
Current Ratio (MRQ)1.251.04
Quick Ratio (MRQ)1.140.85
Debt-to-Equity Ratio (MRQ)0.761.02
Interest Coverage Ratio (TTM)13.779.08

Growth

Revenue Growth

FDX vs. NOC: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

FDX vs. NOC: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

FDX

2.33%

Air Freight & Logistics Industry

Max
6.28%
Q3
3.20%
Median
1.90%
Q1
0.55%
Min
0.00%

FDX’s Dividend Yield of 2.33% is consistent with its peers in the Air Freight & Logistics industry, providing a dividend return that is standard for its sector.

NOC

1.40%

Aerospace & Defense Industry

Max
2.72%
Q3
1.45%
Median
0.48%
Q1
0.08%
Min
0.00%

NOC’s Dividend Yield of 1.40% is consistent with its peers in the Aerospace & Defense industry, providing a dividend return that is standard for its sector.

FDX vs. NOC: A comparison of their Dividend Yield (TTM) against their respective Air Freight & Logistics and Aerospace & Defense industry benchmarks.

Dividend Payout Ratio (TTM)

FDX

32.63%

Air Freight & Logistics Industry

Max
160.95%
Q3
92.80%
Median
60.17%
Q1
4.60%
Min
0.00%

FDX’s Dividend Payout Ratio of 32.63% is within the typical range for the Air Freight & Logistics industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

NOC

31.28%

Aerospace & Defense Industry

Max
110.40%
Q3
50.43%
Median
17.11%
Q1
0.46%
Min
0.00%

NOC’s Dividend Payout Ratio of 31.28% is within the typical range for the Aerospace & Defense industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

FDX vs. NOC: A comparison of their Dividend Payout Ratio (TTM) against their respective Air Freight & Logistics and Aerospace & Defense industry benchmarks.

Dividend at a Glance

SymbolFDXNOC
Dividend Yield (TTM)2.33%1.40%
Dividend Payout Ratio (TTM)32.63%31.28%

Valuation

Price-to-Earnings Ratio (TTM)

FDX

14.00

Air Freight & Logistics Industry

Max
30.08
Q3
23.03
Median
18.40
Q1
12.84
Min
5.90

FDX’s P/E Ratio of 14.00 is within the middle range for the Air Freight & Logistics industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

NOC

22.33

Aerospace & Defense Industry

Max
67.20
Q3
55.74
Median
33.28
Q1
27.49
Min
15.02

In the lower quartile for the Aerospace & Defense industry, NOC’s P/E Ratio of 22.33 suggests the stock may be undervalued compared to its peers, potentially presenting an attractive entry point for investors.

FDX vs. NOC: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Air Freight & Logistics and Aerospace & Defense industry benchmarks.

Price-to-Sales Ratio (TTM)

FDX

0.65

Air Freight & Logistics Industry

Max
2.28
Q3
1.40
Median
0.63
Q1
0.46
Min
0.19

FDX’s P/S Ratio of 0.65 aligns with the market consensus for the Air Freight & Logistics industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

NOC

2.17

Aerospace & Defense Industry

Max
9.06
Q3
4.87
Median
2.47
Q1
1.61
Min
0.33

NOC’s P/S Ratio of 2.17 aligns with the market consensus for the Aerospace & Defense industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

FDX vs. NOC: A comparison of their Price-to-Sales Ratio (TTM) against their respective Air Freight & Logistics and Aerospace & Defense industry benchmarks.

Price-to-Book Ratio (MRQ)

FDX

1.96

Air Freight & Logistics Industry

Max
5.68
Q3
3.23
Median
1.97
Q1
1.31
Min
0.80

FDX’s P/B Ratio of 1.96 is within the conventional range for the Air Freight & Logistics industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

NOC

4.65

Aerospace & Defense Industry

Max
14.90
Q3
8.93
Median
4.70
Q1
3.03
Min
0.83

NOC’s P/B Ratio of 4.65 is within the conventional range for the Aerospace & Defense industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

FDX vs. NOC: A comparison of their Price-to-Book Ratio (MRQ) against their respective Air Freight & Logistics and Aerospace & Defense industry benchmarks.

Valuation at a Glance

SymbolFDXNOC
Price-to-Earnings Ratio (TTM)14.0022.33
Price-to-Sales Ratio (TTM)0.652.17
Price-to-Book Ratio (MRQ)1.964.65
Price-to-Free Cash Flow Ratio (TTM)15.7928.15