Northrop Grumman Corporation logo NOC - Northrop Grumman Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 20
HOLD 14
SELL 1
STRONG
SELL 0
| PRICE TARGET: $731.46 DETAILS
HIGH: $815.00
LOW: $623.00
MEDIAN: $750.00
CONSENSUS: $731.46
UPSIDE: 31.66%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 41,954 41,033 39,290 36,602 35,667 36,799 33,841 30,095 25,803 24,508 23,526 23,979 24,661 25,218 26,412 28,143 33,755 33,887 32,018 30,148 30,721 29,853 26,206 17,206 13,558 7,618 8,995 8,902 9,153 8,071 6,818 6,711 5,063
Cost of Revenue 33,641 32,671 32,739 29,128 28,399 29,321 26,582 23,304 19,849 18,731 17,884 18,378 19,282 19,638 20,786 22,849 28,130 27,698 25,804 24,660 25,590 25,135 22,322 14,104 11,219 5,065 6,463 6,537 6,622 5,849 5,039 5,210 4,148
Gross Profit 8,313 8,362 6,551 7,474 7,268 7,478 7,259 6,791 5,954 5,777 5,642 5,601 5,379 5,580 5,626 5,294 5,625 6,189 6,214 5,488 5,131 4,718 3,884 3,102 2,339 2,553 2,532 2,365 2,531 2,222 1,779 1,501 915
Operating Expenses
R&D Expenses 1,100 1,100 1,200 1,200 1,100 0 953 764 639 705 712 569 507 520 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 4,033 2,893 3,906 1,136 227 3,249 4,290 2,617 1,477 2,971 2,566 2,405 2,256 2,450 2,350 2,467 3,142 3,240 3,208 3,034 2,953 2,712 2,346 1,711 1,335 1,074 1,174 1,216 1,233 1,197 963 1,035 485
Other Expenses (1,100) (1) (1,092) 1,537 290 164 (1,953) (341) 596 (1,044) (712) (569) (507) 0 0 0 0 3,060 0 0 0 (35) 0 0 0 381 389 393 418 367 280 267 211
Operating Expenses 4,033 3,992 4,014 3,873 1,617 3,413 3,290 3,040 2,712 2,632 2,566 2,405 2,256 2,403 23,136 2,467 3,142 6,300 3,208 3,034 2,953 2,677 2,346 1,711 1,335 1,455 1,563 1,609 1,651 1,564 1,243 1,302 696
Operating Income
Operating Income 4,280 4,370 2,537 3,601 5,651 4,065 3,969 3,780 3,299 3,193 3,076 3,196 3,123 3,130 3,276 2,827 2,483 (111) 3,006 2,454 2,178 2,041 1,538 1,391 1,004 1,098 969 756 880 658 536 199 219
Interest Expense 665 621 545 506 556 593 528 562 360 301 301 282 257 212 221 269 281 295 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 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 0 0 0
Profitability
EBITDA 7,205 6,839 4,229 7,684 8,734 5,588 4,234 5,104 4,928 3,394 3,558 3,681 3,615 3,687 3,848 3,382 3,283 688 3,725 3,155 2,954 2,702 2,103 1,645 1,678 1,479 1,343 1,145 1,298 1,078 862 466 430
EBIT 5,733 5,469 2,891 6,342 7,495 4,321 2,969 4,304 4,453 2,982 3,076 3,196 3,123 3,177 3,304 2,635 2,547 (225) 3,022 2,633 2,200 1,986 1,468 1,120 1,033 1,098 954 752 880 703 572 199 219
Income Before Tax 5,068 5,016 2,346 5,836 8,938 3,728 2,548 3,742 3,049 2,923 2,790 2,937 2,863 2,965 3,083 2,366 2,266 (368) 2,686 2,276 2,044 1,615 1,131 1,009 699 975 762 312 651 384 409 65 170
