Northrop Grumman NOC
NYSE NOC
$518.53 +2.96 (+0.57%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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