Northrop Grumman (NOC) Operating Leases (2019 - 2026)

Northrop Grumman (NOC) recorded quarterly Operating Leases of $1.9 billion in Q1 2026, up 2.58% quarter-over-quarter from $1.9 billion in Q4 2025, and up 2.75% on a YoY basis from $1.9 billion in Q1 2025.

Northrop Grumman (NOC) Operating Leases (2019 - 2026) Analysis & Trends

Northrop Grumman's Operating Leases history runs 8 years deep, the most recent figure standing at $1.9 billion for Q1 2026.

  • In Q1 2026, Operating Leases rose 2.75% year-over-year to $1.9 billion; the TTM figure through Mar 2026 stood at $1.9 billion (up 2.75% YoY), while the FY2025 annual figure was $1.9 billion, down 12.49% from the prior year.
  • Operating Leases was $1.9 billion for Q1 2026 at Northrop Grumman, up from $1.9 billion in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $2.2 billion in Q4 2023 to a low of $1.7 billion in Q2 2022.
  • Historically, Operating Leases has averaged $1.9 billion across 5 years, with a median of $1.8 billion in 2024.
  • The sharpest annual moves came in 2022 and 2025: Operating Leases jumped 33.52% in 2022, then slipped 12.49% in 2025.
  • A 5-year view of Operating Leases shows it stood at $2.1 billion in 2022, then advanced by 3.25% to $2.2 billion in 2023, then fell by 3.19% to $2.1 billion in 2024, then retreated by 12.49% to $1.9 billion in 2025, then rose by 2.58% to $1.9 billion in 2026.
  • The last three Operating Leases figures came in at $1.9 billion (Q1 2026), $1.9 billion (Q4 2025), and $1.8 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 DEFSEC Technologies 4,964.60 Bn 4,964.60 Bn 456,459.43
2 General Electric 375.02 Bn 364.28 Bn 9.11 Bn
3 Rtx 251.10 Bn 246.00 Bn 9.08 Bn
4 Boeing 176.15 Bn 155.24 Bn 2.55 Bn
5 Lockheed Martin 117.75 Bn 115.86 Bn 2.08 Bn
6 Howmet Aerospace 111.79 Bn 109.36 Bn 854.00 Mn
7 Embraer 94.69 Bn 92.06 Bn -
8 General Dynamics 94.57 Bn 90.92 Bn 9.09 Bn
9 TransDigm 77.14 Bn 73.27 Bn 1.51 Bn
10 Northrop Grumman 74.17 Bn 72.08 Bn 3.45 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.91 Bn
Dec 31, 2025 1.86 Bn
Sep 30, 2025 1.80 Bn
Jun 30, 2025 1.81 Bn
Mar 31, 2025 1.85 Bn
Dec 31, 2024 2.12 Bn
Sep 30, 2024 1.82 Bn
Jun 30, 2024 1.87 Bn
Mar 31, 2024 1.83 Bn
Dec 31, 2023 2.19 Bn
Sep 30, 2023 1.74 Bn
Jun 30, 2023 1.77 Bn
Mar 31, 2023 1.79 Bn
Dec 31, 2022 2.12 Bn
Sep 30, 2022 1.70 Bn
Jun 30, 2022 1.65 Bn
Mar 31, 2022 1.66 Bn
Dec 31, 2021 1.59 Bn
Sep 30, 2021 1.37 Bn
Jun 30, 2021 1.39 Bn