Northrop Grumman NOC Current ratio
Current ratio at other companies
Other financials
Where this comes from
Calculated from Northrop Grumman’s reported figures.
Based on the most recent quarter.
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 current ratio?
- Northrop Grumman (NOC) reported current ratio of 1.2× in Q1 2026.
- How has Northrop Grumman's current ratio changed year-over-year?
- Northrop Grumman's current ratio increased by 21.3% year-over-year, from 0.9× to 1.2×.
- What is the long-term trend for Northrop Grumman's current ratio?
- Over 4 years (2021 to 2025), Northrop Grumman's current ratio has grown at a -7.4% compound annual growth rate (CAGR), from 5.7× to 4.2×.
- What does current ratio mean?
- Whether the company has enough short-term assets to cover its short-term bills.
- How do you interpret current ratio?
- Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
- How does current ratio compare across companies?
- Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.