Northrop Grumman Corporation

Northrop Grumman Corporation

NOCยทNYSE

$526.06

-2.0%
IndustrialsAerospace & Defense

Northrop Grumman Corporation operates as an aerospace and defense company worldwide. The company's Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic ISR systems and vertical take-off and landing tactical ISR systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems. Its Defense Systems segment designs, develops, and produces weapons and mission systems. It offers products and services, such as integrated battle management systems, weapons systems and aircraft, and mission systems. This segment also provides command and control and weapons systems, including munitions and missiles; precision strike weapons; propulsion, such as air-breathing and hypersonic systems; gun systems and precision munitions; life cycle service and support for software, weapons systems, and aircraft; and logistics support, sustainment, operation, and modernization for air, sea, and ground systems. The company's Mission Systems segment offers cyber, command, control, communications and computers, intelligence, surveillance, and reconnaissance systems; radar, electro-optical/infrared and acoustic sensors; electronic warfare systems; advanced communications and network systems; cyber solutions; intelligence processing systems; navigation; and maritime power, propulsion, and payload launch systems. This segment also provides airborne multifunction sensors; maritime/land systems and sensors; navigation, targeting, and survivability solutions; and networked information solutions. Its Space Systems segment offers satellites and payloads; ground systems; missile defense systems and interceptors; launch vehicles and related propulsion systems; and strategic missiles. The company was founded in 1939 and is based in Falls Church, Virginia.

At a Glance

Live Snapshot
Market Cap$74.72B
EPS29.1400
P/E Ratio18.05
Earnings Date07/23/2026
3Y+64.0%
5Y+10.0%
10Y+69.0%
3Y-7.0%
5Y-5.0%
10Y+43.0%
3Y+36.0%
5Y+722.0%
10Y+99.0%
NOC

Northrop Grumman Corporation Cash Conversion Engine

NOC ยท NYSE
Net Income4.18B
Depreciation & Amortization1.47B
Stock-Based Compensation119.00M
Change in Working Capital-863.00M
Others-701.00M
Capital Expenditures-1.45B
Free Cash Flow3.31B

Cash Flow Quality Analysis

FCF Conversion Rate

79.1%

Moderate conversion rate. Some gap between earnings and cash flow may warrant investigation into working capital or non-cash items.

CapEx Intensity

30.5%

Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.

FCF Growth Trend

+26.2%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$863.00M

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

Solid cash generation: Positive free cash flow with reasonable earnings quality provides financial flexibility for growth investments, debt reduction, or shareholder returns.

