Northrop Grumman (NOC) Return on Assets [ROA] (2009 - 2026)
Northrop Grumman (NOC) reported Return on Assets [ROA] of 8.75% for Q3 2026, up 0.61 percentage points from 8.14% a year earlier but down 0.17 percentage points from the prior quarter.
Northrop Grumman (NOC) Return on Assets [ROA] (2009 - 2026) Analysis & Trends
For FY2025, Northrop Grumman posted Return on Assets [ROA] of 8.30%, down 0.40 percentage points from FY2024.
- Return on Assets [ROA] has a five-year change of +0.85 percentage points (FY2020 to FY2025).
- By year, Return on Assets [ROA] came in at 8.70% in FY2024 (+4.15 pp), 4.55% in FY2023 (-6.79 pp), 11.34% in FY2022 (-4.75 pp) and 16.09% in FY2021 (+8.64 pp).
- Five-year quarterly Return on Assets [ROA] spans a low of 4.50% in Q4 2023 and a high of 16.50% in Q4 2021.
- Year over year, Return on Assets [ROA] has now increased in each of the last three quarters, with an average year-over-year change of +2.03 percentage points over the last eight quarters.
- The high point for year-over-year Return on Assets [ROA] in five years was Q4 2021 (a gain of 9.35 percentage points); the low point was Q4 2023 (a drop of 6.82 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 8.92% (Q2 2026), 9.03% (Q1 2026) and 8.31% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Space Exploration Technologies | 1,943.02 Bn | 1,704.73 Bn | 9.10 Bn | -1.24% |
| 2 | General Electric | 349.37 Bn | 308.11 Bn | 5.02 Bn | 7.16% |
| 3 | Rtx | 270.29 Bn | 240.28 Bn | 5.81 Bn | 5.04% |
| 4 | Lockheed Martin | 139.31 Bn | 123.54 Bn | 2.44 Bn | 10.26% |
| 5 | Boeing | 137.40 Bn | 46.38 Bn | 2.17 Bn | 4.56% |
| 6 | General Dynamics | 99.29 Bn | 84.52 Bn | 2.25 Bn | 7.74% |
| 7 | Motorola Solutions | 87.28 Bn | 83.77 Bn | 1.77 Bn | 10.35% |
| 8 | Howmet Aerospace | 87.15 Bn | 82.91 Bn | 1.00 Bn | 15.48% |
| 9 | Northrop Grumman | 77.96 Bn | 65.41 Bn | 2.35 Bn | 8.74% |
| 10 | Honeywell International | 72.44 Bn | 32.19 Bn | 2.02 Bn | 10.78% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.74% |
| Jun 30, 2026 | 8.90% |
| Mar 31, 2026 | 9.05% |
| Dec 31, 2025 | 8.36% |
| Sep 30, 2025 | 8.17% |
| Jun 30, 2025 | 8.10% |
| Mar 31, 2025 | 7.59% |
| Dec 31, 2024 | 8.50% |
| Sep 30, 2024 | 4.97% |
| Jun 30, 2024 | 4.80% |
| Mar 31, 2024 | 4.59% |
| Dec 31, 2023 | 4.55% |
| Sep 30, 2023 | 10.36% |
| Jun 30, 2023 | 10.37% |
| Mar 31, 2023 | 10.86% |
| Dec 31, 2022 | 11.30% |
| Sep 30, 2022 | 13.00% |
| Jun 30, 2022 | 13.47% |
| Mar 31, 2022 | 13.61% |
| Dec 31, 2021 | 16.46% |
Northrop Grumman Return on Assets [ROA] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=NOC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "ticker": "NOC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=NOC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();