Northrop Grumman (NOC) Operating Margin (2009 - 2026)

Northrop Grumman has reported Operating Margin for 18 years, with the latest figure at 10.08% in Q2 2026.

• On a quarterly basis, Operating Margin fell 369.0% year-over-year to 10.08% in Q2 2026; TTM through Jun 2026 was 10.72%, a 33.0% increase from a year earlier, with the FY2025 full-year figure at 10.75%, up 10.0% from the prior year.
• Operating Margin was 10.08% for Q2 2026 at Northrop Grumman, up from 10.01% in the prior quarter.
• The five-year high for Operating Margin was 13.77% in Q2 2025, with the low at 1.34% in Q4 2023.
• Average Operating Margin over 5 years is 9.21%, with a median of 10.19% recorded in 2022.
• The sharpest annual moves came in 2022 and 2024: Operating Margin slumped 2062 bps in 2022, then soared 1154 bps in 2024.
• Over 5 years, Operating Margin 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 dropped by 7 bps to 10.08% in 2026.
• The last three Operating Margin figures came in at 10.08% (Q2 2026), 10.01% (Q1 2026), and 10.85% (Q4 2025), per Business Quant data.