Northrop Grumman (NOC) Operating Leases (2019 - 2026)
Northrop Grumman (NOC) posted Operating Leases of $1.9 billion for Q2 2026, down 2.31% on a QoQ basis from $1.9 billion in Q1 2026, and up 3.1% year-over-year from $1.8 billion in Q2 2025.
Analysis
Northrop Grumman (NOC) Operating Leases (2019 - 2026) Analysis & Trends
Northrop Grumman has reported Operating Leases for 8 years, with the latest figure at $1.9 billion in 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, down 12.49% from the prior year.
- Operating Leases was $1.9 billion for Q2 2026 at Northrop Grumman, down from $1.9 billion in the prior quarter.
- The five-year high for Operating Leases was $2.2 billion in Q4 2023, with the low at $1.7 billion in Q2 2022.
- Average Operating Leases over 5 years is $1.9 billion, with a median of $1.8 billion recorded in 2024.
- The sharpest annual moves came in 2022 and 2025: Operating Leases advanced 24.07% in 2022, then dropped 12.49% in 2025.
- Over 5 years, Operating Leases stood at $2.1 billion in 2022, then climbed by 3.25% to $2.2 billion in 2023, then retreated by 3.19% to $2.1 billion in 2024, then decreased by 12.49% to $1.9 billion in 2025, then advanced by 0.22% to $1.9 billion in 2026.
- The last three Operating Leases figures came in at $1.9 billion (Q2 2026), $1.9 billion (Q1 2026), and $1.9 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Lockheed Martin | 121.53 Bn | 117.74 Bn | 2.45 Bn |
| 2 | General Dynamics | 95.53 Bn | 91.19 Bn | 6.76 Bn |
| 3 | Motorola Solutions | 76.76 Bn | 76.05 Bn | 1.68 Bn |
| 4 | Northrop Grumman | 73.89 Bn | 71.58 Bn | 3.72 Bn |
| 5 | L3Harris Technologies | 46.24 Bn | 44.72 Bn | 1.50 Bn |
| 6 | Elbit Systems | 33.19 Bn | 32.23 Bn | 579.01 Mn |
| 7 | Teledyne Technologies | 27.70 Bn | 27.36 Bn | 738.10 Mn |
| 8 | Curtiss Wright | 20.66 Bn | 20.18 Bn | 364.09 Mn |
| 9 | Leidos Holdings | 16.32 Bn | 15.57 Bn | 817.00 Mn |
| 10 | Caci International | 13.81 Bn | 13.62 Bn | 913.55 Mn |
Historic Data
Download Data
Historic 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 | 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 | 1.87 Bn |
| Sep 30, 2021 | 1.37 Bn |