Rankings
▼
Calendar
NOC (Northrop Grumman Corporation) Stock Financials & Earnings | Market Cap Arena
NOC
Northrop Grumman Corporation
Mkt Cap
$105B
Industrials
·
Aerospace & Defense
·
🇺🇸 United States
·
NYSE
Revenue (TTM)
$42.0B
Net Income (TTM)
$4.2B
EPS (TTM)
$29.13
Free Cash Flow (TTM)
$3.3B
Gross Margin
19.8%
Op. Margin
10.2%
Net Margin
10.0%
FCF Margin
7.9%
P/S Ratio (TTM)
2.5x
P/E Ratio (TTM)
25.1x
YoY Rev Growth
+2.2%
Employees
—
Earnings Reports
▶
Q4 2025
Browse All Reports
Quarterly
FY
Revenue & Profitability
Revenue
Gross Profit
Operating Income
Quarter
Revenue
Gross Profit
Op. Income
Q1 23
$9.3B
$2.0B
$947M
Q2 23
$9.6B
$2.0B
$967M
Q3 23
$9.8B
$2.0B
$1.0B
Q4 23
$10.6B
$485M
-$393M
Q1 24
$10.1B
$2.1B
$1.1B
Q2 24
$10.2B
$2.2B
$1.1B
Q3 24
$10.0B
$2.1B
$1.1B
Q4 24
$10.7B
$1.9B
$1.1B
Q1 25
$9.5B
$1.6B
$573M
Q2 25
$10.4B
$2.2B
$1.4B
Q3 25
$10.4B
$2.2B
$1.2B
Q4 25
$11.7B
$2.3B
$1.0B
marketcaparena.com
Revenue Breakdown
NOC
Northrop Grumman Corporation
Revenue Breakdown
Q4 2025
marketcaparena.com
Valuation
P/S Ratio
P/E Ratio
Quarter
P/S
P/E
Q1 23
2.8x
22.0x
Q2 23
2.8x
22.6x
Q3 23
2.7x
22.5x
Q4 23
2.7x
51.1x
Q1 24
2.6x
48.7x
Q2 24
2.6x
45.9x
Q3 24
2.6x
44.2x
Q4 24
2.6x
25.2x
Q1 25
2.6x
28.3x
Q2 25
2.6x
26.6x
Q3 25
2.6x
26.1x
Q4 25
2.5x
25.1x
marketcaparena.com
Operating Cash Flow
Operating Cash Flow
Free Cash Flow
Quarter
Operating CF
Free CF
Q1 23
-$702M
-$1.0B
Q2 23
$919M
$615M
Q3 23
$1.2B
$869M
Q4 23
$2.4B
$1.6B
Q1 24
-$706M
-$976M
Q2 24
$1.4B
$1.1B
Q3 24
$1.1B
$730M
Q4 24
$2.6B
$1.8B
Q1 25
-$1.6B
-$1.8B
Q2 25
$868M
$637M
Q3 25
$1.6B
$1.3B
Q4 25
$3.9B
$3.2B
marketcaparena.com
Capital Expenditures
CapEx
Quarter
CapEx
Q1 23
$309M
Q2 23
$304M
Q3 23
$359M
Q4 23
$803M
Q1 24
$270M
Q2 24
$320M
Q3 24
$361M
Q4 24
$816M
Q1 25
$256M
Q2 25
$231M
Q3 25
$301M
Q4 25
$662M
marketcaparena.com
OpEx vs Revenue Growth (YoY)
Revenue Growth
OpEx Growth
Quarter
Revenue Growth
OpEx Growth
Q1 23
+5.7%
+5.7%
Q2 23
+8.8%
+9.7%
Q3 23
+9.0%
+7.8%
Q4 23
+6.0%
+20.9%
Q1 24
+8.9%
+8.5%
Q2 24
+6.7%
+6.0%
Q3 24
+2.3%
+1.3%
Q4 24
+0.5%
-13.0%
Q1 25
-6.6%
-1.8%
