Northrop Grumman (NOC) Inventory Average (2015 - 2026)
Northrop Grumman's (NOC) quarterly Inventory Average came in at $1.4 billion in Q2 2026, down 8.5% year-on-year from $1.6 billion in Q2 2025, and up 3.84% quarter-over-quarter from $1.4 billion in Q1 2026.
Northrop Grumman (NOC) Inventory Average (2015 - 2026) Analysis & Trends
Northrop Grumman's Inventory Average history runs 12 years deep, the most recent figure standing at $1.4 billion for Q2 2026.
- On a quarterly basis, Inventory Average fell 8.5% year-over-year to $1.4 billion in Q2 2026; TTM through Jun 2026 was $1.4 billion, a 8.5% decrease from a year earlier, with the FY2025 full-year figure at $1.4 billion, up 7.8% from the prior year.
- Inventory Average rose to $1.4 billion in Q2 2026 per NOC's latest filing, from $1.4 billion in the prior quarter.
- Across five years, Inventory Average topped out at $1.6 billion in Q3 2025 and bottomed at $824.5 million in Q1 2022.
- The 5-year median for Inventory Average is $1.4 billion (2023), against an average of $1.3 billion.
- Across the five-year window, Inventory Average jumped 39.2% in 2023 and declined 9.03% in 2026, its largest moves.
- Year by year, Inventory Average stood at $983.5 million in 2022, then gained by 25.27% to $1.2 billion in 2023, then climbed by 25.85% to $1.6 billion in 2024, then fell by 5.71% to $1.5 billion in 2025, then dropped by 2.02% to $1.4 billion in 2026.
- Per Business Quant, the three latest NOC Inventory Average figures stand at $1.4 billion (Q2 2026), $1.4 billion (Q1 2026), and $1.5 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 369.74 Bn | 360.40 Bn | -3.10 Bn | 12.40 Bn |
| 2 | Rtx | 286.79 Bn | 278.48 Bn | 9.91 Bn | 14.28 Bn |
| 3 | Boeing | 168.91 Bn | 148.89 Bn | 2.41 Bn | 87.81 Bn |
| 4 | Lockheed Martin | 132.03 Bn | 128.24 Bn | 2.45 Bn | 4.33 Bn |
| 5 | Howmet Aerospace | 111.81 Bn | 109.37 Bn | 854.00 Mn | 1.91 Bn |
| 6 | General Dynamics | 101.89 Bn | 97.56 Bn | 6.76 Bn | 9.14 Bn |
| 7 | Northrop Grumman | 75.58 Bn | 73.27 Bn | 3.72 Bn | 1.43 Bn |
| 8 | TransDigm | 72.49 Bn | 68.61 Bn | 1.51 Bn | 2.39 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 | 1.37 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.43 Bn |
| Mar 31, 2026 | 1.38 Bn |
| Dec 31, 2025 | 1.46 Bn |
| Sep 30, 2025 | 1.58 Bn |
| Jun 30, 2025 | 1.57 Bn |
| Mar 31, 2025 | 1.52 Bn |
| Dec 31, 2024 | 1.55 Bn |
| Sep 30, 2024 | 1.58 Bn |
| Jun 30, 2024 | 1.44 Bn |
| Mar 31, 2024 | 1.24 Bn |
| Dec 31, 2023 | 1.23 Bn |
| Sep 30, 2023 | 1.32 Bn |
| Jun 30, 2023 | 1.20 Bn |
| Mar 31, 2023 | 1.05 Bn |
| Dec 31, 2022 | 983.50 Mn |
| Sep 30, 2022 | 949.00 Mn |
| Jun 30, 2022 | 873.50 Mn |
| Mar 31, 2022 | 824.50 Mn |
| Dec 31, 2021 | 841.50 Mn |
| Sep 30, 2021 | 867.50 Mn |