Northrop Grumman Corporation (NOC)
NYSE: NOC · Real-Time Price · USD
534.00
+23.35 (4.57%)
At close: Oct 20, 2026, 4:00 PM EDT
532.50
-1.50 (-0.28%)
After-hours: Oct 20, 2026, 7:58 PM EDT
Northrop Grumman Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 43,591 | 41,954 | 41,033 | 39,290 | 36,602 | 35,667 |
Revenue Growth | 6.51% | 2.25% | 4.44% | 7.34% | 2.62% | -3.08% |
Gross Profit Gross Profit Growth | 8,729 | 8,313 | 8,362 | 6,551 | 7,474 | 7,268 |
Operating Income Operating Income Growth | 5,789 | 5,348 | 5,469 | 2,645 | 6,338 | 7,495 |
Net Income Net Income Growth | 4,520 | 4,182 | 4,174 | 2,056 | 4,896 | 7,005 |
Earnings Per Share EPS Growth | 31.71 | 29.08 | 28.34 | 13.53 | 31.47 | 43.54 |
EPS Growth | 14.02% | 2.61% | 109.46% | -57.01% | -27.72% | 128.80% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Aeronautics Systems Aeronautics Systems Growth | 14,299 | 12,992 | 12,396 | 11,164 | 10,531 | 11,259 |
Defense Systems Defense Systems Growth | 8,446 | 8,002 | 7,399 | 7,185 | 7,629 | - |
Mission Systems Mission Systems Growth | 12,715 | 12,506 | 11,399 | 10,895 | 10,396 | 10,134 |
Space Systems Space Systems Growth | 10,841 | 10,771 | 11,731 | 11,873 | 10,570 | - |
Eliminations Eliminations Growth | -2,710 | -2,317 | -1,892 | -1,827 | - | - |
Revenue (Total) Revenue (Total) Growth | 43,591 | 41,954 | 41,033 | 39,290 | 36,602 | 35,667 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 3,744 | 4,886 | 4,700 | 3,448 | 2,909 | 3,948 |
Total Debt Total Debt Growth | 16,635 | 17,884 | 18,396 | 16,048 | 15,000 | 14,657 |
Net Cash (Debt) Net Cash Growth | -12,891 | -12,998 | -13,696 | -12,600 | -12,091 | -10,709 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -90.45 | -90.39 | -92.98 | -82.89 | -77.71 | -66.56 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 5,266 | 4,757 | 4,388 | 3,875 | 2,901 | 3,567 |
Capital Expenditures CapEx Growth | -1,437 | -1,450 | -1,767 | -1,775 | -1,435 | -1,415 |
Free Cash Flow Free Cash Flow Growth | 3,829 | 3,307 | 2,621 | 2,100 | 1,466 | 2,152 |
Free Cash Flow Growth | 108.78% | 26.17% | 24.81% | 43.25% | -31.88% | -25.41% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 20.03% | 19.81% | 20.38% | 16.67% | 20.42% | 20.38% |
Operating Margin | 13.28% | 12.75% | 13.33% | 6.73% | 17.32% | 21.01% |
Pretax Margin | 12.01% | 12.08% | 12.22% | 5.97% | 15.94% | 25.06% |
Profit Margin | 10.37% | 9.97% | 10.17% | 5.23% | 13.38% | 19.64% |
FCF Margin | 8.78% | 7.88% | 6.39% | 5.34% | 4.00% | 6.03% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Oct '26 Oct 21, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share Dividend Per Share Growth | 9.880 | 8.990 | 8.050 | 7.340 | 6.760 | 6.160 |
Dividend Per Share Growth | 9.38% | 11.68% | 9.67% | 8.58% | 9.74% | 8.64% |
Dividend Yield | 1.85% | 1.57% | 1.71% | 1.56% | 1.23% | 1.57% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Oct '26 Oct 21, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 16.84 | 19.46 | 16.38 | 34.34 | 17.15 | 8.76 |
Forward PE | 18.07 | 20.64 | 17.58 | 19.69 | 24.12 | 15.61 |
P/FCF Ratio | 19.81 | 24.61 | 26.09 | 33.62 | 57.28 | 28.52 |
PS Ratio | 1.74 | 1.94 | 1.67 | 1.80 | 2.29 | 1.72 |