Northrop Grumman (NOC) Gross Margin (2009 - 2026)
Northrop Grumman's (NOC) quarterly Gross Margin came in at 34.21% in Q2 2026, down 5018.0% year-on-year from 0.7% in Q2 2025, and down 1.96% quarter-over-quarter from 34.9% in Q1 2026.
Northrop Grumman (NOC) Gross Margin (2009 - 2026) Analysis & Trends
Northrop Grumman's Gross Margin history runs 18 years deep, the most recent figure standing at 34.21% for Q2 2026.
- On a quarterly basis, Gross Margin fell 5018.0% year-over-year to 34.21% in Q2 2026; TTM through Jun 2026 was 12.03%, a 1200.0% decrease from a year earlier, with the FY2025 full-year figure at 34.98%, down 120.0% from the prior year.
- Gross Margin retreated to 34.21% in Q2 2026 per NOC's latest filing, from 34.9% in the prior quarter.
- Across five years, Gross Margin topped out at 198.5% in Q4 2022 and bottomed at 99.79% in Q4 2024.
- The 5-year median for Gross Margin is 82.79% (2023), against an average of 57.15%.
- Across the five-year window, Gross Margin soared 11519 bps in 2022 and tumbled 18414 bps in 2024, its largest moves.
- Year by year, Gross Margin stood at 198.5% in 2022, then slumped by 58 bps to 84.35% in 2023, then plunged by 218 bps to 99.79% in 2024, then gained by 7 bps to 92.78% in 2025, then jumped by 137 bps to 34.21% in 2026.
- Per Business Quant, the three latest NOC Gross Margin figures stand at 34.21% (Q2 2026), 34.9% (Q1 2026), and 92.78% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 372.79 Bn | 363.45 Bn | -3.10 Bn | -433.85% |
| 2 | Rtx | 287.75 Bn | 279.45 Bn | 9.91 Bn | 40.09% |
| 3 | Boeing | 168.20 Bn | 148.18 Bn | 2.41 Bn | 9.83% |
| 4 | Lockheed Martin | 132.24 Bn | 128.45 Bn | 2.45 Bn | 12.19% |
| 5 | Howmet Aerospace | 112.64 Bn | 110.21 Bn | 854.00 Mn | 36.92% |
| 6 | General Dynamics | 102.41 Bn | 98.08 Bn | 6.76 Bn | 47.94% |
| 7 | Northrop Grumman | 75.82 Bn | 73.52 Bn | 3.72 Bn | 34.21% |
| 8 | TransDigm | 72.64 Bn | 68.76 Bn | 1.51 Bn | 59.39% |
| 9 | L3Harris Technologies | 50.81 Bn | 50.22 Bn | 1.40 Bn | 24.41% |
| 10 | Heico | 49.57 Bn | 49.36 Bn | 569.53 Mn | 41.40% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 34.21% |
| Mar 31, 2026 | 34.90% |
| Dec 31, 2025 | -92.78% |
| Sep 30, 2025 | 84.99% |
| Jun 30, 2025 | 84.40% |
| Mar 31, 2025 | 83.92% |
| Dec 31, 2024 | -99.79% |
| Sep 30, 2024 | 37.17% |
| Jun 30, 2024 | 83.96% |
| Mar 31, 2024 | 84.32% |
| Dec 31, 2023 | 84.35% |
| Sep 30, 2023 | 83.64% |
| Jun 30, 2023 | 82.66% |
| Mar 31, 2023 | 82.92% |
| Dec 31, 2022 | 198.50% |
| Sep 30, 2022 | 82.57% |
| Jun 30, 2022 | 40.00% |
| Mar 31, 2022 | 38.84% |
| Dec 31, 2021 | 83.32% |
| Sep 30, 2021 | 83.56% |