Northrop Financial Statements From 2010 to 2024

NOC Stock  USD 477.36  7.45  1.59%   
Northrop Grumman financial statements provide useful quarterly and yearly information to potential Northrop Grumman investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Northrop Grumman financial statements helps investors assess Northrop Grumman's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Northrop Grumman's valuation are summarized below:
Gross Profit
7.5 B
Profit Margin
0.0523
Market Capitalization
70.5 B
Enterprise Value Revenue
2.1143
Revenue
39.3 B
We have found one hundred twenty available fundamental ratios for Northrop Grumman, which can be analyzed and compared to other ratios and to its peers in the industry. Investors should ensure to check all of Northrop Grumman's last-minute performance against the performance from 2010 to 2024 to make sure the company is sustainable down the road.
Check Northrop Grumman financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Northrop main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 B, Interest Expense of 572.2 M or Total Revenue of 21.7 B, as well as many exotic indicators such as Short Term Coverage Ratios of 1.64, Price Earnings Ratio of 36.22 or Price To Sales Ratio of 1.9. Northrop financial statements analysis is a perfect complement when working with Northrop Grumman Valuation or Volatility modules.
  
This module can also supplement Northrop Grumman's financial leverage analysis and stock options assessment as well as various Northrop Grumman Technical models . Check out the analysis of Northrop Grumman Correlation against competitors.
For information on how to trade Northrop Stock refer to our How to Trade Northrop Stock guide.

Northrop Grumman Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets24.1 B46.5 B31.5 B
Slightly volatile
Short and Long Term Debt Total16.5 B15.7 B10.2 B
Slightly volatile
Other Current Liabilities2.7 B3.4 B2.6 B
Slightly volatile
Total Current Liabilities12.5 B11.9 B7.7 B
Slightly volatile
Total Stockholder Equity8.4 B14.8 BB
Slightly volatile
Property Plant And Equipment Net12 B11.5 B6.1 B
Slightly volatile
Net Debt13.2 B12.6 B6.7 B
Slightly volatile
Retained Earnings15.5 B14.8 B11 B
Slightly volatile
Cash1.9 B3.1 B3.5 B
Very volatile
Non Current Assets Total16.9 B32.8 B21.8 B
Slightly volatile
Non Currrent Assets Other1.6 B2.2 B1.4 B
Slightly volatile
Cash And Short Term Investments1.9 B3.1 B3.5 B
Very volatile
Net Receivables7.5 B7.1 B4.7 B
Slightly volatile
Common Stock Shares Outstanding210 M152 M187.5 M
Slightly volatile
Liabilities And Stockholders Equity24.1 B46.5 B31.5 B
Slightly volatile
Non Current Liabilities Total20.8 B19.8 B15.9 B
Slightly volatile
Inventory969.9 M1.1 B798.9 M
Slightly volatile
Other Current Assets2.5 B2.3 B1.1 B
Slightly volatile
Total Liabilities33.3 B31.7 B23.6 B
Slightly volatile
Total Current Assets7.2 B13.7 B9.7 B
Slightly volatile
Short Term Debt2.4 B2.3 B1.2 B
Slightly volatile
Accounts Payable1.4 B2.1 B1.7 B
Slightly volatile
Intangible Assets289.8 M305 M2.9 B
Slightly volatile
Common Stock142.5 M150 M238.4 M
Slightly volatile
Other Liabilities6.2 B3.7 BB
Pretty Stable
Other AssetsB2.2 BB
Pretty Stable
Long Term Debt8.2 B13.8 B9.1 B
Slightly volatile
Good Will15 B17.5 B14.2 B
Slightly volatile
Property Plant Equipment10.6 B10.1 B5.4 B
Slightly volatile
Current Deferred Revenue4.4 B4.2 B2.3 B
Slightly volatile
Common Stock Total Equity130.8 M137.7 M465 M
Slightly volatile
Property Plant And Equipment Gross20.4 B19.4 B8.2 B
Slightly volatile
Long Term Debt Total9.9 B13.6 B9.5 B
Slightly volatile
Non Current Liabilities Other2.7 B2.8 B6.2 B
Very volatile
Deferred Long Term Asset Charges657.9 M457.2 M656.4 M
Pretty Stable
Short and Long Term Debt1.3 B1.2 B465.1 M
Slightly volatile
Cash And Equivalents3.3 B2.3 B3.3 B
Very volatile
Net Invested Capital27.1 B28.6 B23.3 B
Slightly volatile
Long Term Investments392.3 M439.3 M367.9 M
Slightly volatile
Net Working Capital2.7 B1.8 B6.1 B
Slightly volatile
Capital Stock128.7 M150 M164.1 M
Slightly volatile
Capital Lease Obligations1.8 B1.9 B1.4 B
Slightly volatile

