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) Gross margin

Northrop Grumman Corporation's gross margin over the twelve months to 30 June 2026 was 20.1%, up 0.2 percentage points from fiscal 2025 (19.8%). Over the past ten years it has ranged from 16.7% (fiscal 2023) to 24.0% (fiscal 2015); the current reading is higher than 18% of that period. That is below the Aerospace & Defense industry median of 25.5% and below the Industrials sector median of 30.5%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 19.8% (0.57)
FY2024 20.4% 3.71
FY2023 16.7% (3.75)
FY2022 20.4% 0.04
FY2021 20.4% 0.06
FY2020 20.3% (1.13)
FY2019 21.5% (1.12)
FY2018 22.6% (0.23)
FY2017 22.8% (1.12)
FY2016 23.9% (0.06)

Quarterly

Period Gross margin Change (points)
Jun 2026 19.5% (0.34)
Mar 2026 19.8% 0.24
Dec 2025 19.6% (1.77)
Sep 2025 21.4% 0.02
42 more quarters

Against its own ten years

Low 16.7% High 24.0%
Ten-year median 20.4%
Current reading's percentile 18

Gross margin against peers

Company Gross margin
TDG Transdigm Group Incorporated compare 59.6%
HEI Heico Corporation compare 40.4%
HEI.A Heico Corporation compare 40.4%
RKLB Rocket Lab Corporation compare 37.3%
HWM Howmet Aerospace Inc. compare 36.0%
LHX L3Harris Technologies Inc compare 25.5%
NOC Northrop Grumman Corporation 20.1%
GD General Dynamics Corporation compare 15.4%
LMT Lockheed Martin Corporation compare 11.8%
Aerospace & Defense industry median 25.5%
Industrials sector median 30.5%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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