NOC vs. THLLY
NOC (Northrop Grumman Corporation) and THLLY (Thales SA ADR) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 5 years, NOC returned 9.73%/yr vs 23.75%/yr for THLLY. At a 0.22 correlation, their price movements are largely independent.
Performance
NOC vs. THLLY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NOC achieves a -2.75% return, which is significantly lower than THLLY's 1.75% return.
NOC
- 1D
- -0.40%
- 1M
- 0.17%
- YTD
- -2.75%
- 6M
- -2.67%
- 1Y
- 12.44%
- 3Y*
- 8.64%
- 5Y*
- 9.73%
- 10Y*
- 11.53%
THLLY
- 1D
- -2.41%
- 1M
- 5.72%
- YTD
- 1.75%
- 6M
- 1.43%
- 1Y
- -4.37%
- 3Y*
- 25.80%
- 5Y*
- 23.75%
- 10Y*
- —
NOC vs. THLLY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
NOC Northrop Grumman Corporation | -2.75% | 23.61% | 1.93% | -12.79% | 43.02% | 29.29% | -9.92% | 42.69% | -7.79% |
THLLY Thales SA ADR | 1.75% | 92.10% | -1.16% | 18.36% | 51.26% | -3.68% | -12.42% | -82.02% | -6.66% |
Correlation
The correlation between NOC and THLLY is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Nov 21, 2018 | 0.22 |
Fundamentals
NOC:
$78.42B
THLLY:
$55.86B
NOC:
$31.95
THLLY:
€2.63
NOC:
17.22
THLLY:
17.85
NOC:
2.54
THLLY:
1.40
NOC:
1.86
THLLY:
1.13
NOC:
4.58
THLLY:
6.06
NOC:
$42.37B
THLLY:
€42.63B
NOC:
$8.69B
THLLY:
€11.20B
NOC:
$7.50B
THLLY:
€5.82B
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. THLLY — Risk / Return Rank
NOC
THLLY
NOC vs. THLLY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Northrop Grumman Corporation (NOC) and Thales SA ADR (THLLY). 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.
| NOC | THLLY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.61 | ||
| Sortino ratioReturn per unit of downside risk | +0.83 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.00 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.40 | -0.21 | +0.61 |
| Martin ratioReturn relative to average drawdown | 1.02 | -0.42 | +1.43 |
Loading charts...
Drawdowns
NOC vs. THLLY - Drawdown Comparison
The maximum NOC drawdown since its inception was -71.12%, smaller than the maximum THLLY drawdown of -90.72%. Use the drawdown chart below to compare losses from any high point for NOC and THLLY.
Loading charts...
Drawdown Indicators
| NOC | THLLY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.12% | -90.72% | +19.60% |
Max Drawdown (1Y)Largest decline over 1 year | -31.20% | -21.08% | -10.12% |
Max Drawdown (3Y)Largest decline over 3 years | -31.20% | -24.17% | -7.03% |
Max Drawdown (5Y)Largest decline over 5 years | -31.20% | -26.79% | -4.41% |
Max Drawdown (10Y)Largest decline over 10 years | -36.38% | — | — |
Current DrawdownCurrent decline from peak | -28.03% | -51.03% | +23.00% |
Average DrawdownAverage peak-to-trough decline | -18.40% | -72.60% | +54.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.25% | 10.52% | +1.73% |
Volatility
NOC vs. THLLY - Volatility Comparison
The current volatility for Northrop Grumman Corporation (NOC) is 7.39%, while Thales SA ADR (THLLY) has a volatility of 8.58%. This indicates that NOC experiences smaller price fluctuations and is considered to be less risky than THLLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NOC | THLLY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.39% | 8.58% | -1.19% |
Volatility (6M)Calculated over the trailing 6-month period | 21.25% | 24.97% | -3.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.55% | 32.85% | -6.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.28% | 31.30% | -6.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.42% | 46.19% | -20.77% |
Dividends
NOC vs. THLLY - Dividend Comparison
NOC's dividend yield for the trailing twelve months is around 1.71%, more than THLLY's 1.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
THLLY Thales SA ADR | 1.68% | 1.58% | 2.57% | 2.24% | 2.24% | 2.68% | 0.52% | 0.63% | 0.48% | 0.00% | 0.00% | 0.00% |
Financials
NOC vs. THLLY - Financials Comparison
This section allows you to compare key financial metrics between Northrop Grumman Corporation and Thales SA ADR. 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. THLLY - 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%.
THLLY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Thales SA ADR reported a gross profit of 3.12B and revenue of 11.78B. Therefore, the gross margin over that period was 26.5%.
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%.
THLLY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Thales SA ADR reported an operating income of 1.26B and revenue of 11.78B, resulting in an operating margin of 10.7%.
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%.
THLLY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Thales SA ADR reported a net income of 1.00B and revenue of 11.78B, resulting in a net margin of 8.5%.
Frequently Asked Questions
NOC and THLLY have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
THLLY has higher volatility (8.58%) compared to NOC (7.39%). In terms of maximum drawdown, NOC dropped -71.12% vs THLLY's -90.72%.
NOC currently has the higher Sharpe Ratio (0.47 vs -0.13), 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 THLLY
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