Northrop Grumman (NOC) FCF Payout Ratio (2009 - 2026)
Northrop Grumman's (NOC) quarterly FCF Payout Ratio came in at 0.36 in Q2 2026, down 31.14% year-on-year from 0.52 in Q2 2025, and up 296.48% quarter-over-quarter from 0.18 in Q1 2026.
Northrop Grumman (NOC) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Northrop Grumman's FCF Payout Ratio history runs 18 years deep, the most recent figure standing at 0.36 for Q2 2026.
- On a quarterly basis, FCF Payout Ratio fell 31.14% year-over-year to 0.36 in Q2 2026; TTM through Jun 2026 was 0.37, a 60.93% decrease from a year earlier, with the FY2025 full-year figure at 0.39, down 13.59% from the prior year.
- FCF Payout Ratio climbed to 0.36 in Q2 2026 per NOC's latest filing, from 0.18 in the prior quarter.
- Across five years, FCF Payout Ratio topped out at 0.52 in Q2 2025 and bottomed at 0.59 in Q2 2022.
- The 5-year median for FCF Payout Ratio is 0.17 (2023), against an average of 0.09.
- Across the five-year window, FCF Payout Ratio tumbled 284.41% in 2022 and jumped 178.68% in 2023, its largest moves.
- Year by year, FCF Payout Ratio stood at 0.16 in 2022, then grew by 5.49% to 0.17 in 2023, then slipped by 2.1% to 0.17 in 2024, then plunged by 40.07% to 0.1 in 2025, then jumped by 252.9% to 0.36 in 2026.
- Per Business Quant, the three latest NOC FCF Payout Ratio figures stand at 0.36 (Q2 2026), 0.18 (Q1 2026), and 0.1 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Cae | 5,697,680.75 Bn | 5,697,680.75 Bn | 230.83 Mn | - |
| 2 | General Electric | 362.11 Bn | 352.99 Bn | -3.10 Bn | 0.17 |
| 3 | Rtx | 281.55 Bn | 276.45 Bn | 9.91 Bn | 0.65 |
| 4 | Boeing | 164.90 Bn | 143.99 Bn | 2.55 Bn | -0.06 |
| 5 | Lockheed Martin | 130.94 Bn | 129.05 Bn | 2.45 Bn | 0.27 |
| 6 | Howmet Aerospace | 115.17 Bn | 112.74 Bn | 854.00 Mn | 0.11 |
| 7 | General Dynamics | 103.20 Bn | 99.50 Bn | 9.09 Bn | 0.21 |
| 8 | Northrop Grumman | 75.75 Bn | 73.44 Bn | 3.72 Bn | 0.36 |
| 9 | TransDigm | 70.66 Bn | 66.79 Bn | 1.51 Bn | - |
| 10 | L3Harris Technologies | 55.90 Bn | 55.90 Bn | 1.40 Bn | -1.23 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.36 |
| Mar 31, 2026 | -0.18 |
| Dec 31, 2025 | 0.10 |
| Sep 30, 2025 | 0.26 |
| Jun 30, 2025 | 0.52 |
| Mar 31, 2025 | -0.17 |
| Dec 31, 2024 | 0.17 |
| Sep 30, 2024 | 0.41 |
| Jun 30, 2024 | 0.28 |
| Mar 31, 2024 | -0.29 |
| Dec 31, 2023 | 0.17 |
| Sep 30, 2023 | 0.33 |
| Jun 30, 2023 | 0.46 |
| Mar 31, 2023 | -0.27 |
| Dec 31, 2022 | 0.16 |
| Sep 30, 2022 | 0.26 |
| Jun 30, 2022 | -0.59 |
| Mar 31, 2022 | -0.34 |
| Dec 31, 2021 | 0.35 |
| Sep 30, 2021 | 0.28 |