Northrop Grumman (NOC) Debt Ratio (2009 - 2026)
Northrop Grumman (NOC) posted Debt Ratio of 0.28 for Q2 2026, down 1.37% on a QoQ basis from 0.29 in Q1 2026, and down 7.29% year-over-year from 0.31 in Q2 2025.
Analysis
Northrop Grumman (NOC) Debt Ratio (2009 - 2026) Analysis & Trends
Northrop Grumman has reported Debt Ratio for 18 years, with the latest figure at 0.28 in Q2 2026.
- On a quarterly basis, Debt Ratio fell 7.29% year-over-year to 0.28 in Q2 2026; TTM through Jun 2026 was 0.28, a 7.29% decrease from a year earlier, with the FY2025 full-year figure at 0.3, down 0.85% from the prior year.
- Debt Ratio was 0.28 for Q2 2026 at Northrop Grumman, down from 0.29 in the prior quarter.
- The five-year high for Debt Ratio was 0.31 in Q1 2023, with the low at 0.27 in Q4 2022.
- Average Debt Ratio over 5 years is 0.3, with a median of 0.3 recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Debt Ratio declined 10.09% in 2022, then climbed 11.23% in 2023.
- Over 5 years, Debt Ratio stood at 0.27 in 2022, then gained by 9.78% to 0.3 in 2023, then advanced by 0.49% to 0.3 in 2024, then retreated by 0.85% to 0.3 in 2025, then retreated by 3.69% to 0.28 in 2026.
- The last three Debt Ratio figures came in at 0.28 (Q2 2026), 0.29 (Q1 2026), and 0.3 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 122.01 Bn | 118.22 Bn | 2.45 Bn | 0.33 |
| 2 | General Dynamics | 95.71 Bn | 91.37 Bn | 6.76 Bn | 0.12 |
| 3 | Motorola Solutions | 76.80 Bn | 76.09 Bn | 1.68 Bn | 0.50 |
| 4 | Northrop Grumman | 73.72 Bn | 71.41 Bn | 3.72 Bn | 0.28 |
| 5 | L3Harris Technologies | 46.24 Bn | 44.72 Bn | 1.50 Bn | 0.26 |
| 6 | Elbit Systems | 33.11 Bn | 32.15 Bn | 579.01 Mn | 0.01 |
| 7 | Teledyne Technologies | 27.62 Bn | 27.28 Bn | 738.10 Mn | 0.13 |
| 8 | Curtiss Wright | 20.67 Bn | 20.19 Bn | 364.09 Mn | 0.21 |
| 9 | Leidos Holdings | 16.32 Bn | 15.57 Bn | 817.00 Mn | 0.39 |
| 10 | Caci International | 13.78 Bn | 13.59 Bn | 913.55 Mn | 0.42 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 0.30 |