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 | 324.09 Bn | 278.09 Bn | 4.68 Bn | 335.00 Mn |
| 2 | Rtx | 250.22 Bn | 223.44 Bn | 5.13 Bn | 669.00 Mn |
| 3 | Boeing | 147.08 Bn | 53.78 Bn | 2.41 Bn | 733.00 Mn |
| 4 | Lockheed Martin | 117.51 Bn | 104.24 Bn | 2.45 Bn | 318.00 Mn |
| 5 | Howmet Aerospace | 90.46 Bn | 86.07 Bn | 951.00 Mn | 104.00 Mn |
| 6 | General Dynamics | 89.77 Bn | 76.88 Bn | 2.18 Bn | 234.00 Mn |
| 7 | Motorola Solutions | 73.88 Bn | 70.24 Bn | 1.68 Bn | 55.00 Mn |
| 8 | Northrop Grumman | 68.68 Bn | 57.92 Bn | 2.12 Bn | 302.00 Mn |
| 9 | Honeywell International | 66.86 Bn | 19.30 Bn | 3.65 Bn | 315.00 Mn |
| 10 | TransDigm | 59.83 Bn | 47.91 Bn | 1.63 Bn | 74.00 Mn |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 247.00 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();