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Northrop Grumman NOC Accounts Payable

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Other financials

Income statement

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Revenue$10.9B+5.1%
Operating income$1.1B-23.1%
Net income$1.1B-6.8%
EPS (diluted)$7.68-5.8%

Balance sheet

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Cash & equivalents$2.3B+21.5%
Total debt$17.1B-2.6%
Total equity$17.9B+15.6%
Total assets$50.8B+2.7%

Cash flow

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Operating cash flow-$1.7B-5.8%
CapEx$302.0M+30.7%
Free cash flow-$1.8B-0.1%

Valuation

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Market cap$79.2B-6.1%
Enterprise value$93.94B-6.1%
P/E17.6×-3.8×
P/S1.9×-0.2×

Profitability

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Operating margin10.7%+0.3pp
Net margin10.5%+0.7pp
FCF margin7.8%+3.4pp

Returns & leverage

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Return on equity27%+0.5pp
Debt / equity-0.2×
Current ratio1.2×+0.1×

Where this comes from

Reported directly by Northrop Grumman in its filing.

Tagged under the XBRL concept us-gaap:AccountsPayableCurrent.

The source filing: Northrop Grumman’s 10-Q, filed July 21, 2026.

Filed
Jul 21, 2026, 4:02 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001133421-26-000034
$ in millions, except par valueJune 30, 2026December 31, 2025
Other non-current assets1,4911,604
Total assets$50,763$51,377
Liabilities
Trade accounts payable$2,895$3,240
Accrued employee compensation1,9912,309
Advance payments and billings in excess of costs incurred3,8234,086
Other current liabilities4,6364,247
Total current liabilities13,34513,882

Item 1. Financial Statements (Unaudited)

FAQ

What is Northrop Grumman's accounts payable?
Northrop Grumman (NOC) reported accounts payable of $2.9B in Q2 2026.
How has Northrop Grumman's accounts payable changed year-over-year?
Northrop Grumman's accounts payable increased by 11.7% year-over-year, from $2.59B to $2.9B.
What is the long-term trend for Northrop Grumman's accounts payable?
Over 5 years (2020 to 2025), Northrop Grumman's accounts payable has grown at a 12.4% compound annual growth rate (CAGR), from $1.81B to $3.24B.
What does accounts payable mean?
Amounts owed to suppliers and vendors for goods and services received but not yet paid. A primary source of short-term trade financing.

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