Northrop Grumman NOC
NYSE NOC
$518.53 +2.96 (+0.57%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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