Northrop Return on Average Equity Trend from 2010 to 2022

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 Stock
  

USD 477.59  0.45  0.09%   

Northrop Grumman Return on Average Equity is increasing over the years with slightly volatile fluctuation. Ongoing Return on Average Equity is projected to grow to 64.31 this year. From 2010 to 2022 Northrop Grumman Return on Average Equity quarterly data regression line had arithmetic mean of 32.79 and r-squared of  0.72. Northrop Grumman Net Income is projected to increase significantly based on the last few years of reporting. The past year's Net Income was at 7 Billion. The current year Weighted Average Shares is expected to grow to about 203.7 M, whereas Direct Expenses is forecasted to decline to about 24.4 B.
  
Check Northrop Grumman financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Northrop main balance sheet or income statement drivers, such as Direct Expenses of 24.4 B, Consolidated Income of 3.3 B or Cost of Revenue of 30.2 B, as well as many exotic indicators such as Interest Coverage of 9.34, Long Term Debt to Equity of 0.96 or Calculated Tax Rate of 25.73. Northrop financial statements analysis is a perfect complement when working with Northrop Grumman Valuation or Volatility modules. It can also supplement Northrop Grumman's financial leverage analysis and stock options assessment as well as various Northrop Grumman Technical models . Additionally, see the analysis of Northrop Grumman Correlation against competitors.

Northrop Return on Average Equity Breakdown

Showing smoothed Return on Average Equity of Northrop Grumman Corp with missing and latest data points interpolated. Return on equity measures a corporation's profitability by calculating the amount of Net Income Common Stock returned as a percentage of [EquityAvg].Northrop Grumman's Return on Average Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Northrop Grumman's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 45.72 %10 Years Trend
Increasing
Slightly volatile
   Return on Average Equity   
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       Timeline  

Northrop Return on Average Equity Regression Statistics

Arithmetic Mean 32.79
Geometric Mean 29.80
Coefficient Of Variation 47.17
Mean Deviation 11.70
Median 31.20
Standard Deviation 15.46
Sample Variance 239.16
Range 48.66
R-Value 0.85
Mean Square Error 72.43
R-Squared 0.72
Significance 0.00023375
Slope 3.38
Total Sum of Squares 2,870

Northrop Return on Average Equity History

2012 19.93
2013 19.39
2014 23.18
2015 31.2
2016 40.81
2017 32.75
2018 42.39
2019 26.44
2020 32.88
2021 59.6
2022 64.31

About Northrop Grumman Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Northrop Grumman income statement, its balance sheet, and the statement of cash flows. Northrop Grumman investors use historical funamental indicators, such as Northrop Grumman's Return on Average Equity, to determine how well the company is positioned to perform in the future. Although Northrop Grumman investors may use each financial statement separately, they are all related. The changes in Northrop Grumman's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Northrop Grumman's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Northrop Grumman Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Northrop Grumman. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Return on Average Equity 59.60  64.31 
Average Assets50.6 B44.1 B
Average EquityB8.5 B
Invested Capital Average29.9 B23.9 B
Northrop Grumman Corporation operates as an aerospace and defense company worldwide. The company was founded in 19 and is based in Falls Church, Virginia. Northrop Grumman operates under Aerospace Defense classification in the United States and is traded on New York Stock Exchange. It employs 88000 people.

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Additionally, see the analysis of Northrop Grumman Correlation against competitors. Note that the Northrop Grumman Corp information on this page should be used as a complementary analysis to other Northrop Grumman's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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Is Northrop Grumman's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northrop Grumman. If investors know Northrop will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northrop Grumman listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.056
Market Capitalization
73.9 B
Quarterly Revenue Growth YOY
-0.038
Return On Assets
0.11
Return On Equity
0.46
The market value of Northrop Grumman Corp is measured differently than its book value, which is the value of Northrop that is recorded on the company's balance sheet. Investors also form their own opinion of Northrop Grumman's value that differs from its market value or its book value, called intrinsic value, which is Northrop Grumman's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northrop Grumman's market value can be influenced by many factors that don't directly affect Northrop Grumman's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northrop Grumman's value and its price as these two are different measures arrived at by different means. Investors typically determine Northrop Grumman value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northrop Grumman's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.