Northrop Grumman (NOC) Debt Ratio (2009 - 2026)
Northrop Grumman (NOC) posted quarterly Debt Ratio of 0.28 for Q2 2026, down 7.29% year-over-year from 0.31 in Q2 2025, and down 1.37% quarter-over-quarter from 0.29 in Q1 2026.
Northrop Grumman (NOC) Debt Ratio (2009 - 2026) Analysis & Trends
Northrop Grumman's Debt Ratio history runs 18 years deep, the most recent figure standing at 0.28 for Q2 2026.
- In Q2 2026, Debt Ratio fell 7.29% year-over-year to 0.28; the TTM figure through Jun 2026 stood at 0.28 (down 7.29% YoY), while the FY2025 annual figure was 0.3, down 0.85% from the prior year.
- Debt Ratio for Q2 2026 stood at 0.28, 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.
- The 5-year median for Debt Ratio is 0.3 (2023), against an average of 0.3.
- The sharpest annual moves came in 2022 and 2023: Debt Ratio slipped 10.09% in 2022, then gained 11.23% in 2023.
- Northrop Grumman's Debt Ratio stood at 0.27 in 2022, then increased by 9.78% to 0.3 in 2023, then rose by 0.49% to 0.3 in 2024, then declined by 0.85% to 0.3 in 2025, then declined by 3.69% to 0.28 in 2026.
- Business Quant data shows NOC's Debt Ratio at 0.28 in Q2 2026, 0.29 in Q1 2026, and 0.3 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 364.17 Bn | 354.82 Bn | 6.95 Bn | 0.15 |
| 2 | Rtx | 285.40 Bn | 277.10 Bn | 9.91 Bn | 0.21 |
| 3 | Boeing | 168.58 Bn | 148.56 Bn | 2.41 Bn | 0.30 |
| 4 | Lockheed Martin | 130.68 Bn | 126.88 Bn | 2.45 Bn | 0.33 |
| 5 | Howmet Aerospace | 109.20 Bn | 108.63 Bn | 951.00 Mn | 0.34 |
| 6 | General Dynamics | 103.60 Bn | 99.27 Bn | 6.76 Bn | 0.12 |
| 7 | Northrop Grumman | 78.52 Bn | 76.21 Bn | 3.72 Bn | 0.28 |
| 8 | TransDigm | 68.73 Bn | 65.96 Bn | 1.63 Bn | 1.23 |
| 9 | Axon Enterprise | 51.04 Bn | 50.37 Bn | 546.45 Mn | 0.23 |
| 10 | L3Harris Technologies | 50.10 Bn | 48.58 Bn | 1.50 Bn | 0.26 |
Historic Data
Download 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 |