S&P 500 comparison · Industrials

GE Aerospace vs Northrop Grumman

Prices at close . Model readings .

GE Aerospace

$301.13+1.17%
Month: negativeLong run: negative

Northrop Grumman

$552.77+0.28%
Month: negativeLong run: neutral
Price change

Price change, with the S&P 500 as a benchmark

Percent change in each close since the start of the chosen range, for both companies and the S&P 500 (SPY). Daily closes over the last year, weekly before that and monthly before five years.

In short

How the two compare

On the latest closes (28 Oct 2026), GE Aerospace is the larger company by market value ($313.48B against $78.71B). Over the past year GE Aerospace returned −3.4% and Northrop Grumman −6.2%, while the S&P 500 returned +12.7%. The latest filed P/E is 36.8 for GE Aerospace and 16.4 for Northrop Grumman, and the operating margin 5.5% against 11.4%. Over the next 21 sessions the model expects −0.05% for GE Aerospace, with a 50% chance of a rise, and −0.44% for Northrop Grumman, with a 26% chance. GE Aerospace's long-run fair value is $196.46, a gap of −34.8% to its price; the long-run model view is negative. Northrop Grumman's long-run fair value is $591.51, a gap of +7% to its price; the long-run model view is neutral.

Model view

What the model expects

Expected returns and the chance of a rise from our forecasting models, and the long-run fair value against the price. Readings, not advice.

Model readings:
Expected returnnext 21 sessions
GE−0.05%
NOC−0.44%
Chance of a risenext 21 sessions
GE50%
NOC26%
Expected returnnext 63 sessions
GE+1.47%
NOC+0.99%
Range of outcomes63 sessions, 80% band
GE−17.9% to +20.9%
NOC−19.2% to +21.2%
Chance of a risenext 63 sessionsMembers only · see plans
Long-run fair valueintrinsic value model
GE$196.4628 Oct 2026
NOC$591.5128 Oct 2026
Gap to pricefair value against the close
GE−34.8%
NOC+7%
Past readings that matchedsign of the 21-session outcome
GE59.5%of 269
NOC51.7%of 269
Price performance

How the prices moved

Price change over each period, with the S&P 500 (SPY) for comparison.

Closes to
1 monthS&P 500: +1.1%
GE−5.3%
NOC+9.5%
6 monthsS&P 500: +8.5%
GE+6.3%
NOC−3%
Year to dateS&P 500: +13.3%
GE−2%
NOC−2.3%
1 yearS&P 500: +12.7%
GE−3.4%
NOC−6.2%
5 yearsS&P 500: +70.7%
GE+366.7%
NOC+48.9%
1 year against the S&P 500percentage points
GE−16.1 pts
NOC−18.9 pts
Position in the 52-week range0% low, 100% high
GE27%close $301.13 in $268.58 to $388.84
NOC28%close $552.77 in $470.06 to $770.61
Against the 200-day average
GE−6.6%
NOC−6.3%
Valuation

What the market pays

Size and the multiples from the latest filed quarter. A P/E on losses reads n/m.

Filings: quarter to
Market value
GE$313.48B28 Oct 2026
NOC$78.71B28 Oct 2026
Enterprise valueat the last filing
GE$342.11B30 Sep 2026
NOC$79.54B30 Sep 2026
P/Elatest filed
GE36.8
NOC16.4
Price to book
GE18.31
NOC3.69
EV / EBITDA
GE114.46
NOC13.23
Free cash flow yield
GE2.47%
NOC4.85%
Dividend yield
GE0.07%
NOC1.98%
Questions

GE Aerospace or Northrop Grumman: common questions

Which is larger by market value, GE Aerospace or Northrop Grumman?

GE Aerospace, at $313.48B against $78.71B for Northrop Grumman, on the latest closes (28 Oct 2026).

Which has the higher P/E ratio, GE Aerospace or Northrop Grumman?

GE Aerospace has the higher latest filed P/E, 36.8; Northrop Grumman's is 16.4. Filings: quarter to 30 Sep 2026.

How did GE Aerospace and Northrop Grumman move over the past year against the S&P 500?

Over the past year GE Aerospace returned −3.4% and Northrop Grumman −6.2%, while the S&P 500 returned +12.7%. Prices at close 28 Oct 2026.

What does the model expect for GE Aerospace and Northrop Grumman over the next month?

−0.05% for GE Aerospace with a 50% chance of a rise, and −0.44% for Northrop Grumman with a 26% chance, over the next 21 sessions. Model readings 28 Oct 2026. These are model readings, not advice.

How do the operating margins of GE Aerospace and Northrop Grumman compare?

The operating margin is 5.5% for GE Aerospace and 11.4% for Northrop Grumman. Filings: quarter to 30 Sep 2026.

Do GE Aerospace and Northrop Grumman shares move together?

Over the past year the correlation of their daily returns was 0.25 (loosely together); 1 means they always move together, 0 unrelated, −1 opposite. Prices at close 28 Oct 2026.

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The two company pagesGE Aerospace (GE) forecast and analysisNorthrop Grumman (NOC) forecast and analysis
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Model readings are research estimates, not investment advice. Prices: daily closes. Fundamentals: the latest SEC filings. Short interest: FINRA, settlement 30 Sep 2026. A dash means the figure is not in our data; it is never shown as zero. The model view follows a published rule: next month by the sign of the expected return, the long run positive at a fair value 10% or more above the price and negative at 10% or more below it.