Northrop Grumman (NOC) FCF Margin (2009 - 2026)
Northrop Grumman (NOC) posted quarterly FCF Margin of 8.99% for Q2 2026, up 284.0% year-over-year from 2.34% in Q2 2025, and up 148.74% quarter-over-quarter from 18.45% in Q1 2026.
Northrop Grumman (NOC) FCF Margin (2009 - 2026) Analysis & Trends
Northrop Grumman's FCF Margin history runs 18 years deep, the most recent figure standing at 8.99% for Q2 2026.
- In Q2 2026, FCF Margin rose 284.0% year-over-year to 8.99%; the TTM figure through Jun 2026 stood at 8.5% (up 527.0% YoY), while the FY2025 annual figure was 7.88%, up 149.0% from the prior year.
- FCF Margin for Q2 2026 stood at 8.99%, up from 18.45% 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.
- The 5-year median for FCF Margin is 8.1% (2023), against an average of 4.22%.
- The sharpest annual moves came in 2022 and 2023: FCF Margin sank 1395 bps in 2022, then jumped 1165 bps in 2023.
- Northrop Grumman's FCF Margin stood at 16.14% in 2022, then slipped by 5 bps to 15.29% in 2023, then rose by 8 bps to 16.49% in 2024, then jumped by 68 bps to 27.62% in 2025, then sank by 67 bps to 8.99% in 2026.
- Business Quant data shows NOC's FCF Margin at 8.99% in Q2 2026, 18.45% in Q1 2026, and 27.62% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | 21.90% |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | 11.65% |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | 2.57% |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | 14.54% |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | 18.81% |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | 11.68% |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | 8.99% |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | 23.71% |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | 13.11% |
| 10 | Axon Enterprise | 49.43 Bn | 48.76 Bn | 546.45 Mn | -0.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 8.99% |
| 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% |