Growth Metrics

Northrop Grumman (NOC) Debt to Equity (2009 - 2026)

Northrop Grumman's quarterly Debt to Equity came in at $0.84 in Q1 2026, down 10.94% year-on-year from $0.95 in Q1 2025, and down 7.4% quarter-over-quarter from $0.91 in Q4 2025.

Northrop Grumman has reported Debt to Equity for 18 years, with the latest figure at $0.84 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity fell 10.94% year-over-year to $0.84; the trailing twelve-month figure through Mar 2026 stood at $0.84 (down 10.94% YoY), and the FY2025 full-year result was $0.91, changed N/A from the prior year.
  • Debt to Equity for Q1 2026 stood at $0.84, down from $0.91 in the prior quarter.
  • The five-year high for Debt to Equity was $100.73 in Q2 2024, with the low at -$103.09 in Q1 2024.
  • Average Debt to Equity over 5 years is $0.68, with a median of $0.93 recorded in 2023.
  • Year-over-year, Debt to Equity soared 9278.49% in 2023 and sank 213.8% in 2024.
  • Tracing NOC's Debt to Equity over 5 years: stood at -$77.16 in 2022, then jumped by 101.21% to $0.93 in 2023, then climbed by 6.73% to $1.0 in 2024, then fell by 8.7% to $0.91 in 2025, then retreated by 7.4% to $0.84 in 2026.
  • The last three Debt to Equity figures came in at $0.84 (Q1 2026), $0.91 (Q4 2025), and $0.95 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 General Electric 338.65 Bn 327.91 Bn 9.11 Bn 1.12
2 Rtx 242.18 Bn 237.08 Bn 9.08 Bn 0.49
3 Boeing 182.15 Bn 161.24 Bn 2.55 Bn 7.89
4 Lockheed Martin 121.95 Bn 120.06 Bn 2.08 Bn 2.76
5 Howmet Aerospace 103.56 Bn 101.12 Bn 854.00 Mn 0.85
6 General Dynamics 93.70 Bn 90.05 Bn 9.09 Bn 0.31
7 Embraer 89.60 Bn 86.98 Bn - 0.72
8 Rocket Lab 86.87 Bn 85.59 Bn 76.49 Mn 0.00
9 Northrop Grumman 80.10 Bn 78.01 Bn 3.45 Bn 0.84
10 TransDigm 73.23 Bn 69.36 Bn 1.51 Bn -3.33

Historic Data

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DateValue
Mar 31, 2026 0.84
Dec 31, 2025 0.91
Sep 30, 2025 0.95
Mar 31, 2025 0.95
Sep 30, 2024 1.00
Jun 30, 2024 100.73
Mar 31, 2024 -103.09
Dec 31, 2023 0.93
Sep 30, 2023 0.87
Jun 30, 2023 -91.97
Mar 31, 2023 90.59
Dec 31, 2022 -77.16
Sep 30, 2022 0.85
Jun 30, 2022 82.80
Mar 31, 2022 0.97
Sep 30, 2021 1.12
Jun 30, 2021 1.15
Mar 31, 2021 1,595.50
Dec 31, 2020 245.88
Sep 30, 2020 1.36
Jun 30, 2020 -121.87
Mar 31, 2020 -123.27
Dec 31, 2019 76.01
Sep 30, 2019 1.42
Jun 30, 2019 1.52
Mar 31, 2019 -234.97
Dec 31, 2018 1.72
Sep 30, 2018 1.53
Jun 30, 2018 1.78
Mar 31, 2018 3,598.00
Dec 31, 2017 327.25
Sep 30, 2017 0.94
Jun 30, 2017 1.03
Mar 31, 2017 1.24
Dec 31, 2016 150.17
Sep 30, 2016 1.11
Jun 30, 2016 1.12
Mar 31, 2016 1.14
Dec 31, 2015 39.91
Sep 30, 2015 1.13
Jun 30, 2015 1.04
Mar 31, 2015 0.95
Dec 31, 2014 0.00
Sep 30, 2014 0.60
Jun 30, 2014 0.58
Mar 31, 2014 0.56
Dec 31, 2013 0.47
Sep 30, 2013 0.63
Jun 30, 2013 0.62
Mar 31, 2013 0.42
Dec 31, 2012 1.34
Sep 30, 2012 0.36
Jun 30, 2012 0.37
Mar 31, 2012 0.37
Dec 31, 2011 1.02
Sep 30, 2011 0.33
Jun 30, 2011 0.33
Mar 31, 2011 0.32
Dec 31, 2010 -1.71
Sep 30, 2010 0.32
Jun 30, 2010 0.33
Mar 31, 2010 0.33
Dec 31, 2009 13.95
Sep 30, 2009 0.38
Jun 30, 2009 0.32