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Non-Current Assets

Total Assets

Northrop Grumman Total Assets decreased by 2.7% to $50.01B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.2%, from $48.47B to $50.01B. Over 5 years (FY 2020 to FY 2025), Total Assets shows an upward trend with a 2.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryMarket Position
SignalHigher is better
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026Apr 21, 2026

How to read this metric

Growth generally indicates business expansion, while a decline may signal asset divestiture or downsizing.

Detailed definition

Total assets represent the aggregate value of all current and non-current resources owned by the company. It serves as a...

Peer comparison

Large-scale defense contractors typically maintain high asset bases due to heavy investment in manufacturing infrastructure.

Metric ID: total_assets

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$42.14B$42.35B$42.58B$41.9B$41.91B$42.73B$43.76B$44.24B$45.61B$44.9B$46.54B$47.82B$47.67B$48.29B$49.36B$48.47B$49.45B$49.3B$51.38B$50.01B
QoQ Change+0.5%+0.6%-1.6%+0.0%+2.0%+2.4%+1.1%+3.1%-1.6%+3.7%+2.7%-0.3%+1.3%+2.2%-1.8%+2.0%-0.3%+4.2%-2.7%
YoY Change-0.5%+0.9%+2.8%+5.6%+8.8%+5.1%+6.4%+8.1%+4.5%+7.6%+6.0%+1.4%+3.7%+2.1%+4.1%+3.2%
Range$41.9B$51.38B
CAGR+3.7%
Avg YoY Growth+4.4%
Median YoY Growth+4.3%

Frequently Asked Questions

What is Northrop Grumman's total assets?
Northrop Grumman (NOC) reported total assets of $50.01B in Q1 2026.
How has Northrop Grumman's total assets changed year-over-year?
Northrop Grumman's total assets increased by 3.2% year-over-year, from $48.47B to $50.01B.
What is the long-term trend for Northrop Grumman's total assets?
Over 5 years (2020 to 2025), Northrop Grumman's total assets has grown at a 2.9% compound annual growth rate (CAGR), from $44.47B to $51.38B.
What does total assets mean?
The sum of all resources owned by the company, including cash, inventory, and property.