Northrop Grumman (NOC) Debt Ratio (2009 - 2026)
Northrop Grumman's (NOC) Debt Ratio came in at 0.27 for Q3 2026, down 10.6% from 0.31 a year earlier and down 3.3% from the prior quarter.
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Analysis
Northrop Grumman (NOC) Debt Ratio (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Debt Ratio at Northrop Grumman was 1.11, down 7.3% year-over-year; for FY2025, it was 0.30, down 0.9% from FY2024.
- In prior years, Northrop Grumman's Debt Ratio was 0.30 in FY2024 (+0.5%), 0.30 in FY2023 (+9.8%), 0.27 in FY2022 (-10.1%) and 0.30 in FY2021 (-6.4%).
- The Q3 2026 figure stands as the lowest quarterly Debt Ratio since Q4 2022.
- On a year-over-year basis, Debt Ratio has declined in each of the last four quarters, with an average decline of 3.0% over the last eight quarters.
- The strongest year-over-year quarter for Debt Ratio in the past five years was Q3 2023, with growth of 11.2%; the weakest was Q3 2026, with a decline of 10.6%.
- According to Business Quant data, Debt Ratio for the three prior quarters was 0.28 (Q2 2026), 0.29 (Q1 2026) and 0.30 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Space Exploration Technologies | 1,722.87 Bn | 1,722.87 Bn | 9.10 Bn | 0.15 |
| 2 | General Electric | 345.20 Bn | 303.72 Bn | 5.02 Bn | 0.15 |
| 3 | Rtx | 269.97 Bn | 238.24 Bn | 5.81 Bn | 0.21 |
| 4 | Lockheed Martin | 137.94 Bn | 122.17 Bn | 2.44 Bn | 0.32 |
| 5 | Boeing | 136.62 Bn | 45.58 Bn | 2.17 Bn | 0.27 |
| 6 | General Dynamics | 98.71 Bn | 83.95 Bn | 2.25 Bn | 0.12 |
| 7 | Howmet Aerospace | 88.13 Bn | 83.88 Bn | 1.00 Bn | 0.36 |
| 8 | Motorola Solutions | 86.35 Bn | 82.81 Bn | 1.77 Bn | 0.48 |
| 9 | Northrop Grumman | 77.53 Bn | 64.99 Bn | 2.35 Bn | 0.27 |
| 10 | Honeywell International | 72.26 Bn | 31.77 Bn | 2.02 Bn | 0.31 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.27 |
| Jun 30, 2026 | 0.28 |
| Mar 31, 2026 | 0.29 |
| Dec 31, 2025 | 0.30 |
| Sep 30, 2025 | 0.31 |
| Jun 30, 2025 | 0.31 |
| Mar 31, 2025 | 0.29 |
| Dec 31, 2024 | 0.30 |
| Sep 30, 2024 | 0.30 |
| Jun 30, 2024 | 0.31 |
| Mar 31, 2024 | 0.31 |
| Dec 31, 2023 | 0.30 |
| Sep 30, 2023 | 0.31 |
| Jun 30, 2023 | 0.30 |
| Mar 31, 2023 | 0.31 |
| Dec 31, 2022 | 0.27 |
| Sep 30, 2022 | 0.28 |
| Jun 30, 2022 | 0.31 |
| Mar 31, 2022 | 0.31 |
| Dec 31, 2021 | 0.30 |
API Access
Northrop Grumman Debt Ratio 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=debt-ratio&ticker=NOC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=NOC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();