Northrop Grumman Corporation Cash Flow Statement

NOC โ€ข NYSE

Northrop Grumman Corporation Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
4.2B
4.2B
2.1B
4.9B
7B
3.2B
2.2B
3.2B
2B
2.2B
2B
2.1B
2B
2B
-32M
1.9B
1.7B
-1.3B
1.8B
1.5B
1.5B
1.4B
1.3B
1.3B
1.2B
1.3B
1B
800M
475M
456M
467M
462M
495M
510M
544M
555M
585M
761M
719M
691M
548M
-582M
-988M
-321M
603M
210M
-509M
234M
603M
36M
572M
216M
128M
-45M
-249M
365M
251M
183M
175M
183M
119M
101M
87M
99M
94M
90M
127M
86M
94M
93M
99M
134M
144M
183M
140M
136M
105M
-48M
-52M
-57M
-701M
-1B
1.5B
-2.5B
-5.6B
1B
2B
392M
-646M
-161M
-711M
-366M
-137M
-12M
2.2B
198M
-545M
3.1B
216M
107M
-863M
335M
-144M
-600M
181M
-1.5B
-575M
-914M
72M
189M
-255M
78M
-99M
26M
-472M
-720M
51M
450M
42M
-710M
4.8B
4.4B
3.9B
2.9B
3.6B
4.3B
4.3B
3.8B
2.6B
2.8B
2.2B
2.6B
2.5B
2.6B
2.1B
2.5B
2.1B
3.2B
2.9B
1.8B
INVESTING ACTIVITIES
-1.5B
-1.8B
-1.8B
-1.4B
-1.4B
-1.4B
-1.3B
-1.2B
-928M
-920M
-471M
-561M
-364M
-331M
-488M
-585M
-722M
-681M
-685M
-737M
(0.0)
(0.0)
(0.0)
(155M)
(3.4B)
(205M)
(0.0)
-7.7B
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(611M)
(4M)
(14M)
(1.6B)
(83M)
-690M
(43M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-450M
-450M
-4M
(0.0)
(0.0)
(0.0)
-35M
0.0
0.0
197M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
250M
200M
-190M
0.0
0.0
0.0
209M
295M
18M
-4M
39M
73M
4M
57M
28M
39M
115M
40M
-84M
18M
-164M
1.4B
5M
-28M
-28M
-55M
-81M
-1.2B
-1.7B
-1.6B
-1.2B
(2.1B)
-1.2B
-1.2B
-8.9B
-889M
-805M
-431M
-645M
-346M
-84M
(680M)
-760M
(867M)
-626M
-1.4B
-601M
FINANCING ACTIVITIES
-1.6B
-2.5B
-1.5B
-1.5B
-3.7B
-490M
-809M
-1.3B
-393M
-1.5B
-3.2B
-2.7B
-2.4B
-1.3B
-2.3B
-1.2B
-1.1B
-1.6B
-901M
-432M
-502M
2.5B
945M
0.0
-2.2B
1.1B
-729M
-2.4B
8.2B
563M
600M
0.0
2B
0.0
-768M
292M
357M
-115M
-159M
-968M
-1.3B
-1.2B
-1.1B
-1.1B
-983M
-953M
-880M
-821M
-689M
-640M
-603M
-563M
-545M
-535M
-543M
-545M
-539M
-525M
-504M
-402M
-1.6B
-2.5B
-1.5B
-1.5B
-3.7B
-490M
-809M
-1.3B
-393M
-1.5B
-3.2B
-2.7B
-2.4B
-1.3B
-2.3B
-1.2B
-1.1B
-1.6B
-1.2B
-825M
-133M
-190M
-90M
-57M
-78M
-57M
-6M
-113M
-190M
-162M
96M
-4M
103M
155M
11M
164M
53M
48M
52M
57M
-3.6B
-1.4B
-1.8B
-2.6B
-7B
-432M
-2.4B
-4.6B
7B
-1.8B
-3.3B
-3.2B
-849M
-1.7B
-3.5B
-1.3B
-1.2B
-2B
-1.5B
-1.7B
CASH FLOW SUMMARY
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-1M
0.0
0.0
0.0
0.0
50M
1.2B
532M
-953M
-1.4B
2.7B
666M
-9.6B
8.7B
222M
-1.5B
-1.3B
1.3B
860M
-699M
427M
1.8B
541M
-52M
-590M
4.4B
3.1B
2.6B
3.5B
4.9B
2.2B
1.6B
11.2B
2.5B
2.3B
3.9B
5.2B
3.9B
3B
3.7B
3.3B
1.5B
963M
1B
1.6B
4.4B
4.4B
3.1B
2.6B
3.5B
4.9B
2.2B
1.6B
11.2B
2.5B
2.3B
3.9B
5.2B
3.9B
3B
3.7B
3.3B
1.5B
963M
1B
3.3B
2.6B
2.1B
1.5B
2.2B
2.9B
3B
2.6B
1.7B
1.9B
1.7B
2B
2.1B
2.3B
1.6B
1.9B
1.4B
2.5B
2.2B
1B

SEC Filings

NOC - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 21, 2026
May 20, 2026
2026
10-Q

10-Q 2026 Q1

Q1

April 21, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 21, 2026
April 21, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 03, 2026
May 20, 2026
2026
8-K

8-K 2026

N/A

February 13, 2026
February 11, 2026
2026
8-K

8-K 2026

N/A

January 27, 2026
January 27, 2026
2026
10-K

10-K 2025 FY

FY

January 27, 2026
December 31, 2025
2025
8-K

8-K 2025

N/A

November 06, 2025
November 03, 2025
2025
8-K

8-K 2025

N/A

October 21, 2025
October 21, 2025
2025
10-Q

10-Q 2025 Q3

Q3

October 21, 2025
September 30, 2025
2025
Showing 1 to 10 of 460 filings