MAIR vs. NOC: Madison Air vs. Northrop Grumman Stock Comparison

Company Profile

Madison Air (MAIR) and Northrop Grumman (NOC) both fall under the Capital Goods industry group, but MAIR is classified in Building Products while NOC is classified in Aerospace & Defense.

Northrop Grumman (NOC) has been public since December 31, 1981, giving it decades of market history across multiple cycles, while Madison Air (MAIR) listed only on April 16, 2026 and lacks comparable through-cycle data.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

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. Madison Air (MAIR) has a non-negative beta of 1.60.

Risk-Adjusted Performance

Risk-Return Positioning

Both MAIR and NOC need 1-year volatility and 1-year return to plot risk-return positioning.

Risk-Adjusted Metrics

Profitability

Capital efficiency shows on one side only: Northrop Grumman (NOC) earns 26.07% on shareholders’ equity, ranked against its industry; Madison Air (MAIR) has no ROE this period.

Both Madison Air (MAIR) at 3.73% and Northrop Grumman (NOC) at 10.37% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

Madison Air (MAIR) at 19.76% operates in the top operating margin quartile, ahead of Northrop Grumman (NOC) at 12.91%, which runs around its industry’s norm.

Profitability Metrics

Growth

Madison Air (MAIR) at 34.07% sits in the top revenue growth quartile, while Northrop Grumman (NOC) at 2.24% is closer to the peer norm — faster top-line expansion for MAIR.

Both Madison Air (MAIR) at -2.32% and Northrop Grumman (NOC) at 2.61% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Growth Metrics

Financial Strength

Madison Air (MAIR) at 1.82 keeps current ratio within its industry’s typical mid-range, while Northrop Grumman (NOC) at 1.23 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for NOC.

Both Madison Air (MAIR) at 0.87 and Northrop Grumman (NOC) at 0.93 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

Financial Strength Metrics

Dividends

Madison Air (MAIR) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Northrop Grumman (NOC) reports a yield of 1.82%, ranking against industry peers normally.

Madison Air (MAIR) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Northrop Grumman (NOC) reports a payout of 30.18%, ranking against industry peers normally.

Dividend Metrics

Valuation

Northrop Grumman (NOC) at 16.57 sits in the cheaper P/E ratio quartile, while Madison Air (MAIR) at 164.57 trades above its peer range — a wide earnings-valuation gap relative to industry peers.

On P/S ratio, both Madison Air (MAIR) at 3.09 and Northrop Grumman (NOC) at 1.71 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

On P/B ratio, both Madison Air (MAIR) at 3.17 and Northrop Grumman (NOC) at 3.99 are valued close to their industries’ norm against book — neither stands out from peers.

Valuation Metrics