NOC FCF Yield Analysis
Updated 417h ago·SEC filings & market data
Key Takeaway
A 4.0% FCF yield means the company generates free cash flow equal to 4.0% of its stock market value, a measure of the cash return available to investors.
Sector Performance
47th percentileNOC
4.0%
Sector Median
4.2%
Sector Avg
9.2%
Prior Period
4.1%(Aug 2026)
Deep Analysis
A 4.0% FCF yield means the company generates free cash flow equal to 4.0% of its stock market value, a measure of the cash return available to investors.
This sits just below the sector median of 4.1%, placing NOC at the 48th percentile among peers, so it is essentially in line with the field. The yield is decreasing: the quarter-over-quarter change is -2.4%, while the year-over-year change is not available, and historical values show a steady drop from 4.3% to 4.0% over four periods. The combination of a near-median level with a downward trend suggests diminishing cash return relative to price, pointing to moderately higher risk for investors seeking income. This metric supports the overall NEUTRAL verdict, as the yield is neither notably cheap nor expensive, but the decreasing direction warrants caution.
Frequently Asked Questions
What does the FCF Yield tell investors about NOC?
One of the purest measures of value. High FCF yield means the company generates a lot of cash relative to its price — favoured by value investors.
How is the FCF Yield calculated?
FCF Yield is calculated as: Free Cash Flow / Market Cap.
Who are NOC's closest peers by FCF Yield?
The closest peers by FCF Yield include: JACK (23.5%), BBWI (23.7%), YELP (25.7%), MET (27.9%), WIX (29.2%).
Learn More About FCF Yield
Understanding Free Cash Flow
Free cash flow is the lifeblood of any business. In this post, we explore why it matters more than net income for long-term investors.
Free Cash Flow Yield: Why It Matters More Than Earnings Per Share
EPS is accounting. FCF is reality. Here's how to calculate free cash flow yield, why Warren Buffett prioritizes it, and how to use it to spot genuinely profitable companies.
The Formula
Free Cash Flow / Market Cap
Why It Matters
One of the purest measures of value. High FCF yield means the company generates a lot of cash relative to its price — favoured by value investors.
Master NOC's Valuation
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4.0%
Sector Median
4.2%
Sector Avg
9.2%
How NOC's FCF Yield compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.