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

Northrop Grumman (NOC) recorded quarterly Free Cash Flow of -$1.8 billion in Q1 2026, down 156.35% quarter-over-quarter from $3.2 billion in Q4 2025, and little changed on a YoY basis from -$1.8 billion in Q1 2025.

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 -$1.8 billion for Q1 2026.

  • In Q1 2026, Free Cash Flow changed 0.11% year-over-year to -$1.8 billion; the TTM figure through Mar 2026 stood at $3.3 billion (up 86.09% YoY), while the FY2025 annual figure was $3.3 billion, up 26.17% from the prior year.
  • Free Cash Flow was -$1.8 billion for Q1 2026 at Northrop Grumman, down from $3.2 billion in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $3.2 billion in Q4 2025 to a low of -$1.8 billion in Q1 2026.
  • Historically, Free Cash Flow has averaged $451.2 million across 5 years, with a median of $730.0 million in 2024.
  • The sharpest annual moves came in 2022 and 2023: Free Cash Flow plunged 170.11% in 2022, then jumped 233.7% in 2023.
  • A 5-year view of Free Cash Flow shows it 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 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 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 -1.24 Mn
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn 1.49 Bn
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn 1.31 Bn
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn -1.45 Bn
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn -291.00 Mn
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn 359.00 Mn
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn 1.95 Bn
8 Embraer 95.73 Bn 93.11 Bn - -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn -1.82 Bn
10 TransDigm 74.20 Bn 70.32 Bn 1.51 Bn 64.00 Mn

Historic Data

Download Data
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