Northrop Grumman (NOC) Shares Outstanding (Diluted) (2009 - 2026)
Northrop Grumman (NOC) reported Weighted Average Shares Outstanding (Diluted) of 142.4 million for Q3 2026, down 0.8% from 143.5 million a year earlier and unchanged from the prior quarter.
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Analysis
Northrop Grumman (NOC) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, Northrop Grumman posted Weighted Average Shares Outstanding (Diluted) of 143.8 million, down 2.4% from FY2024.
- Weighted Average Shares Outstanding (Diluted) has declined for 16 consecutive years, with a five-year compound annual growth rate of -3.0% (FY2020 to FY2025).
- By year, Weighted Average Shares Outstanding (Diluted) came in at 147.3 million in FY2024 (-3.1%), 152 million in FY2023 (-2.3%), 155.6 million in FY2022 (-3.3%) and 160.9 million in FY2021 (-4.0%).
- Five-year quarterly Weighted Average Shares Outstanding (Diluted) spans a low of 142.4 million in Q2 2026 and a high of 160.9 million in Q4 2021.
- Year over year, Weighted Average Shares Outstanding (Diluted) has now declined in each of the last 67 quarters, with an average decline of 2.1% over the last eight quarters.
- The year-over-year decline in Weighted Average Shares Outstanding (Diluted) has ranged between 0.8% (Q3 2026) and 4.2% (Q1 2022) over the last five years.
- Per Business Quant data, the three quarters before Q3 2026 came in at 142.4 million (Q2 2026), 142.5 million (Q1 2026) and 143.8 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Space Exploration Technologies | 1,888.97 Bn | 1,650.69 Bn | 9.10 Bn | 12.48 Bn |
| 2 | General Electric | 342.82 Bn | 301.57 Bn | 5.02 Bn | 1.04 Bn |
| 3 | Rtx | 267.90 Bn | 237.89 Bn | 5.81 Bn | 1.37 Bn |
| 4 | Lockheed Martin | 137.70 Bn | 121.94 Bn | 2.44 Bn | 231.50 Mn |
| 5 | Boeing | 135.95 Bn | 44.93 Bn | 2.17 Bn | 792.90 Mn |
| 6 | General Dynamics | 98.18 Bn | 83.41 Bn | 2.25 Bn | 273.78 Mn |
| 7 | Motorola Solutions | 87.93 Bn | 84.41 Bn | 1.77 Bn | 167.40 Mn |
| 8 | Howmet Aerospace | 87.90 Bn | 83.65 Bn | 1.00 Bn | 400.00 Mn |
| 9 | Northrop Grumman | 78.19 Bn | 65.65 Bn | 2.35 Bn | 142.40 Mn |
| 10 | Honeywell International | 70.61 Bn | 30.36 Bn | 2.02 Bn | 319.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 142.40 Mn |
| Jun 30, 2026 | 142.40 Mn |
| Mar 31, 2026 | 142.50 Mn |
| Dec 31, 2025 | 143.80 Mn |
| Sep 30, 2025 | 143.50 Mn |
| Jun 30, 2025 | 144.00 Mn |
| Mar 31, 2025 | 144.90 Mn |
| Dec 31, 2024 | 147.30 Mn |
| Sep 30, 2024 | 146.50 Mn |
| Jun 30, 2024 | 147.70 Mn |
| Mar 31, 2024 | 149.30 Mn |
| Dec 31, 2023 | 152.00 Mn |
| Sep 30, 2023 | 151.70 Mn |
| Jun 30, 2023 | 152.20 Mn |
| Mar 31, 2023 | 153.20 Mn |
| Dec 31, 2022 | 155.60 Mn |
| Sep 30, 2022 | 155.30 Mn |
| Jun 30, 2022 | 156.00 Mn |
| Mar 31, 2022 | 156.60 Mn |
| Dec 31, 2021 | 160.90 Mn |
API Access
Northrop Grumman Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=NOC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=NOC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();