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.
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Northrop Grumman Corporation (NOC) Revenue growth
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 | Free account |
Against its own ten years
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|
More on NOC
- Revenue
- Net income
- EPS (diluted)
- 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
- 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
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement