Northrop Grumman NOC
NYSE NOC
$521.76 +6.19 (+1.20%)
As of: Sep 10, 2026 · 10:46 AM EDT

Northrop Grumman (NOC) Gross Margin (2009 - 2026)

Northrop Grumman (NOC) posted Gross Margin of 34.21% for Q2 2026, down 1.96% on a QoQ basis from 34.9% in Q1 2026, and down 274.0% year-over-year from 19.66% in Q2 2025.

Analysis

Northrop Grumman (NOC) Gross Margin (2009 - 2026) Analysis & Trends

Northrop Grumman has reported Gross Margin for 18 years, with the latest figure at 34.21% in Q2 2026.

  • On a quarterly basis, Gross Margin fell 274.0% year-over-year to 34.21% in Q2 2026; TTM through Jun 2026 was 34.78%, a 33.0% decrease from a year earlier, with the FY2025 full-year figure at 34.98%, down 120.0% from the prior year.
  • Gross Margin was 34.21% for Q2 2026 at Northrop Grumman, down from 34.9% in the prior quarter.
  • The five-year high for Gross Margin was 40.0% in Q2 2022, with the low at 20.21% in Q4 2023.
  • Average Gross Margin over 5 years is 35.56%, with a median of 36.84% recorded in 2024.
  • The sharpest annual moves came in 2023 and 2024: Gross Margin sank 1489 bps in 2023, then soared 1326 bps in 2024.
  • Over 5 years, Gross Margin stood at 35.1% in 2022, then tumbled by 42 bps to 20.21% in 2023, then surged by 66 bps to 33.47% in 2024, then gained by 1 bps to 33.77% in 2025, then grew by 1 bps to 34.21% in 2026.
  • The last three Gross Margin figures came in at 34.21% (Q2 2026), 34.9% (Q1 2026), and 33.77% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Lockheed Martin 121.32 Bn 117.53 Bn 2.45 Bn 12.19%
2 General Dynamics 95.69 Bn 91.35 Bn 6.76 Bn 47.94%
3 Motorola Solutions 76.96 Bn 76.25 Bn 1.68 Bn 53.56%
4 Northrop Grumman 74.11 Bn 71.80 Bn 3.72 Bn 34.21%
5 L3Harris Technologies 46.48 Bn 44.96 Bn 1.50 Bn 25.54%
6 Elbit Systems 33.39 Bn 32.43 Bn 579.01 Mn 25.32%
7 Teledyne Technologies 27.83 Bn 27.49 Bn 738.10 Mn 44.40%
8 Curtiss Wright 20.89 Bn 20.41 Bn 364.09 Mn 39.40%
9 Leidos Holdings 16.42 Bn 15.67 Bn 817.00 Mn 17.92%
10 Caci International 13.68 Bn 13.49 Bn 913.55 Mn 33.72%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 34.21%
Mar 31, 2026 34.90%
Dec 31, 2025 33.77%
Sep 30, 2025 36.38%
Jun 30, 2025 36.95%
Mar 31, 2025 32.76%
Dec 31, 2024 33.47%
Sep 30, 2024 37.17%
Jun 30, 2024 37.48%
Mar 31, 2024 36.73%
Dec 31, 2023 20.21%
Sep 30, 2023 37.24%
Jun 30, 2023 38.64%
Mar 31, 2023 38.43%
Dec 31, 2022 35.10%
Sep 30, 2022 37.70%
Jun 30, 2022 40.00%
Mar 31, 2022 38.84%
Dec 31, 2021 34.63%
Sep 30, 2021 38.62%