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Non-Current Assets

Other Non-Current Assets

Northrop Grumman Other Non-Current Assets decreased by 1.5% to $1.58B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 25.5%, from $1.26B to $1.58B. Over 5 years (FY 2020 to FY 2025), Other Non-Current Assets shows a downward trend with a -3.4% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026Apr 21, 2026

How to read this metric

Significant increases may indicate strategic investments or changes in accounting for long-term tax positions.

Detailed definition

This category aggregates long-term assets that do not fit into standard classifications like property, plant, or equipme...

Peer comparison

Varies widely by company; peers with large M&A activity often show higher balances here due to goodwill or intangible assets.

Metric ID: non_current_assets_other_assets_noncurrent

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$2.01B$2.03B$2.31B$2.35B$2.24B$2.25B$2.59B$2.7B$2.69B$2.69B$1.19B$2.64B$2.76B$2.91B$1.48B$1.26B$1.33B$1.46B$1.6B$1.58B
QoQ Change+0.8%+14.1%+1.8%-4.6%+0.2%+15.4%+4.2%-0.6%+0.1%-55.6%+121.2%+4.5%+5.3%-49.0%-15.2%+5.9%+9.4%+10.0%-1.5%
YoY Change+11.6%+11.0%+12.2%+14.9%+19.8%+19.7%-54.0%-2.3%+2.7%+8.1%+24.3%-52.3%-51.7%-49.9%+8.1%+25.5%
Range$1.19B$2.91B
CAGR-4.9%
Avg YoY Growth-3.3%
Median YoY Growth+9.5%

Frequently Asked Questions

What is Northrop Grumman's other non-current assets?
Northrop Grumman (NOC) reported other non-current assets of $1.58B in Q1 2026.
How has Northrop Grumman's other non-current assets changed year-over-year?
Northrop Grumman's other non-current assets increased by 25.5% year-over-year, from $1.26B to $1.58B.
What is the long-term trend for Northrop Grumman's other non-current assets?
Over 5 years (2020 to 2025), Northrop Grumman's other non-current assets has grown at a -3.4% compound annual growth rate (CAGR), from $1.91B to $1.6B.
What does other non-current assets mean?
Miscellaneous long-term assets that are not classified as property, plant, or equipment.