PerpEquities

Equity · Industrials

Northrop Grumman (NOC) perpetual futures

NOC perpetual futures on 6 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade NOCUSDT.

Northrop Grumman designs and builds aircraft, spacecraft, defense systems, and advanced technologies for aerospace and defense customers.

$523.72-4.5%NYSE closed
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Collecting venue price data...
venue perp mark · Bitget (NOC/USDT)
Auto: highest-volume live perp venueOpen in TradingView

Trading data

Perpetual market activity

6/6 live markets
Venues
6
Live markets
6/6
24h volume
$860.9K
Open interest
$401.7KCoverage: 4/6 markets
Best liquidity
$545.2K
BingX
Tightest spread
+0.2 bps
Gate.io
Highest volume
$356.4K
Bitget
Settlement mix
USDT · 5/6
Perp/spot vol.
0.00x
Spot volume $391.4M
OI / float
0.00%
Float $74.2B
Spot performance
1D-5.17%
5D-8.55%
1M+9.17%
6M-7.96%
YTD-8.48%
1Y-9.58%

Venue matrix

6 markets

Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.

Trade
BitgetTradeNOC/USDTTrading$524.20+54.8% APR
+0.050% every 8h
+5.7 bps-$356.4K$166.1KUSDT20x
BingXTradeNOC-USDTTrading$523.72-14.9% APR
-0.014% every 8h
+10.3 bps$545.2K$262.6K$5.2KUSDT-
MEXCTradeNOC/USDTTrading$524.42-14.9% APR
-0.014% every 8h
+40.2 bps$1.3K$135.6K$150.5KUSDT20x
Helix (Injective)TradeNOC/USDCTrading$523.83-24.1% APR
-0.00275% every 1h
--$60.8K-USDC12x
HTXTradeNOC/USDTTrading$524.01-+385.4 bps$0$43.3K-USDT-
Gate.ioTradeNOC/USDTTrading$529.140.0% APR
0.000% every 8h
+0.2 bps-$2.2K$79.9KUSDT20x

Tradability

Execution quality

Entry cost and depth per venue at $1k–$100k

Thin liquidity · 1 of 6 venues absorb $10k · Typical cost: +12.5 bps

Cheapest execution: BingX · +12.5 bps

Too thin: MEXC

No fresh book data: Bitget, Helix (Injective), HTX, Gate.io

Taker execution estimate incl. approx. fees - maker fills are not guaranteed.

Best venues for this underlying

Best liquidity

NOC

Tightest spread

NOC

Highest volume

NOC

Funding history

Stored venue snapshots by market

Company financials

Financials at a glance

Last report Q3 '26 · filed 2026-10-20 · next report 2027-01-26 · Updated 290h ago
All financials →

Valuation & key figures

Market cap
$78.3B
Updated 290h ago
Revenue
$43.6B
Trailing 12 months
Revenue growth
+5%
Next fiscal year
Profit margin
+10.4%
P/E
17.4
Peer P/E 25.0
P/S
1.8
Peer P/E
25.0
Similar listed perps
Free cash flow
$3.8B
Trailing 12 months
Net income
$4.5B
Trailing 12 months
Revenue estimate
$44.1B
Next fiscal year
Earnings
2027-01-26
Revenue est. $12.2B · Updated 290h ago
Dividend
$2.47
2026-08-31
Revenue (TTM)$43.6B+6.5% vs a year agoLast 4 quarters; bars = each quarter
Operating margin (TTM)10.1%-0.5 pp vs a year agoOperating income $4.39B
Net income (TTM)$4.52B+12.5% vs a year agoAfter tax, incl. non-operating gains
Free cash flow (TTM)$3.83B+108.8% vs a year agoCapex $1.44B
Diluted EPS (TTM)$31.70+14.0% vs a year agoSum of the last 4 quarters
Net cash-$12.9B+25.6% vs a year agoCash + short-term investments - debt
  • Last report (2026-10-20): revenue in line, EPS beat by 9.9%Revenue $11.1B vs $11.1B expected (-0.2%); EPS $7.89 vs $7.18 (+9.9%).
  • Revenue growth steady: 6.7% year on yearQ3 '26 revenue $11.1B, against an average of 5.8% over the four quarters before.
  • Operating margin 10.1% (TTM), -0.5 pp on a year agoOperating income grew 1.5% while revenue grew 6.5%.
  • 16.1% of pre-tax profit is non-operatingPre-tax income $5.24B vs operating income $4.39B (TTM). Gains on equity stakes and other one-off items lift net income and EPS - operating income is the cleaner measure of the business.

