Northrop Grumman (NOC) FCF Margin (2009 - 2026)
Northrop Grumman (NOC) posted quarterly FCF Margin of 18.45% for Q1 2026, up 78.0% year-over-year from 10.36% in Q1 2025, and down 166.79% on a QoQ basis from 27.62% in Q4 2025.
Northrop Grumman (NOC) FCF Margin (2009 - 2026) Analysis & Trends
Northrop Grumman (NOC) has reported FCF Margin for 18 consecutive years, with 18.45% the latest figure, recorded in Q1 2026.
- In Q1 2026, FCF Margin rose 78.0% year-over-year to 18.45%; the TTM figure through Mar 2026 stood at 7.8% (up 340.0% YoY), while the FY2025 annual figure was 7.88%, up 149.0% from the prior year.
- FCF Margin came in at 18.45% for Q1 2026 at Northrop Grumman, down from 27.62% in the prior quarter.
- The five-year high for FCF Margin was 27.62% in Q4 2025, with the low at 19.23% in Q1 2025.
- Average FCF Margin over 5 years is 3.94%, with a median of 7.3% recorded in 2024.
- Across the five-year window, FCF Margin tumbled 1395 bps in 2022 and surged 1165 bps in 2023, its largest moves.
- Year by year, FCF Margin stood at 16.14% in 2022, then retreated by 5 bps to 15.29% in 2023, then grew by 8 bps to 16.49% in 2024, then surged by 68 bps to 27.62% in 2025, then sank by 167 bps to 18.45% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 18.45%, 27.62%, and 12.05% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | -6.54% |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 5.93% |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 14.48% |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | -1.61% |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 15.52% |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 2.52% |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | -18.45% |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | -35.67% |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | -3.38% |
| 10 | Heico | 50.20 Bn | 50.07 Bn | 569.53 Mn | 19.91% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -18.45% |
| Dec 31, 2025 | 27.62% |
| Sep 30, 2025 | 12.05% |
| Jun 30, 2025 | 6.15% |
| Mar 31, 2025 | -19.23% |
| Dec 31, 2024 | 16.49% |
| Sep 30, 2024 | 7.30% |
| Jun 30, 2024 | 10.81% |
| Mar 31, 2024 | -9.63% |
| Dec 31, 2023 | 15.29% |
| Sep 30, 2023 | 8.89% |
| Jun 30, 2023 | 6.42% |
| Mar 31, 2023 | -10.87% |
| Dec 31, 2022 | 16.14% |
| Sep 30, 2022 | 11.58% |
| Jun 30, 2022 | -5.23% |
| Mar 31, 2022 | -8.32% |
| Dec 31, 2021 | 8.21% |
| Sep 30, 2021 | 10.50% |
| Jun 30, 2021 | 8.72% |