Northrop Grumman Corporation NOC
510.52
1.54
0.30%
as of 25 Sep
- Market cap
- $72.4B
- P/E
- 16.2×
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Northrop Grumman Corporation (NOC) Debt to equity
Northrop Grumman Corporation's debt to equity at the end of the quarter to 30 June 2026 was 0.8×, down 0.1× from fiscal 2025 (0.9×). Over the past ten years it has ranged from 0.8× (fiscal 2022) to 2.0× (fiscal 2017); the current reading is higher than 18% of that period. That is above the Aerospace & Defense industry median of 0.2× and above the Industrials sector median of 0.3×.
Debt to equity, annual
Annual
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 0.9× | (5.37%) |
| FY2024 | 1.0× | 3.12% |
| FY2023 | 0.9× | 20.86% |
| FY2022 | 0.8× | (22.00%) |
| FY2021 | 1.0× | (26.67%) |
| FY2020 | 1.3× | (6.91%) |
| FY2019 | 1.4× | (14.61%) |
| FY2018 | 1.7× | (16.01%) |
| FY2017 | 2.0× | 50.43% |
| FY2016 | 1.3× | 16.05% |
Quarterly
| Period | Debt to equity | Change |
|---|---|---|
| Jun 2026 | 0.8× | (4.18%) |
| Mar 2026 | 0.8× | (7.40%) |
| Dec 2025 | 0.9× | (4.11%) |
| Sep 2025 | 0.9× | (3.22%) |
| 42 more quarters | Free account |
Against its own ten years
Low 0.8×
High 2.0×
Ten-year median
1.2×
Current reading's percentile
18
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| TDG Transdigm Group Incorporated compare | −3.3× |
| RKLB Rocket Lab Corporation compare | 0.0× |
| GD General Dynamics Corporation compare | 0.3× |
| HEI.A Heico Corporation compare | 0.5× |
| HEI Heico Corporation compare | 0.5× |
| LHX L3Harris Technologies Inc compare | 0.6× |
| HWM Howmet Aerospace Inc. compare | 0.7× |
| NOC Northrop Grumman Corporation | 0.8× |
| LMT Lockheed Martin Corporation compare | 2.3× |
| Aerospace & Defense industry median | 0.2× |
| Industrials sector median | 0.3× |
| Market median | 0.2× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on NOC
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement