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

Updated on August 24, 2025

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

Company Profile

Symbol	NOC	OC
Company Name	Northrop Grumman Corporation	Owens Corning
Country	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry	Aerospace & Defense	Building Products
Market Capitalization	84.84 billion USD	12.43 billion USD
Exchange	NYSE	NYSE
Listing Date	December 31, 1981	November 1, 2006
Security Type	Common Stock	Common Stock

Historical Performance

This chart compares the performance of NOC and OC 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.

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

Historical Performance at a Glance

Symbol	NOC	OC
5-Day Price Return	1.51%	-2.10%
13-Week Price Return	25.77%	4.43%
26-Week Price Return	30.21%	-16.51%
52-Week Price Return	17.36%	-8.57%
Month-to-Date Return	2.76%	6.61%
Year-to-Date Return	26.26%	-12.72%
10-Day Avg. Volume	0.67M	0.83M
3-Month Avg. Volume	0.95M	0.88M
3-Month Volatility	24.83%	33.62%
Beta	0.09	1.35

Profitability

Return on Equity (TTM)

NOC

26.09%

Aerospace & Defense Industry

Max: 43.89%
Q3: 22.42%
Median: 12.50%
Q1: 5.21%
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.

OC

6.42%

Building Products Industry

Max: 48.58%
Q3: 27.65%
Median: 16.01%
Q1: 8.81%
Min: -6.66%

OC’s Return on Equity of 6.42% is in the lower quartile for the Building Products industry. This indicates a less efficient generation of profit from its equity base when compared to its competitors.

NOC vs. OC: A comparison of their Return on Equity (TTM) against their respective Aerospace & Defense and Building Products industry benchmarks.

Net Profit Margin (TTM)

NOC

9.74%

Aerospace & Defense Industry

Max: 14.54%
Q3: 8.08%
Median: 6.17%
Q1: 2.49%
Min: -1.63%

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.

OC

2.98%

Building Products Industry

Max: 26.11%
Q3: 15.09%
Median: 9.48%
Q1: 5.16%
Min: -3.43%

Falling into the lower quartile for the Building Products industry, OC’s Net Profit Margin of 2.98% indicates weaker profitability. This means the company retains a smaller portion of each dollar in sales as profit compared to its competitors.

NOC vs. OC: A comparison of their Net Profit Margin (TTM) against their respective Aerospace & Defense and Building Products industry benchmarks.

Operating Profit Margin (TTM)

NOC

10.39%

Aerospace & Defense Industry

Max: 16.63%
Q3: 10.38%
Median: 8.29%
Q1: 6.21%
Min: 0.95%

An Operating Profit Margin of 10.39% places NOC in the upper quartile for the Aerospace & Defense industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.

OC

10.56%

Building Products Industry

Max: 26.67%
Q3: 18.75%
Median: 14.89%
Q1: 8.70%
Min: -1.00%

OC’s Operating Profit Margin of 10.56% is around the midpoint for the Building Products industry, indicating that its efficiency in managing core business operations is typical for the sector.

NOC vs. OC: A comparison of their Operating Profit Margin (TTM) against their respective Aerospace & Defense and Building Products industry benchmarks.

Profitability at a Glance

Symbol	NOC	OC
Return on Equity (TTM)	26.09%	6.42%
Return on Assets (TTM)	8.07%	2.30%
Net Profit Margin (TTM)	9.74%	2.98%
Operating Profit Margin (TTM)	10.39%	10.56%
Gross Profit Margin (TTM)	19.33%	29.56%

Financial Strength

Current Ratio (MRQ)

NOC

1.04

Aerospace & Defense Industry

Max: 3.09
Q3: 1.98
Median: 1.23
Q1: 1.03
Min: 0.02

NOC’s Current Ratio of 1.04 aligns with the median group of the Aerospace & Defense industry, indicating that its short-term liquidity is in line with its sector peers.

OC

1.52

Building Products Industry

Max: 2.87
Q3: 2.03
Median: 1.60
Q1: 1.32
Min: 0.88

OC’s Current Ratio of 1.52 aligns with the median group of the Building Products industry, indicating that its short-term liquidity is in line with its sector peers.

NOC vs. OC: A comparison of their Current Ratio (MRQ) against their respective Aerospace & Defense and Building Products industry benchmarks.

Debt-to-Equity Ratio (MRQ)

NOC

1.02

Aerospace & Defense Industry

Max: 1.70
Q3: 1.04
Median: 0.68
Q1: 0.41
Min: 0.00

NOC’s Debt-to-Equity Ratio of 1.02 is typical for the Aerospace & Defense industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

OC

1.07

Building Products Industry

Max: 1.64
Q3: 1.02
Median: 0.66
Q1: 0.32
Min: 0.00

OC’s leverage is in the upper quartile of the Building Products industry, with a Debt-to-Equity Ratio of 1.07. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.

NOC vs. OC: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Aerospace & Defense and Building Products industry benchmarks.