Income Tax Expense 886 842 290 940 1,933 539 300 513 1,034 723 800 868 911 987 997 462 693 913 883 709 661 522 323 312 272 350 279 118 244 150 157 30 74
Net Income 4,182 4,174 2,056 4,896 7,005 3,189 2,248 3,229 2,015 2,200 1,990 2,069 1,952 1,978 2,118 2,053 1,686 (1,262) 1,790 1,542 1,400 1,084 866 64 427 608 467 194 407 234 252 35 96
Per Share Data
EPS (Basic) 29.14 28.39 13.57 31.61 43.70 19.08 13.28 18.59 11.55 12.30 10.51 9.91 8.50 7.96 7.65 6.91 5.28 -3.77 5.24 4.46 3.93 3.01 2.11 1.87 2.39 4.31 3.37 1.42 3.05 2.11 2.40 0.46 1.02
EPS (Diluted) 29.08 28.34 13.53 31.47 43.54 19.03 13.22 18.49 11.47 12.19 10.39 9.75 8.35 7.81 7.52 6.82 5.21 -3.77 5.12 4.37 3.85 2.97 2.09 1.84 2.37 4.29 3.35 1.40 2.99 2.08 2.36 0.46 1.00
Shares Outstanding 143.5 147 151.5 154.9 160.3 167.1 169.3 173.7 174.4 178.9 189.4 208.8 229.6 248.6 276.8 296.9 319.2 334.5 341.7 345.7 356.5 359.7 404.7 224.9 171.1 141.2 138.8 137.1 133.4 125.1 115.7 76.1 94.1
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 4,403 4,353 3,109 2,577 3,530 4,907 2,245 1,579 11,225 2,541 3,275 1,504 1,230 342 1,412 464 319 142 44 63 44 18 17 100
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 8,843 7,697 8,647 7,494 6,959 6,641 6,660 6,474 4,519 3,299 3,394 3,904 3,492 3,226 2,889 2,643 1,557 1,402 1,507 1,441 1,356 1,197 1,202 820
Inventory 1,309 1,455 1,109 978 811 759 783 654 780 816 1,170 1,003 1,061 1,147 1,091 1,226 585 1,190 1,373 1,283 1,053 771 1,043 569
Other Current Assets 543 583 635 1,259 944 2,827 878 973 445 200 738 734 722 836 10,283 1,243 65 59 109 149 144 86 169 71
Total Current Assets 15,098 14,088 13,500 12,308 12,244 15,134 10,566 9,680 16,587 6,856 8,635 7,189 6,849 5,745 15,835 4,589 2,526 2,793 3,033 2,936 2,597 2,072 2,431 1,560
Non-Current Assets
Property, Plant & Equipment 12,831 12,306 11,471 10,611 9,549 8,604 8,423 6,372 4,225 3,588 4,868 4,810 4,210 4,036 3,605 2,767 1,015 1,240 1,274 1,346 1,402 1,176 1,378 1,016
Goodwill 17,437 17,512 17,517 17,516 17,515 17,518 18,708 18,672 12,455 12,450 13,517 947 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 208 254 305 384 578 783 1,040 1,372 52 61 873 14,518 18,659 19,043 18,210 9,807 4,432 3,469 4,176 4,317 4,424 1,759 1,735 278
Long-Term Investments 483 347 339 332 418 377 364 319 352 330 300 0 0 (509) 0 (344) 0 0 0 0 0 0 0 0
Other Non-Current Assets 4,269 3,253 2,186 2,262 1,893 1,532 1,361 1,144 1,061 928 1,049 2,733 3,557 4,185 4,442 3,723 1,649 1,783 1,053 1,078 999 448 503 85
Total Non-Current Assets 36,279 35,271 32,838 31,267 30,153 29,125 30,404 27,973 18,568 18,758 21,617 23,008 26,454 27,264 26,431 16,297 7,096 6,492 6,503 6,741 6,825 3,383 3,616 1,379
