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.

Revenue
+6.71%
EPS
+2.86%
Free cash flow
+44.1%
Total debt
−4.81%

Quarter to September 2026, against a year earlier

524.83 0.52 −0.10%
Market cap
$74.6B
P/E
16.5×
Fwd P/E
18.7×
Dividend yield
1.82%
F-score
6/9
Altman Z
3.01
Beneish M
−2.42
Dividend safety
82/100

Northrop Grumman Corporation (NOC) Return on equity

Alert me on Return on equity

Northrop Grumman Corporation's return on equity over the twelve months to 30 September 2026 was 26.1%, down 0.1 percentage points from fiscal 2025 (26.2%). Over the past ten years it has ranged from 13.7% (fiscal 2023) to 59.6% (fiscal 2021); the current reading is higher than 18% of that period. That is above the Aerospace & Defense industry median of 4.44% and above the Industrials sector median of 3.71%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 26.2% (1.58)
FY2024 27.8% 14.09
FY2023 13.7% (21.02)
FY2022 34.7% (24.92)
FY2021 59.6% 26.72
FY2020 32.9% 6.44
FY2019 26.4% (15.72)
FY2018 42.2% (4.15)
FY2017 46.3% 8.41
FY2016 37.9% 6.70

Against its own ten years

Low 13.7% High 59.6%
Ten-year median 32.9%
Current reading's percentile 18

Return on equity against peers

Company Return on equity
LMT Lockheed Martin Corporation compare 80.2%
HWM Howmet Aerospace Inc. compare 37.8%
NOC Northrop Grumman Corporation 26.1%
HEI Heico Corporation compare 18.4%
HEI.A Heico Corporation compare 18.4%
GD General Dynamics Corporation compare 18.0%
LHX L3Harris Technologies Inc compare 10.1%
HONA Honeywell Aerospace inc. compare 0.00%
TDG Transdigm Group Incorporated compare −25.8%
Aerospace & Defense industry median 4.44%
Industrials sector median 3.71%
Market median 0.51%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

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