Northrop Grumman Corporation NOC

510.52 1.54 0.30% as of 25 Sep
Market cap
$72.4B
P/E
16.2×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Northrop Grumman Corporation (NOC) Current ratio

Northrop Grumman Corporation's current ratio at the end of the quarter to 30 June 2026 was 1.2×, up 0.1× from fiscal 2025 (1.1×). Over the past ten years it has ranged from 1.0× (fiscal 2024) to 2.3× (fiscal 2017); the current reading is higher than 27% of that period. That is below the Aerospace & Defense industry median of 2.7× and below the Industrials sector median of 1.8×.

Current ratio, annual

Annual

Period Current ratio Change
FY2025 1.1× 9.00%
FY2024 1.0× (11.97%)
FY2023 1.1× 6.49%
FY2022 1.1× (17.34%)
FY2021 1.3× (18.59%)
FY2020 1.6× 41.42%
FY2019 1.1× (3.19%)
FY2018 1.2× (49.98%)
FY2017 2.3× 92.05%
FY2016 1.2× 4.92%

Quarterly

Period Current ratio Change
Jun 2026 1.2× 1.41%
Mar 2026 1.2× 4.61%
Dec 2025 1.1× (0.71%)
Sep 2025 1.1× 6.43%
42 more quarters

Against its own ten years

Low 1.0× High 2.3×
Ten-year median 1.2×
Current reading's percentile 27

Current ratio against peers

Company Current ratio
RKLB Rocket Lab Corporation compare 5.5×
TDG Transdigm Group Incorporated compare 3.0×
HEI Heico Corporation compare 2.7×
HEI.A Heico Corporation compare 2.7×
HWM Howmet Aerospace Inc. compare 1.8×
GD General Dynamics Corporation compare 1.4×
LMT Lockheed Martin Corporation compare 1.2×
LHX L3Harris Technologies Inc compare 1.2×
NOC Northrop Grumman Corporation 1.2×
Aerospace & Defense industry median 2.7×
Industrials sector median 1.8×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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