Northrop Grumman Corporation

NOC Industrials Aerospace & Defense

Northrop Grumman Corporation’s revenue for fiscal 2025 (year ended December 2025) was $42.0 billion, up 2.24% from fiscal 2024. In the quarter to June 2026, revenue grew 5.07%, EPS fell 5.75%, free cash flow grew 53.5% and total debt fell 4.83%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years, revenue growth for three, operating cash flow growth for three.

519.86 20.23 +4.05%
Market cap
$71.0B
P/E
16.5×
Fwd P/E
19.5×
Dividend yield
1.84%
F-score
6/9
Altman Z
3.01
Beneish M
−2.42
Dividend safety
82/100

Northrop Grumman Corporation (NOC) Current ratio

Alert me on 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

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Annual newest first

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 newest first

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
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×
ESLT Elbit Systems Ltd. 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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