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

Northrop Grumman's Operating Margin history runs 18 years deep, the most recent figure standing at 10.01% for 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 was 10.01% for Q1 2026 at Northrop Grumman, down from 10.85% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 10.85% in Q4 2025 to a low of 1.34% in Q4 2023.
• Historically, Operating Margin has averaged 5.95% across 5 years, with a median of 9.41% in 2022.
• The sharpest annual moves came in 2022 and 2024: Operating Margin sank 3006 bps in 2022, then surged 1154 bps in 2024.
• A 5-year view of Operating Margin shows it stood at 0.66% in 2022, then plunged by 304 bps to 1.34% in 2023, then soared by 858 bps to 10.19% in 2024, then increased by 6 bps to 10.85% in 2025, then declined 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.