Northrop Grumman Corporation
Description
Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. The company's Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic ISR systems and vertical take-off and landing tactical ISR systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems. Its Defense Systems segment designs, develops, integrates, and produces tactical weapons and missile defense solutions, and provides sustainment, modernization, and training services for manned and unmanned aircraft and electronics systems. It also offers integrated, all-domain command, and control battle management systems, precision strike weapons; high speed air-breathing and hypersonic systems; high-performance gun systems, ammunition, precision munitions and advanced fuzes; aircraft and mission systems logistics support, sustainment, operations and modernization; and warfighter training services. The company's Mission Systems segment offers command, control, communications and computers, intelligence, surveillance, and reconnaissance systems; radar, electro-optical/infrared and acoustic sensors; electronic warfare systems; advanced communications and network systems; cyber solutions; intelligence processing systems; navigation; and maritime power, propulsion, and payload launch systems. Its Space Systems segment offers satellites, spacecraft systems, subsystems, sensors, and payloads; ground systems; missile defense systems and interceptors; launch vehicles and related propulsion systems; and strategic missiles. Northrop Grumman Corporation was founded in 1939 and is based in Falls Church, Virginia.
About
CEO
Ms. Kathy J. Warden
Employees
101,000
Instrument type
Common Stock
Sector
Industrials
Industry
Aerospace & Defense
MIC code
XNYS
Address
2980 Fairview Park Drive, Falls Church, VA 22042, United States
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![Enlarged Chart]()
Oscillators
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Summary
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Moving Averages
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Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Oct 22, 2025 | — | — | — | — |
| Jul 23, 2025 | — | — | — | — |
| Apr 23, 2025 | — | — | — | — |
| Oct 24, 2024 | 6.07 | 7.00 | 0.93 | 15.32% |
| Jul 25, 2024 | 5.93 | 6.36 | 0.43 | 7.25% |
Earnings estimate
|
Current Quarter
(Mar 2025)
|
Next Quarter
(Jun 2025)
|
Current Year
(Dec 2025)
|
Next Year
(Dec 2026)
|
|
|---|---|---|---|---|
| Number of analysts | 14 | 14 | 20 | 19 |
| Average estimate | 6.46 | 7.03 | 28.16 | 29.54 |
| Low estimate | 6.16 | 6.50 | 27.85 | 28.07 |
| High estimate | 6.88 | 7.80 | 28.75 | 31.15 |
| Last year EPS | 6.32 | 6.36 | 26.08 | 28.16 |
[stock_revenue_estimate]
Growth estimates
Current qtr (Mar 2025)
1.330%
Next qtr. (Jun 2025)
11.440%
Current year (Dec 2025)
7.970%
Next year (Dec 2026)
4.400%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Fiscal date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Total reported revenue | 41.03B | 39.29B | 36.60B | 35.67B | 36.80B |
| Cost of revenue | 32.67B | 32.74B | 29.13B | 28.40B | 29.32B |
| Gross profit | 8.36B | 6.55B | 7.47B | 7.27B | 7.48B |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 3.99B | 4.01B | 3.87B | 3.60B | 3.41B |
| Other operating expenses | — | — | — | — | — |
| Operating income | 4.37B | 2.54B | 3.60B | 3.67B | 4.07B |
| Non operating interest income | |||||
| Income | — | — | — | — | — |
| Expense | 621.00M | 545.00M | 506.00M | 556.00M | 593.00M |
| Other income expense | 1.27B | 354.00M | 2.74B | 5.82B | 256.00M |
| Pretax income | 5.02B | 2.35B | 5.84B | 8.94B | 3.73B |
| Tax provision | 842.00M | 290.00M | 940.00M | 1.93B | 539.00M |
| Net income | 4.17B | 2.06B | 4.90B | 7.01B | 3.19B |
| Basic EPS | 28.39 | 13.57 | 31.61 | 43.70 | 19.08 |
| Diluted EPS | 28.34 | 13.53 | 31.47 | 43.54 | 19.03 |
| Basic average shares | 147.00M | 151.50M | 154.90M | 160.30M | 167.10M |
| Diluted average shares | 147.00M | 151.50M | 154.90M | 160.30M | 167.10M |
| EBITDA | 7.01B | 4.23B | 7.68B | 8.75B | 5.59B |
| Net income from continuing op. | 4.17B | 2.06B | 4.90B | 7.01B | 3.19B |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Fiscal date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Total assets | 49.36B | 46.54B | 43.76B | 42.58B | 44.47B |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 4.35B | 3.11B | 2.58B | 3.53B | 4.91B |
