Northrop Grumman NOC
$525.01 −$0.24 (-0.05%)
Market closed · Nov 6, 9:40 pm ET · Last extended-hours $525.01 0.00%
Open$515.38
Prev close$525.25
Day range$510.30 – $531.20
Volume1.19M
Market cap$74.59B
P/E (TTM)16.6
Dividend yield1.82%
Fundamentals
Latest reported quarter: Q3, ended Sep 2026
Revenue$11.12B+6.7% YoY
Operating profit$1.27B+2.2% YoY
Net profit$1.12B+2.2% YoY
Diluted EPS$7.89+2.9% YoY
Free cash flow$1.44B+14.6% YoY
Operating cash flow$1.75B
Revenue, last 8 quarters
Net profit, last 8 quarters
Diluted EPS by quarter
Free cash flow by quarter
Annual revenue
Profitability & balance sheet
Gross margin20.0%
Operating margin10.6%
Net margin10.4%
Return on equity26.1%
Return on assets8.9%
Return on invested capital14.9%
Current ratio1.23
Liabilities / assets64.4%
Cash & investments$3.74B
Total debt$16.64B
Net cash (debt)-$12.89B
Free cash flow / sales8.8%
Where the revenue comes from
Quarter 2026/Q2
By business line
Income statement
| Line item | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 |
|---|---|---|---|---|---|
| Total Revenue as Reported | $11.12B | $10.88B | $9.88B | $41.95B | $11.71B |
| Total Operating Revenue | $11.12B | $10.88B | $9.88B | $41.95B | $11.71B |
| Cost of Revenue | $8.77B | $8.76B | $7.92B | $33.64B | $9.42B |
| Gross Profit | $2.35B | $2.12B | $1.96B | $8.31B | $2.30B |
| Operating Expense | $1.08B | $1.03B | $971.00M | $4.03B | $1.03B |
| Selling and Admin Expenses | $1.08B | $1.03B | $971.00M | $4.03B | $1.03B |
| -General & Admin Expense | $1.08B | $1.03B | $971.00M | $4.03B | $1.03B |
| Operating Profit | $1.27B | $1.10B | $989.00M | $4.28B | $1.27B |
| Net Non-Operating Interest Income (Expense) | -$158.00M | -$161.00M | -$162.00M | -$665.00M | -$175.00M |
| Non-Operating Interest Expense | $158.00M | $161.00M | $162.00M | $665.00M | $175.00M |
| Other Income (Expense) | $187.00M | $233.00M | $203.00M | $1.45B | $644.00M |
| Special Income (Charges) | $0.00 | $0.00 | – | $231.00M | $0.00 |
| -Gain on Sale Of Business | $0.00 | $0.00 | – | $231.00M | $0.00 |
| Other Non-Operating Income (Expenses) | $187.00M | $233.00M | $203.00M | $1.22B | $644.00M |
| Pretax Profit | $1.30B | $1.17B | $1.03B | $5.07B | $1.74B |
| Tax | $174.00M | $74.00M | $155.00M | $886.00M | $313.00M |
| Net Profit | $1.12B | $1.09B | $875.00M | $4.18B | $1.43B |
| Profit from Continuing Operations | $1.12B | $1.09B | $875.00M | $4.18B | $1.43B |
| Net Income to Parent Company | $1.12B | $1.09B | $875.00M | $4.18B | $1.43B |
| Net Income to Common Stockholders | $1.12B | $1.09B | $875.00M | $4.18B | $1.43B |
| Basic EPS | $7.91 | $7.70 | $6.16 | $29.14 | $9.98 |
| Diluted EPS | $7.89 | $7.68 | $6.14 | $29.08 | $9.96 |
| Dividend Per Share | $2.47 | $2.47 | $2.31 | $8.99 | $2.31 |
Balance sheet
| Line item | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 |
|---|---|---|---|---|---|
| Total Assets | $52.50B | $50.76B | $50.01B | $51.38B | $51.38B |
| Total Current Assets | $16.98B | $15.59B | $14.77B | $15.29B | $15.29B |
| Cash and Cash Equivalents & Short-Term Investments | $3.74B | $2.31B | $2.09B | $4.40B | $4.40B |
| -Cash and Cash Equivalents | $3.74B | $2.31B | $2.09B | $4.40B | $4.40B |
| Receivables | $9.98B | $10.26B | $9.36B | $7.92B | $7.92B |
| -Accounts Receivable | $2.08B | $2.31B | $1.81B | $1.38B | $1.38B |
| -Other Receivables | $7.90B | $7.95B | $7.56B | $6.54B | $6.54B |
| Inventory | $1.36B | $1.42B | $1.45B | $1.31B | $1.31B |
| Other Current Assets | $1.89B | $1.60B | $1.87B | $1.66B | $1.66B |
| Total Non-Current Assets | $35.52B | $35.17B | $35.24B | $36.09B | $36.09B |
| Net PPE | $12.64B | $12.20B | $12.17B | $12.83B | $12.83B |
| -Gross PPE | $22.95B | $22.26B | $22.02B | $22.48B | $22.48B |
| -Accumulated Depreciation | -$10.31B | -$10.06B | -$9.85B | -$9.65B | -$9.65B |
| Goodwill and Other Intangible Assets | $17.44B | $17.44B | $17.44B | $17.44B | $17.44B |
| -Goodwill | $17.44B | $17.44B | $17.44B | $17.44B | $17.44B |
| Defined Pension Benefit | $3.45B | $3.45B | $3.31B | $3.17B | $3.17B |
| Non-Current Deferred Assets | $488.00M | $598.00M | $743.00M | $1.05B | $1.05B |
| Other Non-Current Assets | $1.50B | $1.49B | $1.58B | $1.60B | $1.60B |
