Northrop Grumman (NOC) Return on Assets [ROA] (2009 - 2026)
Northrop Grumman (NOC) reported Return on Assets [ROA] of 8.92% for Q2 2026, up 0.87 percentage points from 8.06% a year earlier but down 0.10 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] gained in six of the last eight quarters, with an average year-over-year change of +1.28 percentage points.
- 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 Q2 2026 came in at 9.03% (Q1 2026), 8.31% (Q4 2025) and 8.14% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 324.09 Bn | 278.09 Bn | 4.68 Bn | 7.01% |
| 2 | Rtx | 250.22 Bn | 223.44 Bn | 5.13 Bn | 4.72% |
| 3 | Boeing | 147.08 Bn | 53.78 Bn | 2.41 Bn | 1.48% |
| 4 | Lockheed Martin | 117.51 Bn | 104.24 Bn | 2.45 Bn | 10.33% |
| 5 | Howmet Aerospace | 90.46 Bn | 86.07 Bn | 951.00 Mn | 14.22% |
| 6 | General Dynamics | 89.77 Bn | 76.88 Bn | 2.18 Bn | 7.53% |
| 7 | Motorola Solutions | 73.88 Bn | 70.24 Bn | 1.68 Bn | 11.17% |
| 8 | Northrop Grumman | 68.68 Bn | 57.92 Bn | 2.12 Bn | 8.92% |
| 9 | Honeywell International | 66.86 Bn | 19.30 Bn | 3.65 Bn | 10.86% |
| 10 | TransDigm | 59.83 Bn | 47.91 Bn | 1.63 Bn | 8.16% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.92% |
| Mar 31, 2026 | 9.03% |
| Dec 31, 2025 | 8.31% |
| Sep 30, 2025 | 8.14% |
| Jun 30, 2025 | 8.06% |
| Mar 31, 2025 | 7.59% |
| Dec 31, 2024 | 8.55% |
| Sep 30, 2024 | 4.95% |
| Jun 30, 2024 | 4.79% |
| Mar 31, 2024 | 4.57% |
| Dec 31, 2023 | 4.50% |
| Sep 30, 2023 | 10.32% |
| Jun 30, 2023 | 10.35% |
| Mar 31, 2023 | 10.87% |
| Dec 31, 2022 | 11.32% |
| Sep 30, 2022 | 13.06% |
| Jun 30, 2022 | 13.54% |
| Mar 31, 2022 | 13.65% |
| Dec 31, 2021 | 16.50% |
| Sep 30, 2021 | 10.95% |
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();