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Northrop Grumman NOC Prepaid & Other Current

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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$79.2B-6.1%
Enterprise value$93.94B-6.1%
P/E17.6×-3.8×
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:OtherAssetsCurrent.

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 par valueJune 30, 2026December 31, 2025
Accounts receivable, net2,3111,375
Unbilled receivables, net7,9536,544
Inventoried costs, net1,4151,309
Prepaid expenses and other current assets1,6041,656
Total current assets15,59015,287
Property, plant and equipment, net of accumulated depreciation of $10,061 for 2026 and $9,648 for 202510,29710,972
Operating lease right-of-use assets1,9011,859
Goodwill17,43917,437

Item 1. Financial Statements (Unaudited)

FAQ

What is Northrop Grumman's prepaid & other current?
Northrop Grumman (NOC) reported prepaid & other current of $1.6B in Q2 2026.
How has Northrop Grumman's prepaid & other current changed year-over-year?
Northrop Grumman's prepaid & other current increased by 2646.0% year-over-year, from -$63M to $1.6B.
What does prepaid & other current mean?
Advance payments for expenses (rent, insurance, subscriptions) plus miscellaneous current assets not classified elsewhere.

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