Northrop Grumman Corporation (NOC)
NYSE: NOC · Real-Time Price · USD
520.18
-5.05 (-0.96%)
Jul 16, 2026, 3:40 PM EDT - Market open
Northrop Grumman Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 |
Net Income | 4,576 | 4,182 | 4,019 | 3,945 | 3,711 | 4,174 | 2,375 | 2,286 | 2,158 | 2,056 | 4,671 | 4,649 | 4,783 | 4,896 | 5,526 | 5,674 | 5,765 | 7,005 | 4,625 | 4,548 |
Depreciation & Amortization | 1,507 | 1,472 | 1,480 | 1,432 | 1,408 | 1,370 | 1,356 | 1,342 | 1,339 | 1,338 | 1,320 | 1,330 | 1,337 | 1,342 | 1,291 | 1,278 | 1,248 | 1,239 | 1,253 | 1,256 |
Stock-Based Compensation | 119 | 119 | 94 | 95 | 101 | 101 | 95 | 86 | 88 | 87 | 91 | 104 | 100 | 99 | 95 | 96 | 94 | 94 | 100 | 94 |
Other Adjustments | 254.5 | 268 | 141 | -492 | -563 | -1,592 | -1,618 | -1,308 | -1,366 | 546 | -847 | -1,235 | -1,436 | -2,882 | -1,037 | -955 | -855 | -4,964 | -4,147 | -3,892 |
Change in Receivables | -233 | -862 | -1,009 | -1,324 | -509 | -33 | -136 | -199 | -52 | 301 | 274 | 468 | -600 | -690 | -1,202 | -1,298 | -686 | -424 | 164 | -101 |
Changes in Inventories | 78 | 97 | 5 | -62 | -221 | -358 | -366 | -287 | -345 | -220 | -430 | -438 | -315 | -205 | -110 | -46 | 22 | -52 | -25 | -37 |
Changes in Accounts Payable | -396 | 250 | -396 | -243 | -334 | -430 | -915 | -318 | 104 | -912 | 186 | 253 | 176 | 572 | 270 | -146 | 233 | 376 | 485 | 891 |
Changes in Income Taxes Payable | -781 | -559 | -384 | 73 | 982 | 1,143 | 408 | -18 | -1,015 | -658 | -183 | -80 | -64 | -279 | -504 | -580 | -452 | 215 | 314 | 313 |
Changes in Unearned Revenue | - | 19 | - | - | - | -123 | - | - | - | 587 | - | - | - | - | - | - | - | - | - | - |
Changes in Other Operating Activities | 71 | -148 | 6 | 66 | 9 | -779 | 98 | -150 | 17 | 307 | -154 | -16 | -62 | 48 | 118 | 252 | 131 | 78 | -76 | -183 |
Operating Cash Flow | 4,666 | 4,757 | 3,438 | 2,972 | 3,529 | 4,388 | 4,240 | 4,377 | 3,871 | 3,875 | 3,696 | 3,803 | 2,687 | 2,901 | 2,092 | 1,920 | 3,145 | 3,567 | 3,727 | 3,923 |
Operating Cash Flow Growth | 32.22% | 8.41% | -18.92% | -32.10% | -8.83% | 13.24% | 14.72% | 15.09% | 44.06% | 33.58% | 76.67% | 98.07% | -14.56% | -18.67% | -43.87% | -51.06% | -39.89% | -17.14% | -27.87% | -20.70% |
Capital Expenditures | -1,361 | -1,450 | -1,604 | -1,664 | -1,753 | -1,767 | -1,754 | -1,752 | -1,736 | -1,775 | -1,604 | -1,541 | -1,500 | -1,435 | -1,536 | -1,487 | -1,454 | -1,415 | -1,274 | -1,314 |
Sale of Property, Plant & Equipment | - | - | - | - | - | - | - | - | - | - | 55 | - | - | 155 | 100 | - | - | 84 | 289 | - |
Proceeds from Sale of Investments | - | - | - | - | - | - | 40 | - | - | 197 | - | - | - | - | - | - | - | - | - | - |
Proceeds from Business Divestments | 166.5 | 333 | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 3,400 | 3,400 | 3,400 |
Other Investing Activities | -43 | -38 | -18 | -19 | 21 | 18 | -7 | -5 | -3 | -4 | 2 | 1 | 44 | 39 | 32 | 27 | -17 | -11 | 1 | 3 |
Investing Cash Flow | -1,071 | -1,155 | -1,289 | -1,350 | -1,732 | -1,749 | -1,721 | -1,560 | -1,542 | -1,582 | -1,390 | -1,385 | -1,301 | -1,241 | -1,404 | -1,432 | -1,387 | 2,058 | 2,416 | 2,350 |
