Northrop Grumman (NOC) FCF Payout Ratio (2009 - 2026)
Northrop Grumman's quarterly FCF Payout Ratio came in at 0.18 in Q1 2026, down 10.14% year-on-year from 0.2 in Q1 2025, and down 279.61% quarter-over-quarter from 0.1 in Q4 2025.
Northrop Grumman has reported FCF Payout Ratio for 18 years, with the latest figure at 0.18 in Q1 2026.
- For the quarter ending Q1 2026, FCF Payout Ratio fell 10.14% year-over-year to 0.18; the trailing twelve-month figure through Mar 2026 stood at 0.4 (down 40.97% YoY), and the FY2025 full-year result was 0.39, down 13.59% from the prior year.
- FCF Payout Ratio for Q1 2026 stood at 0.18, down from 0.1 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 0.08, with a median of 0.17 recorded in 2024.
- Year-over-year, FCF Payout Ratio tumbled 284.41% in 2022 and jumped 178.68% in 2023.
- Tracing NOC's FCF Payout Ratio over 5 years: 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 plunged 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 | General Electric | 338.65 Bn | 327.91 Bn | 9.11 Bn | 0.26 |
| 2 | Rtx | 242.18 Bn | 237.08 Bn | 9.08 Bn | 0.70 |
| 3 | Boeing | 182.15 Bn | 161.24 Bn | 2.55 Bn | -0.06 |
| 4 | Lockheed Martin | 121.95 Bn | 120.06 Bn | 2.08 Bn | -2.80 |
| 5 | Howmet Aerospace | 103.56 Bn | 101.12 Bn | 854.00 Mn | 0.13 |
| 6 | General Dynamics | 93.70 Bn | 90.05 Bn | 9.09 Bn | 0.21 |
| 7 | Embraer | 89.60 Bn | 86.98 Bn | - | - |
| 8 | Rocket Lab | 86.87 Bn | 85.59 Bn | 76.49 Mn | - |
| 9 | Northrop Grumman | 80.10 Bn | 78.01 Bn | 3.45 Bn | -0.18 |
| 10 | TransDigm | 73.23 Bn | 69.36 Bn | 1.51 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | -0.88 |
| Dec 31, 2020 | 0.24 |
| Sep 30, 2020 | 0.23 |
| Jun 30, 2020 | 0.12 |
| Mar 31, 2020 | -0.18 |
| Dec 31, 2019 | 0.11 |
| Sep 30, 2019 | 0.26 |
| Jun 30, 2019 | 0.17 |
| Mar 31, 2019 | -0.18 |
| Dec 31, 2018 | 0.11 |
| Sep 30, 2018 | 0.40 |
| Jun 30, 2018 | 0.31 |
| Mar 31, 2018 | -0.37 |
| Dec 31, 2017 | 0.13 |
| Sep 30, 2017 | 0.24 |
| Jun 30, 2017 | 0.60 |
| Mar 31, 2017 | -0.25 |
| Dec 31, 2016 | 0.13 |
| Sep 30, 2016 | 0.27 |
| Jun 30, 2016 | 0.38 |
| Mar 31, 2016 | -0.44 |
| Dec 31, 2015 | 0.10 |
| Sep 30, 2015 | 0.33 |
| Jun 30, 2015 | 0.30 |
| Mar 31, 2015 | -0.20 |
| Dec 31, 2014 | 0.12 |
| Sep 30, 2014 | 0.17 |
| Jun 30, 2014 | 0.32 |
| Mar 31, 2014 | -0.29 |
| Dec 31, 2013 | 0.13 |
| Sep 30, 2013 | 0.16 |
| Jun 30, 2013 | 0.51 |
| Mar 31, 2013 | -3.33 |
| Dec 31, 2012 | 0.15 |
| Sep 30, 2012 | 0.18 |
| Jun 30, 2012 | 0.17 |
| Mar 31, 2012 | -0.68 |
| Dec 31, 2011 | 0.09 |
| Sep 30, 2011 | 0.23 |
| Jun 30, 2011 | -1.09 |
| Mar 31, 2011 | -12.45 |
| Dec 31, 2010 | 0.16 |
| Sep 30, 2010 | 0.20 |
| Jun 30, 2010 | 0.30 |
| Mar 31, 2010 | -0.23 |
| Dec 31, 2009 | 0.15 |
| Sep 30, 2009 | 0.34 |
| Jun 30, 2009 | 0.20 |
| Mar 31, 2009 | -0.39 |