Michael Hardesty - Northrop Grumman President

NOC Stock  USD 473.43  1.82  0.39%   

President

Mr. Michael A. Hardesty is a Chief Accounting Officer, Corporationrationrate Vice President, Controller of the Company. Mr. Hardesty, who was employed by the Company since 2004, is currently the Chief Financial Officer for Northrop Grumman Information Systems sector, a position he has held since July, 2011. Prior to his current position, Mr. Hardesty held Vice President and Chief Financial Officer, Information Systems sector Vice President, Internal Audit Vice President and Chief Financial Officer, Enterprise Shared Services since 2013.
Age 49
Tenure 11 years
Address 2980 Fairview Park Drive, Falls Church, VA, United States, 22042
Phone703 280 2900
Webhttps://www.northropgrumman.com
Hardesty earned a bachelor degree in accounting from the University of Southern California and is a certified public accountant.

Northrop Grumman Management Efficiency

The company has Return on Asset of 0.0381 % which means that on every $100 spent on assets, it made $0.0381 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.147 %, implying that it generated $0.147 on every 100 dollars invested. Northrop Grumman's management efficiency ratios could be used to measure how well Northrop Grumman manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Capital Employed is expected to grow to 0.1, whereas Return On Tangible Assets are forecasted to decline to 0.07. At present, Northrop Grumman's Deferred Long Term Asset Charges is projected to decrease significantly based on the last few years of reporting. The current year's Fixed Asset Turnover is expected to grow to 4.69, whereas Total Assets are forecasted to decline to about 24.1 B.
The company has 15.68 B in debt with debt to equity (D/E) ratio of 1.04, which is OK given its current industry classification. Northrop Grumman has a current ratio of 1.12, demonstrating that it may not be capable to disburse its financial commitments when the payables are due. Debt can assist Northrop Grumman until it has trouble settling it off, either with new capital or with free cash flow. So, Northrop Grumman's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Northrop Grumman sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Northrop to invest in growth at high rates of return. When we think about Northrop Grumman's use of debt, we should always consider it together with cash and equity.

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Northrop Grumman Corporation operates as an aerospace and defense company worldwide. The company was founded in 19 and is based in Falls Church, Virginia. Northrop Grumman operates under Aerospace Defense classification in the United States and is traded on New York Stock Exchange. It employs 88000 people. Northrop Grumman (NOC) is traded on New York Stock Exchange in USA. It is located in 2980 Fairview Park Drive, Falls Church, VA, United States, 22042 and employs 101,000 people. Northrop Grumman is listed under Aerospace & Defense category by Fama And French industry classification.

Management Performance

Northrop Grumman Leadership Team

Elected by the shareholders, the Northrop Grumman's board of directors comprises two types of representatives: Northrop Grumman inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Northrop. The board's role is to monitor Northrop Grumman's management team and ensure that shareholders' interests are well served. Northrop Grumman's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Northrop Grumman's outside directors are responsible for providing unbiased perspectives on the board's policies.
Thomas Schoewe, Independent Director
Nick Chaffey, Chief Europe
Kathy Warden, Corporate Vice President; President - Information Systems Sector
David Keffer, Chief Financial Officer, Corporate Vice President
CBE FRAeS, Chief Europe
Janis Pamiljans, Corporate Vice President, President - Aeronautics Systems Sector
Roshan Roeder, Corporate Sector
Michael Hardesty, Chief Accounting Officer, Corporate Vice President Controller
BrigG Stapp, Chief Officer
Marianne Brown, Independent Director
Karl Krapek, Independent Director
Lesley Kalan, Corporate Vice President, Chief Strategy and Development Officer
Ann Addison, Chief Human Resource Officer, Corporate Vice President
Lucy Ryan, Corporate Vice President Communications
Stephen OBryan, Corporate Officer
Jennifer McGarey, Corporate Secretary
Rajender Chandhok, VP of Trust Admin. and Investments
Thomas Jones, Corporate Vice President and President - Aeronautics Systems
Madeleine Kleiner, Independent Director
Todd Ernst, Vice President - Investor Relations
John Russell, VP Officer
Graham Robinson, Independent Director
David Perry, Corporate Vice President Chief Global Business Development Officer
Matthew Bromberg, Corporate Operations
Timothy Jones, Corporate Systems
Mark Caylor, Corporate Vice President; President - Enterprise Shared Services
Shawn Purvis, Corporate Vice President and President - Enterprise Services
Kathryn Simpson, Corporate Counsel
Mary Petryszyn, Corporate Vice President and Presidentident - Defense Systems Sector
Donald Felsinger, Lead Independent Director
Ann Fudge, Independent Director
Thomas Wilson, Corporate Vice President and President Space Systems
Bruce Gordon, Independent Director
William Hernandez, Independent Director
David Abney, Independent Director
Blake Larson, Corporate Vice President and President Innovation Systems Sector
Carl Hahn, Chief VP
Gary Roughead, Independent Director
Nick Hopkinson, UK Director
James Turley, Independent Director
Sheila Cheston, Corporate Vice President General Counsel
Mark Welsh, Independent Director

Northrop Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Northrop Grumman a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Northrop Grumman offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northrop Grumman's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Northrop Grumman Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Northrop Grumman Stock:
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Is Northrop Grumman's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northrop Grumman. If investors know Northrop will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northrop Grumman listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.149
Dividend Share
7.48
Earnings Share
14.34
Revenue Per Share
266.459
Quarterly Revenue Growth
0.089
The market value of Northrop Grumman is measured differently than its book value, which is the value of Northrop that is recorded on the company's balance sheet. Investors also form their own opinion of Northrop Grumman's value that differs from its market value or its book value, called intrinsic value, which is Northrop Grumman's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northrop Grumman's market value can be influenced by many factors that don't directly affect Northrop Grumman's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northrop Grumman's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northrop Grumman is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northrop Grumman's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.