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Northrop Grumman NOC Net debt / EBITDA

Net debt / EBITDA at other companies

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BoeingBA
5.7×
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-0.6×
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-1.0×
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2.2×-0.3×
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2.7×+1.0×
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2.6×+0.4×

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.

Based on the most recent quarter.

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 net debt / EBITDA?
Northrop Grumman (NOC) reported net debt / EBITDA of 2.4× in Q2 2026.
How has Northrop Grumman's net debt / EBITDA changed year-over-year?
Northrop Grumman's net debt / EBITDA decreased by 13.6% year-over-year, from 2.8× to 2.4×.
What is the long-term trend for Northrop Grumman's net debt / EBITDA?
Over 4 years (2020 to 2025), Northrop Grumman's net debt / EBITDA has grown at a 0.8% compound annual growth rate (CAGR), from 2.2× to 2.3×.
What does net debt / EBITDA mean?
Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.

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