Growth Metrics

Northrop Grumman (NOC) Debt Ratio (2009 - 2026)

Northrop Grumman's quarterly Debt Ratio came in at 0.29 in Q1 2026, down 1.41% year-on-year from 0.29 in Q1 2025, and down 2.35% quarter-over-quarter from 0.3 in Q4 2025.

Northrop Grumman has reported Debt Ratio for 18 years, with the latest figure at 0.29 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio fell 1.41% year-over-year to 0.29; the trailing twelve-month figure through Mar 2026 stood at 0.29 (down 1.41% YoY), and the FY2025 full-year result was 0.3, down 0.85% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.29, down from 0.3 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 2024.
  • Year-over-year, Debt Ratio fell 10.09% in 2022 and grew 11.23% in 2023.
  • Tracing NOC's Debt Ratio over 5 years: 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 decreased by 2.35% to 0.29 in 2026.
  • The last three Debt Ratio figures came in at 0.29 (Q1 2026), 0.3 (Q4 2025), and 0.31 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 General Electric 316.77 Bn 306.03 Bn 9.11 Bn 0.16
2 Rtx 238.61 Bn 233.51 Bn 9.08 Bn 0.19
3 Boeing 172.59 Bn 151.68 Bn 2.55 Bn 0.29
4 Lockheed Martin 122.59 Bn 120.70 Bn 2.08 Bn 0.35
5 Howmet Aerospace 102.88 Bn 100.44 Bn 854.00 Mn 0.36
6 General Dynamics 92.64 Bn 88.99 Bn 9.09 Bn 0.14
7 Rocket Lab 82.19 Bn 80.92 Bn 76.49 Mn 0.00
8 Northrop Grumman 78.95 Bn 76.86 Bn 3.45 Bn 0.29
9 TransDigm 70.63 Bn 66.75 Bn 1.51 Bn 1.23
10 Cae 60.63 Bn 60.14 Bn -496.95 Mn -

Historic Data

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DateValue
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
Jun 30, 2021 0.30
Mar 31, 2021 0.31
Dec 31, 2020 0.32
Sep 30, 2020 0.32
Jun 30, 2020 0.33
Mar 31, 2020 0.33
Dec 31, 2019 0.31
Sep 30, 2019 0.34
Jun 30, 2019 0.35
Mar 31, 2019 0.35
Dec 31, 2018 0.37
Sep 30, 2018 0.37
Jun 30, 2018 0.38
Mar 31, 2018 0.41
Dec 31, 2017 0.41
Sep 30, 2017 0.23
Jun 30, 2017 0.24
Mar 31, 2017 0.28
Dec 31, 2016 0.28
Sep 30, 2016 0.27
Jun 30, 2016 0.27
Mar 31, 2016 0.27
Dec 31, 2015 0.26
Sep 30, 2015 0.27
Jun 30, 2015 0.26
Mar 31, 2015 0.25
Dec 31, 2014 0.00
Sep 30, 2014 0.24
Jun 30, 2014 0.23
Mar 31, 2014 0.23
Dec 31, 2013 0.22
Sep 30, 2013 0.22
Jun 30, 2013 0.22
Mar 31, 2013 0.15
Dec 31, 2012 0.15
Sep 30, 2012 0.16
Jun 30, 2012 0.16
Mar 31, 2012 0.16
Dec 31, 2011 0.15
Sep 30, 2011 0.16
Jun 30, 2011 0.16
Mar 31, 2011 0.15
Dec 31, 2010 0.15
Sep 30, 2010 0.14
Jun 30, 2010 0.14
Mar 31, 2010 0.14
Dec 31, 2009 0.14
Sep 30, 2009 0.15
Jun 30, 2009 0.13