Growth Metrics

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

Northrop Grumman's quarterly Change in Inventory came in at $144.0 million in Q1 2026, up 15.2% year-on-year from $125.0 million in Q1 2025, and up 152.17% quarter-over-quarter from -$276.0 million in Q4 2025.

Northrop Grumman has reported Change in Inventory for 15 years, with the latest figure at $144.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Inventory rose 15.2% year-over-year to $144.0 million; the trailing twelve-month figure through Mar 2026 stood at -$78.0 million (down 135.29% YoY), and the FY2025 full-year result was -$97.0 million, down 127.09% from the prior year.
  • Change in Inventory for Q1 2026 stood at $144.0 million, up from -$276.0 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 $48.8 million, with a median of $73.0 million recorded in 2022.
  • Year-over-year, Change in Inventory soared 2266.67% in 2022 and slumped 617.65% in 2023.
  • Tracing NOC's Change in Inventory over 5 years: 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 soared by 152.17% to $144.0 million in 2026.
  • The last three Change in Inventory figures came in at $144.0 million (Q1 2026), -$276.0 million (Q4 2025), and $77.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 General Electric 316.77 Bn 306.03 Bn 9.11 Bn 534.00 Mn
2 Rtx 238.61 Bn 233.51 Bn 9.08 Bn 813.00 Mn
3 Boeing 172.59 Bn 151.68 Bn 2.55 Bn 2.63 Bn
4 Lockheed Martin 122.59 Bn 120.70 Bn 2.08 Bn 727.00 Mn
5 Howmet Aerospace 102.88 Bn 100.44 Bn 854.00 Mn 110.00 Mn
6 General Dynamics 92.64 Bn 88.99 Bn 9.09 Bn -55.00 Mn
7 Rocket Lab 82.19 Bn 80.92 Bn 76.49 Mn 24.57 Mn
8 Northrop Grumman 78.95 Bn 76.86 Bn 3.45 Bn 144.00 Mn
9 TransDigm 70.63 Bn 66.75 Bn 1.51 Bn 49.00 Mn
10 Cae 60.63 Bn 60.14 Bn -496.95 Mn -

Historic Data

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DateValue
Mar 31, 2026 144.00 Mn
Mar 31, 2026 144.00 Mn
Dec 31, 2025 -276.00 Mn
Dec 31, 2025 -276.00 Mn
Sep 30, 2025 77.00 Mn
Sep 30, 2025 77.00 Mn
Jun 30, 2025 -23.00 Mn
Jun 30, 2025 -23.00 Mn
Mar 31, 2025 125.00 Mn
Mar 31, 2025 125.00 Mn
Dec 31, 2024 -184.00 Mn
Dec 31, 2024 -184.00 Mn
Sep 30, 2024 144.00 Mn
Sep 30, 2024 144.00 Mn
Jun 30, 2024 136.00 Mn
Jun 30, 2024 136.00 Mn
Mar 31, 2024 262.00 Mn
Mar 31, 2024 262.00 Mn
Dec 31, 2023 -176.00 Mn
Dec 31, 2023 -176.00 Mn
Sep 30, 2023 65.00 Mn
Sep 30, 2023 65.00 Mn
Jun 30, 2023 194.00 Mn
Jun 30, 2023 194.00 Mn
Mar 31, 2023 137.00 Mn
Mar 31, 2023 137.00 Mn
Dec 31, 2022 34.00 Mn
Dec 31, 2022 34.00 Mn
Sep 30, 2022 73.00 Mn
Sep 30, 2022 73.00 Mn
Jun 30, 2022 71.00 Mn
Jun 30, 2022 71.00 Mn
Mar 31, 2022 27.00 Mn
Mar 31, 2022 27.00 Mn
Dec 31, 2021 -61.00 Mn
Dec 31, 2021 -61.00 Mn
Sep 30, 2021 9.00 Mn
Sep 30, 2021 9.00 Mn
Jun 30, 2021 3.00 Mn
Jun 30, 2021 3.00 Mn
Mar 31, 2021 101.00 Mn
Mar 31, 2021 101.00 Mn
Dec 31, 2020 -88.00 Mn
Dec 31, 2020 -88.00 Mn
Sep 30, 2020 21.00 Mn
Sep 30, 2020 21.00 Mn
Jun 30, 2020 47.00 Mn
Jun 30, 2020 47.00 Mn
Mar 31, 2020 2.00 Mn
Mar 31, 2020 2.00 Mn
Dec 31, 2019 -21.00 Mn
Dec 31, 2019 -21.00 Mn
Jun 30, 2019 32.00 Mn
Jun 30, 2019 32.00 Mn
Mar 31, 2019 124.00 Mn
Mar 31, 2019 124.00 Mn
Dec 31, 2018 -65.00 Mn
Dec 31, 2018 -65.00 Mn
Sep 30, 2018 29.00 Mn
Sep 30, 2018 29.00 Mn
Jun 30, 2018 36.00 Mn
Jun 30, 2018 36.00 Mn
Mar 31, 2018 37.00 Mn
Mar 31, 2018 37.00 Mn
Dec 31, 2017 -45.00 Mn
Dec 31, 2017 -45.00 Mn
Sep 30, 2017 -34.00 Mn
Sep 30, 2017 -34.00 Mn
Jun 30, 2017 27.00 Mn
Jun 30, 2017 27.00 Mn
Mar 31, 2017 27.00 Mn
Mar 31, 2017 27.00 Mn
Dec 31, 2016 67.00 Mn
Dec 31, 2016 67.00 Mn
Sep 30, 2016 -184.00 Mn
Sep 30, 2016 -184.00 Mn
Jun 30, 2016 81.00 Mn
Jun 30, 2016 81.00 Mn
Mar 31, 2016 89.00 Mn
Mar 31, 2016 89.00 Mn
Dec 31, 2015 -50.00 Mn
Dec 31, 2015 -50.00 Mn
Sep 30, 2015 13.00 Mn
Sep 30, 2015 13.00 Mn
Jun 30, 2015 41.00 Mn
Jun 30, 2015 41.00 Mn
Mar 31, 2015 76.00 Mn
Mar 31, 2015 76.00 Mn
Dec 31, 2014 67.00 Mn
Dec 31, 2014 67.00 Mn
Sep 30, 2014 -76.00 Mn
Sep 30, 2014 -76.00 Mn
Jun 30, 2014 -33.00 Mn
Jun 30, 2014 -33.00 Mn
Mar 31, 2014 66.00 Mn
Mar 31, 2014 66.00 Mn
Dec 31, 2013 -91.00 Mn
Dec 31, 2013 -91.00 Mn
Sep 30, 2013 52.00 Mn
Sep 30, 2013 52.00 Mn
Jun 30, 2013 -187.00 Mn
Jun 30, 2013 -187.00 Mn
Mar 31, 2013 125.00 Mn
Mar 31, 2013 125.00 Mn
Sep 30, 2009 -89.00 Mn
Sep 30, 2009 -89.00 Mn