Northrop Grumman (NOC) Interest Coverage Ratio (2009 - 2026)
Northrop Grumman (NOC) posted Interest Coverage Ratio of 6.81 for Q2 2026, up 11.51% on a QoQ basis from 6.1 in Q1 2026, and down 17.36% year-over-year from 8.24 in Q2 2025.
Analysis
Northrop Grumman (NOC) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Northrop Grumman has reported Interest Coverage Ratio for 18 years, with the latest figure at 6.81 in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio fell 17.36% year-over-year to 6.81 in Q2 2026; TTM through Jun 2026 was 6.98, a 7.8% increase from a year earlier, with the FY2025 full-year figure at 6.78, down 3.6% from the prior year.
- Interest Coverage Ratio was 6.81 for Q2 2026 at Northrop Grumman, up from 6.1 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 8.24 in Q2 2025, with the low at 1.12 in Q4 2023.
- Average Interest Coverage Ratio over 5 years is 6.08, with a median of 6.94 recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Interest Coverage Ratio slumped 303.12% in 2023, then jumped 709.23% in 2024.
- Over 5 years, Interest Coverage Ratio stood at 0.55 in 2022, then plunged by 303.12% to 1.12 in 2023, then surged by 709.23% to 6.81 in 2024, then advanced by 6.71% to 7.26 in 2025, then declined by 6.27% to 6.81 in 2026.
- The last three Interest Coverage Ratio figures came in at 6.81 (Q2 2026), 6.1 (Q1 2026), and 7.26 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 120.87 Bn | 117.07 Bn | 2.45 Bn | 9.32 |
| 2 | General Dynamics | 95.39 Bn | 91.06 Bn | 6.76 Bn | - |
| 3 | Motorola Solutions | 76.32 Bn | 75.61 Bn | 1.68 Bn | 7.42 |
| 4 | Northrop Grumman | 73.49 Bn | 71.18 Bn | 3.72 Bn | 6.81 |
| 5 | L3Harris Technologies | 46.76 Bn | 45.24 Bn | 1.50 Bn | - |
| 6 | Elbit Systems | 32.70 Bn | 31.74 Bn | 579.01 Mn | - |
| 7 | Teledyne Technologies | 27.56 Bn | 27.22 Bn | 738.10 Mn | 24.50 |
| 8 | Curtiss Wright | 20.85 Bn | 20.37 Bn | 364.09 Mn | 18.00 |
| 9 | Leidos Holdings | 16.21 Bn | 15.46 Bn | 817.00 Mn | - |
| 10 | Caci International | 13.42 Bn | 13.22 Bn | 913.55 Mn | 3.78 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.81 |
| Mar 31, 2026 | 6.10 |
| Dec 31, 2025 | 7.26 |
| Sep 30, 2025 | 7.71 |
| Jun 30, 2025 | 8.24 |
| Mar 31, 2025 | 3.67 |
| Dec 31, 2024 | 6.81 |
| Sep 30, 2024 | 6.96 |
| Jun 30, 2024 | 7.08 |
| Mar 31, 2024 | 7.34 |
| Dec 31, 2023 | -1.12 |
| Sep 30, 2023 | 7.21 |
| Jun 30, 2023 | 6.58 |
| Mar 31, 2023 | 7.34 |
| Dec 31, 2022 | 0.55 |
| Sep 30, 2022 | 6.92 |
| Jun 30, 2022 | 7.28 |
| Mar 31, 2022 | 6.74 |
| Dec 31, 2021 | -0.70 |
| Sep 30, 2021 | 7.90 |