Northrop Grumman (NOC) FCF Payout Ratio (2009 - 2026)
Northrop Grumman's (NOC) FCF Payout Ratio stood at 0.24 in Q3 2026, down 7.2% from 0.26 a year earlier and down 32.0% from the prior quarter.
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Analysis
Northrop Grumman (NOC) FCF Payout Ratio (2009 - 2026) Analysis & Trends
On a TTM basis, Northrop Grumman's FCF Payout Ratio came in at 0.36 as of Sep 30, 2026, down 48.3% year-over-year; for FY2025, it was 0.39, down 13.6% from FY2024.
- Annual FCF Payout Ratio has declined for three straight years.
- Across earlier years, FCF Payout Ratio came in at 0.45 in FY2024 (-14.9%), 0.53 in FY2023 (-25.9%), 0.72 in FY2022 (+57.1%) and 0.46 in FY2021 (+38.3%).
- Quarterly FCF Payout Ratio has ranged from 0.10 in Q4 2025 to 0.52 in Q2 2025 over the past five years.
- On a year-over-year basis, FCF Payout Ratio rose in 1 of the last six quarters, with an average decline of 4.4%.
- Peak year-over-year performance for FCF Payout Ratio in the last five years was growth of 90.1% in Q2 2025, against a decline of 52.6% in Q4 2022 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 303.30 Bn | 262.05 Bn | 5.02 Bn | 0.26 |
| 2 | Rtx | 262.79 Bn | 232.77 Bn | 5.81 Bn | 0.46 |
| 3 | Boeing | 148.22 Bn | 54.92 Bn | 2.41 Bn | - |
| 4 | Lockheed Martin | 136.34 Bn | 120.57 Bn | 2.44 Bn | 0.27 |
| 5 | General Dynamics | 94.90 Bn | 82.01 Bn | 2.18 Bn | - |
| 6 | Motorola Solutions | 79.08 Bn | 75.44 Bn | 1.68 Bn | 0.49 |
| 7 | Northrop Grumman | 78.49 Bn | 65.95 Bn | 2.35 Bn | 0.24 |
| 8 | Howmet Aerospace | 77.28 Bn | 72.89 Bn | 951.00 Mn | 0.10 |
| 9 | Honeywell International | 69.19 Bn | 21.64 Bn | 3.65 Bn | 0.83 |
| 10 | TransDigm | 63.12 Bn | 51.21 Bn | 1.63 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.24 |
| Jun 30, 2026 | 0.36 |
| Dec 31, 2025 | 0.10 |
| Sep 30, 2025 | 0.26 |
| Jun 30, 2025 | 0.52 |
| Dec 31, 2024 | 0.17 |
| Sep 30, 2024 | 0.41 |
| Jun 30, 2024 | 0.27 |
| Dec 31, 2023 | 0.17 |
| Sep 30, 2023 | 0.32 |
| Jun 30, 2023 | 0.46 |
| Dec 31, 2022 | 0.16 |
| Sep 30, 2022 | 0.26 |
| Dec 31, 2021 | 0.35 |
| Sep 30, 2021 | 0.27 |
| Jun 30, 2021 | 0.31 |
| Dec 31, 2020 | 0.24 |
| Sep 30, 2020 | 0.23 |
| Jun 30, 2020 | 0.12 |
| Dec 31, 2019 | 0.11 |
API Access
Northrop Grumman FCF Payout Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-payout-ratio&ticker=NOC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "ticker": "NOC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-payout-ratio&ticker=NOC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();