Northrop Grumman (NOC) Intangibles (2009 - 2025)
Northrop Grumman (NOC) reported Intangibles of $220 million for Q3 2025, down 17.9% from $268 million a year earlier and down 4.8% from the prior quarter.
Northrop Grumman (NOC) Intangibles (2009 - 2025) Analysis & Trends
At the end of FY2024, Northrop Grumman posted Intangibles of $254 million, down 16.7% from FY2023.
- Intangibles has declined for six consecutive years, with a five-year compound annual growth rate of -24.6% (FY2019 to FY2024).
- By year, Intangibles came in at $305 million in FY2023 (-20.6%), $384 million in FY2022 (-33.6%), $578 million in FY2021 (-26.2%) and $783 million in FY2020 (-24.7%).
- The Q3 2025 figure ranks as the lowest quarterly Intangibles since Q4 2017.
- Year over year, Intangibles has now declined in each of the last 26 quarters, with an average decline of 18.2% over the last eight quarters.
- Over the past five years, the year-over-year decline in Intangibles ranged from 16.6% (Q1 2025) to 33.6% (Q4 2022).
- Per Business Quant data, the three quarters before Q3 2025 came in at $231 million (Q2 2025), $242 million (Q1 2025) and $254 million (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 324.09 Bn | 278.09 Bn | 4.68 Bn | 4.09 Bn |
| 2 | Rtx | 250.22 Bn | 223.44 Bn | 5.13 Bn | 31.04 Bn |
| 3 | Boeing | 147.08 Bn | 53.78 Bn | 2.41 Bn | 1.53 Bn |
| 4 | Lockheed Martin | 117.51 Bn | 104.24 Bn | 2.45 Bn | 1.79 Bn |
| 5 | Howmet Aerospace | 90.46 Bn | 86.07 Bn | 951.00 Mn | 869.00 Mn |
| 6 | General Dynamics | 89.77 Bn | 76.88 Bn | 2.18 Bn | 1.28 Bn |
| 7 | Motorola Solutions | 73.88 Bn | 70.24 Bn | 1.68 Bn | 2.95 Bn |
| 8 | Northrop Grumman | 68.68 Bn | 57.92 Bn | 2.12 Bn | - |
| 9 | Honeywell International | 66.86 Bn | 19.30 Bn | 3.65 Bn | 6.41 Bn |
| 10 | TransDigm | 59.83 Bn | 47.91 Bn | 1.63 Bn | 4.72 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 220.00 Mn |
| Jun 30, 2025 | 231.00 Mn |
| Mar 31, 2025 | 242.00 Mn |
| Dec 31, 2024 | 254.00 Mn |
| Sep 30, 2024 | 268.00 Mn |
| Jun 30, 2024 | 282.00 Mn |
| Mar 31, 2024 | 290.00 Mn |
| Dec 31, 2023 | 305.00 Mn |
| Sep 30, 2023 | 324.00 Mn |
| Jun 30, 2023 | 344.00 Mn |
| Mar 31, 2023 | 364.00 Mn |
| Dec 31, 2022 | 384.00 Mn |
| Sep 30, 2022 | 433.00 Mn |
| Jun 30, 2022 | 483.00 Mn |
| Mar 31, 2022 | 533.00 Mn |
| Dec 31, 2021 | 578.00 Mn |
| Sep 30, 2021 | 629.00 Mn |
| Jun 30, 2021 | 680.00 Mn |
| Mar 31, 2021 | 732.00 Mn |
| Dec 31, 2020 | 783.00 Mn |
Northrop Grumman Intangibles 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=intangibles&ticker=NOC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=NOC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();