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GE Aerospace vs Northrop Grumman

GE Aerospace and Northrop Grumman are similar in size: $45.85bn and $41.95bn of revenue in their latest fiscal years. GE Aerospace grew faster (18.5% against 2.2%). GE Aerospace kept more of each dollar of sales as profit: a net margin of 19.0% against 10.0%. Northrop Grumman carries less debt relative to equity (94.7% against 109.7%).

Latest fiscal yearGE AerospaceGE, 2025Northrop GrummanNOC, 2025
Revenue $45.85bn $41.95bn
Revenue growth 18.5% 2.2%
Net income $8.70bn $4.18bn
Operating margin — 10.8%
Net margin 19.0% 10.0%
Return on equity 45.8% 26.2%
Free cash flow $7.26bn $3.31bn
Cash $12.39bn $4.40bn
Total debt $20.49bn $15.80bn
Debt to equity 109.7% 94.7%
Dividend per share $1.44 $8.99
Dividend yield 0.5% 1.7%
Share buybacks $7.55bn $1.62bn
Employees 57,000 95,000
Market value $326.31bn $78.89bn
Price vs our value range Above our value range Above our value range
Moat score 31 (Weak) 74 (Strong)
Insider trades, 12 months 1 buys, 15 sales 0 buys, 61 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.