Northrop Grumman (NOC) Operating Leases (2019 - 2026)
Northrop Grumman's (NOC) quarterly Operating Leases came in at $1.9 billion in Q2 2026, up 3.1% year-on-year from $1.8 billion in Q2 2025, and down 2.31% quarter-over-quarter from $1.9 billion in Q1 2026.
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 Q2 2026.
- On a quarterly basis, Operating Leases rose 3.1% year-over-year to $1.9 billion in Q2 2026; TTM through Jun 2026 was $1.9 billion, a 3.1% increase from a year earlier, with the FY2025 full-year figure at $1.9 billion, up 3.28% from the prior year.
- Operating Leases retreated to $1.9 billion in Q2 2026 per NOC's latest filing, from $1.9 billion in the prior quarter.
- Across five years, Operating Leases topped out at $1.9 billion in Q1 2026 and bottomed at $1.7 billion in Q2 2022.
- The 5-year median for Operating Leases is $1.8 billion (2024), against an average of $1.8 billion.
- Across the five-year window, Operating Leases climbed 24.07% in 2022 and dropped 4.97% in 2024, its largest moves.
- Year by year, Operating Leases stood at $1.8 billion in 2022, then advanced by 3.73% to $1.9 billion in 2023, then fell by 4.97% to $1.8 billion in 2024, then climbed by 3.28% to $1.9 billion in 2025, then gained by 0.22% to $1.9 billion in 2026.
- Per Business Quant, the three latest NOC Operating Leases figures stand at $1.9 billion (Q2 2026), $1.9 billion (Q1 2026), and $1.9 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | General Electric | 371.35 Bn | 362.01 Bn | -3.10 Bn |
| 2 | Rtx | 294.48 Bn | 286.17 Bn | 9.91 Bn |
| 3 | Boeing | 167.04 Bn | 146.13 Bn | 2.55 Bn |
| 4 | Lockheed Martin | 133.85 Bn | 130.06 Bn | 2.45 Bn |
| 5 | Howmet Aerospace | 113.40 Bn | 110.97 Bn | 854.00 Mn |
| 6 | General Dynamics | 105.19 Bn | 101.49 Bn | 9.09 Bn |
| 7 | Northrop Grumman | 77.90 Bn | 75.59 Bn | 3.72 Bn |
| 8 | TransDigm | 74.28 Bn | 70.40 Bn | 1.51 Bn |
| 9 | L3Harris Technologies | 56.76 Bn | 56.17 Bn | 1.40 Bn |
| 10 | Heico | 49.19 Bn | 48.98 Bn | 569.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.86 Bn |
| 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 | 1.80 Bn |
| Sep 30, 2024 | 1.82 Bn |
| Jun 30, 2024 | 1.87 Bn |
| Mar 31, 2024 | 1.83 Bn |
| Dec 31, 2023 | 1.89 Bn |
| Sep 30, 2023 | 1.74 Bn |
| Jun 30, 2023 | 1.77 Bn |
| Mar 31, 2023 | 1.79 Bn |
| Dec 31, 2022 | 1.82 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 |