Northrop Grumman (NOC) Return on Equity [ROE] (2009 - 2026)
Northrop Grumman's Return on Equity [ROE] came in at 24.72% for Q3 2026, down 0.83 percentage points from 25.55% a year earlier and down 0.97 percentage points from the prior quarter.
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Analysis
Northrop Grumman (NOC) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, Northrop Grumman's Return on Equity [ROE] was 26.17%, down 1.58 percentage points from FY2024.
- Return on Equity [ROE] carries a five-year change of -6.71 percentage points (FY2020 to FY2025).
- Going back by year, Return on Equity [ROE] was 27.75% in FY2024 (+14.09 pp), 13.66% in FY2023 (-21.02 pp), 34.68% in FY2022 (-24.93 pp) and 59.60% in FY2021 (+26.72 pp).
- The Q3 2026 figure represents the lowest quarterly Return on Equity [ROE] since Q1 2025.
- Year-over-year, Return on Equity [ROE] increased in five of the last eight quarters, with an average year-over-year change of +5.31 percentage points.
- The fastest year-over-year change in Return on Equity [ROE] over five years came in Q4 2021 (a gain of 27.25 percentage points), and the weakest in Q4 2022 (a drop of 24.08 percentage points).
- Business Quant data shows NOC's Return on Equity [ROE] at 25.69% (Q2 2026), 27.09% (Q1 2026) and 25.61% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 334.86 Bn | 293.38 Bn | 5.02 Bn | 51.23% |
| 2 | Rtx | 256.39 Bn | 224.66 Bn | 5.81 Bn | 12.69% |
| 3 | Boeing | 137.52 Bn | 46.48 Bn | 2.17 Bn | 120.99% |
| 4 | Lockheed Martin | 130.55 Bn | 114.79 Bn | 2.44 Bn | 69.17% |
| 5 | General Dynamics | 95.65 Bn | 80.88 Bn | 2.25 Bn | 17.21% |
| 6 | Motorola Solutions | 85.05 Bn | 81.51 Bn | 1.77 Bn | 72.39% |
| 7 | Howmet Aerospace | 81.91 Bn | 77.67 Bn | 1.00 Bn | 35.72% |
| 8 | Northrop Grumman | 74.74 Bn | 62.20 Bn | 2.35 Bn | 24.72% |
| 9 | Honeywell International | 69.91 Bn | 29.43 Bn | 2.02 Bn | 33.89% |
| 10 | TransDigm | 68.72 Bn | 56.73 Bn | 1.63 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 24.72% |
| Jun 30, 2026 | 25.69% |
| Mar 31, 2026 | 27.09% |
| Dec 31, 2025 | 25.61% |
| Sep 30, 2025 | 25.55% |
| Jun 30, 2025 | 25.91% |
| Mar 31, 2025 | 24.52% |
| Dec 31, 2024 | 27.79% |
| Sep 30, 2024 | 16.35% |
| Jun 30, 2024 | 16.03% |
| Mar 31, 2024 | 14.87% |
| Dec 31, 2023 | 13.38% |
| Sep 30, 2023 | 29.74% |
| Jun 30, 2023 | 30.36% |
| Mar 31, 2023 | 31.42% |
| Dec 31, 2022 | 33.47% |
| Sep 30, 2022 | 40.05% |
| Jun 30, 2022 | 42.13% |
| Mar 31, 2022 | 43.99% |
| Dec 31, 2021 | 57.55% |
API Access
Northrop Grumman Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=NOC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=NOC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();