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) Operating margin

Northrop Grumman Corporation's operating margin over the twelve months to 30 June 2026 was 10.7%, down 0.0 percentage points from fiscal 2025 (10.8%). Over the past ten years it has ranged from 6.46% (fiscal 2023) to 15.8% (fiscal 2021); the current reading is higher than 36% of that period. That is above the Aerospace & Defense industry median of 4.54% and above the Industrials sector median of 5.15%.

Operating margin, annual

Annual

Period Operating margin Change (points)
FY2025 10.8% 0.10
FY2024 10.7% 4.19
FY2023 6.46% (3.38)
FY2022 9.84% (6.00)
FY2021 15.8% 4.79
FY2020 11.1% (0.68)
FY2019 11.7% (0.83)
FY2018 12.6% 0.18
FY2017 12.4% (0.88)
FY2016 13.3% 0.19

Quarterly

Period Operating margin Change (points)
Jun 2026 10.1% 0.07
Mar 2026 10.0% (0.84)
Dec 2025 10.9% (1.07)
Sep 2025 11.9% (1.85)
42 more quarters

Against its own ten years

Low 6.46% High 15.8%
Ten-year median 11.7%
Current reading's percentile 36

Operating margin against peers

Company Operating margin
TDG Transdigm Group Incorporated compare 46.0%
HWM Howmet Aerospace Inc. compare 27.4%
HEI Heico Corporation compare 24.0%
HEI.A Heico Corporation compare 24.0%
LMT Lockheed Martin Corporation compare 11.9%
NOC Northrop Grumman Corporation 10.7%
LHX L3Harris Technologies Inc compare 10.5%
GD General Dynamics Corporation compare 10.3%
RKLB Rocket Lab Corporation compare −29.1%
Aerospace & Defense industry median 4.54%
Industrials sector median 5.15%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

More on NOC