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

Northrop Grumman (NOC) posted quarterly Operating Margin of 10.01% for Q1 2026, up 396.0% year-over-year from 2.02% in Q1 2025, and down 7.77% on a QoQ basis from 10.85% in Q4 2025.

Northrop Grumman (NOC) Operating Margin (2009 - 2026) Analysis & Trends

Northrop Grumman (NOC) has reported Operating Margin for 18 consecutive years, with 10.01% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Margin rose 396.0% year-over-year to 10.01%; the TTM figure through Mar 2026 stood at 5.8% (down 111.0% YoY), while the FY2025 annual figure was 10.75%, up 10.0% from the prior year.
  • Operating Margin came in at 10.01% for Q1 2026 at Northrop Grumman, 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.
  • Across the five-year window, Operating Margin slumped 3006 bps in 2022 and surged 1154 bps in 2024, its largest moves.
  • Year by year, Operating Margin stood at 0.66% in 2022, then sank by 304 bps to 1.34% in 2023, then soared by 858 bps to 10.19% in 2024, then advanced by 6 bps to 10.85% in 2025, then decreased by 8 bps to 10.01% in 2026.
  • According to Business Quant data, Operating Margin over the past three periods registered 10.01%, 10.85%, and 1.17% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn 2.02%
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn 11.57%
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn 10.53%
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn 11.45%
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn 32.56%
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 46.31%
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn 10.01%
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn -27.94%
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn 11.35%
10 Heico 50.20 Bn 50.07 Bn 569.53 Mn 25.47%

Historic Data

Download Data
DateValue
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%