Growth Metrics

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

Northrop Grumman's quarterly Free Cash Flow came in at -$1.8 billion in Q1 2026, little changed year-on-year from -$1.8 billion in Q1 2025, and down 156.35% quarter-over-quarter from $3.2 billion in Q4 2025.

Northrop Grumman has reported Free Cash Flow for 18 years, with the latest figure at -$1.8 billion in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow changed 0.11% year-over-year to -$1.8 billion; the trailing twelve-month figure through Mar 2026 stood at $3.3 billion (up 86.09% YoY), and the FY2025 full-year result was $3.3 billion, up 26.17% from the prior year.
  • Free Cash Flow for Q1 2026 stood at -$1.8 billion, down from $3.2 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 $451.2 million, with a median of $730.0 million recorded in 2024.
  • Year-over-year, Free Cash Flow plunged 170.11% in 2022 and soared 233.7% in 2023.
  • Tracing NOC's Free Cash Flow over 5 years: 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 tumbled by 156.35% to -$1.8 billion in 2026.
  • The last three Free Cash Flow figures came in at -$1.8 billion (Q1 2026), $3.2 billion (Q4 2025), and $1.3 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 General Electric 316.77 Bn 306.03 Bn 9.11 Bn 1.49 Bn
2 Rtx 238.61 Bn 233.51 Bn 9.08 Bn 1.31 Bn
3 Boeing 172.59 Bn 151.68 Bn 2.55 Bn -1.45 Bn
4 Lockheed Martin 122.59 Bn 120.70 Bn 2.08 Bn -291.00 Mn
5 Howmet Aerospace 102.88 Bn 100.44 Bn 854.00 Mn 359.00 Mn
6 General Dynamics 92.64 Bn 88.99 Bn 9.09 Bn 1.95 Bn
7 Rocket Lab 82.19 Bn 80.92 Bn 76.49 Mn -71.46 Mn
8 Northrop Grumman 78.95 Bn 76.86 Bn 3.45 Bn -1.82 Bn
9 TransDigm 70.63 Bn 66.75 Bn 1.51 Bn 64.00 Mn
10 Cae 60.63 Bn 60.14 Bn -496.95 Mn -

Historic Data

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DateValue
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
Dec 31, 2023 1.63 Bn
Dec 31, 2023 1.63 Bn
Sep 30, 2023 869.00 Mn
Sep 30, 2023 869.00 Mn
Jun 30, 2023 615.00 Mn
Jun 30, 2023 615.00 Mn
Mar 31, 2023 -1.01 Bn
Mar 31, 2023 -1.01 Bn
Dec 31, 2022 1.62 Bn
Dec 31, 2022 1.62 Bn
Sep 30, 2022 1.04 Bn
Sep 30, 2022 1.04 Bn
Jun 30, 2022 -460.00 Mn
Jun 30, 2022 -460.00 Mn
Mar 31, 2022 -732.00 Mn
Mar 31, 2022 -732.00 Mn
Dec 31, 2021 709.00 Mn
Dec 31, 2021 709.00 Mn
Sep 30, 2021 916.00 Mn
Sep 30, 2021 916.00 Mn
Jun 30, 2021 798.00 Mn
Jun 30, 2021 798.00 Mn
Mar 31, 2021 -271.00 Mn
Mar 31, 2021 -271.00 Mn
Dec 31, 2020 1.01 Bn
Dec 31, 2020 1.01 Bn
Sep 30, 2020 1.07 Bn
Sep 30, 2020 1.07 Bn
Jun 30, 2020 2.07 Bn
Jun 30, 2020 2.07 Bn
Mar 31, 2020 -1.27 Bn
Mar 31, 2020 -1.27 Bn
Dec 31, 2019 1.99 Bn
Dec 31, 2019 1.99 Bn
Sep 30, 2019 882.00 Mn
Sep 30, 2019 882.00 Mn
Jun 30, 2019 1.36 Bn
Jun 30, 2019 1.36 Bn
Mar 31, 2019 -1.20 Bn
Mar 31, 2019 -1.20 Bn
Dec 31, 2018 1.91 Bn
Dec 31, 2018 1.91 Bn
Sep 30, 2018 530.00 Mn
Sep 30, 2018 530.00 Mn
Jun 30, 2018 676.00 Mn
Jun 30, 2018 676.00 Mn
Mar 31, 2018 -542.00 Mn
Mar 31, 2018 -542.00 Mn
Dec 31, 2017 1.33 Bn
Dec 31, 2017 1.33 Bn
Sep 30, 2017 721.00 Mn
Sep 30, 2017 721.00 Mn
Jun 30, 2017 290.00 Mn
Jun 30, 2017 290.00 Mn
Mar 31, 2017 -655.00 Mn
Mar 31, 2017 -655.00 Mn
Dec 31, 2016 1.22 Bn
Dec 31, 2016 1.22 Bn
Sep 30, 2016 601.00 Mn
Sep 30, 2016 601.00 Mn
Jun 30, 2016 431.00 Mn
Jun 30, 2016 431.00 Mn
Mar 31, 2016 -358.00 Mn
Mar 31, 2016 -358.00 Mn
Dec 31, 2015 1.50 Bn
Dec 31, 2015 1.50 Bn
Sep 30, 2015 455.00 Mn
Sep 30, 2015 455.00 Mn
Jun 30, 2015 511.00 Mn
Jun 30, 2015 511.00 Mn
Mar 31, 2015 -771.00 Mn
Mar 31, 2015 -771.00 Mn
Dec 31, 2014 1.21 Bn
Dec 31, 2014 1.21 Bn
Sep 30, 2014 824.00 Mn
Sep 30, 2014 824.00 Mn
Jun 30, 2014 456.00 Mn
Jun 30, 2014 456.00 Mn
Mar 31, 2014 -462.00 Mn
Mar 31, 2014 -462.00 Mn
Dec 31, 2013 1.02 Bn
Dec 31, 2013 1.02 Bn
Sep 30, 2013 860.00 Mn
Sep 30, 2013 860.00 Mn
Jun 30, 2013 280.00 Mn
Jun 30, 2013 280.00 Mn
Mar 31, 2013 -39.00 Mn
Mar 31, 2013 -39.00 Mn
Dec 31, 2012 922.00 Mn
Dec 31, 2012 922.00 Mn
Sep 30, 2012 748.00 Mn
Sep 30, 2012 748.00 Mn
Jun 30, 2012 825.00 Mn
Jun 30, 2012 825.00 Mn
Mar 31, 2012 -186.00 Mn
Mar 31, 2012 -186.00 Mn
Dec 31, 2011 1.39 Bn
Dec 31, 2011 1.39 Bn
Sep 30, 2011 607.00 Mn
Sep 30, 2011 607.00 Mn
Jun 30, 2011 -128.00 Mn
Jun 30, 2011 -128.00 Mn
Mar 31, 2011 -11.00 Mn
Mar 31, 2011 -11.00 Mn
Dec 31, 2010 856.00 Mn
Dec 31, 2010 856.00 Mn
Sep 30, 2010 705.00 Mn
Sep 30, 2010 705.00 Mn
Jun 30, 2010 465.00 Mn
Jun 30, 2010 465.00 Mn
Mar 31, 2010 -555.00 Mn
Mar 31, 2010 -555.00 Mn
Dec 31, 2009 894.00 Mn
Dec 31, 2009 894.00 Mn
Sep 30, 2009 405.00 Mn
Sep 30, 2009 405.00 Mn
Jun 30, 2009 695.00 Mn
Jun 30, 2009 695.00 Mn
Mar 31, 2009 -334.00 Mn
Mar 31, 2009 -334.00 Mn