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Non-Current Assets

Prepaid pension assets

Northrop Grumman Prepaid pension assets increased by 4.4% to $3.31B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 44.7%, from $2.29B to $3.31B. Over 2 years (FY 2023 to FY 2025), Prepaid pension assets shows an upward trend with a 54.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryRisk
SignalHigher is better
VolatilityModerate
First reportedQ4 2023
Last reportedQ1 2026Apr 21, 2026

How to read this metric

An increase suggests a stronger pension funding position, while a decrease may indicate market losses or increased benefit liabilities.

Detailed definition

This represents the fair value of assets held in a defined benefit pension plan that exceeds the projected benefit oblig...

Peer comparison

Defense contractors often carry significant pension assets; peers with similar legacy workforces will show comparable long-term funding profiles.

Metric ID: non_current_assets_defined_benefit_plan_assets_for_plan__8fec15

Historical Data

7 periods
 Q4 '23Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.33B$2.18B$2.29B$2.39B$2.5B$3.17B$3.31B
QoQ Change+64.1%+4.6%+4.7%+4.5%+26.6%+4.4%
YoY Change+64.1%+45.0%+44.7%
Range$1.33B$3.31B
CAGR+83.4%
Avg YoY Growth+51.3%
Median YoY Growth+45.0%
Current Streak6+ quarters growth

Frequently Asked Questions

What is Northrop Grumman's prepaid pension assets?
Northrop Grumman (NOC) reported prepaid pension assets of $3.31B in Q1 2026.
How has Northrop Grumman's prepaid pension assets changed year-over-year?
Northrop Grumman's prepaid pension assets increased by 44.7% year-over-year, from $2.29B to $3.31B.
What is the long-term trend for Northrop Grumman's prepaid pension assets?
Over 2 years (2023 to 2025), Northrop Grumman's prepaid pension assets has grown at a 54.3% compound annual growth rate (CAGR), from $1.33B to $3.17B.
What does prepaid pension assets mean?
The surplus value of assets held in a company's pension plan over its future obligations.