Non-Current Assets
Operating Lease ROU Assets
Northrop Grumman Operating Lease ROU Assets increased by 3.6% to $1.93B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.4%, from $1.83B to $1.93B. Over 5 years (FY 2020 to FY 2025), Operating Lease ROU Assets shows an upward trend with a 3.9% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ4 2025
Last reportedQ1 2026
How to read this metric
An increase reflects expansion of office footprint or new lease agreements, while a decrease indicates lease expirations or downsizing.
Detailed definition
This asset represents the company's right to use an underlying leased asset, such as office space, over the lease term....
Peer comparison
Standard under IFRS 16 and ASC 842 for all companies with significant real estate leases.
Metric ID:
non_current_assets_operating_lease_right_of_use_assetHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.58B | $1.55B | $1.66B | $1.70B | $1.67B | $1.68B | $1.81B | $1.78B | $1.76B | $1.71B | $1.82B | $1.76B | $1.82B | $1.78B | $1.77B | $1.83B | $1.78B | $1.78B | $1.86B | $1.93B |
| QoQ Change | — | -1.5% | +6.6% | +2.8% | -1.9% | +0.7% | +7.8% | -1.8% | -0.9% | -2.8% | +6.1% | -3.0% | +3.4% | -2.4% | -0.5% | +3.2% | -2.4% | +0.0% | +4.3% | +3.6% |
| YoY Change | — | — | — | — | +6.0% | +8.2% | +9.4% | +4.5% | +5.6% | +2.0% | +0.4% | -0.9% | +3.4% | +3.8% | -2.6% | +3.6% | -2.2% | +0.2% | +5.0% | +5.4% |
Range$1.55B – $1.93B
CAGR+4.3%
Avg YoY Growth+3.2%
Median YoY Growth+3.7%
Current Streak3 quarters growth
Operating Lease ROU Assets at Other Companies
Frequently Asked Questions
- What is Northrop Grumman's operating lease rou assets?
- Northrop Grumman (NOC) reported operating lease rou assets of $1.93B in Q1 2026.
- How has Northrop Grumman's operating lease rou assets changed year-over-year?
- Northrop Grumman's operating lease rou assets increased by 5.4% year-over-year, from $1.83B to $1.93B.
- What is the long-term trend for Northrop Grumman's operating lease rou assets?
- Over 5 years (2020 to 2025), Northrop Grumman's operating lease rou assets has grown at a 3.9% compound annual growth rate (CAGR), from $1.53B to $1.86B.
- What does operating lease rou assets mean?
- The value of the company's right to use leased property over the remaining lease term.