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Lockheed Martin vs Northrop Grumman: which stock is doing better?

Lockheed Martin and Northrop Grumman are business rivals. Where they compete: aerospace and defense primes, stealth aircraft, space systems, C4ISR, missile defense. Here is how the two stocks, and the businesses behind them, compare over the past year.

Updated Oct 9, 2026

36
NOC P3

NOC ahead

On Stox’s P3 score, which combines market beat, staying power and business growth, Northrop Grumman rates 36 and Lockheed Martin 18. Over the past year Lockheed Martin is −1% and Northrop Grumman −25%, against +16% for the S&P 500. By type, Lockheed Martin is a Falling Knife and Northrop Grumman a Turning Up.

LMT P3 18NOC P3 36Both in Aerospace-defense

The past year

LMT against NOC, each set to $100 a year ago. Select a measure in the table below to chart it for both.

LMT against NOC, past year
$100 a year ago. LMT −1%, NOC −25%.
80100120NovDecJanFebMarAprMayJunJulAugSepOct
LMTNOC

LMT and NOC side by side

Ahead marks the stronger reading on each line; for the typical day and the deepest fall it marks the steadier stock. Select a row with a chart to see both over the year.

MeasureLMTNOCAhead
Past 3 months
Share price change
−2%−11%LMT
Past month
Share price change
−4%−7%LMT
Revenue growth
Past four quarters against the year before
+5%+5%Level
Operating margin
Operating profit as a share of revenue, past four quarters
10%11%NOC
Deepest fall
From a high, past year
−27%−38%LMT, held up
Market value
What the market values the company at
$117.6B$68.3B
Type
Its Stox Atlas type
Falling KnifeTurning Up
Group
Stocks it moves with
Aerospace-defenseAerospace-defenseSame group

How to read this page

How it’s measured. Scores from Stox rank each stock against about 1,200 large US stocks and funds, where 100 is best; P3 combines market beat, staying power and business growth. Returns are share-price changes. The typical day is the average true range over 14 days as a share of the price, averaged over the past year.

Sources. Daily prices and company financial statements from Financial Modeling Prep; scores and curated rivals from Stox.

A higher score describes a stronger past year, not what comes next.

Rivals are chosen by the markets the two businesses compete in, not by sector labels.

For financial statements, valuation and news, see LMT and NOC on Stox.

This page is information, not investment advice. About our data and methods ›

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