Revenue, operating income and growth

quarterly

Revenue by business line

latest quarter
LineRevenuey/yShare
Defense Systems$2.31B+12.0%19.6%
Aeronautics Systems$3.58B+13.8%30.3%
Space Systems$2.75B+1.9%23.3%
Mission Systems$3.16B+2.0%26.8%
In the full financialsIncome statement, balance sheet and cash flow (12 quarters / 10 years) · margins and cost structure · capital allocation and buybacks · valuation against the 5-year range · analyst estimates · all 244 lines Northrop Grumman Corporation reported to the SEC

Next catalyst

Catalysts

Earnings
2027-01-26
Revenue est. $12.2B · Updated 290h ago
Dividend
$2.47
2026-08-31

No unusual perp activity right now.

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 202629.37$44.1B+5%13
FY 202730.02$47B+12%17
FY 202832.68$50.2B+20%18
FY 202935.37$52.9B+26%9
FY 203037.88$55.8B+33%8
Q1 20276.51$10.5B+6%6

Company events

6
2027-01-26EarningsActual - / Estimate 7.91-
2026-10-20Earnings · Before market openActual 7.89 / Estimate 7.18Beat
2026-08-31Dividend$2.47-
2026-07-21EarningsActual 7.68 / Estimate 6.82Beat
2026-06-01Dividend$2.47-
2026-04-21EarningsActual 6.14 / Estimate 6.06Beat

Peer comparison

Similar listed perps

Company data

Company intelligence

Updated: Nov 2, 2026, 03:50 PM UTC

Company profile

Sector
Industrials
Industry
Aerospace & Defense
Chief executive
Kathy J. Warden
Employees
95,000
IPO date
Dec 31, 1981
Country
US
Exchange
New York Stock Exchange
Website
Altman Z-scorei3.18
Piotroski scorei8/9
Overall ratingiA-
Owner earningsi$1.63B$11.47 per share
ESG risk ratingiB+Industry rank: 3 out of 100

Rating factors

Return on equityi
5
Return on assetsi
5
Debt to equityi
2
Price to earningsi
3
Price to booki
2
Market cap history
$79.23B+1.7%Aug 26 – Oct 26
$67.66B$74.89B$82.12BHigh: $82.12B · 2026-08-10Low: $67.66B · 2026-10-05Latest: $79.23B · 2026-10-30Aug 26Sep 26Oct 26
Latest: $79.23B · 2026-10-30High: $82.12B · 2026-08-10Low: $67.66B · 2026-10-05
Largest fund holders
FundWeightShares held
VCPA.S0.16%7.4M
VTI0.09%4.5M
VSCA.S0.13%4M
VOO0.1%3.5M
IVV0.11%1.8M
XSP.TO0.11%1.8M
SPY0.11%1.6M
FXAIX0.1%1.5M
VTV0.26%1.4M
VWELX0.48%1.2M
VEIPX0.85%1.1M
ITA5.06%1.1M

Analyst track record

How the analysts covering NOC have done: ratings, price-target accuracy and the measured reaction after their calls.

12 months3 years
Ratings119312
Analysts2430
Buy / hold / sell76 / 40 / 3173 / 131 / 8
Upgrades / downgrades / initiations2 / 2 / 812 / 9 / 11
Price targets hit / missed15 / 92 (14%)114 / 175 (39%)
Avg. return after a rating (TipRanks)-14.5%-3.4%
Best / worst call+34.2% / -31.0%+46.1% / -31.0%

After buy calls on this stock: median 21-day move 0.0% vs S&P 500 -2.1% (n = 169)

Most accurate on this stock

Share of an analyst's price targets on this stock that the price reached within 12 months (our measurement over the last 3 years, at least 8 targets). It describes past calls, not the odds of the current one.