Northrop Grumman Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.4 B1.3 B942 M
Slightly volatile
Total Revenue21.7 B39.3 B27.5 B
Slightly volatile
Gross Profit41.3 B39.3 B10.5 B
Slightly volatile
Other Operating Expenses19.7 B36.8 B24.5 B
Slightly volatile
Operating Income2.1 B2.5 B3.3 B
Slightly volatile
EBIT2.2 B2.5 B3.4 B
Slightly volatile
EBITDA2.8 B2.5 B4.2 B
Slightly volatile
Cost Of Revenue17.3 B30.8 B21.6 B
Slightly volatile
Total Operating ExpensesBB4.2 B
Pretty Stable
Income Before Tax1.9 B2.3 B3.3 B
Slightly volatile
Net Income1.4 B2.1 B2.6 B
Slightly volatile
Income Tax Expense515.8 M290 M765.6 M
Very volatile
Selling General AdministrativeBB2.8 B
Slightly volatile
Research Development726.5 M1.4 B775.6 M
Slightly volatile
Net Income Applicable To Common Shares5.9 B5.6 B3.1 B
Slightly volatile
Discontinued Operations42.7 M28.8 M37.9 M
Slightly volatile
Selling And Marketing Expenses488.8 M549.9 M598.8 M
Slightly volatile
Tax Provision937 M884 M840.2 M
Pretty Stable
Interest Income509.7 M581.9 M420.2 M
Slightly volatile
Reconciled Depreciation1.2 B1.3 B797.2 M
Slightly volatile

