NOC vs. HII
NOC (Northrop Grumman Corporation) and HII (Huntington Ingalls Industries, Inc) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 10 years, NOC returned 11.31%/yr vs 8.04%/yr for HII. A 0.56 correlation means they provide meaningful diversification when combined.
Performance
NOC vs. HII - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NOC achieves a -4.43% return, which is significantly higher than HII's -13.42% return. Over the past 10 years, NOC has outperformed HII with an annualized return of 11.31%, while HII has yielded a comparatively lower 8.04% annualized return.
NOC
- 1D
- -0.66%
- 1M
- -1.15%
- YTD
- -4.43%
- 6M
- -1.56%
- 1Y
- 12.23%
- 3Y*
- 7.76%
- 5Y*
- 9.49%
- 10Y*
- 11.31%
HII
- 1D
- -0.27%
- 1M
- -7.20%
- YTD
- -13.42%
- 6M
- -6.79%
- 1Y
- 31.22%
- 3Y*
- 13.06%
- 5Y*
- 8.07%
- 10Y*
- 8.04%
NOC vs. HII - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NOC Northrop Grumman Corporation | -4.43% | 23.61% | 1.93% | -12.79% | 43.02% | 29.29% | -9.92% | 42.69% | -18.95% | 33.88% |
HII Huntington Ingalls Industries, Inc | -13.42% | 84.17% | -25.67% | 15.16% | 26.33% | 12.11% | -30.46% | 34.00% | -18.21% | 29.48% |
Correlation
The correlation between NOC and HII is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Mar 22, 2011 | 0.56 |
The correlation between NOC and HII has been stable across timeframes, ranging from 0.53 to 0.60 - a consistent structural relationship.
Fundamentals
NOC:
$77.07B
HII:
$11.49B
NOC:
$31.95
HII:
$15.37
NOC:
16.93
HII:
19.02
NOC:
2.50
HII:
4.42
NOC:
1.83
HII:
0.90
NOC:
4.50
HII:
2.23
NOC:
$42.37B
HII:
$12.85B
NOC:
$8.69B
HII:
$3.34B
NOC:
$7.50B
HII:
$1.07B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NOC vs. HII — Risk / Return Rank
NOC
HII
NOC vs. HII - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Northrop Grumman Corporation (NOC) and Huntington Ingalls Industries, Inc (HII). 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.
| NOC | HII | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -0.54 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.19 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.39 | 0.86 | -0.47 |
| Martin ratioReturn relative to average drawdown | 1.05 | 2.78 | -1.73 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| NOC | HII | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.47 | 0.90 | -0.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.38 | 0.26 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | 0.26 | +0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.56 | -0.11 |
Drawdowns
NOC vs. HII - Drawdown Comparison
The maximum NOC drawdown since its inception was -71.12%, which is greater than HII's maximum drawdown of -49.70%. Use the drawdown chart below to compare losses from any high point for NOC and HII.
Loading charts...
Drawdown Indicators
| NOC | HII | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.12% | -49.70% | -21.42% |
Max Drawdown (1Y)Largest decline over 1 year | -31.20% | -36.35% | +5.15% |
Max Drawdown (3Y)Largest decline over 3 years | -31.20% | -45.21% | +14.01% |
Max Drawdown (5Y)Largest decline over 5 years | -31.20% | -45.21% | +14.01% |
Max Drawdown (10Y)Largest decline over 10 years | -36.38% | -49.70% | +13.32% |
Current DrawdownCurrent decline from peak | -29.27% | -35.31% | +6.04% |
Average DrawdownAverage peak-to-trough decline | -18.40% | -13.66% | -4.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.72% | 11.27% | +0.45% |
Volatility
NOC vs. HII - Volatility Comparison
The current volatility for Northrop Grumman Corporation (NOC) is 7.22%, while Huntington Ingalls Industries, Inc (HII) has a volatility of 9.24%. This indicates that NOC experiences smaller price fluctuations and is considered to be less risky than HII based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NOC | HII | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.22% | 9.24% | -2.02% |
Volatility (6M)Calculated over the trailing 6-month period | 21.13% | 29.41% | -8.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.48% | 34.76% | -8.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.27% | 31.13% | -5.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.42% | 30.59% | -5.17% |
Dividends
NOC vs. HII - Dividend Comparison
NOC's dividend yield for the trailing twelve months is around 1.74%, less than HII's 1.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HII Huntington Ingalls Industries, Inc | 1.88% | 1.60% | 2.78% | 1.93% | 2.07% | 2.46% | 2.48% | 1.44% | 1.59% | 1.07% | 1.14% | 1.34% |
NOC Northrop Grumman Corporation | 1.74% | 1.58% | 1.72% | 1.57% | 1.24% | 1.59% | 1.86% | 1.50% | 1.92% | 1.27% | 1.50% | 1.64% |
Financials
NOC vs. HII - Financials Comparison
This section allows you to compare key financial metrics between Northrop Grumman Corporation and Huntington Ingalls Industries, Inc. 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
NOC vs. HII - Profitability Comparison
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%.
HII - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Huntington Ingalls Industries, Inc reported a gross profit of 2.15B and revenue of 3.10B. Therefore, the gross margin over that period was 69.3%.
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%.
HII - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Huntington Ingalls Industries, Inc reported an operating income of 155.00M and revenue of 3.10B, resulting in an operating margin of 5.0%.
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%.
HII - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Huntington Ingalls Industries, Inc reported a net income of 149.00M and revenue of 3.10B, resulting in a net margin of 4.8%.
Frequently Asked Questions
NOC and HII have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HII has higher volatility (9.24%) compared to NOC (7.22%). In terms of maximum drawdown, NOC dropped -71.12% vs HII's -49.70%.
HII currently has the higher Sharpe Ratio (0.90 vs 0.47), 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.
Find the right allocation for NOC and HII
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer