Northrop Grumman (NOC) FCF Margin (2009 - 2026)
Northrop Grumman's quarterly FCF Margin came in at 18.45% in Q1 2026, up 78.0% year-on-year from 10.36% in Q1 2025, and down 166.79% quarter-over-quarter from 27.62% in Q4 2025.
Northrop Grumman has reported FCF Margin for 18 years, with the latest figure at 18.45% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin rose 78.0% year-over-year to 18.45%; the trailing twelve-month figure through Mar 2026 stood at 7.8% (up 340.0% YoY), and the FY2025 full-year result was 7.88%, up 149.0% from the prior year.
- FCF Margin for Q1 2026 stood at 18.45%, 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.
- Year-over-year, FCF Margin slumped 1395 bps in 2022 and jumped 1165 bps in 2023.
- Tracing NOC's FCF Margin over 5 years: stood at 16.14% in 2022, then declined by 5 bps to 15.29% in 2023, then advanced by 8 bps to 16.49% in 2024, then soared by 68 bps to 27.62% in 2025, then tumbled by 167 bps to 18.45% in 2026.
- The last three FCF Margin figures came in at 18.45% (Q1 2026), 27.62% (Q4 2025), and 12.05% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 316.77 Bn | 306.03 Bn | 9.11 Bn | 12.04% |
| 2 | Rtx | 238.61 Bn | 233.51 Bn | 9.08 Bn | 5.93% |
| 3 | Boeing | 172.59 Bn | 151.68 Bn | 2.55 Bn | -6.54% |
| 4 | Lockheed Martin | 122.59 Bn | 120.70 Bn | 2.08 Bn | -1.61% |
| 5 | Howmet Aerospace | 102.88 Bn | 100.44 Bn | 854.00 Mn | 15.52% |
| 6 | General Dynamics | 92.64 Bn | 88.99 Bn | 9.09 Bn | 14.48% |
| 7 | Rocket Lab | 82.19 Bn | 80.92 Bn | 76.49 Mn | -35.67% |
| 8 | Northrop Grumman | 78.95 Bn | 76.86 Bn | 3.45 Bn | -18.45% |
| 9 | TransDigm | 70.63 Bn | 66.75 Bn | 1.51 Bn | 2.52% |
| 10 | Cae | 60.63 Bn | 60.14 Bn | -496.95 Mn | - |
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% |
| Mar 31, 2021 | -2.96% |
| Dec 31, 2020 | 9.89% |
| Sep 30, 2020 | 11.80% |
| Jun 30, 2020 | 23.28% |
| Mar 31, 2020 | -14.68% |
| Dec 31, 2019 | 22.85% |
| Sep 30, 2019 | 10.41% |
| Jun 30, 2019 | 16.02% |
| Mar 31, 2019 | -14.62% |
| Dec 31, 2018 | 23.47% |
| Sep 30, 2018 | 6.56% |
| Jun 30, 2018 | 9.50% |
| Mar 31, 2018 | -8.05% |
| Dec 31, 2017 | 20.28% |
| Sep 30, 2017 | 10.98% |
| Jun 30, 2017 | 4.48% |
| Mar 31, 2017 | -10.22% |
| Dec 31, 2016 | 19.06% |
| Sep 30, 2016 | 9.76% |
| Jun 30, 2016 | 7.18% |
| Mar 31, 2016 | -6.01% |
| Dec 31, 2015 | 26.27% |
| Sep 30, 2015 | 7.61% |
| Jun 30, 2015 | 8.67% |
| Mar 31, 2015 | -12.94% |
| Dec 31, 2014 | 19.88% |
| Sep 30, 2014 | 13.77% |
| Jun 30, 2014 | 7.55% |
| Mar 31, 2014 | -7.90% |
| Dec 31, 2013 | 16.53% |
| Sep 30, 2013 | 14.08% |
| Jun 30, 2013 | 4.45% |
| Mar 31, 2013 | -0.64% |
| Dec 31, 2012 | 14.24% |
| Sep 30, 2012 | 11.93% |
| Jun 30, 2012 | 13.15% |
| Mar 31, 2012 | -3.00% |
| Dec 31, 2011 | 21.32% |
| Sep 30, 2011 | 9.18% |
| Jun 30, 2011 | -1.95% |
| Mar 31, 2011 | -0.16% |
| Dec 31, 2010 | 12.40% |
| Sep 30, 2010 | 9.97% |
| Jun 30, 2010 | 6.41% |
| Mar 31, 2010 | -8.03% |
| Dec 31, 2009 | 10.02% |
| Sep 30, 2009 | 4.85% |
| Jun 30, 2009 | 8.13% |
| Mar 31, 2009 | -4.21% |