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Northrop Grumman NOC Total Current Assets

Total Current Assets at other companies

Boeing logo
BoeingBA
$124.63B-2.1%
General Dynamics logo
General DynamicsGD
$27.04B+7.9%
Raytheon Technologies logo
Raytheon TechnologiesRTX
$63.91B+16.9%
L3Harris Technologies logo
L3Harris TechnologiesLHX
$10.08B+32.5%
Lockheed Martin logo
Lockheed MartinLMT
$28.4B+18.4%
nLIGHT, Inc. logo
nLIGHT, Inc.LASR
$446.07M+107%

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$77.07B-8.7%
Enterprise value$91.81B-8.2%
P/E17.1×-4.3×
P/S1.8×-0.3×

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:AssetsCurrent.

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
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
Deferred tax assets5981,051

Item 1. Financial Statements (Unaudited)

FAQ

What is Northrop Grumman's total current assets?
Northrop Grumman (NOC) reported total current assets of $15.59B in Q2 2026.
How has Northrop Grumman's total current assets changed year-over-year?
Northrop Grumman's total current assets increased by 11.2% year-over-year, from $14.03B to $15.59B.
What is the long-term trend for Northrop Grumman's total current assets?
Over 5 years (2020 to 2025), Northrop Grumman's total current assets has grown at a -0.1% compound annual growth rate (CAGR), from $15.34B to $15.29B.
What does total current assets mean?
The sum of all assets expected to be converted to cash or consumed within one year — cash, receivables, inventory, and prepaid expenses.

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