Total Assets 51,377 49,359 46,544 43,755 42,579 44,469 41,089 37,653 34,917 25,614 30,252 30,197 33,361 33,009 42,266 20,886 9,622 9,285 9,536 9,677 9,422 5,455 6,047 2,939
Current Liabilities
Account Payables 3,240 2,599 2,110 2,587 2,197 1,806 2,226 2,182 1,661 1,554 1,921 1,943 1,750 1,514 1,427 982 564 490 416 463 477 360 396 324
Short-Term Debt 865 1,906 370 1,371 290 1,005 1,448 517 867 12 103 501 42 471 225 458 10 225 269 291 428 209 301 0
Deferred Revenue 4,086 4,070 4,193 3,609 3,026 2,517 2,237 1,917 1,617 1,471 1,281 1,284 1,070 995 1,018 344 0 0 0 0 0 0 0 0
Other Current Liabilities 3,382 3,282 3,018 1,963 2,024 2,255 1,241 1,982 3,182 1,251 1,726 1,660 2,907 3,375 8,703 2,865 2,114 1,749 1,682 1,961 1,695 1,146 1,267 755
Total Current Liabilities 13,882 14,128 11,942 11,587 9,530 9,580 9,434 8,274 6,965 5,630 6,985 7,424 6,223 6,361 11,373 5,132 2,688 2,464 2,367 2,715 2,600 1,715 1,964 1,079
Non-Current Liabilities
Long-Term Debt 17,019 16,490 15,678 13,629 14,367 15,604 14,078 13,883 14,399 7,058 4,191 3,443 5,466 5,410 9,398 5,033 1,605 2,000 2,562 2,500 2,950 1,163 1,633 160
Deferred Tax Liabilities 0 0 0 132 490 0 0 108 1,708 2,396 0 0 506 509 101 669 276 64 0 75 61 31 16 47
Other Non-Current Liabilities 1,945 1,653 2,237 1,271 3,676 7,363 7,450 7,201 4,797 7,667 6,389 7,410 4,438 4,581 6,684 2,189 1,134 1,500 1,757 1,764 1,683 1,087 1,144 331
Total Non-Current Liabilities 20,821 19,941 19,807 16,856 20,123 24,310 22,836 21,192 20,904 14,725 10,580 10,853 10,438 10,850 16,432 8,241 3,015 3,564 4,319 4,339 4,694 2,281 2,793 538
Total Liabilities 34,703 34,069 31,749 28,443 29,653 33,890 32,270 29,466 27,869 20,355 17,565 18,277 16,661 17,211 27,805 13,373 5,703 6,028 6,686 7,054 7,294 3,996 4,757 1,617
Stockholders' Equity
Common Stock 142 145 150 153 156 167 168 171 174 175 307 327 364 12,433 12,511 4,451 1,200 1,028 0 0 0 0 0 0
Retained Earnings 16,658 15,297 14,773 15,312 12,913 10,482 8,748 8,068 11,548 10,630 6,737 5,590 4,014 3,431 2,870 3,011 2,742 2,248 1,892 1,807 1,348 1,199 1,026 1,070
Accumulated Other Comprehensive Income (126) (152) (128) (153) (143) (128) (97) (52) (4,718) (5,546) (3,014) (3,642) (104) (79) (1,059) (71) (23) (19) 0 0 0 0 0 0
Total Stockholders' Equity 16,674 15,290 14,795 15,312 12,926 10,579 8,819 8,187 7,048 5,259 12,687 11,920 16,700 15,785 14,322 7,391 3,919 3,257 2,850 2,623 2,128 1,459 1,290 1,322
Total Liabilities & Equity 51,377 49,359 46,544 43,755 42,579 44,469 41,089 37,653 34,917 25,614 30,252 30,197 33,361 33,009 42,266 20,886 9,622 9,285 9,536 9,677 9,422 5,455 6,047 2,939
Debt Metrics
