Northrop Grumman (NOC) Dividend Coverage Ratio (2009 - 2026)
Northrop Grumman (NOC) posted Dividend Coverage Ratio of 3.12 for Q2 2026, up 18.62% on a QoQ basis from 2.63 in Q1 2026, and down 11.86% year-over-year from 3.54 in Q2 2025.
Analysis
Northrop Grumman (NOC) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Northrop Grumman has reported Dividend Coverage Ratio for 18 years, with the latest figure at 3.12 in Q2 2026.
- On a quarterly basis, Dividend Coverage Ratio fell 11.86% year-over-year to 3.12 in Q2 2026; TTM through Jun 2026 was 3.34, a 4.65% increase from a year earlier, with the FY2025 full-year figure at 3.23, down 8.1% from the prior year.
- Dividend Coverage Ratio was 3.12 for Q2 2026 at Northrop Grumman, up from 2.63 in the prior quarter.
- The five-year high for Dividend Coverage Ratio was 7.82 in Q4 2022, with the low at 1.9 in Q4 2023.
- Average Dividend Coverage Ratio over 5 years is 3.25, with a median of 3.32 recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: Dividend Coverage Ratio tumbled 124.26% in 2023, then jumped 322.83% in 2024.
- Over 5 years, Dividend Coverage Ratio stood at 7.82 in 2022, then slumped by 124.26% to 1.9 in 2023, then jumped by 322.83% to 4.23 in 2024, then climbed by 2.6% to 4.34 in 2025, then fell by 28.14% to 3.12 in 2026.
- The last three Dividend Coverage Ratio figures came in at 3.12 (Q2 2026), 2.63 (Q1 2026), and 4.34 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 121.20 Bn | 117.41 Bn | 2.45 Bn | 2.31 |
| 2 | General Dynamics | 97.24 Bn | 92.90 Bn | 6.76 Bn | 2.70 |
| 3 | Motorola Solutions | 77.45 Bn | 76.75 Bn | 1.68 Bn | 2.78 |
| 4 | Northrop Grumman | 73.15 Bn | 70.84 Bn | 3.72 Bn | 3.12 |
| 5 | L3Harris Technologies | 47.76 Bn | 47.20 Bn | 1.50 Bn | 2.53 |
| 6 | Elbit Systems | 32.66 Bn | 31.70 Bn | 579.01 Mn | -3.74 |
| 7 | Teledyne Technologies | 28.32 Bn | 27.98 Bn | 738.10 Mn | - |
| 8 | Curtiss Wright | 20.93 Bn | 20.46 Bn | 364.09 Mn | - |
| 9 | Leidos Holdings | 16.70 Bn | 16.01 Bn | 817.00 Mn | 6.47 |
| 10 | Caci International | 13.78 Bn | 13.58 Bn | 913.55 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.12 |
| Mar 31, 2026 | 2.63 |
| Dec 31, 2025 | 4.34 |
| Sep 30, 2025 | 3.31 |
| Jun 30, 2025 | 3.54 |
| Mar 31, 2025 | 1.59 |
| Dec 31, 2024 | 4.23 |
| Sep 30, 2024 | 3.40 |
| Jun 30, 2024 | 3.09 |
| Mar 31, 2024 | 3.34 |
| Dec 31, 2023 | -1.90 |
| Sep 30, 2023 | 3.31 |
| Jun 30, 2023 | 2.86 |
| Mar 31, 2023 | 3.12 |
| Dec 31, 2022 | 7.82 |
| Sep 30, 2022 | 3.40 |
| Jun 30, 2022 | 3.50 |
| Mar 31, 2022 | 3.80 |
| Dec 31, 2021 | 11.02 |
| Sep 30, 2021 | 4.22 |