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Northrop Grumman NOC Compensation and benefits

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Other financials

Income statement

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Revenue$9.9B+4.4%
Operating income$989.0M+72.6%
Net income$875.0M+81.9%
EPS (diluted)$6.14+84.9%

Balance sheet

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Cash & equivalents$2.1B+24.0%
Total debt$17.1B+2.7%
Total equity$17.1B+14.2%
Total assets$50.0B+3.2%

Cash flow

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Operating cash flow-$1.7B-5.8%
CapEx$167.0M-34.8%
Free cash flow-$1.8B-0.1%

Valuation

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Market cap$78.14B+30.6%
Enterprise value$93.12B+25.5%
P/E17.1×+1.0×
P/S1.8×+0.4×

Profitability

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Operating margin11.6%+2.0pp
Net margin10.8%+1.6pp

Returns & leverage

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Return on equity28.5%+3.1pp
Debt / equity-0.1×
Current ratio1.2×+0.2×

Where this comes from

Reported directly by Northrop Grumman in its filing.

Tagged under the XBRL concept us-gaap:EmployeeRelatedLiabilitiesCurrent.

The official record: Northrop Grumman’s 10-Q, filed April 21, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Northrop Grumman's compensation and benefits?
Northrop Grumman (NOC) reported compensation and benefits of $1.73B in Q1 2026.
How has Northrop Grumman's compensation and benefits changed year-over-year?
Northrop Grumman's compensation and benefits increased by 8.4% year-over-year, from $1.6B to $1.73B.
What is the long-term trend for Northrop Grumman's compensation and benefits?
Over 5 years (2020 to 2025), Northrop Grumman's compensation and benefits has grown at a 2.9% compound annual growth rate (CAGR), from $2B to $2.31B.
What does compensation and benefits mean?
Short-term debts owed to employees for earned wages, bonuses, and benefits.
How do you interpret compensation and benefits?
Fluctuations often correlate with seasonal hiring cycles or the timing of annual bonus payouts.
How does compensation and benefits compare across companies?
Highly comparable across large manufacturing firms with significant labor forces.