Northrop Grumman (NOC) EV to FCF (2009 - 2026)
Northrop Grumman's (NOC) EV to FCF was 16.96 for Q3 2026, down 63.4% from 46.37 a year earlier and down 11.7% from the prior quarter.
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Analysis
Northrop Grumman (NOC) EV to FCF (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Northrop Grumman's EV to FCF came in at 14.66, down 65.1% year-over-year; for FY2025, it was 23.15, down 4.7% from FY2024.
- EV to FCF has declined for three consecutive years.
- By year, EV to FCF came in at 24.29 in FY2024 (-24.0%), 31.98 in FY2023 (-42.1%), 55.24 in FY2022 (+108.7%) and 26.47 in FY2021 (+66.4%).
- The Q3 2026 figure ranks as the lowest quarterly EV to FCF since Q1 2021.
- Year over year, EV to FCF has now declined in each of the last four quarters, with growth averaging 3.7% over the last eight quarters.
- The high point for year-over-year EV to FCF in five years was Q2 2022 (growth of 708.8%); the low point was Q2 2023 (a decline of 82.8%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 19.21 (Q2 2026), 28.69 (Q1 2026) and 23.15 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | General Electric | 303.54 Bn | 262.06 Bn | 5.02 Bn |
| 2 | Rtx | 262.72 Bn | 230.99 Bn | 5.81 Bn |
| 3 | Boeing | 148.13 Bn | 54.82 Bn | 2.41 Bn |
| 4 | Lockheed Martin | 135.78 Bn | 122.50 Bn | 2.45 Bn |
| 5 | General Dynamics | 94.57 Bn | 81.69 Bn | 2.18 Bn |
| 6 | Motorola Solutions | 79.37 Bn | 75.71 Bn | 1.68 Bn |
| 7 | Northrop Grumman | 78.67 Bn | 66.13 Bn | 2.35 Bn |
| 8 | Howmet Aerospace | 77.61 Bn | 73.21 Bn | 951.00 Mn |
| 9 | Honeywell International | 69.07 Bn | 21.20 Bn | 3.65 Bn |
| 10 | TransDigm | 65.46 Bn | 53.46 Bn | 1.63 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 16.96 |
| Jun 30, 2026 | 19.21 |
| Mar 31, 2026 | 28.69 |
| Dec 31, 2025 | 23.15 |
| Sep 30, 2025 | 46.37 |
| Jun 30, 2025 | 53.32 |
| Mar 31, 2025 | 40.59 |
| Dec 31, 2024 | 24.29 |
| Sep 30, 2024 | 29.64 |
| Jun 30, 2024 | 23.08 |
| Mar 31, 2024 | 31.77 |
| Dec 31, 2023 | 31.98 |
| Sep 30, 2023 | 30.75 |
| Jun 30, 2023 | 29.01 |
| Mar 31, 2023 | 57.00 |
| Dec 31, 2022 | 55.24 |
| Sep 30, 2022 | 127.35 |
| Jun 30, 2022 | 168.48 |
| Mar 31, 2022 | 39.86 |
| Dec 31, 2021 | 26.47 |
API Access
Northrop Grumman EV to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=NOC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "NOC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=NOC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();