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Northrop Grumman Corporation (NOC) Stock: Price, Forecast & Analyst Target

Northrop Grumman Corporation (NOC) — MoonshotScore 65/100 (Strong band), calculated Oct 4, 2026. Price $478.00 (-0.83%), as of the Oct 2, 2026 trading session; market cap $67.9B. Expected results Oct 20, 2026.

Educational signal · not a buy or sell recommendation · How to read this

Market value / cash and short-term investments: 29.43× (market value Oct 2, 2026; cash Jun 30, 2026) · expected results Oct 20, 2026

$478.00 −$4.00 (-0.83%) Market Cap $67.9B

Northrop Grumman Corporation · NOC · NYSE · Industrials · Aerospace & Defense

Research dated 2026-09-12: Northrop Grumman builds and sustains aircraft, mission electronics, weapons, propulsion systems, satellites and missile defenses for long-cycle defense and space programs. Revenue follows those programs from development through production, modernization and support. The defining question is whether the strategic bomber production ramp can add durable sales and profit while heavy infrastructure spending constrains cash conversion.

Price as of Oct 2, 2026

Key Statistics

65 of 100

MoonshotScore v2 · Northrop Grumman (NOC)

Strong
Business Quality Solid (67)
Financial Safety Sound (72)
Valuation Fair (65)
Growth Durability Flat (55)
Momentum Slipping (32)
Why this rating? Method, drivers & history

Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.

  • Business Quality — Is this a genuinely good business?
  • Financial Safety — Could this blow up on me?
  • Valuation — Am I paying a fair price?
  • Growth Durability — Is the growth real and likely to last?
  • Momentum — Is the market already moving on this?
The ten-second read ·

A strong balance sheet, though quality and growth are only decent. Business Quality: Solid; Financial Safety: Sound; Valuation: Fair; Growth Durability: Flat; Momentum: Slipping.

  • quarterly revenue $10.88B (Q2 FY2026, quarter ended Jun 2026)
  • EPS beat 6 of 8
  • expected results Oct 20, 2026

Holding back: weak price trend

Helping: balance-sheet strength

What has the MoonshotScore done over time?

MoonshotScore snapshots recorded for NOC (29 recorded, newest six shown)
RecordedScoreBand
66Strong
66Strong
66Strong
66Strong
66Strong
66Strong

The score was 65 in the stored Oct 3, 2026 snapshot and remains 65 in the current publication computed Oct 4, 2026 (0); the largest pillar moves were Growth Durability +1 and Momentum -1; the pillar moves offset under the sector-relative weighting, so the headline score is unchanged.

Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.

Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →

Price & valuation

Dates shown where recorded
MeasureValueAs of
Latest provided price$478.00
Change on the day-0.83%
52-week range$470.06–$774.00
Market capitalisation$67.9B
Price / earnings (trailing)15.16
Shares traded on the day2.68M
Beta (volatility vs the S&P 500)-0.11
Dividends per share (last 12 months)$9.56
Dividend yield (last 12 months)2.00%

Price & events

Weekly closing price with reported quarters marked Weekly closing price from Sep 5, 2025 to Oct 2, 2026: low $478, high $756, latest $478. 4 reported quarters marked, 4 above and 0 below the recorded estimate. 1 other dated event marked. $756 $478 high $756 Oct 21, 2025 · Earnings results · reported above the recorded estimate · close $6061Jan 27, 2026 · Earnings results · reported above the recorded estimate · close $6922Apr 21, 2026 · Earnings results · reported above the recorded estimate · close $5753Jul 21, 2026 · Earnings call · management outlook · no recorded estimate to compare · close $5424Jul 21, 2026 · Earnings results · reported above the recorded estimate · close $5425 Sep 5, 2025 Oct 2, 2026 · $478 $581Sep 5, 2025$573Sep 19, 2025$610Oct 3, 2025$595Oct 17, 2025$583Oct 31, 2025$558Nov 14, 2025$572Nov 28, 2025$570Dec 12, 2025$577Dec 26, 2025$619Jan 9, 2026$673Jan 23, 2026$709Feb 6, 2026$724Feb 20, 2026$756Mar 6, 2026$707Mar 20, 2026$703Apr 2, 2026$665Apr 17, 2026$568May 1, 2026$541May 15, 2026$564May 29, 2026$550Jun 12, 2026$500Jun 26, 2026$540Jul 10, 2026$542Jul 24, 2026$572Aug 7, 2026$551Aug 21, 2026$515Sep 4, 2026$527Sep 18, 2026$478Oct 2, 2026

Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.

Events behind the price

  • · Earnings results · above the recorded estimate
  • · Earnings results · above the recorded estimate
  • · Earnings results · above the recorded estimate
  • · Earnings call · management outlook
  • · Earnings results · above the recorded estimate

Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.

Upcoming events

As of

  1. Next results dueProvider estimate

Management outlook

  • We continue to expect $1.85 billion of CapEx in 2026.

    John Greene · Statement from

  • As we previously shared, we expect CapEx investments of around 4.5% of sales in 2027 and 2028 as we invest in infrastructure to support the B-21 production ramp.

    John Greene · Statement from

Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.

Read management statements

Other perspectives

Council score for Northrop Grumman (NOC): perspectives

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

5-Factor Breakdown

Growth Durability Neutral
Momentum Neutral
Business Quality Moderate
Financial Safety Moderate
Valuation Moderate

Legends Council

4 lenses, 0 current

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Griffin-style lens (simulated) Ken Griffin Favorable read
Englander-style lens (simulated) Izzy Englander Neutral read
Klarman-style lens (simulated) Seth Klarman Neutral read
Moon AI lens (model) Neutral read

Read on: Sep 29, 2026 · older than the 27 hours refresh window; not a current reading

Munger's Mindset

Balance Sheet & Valuation · historical

Financial Health Neutral
Margin of Safety Undervalued
Profit Margin Neutral
Revenue Growth Weak
Debt/Equity Weak
ROE Strong
Gross Margin Weak

Read on: Sep 10, 2026 · older than the 27 hours refresh window; not a current reading

How to read these bars and different assessments

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.