  1. Kenneth HerbertRBC Capital100% hit rate on this stock · 8 targets measuredHoldtarget $550Oct 20, 2026
  2. Charles MinervinoSusquehanna88% hit rate on this stock · 8 targets measuredBuytarget $655Oct 20, 2026
  3. Kristine LiwagMorgan Stanley73% hit rate on this stock · 15 targets measuredBuytarget $765Oct 21, 2026

Latest ratings

DateAnalystCallTarget
Oct 28, 2026Ronald EpsteinBank of America SecuritiesBuyReiterated$750
Oct 26, 2026Douglas HarnedBernsteinHoldMaintained$590
Oct 26, 2026Douglas HarnedBernsteinHoldMaintained$590
Oct 26, 2026Seth SeifmanJ.P. MorganHoldReiterated$605
Oct 26, 2026Seth SeifmanJ.P. MorganHoldReiterated$605
Consensus over the last 12 months buy hold sell avg. target month-end close
Monthly buy, hold and sell shares of analyst ratings with the average price target and the month-end close$500$550$600$650$700$750Dec 25 · Buy 12 · Hold 6 · Sell 0Dec 25Jan 26 · Buy 11 · Hold 4 · Sell 0Feb 26 · Buy 12 · Hold 5 · Sell 0Feb 26Mar 26 · Buy 13 · Hold 5 · Sell 0Apr 26 · Buy 13 · Hold 6 · Sell 0Apr 26May 26 · Buy 12 · Hold 6 · Sell 0Jun 26 · Buy 11 · Hold 6 · Sell 0Jun 26Jul 26 · Buy 10 · Hold 6 · Sell 0Aug 26 · Buy 10 · Hold 6 · Sell 0Aug 26Sep 26 · Buy 12 · Hold 6 · Sell 0Oct 26 · Buy 13 · Hold 6 · Sell 2Oct 26Nov 26 · Buy 13 · Hold 6 · Sell 2Dec 25 · avg. target $659Jan 26 · avg. target $741Feb 26 · avg. target $740Mar 26 · avg. target $745Apr 26 · avg. target $731May 26 · avg. target $708Jun 26 · avg. target $700Jul 26 · avg. target $640Aug 26 · avg. target $641Sep 26 · avg. target $635Oct 26 · avg. target $626Nov 26 · avg. target $626Dec 25 · month-end close $570Jan 26 · month-end close $692Feb 26 · month-end close $724Mar 26 · month-end close $682Apr 26 · month-end close $579May 26 · month-end close $564Jun 26 · month-end close $509Jul 26 · month-end close $542Aug 26 · month-end close $540Sep 26 · month-end close $483Oct 26 · month-end close $558Nov 26 · month-end close $558

Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.

TipRanks data · computed Oct 30, 2026 · 119 ratings

Frequently asked questions

Where can I trade NOC perpetual futures?

Northrop Grumman (NOC) perpetual futures trade on 6 crypto venues, including Bitget, BingX, MEXC. PerpEquities compares them by live price, funding rate, open interest and liquidity.

Can I trade NOC around the clock?

Yes. Unlike the underlying stock, NOC perpetuals trade 24/7 — including weekends and outside regular market hours.

What is the funding rate on NOC perpetuals?

Right now the NOC perp funding rate is -14.9% annualized (venue median), ranging from -24.1% to +54.8% across 6 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.

How does the NOC perp price compare to the Northrop Grumman stock?

The venue-median NOC perp mark is $524.1 versus a reference stock price of $523.7, a basis of +0.1%. Perps follow the stock through an index price; the gap widens when funding or liquidity diverge between venues.

What is a NOC perpetual future?

A NOC perpetual is a derivative that tracks the price of Northrop Grumman with no expiry date. It lets you take long or short exposure to Northrop Grumman on crypto venues, around the clock.

What is NOCUSDT perpetual?

NOCUSDT is the symbol most crypto exchanges use for the Northrop Grumman perpetual settled in USDT (Tether). It tracks the NOC share price through an index, trades 24/7 with leverage and never expires.

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