Northrop Grumman NOC
NYSE NOC
$518.53 +2.96 (+0.57%)
As of: Sep 10, 2026 · 3:59 PM EDT

Northrop Grumman (NOC) Change in Inventory (2009 - 2026)

Northrop Grumman (NOC) posted Change in Inventory of -$26.0 million for Q2 2026, down 118.06% on a QoQ basis from $144.0 million in Q1 2026, and down 13.04% year-over-year from -$29.9 million in Q2 2025.

Analysis

Northrop Grumman (NOC) Change in Inventory (2009 - 2026) Analysis & Trends

Northrop Grumman has reported Change in Inventory for 15 years, with the latest figure at -$26.0 million in Q2 2026.

  • On a quarterly basis, Change in Inventory fell 13.04% year-over-year to -$26.0 million in Q2 2026; TTM through Jun 2026 was -$81.0 million, a 230.65% decrease from a year earlier, with the FY2025 full-year figure at -$97.0 million, down 127.09% from the prior year.
  • Change in Inventory was -$26.0 million for Q2 2026 at Northrop Grumman, down from $144.0 million in the prior quarter.
  • The five-year high for Change in Inventory was $262.0 million in Q1 2024, with the low at -$276.0 million in Q4 2025.
  • Average Change in Inventory over 5 years is $44.7 million, with a median of $72.0 million recorded in 2022.
  • The sharpest annual moves came in 2022 and 2023: Change in Inventory surged 2266.67% in 2022, then sank 617.65% in 2023.
  • Over 5 years, Change in Inventory stood at $34.0 million in 2022, then tumbled by 617.65% to -$176.0 million in 2023, then dropped by 4.55% to -$184.0 million in 2024, then slumped by 50.0% to -$276.0 million in 2025, then surged by 90.58% to -$26.0 million in 2026.
  • The last three Change in Inventory figures came in at -$26.0 million (Q2 2026), $144.0 million (Q1 2026), and -$276.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Lockheed Martin 122.01 Bn 118.22 Bn 2.45 Bn 160.00 Mn
2 General Dynamics 95.71 Bn 91.37 Bn 6.76 Bn -80.00 Mn
3 Motorola Solutions 76.80 Bn 76.09 Bn 1.68 Bn 156.00 Mn
4 Northrop Grumman 73.72 Bn 71.41 Bn 3.72 Bn -26.00 Mn
5 L3Harris Technologies 46.24 Bn 44.72 Bn 1.50 Bn 38.00 Mn
6 Elbit Systems 33.11 Bn 32.15 Bn 579.01 Mn 4.76 Mn
7 Teledyne Technologies 27.62 Bn 27.28 Bn 738.10 Mn 52.80 Mn
8 Curtiss Wright 20.67 Bn 20.19 Bn 364.09 Mn 27.50 Mn
9 Leidos Holdings 16.32 Bn 15.57 Bn 817.00 Mn -
10 Caci International 13.78 Bn 13.59 Bn 913.55 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -26.00 Mn
Mar 31, 2026 144.00 Mn
Dec 31, 2025 -276.00 Mn
Sep 30, 2025 77.00 Mn
Jun 30, 2025 -23.00 Mn
Mar 31, 2025 125.00 Mn
Dec 31, 2024 -184.00 Mn
Sep 30, 2024 144.00 Mn
Jun 30, 2024 136.00 Mn
Mar 31, 2024 262.00 Mn
Dec 31, 2023 -176.00 Mn
Sep 30, 2023 65.00 Mn
Jun 30, 2023 194.00 Mn
Mar 31, 2023 137.00 Mn
Dec 31, 2022 34.00 Mn
Sep 30, 2022 73.00 Mn
Jun 30, 2022 71.00 Mn
Mar 31, 2022 27.00 Mn
Dec 31, 2021 -61.00 Mn
Sep 30, 2021 9.00 Mn