MTZ vs. NOC: MasTec vs. Northrop Grumman Stock Comparison

November 11, 2026

How do MasTec (MTZ) 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

MasTec (MTZ) and Northrop Grumman (NOC) both fall under the Capital Goods industry group, but MTZ is classified in Construction & Engineering while NOC is classified in Aerospace & Defense.

Company profile comparison for MasTec (MTZ) and Northrop Grumman (NOC)
Profile Item	MTZ	NOC
Name	MasTec, Inc.	Northrop Grumman Corporation
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Construction & Engineering	Aerospace & Defense
GICS Sub-Industry	Construction & Engineering	Aerospace & Defense
Market Capitalization	13.98 billion USD	74.59 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	February 21, 1973	December 31, 1981
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

MTZ

NOC

GSPC

MasTec (MTZ) vs. Northrop Grumman (NOC), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for MasTec (MTZ) and Northrop Grumman (NOC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for MasTec (MTZ) and Northrop Grumman (NOC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for MasTec (MTZ) and Northrop Grumman (NOC)
Metric	MTZ	NOC
Total Return (1Y)	-7.45%	-3.34%
Total Return (3Y, Annualized)	57.37%	7.23%
Total Return (5Y, Annualized)	13.96%	9.98%

Risk Profile

Drawdown History

MTZ

NOC

GSPC

MasTec (MTZ) vs. Northrop Grumman (NOC), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for MasTec (MTZ) and Northrop Grumman (NOC). Each bar is the share of months whose return fell in that 5% bucket.

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. MasTec (MTZ) has a non-negative beta of 1.91.

Risk profile metrics for MasTec (MTZ) and Northrop Grumman (NOC)
Metric	MTZ	NOC
Volatility (1Y, Annualized)	55.99%	28.86%
Beta (5Y)	1.91	-0.12
Max Drawdown (5Y)	-63.67%	-37.80%
Avg. Volume (3M)	1.63M	902.47K

Risk-Adjusted Performance

Risk-Return Positioning

MTZ and NOC are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for MasTec (MTZ) and Northrop Grumman (NOC)
Metric	MTZ	NOC
Sharpe Ratio (1Y)	-0.21	-0.26
Sortino Ratio (1Y)	-0.28	-0.37

Profitability

ROE (TTM)

Northrop Grumman (NOC) at 26.07% sits in the top ROE quartile, while MasTec (MTZ) at 14.53% is closer to the peer norm — stronger capital efficiency for NOC.

MTZ

Capital Goods industry group

14.53%

Max: 40.55%
Q3: 19.29%
MTZ: 14.53%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

NOC

Capital Goods industry group

26.07%

Max: 40.55%
NOC: 26.07%
Q3: 19.29%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

MasTec (MTZ) vs. Northrop Grumman (NOC): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

Both MasTec (MTZ) at 2.80% 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.

MTZ

Capital Goods industry group

2.80%

Max: 27.47%
Q3: 12.10%
Median: 6.30%
MTZ: 2.80%
Q1: 1.40%
Min: -12.89%

NOC

Capital Goods industry group

10.37%

Max: 27.47%
Q3: 12.10%
NOC: 10.37%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

MasTec (MTZ) vs. Northrop Grumman (NOC): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Both MasTec (MTZ) at 5.64% and Northrop Grumman (NOC) at 12.91% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

MTZ

Capital Goods industry group

5.64%

Max: 36.60%
Q3: 18.33%
Median: 11.12%
MTZ: 5.64%
Q1: 5.14%
Min: -12.63%

NOC

Capital Goods industry group

12.91%

Max: 36.60%
Q3: 18.33%
NOC: 12.91%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

MasTec (MTZ) vs. Northrop Grumman (NOC): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for MasTec (MTZ) and Northrop Grumman (NOC)
Metric	MTZ	NOC
ROE (TTM)	14.53%	26.07%
ROA (TTM)	4.43%	7.11%
Net Margin (TTM)	2.80%	10.37%
Operating Margin (TTM)	5.64%	12.91%
Gross Margin (TTM)	12.74%	20.03%

Growth

Revenue Growth

Both MasTec (MTZ) at 16.22% and Northrop Grumman (NOC) at 2.24% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

MasTec (MTZ) vs. Northrop Grumman (NOC): A comparison of their Revenue Growth across different time periods.

EPS Growth

MasTec (MTZ) at 146.12% clears its industry range for EPS growth, a much stronger earnings trajectory than Northrop Grumman (NOC) at 2.61%, which is closer to a typical peer reading.