On Sep 10, 2026, the Munger lens read the price at that time as undervalued against its own estimate of value.

Readings on this page are from Oct 5, 2026, except a card that shows its own read date.

Watch the NOC film — every key number, told as a short cinematic story

~2 min · open the film

1 · What is it?

What is Northrop Grumman (NOC), and what does it report?

Short answer · as of

Northrop Grumman should not be read as an aircraft-only aerospace contractor.

Research dated 2026-09-12.

Northrop Grumman should not be read as an aircraft-only aerospace contractor. Aeronautics integrates crewed and uncrewed platforms, Mission Systems supplies sensors, electronic warfare and networks, Defense Systems delivers weapons and propulsion, and Space Systems provides satellites, launch systems and missile defense.

Reported revenue therefore measures progress across development, production, integration and sustainment work rather than unit shipments from a uniform product line. Aeronautics and Mission Systems are the largest reported businesses, with substantial contributions from Space Systems and Defense Systems; consolidated results combine their different delivery and investment rhythms.

Sources (as of 2026-09-12): Sector / industry (provider taxonomy); Business description; Revenue by segment; Annual revenue and net result (USD millions)

2 · Latest results

What do the latest results show for Northrop Grumman (NOC)?

Short answer · as of

The most recent reported quarter, Q2 FY2026, carried revenue of $10.88B.

Research dated 2026-09-12.

The latest reported period produced sequential gains in revenue, operating profit, net income and diluted earnings. Revenue also rose against the corresponding prior period, but operating and net profit declined, showing that higher sales did not carry through at the same profitability. Recent reports cleared consensus on revenue and diluted earnings, while annual revenue continued rising and annual net income was nearly unchanged after its earlier recovery.

Management raised financial guidance after the latest results and maintained plans for elevated capital spending. The stated purpose of the extended investment cycle is infrastructure for the strategic bomber production ramp, while an anticipated solid rocket motor production award offers another identifiable program catalyst. Those statements describe management’s expectations; the income and cash-flow series will determine whether execution follows.

Sources (as of 2026-09-12): Quarterly income statement (USD thousands); Annual revenue and net result (USD millions); Operating cash flow by quarter (USD millions); Reported versus estimated, last 8 quarters; Management outlook — dated call excerpts; Most recent periodic reports

Where is operating spending going?

Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.

Latest quarter · revenue
$10.88B Jun 30, 2026
Latest quarter · SG&A
$1.02B Jun 30, 2026
Latest quarter · FMP standardized operating result
$1.10B Jun 30, 2026
Where is operating spending going? — FMP standardized evidence
Period endRevenueR&DSG&AFMP standardized operating result
Jun 30, 2026$10.88BNot available$1.02B$1.10B
Mar 31, 2026$9.88BNot available$805.00M$989.00M
Dec 31, 2025$11.71BNot available$1.02B$1.04B
Sep 30, 2025$10.42BNot available$849.00M$1.24B

USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.

Did results meet expectations?

Reported earnings and revenue alongside the estimates recorded by the provider.

Latest report · revenue
$10.88B Jul 21, 2026
Latest report · revenue estimate
$10.80B Jul 21, 2026
Latest report · revenue vs estimate
Above estimate Jul 21, 2026
Latest report · EPS vs estimate
Above estimate Jul 21, 2026
Did results meet expectations? — reported evidence
Report dateRevenue · reportedRevenue · estimateEPS · reportedEPS · estimate
Jul 21, 2026$10.88B$10.80B$7.6800$6.8200
Apr 21, 2026$9.88B$9.75B$6.1400$6.0600
Jan 27, 2026$11.71B$11.62B$7.2300$6.9800
Oct 21, 2025$10.42B$10.72B$7.6700$6.4400

Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.

Quarterly income statement — 4 quarters
Revenue, net income and earnings per share by quarter
PeriodRevenueNet incomeEPS
Q2 FY2026$10.88B$1.09B$7.68 (diluted)
Q1 FY2026$9.88B$875M$6.14 (diluted)
Q4 FY2025$11.71B$1.43B$9.99 (diluted)
Q3 FY2025$10.42B$1.10B$7.67 (diluted)
3 · Financial strengths and risks

What are the financial strengths and risks for Northrop Grumman (NOC)?

Short answer

Cash and short-term investments were $2.31B at the Jun 30, 2026 balance-sheet date. Operating cash flow was $1.28B for the quarter ended Jun 30, 2026, meaning operations generated cash. These figures do not establish a cash runway.

Research dated 2026-09-12.

Northrop is profitable, generates substantial cash over complete reporting cycles and screens favorably on financial quality and distress measures. Liquidity ratios indicate coverage of current obligations, but debt materially exceeds cash and short-term investments, leaving the company in a net-debt position. Reported liquidity does not include a separate pool of classified long-term investments.

Cash generation is uneven: operating cash flow has swung from sizable outflows to sizable inflows, and the cash balance remains below its opening level across the reported window despite a recent recovery. Planned infrastructure spending raises the consequence of weak program execution. If sales rise without protecting operating profit while capital expenditure stays elevated, debt reduction and shareholder distributions must compete with production investment for cash.

Sources (as of 2026-09-12): Operating cash flow by quarter (USD millions); Cash, investments and debt; Cash and investment components; Cash and short-term investments over time (USD millions); Cash decline over the reported window; Cash against market value; Trailing twelve-month ratio set; Distress and quality screens; Quarterly income statement (USD thousands); Management outlook — dated call excerpts

How much cash does the business generate or use?

Quarterly operating cash flow shows cash generated or used by operations.

Latest quarter · operating cash flow
$1.28B Jun 30, 2026
Previous quarter · operating cash flow
−$1.66B Mar 31, 2026
How much cash does the business generate or use? — reported evidence
Period endOperating cash flowCapital expenditure (reported)
Jun 30, 2026$1.28B−$302.00M
Mar 31, 2026−$1.66B−$167.00M
Dec 31, 2025$3.90B−$662.00M
Sep 30, 2025$1.56B−$301.00M

Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.

USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.

4 · What to check next?

What should you watch next at Northrop Grumman (NOC)?

Short answer · as of

The next earnings report is expected on Oct 20, 2026.

Research dated 2026-09-12.

Watch whether revenue growth begins carrying through to operating profit, particularly as strategic bomber infrastructure moves toward production support. Operating cash flow should also be judged across complete cycles: a durable improvement requires strong inflows to absorb capital expenditure without another pronounced erosion of cash.

The scheduled earnings release provides the next check against expectations for higher revenue and earnings. Management’s raised guidance and expected solid rocket motor award create specific milestones, while analyst forecasts assume continued expansion across the visible horizon. Confirmation would come from sustained estimate delivery, firmer profit conversion and cash generation that remains positive after investment spending.

Sources (as of 2026-09-12): Next earnings report; Analyst revenue and earnings estimates (average); Reported versus estimated, last 8 quarters; Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions); Cash and short-term investments over time (USD millions); Management outlook — dated call excerpts

What management is planning

Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.

  1. We continue to expect $1.85 billion of CapEx in 2026.

    John Greene ·

  2. As we previously shared, we expect CapEx investments of around 4.5% of sales in 2027 and 2028 as we invest in infrastructure to support the B-21 production ramp.

    John Greene ·

  3. Based on our strong Q2 results and accelerating momentum, we are increasing our financial guidance for 2026.

    Kathy Warden ·

  4. We expect the PAC-3 SRM production award later this year.

    Kathy Warden ·

5 · Peer comparison

How does Northrop Grumman compare with its peers?

Short answer

Northrop Grumman's score ranks 5th of 6 in the bounded comparison shown, against 5 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.

Research dated 2026-09-12.

Northrop spans prime aircraft integration, mission electronics, weapons, propulsion and space hardware within the same company. That mix differs from contractors concentrated mainly in airframes, components or support services: Northrop can participate in a defense program through platforms, sensors, communications, strike systems and sustainment.

Sales are distributed across Aeronautics, Mission Systems, Space Systems and Defense Systems rather than being dominated by a narrow product category. The breadth creates several routes for program growth, but the strategic bomber ramp is capital intensive enough that execution there can still shape consolidated margins and cash flow.

Sources (as of 2026-09-12): Business description; Revenue by segment; Annual revenue and net result (USD millions); Trailing twelve-month ratio set; Management outlook — dated call excerpts

Peer set — price, market value and MoonshotScore
CompanyPriceMarket valueScore
Howmet Aerospace Inc. (HWM) Named competitor$231.27 Oct 2, 2026$92.5B79 5-pillar Oct 4, 2026
General Dynamics Corporation (GD) Named competitor$330.09 Oct 2, 2026$89.3B75 5-pillar Oct 4, 2026
Lockheed Martin Corporation (LMT) Named competitor$505.41 Oct 2, 2026$117B73 5-pillar Oct 4, 2026
Emerson Electric Co. (EMR) Named competitor$161.61 Oct 2, 2026$90.5B70 5-pillar Oct 4, 2026
Northrop Grumman (NOC) — this page$478.00$67.9B65
United Parcel Service, Inc. (UPS) Named competitor$93.02 Oct 2, 2026$79.0B58 5-pillar Oct 4, 2026
TransDigm Group Incorporated (TDG) Same industry, near in market value$1090.38 Date unavailable$61.0B— Model unavailable
L3Harris Technologies, Inc. (LHX) Same industry, near in market value$236.60 Date unavailable$44.1B— Model unavailable
Rocket Lab Corporation (RKLB) Same industry, near in market value$73.92 Date unavailable$42.8B— Model unavailable
HEICO Corporation (HEI) Same industry, near in market value$302.45 Date unavailable$42.1B— Model unavailable
Axon Enterprise, Inc. (AXON) Same industry, near in market value$413.35 Date unavailable$33.3B— Model unavailable
Elbit Systems Ltd. (ESLT) Same industry, near in market value$696.23 Date unavailable$32.6B— Model unavailable
The Boeing Company (BA) Same industry, near in market value$193.56 Date unavailable$153B— Model unavailable

Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.

Screen more Industrials stocks

The records behind this page

Analyst targets & estimates

What analysts have on file

Price target, low to high
$500.00 – $745.00
Consensus target
$609.91
Median target
$615.00

Consensus record · Captured .

Measured against a quoted price of $478.00 (as of Oct 2, 2026).

Insider activity

Form 4 records via FMP · Of the newest 60 records, those within the last 180 days, newest dated Sep 30, 2026

Transactions
36
Identified insiders
11
Purchases
0
Sales
21
Other transactions
15

Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.

Who holds the shares?

Institutional ownership reported through 13F filings.

