NOC vs. NXT: Northrop Grumman vs. Nextracker Stock Comparison

Company Profile

Northrop Grumman (NOC) and Nextracker (NXT) both fall under the Capital Goods industry group, but NOC is classified in Aerospace & Defense while NXT is classified in Electrical Equipment.

Northrop Grumman (NOC) has more than two decades of public-market history since December 31, 1981, whereas Nextracker (NXT) listed on February 9, 2023 and has a much shorter record to draw on.

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. Nextracker (NXT) has a non-negative beta of 1.66.

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Both Northrop Grumman (NOC) at 26.07% and Nextracker (NXT) at 26.46% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

Nextracker (NXT) at 15.98% retains a top-quartile share of revenue as profit, ahead of Northrop Grumman (NOC) at 10.37%, which keeps about the industry-typical share.

Nextracker (NXT) at 20.06% 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

Nextracker (NXT) at 20.28% 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 NXT.

Both Northrop Grumman (NOC) at 2.61% and Nextracker (NXT) at 10.66% 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

Nextracker (NXT) at 2.23 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.

Nextracker (NXT) at 0.02 keeps leverage in the lower industry quartile, while Northrop Grumman (NOC) at 0.93 runs a more typical debt-to-equity mix.

Financial Strength Metrics

Dividends

Nextracker (NXT) 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.

Nextracker (NXT) 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 Nextracker (NXT) at 26.42 is closer to its industry’s usual earnings multiple — a discount for NOC, though growth and earnings durability still matter.

Northrop Grumman (NOC) at 1.71 is priced about in line with its industry on P/S ratio, while Nextracker (NXT) at 4.17 sits in the pricier quartile — NXT costs more per dollar of sales.

Northrop Grumman (NOC) at 3.99 is valued about in line with its industry on P/B ratio, while Nextracker (NXT) at 5.98 carries an above-peer premium to book — NXT is pricier on assets.

Valuation Metrics