MasTec (MTZ) vs. Northrop Grumman (NOC): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for MasTec (MTZ) and Northrop Grumman (NOC)
Metric	MTZ	NOC
Revenue Growth (YoY)	16.22%	2.24%
Revenue Growth (3Y CAGR)	13.51%	4.65%
EPS Growth (YoY)	146.12%	2.61%
EPS Growth (3Y CAGR)	129.40%	-2.60%

Financial Strength

Current Ratio (MRQ)

Both MasTec (MTZ) at 1.39 and Northrop Grumman (NOC) at 1.23 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

MTZ

Capital Goods industry group

1.39

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
MTZ: 1.39
Min: 0.36

NOC

Capital Goods industry group

1.23

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
NOC: 1.23
Min: 0.36

MasTec (MTZ) vs. Northrop Grumman (NOC): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Northrop Grumman (NOC) at 0.93 carries an industry-typical debt-to-equity mix, while MasTec (MTZ) at 1.12 uses more debt funding than most peers.

MTZ

Capital Goods industry group

1.12

Max: 2.33
MTZ: 1.12
Q3: 1.12
Median: 0.60
Q1: 0.29
Min: 0.00

NOC

Capital Goods industry group

0.93

Max: 2.33
Q3: 1.12
NOC: 0.93
Median: 0.60
Q1: 0.29
Min: 0.00

MasTec (MTZ) vs. Northrop Grumman (NOC): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for MasTec (MTZ) and Northrop Grumman (NOC)
Metric	MTZ	NOC
Current Ratio (MRQ)	1.39	1.23
Debt / Equity (MRQ)	1.12	0.93
Net Debt / EBITDA	3.08	1.87

Dividends

Dividend Yield (TTM)

MasTec (MTZ) 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.

MTZ

Capital Goods industry group

0.00%

Max: 2.66%
Q3: 1.14%
Median: 0.24%
MTZ: 0.00%
Q1: 0.00%
Min: 0.00%

NOC

Capital Goods industry group

1.82%

Max: 2.66%
NOC: 1.82%
Q3: 1.14%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

MasTec (MTZ) vs. Northrop Grumman (NOC): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

MasTec (MTZ) 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.

MTZ

Capital Goods industry group

0.00%

Max: 67.39%
Q3: 28.02%
Median: 6.86%
MTZ: 0.00%
Q1: 0.00%
Min: 0.00%

NOC

Capital Goods industry group

30.18%

Max: 67.39%
NOC: 30.18%
Q3: 28.02%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

MasTec (MTZ) vs. Northrop Grumman (NOC): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for MasTec (MTZ) and Northrop Grumman (NOC)
Metric	MTZ	NOC
Dividend Yield (TTM)	0.00%	1.82%
Dividend Payout Ratio (TTM)	0.00%	30.18%

Valuation

P/E Ratio (TTM)

Northrop Grumman (NOC) at 16.57 sits in the cheaper P/E ratio quartile, while MasTec (MTZ) at 28.40 is closer to its industry’s usual earnings multiple — a discount for NOC, though growth and earnings durability still matter.

MTZ

Capital Goods industry group

28.40

Max: 59.38
Q3: 35.92
MTZ: 28.40
Median: 25.41
Q1: 19.47
Min: 3.03

NOC

Capital Goods industry group

16.57

Max: 59.38
Q3: 35.92
Median: 25.41
Q1: 19.47
NOC: 16.57
Min: 3.03

MasTec (MTZ) vs. Northrop Grumman (NOC): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

MasTec (MTZ) at 0.81 sits in the cheaper P/S ratio quartile while Northrop Grumman (NOC) at 1.71 prices around its industry’s middle — MTZ costs less per dollar of sales, though read it alongside growth and margins.

MTZ

Capital Goods industry group

0.81

Max: 7.54
Q3: 3.76
Median: 2.15
Q1: 1.03
MTZ: 0.81
Min: 0.03

NOC

Capital Goods industry group

1.71

Max: 7.54
Q3: 3.76
Median: 2.15
NOC: 1.71
Q1: 1.03
Min: 0.03

MasTec (MTZ) vs. Northrop Grumman (NOC): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both MasTec (MTZ) at 3.35 and Northrop Grumman (NOC) at 3.99 are valued close to their industries’ norm against book — neither stands out from peers.

MTZ

Capital Goods industry group

3.35

Max: 9.66
Q3: 5.00
MTZ: 3.35
Median: 3.12
Q1: 1.81
Min: -1.08

NOC

Capital Goods industry group

3.99

Max: 9.66
Q3: 5.00
NOC: 3.99
Median: 3.12
Q1: 1.81
Min: -1.08

MasTec (MTZ) vs. Northrop Grumman (NOC): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for MasTec (MTZ) and Northrop Grumman (NOC)
Metric	MTZ	NOC
P/E Ratio (TTM)	28.40	16.57
P/S Ratio (TTM)	0.81	1.71
P/B Ratio (MRQ)	3.35	3.99
Free Cash Flow Yield (TTM)	1.00%	4.21%