Northrop Grumman (NOC) Debt to Equity (2009 - 2026)
Northrop Grumman (NOC) recorded quarterly Debt to Equity of $0.84 in Q1 2026, down 7.4% quarter-over-quarter from $0.91 in Q4 2025, and down 10.94% on a YoY basis from $0.95 in Q1 2025.
Northrop Grumman (NOC) Debt to Equity (2009 - 2026) Analysis & Trends
Northrop Grumman's Debt to Equity history runs 18 years deep, the most recent figure standing at $0.84 for Q1 2026.
- In Q1 2026, Debt to Equity fell 10.94% year-over-year to $0.84; the TTM figure through Mar 2026 stood at $0.84 (down 10.94% YoY), while the FY2025 annual figure was $0.91, changed N/A from the prior year.
- Debt to Equity was $0.84 for Q1 2026 at Northrop Grumman, down from $0.91 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $100.73 in Q2 2024 to a low of -$103.09 in Q1 2024.
- Historically, Debt to Equity has averaged $0.68 across 5 years, with a median of $0.93 in 2023.
- The sharpest annual moves came in 2023 and 2024: Debt to Equity jumped 9278.49% in 2023, then sank 213.8% in 2024.
- A 5-year view of Debt to Equity shows it stood at -$77.16 in 2022, then soared by 101.21% to $0.93 in 2023, then advanced by 6.73% to $1.0 in 2024, then declined by 8.7% to $0.91 in 2025, then fell 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | DEFSEC Technologies | 4,964.60 Bn | 4,964.60 Bn | 456,459.43 | - |
| 2 | General Electric | 375.02 Bn | 364.28 Bn | 9.11 Bn | 1.12 |
| 3 | Rtx | 251.10 Bn | 246.00 Bn | 9.08 Bn | 0.49 |
| 4 | Boeing | 176.15 Bn | 155.24 Bn | 2.55 Bn | 7.89 |
| 5 | Lockheed Martin | 117.75 Bn | 115.86 Bn | 2.08 Bn | 2.76 |
| 6 | Howmet Aerospace | 111.79 Bn | 109.36 Bn | 854.00 Mn | 0.85 |
| 7 | Embraer | 94.69 Bn | 92.06 Bn | - | 0.72 |
| 8 | General Dynamics | 94.57 Bn | 90.92 Bn | 9.09 Bn | 0.31 |
| 9 | TransDigm | 77.14 Bn | 73.27 Bn | 1.51 Bn | -3.33 |
| 10 | Northrop Grumman | 74.17 Bn | 72.08 Bn | 3.45 Bn | 0.84 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |