Northrop Grumman (NOC) Return on Capital Employed (2009 - 2026)
Northrop Grumman (NOC) posted quarterly Return on Capital Employed of 6.15% for Q2 2026, down 40.0% year-over-year from 10.25% in Q2 2025, and down 10.66% quarter-over-quarter from 6.88% in Q1 2026.
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 6.15% for Q2 2026.
- In Q2 2026, Return on Capital Employed fell 40.0% year-over-year to 6.15%; the TTM figure through Jun 2026 stood at 6.15% (down 40.0% YoY), while the FY2025 annual figure was 12.36%, down 56.0% from the prior year.
- Return on Capital Employed for Q2 2026 stood at 6.15%, down from 6.88% in the prior quarter.
- The five-year high for Return on Capital Employed was 9.48% in Q4 2024, with the low at 5.28% in Q4 2023.
- The 5-year median for Return on Capital Employed is 6.12% (2022), against an average of 6.5%.
- The sharpest annual moves came in 2022 and 2024: Return on Capital Employed sank 1251 bps in 2022, then surged 420 bps in 2024.
- Northrop Grumman's Return on Capital Employed stood at 6.1% in 2022, then fell by 13 bps to 5.28% in 2023, then jumped by 79 bps to 9.48% in 2024, then declined by 27 bps to 6.96% in 2025, then declined by 12 bps to 6.15% in 2026.
- Business Quant data shows NOC's Return on Capital Employed at 6.15% in Q2 2026, 6.88% in Q1 2026, and 6.96% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | -17.57% |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | 9.62% |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | 8.25% |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | 24.71% |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | 22.99% |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | 13.87% |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | 6.30% |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | 19.59% |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | 12.00% |
| 10 | Axon Enterprise | 49.43 Bn | 48.76 Bn | 546.45 Mn | 0.40% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.15% |
| Mar 31, 2026 | 6.88% |
| Dec 31, 2025 | 6.96% |
| Sep 30, 2025 | 6.43% |
| Jun 30, 2025 | 6.55% |
| Mar 31, 2025 | 5.70% |
| 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% |