Northrop Grumman (NOC) Capital Expenditures (2009 - 2026)
Northrop Grumman (NOC) recorded Capital Expenditures of $302 million in Q2 2026, up 30.7% from $231 million a year earlier and up 80.8% from the prior quarter.
Northrop Grumman (NOC) Capital Expenditures (2009 - 2026) Analysis & Trends
On a TTM basis, Northrop Grumman's Capital Expenditures came in at $1.43 billion as of Jun 30, 2026, down 13.9% year-over-year; for FY2025, it came in at $1.45 billion, down 17.9% from FY2024.
- Annual Capital Expenditures has a five-year compound annual growth rate of 0.4% (FY2020 to FY2025).
- Across earlier years, Capital Expenditures came in at $1.77 billion in FY2024 (-0.5%), $1.78 billion in FY2023 (+23.7%), $1.44 billion in FY2022 (+1.4%) and $1.42 billion in FY2021 (-0.4%).
- Quarterly Capital Expenditures has ranged from $167 million in Q1 2026 to $816 million in Q4 2024 over the past five years.
- On a year-over-year basis, Capital Expenditures rose in three of the last eight quarters, with an average decline of 8.8%.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 30.7% in Q2 2026, against a decline of 34.8% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $167 million (Q1 2026), $662 million (Q4 2025) and $301 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 305.42 Bn | 263.94 Bn | 5.02 Bn | 336.00 Mn |
| 2 | Rtx | 257.93 Bn | 226.19 Bn | 5.81 Bn | 749.00 Mn |
| 3 | Boeing | 151.95 Bn | 58.64 Bn | 2.41 Bn | 733.00 Mn |
| 4 | Lockheed Martin | 127.00 Bn | 113.72 Bn | 2.45 Bn | 318.00 Mn |
| 5 | General Dynamics | 93.39 Bn | 80.50 Bn | 2.18 Bn | 234.00 Mn |
| 6 | Howmet Aerospace | 82.97 Bn | 78.57 Bn | 951.00 Mn | 104.00 Mn |
| 7 | Motorola Solutions | 77.66 Bn | 74.01 Bn | 1.68 Bn | 55.00 Mn |
| 8 | Northrop Grumman | 76.62 Bn | 64.08 Bn | 2.35 Bn | 306.00 Mn |
| 9 | Honeywell International | 68.14 Bn | 20.27 Bn | 3.65 Bn | 315.00 Mn |
| 10 | TransDigm | 64.70 Bn | 52.71 Bn | 1.63 Bn | 74.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 306.00 Mn |
| Jun 30, 2026 | 302.00 Mn |
| Mar 31, 2026 | 167.00 Mn |
| Dec 31, 2025 | 662.00 Mn |
| Sep 30, 2025 | 301.00 Mn |
| Jun 30, 2025 | 231.00 Mn |
| Mar 31, 2025 | 256.00 Mn |
| Dec 31, 2024 | 816.00 Mn |
| Sep 30, 2024 | 361.00 Mn |
| Jun 30, 2024 | 320.00 Mn |
| Mar 31, 2024 | 270.00 Mn |
| Dec 31, 2023 | 803.00 Mn |
| Sep 30, 2023 | 359.00 Mn |
| Jun 30, 2023 | 304.00 Mn |
| Mar 31, 2023 | 309.00 Mn |
| Dec 31, 2022 | 632.00 Mn |
| Sep 30, 2022 | 296.00 Mn |
| Jun 30, 2022 | 263.00 Mn |
| Mar 31, 2022 | 244.00 Mn |
| Dec 31, 2021 | 733.00 Mn |
Northrop Grumman Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=NOC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "NOC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=NOC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();