Northrop Grumman (NOC) Net Margin (2009 - 2026)
Northrop Grumman (NOC) recorded Net Margin of 10.06% in Q2 2026, down 1.28 percentage points from 11.34% a year earlier but up 1.20 percentage points from the prior quarter.
Northrop Grumman (NOC) Net Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Northrop Grumman's Net Margin came in at 10.48% as of Jun 30, 2026, up 0.74 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 six of the last eight quarters, with an average year-over-year change of +2.32 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 8.86% (Q1 2026), 12.18% (Q4 2025) and 10.55% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 330.21 Bn | 284.21 Bn | 4.68 Bn | 17.75% |
| 2 | Rtx | 252.88 Bn | 226.09 Bn | 5.13 Bn | 8.66% |
| 3 | Boeing | 145.76 Bn | 52.46 Bn | 2.41 Bn | -2.16% |
| 4 | Lockheed Martin | 119.56 Bn | 106.28 Bn | 2.45 Bn | 9.15% |
| 5 | Howmet Aerospace | 91.38 Bn | 86.98 Bn | 951.00 Mn | 20.97% |
| 6 | General Dynamics | 90.40 Bn | 77.51 Bn | 2.18 Bn | 8.23% |
| 7 | Motorola Solutions | 74.81 Bn | 71.18 Bn | 1.68 Bn | 17.78% |
| 8 | Northrop Grumman | 71.85 Bn | 61.10 Bn | 2.12 Bn | 10.06% |
| 9 | Honeywell International | 67.04 Bn | 19.48 Bn | 3.65 Bn | 58.46% |
| 10 | TransDigm | 61.31 Bn | 49.40 Bn | 1.63 Bn | 19.66% |
Historic 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% |
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_KEY
import 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();