Northrop Grumman (NOC) EV to FCF (2009 - 2026)
Northrop Grumman's (NOC) EV to FCF was 19.21 for Q2 2026, down 64.0% from 53.32 a year earlier and down 33.0% from the prior quarter.
Northrop Grumman (NOC) EV to FCF (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Northrop Grumman's EV to FCF came in at 16.89, down 63.4% 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 Q2 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 three quarters, with growth averaging 11.2% 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 Q2 2026 came in at 28.69 (Q1 2026), 23.15 (Q4 2025) and 46.37 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | General Electric | 324.09 Bn | 278.09 Bn | 4.68 Bn |
| 2 | Rtx | 250.22 Bn | 223.44 Bn | 5.13 Bn |
| 3 | Boeing | 147.08 Bn | 53.78 Bn | 2.41 Bn |
| 4 | Lockheed Martin | 117.51 Bn | 104.24 Bn | 2.45 Bn |
| 5 | Howmet Aerospace | 90.46 Bn | 86.07 Bn | 951.00 Mn |
| 6 | General Dynamics | 89.77 Bn | 76.88 Bn | 2.18 Bn |
| 7 | Motorola Solutions | 73.88 Bn | 70.24 Bn | 1.68 Bn |
| 8 | Northrop Grumman | 68.68 Bn | 57.92 Bn | 2.12 Bn |
| 9 | Honeywell International | 66.86 Bn | 19.30 Bn | 3.65 Bn |
| 10 | TransDigm | 59.83 Bn | 47.91 Bn | 1.63 Bn |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 21.66 |
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_KEY
import 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();