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
DateValue
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%