Northrop Grumman Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation63.8 M87 M102.8 M
Pretty Stable
Begin Period Cash FlowB2.6 B3.5 B
Very volatile
Depreciation1.4 B1.3 B802.6 M
Slightly volatile
Capital Expenditures1.9 B1.8 B978.1 M
Slightly volatile
Total Cash From Operating Activities2.1 B3.9 B2.8 B
Slightly volatile
End Period Cash Flow2.1 B3.1 B3.5 B
Very volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Short Term Coverage Ratios1.641.721552.3838
Pretty Stable
Price Earnings Ratio36.2234.495717.8952
Slightly volatile
Price To Sales Ratio1.91.80511.4372
Slightly volatile
Dividend Yield0.03040.01570.0234
Slightly volatile
Operating Cycle95.7378.758972.089
Slightly volatile
Price Book Value Ratio5.034.79374.7236
Slightly volatile
Days Of Payables Outstanding31.0523.523928.8128
Pretty Stable
Operating Cash Flow Per Share26.8625.577616.7363
Slightly volatile
Price To Operating Cash Flows Ratio19.2218.302814.5723
Slightly volatile
Pretax Profit Margin0.05850.05970.1151
Very volatile
Inventory Turnover31.029.521227.6529
Slightly volatile
Ebt Per Ebit0.550.92470.9542
Pretty Stable
Payables Turnover10.5815.516112.9175
Very volatile
Operating Profit Margin0.06670.06460.1165
Very volatile
Effective Tax Rate0.240.12360.2445
Slightly volatile
Company Equity Multiplier2.513.14593.5682
Pretty Stable
Long Term Debt To Capitalization0.290.51450.4561
Slightly volatile
Cash Per Share21.5520.521519.3763
Pretty Stable
Total Debt To Capitalization0.340.54790.494
Slightly volatile
Return On Capital Employed0.0960.07330.1507
Slightly volatile
Debt Equity Ratio0.691.21181.1514
Slightly volatile
Ebit Per Revenue0.06670.06460.1165
Very volatile
Quick Ratio0.650.85881.0467
Very volatile
Net Income Per E B T0.610.87640.7462
Slightly volatile
Cash Ratio0.20.26030.477
Pretty Stable
Cash Conversion Cycle67.8655.23546.2675
Slightly volatile
Operating Cash Flow Sales Ratio0.0690.09860.0956
Pretty Stable
Days Of Inventory Outstanding11.7512.36414.5993
Slightly volatile
Days Of Sales Outstanding43.9666.394954.8218
Slightly volatile
Cash Flow Coverage Ratios0.210.21610.2839
Slightly volatile
Price To Book Ratio5.034.79374.7236
Slightly volatile
Current Ratio0.951.14771.298
Very volatile
Fixed Asset Turnover4.693.42525.7923
Slightly volatile
Price Cash Flow Ratio19.2218.302814.5723
Slightly volatile
Enterprise Value Multiple20.7319.742811.2538
Slightly volatile
Debt Ratio0.20.38520.3
Slightly volatile
Cash Flow To Debt Ratio0.210.21610.2839
Slightly volatile
Price Sales Ratio1.91.80511.4372
Slightly volatile
Return On Assets0.040.04420.08
Very volatile
Receivables Turnover7.695.49747.0929
Slightly volatile
Asset Turnover1.230.84410.9901
Slightly volatile
Net Profit Margin0.0410.05230.0869
Pretty Stable
Gross Profit Margin0.160.16670.2118
Slightly volatile
Price Fair Value5.034.79374.7236
Slightly volatile
Return On Equity0.130.1390.2845
Very volatile

Northrop Fundamental Market Drivers

Forward Price Earnings19.0476
Cash And Short Term Investments3.1 B

Northrop Upcoming Events

25th of April 2024
Upcoming Quarterly Report
View
25th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
23rd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Northrop Grumman Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Northrop Grumman income statement, its balance sheet, and the statement of cash flows. Northrop Grumman investors use historical funamental indicators, such as Northrop Grumman's revenue or net income, to determine how well the company is positioned to perform in the future. Although Northrop Grumman investors may use each financial statement separately, they are all related. The changes in Northrop Grumman's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Northrop Grumman's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Northrop Grumman Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Northrop Grumman. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Current Deferred Revenue4.2 B4.4 B
Total Revenue39.3 B21.7 B
Cost Of Revenue30.8 B17.3 B
Ebit Per Revenue 0.06  0.07 

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When determining whether Northrop Grumman offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northrop Grumman's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Northrop Grumman Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Northrop Grumman Stock:
Check out the analysis of Northrop Grumman Correlation against competitors.
For information on how to trade Northrop Stock refer to our How to Trade Northrop Stock guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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Is Northrop Grumman's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northrop Grumman. If investors know Northrop will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northrop Grumman listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.049
Dividend Share
7.34
Earnings Share
13.53
Revenue Per Share
259.34
Quarterly Revenue Growth
0.06
The market value of Northrop Grumman is measured differently than its book value, which is the value of Northrop that is recorded on the company's balance sheet. Investors also form their own opinion of Northrop Grumman's value that differs from its market value or its book value, called intrinsic value, which is Northrop Grumman's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northrop Grumman's market value can be influenced by many factors that don't directly affect Northrop Grumman's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northrop Grumman's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northrop Grumman is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northrop Grumman's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.