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

Northrop Grumman (NOC) recorded quarterly Debt Ratio of 0.29 in Q1 2026, down 2.35% quarter-over-quarter from 0.3 in Q4 2025, and down 1.41% on a YoY basis from 0.29 in Q1 2025.

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 0.29 for Q1 2026.

  • In Q1 2026, Debt Ratio fell 1.41% year-over-year to 0.29; the TTM figure through Mar 2026 stood at 0.29 (down 1.41% YoY), while the FY2025 annual figure was 0.3, down 0.85% from the prior year.
  • Debt Ratio was 0.29 for Q1 2026 at Northrop Grumman, down from 0.3 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.31 in Q1 2023 to a low of 0.27 in Q4 2022.
  • Historically, Debt Ratio has averaged 0.3 across 5 years, with a median of 0.3 in 2024.
  • The sharpest annual moves came in 2022 and 2023: Debt Ratio dropped 10.09% in 2022, then advanced 11.23% in 2023.
  • A 5-year view of Debt Ratio shows it stood at 0.27 in 2022, then rose by 9.78% to 0.3 in 2023, then gained by 0.49% to 0.3 in 2024, then fell by 0.85% to 0.3 in 2025, then retreated 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 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 220,296.11
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn 0.16
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn 0.19
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn 0.29
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn 0.35
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn 0.36
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn 0.14
8 Embraer 95.73 Bn 93.11 Bn - 0.19
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn 0.29
10 TransDigm 74.20 Bn 70.32 Bn 1.51 Bn 1.23

Historic Data

Download Data
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