DEO vs. NOC
DEO (Diageo plc) and NOC (Northrop Grumman Corporation) are both stocks. DEO operates in Beverages - Wineries & Distilleries (Consumer Defensive), while NOC operates in Aerospace & Defense (Industrials). Over the past 10 years, DEO returned 0.50%/yr vs 11.53%/yr for NOC. At a 0.23 correlation, their price movements are largely independent.
Performance
DEO vs. NOC - Performance Comparison
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Returns By Period
In the year-to-date period, DEO achieves a -4.24% return, which is significantly lower than NOC's -2.75% return. Over the past 10 years, DEO has underperformed NOC with an annualized return of 0.50%, while NOC has yielded a comparatively higher 11.53% annualized return.
DEO
- 1D
- 0.83%
- 1M
- 0.12%
- YTD
- -4.24%
- 6M
- -7.27%
- 1Y
- -19.48%
- 3Y*
- -19.42%
- 5Y*
- -13.55%
- 10Y*
- 0.50%
NOC
- 1D
- -0.40%
- 1M
- 0.75%
- YTD
- -2.75%
- 6M
- -2.67%
- 1Y
- 8.17%
- 3Y*
- 8.64%
- 5Y*
- 9.73%
- 10Y*
- 11.53%
DEO vs. NOC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DEO Diageo plc | -4.24% | -29.31% | -10.09% | -16.28% | -17.40% | 41.72% | -3.26% | 21.39% | -0.43% | 44.13% |
NOC Northrop Grumman Corporation | -2.75% | 23.61% | 1.93% | -12.79% | 43.02% | 29.29% | -9.92% | 42.69% | -18.95% | 33.88% |
Correlation
The correlation between DEO and NOC is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since May 13, 1996 | 0.23 |
The correlation between DEO and NOC shifts across timeframes, from 0.09 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.
Fundamentals
DEO:
$45.62B
NOC:
$78.42B
DEO:
£9.85
NOC:
$31.95
DEO:
6.19
NOC:
17.22
DEO:
1.78
NOC:
2.54
DEO:
0.91
NOC:
1.86
DEO:
3.95
NOC:
4.58
DEO:
£37.37B
NOC:
$42.37B
DEO:
£22.42B
NOC:
$8.69B
DEO:
£10.72B
NOC:
$7.50B
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Return for Risk
DEO vs. NOC — Risk / Return Rank
DEO
NOC
DEO vs. NOC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Diageo plc (DEO) and Northrop Grumman Corporation (NOC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DEO | NOC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.13 | ||
| Sortino ratioReturn per unit of downside risk | -1.62 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.11 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | -0.59 | 0.40 | -0.99 |
| Martin ratioReturn relative to average drawdown | -1.05 | 1.02 | -2.07 |
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Drawdowns
DEO vs. NOC - Drawdown Comparison
The maximum DEO drawdown since its inception was -63.41%, smaller than the maximum NOC drawdown of -71.12%. Use the drawdown chart below to compare losses from any high point for DEO and NOC.
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Drawdown Indicators
| DEO | NOC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.41% | -71.12% | +7.71% |
Max Drawdown (1Y)Largest decline over 1 year | -35.52% | -31.20% | -4.32% |
Max Drawdown (3Y)Largest decline over 3 years | -56.07% | -31.20% | -24.87% |
Max Drawdown (5Y)Largest decline over 5 years | -63.41% | -31.20% | -32.21% |
Max Drawdown (10Y)Largest decline over 10 years | -63.41% | -36.38% | -27.03% |
Current DrawdownCurrent decline from peak | -58.28% | -28.03% | -30.25% |
Average DrawdownAverage peak-to-trough decline | -13.02% | -18.40% | +5.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.98% | 12.25% | +7.73% |
Volatility
DEO vs. NOC - Volatility Comparison
The current volatility for Diageo plc (DEO) is 6.98%, while Northrop Grumman Corporation (NOC) has a volatility of 7.39%. This indicates that DEO experiences smaller price fluctuations and is considered to be less risky than NOC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DEO | NOC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.98% | 7.39% | -0.41% |
Volatility (6M)Calculated over the trailing 6-month period | 26.52% | 21.25% | +5.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.17% | 26.55% | +5.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.74% | 25.28% | -0.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.39% | 25.42% | -2.03% |
Dividends
DEO vs. NOC - Dividend Comparison
DEO's dividend yield for the trailing twelve months is around 4.06%, more than NOC's 1.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DEO Diageo plc | 4.06% | 4.80% | 3.26% | 2.77% | 2.16% | 1.82% | 2.29% | 2.07% | 2.51% | 2.18% | 3.00% | 3.13% |
NOC Northrop Grumman Corporation | 1.71% | 1.58% | 1.72% | 1.57% | 1.24% | 1.59% | 1.86% | 1.50% | 1.92% | 1.27% | 1.50% | 1.64% |
Financials
DEO vs. NOC - Financials Comparison
This section allows you to compare key financial metrics between Diageo plc and Northrop Grumman Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
DEO vs. NOC - Profitability Comparison
DEO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Diageo plc reported a gross profit of 4.72B and revenue of 7.73B. Therefore, the gross margin over that period was 61.0%.
NOC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Northrop Grumman Corporation reported a gross profit of 1.96B and revenue of 9.88B. Therefore, the gross margin over that period was 19.8%.
DEO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Diageo plc reported an operating income of 2.41B and revenue of 7.73B, resulting in an operating margin of 31.1%.
NOC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Northrop Grumman Corporation reported an operating income of 989.00M and revenue of 9.88B, resulting in an operating margin of 10.0%.
DEO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Diageo plc reported a net income of 1.48B and revenue of 7.73B, resulting in a net margin of 19.1%.
NOC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Northrop Grumman Corporation reported a net income of 875.00M and revenue of 9.88B, resulting in a net margin of 8.9%.
Frequently Asked Questions
DEO and NOC have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NOC has higher volatility (7.39%) compared to DEO (6.98%). In terms of maximum drawdown, DEO dropped -63.41% vs NOC's -71.12%.
NOC currently has the higher Sharpe Ratio (0.47 vs -0.66), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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