Northrop Grumman (NOC) Free Cash Flow (2009 - 2026)
Northrop Grumman (NOC) posted Free Cash Flow of $978.0 million for Q2 2026, up 153.65% on a QoQ basis from -$1.8 billion in Q1 2026, and up 53.53% year-over-year from $637.0 million in Q2 2025.
Analysis
Northrop Grumman (NOC) Free Cash Flow (2009 - 2026) Analysis & Trends
Northrop Grumman has reported Free Cash Flow for 18 years, with the latest figure at $978.0 million in 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 was $978.0 million for Q2 2026 at Northrop Grumman, up from -$1.8 billion in the prior quarter.
- The five-year high for Free Cash Flow was $3.2 billion in Q4 2025, with the low at -$1.8 billion in Q1 2026.
- Average Free Cash Flow over 5 years is $480.5 million, with a median of $799.5 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Free Cash Flow tumbled 170.11% in 2022, then surged 233.7% in 2023.
- Over 5 years, Free Cash Flow stood at $1.6 billion in 2022, then climbed by 0.49% to $1.6 billion in 2023, then climbed by 8.3% to $1.8 billion in 2024, then soared by 83.6% to $3.2 billion in 2025, then sank by 69.77% to $978.0 million in 2026.
- The last three Free Cash Flow figures came in at $978.0 million (Q2 2026), -$1.8 billion (Q1 2026), and $3.2 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 122.01 Bn | 118.22 Bn | 2.45 Bn | 2.92 Bn |
| 2 | General Dynamics | 95.71 Bn | 91.37 Bn | 6.76 Bn | 1.65 Bn |
| 3 | Motorola Solutions | 76.80 Bn | 76.09 Bn | 1.68 Bn | 414.00 Mn |
| 4 | Northrop Grumman | 73.72 Bn | 71.41 Bn | 3.72 Bn | 978.00 Mn |
| 5 | L3Harris Technologies | 46.24 Bn | 44.72 Bn | 1.50 Bn | 771.00 Mn |
| 6 | Elbit Systems | 33.11 Bn | 32.15 Bn | 579.01 Mn | 236.73 Mn |
| 7 | Teledyne Technologies | 27.62 Bn | 27.28 Bn | 738.10 Mn | 284.70 Mn |
| 8 | Curtiss Wright | 20.67 Bn | 20.19 Bn | 364.09 Mn | 151.73 Mn |
| 9 | Leidos Holdings | 16.32 Bn | 15.57 Bn | 817.00 Mn | 761.00 Mn |
| 10 | Caci International | 13.78 Bn | 13.59 Bn | 913.55 Mn | 331.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 978.00 Mn |
| Mar 31, 2026 | -1.82 Bn |
| Dec 31, 2025 | 3.24 Bn |
| Sep 30, 2025 | 1.26 Bn |
| Jun 30, 2025 | 637.00 Mn |
| Mar 31, 2025 | -1.82 Bn |
| Dec 31, 2024 | 1.76 Bn |
| Sep 30, 2024 | 730.00 Mn |
| Jun 30, 2024 | 1.11 Bn |
| Mar 31, 2024 | -976.00 Mn |
| Dec 31, 2023 | 1.63 Bn |
| Sep 30, 2023 | 869.00 Mn |
| Jun 30, 2023 | 615.00 Mn |
| Mar 31, 2023 | -1.01 Bn |
| Dec 31, 2022 | 1.62 Bn |
| Sep 30, 2022 | 1.04 Bn |
| Jun 30, 2022 | -460.00 Mn |
| Mar 31, 2022 | -732.00 Mn |
| Dec 31, 2021 | 709.00 Mn |
| Sep 30, 2021 | 916.00 Mn |