Northrop Grumman (NOC) Interest Coverage Ratio (2009 - 2026)
Northrop Grumman (NOC) recorded quarterly Interest Coverage Ratio of 6.1 in Q1 2026, down 15.94% quarter-over-quarter from 7.26 in Q4 2025, and up 66.21% on a YoY basis from 3.67 in Q1 2025.
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 6.1 for 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 was 6.1 for Q1 2026 at Northrop Grumman, down from 7.26 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 7.34 in Q1 2023 to a low of 1.12 in Q4 2023.
- Historically, Interest Coverage Ratio has averaged 4.01 across 5 years, with a median of 6.1 in 2026.
- The sharpest annual moves came in 2023 and 2024: Interest Coverage Ratio tumbled 303.12% in 2023, then jumped 2990.15% in 2024.
- A 5-year view of Interest Coverage Ratio shows it stood at 0.55 in 2022, then sank by 303.12% to 1.12 in 2023, then jumped by 709.23% to 6.81 in 2024, then gained by 6.71% to 7.26 in 2025, then declined by 15.94% to 6.1 in 2026.
- The last three Interest Coverage Ratio figures came in at 6.1 (Q1 2026), 7.26 (Q4 2025), and 0.76 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | DEFSEC Technologies | 5,720.56 Bn | 5,720.56 Bn | 456,459.43 | - |
| 2 | General Electric | 359.38 Bn | 348.64 Bn | 9.11 Bn | -4.64 |
| 3 | Rtx | 248.80 Bn | 243.70 Bn | 9.08 Bn | - |
| 4 | Boeing | 180.64 Bn | 159.74 Bn | 2.55 Bn | 0.73 |
| 5 | Lockheed Martin | 121.64 Bn | 119.74 Bn | 2.08 Bn | 7.67 |
| 6 | Howmet Aerospace | 108.46 Bn | 106.03 Bn | 854.00 Mn | - |
| 7 | General Dynamics | 96.96 Bn | 93.31 Bn | 9.09 Bn | - |
| 8 | Embraer | 95.73 Bn | 93.11 Bn | - | - |
| 9 | Northrop Grumman | 77.30 Bn | 75.21 Bn | 3.45 Bn | 6.10 |
| 10 | TransDigm | 74.20 Bn | 70.32 Bn | 1.51 Bn | 2.43 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |