Northrop Grumman (NOC) Interest Coverage Ratio (2009 - 2026)
Northrop Grumman's Interest Coverage Ratio came in at 8.03 for Q3 2026, up 4.1% from 7.71 a year earlier and up 18.0% from the prior quarter.
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Analysis
Northrop Grumman (NOC) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Northrop Grumman reported Interest Coverage Ratio of 7.05, up 5.9% 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 Q3 2026 figure represents the highest quarterly Interest Coverage Ratio since Q2 2025.
- Year-over-year, Interest Coverage Ratio increased in five of the last seven quarters, with growth averaging 5.3%.
- 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 6.81 (Q2 2026), 6.10 (Q1 2026) and 7.26 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 303.30 Bn | 262.05 Bn | 5.02 Bn | -29.10 |
| 2 | Rtx | 262.79 Bn | 232.77 Bn | 5.81 Bn | - |
| 3 | Boeing | 148.22 Bn | 54.92 Bn | 2.41 Bn | 0.26 |
| 4 | Lockheed Martin | 136.34 Bn | 120.57 Bn | 2.44 Bn | 9.25 |
| 5 | General Dynamics | 94.90 Bn | 82.01 Bn | 2.18 Bn | - |
| 6 | Motorola Solutions | 79.08 Bn | 75.44 Bn | 1.68 Bn | 7.42 |
| 7 | Northrop Grumman | 78.49 Bn | 65.95 Bn | 2.35 Bn | 8.03 |
| 8 | Howmet Aerospace | 77.28 Bn | 72.89 Bn | 951.00 Mn | - |
| 9 | Honeywell International | 69.19 Bn | 21.64 Bn | 3.65 Bn | 4.92 |
| 10 | TransDigm | 63.12 Bn | 51.21 Bn | 1.63 Bn | 2.39 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.03 |
| 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 |
API Access
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_KEYimport 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();