Northrop Grumman (NOC) Inventory (2014 - 2026)
Northrop Grumman's (NOC) quarterly Inventory came in at $1.4 billion in Q2 2026, down 8.89% year-on-year from $1.6 billion in Q2 2025, and down 2.41% quarter-over-quarter from $1.5 billion in Q1 2026.
Northrop Grumman (NOC) Inventory (2014 - 2026) Analysis & Trends
Northrop Grumman's Inventory history runs 13 years deep, the most recent figure standing at $1.4 billion for Q2 2026.
- On a quarterly basis, Inventory fell 8.89% year-over-year to $1.4 billion in Q2 2026; TTM through Jun 2026 was $1.4 billion, a 8.89% decrease from a year earlier, with the FY2025 full-year figure at $1.3 billion, down 10.03% from the prior year.
- Inventory retreated to $1.4 billion in Q2 2026 per NOC's latest filing, from $1.5 billion in the prior quarter.
- Across five years, Inventory topped out at $1.6 billion in Q3 2024 and bottomed at $838.0 million in Q1 2022.
- The 5-year median for Inventory is $1.4 billion (2023), against an average of $1.3 billion.
- Across the five-year window, Inventory soared 41.58% in 2023 and slipped 10.03% in 2025, its largest moves.
- Year by year, Inventory stood at $978.0 million in 2022, then grew by 13.39% to $1.1 billion in 2023, then soared by 31.2% to $1.5 billion in 2024, then declined by 10.03% to $1.3 billion in 2025, then gained by 8.1% to $1.4 billion in 2026.
- Per Business Quant, the three latest NOC Inventory figures stand at $1.4 billion (Q2 2026), $1.5 billion (Q1 2026), and $1.3 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 369.74 Bn | 360.40 Bn | -3.10 Bn | 12.44 Bn |
| 2 | Rtx | 286.79 Bn | 278.48 Bn | 9.91 Bn | 14.41 Bn |
| 3 | Boeing | 168.91 Bn | 148.89 Bn | 2.41 Bn | 88.39 Bn |
| 4 | Lockheed Martin | 132.03 Bn | 128.24 Bn | 2.45 Bn | 4.41 Bn |
| 5 | Howmet Aerospace | 111.81 Bn | 109.37 Bn | 854.00 Mn | 1.98 Bn |
| 6 | General Dynamics | 101.89 Bn | 97.56 Bn | 6.76 Bn | 9.10 Bn |
| 7 | Northrop Grumman | 75.58 Bn | 73.27 Bn | 3.72 Bn | 1.42 Bn |
| 8 | TransDigm | 72.49 Bn | 68.61 Bn | 1.51 Bn | 2.40 Bn |
| 9 | L3Harris Technologies | 50.52 Bn | 49.93 Bn | 1.40 Bn | 1.23 Bn |
| 10 | Heico | 49.29 Bn | 49.08 Bn | 569.53 Mn | 1.41 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.42 Bn |
| Mar 31, 2026 | 1.45 Bn |
| Dec 31, 2025 | 1.31 Bn |
| Sep 30, 2025 | 1.62 Bn |
| Jun 30, 2025 | 1.55 Bn |
| Mar 31, 2025 | 1.58 Bn |
| Dec 31, 2024 | 1.46 Bn |
| Sep 30, 2024 | 1.65 Bn |
| Jun 30, 2024 | 1.50 Bn |
| Mar 31, 2024 | 1.37 Bn |
| Dec 31, 2023 | 1.11 Bn |
| Sep 30, 2023 | 1.36 Bn |
| Jun 30, 2023 | 1.29 Bn |
| Mar 31, 2023 | 1.12 Bn |
| Dec 31, 2022 | 978.00 Mn |
| Sep 30, 2022 | 989.00 Mn |
| Jun 30, 2022 | 909.00 Mn |
| Mar 31, 2022 | 838.00 Mn |
| Dec 31, 2021 | 811.00 Mn |
| Sep 30, 2021 | 872.00 Mn |