Total Debt 19,741 20,194 17,940 16,824 16,247 17,952 16,834 14,400 15,266 7,070 4,294 3,944 5,508 5,881 9,623 5,491 1,615 2,225 2,831 2,791 3,378 1,372 1,934 160
Net Debt 15,338 15,841 14,831 14,247 12,717 13,045 14,589 12,821 4,041 4,529 1,019 2,440 4,278 5,539 8,211 5,027 1,296 2,083 2,787 2,728 3,334 1,354 1,917 60
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income 4,182 4,174 2,056 4,896 7,005 3,189 2,248 3,229 2,015 2,200 1,383 1,093 808 64 427 608 483 194 407 234 252 35 96
Depreciation & Amortization 1,472 1,370 1,338 1,342 1,239 1,267 1,018 800 475 456 755 717 635 525 645 381 389 393 418 367 280 267 211
Stock-Based Compensation 119 101 87 99 94 90 127 86 94 93 172 154 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (863) 335 (144) (600) 181 (1,451) (575) (914) 72 189 289 (134) (1,852) 1,714 (235) 79 327 (452) (272) (126) 150 (208) 62
Other Non-Cash Items (701) (1,010) 1,526 (2,515) (5,555) 1,000 1,988 392 (646) (161) (77) 15 53 152 36 12 20 28 16 6 (56) 269 (15)
Operating Cash Flow 4,757 4,388 3,875 2,901 3,567 4,305 4,297 3,827 2,613 2,813 2,627 1,936 798 1,689 817 1,010 1,207 244 730 701 744 441 380
Investing Activities
Capital Expenditure (1,450) (1,767) (1,775) (1,435) (1,415) (1,420) (1,264) (1,249) (928) (920) (824) (672) (701) (538) (393) (274) (433) (261) (238) (194) (133) (134) (134)
Acquisitions 0 0 0 155 3,400 205 0 (7,657) 0 0 (361) 0 0 0 (3,061) (510) 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 68 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 197 0 0 0 0 0 0 0 238 23 0 29 0 0 0 0 0 0 0 28 0
Other Investing Activities 295 18 (4) 39 73 4 57 28 39 115 24 658 3,582 391 250 706 41 26 125 (2,804) 17 (1,857) 11
Investing Cash Flow (1,155) (1,749) (1,582) (1,241) 2,058 (1,211) (1,207) (8,878) (889) (805) (855) 9 2,881 (118) (3,204) (78) (392) (235) (113) (2,998) (116) (1,963) (123)
Financing Activities
Net Debt Issuance (502) 2,495 945 0 (2,236) 1,134 (729) (2,398) 8,232 563 9 (735) (3,817) (487) 1,929 (660) (612) 40 (586) 2,009 (552) 1,520 (351)
Stock Repurchased (1,624) (2,514) (1,500) (1,504) (3,705) (490) (809) (1,263) (393) (1,547) (1,210) (786) (200) 0 0 0 0 0 0 0 (79) 0 0
Dividends Paid (1,293) (1,186) (1,116) (1,052) (983) (953) (880) (821) (689) (640) (359) (322) (305) (205) (158) (114) (111) (109) (102) (85) 0 (79) (77)
Other Financing Activities (133) (190) (90) (57) (78) (57) (6) (113) (190) (162) 0 0 (460) (7) (64) 0 0 5 (6) (101) (1) (9) 0
Financing Cash Flow (3,552) (1,395) (1,761) (2,613) (7,002) (432) (2,424) (4,595) 6,960 (1,786) (1,397) (1,009) (4,749) (623) 2,532 (755) (717) (28) (677) 2,323 (627) 1,439 (387)
Cash Position
