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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |