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Northrop Grumman NOC Free cash flow margin

Free cash flow margin at other companies

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-11.3%+15.2pp
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11.8%+3.5pp
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12.2%+8.3pp
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7.2%+1.4pp
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11.3%+6.5pp
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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$77.07B-8.7%
Enterprise value$91.81B-8.2%
P/E17.1×-4.3×
P/S1.8×-0.3×

Profitability

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Operating margin10.7%+0.3pp
Net margin10.5%+0.7pp

Returns & leverage

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

Where this comes from

Calculated from Northrop Grumman’s reported figures.

Based on trailing twelve months.

The source filing: Northrop Grumman’s 10-Q, filed April 21, 2026. Open the filing →

Filed
Apr 21, 2026, 4:03 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001133421-26-000016

FAQ

What is Northrop Grumman's free cash flow margin?
Northrop Grumman (NOC) reported free cash flow margin of 7.8% in Q1 2026.
How has Northrop Grumman's free cash flow margin changed year-over-year?
Northrop Grumman's free cash flow margin increased by 77.3% year-over-year, from 4.4% to 7.8%.
What is the long-term trend for Northrop Grumman's free cash flow margin?
Over 5 years (2020 to 2025), Northrop Grumman's free cash flow margin has grown at a 0.1% compound annual growth rate (CAGR), from 7.8% to 7.9%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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