Northrop Grumman (NOC) Interest Coverage Ratio (2009 - 2026)
Northrop Grumman's Interest Coverage Ratio came in at 6.81 for Q2 2026, down 17.4% from 8.24 a year earlier but up 11.5% from the prior quarter.
Northrop Grumman (NOC) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Northrop Grumman reported Interest Coverage Ratio of 6.98, up 7.8% year-over-year; for FY2025, it came in at 6.78, down 3.6% from FY2024.
- Going back by year, Interest Coverage Ratio was 7.04 in FY2024 (+51.2%), 4.66 in FY2023 (-34.6%), 7.12 in FY2022 (-30.0%) and 10.16 in FY2021 (+48.3%).
- The five-year range for quarterly Interest Coverage Ratio is -3.07 (Q4 2023) to 8.24 (Q2 2025).
- Year-over-year, Interest Coverage Ratio increased in four of the last seven quarters, with growth averaging 4.2%.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in Q1 2026 (growth of 66.2%), and the weakest in Q1 2022 (a decline of 63.0%).
- Business Quant data shows NOC's Interest Coverage Ratio at 6.10 (Q1 2026), 7.26 (Q4 2025) and 7.71 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 330.21 Bn | 284.21 Bn | 4.68 Bn | -28.76 |
| 2 | Rtx | 252.88 Bn | 226.09 Bn | 5.13 Bn | - |
| 3 | Boeing | 145.76 Bn | 52.46 Bn | 2.41 Bn | 0.26 |
| 4 | Lockheed Martin | 119.56 Bn | 106.28 Bn | 2.45 Bn | 9.32 |
| 5 | Howmet Aerospace | 91.38 Bn | 86.98 Bn | 951.00 Mn | - |
| 6 | General Dynamics | 90.40 Bn | 77.51 Bn | 2.18 Bn | - |
| 7 | Motorola Solutions | 74.81 Bn | 71.18 Bn | 1.68 Bn | 7.42 |
| 8 | Northrop Grumman | 71.85 Bn | 61.10 Bn | 2.12 Bn | 6.81 |
| 9 | Honeywell International | 67.04 Bn | 19.48 Bn | 3.65 Bn | 4.92 |
| 10 | TransDigm | 61.31 Bn | 49.40 Bn | 1.63 Bn | 2.39 |
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 | -3.07 |
| Sep 30, 2023 | 7.21 |
| Jun 30, 2023 | 6.58 |
| Mar 31, 2023 | 7.34 |
| Dec 31, 2022 | 7.55 |
| Sep 30, 2022 | 6.92 |
| Jun 30, 2022 | 7.28 |
| Mar 31, 2022 | 6.74 |
| Dec 31, 2021 | 5.58 |
| Sep 30, 2021 | 7.90 |
Northrop Grumman Interest Coverage Ratio 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=interest-coverage-ratio&ticker=NOC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=NOC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();