Northrop Grumman Corporation NOC
- Market cap
- $72.4B
- P/E
- 16.2×
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Northrop Grumman Corporation (NOC) Return on invested capital
Northrop Grumman Corporation's return on invested capital over the twelve months to 30 June 2026 was 9.58%, down 0.7 percentage points from fiscal 2025 (10.3%). Over the past ten years it has ranged from 6.22% (fiscal 2023) to 21.0% (fiscal 2016); the current reading is higher than 27% of that period. That is above the Aerospace & Defense industry median of 1.56% and above the Industrials sector median of 2.44%.
Return on invested capital, annual
Annual
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 10.3% | (0.38) |
| FY2024 | 10.7% | 4.44 |
| FY2023 | 6.22% | (2.95) |
| FY2022 | 9.17% | (6.76) |
| FY2021 | 15.9% | 3.18 |
| FY2020 | 12.8% | (0.07) |
| FY2019 | 12.8% | 1.29 |
| FY2018 | 11.5% | (7.99) |
| FY2017 | 19.5% | (1.43) |
| FY2016 | 21.0% | 0.90 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| LMT Lockheed Martin Corporation compare | 22.4% |
| HWM Howmet Aerospace Inc. compare | 16.9% |
| TDG Transdigm Group Incorporated compare | 14.3% |
| GD General Dynamics Corporation compare | 11.8% |
| HEI Heico Corporation compare | 10.6% |
| HEI.A Heico Corporation compare | 10.6% |
| NOC Northrop Grumman Corporation | 9.58% |
| LHX L3Harris Technologies Inc compare | 5.12% |
| RKLB Rocket Lab Corporation compare | −11.5% |
| Aerospace & Defense industry median | 1.56% |
| Industrials sector median | 2.44% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on NOC
- Revenue
- Net income
- 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
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement