Northrop Grumman (NOC) Interest Coverage Ratio (2009 - 2026)
Northrop Grumman (NOC) posted quarterly Interest Coverage Ratio of 6.81 for Q2 2026, down 17.36% year-over-year from 8.24 in Q2 2025, and up 802.43% quarter-over-quarter from 0.97 in Q1 2026.
Northrop Grumman (NOC) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Northrop Grumman's Interest Coverage Ratio history runs 18 years deep, the most recent figure standing at 6.81 for Q2 2026.
- In Q2 2026, Interest Coverage Ratio fell 17.36% year-over-year to 6.81; the TTM figure through Jun 2026 stood at 3.46 (down 40.28% YoY), while the FY2025 annual figure was 4.51, down 35.9% from the prior year.
- Interest Coverage Ratio for Q2 2026 stood at 6.81, up from 0.97 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 8.24 in Q2 2025, with the low at 12.38 in Q4 2024.
- The 5-year median for Interest Coverage Ratio is 3.68 (2022), against an average of 2.84.
- Peak annual rise in Interest Coverage Ratio reached 2990.15% in 2024, while the deepest fall reached 1007.69% in 2024.
- Northrop Grumman's Interest Coverage Ratio stood at 0.55 in 2022, then plunged by 303.12% to 1.12 in 2023, then tumbled by 1007.69% to 12.38 in 2024, then jumped by 158.69% to 7.26 in 2025, then slipped by 6.27% to 6.81 in 2026.
- Business Quant data shows NOC's Interest Coverage Ratio at 6.81 in Q2 2026, 0.97 in Q1 2026, and 7.26 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | -18.18 |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | - |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | 0.26 |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | 9.32 |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | - |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | - |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | 6.81 |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | 2.39 |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | - |
| 10 | Axon Enterprise | 49.43 Bn | 48.76 Bn | 546.45 Mn | 1.66 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.81 |
| Mar 31, 2026 | -0.97 |
| Dec 31, 2025 | 7.26 |
| Sep 30, 2025 | 0.42 |
| Jun 30, 2025 | 8.24 |
| Mar 31, 2025 | -1.45 |
| Dec 31, 2024 | -12.38 |
| Sep 30, 2024 | 0.24 |
| Jun 30, 2024 | 7.08 |
| Mar 31, 2024 | 7.34 |
| Dec 31, 2023 | -1.12 |
| Sep 30, 2023 | 7.21 |
| Jun 30, 2023 | -0.24 |
| Mar 31, 2023 | 7.34 |
| Dec 31, 2022 | 0.55 |
| Sep 30, 2022 | 6.92 |
| Jun 30, 2022 | 7.28 |
| Mar 31, 2022 | 0.50 |
| Dec 31, 2021 | -0.70 |
| Sep 30, 2021 | 7.90 |