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

Northrop Grumman (NOC) posted quarterly Change in Inventory of $144.0 million for Q1 2026, up 15.2% year-over-year from $125.0 million in Q1 2025, and up 152.17% on a QoQ basis from -$276.0 million in Q4 2025.

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

Northrop Grumman (NOC) has reported Change in Inventory for 15 consecutive years, with $144.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Change in Inventory rose 15.2% year-over-year to $144.0 million; the TTM figure through Mar 2026 stood at -$78.0 million (down 135.29% YoY), while the FY2025 annual figure was -$97.0 million, down 127.09% from the prior year.
  • Change in Inventory came in at $144.0 million for Q1 2026 at Northrop Grumman, 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.
  • Across the five-year window, Change in Inventory jumped 2266.67% in 2022 and tumbled 617.65% in 2023, its largest moves.
  • Year by year, Change in Inventory stood at $34.0 million in 2022, then sank by 617.65% to -$176.0 million in 2023, then fell by 4.55% to -$184.0 million in 2024, then plunged by 50.0% to -$276.0 million in 2025, then surged by 152.17% to $144.0 million in 2026.
  • According to Business Quant data, Change in Inventory over the past three periods registered $144.0 million, -$276.0 million, and $77.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn 2.63 Bn
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn 813.00 Mn
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn -55.00 Mn
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn 727.00 Mn
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn 110.00 Mn
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 49.00 Mn
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn 144.00 Mn
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn 24.57 Mn
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn 17.00 Mn
10 Heico 50.20 Bn 50.07 Bn 569.53 Mn 23.36 Mn

Historic Data

Download Data
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