Institutional ownership
85.1% Period end Jun 30, 2026
Previous quarter · ownership
82.4% Prior to period end Jun 30, 2026
Reporting holders
1,874 Period end Jun 30, 2026
Previous quarter · holders
1,951 Prior to period end Jun 30, 2026
Who holds the shares? — reported evidence
Holders in provider snapshotShares
State Street Corp13,169,195
Blackrock, INC.11,783,817
Vanguard Capital Management LLC8,997,139
Capital International Investors5,852,674
Capital World Investors5,062,384

Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.

Common Questions About NOC (Industrials)

Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last 3 questions are answered from this page's own dated data, not from the research.

How does Northrop Grumman’s strategic bomber ramp affect cash generation?

Management expects infrastructure investment to remain elevated as it supports the production ramp. The economic payoff should appear as expanding sales and profit that ultimately outweigh the capital absorbed by that buildout.

Sources (as of 2026-09-12): Management outlook — dated call excerpts; Operating cash flow by quarter (USD millions); Cash and short-term investments over time (USD millions); Revenue by segment

What does Northrop Grumman Space Systems sell besides satellites?

Space Systems also supplies payloads, ground-control equipment, missile-defense interceptors, launch vehicles, propulsion components and strategic missile technologies. It is a broad program business rather than a satellite manufacturing line alone.

Sources (as of 2026-09-12): Business description; Revenue by segment

Why is Mission Systems important to Northrop Grumman’s business mix?

Mission Systems is a major revenue contributor built around sensors, electronic warfare, communications, navigation, targeting and maritime systems. Its electronics and information capabilities complement the company’s aircraft, weapons and space platforms.

Sources (as of 2026-09-12): Business description; Revenue by segment

What would confirm momentum in Northrop Grumman’s solid rocket motor business?

An announced production award would convert management’s stated expectation into a concrete program milestone. Subsequent Defense Systems sales, consolidated profitability and cash conversion would show whether the award is financially meaningful.

Sources (as of 2026-09-12): Management outlook — dated call excerpts; Business description; Revenue by segment; Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions)

What is the NOC stock price today?

The last price recorded on this page for Northrop Grumman Corporation (NOC) is $478.00, as of the Oct 2, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.

What is the NOC price target?

The analyst consensus price target for Northrop Grumman Corporation (NOC) is $609.91 (range $500.00 to $745.00, median $615.00), per FMP data captured Oct 5, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.

When are NOC's next earnings?

The next earnings date listed on this page for Northrop Grumman Corporation (NOC) is Oct 20, 2026. Companies sometimes move report dates, so the company's own announcement is the final word on timing.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.

Sources (as of 2026-09-12): Business description; Revenue by segment; Management outlook — dated call excerpts; Operating cash flow by quarter (USD millions)

Sources — records for every figure on this page (80 figures)

The 80 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.

"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.

OFFICIAL — 2 facts from SEC filings and earnings calls

OFFICIAL facts used on this page
Fact IDFactValue as shownAs ofTierSource
prod.outlookManagement outlook — call excerptsJohn Greene (Jul 21, 2026): We continue to expect $1.85 billion of CapEx in 2026. John Greene (Jul 21, 2026): As we previously shared, we expect CapEx investments of around 4.5% of sales in 2027 and 2028 as we invest in infrastructure to support the B-21 production ramp. Kathy Warden (Jul 21, 2026): Based on our strong Q2 results and accelerating momentum, we are increasing our financial guidance for 2026. Kathy Warden (Jul 21, 2026): We expect the PAC-3 SRM production award later this year.OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.
id.hqSEC filing business address2980 Fairview Park Drive, C/O Northrop Grumman Corp, Falls Church, VA, 22042OFFICIALSEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "2980 Fairview Park Drive, Falls Church, VA, 22042, US".

