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Northrop Grumman NOC Invested capital

Discontinued — last reported Q2 '26

Invested capital at other companies

Oneok logo
OneokOKE
8.6%-0.2pp
Rithm Capital logo
Rithm CapitalRITM
3.2%0.0pp
Citigroup logo
CitigroupC
32.6%+2.0pp
Morgan Stanley logo
Morgan StanleyMS
16.9%+0.4pp
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
20.5%-0.7pp
American Express logo
American ExpressAXP
49.1%-10.0pp

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
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

Calculated from Northrop Grumman’s reported figures.

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

Filed
Jul 21, 2026, 4:02 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001133421-26-000034

FAQ

What is Northrop Grumman's invested capital?
Northrop Grumman (NOC) reported invested capital of $32.63B in Q2 2026.
How has Northrop Grumman's invested capital changed year-over-year?
Northrop Grumman's invested capital increased by 5.0% year-over-year, from $31.09B to $32.63B.
What is the long-term trend for Northrop Grumman's invested capital?
Over 5 years (2020 to 2025), Northrop Grumman's invested capital has grown at a 6.2% compound annual growth rate (CAGR), from $22.28B to $30.16B.
What does invested capital mean?
Total debt plus shareholders' equity minus cash, at the quarter end. The capital actually put to work in the operating business — the denominator of return on invested capital (ROIC).

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