Northrop Grumman NOC
NYSE NOC
$518.53 +2.96 (+0.57%)
As of: Sep 10, 2026 · 3:59 PM EDT

Northrop Grumman (NOC) FCF Payout Ratio (2009 - 2026)

Northrop Grumman (NOC) posted FCF Payout Ratio of 0.36 for Q2 2026, up 296.48% on a QoQ basis from 0.18 in Q1 2026, and down 31.14% year-over-year from 0.52 in Q2 2025.

Analysis

Northrop Grumman (NOC) FCF Payout Ratio (2009 - 2026) Analysis & Trends

Northrop Grumman has reported FCF Payout Ratio for 18 years, with the latest figure at 0.36 in 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 was 0.36 for Q2 2026 at Northrop Grumman, up from 0.18 in the prior quarter.
  • The five-year high for FCF Payout Ratio was 0.52 in Q2 2025, with the low at 0.59 in Q2 2022.
  • Average FCF Payout Ratio over 5 years is 0.09, with a median of 0.17 recorded in 2023.
  • The sharpest annual moves came in 2022 and 2023: FCF Payout Ratio slumped 284.41% in 2022, then soared 178.68% in 2023.
  • Over 5 years, FCF Payout Ratio stood at 0.16 in 2022, then increased by 5.49% to 0.17 in 2023, then dropped by 2.1% to 0.17 in 2024, then sank by 40.07% to 0.1 in 2025, then surged by 252.9% to 0.36 in 2026.
  • The last three FCF Payout Ratio figures came in at 0.36 (Q2 2026), 0.18 (Q1 2026), and 0.1 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Lockheed Martin 122.01 Bn 118.22 Bn 2.45 Bn 0.27
2 General Dynamics 95.71 Bn 91.37 Bn 6.76 Bn 0.26
3 Motorola Solutions 76.80 Bn 76.09 Bn 1.68 Bn 0.49
4 Northrop Grumman 73.72 Bn 71.41 Bn 3.72 Bn 0.36
5 L3Harris Technologies 46.24 Bn 44.72 Bn 1.50 Bn 0.30
6 Elbit Systems 33.11 Bn 32.15 Bn 579.01 Mn 0.20
7 Teledyne Technologies 27.62 Bn 27.28 Bn 738.10 Mn -
8 Curtiss Wright 20.67 Bn 20.19 Bn 364.09 Mn -
9 Leidos Holdings 16.32 Bn 15.57 Bn 817.00 Mn 0.07
10 Caci International 13.78 Bn 13.59 Bn 913.55 Mn -
Historic Data

Historic Data

Download Data
DateValue
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