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Non-Current Assets

PP&E (Net)

Northrop Grumman PP&E (Net) decreased by 6.6% to $10.24B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.7%, from $10.52B to $10.24B. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows an upward trend with a 9.2% 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

High levels indicate significant capital investment, while a declining trend may suggest aging infrastructure or a shift toward asset-light models.

Detailed definition

This represents the net book value of tangible long-lived assets, such as manufacturing facilities, machinery, and testi...

Peer comparison

Defense contractors typically maintain high levels of PP&E to support specialized manufacturing and testing requirements.

Metric ID: property_plant_equipment_net

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$7.16B$7.28B$7.89B$8.02B$8.13B$8.33B$8.8B$8.84B$8.98B$9.17B$9.65B$9.69B$9.77B$10.08B$10.54B$10.52B$10.54B$10.54B$10.97B$10.24B
QoQ Change+1.6%+8.5%+1.6%+1.3%+2.5%+5.7%+0.4%+1.6%+2.2%+5.2%+0.4%+0.8%+3.1%+4.5%-0.1%+0.1%+0.0%+4.1%-6.6%
YoY Change+13.4%+14.4%+11.5%+10.2%+10.5%+10.2%+9.7%+9.6%+8.9%+9.9%+9.1%+8.6%+7.8%+4.6%+4.1%-2.7%
Range$7.16B$10.97B
CAGR+7.8%
Avg YoY Growth+8.7%
Median YoY Growth+9.7%

Frequently Asked Questions

What is Northrop Grumman's pp&e (net)?
Northrop Grumman (NOC) reported pp&e (net) of $10.24B in Q1 2026.
How has Northrop Grumman's pp&e (net) changed year-over-year?
Northrop Grumman's pp&e (net) decreased by 2.7% year-over-year, from $10.52B to $10.24B.
What is the long-term trend for Northrop Grumman's pp&e (net)?
Over 5 years (2020 to 2025), Northrop Grumman's pp&e (net) has grown at a 9.2% compound annual growth rate (CAGR), from $7.07B to $10.97B.
What does pp&e (net) mean?
The net value of the company's physical assets like factories, machinery, and equipment.