FMP — 69 facts from Financial Modeling Prep endpoint families

FMP facts used on this page
Fact IDFactValue as shownAs ofTierSource
px.lastLatest provided price$478.00FMPFinancial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-04T21:14:25.157Z.
px.changeChange on the day-0.83%FMPFinancial Modeling Prep (FMP) · quote
px.mcapMarket capitalisation$67.9BFMPFinancial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-02. FMP quote timestamp: 2026-10-02T20:00:02.000Z. Captured from FMP at 2026-10-04T21:14:23.319Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares.
px.change_absChange on the day, in dollars−$4.00FMPFinancial Modeling Prep (FMP) · quote
fin.q_revenueRevenue, Q2 FY2026$10.88BFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
px.range5252-week range$470.06–$774.00FMPFinancial Modeling Prep (FMP) quote
px.pePrice / earnings (trailing)15.16FMPFinancial Modeling Prep (FMP) · quote
px.volumeShares traded on the day2.68MFMPFinancial Modeling Prep (FMP) · quote
px.betaBeta-0.11FMPFinancial Modeling Prep (FMP) company profile
id.ceoChief executiveKathy J. WardenFMPFinancial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it.
id.employeesEmployees95,000FMPFinancial Modeling Prep (FMP) employee count, from the company's filing
fin.annualRevenue and net result by fiscal year5 fiscal years, FY2021 through FY2025: FY2021 revenue $35.67B, net result $7.00B; FY2022 revenue $36.60B, net result $4.90B; FY2023 revenue $39.29B, net result $2.06B; FY2024 revenue $41.03B, net result $4.17B; FY2025 revenue $41.95B, net result $4.18BFMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
fin.rev_mixReported revenue segmentsSpace Systems $10.77B · Defense Systems $8.00B · Mission Systems $12.51B · Aeronautics Systems $12.99BFMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
fin.gross_marginGross margin (trailing twelve months)20.1%FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.q_table.depth.2026-06-30.revenue_kRevenue — period end 2026-06-30$10.88BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.sga_kSG&A — period end 2026-06-30$1.02BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.operating_result_kFMP standardized operating result — period end 2026-06-30$1.10BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.revenue_kRevenue — period end 2026-03-31$9.88BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.sga_kSG&A — period end 2026-03-31$805.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.operating_result_kFMP standardized operating result — period end 2026-03-31$989.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.revenue_kRevenue — period end 2025-12-31$11.71BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.sga_kSG&A — period end 2025-12-31$1.02BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.operating_result_kFMP standardized operating result — period end 2025-12-31$1.04BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.revenue_kRevenue — period end 2025-09-30$10.42BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.sga_kSG&A — period end 2025-09-30$849.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.operating_result_kFMP standardized operating result — period end 2025-09-30$1.24BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
earn.history.depth.2026-07-21.revenue_actualRevenue · reported — report date 2026-07-21$10.88BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-21.revenue_estimatedRevenue · estimate — report date 2026-07-21$10.80BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-21.eps_actualEPS · reported — report date 2026-07-21$7.6800Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-21.eps_estimatedEPS · estimate — report date 2026-07-21$6.8200Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-21.revenue_actualRevenue · reported — report date 2026-04-21$9.88BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-21.revenue_estimatedRevenue · estimate — report date 2026-04-21$9.75BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-21.eps_actualEPS · reported — report date 2026-04-21$6.1400Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-21.eps_estimatedEPS · estimate — report date 2026-04-21$6.0600Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-01-27.revenue_actualRevenue · reported — report date 2026-01-27$11.71BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-01-27.revenue_estimatedRevenue · estimate — report date 2026-01-27$11.62BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-01-27.eps_actualEPS · reported — report date 2026-01-27$7.2300Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-01-27.eps_estimatedEPS · estimate — report date 2026-01-27$6.9800Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-21.revenue_actualRevenue · reported — report date 2025-10-21$10.42BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-21.revenue_estimatedRevenue · estimate — report date 2025-10-21$10.72BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-21.eps_actualEPS · reported — report date 2025-10-21$7.6700Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-21.eps_estimatedEPS · estimate — report date 2025-10-21$6.4400Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
fin.q_tableQuarterly income statement4 quarters through Q2 FY2026FMPFinancial Modeling Prep (FMP) · income statement (quarterly), as filed
fin.cash_investmentsCash and short-term investments$2.31BFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review.
fin.opcf_latestLatest-quarter operating cash flow$1.28BFMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-06-30. Negative operating cash flow means cash used. This figure is not a cash-runway estimate.
fin.long_term_investmentsLong-term investments (classification unverified)$0.00FMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.total_debtTotal debt$16.29BFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.price_to_bookPrice to book value3.80×FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.opcf.depth.2026-06-30.operating_cash_flow_mOperating cash flow — period end 2026-06-30$1.28BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-31.operating_cash_flow_mOperating cash flow — period end 2026-03-31−$1.66BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-06-30.capex_mCapital expenditure (reported) — period end 2026-06-30−$302.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-31.capex_mCapital expenditure (reported) — period end 2026-03-31−$167.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.operating_cash_flow_mOperating cash flow — period end 2025-12-31$3.90BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.capex_mCapital expenditure (reported) — period end 2025-12-31−$662.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-09-30.operating_cash_flow_mOperating cash flow — period end 2025-09-30$1.56BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-09-30.capex_mCapital expenditure (reported) — period end 2025-09-30−$301.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
earn.pt_rangeAnalyst price target, low to high$500.00 – $745.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_consensusConsensus analyst price target$609.91FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_medianMedian analyst price target$615.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
own.insidersInsider transactions via FMP36 transactions · 0 purchases, 21 sales, 15 other transactions · 11 identified insiders · of the newest 60 records, those within the last 180 days, newest dated Sep 30, 2026FMPFinancial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
own.institutions.depth.ownership_pctInstitutional ownership85.1%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.ownership_pct_previous_quarterPrevious quarter · ownership82.4%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.institutions.depth.holdersReporting holders1,874FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.holders_previous_quarterPrevious quarter · holders1,951FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.top_holders.depth.holder_0.sharesState Street Corp — shares in provider snapshot13,169,195FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_1.sharesBlackrock, INC. — shares in provider snapshot11,783,817FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_2.sharesVanguard Capital Management LLC — shares in provider snapshot8,997,139FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_3.sharesCapital International Investors — shares in provider snapshot5,852,674FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_4.sharesCapital World Investors — shares in provider snapshot5,062,384FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.

UNRECORDED — 2 facts from stored observations whose source was not recorded

UNRECORDED facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.nextNext earnings dateOct 20, 2026UNRECORDEDStored earnings-calendar observation — Captured 2026-07-29
earn.historyReported versus estimated, recent quartersEPS beat 6 of 8UNRECORDEDStored earnings-history observation — Captured 2026-10-01 · Expired observation

COMPUTED — 5 facts from our arithmetic, formula restated

COMPUTED facts used on this page
Fact IDFactValue as shownAs ofTierSource
fin.mcap_to_cashMarket value per dollar of cash and short-term investments29.43×—COMPUTEDComputed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $2.31B at Jun 30, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-02. Balance-sheet reference date: 2026-06-30. The inputs do not establish a single common source date for this ratio.
div.ttm_per_shareDividends per share, last 12 months (split-adjusted)$9.56COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history — Sum of 4 split-adjusted declared dividends with an ex-date in the 365 days to 2026-10-05, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate.
div.ttm_yieldDividend yield, last 12 months2.00%COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history and quote — Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate.
earn.history.depth.2026-07-21.revenue_actual.comparisonLatest report · revenue vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($10.88B) with the recorded estimate ($10.80B) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.
earn.history.depth.2026-07-21.eps_actual.comparisonLatest report · EPS vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($7.6800) with the recorded estimate ($6.8200) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.

OURS — 2 facts from Stock Expert AI's own score and rank

OURS facts used on this page
Fact IDFactValue as shownAs ofTierSource
ours.moonshotMoonshotScore v265 of 100 · Strong · pillars 67 / 72 / 65 / 55 / 32OURSStock Expert AI MoonshotScore v2 engine
ours.moonshot_changeMoonshotScore movement65 (stored snapshot Oct 3, 2026) → 65 (current publication computed Oct 4, 2026) (0)OURSStock Expert AI current score publication and immutable score snapshots

Fact-family notes

  1. Quarterly statement note. Source series as of 2026-06-30. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs: fin.q_table.depth.2026-06-30.revenue_k, fin.q_table.depth.2026-06-30.sga_k, fin.q_table.depth.2026-06-30.operating_result_k, fin.q_table.depth.2026-03-31.revenue_k, fin.q_table.depth.2026-03-31.sga_k, fin.q_table.depth.2026-03-31.operating_result_k, fin.q_table.depth.2025-12-31.revenue_k, fin.q_table.depth.2025-12-31.sga_k, fin.q_table.depth.2025-12-31.operating_result_k, fin.q_table.depth.2025-09-30.revenue_k, fin.q_table.depth.2025-09-30.sga_k, fin.q_table.depth.2025-09-30.operating_result_k.
  2. Earnings-history note. Source series as of 2026-07-21. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs: earn.history.depth.2026-07-21.revenue_actual, earn.history.depth.2026-07-21.revenue_estimated, earn.history.depth.2026-07-21.revenue_actual.comparison, earn.history.depth.2026-07-21.eps_actual.comparison, earn.history.depth.2026-07-21.eps_actual, earn.history.depth.2026-07-21.eps_estimated, earn.history.depth.2026-04-21.revenue_actual, earn.history.depth.2026-04-21.revenue_estimated, earn.history.depth.2026-04-21.eps_actual, earn.history.depth.2026-04-21.eps_estimated, earn.history.depth.2026-01-27.revenue_actual, earn.history.depth.2026-01-27.revenue_estimated, earn.history.depth.2026-01-27.eps_actual, earn.history.depth.2026-01-27.eps_estimated, earn.history.depth.2025-10-21.revenue_actual, earn.history.depth.2025-10-21.revenue_estimated, earn.history.depth.2025-10-21.eps_actual, earn.history.depth.2025-10-21.eps_estimated.
  3. Cash-flow note. Source series as of 2026-06-30. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs: fin.opcf.depth.2026-06-30.operating_cash_flow_m, fin.opcf.depth.2026-03-31.operating_cash_flow_m, fin.opcf.depth.2026-06-30.capex_m, fin.opcf.depth.2026-03-31.capex_m, fin.opcf.depth.2025-12-31.operating_cash_flow_m, fin.opcf.depth.2025-12-31.capex_m, fin.opcf.depth.2025-09-30.operating_cash_flow_m, fin.opcf.depth.2025-09-30.capex_m.
Published
Research standards
Methodology · Editorial policy · Corrections

Sources used for research written 2026-09-12

Historical evidence preserved with this analysis. Current figures are listed separately above.

EvidenceCaptured valueSource dateSource typeSource
Business description
Northrop Grumman Corporation is a leading global player in the aerospace and defense sectors. Its Aeronautics Systems division is responsible for the full lifecycle of aircraft, from design and development to production, integration, and ongoing maintenance. This includes a diverse portfolio of crewed and uncrewed aerial platforms: advanced strategic long-range strike aircraft, tactical fighter and air superiority jets, and sophisticated airborne systems for battle management and command and control. Additionally, it specializes in autonomous uncrewed aircraft systems, such as high-altitude, long-endurance strategic intelligence, surveillance, and reconnaissance (ISR) platforms, alongside vertical take-off and landing tactical ISR systems. The Defense Systems segment focuses on creating and delivering a wide array of weapons and mission technologies. Its offerings encompass integrated battle management solutions, various weapons platforms, and specialized aircraft. Key products include command and control systems, munitions, and missiles, alongside precision strike capabilities. The segment is also at the forefront of propulsion technologies, offering both air-breathing and advanced hypersonic systems, as well as sophisticated gun systems and precision munitions. Beyond products, it provides comprehensive life-cycle support, including software services, ongoing maintenance, logistics, operational assistance, and modernization efforts for air, sea, and ground-based defense systems. Within its Mission Systems division, Northrop Grumman delivers critical capabilities spanning cybersecurity, C4ISR (command, control, communications, computers, intelligence, surveillance, and reconnaissance). This includes developing advanced sensing technologies such as radar, electro-optical/infrared, and acoustic sensors, alongside electronic warfare systems. The division also provides cutting-edge communications and networking solutions, intelligence processing, navigation systems, and maritime power, propulsion, and payload launch systems. Furthermore, it supplies airborne multifunction sensors, integrated maritime and land-based systems, targeting and survivability solutions, and robust networked information platforms. The Space Systems segment is a key provider of space-based solutions, delivering satellites and their associated payloads, along with essential ground control systems. It specializes in missile defense systems, including interceptors, and offers a range of launch vehicles with their propulsion components, as well as strategic missile technologies. Established in 1939, the corporation maintains its headquarters in Falls Church, Virginia.
2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Revenue by segment
Space Systems: $10.77B; Defense Systems: $8.00B; Mission Systems: $12.51B; Aeronautics Systems: $12.99B
2025-12-31FMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
Management outlook — dated call excerpts
Captured record · 4 entries
  • Call of 2026-07-21 — Quote: We continue to expect $1.85 billion of CapEx in 2026., Speaker: John Greene
  • Call of 2026-07-21 — Quote: As we previously shared, we expect CapEx investments of around 4.5% of sales in 2027 and 2028 as we invest in infrastructure to support the B-21 production ramp., Speaker: John Greene
  • Call of 2026-07-21 — Quote: Based on our strong Q2 results and accelerating momentum, we are increasing our financial guidance for 2026., Speaker: Kathy Warden
  • Call of 2026-07-21 — Quote: We expect the PAC-3 SRM production award later this year., Speaker: Kathy Warden

Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.

