stockrowNorthrop 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.
- Revenue
- +6.71%
- EPS
- +2.86%
- Free cash flow
- +44.1%
- Total debt
- −4.81%
Quarter to September 2026, against a year earlier
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Northrop Grumman Corporation (NOC) Gross margin
Northrop Grumman Corporation's gross margin over the twelve months to 30 September 2026 was 20.0%, 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 26.4% and below the Industrials sector median of 30.6%.
Gross margin, annual
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Annual newest first
| 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 newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 21.2% | 1.65 |
| Jun 2026 | 19.5% | (0.34) |
| Mar 2026 | 19.8% | 0.24 |
| Dec 2025 | 19.6% | (1.77) |
| 43 more quarters | Free account |
Against its own ten years
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% |
| HWM Howmet Aerospace Inc. compare | 36.6% |
| HONA Honeywell Aerospace inc. compare | 36.2% |
| LHX L3Harris Technologies Inc compare | 25.6% |
| NOC Northrop Grumman Corporation | 20.0% |
| GD General Dynamics Corporation compare | 15.4% |
| LMT Lockheed Martin Corporation compare | 11.7% |
| Aerospace & Defense industry median | 26.4% |
| Industrials sector median | 30.6% |
| Market median | 45.1% |
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
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- 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
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement