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
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