Northrop Grumman (NOC) FCF Payout Ratio (2009 - 2026)
Northrop Grumman (NOC) posted quarterly FCF Payout Ratio of 0.36 for Q2 2026, down 31.14% year-over-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.
- In Q2 2026, FCF Payout Ratio fell 31.14% year-over-year to 0.36; the TTM figure through Jun 2026 stood at 0.37 (down 60.93% YoY), while the FY2025 annual figure was 0.39, down 13.59% from the prior year.
- FCF Payout Ratio for Q2 2026 stood at 0.36, 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.
- The 5-year median for FCF Payout Ratio is 0.17 (2023), against an average of 0.09.
- The sharpest annual moves came in 2022 and 2023: FCF Payout Ratio slumped 284.41% in 2022, then jumped 178.68% in 2023.
- Northrop Grumman's FCF Payout Ratio stood at 0.16 in 2022, then climbed by 5.49% to 0.17 in 2023, then decreased by 2.1% to 0.17 in 2024, then sank by 40.07% to 0.1 in 2025, then soared by 252.9% to 0.36 in 2026.
- Business Quant data shows NOC's FCF Payout Ratio at 0.36 in Q2 2026, 0.18 in Q1 2026, and 0.1 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 362.92 Bn | 353.58 Bn | 6.95 Bn | 0.17 |
| 2 | Rtx | 284.24 Bn | 275.94 Bn | 9.91 Bn | 0.65 |
| 3 | Boeing | 169.32 Bn | 149.30 Bn | 2.41 Bn | 0.14 |
| 4 | Lockheed Martin | 129.93 Bn | 126.14 Bn | 2.45 Bn | 0.27 |
| 5 | Howmet Aerospace | 108.64 Bn | 108.07 Bn | 951.00 Mn | 0.10 |
| 6 | General Dynamics | 103.62 Bn | 99.29 Bn | 6.76 Bn | 0.26 |
| 7 | Northrop Grumman | 78.44 Bn | 76.14 Bn | 3.72 Bn | 0.36 |
| 8 | TransDigm | 69.14 Bn | 66.37 Bn | 1.63 Bn | - |
| 9 | Axon Enterprise | 50.64 Bn | 49.97 Bn | 546.45 Mn | - |
| 10 | L3Harris Technologies | 49.64 Bn | 48.12 Bn | 1.50 Bn | 0.30 |
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 |