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Northrop Grumman Corporation (NOC)
NYSE: NOC · Real-Time Price · USD
551.44
-0.91 (-0.16%)
At close: Oct 23, 2026, 4:00 PM EDT
553.41
+1.97 (0.36%)
Pre-market: Oct 26, 2026, 5:25 AM EDT

Northrop Grumman Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Net Income
4,5204,4964,5764,1824,0193,9453,7114,1742,3752,2862,1582,0564,6714,6494,7834,8965,5265,6745,7657,005
Depreciation & Amortization
1,5241,5241,5071,4721,4801,4321,4081,3701,3561,3421,3391,3381,3201,3301,3371,3421,2911,2781,2481,239
Loss (Gain) From Sale of Assets
---231-231-231-231--------------1,980
Stock-Based Compensation
129128119119949510110195868887911041009995969494
Other Operating Activities
-17958-9978-317-880-941-1,531435681600538-2,172-2,421-2,622-2,836-3,270-3,279-3,224-2,972
Change in Accounts Receivable
-788-386-233-862-1,009-1,324-509-33-136-199-52301274468-600-690-1,202-1,298-686-424
Change in Inventory
2118178975-62-221-358-366-287-345-220-430-438-315-205-110-4622-52
Change in Accounts Payable
4843031806461,6031,401973485476441,066-469186253176572270-146233376
Change in Unearned Revenue
276-174-1219-628-193-481-123---587--------
Change in Income Taxes
-263-452-781-559-384739821,143408-18-1,015-658-183-80-64-279-504-580-452215
Change in Other Net Operating Assets
-648-500-438-204-1,194-1,284-1,494-84026-15832315-61-62-1082-422114566
Operating Cash Flow
5,2665,0784,6664,7573,4382,9723,5294,3884,2404,3773,8713,8753,6963,8032,6872,9012,0921,9203,1453,567
Operating Cash Flow Growth (YoY)
53.17%70.86%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%

Investing Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Capital Expenditures
-1,437-1,432-1,361-1,450-1,604-1,664-1,753-1,767-1,754-1,752-1,736-1,775-1,604-1,541-1,500-1,435-1,536-1,487-1,454-1,415
Sale of Property, Plant & Equipment
371-----------55155155155100288484
Divestitures
--333333333333-------------3,400
Investment in Securities
107107------40197197197157-------
Other Investing Activities
-19-3-43-38-18-192118-7-5-3-42144393227-17-11
Investing Cash Flow
-978-1,328-1,071-1,155-1,289-1,350-1,732-1,749-1,721-1,560-1,542-1,582-1,390-1,385-1,301-1,241-1,404-1,432-1,3872,058

Financing Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Long-Term Debt Issued
---998---2,495---1,995--------
Total Debt Issued
--566229989981,5641,4742,4952,4951,7272,4951,9951,9952,7631,995-----
Long-Term Debt Repaid
----1,500--------1,050--------2,236
Total Debt Repaid
-527-527-527-1,500-1,500-1,500-1,500---1,050-1,050-1,050-1,050------36-2,236
Net Debt Issued (Repaid)
-527-1,093-505-502-50264-262,4952,4956771,4459459452,7631,995----36-2,236
Repurchase of Common Stock
-583-860-1,270-1,663-1,648-1,692-1,845-2,572-2,477-2,380-2,027-1,552-1,698-1,847-1,958-1,554-2,043-2,253-2,075-3,739
Common Dividends Paid
-1,364-1,343-1,324-1,293-1,263-1,234-1,205-1,186-1,169-1,148-1,129-1,116-1,100-1,087-1,071-1,052-1,032-1,016-996-983
Other Financing Activities
-27-46-91-94-105-133-97-132-124-78-52-38-37-32-31-7-296-44
Financing Cash Flow
-2,501-3,342-3,190-3,552-3,518-2,995-3,173-1,395-1,275-2,929-1,763-1,761-1,890-203-1,065-2,613-3,077-3,260-3,101-7,002

Net Cash Flow

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Net Cash Flow
1,78740840550-1,369-1,373-1,3761,2441,244-1125665324162,215321-953-2,389-2,772-1,343-1,377

Free Cash Flow

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Free Cash Flow
3,8293,6463,3053,3071,8341,3081,7762,6212,4862,6252,1352,1002,0922,2621,1871,4665564331,6912,152
Free Cash Flow Growth (YoY)
108.78%178.75%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%
Free Cash Flow Margin
8.78%8.50%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%4.00%1.58%1.24%4.79%6.03%
Free Cash Flow Per Share
26.8625.5423.0823.0012.699.0012.1517.7916.7317.5114.1413.8213.6814.717.679.423.552.7410.6213.38
Levered Free Cash Flow
3,1432,4782,0722,9002,2802,4742,9124,0602,6012,2991,8221,6333,1843,9673,0883,6123,2522,9614,1516,461
Unlevered Free Cash Flow
3,5532,8902,4913,3162,6872,8803,3064,4482,9692,6542,1731,9733,5204,2913,4023,9283,5773,2914,4846,808

Additional Metrics

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Cash Income Tax Paid
7317317317318808808808801,2001,2001,2001,2001,5001,5001,5001,5001,3001,3001,3001,300
Change in Working Capital
-728-1,128-1,206-863-1,607-1,389-750274-21-18-314-144-214141-911-600-1,550-1,849-738181
SEC Filings: 10-K · 10-Q