Northrop Grumman (NOC) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
41.0B
Gross Profit
8.4B
20.38%
Operating Income
4.4B
10.65%
Net Income
4.2B
10.17%
EPS (Diluted)
$28.34
Balance Sheet Metrics
Total Assets
49.4B
Total Liabilities
34.1B
Shareholders Equity
15.3B
Debt to Equity
2.23
Cash Flow Metrics
Operating Cash Flow
4.1B
Free Cash Flow
2.6B
Revenue & Profitability Trend
Northrop Grumman Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 41.0B | 39.3B | 36.6B | 35.7B | 36.8B |
| Cost of Goods Sold | 32.7B | 32.7B | 29.1B | 28.4B | 29.3B |
| Gross Profit | 8.4B | 6.6B | 7.5B | 7.3B | 7.5B |
| Operating Expenses | 4.0B | 4.0B | 3.9B | 3.6B | 3.4B |
| Operating Income | 4.4B | 2.5B | 3.6B | 3.7B | 4.1B |
| Pre-tax Income | 5.0B | 2.3B | 5.8B | 8.9B | 3.7B |
| Income Tax | 842.0M | 290.0M | 940.0M | 1.9B | 539.0M |
| Net Income | 4.2B | 2.1B | 4.9B | 7.0B | 3.2B |
| EPS (Diluted) | $28.34 | $13.53 | $31.47 | $43.54 | $19.03 |
Income Statement Trend
Northrop Grumman Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 14.3B | 13.7B | 12.5B | 12.4B | 15.3B |
| Non-Current Assets | 35.1B | 32.8B | 31.3B | 30.2B | 29.1B |
| Total Assets | 49.4B | 46.5B | 43.8B | 42.6B | 44.5B |
| Liabilities | |||||
| Current Liabilities | 14.1B | 11.9B | 11.6B | 9.5B | 9.6B |
| Non-Current Liabilities | 19.9B | 19.8B | 16.9B | 20.1B | 24.3B |
| Total Liabilities | 34.1B | 31.7B | 28.4B | 29.7B | 33.9B |
| Equity | |||||
| Total Shareholders Equity | 15.3B | 14.8B | 15.3B | 12.9B | 10.6B |
Balance Sheet Composition
Northrop Grumman Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 4.2B | 2.1B | 4.9B | 7.0B | 3.2B |
| Operating Cash Flow | 4.1B | 4.5B | 5.6B | 8.7B | 2.8B |
| Investing Activities | |||||
| Capital Expenditures | 0 | 0 | 155.0M | 84.0M | 205.0M |
| Investing Cash Flow | 18.0M | 193.0M | 194.0M | 3.5B | 209.0M |
| Financing Activities | |||||
| Dividends Paid | -1.2B | -1.1B | -1.1B | -983.0M | -953.0M |
| Financing Cash Flow | -1.4B | -1.8B | -2.6B | -7.0B | -510.0M |
| Free Cash Flow | 2.6B | 2.1B | 1.5B | 2.2B | 2.9B |
Cash Flow Trend
Northrop Grumman Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
19.73
Forward P/E
17.81
Price to Book
4.80
Price to Sales
1.78
PEG Ratio
17.81
Profitability Ratios
Profit Margin
9.19%
Operating Margin
7.43%
Return on Equity
25.41%
Return on Assets
6.40%
Financial Health
Current Ratio
0.95
Debt to Equity
120.97
Beta
0.14
Per Share Data
EPS (TTM)
$25.33
Book Value per Share
$104.00
Revenue per Share
$276.64
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| noc | 71.9B | 19.73 | 4.80 | 25.41% | 9.19% | 120.97 |
| General Electric | 255.3B | 37.76 | 13.26 | 27.20% | 17.63% | 106.40 |
| RTX | 194.8B | 42.63 | 3.17 | 7.80% | 5.63% | 67.80 |
| Boeing | 151.8B | -10.96 | -46.52 | 303.40% | -16.58% | -16.81 |
| Lockheed Martin | 110.7B | 20.36 | 16.47 | 82.55% | 7.66% | 303.82 |
| TransDigm | 82.6B | 49.50 | -14.95 | -23.57% | 22.66% | -4.43 |
Financial data is updated regularly. All figures are in the company's reporting currency.