Growth Metrics

Northrop Grumman (NOC) FCF Margin (2016 - 2026)

Northrop Grumman (NOC) has disclosed FCF Margin for 18 consecutive years, with 18.45% as the latest value for Q1 2026.

  • For Q1 2026, FCF Margin rose 78.0% year-over-year to 18.45%; the TTM value through Mar 2026 reached 7.8%, up 340.0%, while the annual FY2025 figure was 7.88%, 149.0% up from the prior year.
  • FCF Margin was 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.
  • Historically, FCF Margin has averaged 3.94% across 5 years, with a median of 7.3% in 2024.
  • The largest annual shift saw FCF Margin plummeted -1395bps in 2022 before it soared 1165bps in 2023.
  • Over 5 years, FCF Margin stood at 16.14% in 2022, then dropped by -5bps to 15.29% in 2023, then grew by 8bps to 16.49% in 2024, then surged by 68bps to 27.62% in 2025, then plummeted by -167bps to 18.45% in 2026.
  • Per Business Quant database, its latest 3 readings for FCF Margin were 18.45% in Q1 2026, 27.62% in Q4 2025, and 12.05% in Q3 2025.