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Northrop Grumman NOC Gain on sale of business and assets

Gain on sale of business and assets at other companies

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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$80.65B-4.4%
Enterprise value$95.4B-4.6%
P/E17.9×-3.4×
P/S1.9×-0.2×

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:GainLossOnSaleOfBusiness.

The source filing: Northrop Grumman’s 10-Q, filed July 21, 2026.

Filed
Jul 21, 2026, 4:02 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001133421-26-000034
$ in millions, except per share amountsThree Months Ended June 30 / 2026Three Months Ended June 30 / 2025Six Months Ended June 30 / 2026Six Months Ended June 30 / 2025
Service1,6001,6153,0883,137
General and administrative expenses1,0251,0161,9962,023
Total operating costs and expenses9,7809,15718,67218,052
Gain on sale of business231231
Operating income1,0961,4252,0851,998
Other (expense) income
Interest expense(161)(173)(323)(329)
Non-operating FAS pension benefit166137332267

Item 1. Financial Statements (Unaudited)

FAQ

What is Northrop Grumman's gain on sale of business and assets?
Northrop Grumman (NOC) reported gain on sale of business and assets of $0 in Q2 2026.
How has Northrop Grumman's gain on sale of business and assets changed year-over-year?
Northrop Grumman's gain on sale of business and assets decreased by 100.0% year-over-year, from $231M to $0.
What is the long-term trend for Northrop Grumman's gain on sale of business and assets?
Over 3 years (2021 to 2024), Northrop Grumman's gain on sale of business and assets has grown at a -100.0% compound annual growth rate (CAGR), from $1.98B to $0.
What does gain on sale of business and assets mean?
This metric reflects the net profit or loss realized from the divestiture of business units, subsidiaries, or significant assets. It is a non-recurring item that highlights the impact of strategic portfolio restructuring on the company's financial results.

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