Short-Term Debt Issued | -410 | 566 | 566 | 566 | 1,474 | - | - | - | 384 | 384 | 384 | 384 | - | - | - | - | - | - | - | - |
Short-Term Debt Repaid | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -65 | -65 |
Net Short-Term Debt Issued (Repaid) | -410 | 566 | 566 | 566 | 1,474 | - | - | - | 384 | 384 | 384 | 384 | - | - | - | - | - | - | -65 | -65 |
Long-Term Debt Issued | 499 | 998 | 998 | - | - | 2,495 | 2,495 | 2,495 | 2,495 | 1,995 | 1,995 | 1,995 | 1,995 | - | - | - | - | - | 0 | 0 |
Long-Term Debt Repaid | -527 | -1,500 | -1,500 | -1,500 | -1,500 | - | 0 | - | - | -1,050 | - | - | - | - | 0 | 0 | -36 | -2,236 | -3,236 | -3,236 |
Net Long-Term Debt Issued (Repaid) | -28 | -502 | -502 | -1,500 | -1,500 | 2,495 | 2,495 | 2,495 | 2,495 | 945 | 1,995 | 1,995 | 1,995 | - | 0 | 0 | -36 | -2,236 | -3,236 | -3,236 |
Repurchase of Common Stock | -1,270 | -1,663 | -1,648 | -1,692 | -1,845 | -2,572 | -2,477 | -2,380 | -2,027 | -1,552 | -1,698 | -1,847 | -1,958 | -1,554 | -2,043 | -2,253 | -2,075 | -3,739 | -2,757 | -2,176 |
Net Common Stock Issued (Repurchased) | -1,270 | -1,663 | -1,648 | -1,692 | -1,845 | -2,572 | -2,477 | -2,380 | -2,027 | -1,552 | -1,698 | -1,847 | -1,958 | -1,554 | -2,043 | -2,253 | -2,075 | -3,739 | -2,757 | -2,176 |
Common Dividends Paid | -1,324 | -1,293 | -1,263 | -1,234 | -1,205 | -1,186 | -1,169 | -1,148 | -1,129 | -1,116 | -1,100 | -1,087 | -1,071 | -1,052 | -1,032 | -1,016 | -996 | -983 | -979 | -970 |
Other Financing Activities | -91 | -94 | -105 | -133 | -97 | -132 | -124 | -78 | -52 | -38 | -37 | -32 | -31 | -7 | -2 | 9 | 6 | -44 | -46 | -63 |
Financing Cash Flow | -3,190 | -3,552 | -3,518 | -2,995 | -3,173 | -1,395 | -1,275 | -2,929 | -1,763 | -1,761 | -1,890 | -203 | -1,065 | -2,613 | -3,077 | -3,260 | -3,101 | -7,002 | -7,083 | -6,510 |
Net Cash Flow | 405 | 50 | -1,369 | -1,373 | -1,376 | 1,244 | 1,244 | -112 | 566 | 532 | 416 | 2,215 | 321 | -953 | -2,389 | -2,772 | -1,343 | -1,377 | -940 | -237 |
Free Cash Flow | 3,305 | 3,307 | 1,834 | 1,308 | 1,776 | 2,621 | 2,486 | 2,625 | 2,135 | 2,100 | 2,092 | 2,262 | 1,187 | 1,466 | 556 | 433 | 1,691 | 2,152 | 2,453 | 2,609 |
Free Cash Flow Growth | 86.09% | 26.17% | -26.23% | -50.17% | -16.81% | 24.81% | 18.83% | 16.05% | 79.86% | 43.25% | 276.26% | 422.40% | -29.80% | -31.88% | -77.33% | -83.40% | -56.41% | -25.41% | -36.58% | -29.07% |
FCF Margin | 7.80% | 7.88% | 4.48% | 3.23% | 4.40% | 6.39% | 6.07% | 6.44% | 5.32% | 5.34% | 5.41% | 5.97% | 3.20% | 4.01% | 1.58% | 1.24% | 4.79% | 6.03% | 6.59% | 6.94% |
Free Cash Flow Per Share | 23.08 | 23.00 | 12.69 | 9.00 | 12.14 | 17.79 | 16.72 | 17.51 | 14.13 | 13.82 | 13.68 | 14.71 | 7.67 | 9.42 | 3.55 | 2.74 | 10.63 | 13.37 | 15.03 | 15.82 |
Levered Free Cash Flow | 3,256 | 3,927 | 3,190 | 2,613 | 3,776 | 5,725 | 3,697 | 3,598 | 3,401 | 2,052 | 6,185 | 6,536 | 6,350 | 4,939 | 5,055 | 4,945 | 5,457 | 5,210 | 2,001 | 2,173 |
Unlevered Free Cash Flow | 3,202 | 3,403 | 2,673 | 3,100 | 3,311 | 2,692 | 1,360 | 1,230 | 680.43 | 890.39 | 2,361 | 2,590 | 2,641 | 3,064 | 2,352 | 2,255 | 2,768 | 4,870 | 5,430 | 5,641 |