Northrop Grumman (NOC) Return on Capital Employed (2009 - 2026)
Northrop Grumman (NOC) recorded quarterly Return on Capital Employed of 6.49% in Q1 2026, up 15.88% quarter-over-quarter from 5.6% in Q4 2025, and down 150.0% on a YoY basis from 12.98% in Q1 2025.
Northrop Grumman (NOC) Return on Capital Employed (2009 - 2026) Analysis & Trends
Northrop Grumman's Return on Capital Employed history runs 18 years deep, the most recent figure standing at 6.49% for Q1 2026.
- In Q1 2026, Return on Capital Employed fell 150.0% year-over-year to 6.49%; the TTM figure through Mar 2026 stood at 6.49% (down 150.0% YoY), while the FY2025 annual figure was 12.36%, down 56.0% from the prior year.
- Return on Capital Employed was 6.49% for Q1 2026 at Northrop Grumman, up from 5.6% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 9.48% in Q4 2024 to a low of 5.01% in Q2 2025.
- Historically, Return on Capital Employed has averaged 6.39% across 5 years, with a median of 5.9% in 2024.
- The sharpest annual moves came in 2022 and 2024: Return on Capital Employed slumped 1251 bps in 2022, then soared 420 bps in 2024.
- A 5-year view of Return on Capital Employed shows it stood at 6.1% in 2022, then retreated by 13 bps to 5.28% in 2023, then surged by 79 bps to 9.48% in 2024, then slumped by 41 bps to 5.6% in 2025, then climbed by 16 bps to 6.49% in 2026.
- The last three Return on Capital Employed figures came in at 6.49% (Q1 2026), 5.6% (Q4 2025), and 5.07% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | DEFSEC Technologies | 4,964.60 Bn | 4,964.60 Bn | 456,459.43 | -265.55% |
| 2 | General Electric | 375.02 Bn | 364.28 Bn | 9.11 Bn | -9.24% |
| 3 | Rtx | 251.10 Bn | 246.00 Bn | 9.08 Bn | 8.75% |
| 4 | Boeing | 176.15 Bn | 155.24 Bn | 2.55 Bn | 7.00% |
| 5 | Lockheed Martin | 117.75 Bn | 115.86 Bn | 2.08 Bn | 19.82% |
| 6 | Howmet Aerospace | 111.79 Bn | 109.36 Bn | 854.00 Mn | 23.50% |
| 7 | Embraer | 94.69 Bn | 92.06 Bn | - | - |
| 8 | General Dynamics | 94.57 Bn | 90.92 Bn | 9.09 Bn | 14.01% |
| 9 | TransDigm | 77.14 Bn | 73.27 Bn | 1.51 Bn | 19.95% |
| 10 | Northrop Grumman | 74.17 Bn | 72.08 Bn | 3.45 Bn | 6.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.49% |
| Dec 31, 2025 | 5.60% |
| Sep 30, 2025 | 5.07% |
| Jun 30, 2025 | 5.01% |
| Mar 31, 2025 | 7.99% |
| Dec 31, 2024 | 9.48% |
| Sep 30, 2024 | 5.90% |
| Jun 30, 2024 | 8.71% |
| Mar 31, 2024 | 5.60% |
| Dec 31, 2023 | 5.28% |
| Sep 30, 2023 | 5.70% |
| Jun 30, 2023 | 5.46% |
| Mar 31, 2023 | 8.39% |
| Dec 31, 2022 | 6.10% |
| Sep 30, 2022 | 5.62% |
| Jun 30, 2022 | 5.98% |
| Mar 31, 2022 | 6.17% |
| Dec 31, 2021 | 14.62% |
| Sep 30, 2021 | 18.13% |
| Jun 30, 2021 | 18.09% |