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| Date | Value |
|---|---|
| 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 |