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

Northrop Grumman (NOC) posted quarterly Interest Coverage Ratio of 6.1 for Q1 2026, up 66.21% year-over-year from 3.67 in Q1 2025, and down 15.94% on a QoQ basis from 7.26 in Q4 2025.

Northrop Grumman (NOC) Interest Coverage Ratio (2009 - 2026) Analysis & Trends

Northrop Grumman (NOC) has reported Interest Coverage Ratio for 18 consecutive years, with 6.1 the latest figure, recorded in Q1 2026.

  • In Q1 2026, Interest Coverage Ratio rose 66.21% year-over-year to 6.1; the TTM figure through Mar 2026 stood at 3.66 (down 17.18% YoY), while the FY2025 annual figure was 6.78, down 3.6% from the prior year.
  • Interest Coverage Ratio came in at 6.1 for Q1 2026 at Northrop Grumman, down from 7.26 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 7.34 in Q1 2023, with the low at 1.12 in Q4 2023.
  • Average Interest Coverage Ratio over 5 years is 4.01, with a median of 6.1 recorded in 2026.
  • Across the five-year window, Interest Coverage Ratio plunged 303.12% in 2023 and jumped 2990.15% in 2024, its largest moves.
  • Year by year, Interest Coverage Ratio stood at 0.55 in 2022, then slumped by 303.12% to 1.12 in 2023, then jumped by 709.23% to 6.81 in 2024, then grew by 6.71% to 7.26 in 2025, then decreased by 15.94% to 6.1 in 2026.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods registered 6.1, 7.26, and 0.76 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn 0.73
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn -
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn -
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn 7.67
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn -
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 2.43
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn 6.10
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn -43.93
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn -
10 Heico 50.20 Bn 50.07 Bn 569.53 Mn 10.26

Historic Data

Download Data
DateValue
Mar 31, 2026 6.10
Dec 31, 2025 7.26
Sep 30, 2025 0.76
Jun 30, 2025 0.44
Mar 31, 2025 3.67
Dec 31, 2024 6.81
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
Jun 30, 2021 7.68