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

Northrop Grumman (NOC) recorded quarterly FCF Payout Ratio of 0.18 in Q1 2026, down 279.61% quarter-over-quarter from 0.1 in Q4 2025, and down 10.14% on a YoY basis from 0.2 in Q1 2025.

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 0.18 for Q1 2026.

  • In Q1 2026, FCF Payout Ratio fell 10.14% year-over-year to 0.18; the TTM figure through Mar 2026 stood at 0.4 (down 40.97% YoY), while the FY2025 annual figure was 0.39, down 13.59% from the prior year.
  • FCF Payout Ratio was 0.18 for Q1 2026 at Northrop Grumman, down from 0.1 in the prior quarter.
  • In the past five years, FCF Payout Ratio ranged from a high of 0.52 in Q2 2025 to a low of 0.59 in Q2 2022.
  • Historically, FCF Payout Ratio has averaged 0.08 across 5 years, with a median of 0.17 in 2024.
  • The sharpest annual moves came in 2022 and 2023: FCF Payout Ratio tumbled 284.41% in 2022, then surged 178.68% in 2023.
  • A 5-year view of FCF Payout Ratio shows it 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 slumped by 40.07% to 0.1 in 2025, then sank by 279.61% to 0.18 in 2026.
  • The last three FCF Payout Ratio figures came in at 0.18 (Q1 2026), 0.1 (Q4 2025), and 0.26 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 DEFSEC Technologies 4,964.60 Bn 4,964.60 Bn 456,459.43 -
2 General Electric 375.02 Bn 364.28 Bn 9.11 Bn 0.26
3 Rtx 251.10 Bn 246.00 Bn 9.08 Bn 0.70
4 Boeing 176.15 Bn 155.24 Bn 2.55 Bn -0.06
5 Lockheed Martin 117.75 Bn 115.86 Bn 2.08 Bn -2.80
6 Howmet Aerospace 111.79 Bn 109.36 Bn 854.00 Mn 0.13
7 Embraer 94.69 Bn 92.06 Bn - -
8 General Dynamics 94.57 Bn 90.92 Bn 9.09 Bn 0.21
9 TransDigm 77.14 Bn 73.27 Bn 1.51 Bn -
10 Northrop Grumman 74.17 Bn 72.08 Bn 3.45 Bn -0.18

Historic Data

Download Data
DateValue
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
Jun 30, 2021 0.32