Other

Non-operating FAS pension benefit

Northrop Grumman Non-operating FAS pension benefit increased by 20.3% to $166.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 27.7%, from $130.00M to $166.00M. Over 2 years (FY 2023 to FY 2025), Non-operating FAS pension benefit shows relatively stable performance with a 1.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionOther
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026Apr 21, 2026

How to read this metric

An increase boosts net earnings without requiring additional operational effort, though it is subject to market performance and actuarial assumptions.

Detailed definition

This represents the non-operating portion of pension-related income, typically derived from the expected return on plan...

Peer comparison

Common in mature industries with legacy defined benefit plans like aerospace and defense.

Metric ID: other_non_operating_fas_pension_benefit

Historical Data

16 periods
 Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$376.00M$377.00M$376.00M$132.00M$133.00M$132.00M$133.00M$168.00M$167.00M$168.00M$153.00M$130.00M$137.00M$136.00M$138.00M$166.00M
QoQ Change+0.3%-0.3%-64.9%+0.8%-0.8%+0.8%+26.3%-0.6%+0.6%-8.9%-15.0%+5.4%-0.7%+1.5%+20.3%
YoY Change-64.9%-64.7%-64.9%+27.3%+25.6%+27.3%+15.0%-22.6%-18.0%-19.0%-9.8%+27.7%
Range$130.00M$377.00M
CAGR-19.6%
Avg YoY Growth-11.8%
Median YoY Growth-13.9%
Current Streak2 quarters growth

Frequently Asked Questions

What is Northrop Grumman's non-operating fas pension benefit?
Northrop Grumman (NOC) reported non-operating fas pension benefit of $166.00M in Q1 2026.
How has Northrop Grumman's non-operating fas pension benefit changed year-over-year?
Northrop Grumman's non-operating fas pension benefit increased by 27.7% year-over-year, from $130.00M to $166.00M.
What is the long-term trend for Northrop Grumman's non-operating fas pension benefit?
Over 2 years (2023 to 2025), Northrop Grumman's non-operating fas pension benefit has grown at a 1.0% compound annual growth rate (CAGR), from $530.00M to $541.00M.
What does non-operating fas pension benefit mean?
Income generated from pension plan assets that is not related to day-to-day business operations.