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 2025
Last reportedQ1 2026

How to read this metric

An increase reflects strong plan performance or higher contributions, while a decrease suggests market losses or increased liability projections.

Detailed definition

This represents the surplus value of pension plan assets over the projected benefit obligation for defined benefit retir...

Peer comparison

Varies based on the maturity of the workforce and the historical funding strategy of the company.

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$2.50B$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 excess value of funds set aside for employee pensions compared to the company's future obligations.