NOC
Northrop Grumman Corp /De/
$541.82
+2.19 (+0.41%)
At close · Jul 13
Market Cap
$76.96B
Shares
142,033,476
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$41.95B
+2.2%
FY2025
Net Income
$4.18B
+0.2%
FY2025
Gross Margin
52.81%
-2.7pp
FY2017
Operating Margin
10.75%
+0.1pp
FY2025
Diluted EPS
$29.08
+2.6%
FY2025
Operating Cash Flow
$4.76B
+8.4%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 | FY2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $42.37B | $41.95B | $41.03B | $39.29B | $36.6B | $35.67B | $36.8B | $33.84B | $30.1B | $26B | $24.71B | $23.53B | $23.98B | $24.66B | $25.22B | $26.41B | $28.14B | $27.65B | $26.25B | $30.34B | |
| $13.21B | — | — | — | — | — | — | — | — | $12.27B | $11B | $10.33B | $10.43B | $10.62B | $10.42B | $11.49B | $12.56B | $12.65B | $10.97B | $14.34B | |
| $13.77B | — | — | — | — | — | — | — | — | $13.73B | $13.7B | $13.19B | $13.55B | $14.04B | $14.8B | $14.92B | $15.59B | $15B | $15.29B | $16B | |
| — | — | — | — | — | — | — | — | — | 52.81% | 55.47% | 56.08% | 56.5% | 56.92% | 58.7% | 56.49% | 55.38% | 54.26% | 58.23% | 52.74% | |
| — | $1.1B | $1.1B | $1.2B | $1.2B | $1.1B | $1.1B | $953M | $764M | $639M | $705M | $712M | $569M | $507M | $520M | $543M | $580M | $588M | $543M | — | |
| $4B | $4.03B | $3.99B | $4.01B | $3.87B | $3.6B | $3.41B | $3.29B | $3.01B | $2.71B | $2.63B | $2.57B | $2.41B | $2.26B | $2.45B | $2.35B | $2.47B | $2.57B | $2.58B | $3.06B | |
| — | $45M | $57M | $80M | $197M | $204M | $262M | $332M | $203M | $14M | $16M | $22M | $22M | $26M | $36M | $37M | $71M | — | — | — | |
| $1.51B | $1.47B | $1.37B | $1.34B | $1.34B | $1.24B | $1.27B | $1.27B | $800M | $475M | $456M | $467M | $462M | $495M | $510M | $544M | $555M | $550M | — | — | |
| $37.67B | $37.67B | $36.66B | $36.75B | $33B | $32B | $32.73B | $29.87B | — | — | — | — | — | — | — | — | — | — | — | — | |
| $4.93B | $4.51B | $4.37B | $2.54B | $3.6B | $5.65B | $4.07B | $3.97B | $3.78B | $3.22B | $3.28B | $3.08B | $3.2B | $3.12B | $3.13B | $3.28B | $2.83B | $2.27B | $2.08B | $2.93B | |
| — | 10.75% | 10.65% | 6.46% | 9.84% | 15.84% | 11.05% | 11.73% | 12.56% | 12.38% | 13.26% | 13.07% | 13.33% | 12.66% | 12.41% | 12.4% | 10.05% | 8.22% | 7.91% | 9.64% | |
| $6.43B | $5.98B | $5.74B | $3.88B | $4.94B | $6.89B | $5.33B | $5.23B | $4.58B | $3.69B | $3.73B | $3.54B | $3.66B | $3.62B | $3.64B | $3.82B | $3.38B | $2.82B | — | — | |
| $160M | $154M | $168M | $246M | $4M | $19M | $92M | $107M | $130M | $136M | $44M | $15M | $23M | -$3M | $47M | $28M | $37M | $65M | $36M | $17M | |
| $5.52B | $5.07B | $5.02B | $2.35B | $5.84B | $8.94B | $3.73B | $2.55B | $3.74B | $4.23B | $2.68B | $2.79B | $2.94B | $2.86B | $2.97B | $3.08B | $2.37B | $2.07B | $1.84B | $2.61B | |
| $944M | $886M | $842M | $290M | $940M | $1.93B | $539M | $300M | $513M | $1.36B | $638M | $800M | $868M | $911M | $987M | $997M | $462M | $636M | $823M | $855M | |
| $4.58B | $4.18B | $4.17B | $2.06B | $4.9B | $7.01B | $3.19B | $2.25B | $3.23B | $2.87B | $2.04B | $1.99B | $2.07B | $1.95B | $1.98B | $2.12B | $2.05B | $1.69B | -$1.26B | $1.79B | |
| — | 9.97% | 10.17% | 5.23% | 13.38% | 19.64% | 8.67% | 6.64% | 10.73% | 11.03% | 8.27% | 8.46% | 8.63% | 7.92% | 7.84% | 8.02% | 7.29% | 6.1% | -4.81% | 5.9% | |
| $4.59B | $4.21B | $4.15B | $2.08B | $4.89B | $6.99B | $3.16B | $2.2B | $3.16B | $2.82B | $1.93B | $2.03B | -$303M | $3.76B | $681M | $861M | $2.31B | $2.31B | -$4.21B | $2.4B | |
| USD/shares | — | $29.14 | $28.39 | $13.57 | $31.61 | $43.70 | $19.08 | $13.28 | $18.59 | $16.45 | $11.42 | $10.51 | $9.91 | $8.50 | $7.96 | $7.65 | $6.91 | $5.28 | -$3.77 | $5.24 |
| USD/shares | — | $29.08 | $28.34 | $13.53 | $31.47 | $43.54 | $19.03 | $13.22 | $18.49 | $16.34 | $11.32 | $10.39 | $9.75 | $8.35 | $7.81 | $7.52 | $6.82 | $5.21 | -$3.69 | $5.12 |
| shares | — | 143.5M | 147M | 151.5M | 154.9M | 160.3M | 167.1M | 169.3M | 173.7M | 174.4M | 178.9M | 189.4M | 208.8M | 229.6M | 248.6M | 276.8M | 296.9M | 319.2M | 334.5M | 341.7M |
| shares | — | 143.8M | 147.3M | 152M | 155.6M | 160.9M | 167.6M | 170M | 174.6M | 175.6M | 180.5M | 191.6M | 212.1M | 233.9M | 253.4M | 281.6M | 301.1M | 323.3M | 341.6M | 354.3M |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2007–FY2025: $32.12B in buybacks, $14.52B in dividends.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
2.13×
Aerospace & Defense median 4.14×
EV/EBIT
18.27×
Aerospace & Defense median 31.11×
P/E (TTM)
16.98×
Aerospace & Defense median 40.51×
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Aeronautics Systems | $12,992,000,000 | $12,396,000,000 | $11,164,000,000 | $10,531,000,000 | $11,259,000,000 | $12,169,000,000 | $11,116,000,000 | $10,293,000,000 |
| Mission Systems | $12,506,000,000 | $11,399,000,000 | $10,895,000,000 | $10,396,000,000 | $10,134,000,000 | $10,080,000,000 | $9,410,000,000 | $8,949,000,000 |
| Space Systems | $10,771,000,000 | $11,731,000,000 | $11,873,000,000 | $10,570,000,000 | $10,608,000,000 | $8,744,000,000 | $7,425,000,000 | $5,845,000,000 |
| Defense Systems | $8,002,000,000 | $7,399,000,000 | $7,185,000,000 | $7,629,000,000 | $5,776,000,000 | $7,543,000,000 | $7,495,000,000 | $6,612,000,000 |
| Aerospace Systems | — | — | — | — | — | — | $13,862,000,000 | $13,096,000,000 |
| Innovation Systems | — | — | — | — | — | — | $6,119,000,000 | $3,276,000,000 |
| Technology Services | — | — | — | — | — | — | $4,110,000,000 | $4,297,000,000 |
By Geography (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| United States | $35,964,000,000 | $36,033,000,000 | $34,385,000,000 | $31,754,000,000 | $30,685,000,000 | $31,611,000,000 | $28,687,000,000 | $25,661,000,000 |
| Europe | $3,286,000,000 | $2,837,000,000 | $2,455,000,000 | $2,252,000,000 | $2,107,000,000 | $2,082,000,000 | $1,833,000,000 | $1,514,000,000 |
| Asia Pacific | $1,919,000,000 | $1,552,000,000 | $1,568,000,000 | $1,802,000,000 | $1,939,000,000 | $1,968,000,000 | $1,836,000,000 | $1,666,000,000 |
| All Other Geographic Region Domain | $785,000,000 | $611,000,000 | $882,000,000 | $794,000,000 | $936,000,000 | $1,138,000,000 | $1,485,000,000 | $1,254,000,000 |
By Product & Service (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Product | $33,741,000,000 | $32,726,000,000 | $30,897,000,000 | $28,522,000,000 | $27,868,000,000 | $27,015,000,000 | $23,852,000,000 | $20,469,000,000 |
| Service | $8,213,000,000 | $8,307,000,000 | $8,393,000,000 | $8,080,000,000 | $7,799,000,000 | $9,784,000,000 | $9,989,000,000 | $9,626,000,000 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Mission Systems | $1,827,000,000 | $1,598,000,000 | $1,609,000,000 | $1,618,000,000 | $1,579,000,000 | $1,459,000,000 | $1,408,000,000 | $1,245,000,000 |
| Space Systems | $1,183,000,000 | $1,254,000,000 | $1,130,000,000 | $1,078,000,000 | $1,121,000,000 | $893,000,000 | $794,000,000 | $644,000,000 |
| Defense Systems | $871,000,000 | $716,000,000 | $684,000,000 | $781,000,000 | $696,000,000 | $846,000,000 | $793,000,000 | $697,000,000 |
| Aeronautics Systems | $813,000,000 | $1,236,000,000 | -$416,000,000 | $1,116,000,000 | $1,093,000,000 | $1,206,000,000 | $1,188,000,000 | $1,128,000,000 |
| Aerospace Systems | — | — | — | — | — | — | $1,434,000,000 | $1,411,000,000 |
| Innovation Systems | — | — | — | — | — | — | $671,000,000 | $343,000,000 |
| Technology Services | — | — | — | — | — | — | $457,000,000 | $443,000,000 |
Operating Margin by Segment (%)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Aeronautics Systems | 6.3% | 10% | -3.7% | 10.6% | 9.7% | 9.9% | 10.7% | 11% |
| Mission Systems | 14.6% | 14% | 14.8% | 15.6% | 15.6% | 14.5% | 15% | 13.9% |
| Space Systems | 11% | 10.7% | 9.5% | 10.2% | 10.6% | 10.2% | 10.7% | 11% |
| Defense Systems | 10.9% | 9.7% | 9.5% | 10.2% | 12% | 11.2% | 10.6% | 10.5% |
| Aerospace Systems | — | — | — | — | — | — | 10.3% | 10.8% |
| Innovation Systems | — | — | — | — | — | — | 11% | 10.5% |
| Technology Services | — | — | — | — | — | — | 11.1% | 10.3% |
Key facts
CIK
1133421
CUSIP
666807102
13F (30d)
182 filings
160 filers
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