Net Change in Cash 50 1,244 532 (953) (1,377) 2,662 666 (9,646) 8,684 222 375 936 (1,070) 948 145 177 98 (28) (677) 2,323 (627) 1,439 (387)
Cash at Beginning 4,353 3,109 2,577 3,530 4,907 2,245 1,579 11,225 2,541 2,319 1,230 294 1,412 464 319 142 44 63 123 18 17 100 230
Cash at End 4,403 4,353 3,109 2,577 3,530 4,907 2,245 1,579 11,225 2,541 1,605 1,230 342 1,412 464 319 142 35 (554) 2,341 (610) 1,539 (157)
Free Cash Flow 3,307 2,621 2,100 1,466 2,152 2,885 3,033 2,578 1,685 1,893 1,803 1,264 97 1,151 424 736 774 (17) 492 507 611 307 246
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 41,954 41,033 39,290 36,602 35,667 36,799 33,841 30,095 25,803 24,508 23,526 23,979 24,661 25,218 26,412 28,143 33,755 33,887 32,018 30,148 30,721 29,853 26,206 17,206 13,558 7,618 8,995 8,902 9,153 8,071 6,818 6,711 5,063
Gross Profit 8,313 8,362 6,551 7,474 7,268 7,478 7,259 6,791 5,954 5,777 5,642 5,601 5,379 5,580 5,626 5,294 5,625 6,189 6,214 5,488 5,131 4,718 3,884 3,102 2,339 2,553 2,532 2,365 2,531 2,222 1,779 1,501 915
Operating Income 4,280 4,370 2,537 3,601 5,651 4,065 3,969 3,780 3,299 3,193 3,076 3,196 3,123 3,130 3,276 2,827 2,483 (111) 3,006 2,454 2,178 2,041 1,538 1,391 1,004 1,098 969 756 880 658 536 199 219
Net Income 4,182 4,174 2,056 4,896 7,005 3,189 2,248 3,229 2,015 2,200 1,990 2,069 1,952 1,978 2,118 2,053 1,686 (1,262) 1,790 1,542 1,400 1,084 866 64 427 608 467 194 407 234 252 35 96
EPS (Diluted) 29.08 28.34 13.53 31.47 43.54 19.03 13.22 18.49 11.47 12.19 10.39 9.75 8.35 7.81 7.52 6.82 5.21 -3.77 5.12 4.37 3.85 2.97 2.09 1.84 2.37 4.29 3.35 1.40 2.99 2.08 2.36 0.46 1.00
Balance Sheet
Cash & Equivalents 4,403 4,353 3,109 2,577 3,530 4,907 2,245 1,579 11,225 2,541 3,275 1,504 1,230 342 1,412 464 319 142 44 63 44 18 17 100
Total Assets 51,377 49,359 46,544 43,755 42,579 44,469 41,089 37,653 34,917 25,614 30,252 30,197 33,361 33,009 42,266 20,886 9,622 9,285 9,536 9,677 9,422 5,455 6,047 2,939
Total Debt 19,741 20,194 17,940 16,824 16,247 17,952 16,834 14,400 15,266 7,070 4,294 3,944 5,508 5,881 9,623 5,491 1,615 2,225 2,831 2,791 3,378 1,372 1,934 160
Stockholders' Equity 16,674 15,290 14,795 15,312 12,926 10,579 8,819 8,187 7,048 5,259 12,687 11,920 16,700 15,785 14,322 7,391 3,919 3,257 2,850 2,623 2,128 1,459 1,290 1,322
Cash Flow
Operating Cash Flow 4,757 4,388 3,875 2,901 3,567 4,305 4,297 3,827 2,613 2,813 2,627 1,936 798 1,689 817 1,010 1,207 244 730 701 744 441 380
Capital Expenditure (1,450) (1,767) (1,775) (1,435) (1,415) (1,420) (1,264) (1,249) (928) (920) (824) (672) (701) (538) (393) (274) (433) (261) (238) (194) (133) (134) (134)
Free Cash Flow 3,307 2,621 2,100 1,466 2,152 2,885 3,033 2,578 1,685 1,893 1,803 1,264 97 1,151 424 736 774 (17) 492 507 611 307 246