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NORTHROP GRUMMAN CORP /DE/

CIK: 1133421 SIC: 3812
$41.95B
Revenue
$4.18B
Net Income
19.81%
Gross Margin
10.75%
Op. Margin
$1.04B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 10 of 17 annual reports available (2009 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
+ Total Revenue $41.95B $41.95B $41.03B $39.29B $36.60B $35.67B $36.80B $33.84B $30.09B $26.00B $24.71B
Revenue Growth % 0.0% 2.2% 4.4% 7.3% 2.6% -3.1% 8.7% 12.4% 15.7% 5.3% nan%
Cost of Revenue $33.64B $33.64B $32.67B $32.74B $29.13B $28.40B $29.32B $26.58B $23.30B $40.15B $37.59B
+ Gross Profit $8.31B $8.31B $8.36B $6.55B $7.47B $7.27B $7.48B $7.26B $6.79B $-14.14B $-12.89B
Gross Margin % 19.8% 19.8% 20.4% 16.7% 20.4% 20.4% 20.3% 21.5% 22.6% -54.4% -52.2%
Operating Expenses $37.67B $37.67B $36.66B $36.75B $33.00B $32.00B $32.73B $29.87B - - -
Research & Development - $1.10B $1.10B $1.20B - - - - - - -
+ Operating Income $4.51B $4.51B $4.37B $2.54B $3.60B $5.65B $4.07B $3.97B $3.78B $3.30B $3.19B
Operating Margin % 10.8% 10.8% 10.6% 6.5% 9.8% 15.8% 11.0% 11.7% 12.6% 12.7% 12.9%
Interest Expense $665.00M $665.00M $621.00M $545.00M $506.00M $556.00M $593.00M $528.00M $562.00M $360.00M $301.00M
Other Income/Expense $154.00M $154.00M $168.00M $246.00M $4.00M $19.00M $92.00M $107.00M $130.00M $110.00M $31.00M
Income Before Tax $5.07B $5.07B $5.02B $2.35B $5.84B $8.94B $3.73B $2.55B $3.74B $3.05B $2.92B
Income Tax Expense $886.00M $886.00M $842.00M $290.00M $940.00M $1.93B $539.00M $300.00M $513.00M $1.03B $723.00M
+ Net Income $4.18B $4.18B $4.17B $2.06B $4.90B $7.00B $3.19B $2.25B $3.23B $2.02B $2.20B
Net Margin % 10.0% 10.0% 10.2% 5.2% 13.4% 19.6% 8.7% 6.6% 10.7% 7.7% 8.9%
Basic EPS nan 29.14 28.39 13.57 31.61 43.70 19.08 13.28 18.59 11.55 12.30
Diluted EPS nan 29.08 28.34 13.53 31.47 43.54 19.03 13.22 18.49 11.47 12.19
Basic Shares Outstanding -300K 143.5M 147.0M 151.5M 154.9M 160.3M 167.1M 169.3M 173.7M 174.4M 178.9M
Diluted Shares Outstanding -300K 143.8M 147.3M 152.0M 155.6M 160.9M 167.6M 170.0M 174.6M 175.6M 180.5M
Breakdown FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Cash & Cash Equivalents $4.40B $4.35B $3.11B $2.58B $3.53B $4.91B $2.25B $1.58B $11.22B $2.54B
Accounts Receivable $1.38B $1.27B $1.45B $1.51B $1.47B $1.50B $1.33B $1.45B $1.05B -
Inventory $1.31B $1.46B - - $811.00M $759.00M $783.00M $654.00M $780.00M $816.00M
Other Current Assets $1.66B $1.29B $2.34B $1.44B $1.13B $1.40B $997.00M $973.00M $368.00M $200.00M
Total Current Assets $15.29B $14.27B $13.71B $12.49B $12.43B $15.34B $10.69B $9.68B $16.35B $6.86B
Property Plant & Equipment $10.97B $10.54B $9.65B $8.80B $7.89B $7.07B $6.91B $6.37B $4.22B $3.59B
Goodwill $17.44B $17.51B $17.52B $17.52B $17.52B $17.52B $18.71B $18.67B $12.46B $12.45B
Intangible Assets $208.00M $254.00M $305.00M $384.00M $578.00M $783.00M $1.04B $1.37B $52.00M -
Other Non-current Assets $1.60B $1.23B $2.52B $2.59B $2.31B $1.91B $1.73B $1.46B $1.41B $1.26B
Total Assets $51.38B $49.36B $46.54B $43.76B $42.58B $44.47B $41.09B $37.65B $34.92B $25.61B
Accounts Payable $3.24B $2.60B $2.11B $2.59B $2.20B $1.81B $2.23B $2.18B $1.66B $1.55B
Deferred Revenue $4.09B $4.07B $4.19B $3.61B $3.03B $2.52B $2.24B $1.92B - -
Other Current Liabilities $4.25B $5.19B $3.39B $3.33B $2.31B $3.00B $3.11B $2.50B $2.31B $1.26B
Total Current Liabilities $13.88B $14.13B $11.94B $11.59B $9.53B $9.58B $9.43B $8.27B $6.96B $5.63B
Long-term Debt $15.70B $14.69B $13.79B $11.80B $12.78B $14.26B $12.77B $13.88B $14.40B $7.06B
Other Non-current Liabilities $2.69B $2.33B $2.84B $1.91B $2.00B $2.21B $1.78B $1.45B $994.00M $849.00M
Total Liabilities $34.70B $34.07B $31.75B $28.44B $29.65B $33.89B $32.27B $29.47B $27.87B $20.36B
Common Stock $142.00M $145.00M $150.00M $153.00M $156.00M $167.00M $168.00M $171.00M $174.00M $175.00M
