Northrop Grumman (NOC) Gross Margin (2009 - 2026)
Northrop Grumman (NOC) posted Gross Margin of 21.15% for Q3 2026, down 0.22 percentage points from 21.37% a year earlier but up 1.65 percentage points from the prior quarter.
Northrop Grumman (NOC) Gross Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Gross Margin at Northrop Grumman was 20.02%, up 0.60 percentage points year-over-year; for FY2025, it was 19.81%, down 0.56 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of -0.51 percentage points (FY2020 to FY2025).
- In prior years, Northrop Grumman's Gross Margin was 20.38% in FY2024 (+3.71 pp), 16.67% in FY2023 (-3.75 pp), 20.42% in FY2022 (+0.04 pp) and 20.38% in FY2021 (+0.06 pp).
- Quarterly Gross Margin has run from a low of 4.56% in Q4 2023 to a high of 22.26% in Q2 2022 over five years.
- On a year-over-year basis, Gross Margin increased in four of the last eight quarters, with an average year-over-year change of +1.50 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q4 2024, with a gain of 13.52 percentage points; the weakest was Q4 2023, with a drop of 13.62 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 19.50% (Q2 2026), 19.84% (Q1 2026) and 19.60% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 296.44 Bn | 254.96 Bn | 5.02 Bn | 35.57% |
| 2 | Rtx | 258.97 Bn | 227.24 Bn | 5.81 Bn | 23.25% |
| 3 | Boeing | 146.80 Bn | 53.49 Bn | 2.41 Bn | 9.83% |
| 4 | Lockheed Martin | 137.01 Bn | 121.24 Bn | 2.44 Bn | 11.76% |
| 5 | General Dynamics | 94.12 Bn | 81.24 Bn | 2.18 Bn | 15.49% |
| 6 | Motorola Solutions | 79.04 Bn | 75.38 Bn | 1.68 Bn | 53.56% |
| 7 | Northrop Grumman | 77.42 Bn | 64.88 Bn | 2.35 Bn | 21.15% |
| 8 | Howmet Aerospace | 74.83 Bn | 70.43 Bn | 951.00 Mn | 37.34% |
| 9 | Honeywell International | 68.88 Bn | 21.00 Bn | 3.65 Bn | 37.59% |
| 10 | TransDigm | 62.86 Bn | 50.86 Bn | 1.63 Bn | 59.39% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 21.15% |
| Jun 30, 2026 | 19.50% |
| Mar 31, 2026 | 19.84% |
| Dec 31, 2025 | 19.60% |
| Sep 30, 2025 | 21.37% |
| Jun 30, 2025 | 21.35% |
| Mar 31, 2025 | 16.69% |
| Dec 31, 2024 | 18.08% |
| Sep 30, 2024 | 21.07% |
| Jun 30, 2024 | 21.44% |
| Mar 31, 2024 | 21.05% |
| Dec 31, 2023 | 4.56% |
| Sep 30, 2023 | 20.88% |
| Jun 30, 2023 | 21.30% |
| Mar 31, 2023 | 21.34% |
| Dec 31, 2022 | 18.18% |
| Sep 30, 2022 | 20.27% |
| Jun 30, 2022 | 22.26% |
| Mar 31, 2022 | 21.29% |
| Dec 31, 2021 | 17.95% |
Northrop Grumman Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=NOC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "NOC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=NOC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();