Northrop Grumman Corporation vs T Rowe Price Group Inc — how do they compare? Northrop Grumman Corporation trades at $510.06 (market cap $74.42B), while T Rowe Price Group Inc trades at $115.59 (market cap $25.14B). The key difference: Northrop Grumman Corporation is far larger — about 3× T Rowe Price Group Inc's market cap, and T Rowe Price Group Inc pays the higher dividend (4.43%). Which is the better fit depends on your goals.
| NOC | TROW | |
|---|---|---|
Market Cap | $74.42B | $25.14B |
Sector | Industrials | Financials |
52-Week High | $768.02 | $120.16 |
52-Week Low | $496.02 | $86.19 |
Enterprise Value | $88.65B | $21.85B |
Dividend Yield | 1.79% | 4.43% |
Trailing returns across standard periods
Latest headlines on both assets
Northrop Grumman is a defense contractor that is diversified across short-cycle and long-cycle businesses. The firm's segments include aeronautics, mission systems, defense services, and space systems. The company's aerospace segment creates the fuselage for the massive F-35 program and produces various piloted and autonomous flight systems. Mission systems creates a variety of sensors and processors for defense hardware. The defense systems segment is a long-range missile manufacturer. Finally, the company's space systems segment produces various space structures, sensors, and satellites.
Read more on NOC →T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load U.S. and international stock, hybrid, bond, and money market funds. At the end of August 2022, the firm had $1.339 trillion in managed assets, composed of equity (54%), balanced (30%), fixed-income (13%), and alternatives (3%) offerings. Approximately two thirds of the company's managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a U.S.-based asset manager, deriving just under 10% of its AUM from overseas.
Read more on TROW →