Q2 25
+1.3%
-2.2%
Q3 25
+4.3%
+3.4%
Q4 25
+9.6%
+11.2%
marketcaparena.com
Stock-Based Compensation
SBC ($)
% of Revenue
Quarter
SBC ($)
% of Revenue
Q1 23
$19M
0.2%
Q2 23
$28M
0.3%
Q3 23
$17M
0.2%
Q4 23
$23M
0.2%
Q1 24
$20M
0.2%
Q2 24
$26M
0.3%
Q3 24
$26M
0.3%
Q4 24
$29M
0.3%
Q1 25
$20M
0.2%
Q2 25
$20M
0.2%
Q3 25
$25M
0.2%
Q4 25
$54M
0.5%
marketcaparena.com
OpEx Breakdown
R&D
G&A
S&M
Quarter
R&D
G&A
S&M
Q1 23
—
$1.0B
—
Q2 23
—
$1.1B
—
Q3 23
—
$1.0B
—
Q4 23
$1.2B
$878M
$289M
Q1 24
—
$1.1B
—
Q2 24
—
$1.1B
—
Q3 24
—
$986M
—
Q4 24
$1.1B
$843M
—
Q1 25
—
$1.0B
—
Q2 25
—
$1.0B
—
Q3 25
—
$985M
—
Q4 25
—
$1.0B
—
marketcaparena.com
Revenue by Geography
All Other - Geographic Region [Domain]
Asia Pacific
Europe
United States
Quarter
All Other - Geographic Region [Domain]
Asia Pacific
Europe
United States
Q1 23
$127M
$376M
$547M
$8.1B
Q2 23
$204M
$397M
$601M
$8.4B
Q3 23
$223M
$376M
$640M
$8.5B
Q4 23
$328M
$419M
$667M
$9.3B
Q1 24
$127M
$359M
$676M
$9.0B
Q2 24
$141M
$377M
$667M
$9.0B
Q3 24
$155M
$378M
$685M
$8.8B
Q4 24
$188M
$438M
$809M
$9.3B
Q1 25
$165M
$417M
$704M
$8.2B
Q2 25
$197M
$452M
$752M
$8.9B
marketcaparena.com
War Chest
Cash & Equivalents
Short-Term Investments
Quarter
Cash
Short-term Investments
Total
Q1 23
$2.5B
$0
$2.5B
Q2 23
$3.4B
$0
$3.4B
Q3 23
$2.1B
$0
$2.1B
Q4 23
$3.1B
$0
$3.1B
Q1 24
$3.1B
$0
$3.1B
Q2 24
$3.3B
$0
$3.3B
Q3 24
$3.3B
$0
$3.3B
Q4 24
$4.4B
$0
$4.4B
Q1 25
$1.7B
$0
$1.7B
Q2 25
$1.9B
$0
$1.9B
Q3 25
$2.0B
$0
$2.0B
Q4 25
$4.4B
$0
$4.4B
marketcaparena.com
Shares Outstanding
Shares Outstanding
Quarter
Shares (Diluted)
QoQ Change
Q1 23
153M
-0.8%
Q2 23
152M
-0.7%
Q3 23
152M
-0.3%
Q4 23
151M
-0.4%
Q1 24
149M
-1.2%
Q2 24
148M
-1.1%
Q3 24
147M
-0.8%
Q4 24
147M
+0.5%
Q1 25
145M
-1.6%
Q2 25
144M
-0.6%
Q3 25
144M
-0.3%
Q4 25
143M
-0.4%
marketcaparena.com
Revenue Per Employee
Revenue / Employee
Year
Revenue/Employee
Employees
FY 14
$373K
64K
FY 15
$362K
65K
FY 16
$366K
67K
FY 17
$369K
70K
FY 18
$354K
85K
FY 19
$376K
90K
FY 20
$379K
97K
FY 21
$405K
88K
FY 22
$385K
95K
FY 23
$389K
101K
FY 24
$423K
97K
FY 25
$442K
95K
marketcaparena.com