Northrop Grumman Corporation (NOC)
NYSE: NOC · Real-Time Price · USD
689.13
+10.39 (1.53%)
Jan 28, 2026, 4:00 PM EST - Market closed

Northrop Grumman Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 20212016 - 2020
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 2016 - 2020
Net Income
4,1824,1742,0564,8967,005
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Depreciation & Amortization
1,4721,3701,3381,3421,239
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Loss (Gain) From Sale of Assets
-231----1,980
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Stock-Based Compensation
119101879994
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Other Operating Activities
78-1,531538-2,836-2,972
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Change in Accounts Receivable
-862-33301-690-424
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Change in Inventory
97-358-220-205-52
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Change in Accounts Payable
646485-469572376
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Change in Unearned Revenue
19-123587--
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Change in Income Taxes
-5591,143-658-279215
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Change in Other Net Operating Assets
-204-840315266
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Operating Cash Flow
4,7574,3883,8752,9013,567
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Operating Cash Flow Growth
8.41%13.24%33.58%-18.67%-17.14%
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Capital Expenditures
-1,450-1,767-1,775-1,435-1,415
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Sale of Property, Plant & Equipment
---15584
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Divestitures
333---3,400
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Investment in Securities
--197--
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Other Investing Activities
-3818-439-11
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Investing Cash Flow
-1,155-1,749-1,582-1,2412,058
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Long-Term Debt Issued
9982,4951,995--
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Total Debt Issued
9982,4951,995--
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Long-Term Debt Repaid
-1,500--1,050--2,236
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Total Debt Repaid
-1,500--1,050--2,236
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Net Debt Issued (Repaid)
-5022,495945--2,236
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Repurchase of Common Stock
-1,663-2,572-1,552-1,554-3,739
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Common Dividends Paid
-1,293-1,186-1,116-1,052-983
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Other Financing Activities
-94-132-38-7-44
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Financing Cash Flow
-3,552-1,395-1,761-2,613-7,002
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Net Cash Flow
501,244532-953-1,377
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Free Cash Flow
3,3072,6212,1001,4662,152
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Free Cash Flow Growth
26.17%24.81%43.25%-31.88%-25.41%
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Free Cash Flow Margin
7.88%6.39%5.34%4.00%6.03%
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Free Cash Flow Per Share
23.0017.7913.829.4213.38
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Cash Income Tax Paid
-8801,2001,5001,300
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Levered Free Cash Flow
2,9004,0601,6333,6126,461
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Unlevered Free Cash Flow
3,3164,4481,9733,9286,808
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Change in Working Capital
-863274-144-600181
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Updated Jan 27, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q