Northrop Grumman (NOC) Operating Margin (2009 - 2026)
Northrop Grumman's quarterly Operating Margin came in at 10.01% in Q1 2026, up 396.0% year-on-year from 2.02% in Q1 2025, and down 7.77% quarter-over-quarter from 10.85% in Q4 2025.
Northrop Grumman has reported Operating Margin for 18 years, with the latest figure at 10.01% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin rose 396.0% year-over-year to 10.01%; the trailing twelve-month figure through Mar 2026 stood at 5.8% (down 111.0% YoY), and the FY2025 full-year result was 10.75%, up 10.0% from the prior year.
- Operating Margin for Q1 2026 stood at 10.01%, down from 10.85% in the prior quarter.
- The five-year high for Operating Margin was 10.85% in Q4 2025, with the low at 1.34% in Q4 2023.
- Average Operating Margin over 5 years is 5.95%, with a median of 9.41% recorded in 2022.
- Year-over-year, Operating Margin sank 3006 bps in 2022 and jumped 1154 bps in 2024.
- Tracing NOC's Operating Margin over 5 years: stood at 0.66% in 2022, then tumbled by 304 bps to 1.34% in 2023, then jumped by 858 bps to 10.19% in 2024, then rose by 6 bps to 10.85% in 2025, then fell by 8 bps to 10.01% in 2026.
- The last three Operating Margin figures came in at 10.01% (Q1 2026), 10.85% (Q4 2025), and 1.17% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 316.77 Bn | 306.03 Bn | 9.11 Bn | -8.61% |
| 2 | Rtx | 238.61 Bn | 233.51 Bn | 9.08 Bn | 11.57% |
| 3 | Boeing | 172.59 Bn | 151.68 Bn | 2.55 Bn | 2.02% |
| 4 | Lockheed Martin | 122.59 Bn | 120.70 Bn | 2.08 Bn | 11.45% |
| 5 | Howmet Aerospace | 102.88 Bn | 100.44 Bn | 854.00 Mn | 32.56% |
| 6 | General Dynamics | 92.64 Bn | 88.99 Bn | 9.09 Bn | 10.53% |
| 7 | Rocket Lab | 82.19 Bn | 80.92 Bn | 76.49 Mn | -27.94% |
| 8 | Northrop Grumman | 78.95 Bn | 76.86 Bn | 3.45 Bn | 10.01% |
| 9 | TransDigm | 70.63 Bn | 66.75 Bn | 1.51 Bn | 46.31% |
| 10 | Cae | 60.63 Bn | 60.14 Bn | -496.95 Mn | 14.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.01% |
| Dec 31, 2025 | 10.85% |
| Sep 30, 2025 | 1.17% |
| Jun 30, 2025 | 0.73% |
| Mar 31, 2025 | 6.05% |
| Dec 31, 2024 | 10.19% |
| Sep 30, 2024 | 0.39% |
| Jun 30, 2024 | 10.67% |
| Mar 31, 2024 | 10.57% |
| Dec 31, 2023 | -1.34% |
| Sep 30, 2023 | 10.39% |
| Jun 30, 2023 | -0.38% |
| Mar 31, 2023 | 10.18% |
| Dec 31, 2022 | 0.66% |
| Sep 30, 2022 | 9.41% |
| Jun 30, 2022 | 10.84% |
| Mar 31, 2022 | 0.76% |
| Dec 31, 2021 | -1.08% |
| Sep 30, 2021 | 11.96% |
| Jun 30, 2021 | 11.41% |
| Mar 31, 2021 | 30.82% |
| Dec 31, 2020 | 11.28% |
| Sep 30, 2020 | 10.84% |
| Jun 30, 2020 | 11.19% |
| Mar 31, 2020 | 10.84% |
| Dec 31, 2019 | 13.03% |
| Sep 30, 2019 | 11.22% |
| Jun 30, 2019 | 11.19% |
| Mar 31, 2019 | 11.43% |
| Dec 31, 2018 | 11.56% |
| Sep 30, 2018 | 14.50% |
| Jun 30, 2018 | 0.97% |
| Mar 31, 2018 | 12.59% |
| Dec 31, 2017 | 10.26% |
| Sep 30, 2017 | 0.85% |
| Jun 30, 2017 | 13.35% |
| Mar 31, 2017 | 13.31% |
| Dec 31, 2016 | 12.99% |
| Sep 30, 2016 | 13.42% |
| Jun 30, 2016 | 13.28% |
| Mar 31, 2016 | 12.41% |
| Dec 31, 2015 | 12.10% |
| Sep 30, 2015 | 13.28% |
| Jun 30, 2015 | 13.79% |
| Mar 31, 2015 | 13.09% |
| Dec 31, 2014 | 12.48% |
| Sep 30, 2014 | 12.85% |
| Jun 30, 2014 | 13.58% |
| Mar 31, 2014 | 14.45% |
| Dec 31, 2013 | 12.47% |
| Sep 30, 2013 | 12.94% |
| Jun 30, 2013 | 12.81% |
| Mar 31, 2013 | 12.43% |
| Dec 31, 2012 | 12.72% |
| Sep 30, 2012 | 11.74% |
| Jun 30, 2012 | 12.34% |
| Mar 31, 2012 | 12.84% |
| Dec 31, 2011 | 12.28% |
| Sep 30, 2011 | 12.48% |
| Jun 30, 2011 | 12.82% |
| Mar 31, 2011 | 12.04% |
| Dec 31, 2010 | 9.78% |
| Sep 30, 2010 | 10.22% |
| Jun 30, 2010 | 10.32% |
| Mar 31, 2010 | 9.84% |
| Dec 31, 2009 | 7.07% |
| Sep 30, 2009 | 7.41% |
| Jun 30, 2009 | 7.19% |
| Mar 31, 2009 | 7.80% |