Northrop Grumman (NOC) Net Margin (2009 - 2026)
Northrop Grumman's (NOC) quarterly Net Margin came in at 10.06% in Q2 2026, down 128.0% year-on-year from 35.92% in Q2 2025, and up 13.59% quarter-over-quarter from 8.86% in Q1 2026.
Northrop Grumman (NOC) Net Margin (2009 - 2026) Analysis & Trends
Northrop Grumman's Net Margin history runs 17 years deep, the most recent figure standing at 10.06% for Q2 2026.
- On a quarterly basis, Net Margin fell 128.0% year-over-year to 10.06% in Q2 2026; TTM through Jun 2026 was 10.48%, a 74.0% increase from a year earlier, with the FY2025 full-year figure at 9.97%, down 20.0% from the prior year.
- Net Margin improved to 10.06% in Q2 2026 per NOC's latest filing, from 8.86% in the prior quarter.
- Across five years, Net Margin topped out at 20.73% in Q4 2022 and bottomed at 5.03% in Q4 2023.
- The 5-year median for Net Margin is 10.13% (2022), against an average of 9.63%.
- Across the five-year window, Net Margin sank 2576 bps in 2023 and jumped 1686 bps in 2024, its largest moves.
- Year by year, Net Margin stood at 20.73% in 2022, then slumped by 124 bps to 5.03% in 2023, then soared by 335 bps to 11.83% in 2024, then gained by 3 bps to 12.18% in 2025, then declined by 17 bps to 10.06% in 2026.
- Per Business Quant, the three latest NOC Net Margin figures stand at 10.06% (Q2 2026), 8.86% (Q1 2026), and 12.18% (Q4 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 369.74 Bn | 360.40 Bn | -3.10 Bn | 331.47% |
| 2 | Rtx | 286.79 Bn | 278.48 Bn | 9.91 Bn | 9.10% |
| 3 | Boeing | 168.91 Bn | 148.89 Bn | 2.41 Bn | -2.16% |
| 4 | Lockheed Martin | 132.03 Bn | 128.24 Bn | 2.45 Bn | 9.15% |
| 5 | Howmet Aerospace | 111.81 Bn | 109.37 Bn | 854.00 Mn | 25.08% |
| 6 | General Dynamics | 101.89 Bn | 97.56 Bn | 6.76 Bn | 8.23% |
| 7 | Northrop Grumman | 75.58 Bn | 73.27 Bn | 3.72 Bn | 10.06% |
| 8 | TransDigm | 72.49 Bn | 68.61 Bn | 1.51 Bn | 21.03% |
| 9 | L3Harris Technologies | 50.52 Bn | 49.93 Bn | 1.40 Bn | 8.91% |
| 10 | Heico | 49.29 Bn | 49.08 Bn | 569.53 Mn | 18.20% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 12.19% |