META vs. NOC
META (Meta Platforms, Inc.) and NOC (Northrop Grumman Corporation) are both stocks. META operates in Internet Content & Information (Communication Services), while NOC operates in Aerospace & Defense (Industrials). Over the past 10 years, META returned 17.58%/yr vs 11.47%/yr for NOC. At a 0.13 correlation, their price movements are largely independent.
Performance
META vs. NOC - Performance Comparison
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Returns By Period
In the year-to-date period, META achieves a -11.36% return, which is significantly lower than NOC's -3.04% return. Over the past 10 years, META has outperformed NOC with an annualized return of 17.58%, while NOC has yielded a comparatively lower 11.47% annualized return.
META
- 1D
- -0.14%
- 1M
- -4.11%
- YTD
- -11.36%
- 6M
- -10.87%
- 1Y
- -15.51%
- 3Y*
- 30.53%
- 5Y*
- 12.12%
- 10Y*
- 17.58%
NOC
- 1D
- 1.45%
- 1M
- 0.28%
- YTD
- -3.04%
- 6M
- 0.40%
- 1Y
- 13.41%
- 3Y*
- 8.28%
- 5Y*
- 9.82%
- 10Y*
- 11.47%
META vs. NOC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
META Meta Platforms, Inc. | -11.36% | 13.09% | 66.05% | 194.13% | -64.22% | 23.13% | 33.09% | 56.57% | -25.71% | 53.38% |
NOC Northrop Grumman Corporation | -3.04% | 23.61% | 1.93% | -12.79% | 43.02% | 29.29% | -9.92% | 42.69% | -18.95% | 33.88% |
Correlation
The correlation between META 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 | -0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.03 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since May 18, 2012 | 0.13 |
The correlation between META and NOC shifts across timeframes, from -0.11 (3 years) to 0.13 (all time), reflecting how their relationship changes across market environments.
Fundamentals
META:
$1.50T
NOC:
$78.19B
META:
$27.47
NOC:
$31.95
META:
21.28
NOC:
17.17
META:
0.88
NOC:
2.53
META:
6.99
NOC:
1.85
META:
6.15
NOC:
4.57
META:
$214.96B
NOC:
$42.37B
META:
$176.14B
NOC:
$8.69B
META:
$106.31B
NOC:
$7.50B
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Return for Risk
META vs. NOC — Risk / Return Rank
META
NOC
META vs. NOC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Meta Platforms, Inc. (META) 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.
| META | NOC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.95 | ||
| Sortino ratioReturn per unit of downside risk | -1.35 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.12 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | -0.47 | 0.43 | -0.90 |
| Martin ratioReturn relative to average drawdown | -0.99 | 1.13 | -2.12 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| META | NOC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.44 | 0.51 | -0.95 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | 0.39 | -0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | 0.45 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.46 | +0.06 |
Drawdowns
META vs. NOC - Drawdown Comparison
The maximum META drawdown since its inception was -76.74%, which is greater than NOC's maximum drawdown of -71.12%. Use the drawdown chart below to compare losses from any high point for META and NOC.
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Drawdown Indicators
| META | NOC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.74% | -71.12% | -5.62% |
Max Drawdown (1Y)Largest decline over 1 year | -33.30% | -31.20% | -2.10% |
Max Drawdown (3Y)Largest decline over 3 years | -34.15% | -31.20% | -2.95% |
Max Drawdown (5Y)Largest decline over 5 years | -76.74% | -31.20% | -45.54% |
Max Drawdown (10Y)Largest decline over 10 years | -76.74% | -36.38% | -40.36% |
Current DrawdownCurrent decline from peak | -25.83% | -28.25% | +2.42% |
Average DrawdownAverage peak-to-trough decline | -15.82% | -18.40% | +2.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.77% | 11.85% | +3.92% |
Volatility
META vs. NOC - Volatility Comparison
Meta Platforms, Inc. (META) has a higher volatility of 10.44% compared to Northrop Grumman Corporation (NOC) at 7.36%. This indicates that META's price experiences larger fluctuations and is considered to be riskier 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
| META | NOC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.44% | 7.36% | +3.08% |
Volatility (6M)Calculated over the trailing 6-month period | 26.88% | 21.17% | +5.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.49% | 26.46% | +9.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.05% | 25.27% | +18.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.69% | 25.42% | +13.27% |
Dividends
META vs. NOC - Dividend Comparison
META's dividend yield for the trailing twelve months is around 0.36%, less than NOC's 1.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
META Meta Platforms, Inc. | 0.36% | 0.32% | 0.34% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
META vs. NOC - Financials Comparison
This section allows you to compare key financial metrics between Meta Platforms, Inc. 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
META vs. NOC - Profitability Comparison
META - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Meta Platforms, Inc. reported a gross profit of 46.09B and revenue of 56.31B. Therefore, the gross margin over that period was 81.9%.
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%.
META - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Meta Platforms, Inc. reported an operating income of 22.87B and revenue of 56.31B, resulting in an operating margin of 40.6%.
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%.
META - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Meta Platforms, Inc. reported a net income of 26.77B and revenue of 56.31B, resulting in a net margin of 47.5%.
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
META 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.
META has higher volatility (10.44%) compared to NOC (7.36%). In terms of maximum drawdown, META dropped -76.74% vs NOC's -71.12%.
NOC currently has the higher Sharpe Ratio (0.51 vs -0.44), 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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