Northrop Grumman (NOC) Net Margin (2009 - 2026)
Northrop Grumman (NOC) recorded Net Margin of 10.11% in Q3 2026, down 0.45 percentage points from 10.55% a year earlier but up 0.05 percentage points from the prior quarter.
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Analysis
Northrop Grumman (NOC) Net Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Northrop Grumman's Net Margin came in at 10.37% as of Sep 30, 2026, up 0.55 percentage points year-over-year; for FY2025, it came in at 9.97%, down 0.20 percentage points from FY2024.
- Annual Net Margin has a five-year change of +1.30 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at 10.17% in FY2024 (+4.94 pp), 5.23% in FY2023 (-8.14 pp), 13.38% in FY2022 (-6.26 pp) and 19.64% in FY2021 (+10.97 pp).
- Quarterly Net Margin has ranged from -5.03% in Q4 2023 to 31.37% in Q4 2021 over the past five years.
- On a year-over-year basis, Net Margin rose in five of the last eight quarters, with an average year-over-year change of +2.18 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 28.14 percentage points in Q4 2021, against a drop of 25.76 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 10.06% (Q2 2026), 8.86% (Q1 2026) and 12.18% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Space Exploration Technologies | 1,722.87 Bn | 1,722.87 Bn | 9.10 Bn | 30.22% |
| 2 | General Electric | 345.20 Bn | 303.72 Bn | 5.02 Bn | 16.21% |
| 3 | Rtx | 269.97 Bn | 238.24 Bn | 5.81 Bn | 10.35% |
| 4 | Lockheed Martin | 137.94 Bn | 122.17 Bn | 2.44 Bn | 8.91% |
| 5 | Boeing | 136.62 Bn | 45.58 Bn | 2.17 Bn | -0.84% |
| 6 | General Dynamics | 98.71 Bn | 83.95 Bn | 2.25 Bn | 8.44% |
| 7 | Howmet Aerospace | 88.13 Bn | 83.88 Bn | 1.00 Bn | 20.98% |
| 8 | Motorola Solutions | 86.35 Bn | 82.81 Bn | 1.77 Bn | 15.17% |
| 9 | Northrop Grumman | 77.53 Bn | 64.99 Bn | 2.35 Bn | 10.11% |
| 10 | Honeywell International | 72.26 Bn | 31.77 Bn | 2.02 Bn | 13.30% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.11% |
| Jun 30, 2026 | 10.06% |
| Mar 31, 2026 | 8.86% |
| Dec 31, 2025 | 12.18% |
| Sep 30, 2025 | 10.55% |
| Jun 30, 2025 | 11.34% |
| Mar 31, 2025 | 5.08% |
| Dec 31, 2024 | 11.83% |
| Sep 30, 2024 | 10.26% |
| Jun 30, 2024 | 9.20% |
| Mar 31, 2024 | 9.32% |
| Dec 31, 2023 | -5.03% |
| Sep 30, 2023 | 9.59% |
| Jun 30, 2023 | 8.48% |
| Mar 31, 2023 | 9.05% |
| Dec 31, 2022 | 20.73% |
| Sep 30, 2022 | 10.20% |
| Jun 30, 2022 | 10.75% |
| Mar 31, 2022 | 10.86% |
| Dec 31, 2021 | 31.37% |
API Access
Northrop Grumman Net Margin 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=net-margin&ticker=NOC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=NOC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();