2026-07-21OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP)
Operating cash flow by quarter (USD millions)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — Capital expenditure: -$302.00M, Operating cash flow: $1.28B
  • Quarter ended 2026-03-31 — Capital expenditure: -$167.00M, Operating cash flow: -$1.66B
  • Quarter ended 2025-12-31 — Capital expenditure: -$662.00M, Operating cash flow: $3.90B
  • Quarter ended 2025-09-30 — Capital expenditure: -$301.00M, Operating cash flow: $1.56B
  • Quarter ended 2025-06-30 — Capital expenditure: -$231.00M, Operating cash flow: $868.00M
  • Quarter ended 2025-03-31 — Capital expenditure: -$256.00M, Operating cash flow: -$1.56B
  • Quarter ended 2024-12-31 — Capital expenditure: -$816.00M, Operating cash flow: $2.58B
  • Quarter ended 2024-09-30 — Capital expenditure: -$361.00M, Operating cash flow: $1.09B
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements
Sector / industry (provider taxonomy)
Industrials / Aerospace & Defense

The company's SEC filings classify it under SIC 3812 — Search, Detection, Navigation, Guidance, Aeronautical Sys.

2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Annual revenue and net result (USD millions)
Captured record · 5 entries
  • FY2025 — R&D: $1.10B, Revenue: $41.95B, Period end: 2025-12-31, Net result: $4.18B
  • FY2024 — R&D: $1.10B, Revenue: $41.03B, Period end: 2024-12-31, Net result: $4.17B
  • FY2023 — R&D: $1.20B, Revenue: $39.29B, Period end: 2023-12-31, Net result: $2.06B
  • FY2022 — R&D: $1.20B, Revenue: $36.60B, Period end: 2022-12-31, Net result: $4.90B
  • FY2021 — R&D: $1.10B, Revenue: $35.67B, Period end: 2021-12-31, Net result: $7.00B
2025-12-31FMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
Quarterly income statement (USD thousands)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — EPS: $7.68 per share, R&D: $0, SG&A: $1.02B, EPS basic: $7.7 per share, EPS basis: diluted, Revenue: $10.88B, EPS diluted: $7.68 per share, Net result: $1.09B, Gross profit: $2.12B, Operating result: $1.10B
  • Quarter ended 2026-03-31 — EPS: $6.14 per share, R&D: $0, SG&A: $805.00M, EPS basic: $6.16 per share, EPS basis: diluted, Revenue: $9.88B, EPS diluted: $6.14 per share, Net result: $875.00M, Gross profit: $1.96B, Operating result: $989.00M
  • Quarter ended 2025-12-31 — EPS: $9.99 per share, R&D: $0, SG&A: $1.02B, EPS basic: $9.99 per share, EPS basis: diluted, Revenue: $11.71B, EPS diluted: $9.99 per share, Net result: $1.43B, Gross profit: $2.30B, Operating result: $1.04B
  • Quarter ended 2025-09-30 — EPS: $7.67 per share, R&D: $0, SG&A: $849.00M, EPS basic: $7.69 per share, EPS basis: diluted, Revenue: $10.42B, EPS diluted: $7.67 per share, Net result: $1.10B, Gross profit: $2.23B, Operating result: $1.24B
  • Quarter ended 2025-06-30 — EPS: $8.15 per share, R&D: $0, SG&A: $879.00M, EPS basic: $8.17 per share, EPS basis: diluted, Revenue: $10.35B, EPS diluted: $8.15 per share, Net result: $1.17B, Gross profit: $2.21B, Operating result: $1.43B
  • Quarter ended 2025-03-31 — EPS: $3.32 per share, R&D: $0, SG&A: $877.00M, EPS basic: $3.33 per share, EPS basis: diluted, Revenue: $9.47B, EPS diluted: $3.32 per share, Net result: $481.00M, Gross profit: $1.58B, Operating result: $573.00M
  • Quarter ended 2024-12-31 — EPS: $8.66 per share, R&D: $1.10B, SG&A: $247.00M, EPS basic: $8.66 per share, EPS basis: diluted, Revenue: $10.69B, EPS diluted: $8.66 per share, Net result: $1.26B, Gross profit: $1.93B, Operating result: $1.09B
  • Quarter ended 2024-09-30 — EPS: $7 per share, R&D: $0, SG&A: $818.00M, EPS basic: $7.02 per share, EPS basis: diluted, Revenue: $10.00B, EPS diluted: $7 per share, Net result: $1.03B, Gross profit: $2.11B, Operating result: $1.12B
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements
Reported versus estimated, last 8 quarters
Captured record · 8 entries
  • Reported 2026-07-21 — EPS actual: $7.68 per share, EPS estimated: $6.82 per share, Revenue actual: $10.88B, Revenue estimated: $10.80B
  • Reported 2026-04-21 — EPS actual: $6.14 per share, EPS estimated: $6.06 per share, Revenue actual: $9.88B, Revenue estimated: $9.75B
  • Reported 2026-01-27 — EPS actual: $7.23 per share, EPS estimated: $6.98 per share, Revenue actual: $11.71B, Revenue estimated: $11.62B
  • Reported 2025-10-21 — EPS actual: $7.67 per share, EPS estimated: $6.44 per share, Revenue actual: $10.42B, Revenue estimated: $10.72B
  • Reported 2025-07-22 — EPS actual: $7.11 per share, EPS estimated: $6.92 per share, Revenue actual: $10.35B, Revenue estimated: $10.06B
  • Reported 2025-04-22 — EPS actual: $3.32 per share, EPS estimated: $6.24 per share, Revenue actual: $9.47B, Revenue estimated: $9.92B
  • Reported 2025-01-30 — EPS actual: $6.39 per share, EPS estimated: $6.35 per share, Revenue actual: $10.69B, Revenue estimated: $10.97B
  • Reported 2024-10-24 — EPS actual: $7 per share, EPS estimated: $6.07 per share, Revenue actual: $10.00B, Revenue estimated: $10.18B
2026-07-21FMPFinancial Modeling Prep (FMP) earnings
Most recent periodic reports2026-07-21OFFICIALSEC EDGAR filer submissions
Cash, investments and debt
Total debt: $16.29B; Liquidity basis: cash and short-term investments; Total liabilities: $32.88B; Cash and short-term investments: $2.31B; Cash and investments: $2.31B; Long-term investments: $0; Long-term investments classification: unclassified

Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.

2026-06-30FMPFinancial Modeling Prep (FMP), from the company's balance sheet
Cash and investment components
Total basis: cash short and long-term investments; Total: $2.31B; Cash and short-term investments: $2.31B; Long-term investments: $0; Long-term investments classification: unclassified

Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures.

2026-06-30COMPUTEDComputed from the balance sheet
Cash and short-term investments over time (USD millions)
Captured record · 8 entries
  • 2026-06-30 — Amount: $2.31B, Cash basis: cash and short-term investments
  • 2026-03-31 — Amount: $2.09B, Cash basis: cash and short-term investments
  • 2025-12-31 — Amount: $4.40B, Cash basis: cash and short-term investments
  • 2025-09-30 — Amount: $1.96B, Cash basis: cash and short-term investments
  • 2025-06-30 — Amount: $1.90B, Cash basis: cash and short-term investments
  • 2025-03-31 — Amount: $1.69B, Cash basis: cash and short-term investments
  • 2024-12-31 — Amount: $4.35B, Cash basis: cash and short-term investments
  • 2024-09-30 — Amount: $3.33B, Cash basis: cash and short-term investments
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's quarterly balance sheets
Cash decline over the reported window
To: 2026-06-30; From: 2024-09-30; Periods: 7; Cash basis: cash and short-term investments; Closing balance: $2.31B; Decline: $1.02B; Opening balance: $3.33B; Average change per period: $145.60M

Change in cash, cash equivalents and short-term investments between the 2024-09-30 and 2026-06-30 balance sheets.; This is a balance change, not operating burn: financing and investing move it too.; Averaged over 7 reporting periods of unequal length.

2026-06-30COMPUTEDComputed from reported balances
Cash against market value
As of: 2026-06-30; Cash basis: cash and short-term investments; Net cash: -$13.98B; Total debt: $16.29B; Cash and investments: $2.31B

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. Cash is the latest reported cash and short-term investment balance; long-term investments are excluded. Market capitalization is the latest provider value.; The reported balance does not establish unrestricted availability or liquidation value.; The two are measured on different dates — the balance sheet is a quarter-end, the market cap is a recent close.; Debt is total debt as reported, including operating lease liabilities where the filer includes them.

2026-06-30COMPUTEDComputed from the balance sheet and the latest market capitalization
Trailing twelve-month ratio set
Quick ratio: 1.06; Current ratio: 1.17; Debt to equity: 0.91; Net margin: 10.5%; Gross margin: 20.1%; Operating margin: 10.2%; Return on assets: 8.9%; Return on equity: 26.6%

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero.

2026-09-12FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm
Distress and quality screens
Altman Z-score: 3.12; Piotroski F-score: 8

Altman Z below 1.8 is the conventional distress zone. For a company holding large cash against negative retained earnings the score mostly reflects the retained-earnings term.

2026-09-12FMPFinancial Modeling Prep (FMP) financial scores
Next earnings report
Date: 2026-10-20; EPS estimate: $7.17 per share; Revenue estimate: $11.13B

The date is our provider's estimate until the company confirms it.

2026-09-12FMPFinancial Modeling Prep (FMP) earnings calendar
Analyst revenue and earnings estimates (average)
Captured record · 4 entries
  • FY2027 — EPS average: $30.45 per share, Revenue average: $47.10B, Revenue low: $46.48B, Revenue high: $48.05B, Analysts (revenue): 16
  • FY2028 — EPS average: $32.91 per share, Revenue average: $50.02B, Revenue low: $48.82B, Revenue high: $52.16B, Analysts (revenue): 18
  • FY2029 — EPS average: $35.05 per share, Revenue average: $52.37B, Revenue low: $51.71B, Revenue high: $53.27B, Analysts (revenue): 10
  • FY2030 — EPS average: $37.82 per share, Revenue average: $55.37B, Revenue low: $54.68B, Revenue high: $56.32B, Analysts (revenue): 9
2026-09-12FMPFinancial Modeling Prep (FMP) analyst estimates
Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

ETFs that hold NOC

Funds in our ETF coverage that list NOC among the top 10 holdings on their fund page, largest weight first. Each weight is the fund's reported holding weight as of the date in its row.

ETFWeightHoldings as of
Pacer Solactive Whitney Future of Warfare ETF (FOWF)6.67%
State Street SPDR S&P Kensho Future Security ETF (FITE)1.79%