Retained Earnings $16.66B $15.30B $14.77B $15.31B $12.91B $10.48B $8.75B $8.07B $11.55B $10.63B
Total Stockholders Equity $16.67B $15.29B $14.79B $15.31B $12.93B $10.58B $8.82B $8.19B $7.05B $5.26B
Total Liabilities & Equity $51.38B $49.36B $46.54B $43.76B $42.58B $44.47B $41.09B $37.65B $34.92B $25.61B
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Net Income $4.18B $4.18B $4.17B $2.06B $4.90B $7.00B $3.19B $2.25B $3.23B $2.02B $2.20B
Depreciation & Amortization $1.47B $1.47B $1.37B $1.34B - $1.24B $1.27B $1.02B $800.00M $475.00M $456.00M
Stock-based Compensation $179.00M $119.00M $101.00M $87.00M $99.00M $94.00M $90.00M $127.00M $86.00M $94.00M $93.00M
Change in Receivables $1.58B $108.00M $-182.00M $-54.00M $44.00M $10.00M $285.00M $-122.00M $-202.00M $677.00M $461.00M
Change in Inventory $130.00M $-97.00M $358.00M $220.00M $205.00M $52.00M $-18.00M $135.00M $37.00M $-36.00M $15.00M
Change in Payables - $646.00M $485.00M $-469.00M - - - - - - -
Operating Cash Flow $2.50B $4.76B $4.39B $3.88B $2.90B $3.57B $4.30B $4.30B $3.83B $2.61B $2.81B
Capital Expenditure $1.45B $1.45B $1.77B $1.77B $1.44B $1.42B $1.42B $1.26B $1.25B $928.00M $920.00M
Acquisitions - - - - - - - - $7.66B - -
Investing Cash Flow $-1.60B $-1.16B $-1.75B $-1.58B $-1.24B $2.06B $-1.21B $-1.21B $-8.88B $-889.00M $-805.00M
Debt Repayment $4.50B $1.50B - $1.05B - $2.24B $1.03B $500.00M $2.28B - $321.00M
Stock Repurchased $3.00B $1.62B $2.51B $1.50B $1.50B $3.71B $490.00M $744.00M $1.26B $393.00M $1.55B
Dividends Paid $2.23B $1.29B $1.19B $1.12B $1.05B $983.00M $953.00M $880.00M $821.00M $689.00M $640.00M
Financing Cash Flow $-5.97B $-3.55B $-1.40B $-1.76B $-2.61B $-7.00B $-432.00M $-2.42B $-4.59B $6.96B $-1.79B
Net Change in Cash $-5.07B $50.00M $1.24B $532.00M $-953.00M $-1.38B $2.66B $666.00M $-9.65B $8.68B $222.00M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $10.42B $10.00B $30.24B $30.35B
Operating Expenses $9.18B $8.88B $27.23B $27.07B
Operating Income $1.24B $1.12B $3.24B $3.28B
Interest Expense $161.00M $161.00M $490.00M $461.00M
Other Income/Expense $106.00M $61.00M $175.00M $142.00M
Income Before Tax $1.32B $1.19B $3.33B $3.46B
Income Tax Expense $223.00M $162.00M $573.00M $555.00M
Net Income $1.10B $1.03B $2.75B $2.91B
Basic EPS 7.69 7.02 19.16 19.73
Diluted EPS 7.67 7.00 19.12 19.69
Basic Shares Outstanding $143.10M $146.20M $143.80M $147.50M
Diluted Shares Outstanding $143.50M $146.50M $144.10M $147.80M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $1.96B $4.35B
Accounts Receivable $1.98B $1.27B
Other Current Assets $1.52B $1.29B
Total Current Assets $14.11B $14.27B
Property Plant & Equipment $10.54B $10.54B
Goodwill $17.44B $17.51B
Intangible Assets $220.00M $254.00M
Other Non-current Assets $1.46B $1.23B
Total Assets $49.30B $49.36B
Accounts Payable $2.80B $2.60B
Deferred Revenue $3.56B $4.07B
Other Current Liabilities $4.41B $5.19B
Total Current Liabilities $12.72B $14.13B
Long-term Debt $15.16B $14.69B
Other Non-current Liabilities $2.54B $2.33B
Total Liabilities $33.31B $34.07B
Common Stock $143.00M $145.00M
Retained Earnings $15.97B $15.30B
Total Stockholders Equity $15.99B $15.29B
Total Liabilities & Equity $49.30B $49.36B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $1.10B $1.03B $2.75B $2.91B
Depreciation & Amortization $379.00M $331.00M $1.07B $956.00M
Stock-based Compensation - - $65.00M $72.00M
Change in Receivables - - $716.00M $155.00M
Change in Inventory - - $179.00M $542.00M
Operating Cash Flow - - $860.00M $1.81B
Capital Expenditure $301.00M $361.00M $788.00M $951.00M
Investing Cash Flow - - $-491.00M $-951.00M
Debt Repayment - - $1.50B -
Stock Repurchased - - $1.17B $2.07B
Dividends Paid - - $964.00M $887.00M
Financing Cash Flow - - $-2.77B $-642.00M
Net Change in Cash - - $-2.40B $217.00M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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