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

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

Northrop Grumman (NOC) Debt Ratio (2009 - 2026) Analysis & Trends

Northrop Grumman (NOC) has reported Debt Ratio for 18 consecutive years, with 0.29 the latest figure, recorded in 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 came in at 0.29 for Q1 2026 at Northrop Grumman, 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.
  • Across the five-year window, Debt Ratio retreated 10.09% in 2022 and increased 11.23% in 2023, its largest moves.
  • Year by year, Debt Ratio stood at 0.27 in 2022, then climbed by 9.78% to 0.3 in 2023, then grew by 0.49% to 0.3 in 2024, then slipped by 0.85% to 0.3 in 2025, then dropped by 2.35% to 0.29 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.29, 0.3, and 0.31 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn 0.29
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn 0.19
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn 0.14
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn 0.35
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn 0.36
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 1.23
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn 0.29
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn 0.00
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn 0.27
10 Heico 50.20 Bn 50.07 Bn 569.53 Mn 0.27

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