| Total Liabilities | $33.81B | $32.88B | $32.89B | $34.70B | $34.70B |
| Total Current Liabilities | $13.75B | $13.35B | $12.82B | $13.88B | $13.88B |
| Payables | $3.28B | $2.90B | $2.68B | $3.24B | $3.24B |
| -Accounts Payable | $3.28B | $2.90B | $2.68B | $3.24B | $3.24B |
| Current Deferred Liabilities | $3.84B | $3.82B | $3.70B | $4.09B | $4.09B |
| Other Current Liabilities | $4.60B | $4.64B | $4.71B | $4.25B | $4.25B |
| Total Non-Current Liabilities | $20.06B | $19.53B | $20.07B | $20.82B | $20.82B |
| Long Term Debt and Capital Lease Obligation | $16.64B | $16.29B | $16.32B | $17.02B | $17.02B |
| -Long Term Debt | $14.43B | $14.43B | $14.41B | $15.16B | $15.16B |
| -Long Term Capital Lease Obligation | $2.20B | $1.86B | $1.91B | $1.86B | $1.86B |
| Employee Benefits | $1.08B | $1.09B | $1.10B | $1.11B | $1.11B |
| Other Non-Current Liabilities | $2.35B | $2.16B | $2.66B | $2.69B | $2.69B |
| Total Equity | $18.68B | $17.88B | $17.12B | $16.67B | $16.67B |
| Stockholders' Equity | $18.68B | $17.88B | $17.12B | $16.67B | $16.67B |
| Capital Stock | $142.00M | $142.00M | $142.00M | $142.00M | $142.00M |
| -Common Stock | $142.00M | $142.00M | $142.00M | $142.00M | $142.00M |
| -Preferred Stock | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Additional Paid-In Capital | $63.00M | $37.00M | $8.00M | $0.00 | $0.00 |
| Retained Earnings | $18.61B | $17.84B | $17.10B | $16.66B | $16.66B |
| Gains/Losses Not Affecting Retained Earnings | -$132.00M | -$134.00M | -$131.00M | -$126.00M | -$126.00M |
Cash flow
| Line item | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 |
|---|---|---|---|---|---|
| Operating Cash Flow | $1.75B | $1.28B | -$1.66B | $4.76B | $3.90B |
| Net cash flow from continuing operations | $1.75B | $1.28B | -$1.66B | $4.76B | $3.90B |
| Net Income from Continuing Operations | $1.12B | $1.09B | $875.00M | $4.18B | $1.43B |
| Gain/Loss from Continuing Operations | -$121.00M | -$120.00M | -$120.00M | -$1.10B | -$617.00M |
| Depreciation & Depletion & Amortization | $379.00M | $367.00M | $372.00M | $1.47B | $406.00M |
| Deferred Tax | $198.00M | $145.00M | $308.00M | $548.00M | $204.00M |
| Other Non-Cash Items | -$24.00M | -$57.00M | -$34.00M | $403.00M | $536.00M |
| Change in Working Capital | $163.00M | -$178.00M | -$3.08B | -$863.00M | $2.36B |
| -Change in Receivables | -$86.00M | -$814.00M | -$982.00M | -$862.00M | $1.09B |
| -Change in Inventory | $53.00M | $26.00M | -$144.00M | $97.00M | $276.00M |
| -Change in Prepaid Assets | -$71.00M | $304.00M | -$426.00M | $27.00M | $561.00M |
| -Change in Payables and Accrued Expense | $299.00M | $340.00M | -$723.00M | $87.00M | $305.00M |
| -Change in Other Current Liabilities | -$32.00M | -$34.00M | -$802.00M | -$212.00M | $128.00M |
| Net cash flow from investing | $50.00M | -$196.00M | -$168.00M | -$1.16B | -$664.00M |
| Net Cash Flow from Continuing Investing Activities | $50.00M | -$196.00M | -$168.00M | -$1.16B | -$664.00M |
| Capital Expenditure | -$306.00M | -$302.00M | -$167.00M | -$1.45B | -$662.00M |
| Net Business Purchase and Sale | $0.00 | – | – | $333.00M | $0.00 |
| Net Investment Purchase and Sale | $0.00 | – | – | $0.00 | $0.00 |
| Net Other Investing Changes | -$15.00M | -$1.00M | -$1.00M | -$38.00M | -$2.00M |
| Financing Cash Flow | -$358.00M | -$867.00M | -$489.00M | -$3.55B | -$787.00M |
| Net Cash Flow from Continuing Financing Activities | -$358.00M | -$867.00M | -$489.00M | -$3.55B | -$787.00M |
| Net Issuance Payments Of Debt | $0.00 | -$498.00M | -$29.00M | -$502.00M | $0.00 |
| Net Common Stock Issuance | $0.00 | $0.00 | -$68.00M | -$1.62B | -$456.00M |
| Cash Dividends Paid | -$351.00M | -$351.00M | -$333.00M | -$1.29B | -$329.00M |
| Net Other Financing Charges | -$7.00M | -$18.00M | -$59.00M | -$133.00M | -$2.00M |
| Ending Cash Balance | $3.74B | $2.31B | $2.09B | $4.40B | $4.40B |
| Net Change in Cash | $1.44B | $217.00M | -$2.31B | $50.00M | $2.45B |
| Beginning Cash Balance | $2.31B | $2.09B | $4.40B | $4.35B | $1.96B |
| Free Cash Flow | $1.44B | $978.00M | -$1.82B | $3.31B | $3.24B |
No comments yet — be the first to weigh in on NOC.
Sign in to join the discussion.