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| Date | Value |
|---|---|
| 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 |