Northrop Grumman (NOC) Free Cash Flow (2009 - 2026)

Northrop Grumman's (NOC) quarterly Free Cash Flow came in at $978.0 million in Q2 2026, up 53.53% year-on-year from $637.0 million in Q2 2025, and up 153.65% quarter-over-quarter from -$1.8 billion in Q1 2026.

Northrop Grumman (NOC) Free Cash Flow (2009 - 2026) Analysis & Trends

Northrop Grumman's Free Cash Flow history runs 18 years deep, the most recent figure standing at $978.0 million for Q2 2026.

  • On a quarterly basis, Free Cash Flow rose 53.53% year-over-year to $978.0 million in Q2 2026; TTM through Jun 2026 was $3.6 billion, a 178.75% increase from a year earlier, with the FY2025 full-year figure at $3.3 billion, up 26.17% from the prior year.
  • Free Cash Flow grew to $978.0 million in Q2 2026 per NOC's latest filing, from -$1.8 billion in the prior quarter.
  • Across five years, Free Cash Flow topped out at $3.2 billion in Q4 2025 and bottomed at -$1.8 billion in Q1 2026.
  • The 5-year median for Free Cash Flow is $799.5 million (2023), against an average of $480.5 million.
  • Across the five-year window, Free Cash Flow plunged 170.11% in 2022 and soared 233.7% in 2023, its largest moves.
  • Year by year, Free Cash Flow stood at $1.6 billion in 2022, then advanced by 0.49% to $1.6 billion in 2023, then advanced by 8.3% to $1.8 billion in 2024, then surged by 83.6% to $3.2 billion in 2025, then plunged by 69.77% to $978.0 million in 2026.
  • Per Business Quant, the three latest NOC Free Cash Flow figures stand at $978.0 million (Q2 2026), -$1.8 billion (Q1 2026), and $3.2 billion (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 General Electric 370.79 Bn 361.44 Bn -3.10 Bn 2.82 Bn
2 Rtx 287.17 Bn 278.86 Bn 9.91 Bn 2.88 Bn
3 Boeing 168.70 Bn 148.68 Bn 2.41 Bn 631.00 Mn
4 Lockheed Martin 131.80 Bn 128.01 Bn 2.45 Bn 2.92 Bn
5 Howmet Aerospace 112.14 Bn 109.71 Bn 854.00 Mn 448.00 Mn
6 General Dynamics 101.91 Bn 97.58 Bn 6.76 Bn 1.65 Bn
7 Northrop Grumman 75.39 Bn 73.08 Bn 3.72 Bn 978.00 Mn
8 TransDigm 72.38 Bn 68.50 Bn 1.51 Bn 64.00 Mn
9 L3Harris Technologies 50.57 Bn 49.98 Bn 1.40 Bn -194.00 Mn
10 Heico 49.46 Bn 49.25 Bn 569.53 Mn 273.92 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 978.00 Mn
Jun 30, 2026 978.00 Mn
Mar 31, 2026 -1.82 Bn
Mar 31, 2026 -1.82 Bn
Dec 31, 2025 3.24 Bn
Dec 31, 2025 3.24 Bn
Sep 30, 2025 1.26 Bn
Sep 30, 2025 1.26 Bn
Jun 30, 2025 637.00 Mn
Jun 30, 2025 637.00 Mn
Mar 31, 2025 -1.82 Bn
Mar 31, 2025 -1.82 Bn
Dec 31, 2024 1.76 Bn
Dec 31, 2024 1.76 Bn
Sep 30, 2024 730.00 Mn
Sep 30, 2024 730.00 Mn
Jun 30, 2024 1.11 Bn
Jun 30, 2024 1.11 Bn
Mar 31, 2024 -976.00 Mn
Mar 31, 2024 -976.00 Mn