Interest Coverage Ratio (TTM)

NOC

9.08

Aerospace & Defense Industry

Max: 36.57
Q3: 19.90
Median: 7.04
Q1: 2.40
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.

OC

5.32

Building Products Industry

Max: 72.12
Q3: 34.39
Median: 15.31
Q1: 6.06
Min: 0.85

In the lower quartile for the Building Products industry, OC’s Interest Coverage Ratio of 5.32 indicates a tighter cushion for servicing debt, suggesting less financial flexibility than many of its competitors.

NOC vs. OC: A comparison of their Interest Coverage Ratio (TTM) against their respective Aerospace & Defense and Building Products industry benchmarks.

Financial Strength at a Glance

Symbol	NOC	OC
Current Ratio (MRQ)	1.04	1.52
Quick Ratio (MRQ)	0.85	0.95
Debt-to-Equity Ratio (MRQ)	1.02	1.07
Interest Coverage Ratio (TTM)	9.08	5.32

Growth

Revenue Growth

NOC vs. OC: 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

NOC vs. OC: 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)

NOC

1.46%

Aerospace & Defense Industry

Max: 2.03%
Q3: 1.22%
Median: 0.43%
Q1: 0.00%
Min: 0.00%

With a Dividend Yield of 1.46%, NOC offers a more attractive income stream than most of its peers in the Aerospace & Defense industry, signaling a strong commitment to shareholder returns.

OC

1.77%

Building Products Industry

Max: 2.56%
Q3: 1.94%
Median: 1.04%
Q1: 0.66%
Min: 0.00%

OC’s Dividend Yield of 1.77% is consistent with its peers in the Building Products industry, providing a dividend return that is standard for its sector.

NOC vs. OC: A comparison of their Dividend Yield (TTM) against their respective Aerospace & Defense and Building Products industry benchmarks.

Dividend Payout Ratio (TTM)

NOC

31.28%

Aerospace & Defense Industry

Max: 83.87%
Q3: 49.90%
Median: 16.48%
Q1: 0.00%
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.

OC

16.23%

Building Products Industry

Max: 157.36%
Q3: 77.74%
Median: 29.49%
Q1: 16.25%
Min: 0.00%

OC’s Dividend Payout Ratio of 16.23% is in the lower quartile for the Building Products industry. This suggests a conservative dividend policy, with a strategic focus on reinvesting profits for future growth.

NOC vs. OC: A comparison of their Dividend Payout Ratio (TTM) against their respective Aerospace & Defense and Building Products industry benchmarks.

Dividend at a Glance

Symbol	NOC	OC
Dividend Yield (TTM)	1.46%	1.77%
Dividend Payout Ratio (TTM)	31.28%	16.23%

Valuation

Price-to-Earnings Ratio (TTM)

NOC

21.37

Aerospace & Defense Industry

Max: 65.97
Q3: 54.11
Median: 34.53
Q1: 23.66
Min: 0.00

In the lower quartile for the Aerospace & Defense industry, NOC’s P/E Ratio of 21.37 suggests the stock may be undervalued compared to its peers, potentially presenting an attractive entry point for investors.

OC

37.71

Building Products Industry

Max: 66.79
Q3: 37.37
Median: 21.86
Q1: 17.57
Min: 9.70

A P/E Ratio of 37.71 places OC in the upper quartile for the Building Products industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.

NOC vs. OC: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Aerospace & Defense and Building Products industry benchmarks.

Price-to-Sales Ratio (TTM)

NOC

2.08

Aerospace & Defense Industry

Max: 8.07
Q3: 4.49
Median: 2.42
Q1: 1.39
Min: 0.00

NOC’s P/S Ratio of 2.08 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.

OC

1.12

Building Products Industry

Max: 6.40
Q3: 3.25
Median: 1.65
Q1: 1.11
Min: 0.34

OC’s P/S Ratio of 1.12 aligns with the market consensus for the Building Products industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

NOC vs. OC: A comparison of their Price-to-Sales Ratio (TTM) against their respective Aerospace & Defense and Building Products industry benchmarks.

Price-to-Book Ratio (MRQ)

NOC

4.65

Aerospace & Defense Industry

Max: 13.67
Q3: 7.92
Median: 4.65
Q1: 2.68
Min: 0.82

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.

OC

2.27

Building Products Industry

Max: 13.31
Q3: 6.85
Median: 3.20
Q1: 1.71
Min: 0.73

OC’s P/B Ratio of 2.27 is within the conventional range for the Building Products 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 vs. OC: A comparison of their Price-to-Book Ratio (MRQ) against their respective Aerospace & Defense and Building Products industry benchmarks.

Valuation at a Glance

Symbol	NOC	OC
Price-to-Earnings Ratio (TTM)	21.37	37.71
Price-to-Sales Ratio (TTM)	2.08	1.12
Price-to-Book Ratio (MRQ)	4.65	2.27
Price-to-Free Cash Flow Ratio (TTM)	26.94	10.77