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Northrop Grumman NOC Corporate — CapEx

Other segment segments

Space Systems
$84M+18.3%
Mission Systems
$42M-10.6%
Aeronautics Systems
$35M-49.3%
Defense Systems
$28M+155%

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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$75.98B-8.0%
Enterprise value$90.73B-7.6%
P/E16.9×-4.0×
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

Reported directly by Northrop Grumman in its filing.

Tagged under the XBRL concept us-gaap:SegmentExpenditureAdditionToLongLivedAssets.

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

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Questions, answered.

What is Northrop Grumman's corporate — capex?
Northrop Grumman (NOC) reported corporate — capex of $113M in Q2 2026.
How has Northrop Grumman's corporate — capex changed year-over-year?
Northrop Grumman's corporate — capex increased by 242.4% year-over-year, from $33M to $113M.
What is the long-term trend for Northrop Grumman's corporate — capex?
Over 3 years (2021 to 2024), Northrop Grumman's corporate — capex has grown at a 9.0% compound annual growth rate (CAGR), from $51M to $66M.
What does corporate — capex mean?
This metric represents the cash outflows used by the corporate segment to acquire, upgrade, and maintain physical assets such as property, buildings, and equipment. In the context of a defense contractor, these expenditures reflect the investment in centralized infrastructure, shared facilities, and corporate-level technology systems that support the broader business segments. Monitoring these investments helps investors assess the company's commitment to long-term operational capacity and modernization at the parent-company level.