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) Revenue growth

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Northrop Grumman Corporation's revenue growth over the twelve months to 30 June 2026 was 5.90%, up 3.7 percentage points from fiscal 2025 (2.24%). Over the past ten years it has ranged from −3.08% (fiscal 2021) to 15.7% (fiscal 2018); the current reading is higher than 27% of that period. That is below the Aerospace & Defense industry median of 18.4% and below the Industrials sector median of 7.85%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 2.24% (2.20)
FY2024 4.44% (2.90)
FY2023 7.34% 4.72
FY2022 2.62% 5.70
FY2021 −3.08% (11.82)
FY2020 8.74% (3.71)
FY2019 12.5% (3.28)
FY2018 15.7% 10.48
FY2017 5.25% 0.23
FY2016 5.02% 6.91

Quarterly newest first

Period Revenue growth Change (points)
Jun 2026 5.07% 0.71
Mar 2026 4.36% (5.24)
Dec 2025 9.60% 5.33
Sep 2025 4.27% 2.97
42 more quarters

Against its own ten years

Low −3.08% High 15.7%
Ten-year median 5.02%
Current reading's percentile 27

Revenue growth against peers

Company Revenue growth
HEI Heico Corporation compare 20.7%
HEI.A Heico Corporation compare 20.7%
HWM Howmet Aerospace Inc. compare 18.1%
TDG Transdigm Group Incorporated compare 16.7%
ESLT Elbit Systems Ltd. compare 13.7%
GD General Dynamics Corporation compare 9.13%
LHX L3Harris Technologies Inc compare 7.29%
LMT Lockheed Martin Corporation compare 7.20%
NOC Northrop Grumman Corporation 5.90%
Aerospace & Defense industry median 18.4%
Industrials sector median 7.85%
Market median 7.41%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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