Northrop Grumman (NOC) Interest Coverage Ratio (2009 - 2026)

Northrop Grumman's (NOC) quarterly Interest Coverage Ratio came in at 6.81 in Q2 2026, down 17.36% year-on-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.

  • On a quarterly basis, Interest Coverage Ratio fell 17.36% year-over-year to 6.81 in Q2 2026; TTM through Jun 2026 was 3.46, a 40.28% decrease from a year earlier, with the FY2025 full-year figure at 4.51, down 35.9% from the prior year.
  • Interest Coverage Ratio improved to 6.81 in Q2 2026 per NOC's latest filing, from 0.97 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 8.24 in Q2 2025 and bottomed at 12.38 in Q4 2024.
  • The 5-year median for Interest Coverage Ratio is 3.68 (2022), against an average of 2.84.
  • Biggest YoY gain for Interest Coverage Ratio was 2990.15% in 2024; the steepest drop was 1007.69% in 2024.
  • Year by year, Interest Coverage Ratio stood at 0.55 in 2022, then tumbled by 303.12% to 1.12 in 2023, then slumped by 1007.69% to 12.38 in 2024, then surged by 158.69% to 7.26 in 2025, then dropped by 6.27% to 6.81 in 2026.
  • Per Business Quant, the three latest NOC Interest Coverage Ratio figures stand at 6.81 (Q2 2026), 0.97 (Q1 2026), and 7.26 (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 General Electric 368.87 Bn 359.52 Bn -3.10 Bn -5.05
2 Rtx 286.73 Bn 278.42 Bn 9.91 Bn 1.76
3 Boeing 169.21 Bn 149.19 Bn 2.41 Bn 0.26
4 Lockheed Martin 131.65 Bn 127.86 Bn 2.45 Bn 2.07
5 Howmet Aerospace 111.58 Bn 109.15 Bn 854.00 Mn -
6 General Dynamics 102.31 Bn 97.98 Bn 6.76 Bn 26.07
7 Northrop Grumman 75.66 Bn 73.35 Bn 3.72 Bn 6.81
8 TransDigm 72.31 Bn 68.42 Bn 1.51 Bn 2.43
9 L3Harris Technologies 50.64 Bn 50.05 Bn 1.40 Bn 1.69
10 Heico 49.30 Bn 49.09 Bn 569.53 Mn 2.47

Historic Data

Download Data
DateValue
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