Northrop Grumman Corp. (NOC) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
Northrop Grumman is a diversified defense contractor providing aeronautics, defense, and space systems. The company's aerospace segment produces autonomous and piloted aircraft such as Global Hawk...
Northrop Grumman Corp.'s revenue increased 2.2% year over year, from $41.03B to $41.95B.
Net income increased 0.2% over the same period, from $4.17B to $4.18B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 71% in total.
Total debt remained relatively stable at $15.16B.
The debt-to-equity ratio stands at 0.91, indicating a moderate leverage profile.
Operating cash flow grew 8.4% to $4.76B.
Northrop Grumman Corp. maintains a moderate net profit margin of 10.0%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $10.00B-2.2% | $1.03B | $2.11B | $785.0M | $1.09B | $48.29B | $14.69B | $14.75B |
| Q4 FY2024 | $10.69B+6.9% | $1.26B | $1.93B | $1.09B | $2.58B | $49.36B | $14.69B | $15.29B |
| Q1 FY2025 | $9.47B-11.4% | $481.0M | $1.58B | $573.0M | $-1.56B | $48.47B | $14.17B | $14.98B |
| Q2 FY2025 | $10.35B+9.3% | $1.17B | $2.21B | $1.43B | $868.0M | $49.45B | $15.16B | $15.47B |
| Q3 FY2025 | $10.42B+0.7% | $1.10B | $2.23B | $1.24B | $1.56B | $49.30B | $15.16B | $15.99B |
| Q4 FY2025 | $11.71B+12.4% | $1.43B | $2.30B | $1.27B | $3.90B | $51.38B | $15.16B | $16.67B |
| Q1 FY2026 | $9.88B-15.6% | $875.0M | $1.96B | $989.0M | $-1.66B | N/A | N/A | N/A |
| Q2 FY2026 | $10.88B+10.1% | $1.09B | $2.12B | $1.10B | $1.28B | N/A | N/A | N/A |
Balance Sheet Summary (FY2025)
Northrop Grumman Corp. (NOC) Financial Statements & Revenue History
Northrop Grumman Corp. (NOC) is a US-listed stock operating in the Technology sector, specifically the Search, Detection, Navigation, Guidance, Aeronautical Sys industry trading at $519.25 with a market capitalization of $74. This page provides 42 historical financial statements for Northrop Grumman Corp., including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Northrop Grumman Corp. reported revenue of $42.0 billion, representing 2.2% year-over-year growth. The net profit margin of 10.0% indicates moderate profitability. The debt-to-equity ratio of 0.91 reflects moderate leverage.
NOC Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Northrop Grumman Corp.'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether NOC is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track NOC's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Northrop Grumman Corp. converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of NOC's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use NOC Financial Data
Investors use Northrop Grumman Corp.'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare NOC's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how NOC's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View NOC's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Northrop Grumman Corp.'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.NOC trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.