| Other short term investments | — | — | — | — | — |
| Accounts receivable | 1.27B | 1.45B | 1.51B | 1.47B | 1.50B |
| Other receivables | 5.91B | 5.69B | 5.98B | 5.49B | 5.14B |
| Inventory | 1.46B | 1.11B | 978.00M | 811.00M | 759.00M |
| Prepaid assets | — | — | — | 1.13B | 1.40B |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | — | — | — | 1.64B |
| Hedging assets | — | — | — | — | — |
| Other current assets | 1.29B | 2.34B | 1.44B | 1.13B | — |
| Non current assets | |||||
| Properties | 1.77B | 1.82B | 1.81B | 1.66B | 1.53B |
| Land and improvements | 782.00M | 742.00M | 741.00M | 636.00M | 628.00M |
| Machinery furniture equipment | 11.17B | 10.19B | 9.30B | 8.55B | 7.81B |
| Construction in progress | — | — | — | — | — |
| Leases | 3.29B | 3.08B | 2.75B | 2.51B | 2.21B |
| Accumulated depreciation | -8.73B | -7.96B | -7.26B | -6.82B | -6.34B |
| Goodwill | 35.28B | 35.34B | 35.42B | 35.61B | 35.82B |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 254.00M | 305.00M | 384.00M | 578.00M | 783.00M |
| Investments and advances | — | — | — | — | — |
| Other non current assets | 2.83B | 2.21B | 2.76B | 2.51B | 2.22B |
| Total liabilities | 34.07B | 31.75B | 28.44B | 29.65B | 33.89B |
| Current liabilities | |||||
| Accounts payable | 2.60B | 2.11B | 2.59B | 2.20B | 1.81B |
| Accrued expenses | — | — | — | — | — |
| Short term debt | — | — | 1.07B | 6.00M | 742.00M |
| Deferred revenue | 4.07B | 4.19B | 3.61B | 3.03B | 2.52B |
| Tax payable | — | — | — | — | — |
| Pensions | 2.27B | 2.25B | 2.06B | 1.99B | 2.00B |
| Other current liabilities | 5.19B | 3.39B | 3.33B | 2.31B | 2.52B |
| Non current liabilities | |||||
| Long term debt | 16.49B | 15.68B | 13.63B | 14.37B | 15.60B |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | — | — | 132.00M | 490.00M | — |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | 2.33B | 2.84B | 2.04B | 2.00B | 2.21B |
| Shareholders equity | |||||
| Common stock | 145.00M | 150.00M | 153.00M | 156.00M | 167.00M |
| Retained earnings | 15.30B | 14.77B | 15.31B | 12.91B | 10.48B |
| Other shareholders equity | -152.00M | -128.00M | -153.00M | -143.00M | -128.00M |
| Total shareholders equity | 15.29B | 14.80B | 15.31B | 12.93B | 10.58B |
| Additional paid in capital | — | — | — | — | 58.00M |
| Treasury stock | — | — | — | — | — |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||||||||||
| Net Income | 4.17B | 2.06B | 4.90B | 7.01B | 3.19B | 2.25B | 3.23B | 2.87B | 2.04B | 1.99B | 2.07B | 1.95B | 1.98B | 2.09B | 1.92B | 1.59B | -1.35B | 1.79B | 1.54B | 1.40B | 1.08B | 758.00M | 64.00M | 427.00M | 608.00M | 483.00M | 194.00M | 407.00M | 264.00M | 277.00M | 35.00M | 96.00M | 121.00M | 268.20M | 210.40M | -80.50M |
| Depreciation | 1.37B | 1.34B | 1.34B | 1.24B | 1.27B | 1.27B | 800.00M | 475.00M | 456.00M | 467.00M | 462.00M | 495.00M | 510.00M | 544.00M | 555.00M | 736.00M | 567.00M | 719.00M | 691.00M | 754.00M | 716.00M | 635.00M | 525.00M | 645.00M | 381.00M | 389.00M | 393.00M | 418.00M | 375.00M | 290.00M | 267.00M | 211.00M | 158.00M | 171.30M | 186.60M | 220.60M |
| Deferred Taxes | -582.00M | -988.00M | -321.00M | 603.00M | 210.00M | -509.00M | 234.00M | 985.00M | — | — | — | — | — | — | — | — | 183.00M | 175.00M | 183.00M | 105.00M | 91.00M | 1.02B | -1.51B | 174.00M | 345.00M | 230.00M | 112.00M | 188.00M | 126.00M | 86.00M | 78.00M | 26.00M | 48.00M | -20.30M | 93.30M | -34.00M |
| Stock-Based Compensation | 101.00M | 87.00M | 99.00M | 94.00M | 90.00M | 127.00M | 86.00M | 94.00M | 93.00M | 99.00M | 134.00M | 144.00M | 183.00M | 140.00M | 136.00M | 105.00M | 118.00M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | -68.00M | 1.41B | -90.00M | -129.00M | -910.00M | -330.00M | -29.00M | -43.00M | -125.00M | -36.00M | -69.00M | 34.00M | -12.00M | 66.00M | -31.00M | -450.00M | 36.00M | 182.00M | 214.00M | 239.00M | 165.00M | 53.00M | 152.00M | -62.00M | 12.00M | 20.00M | 28.00M | 16.00M | 6.00M | -8.00M | 269.00M | -15.00M | -29.00M | 36.60M | -54.30M | 3.20M |
| Accounts Receivable | -33.00M | 301.00M | -690.00M | -424.00M | -125.00M | -213.00M | -95.00M | -631.00M | -165.00M | -30.00M | -105.00M | 171.00M | 90.00M | 350.00M | -471.00M | 297.00M | -378.00M | -6.49B | -2.21B | -5.32B | -5.67B | -5.39B | -771.00M | 1.30B | -679.00M | 170.00M | 1.21B | -81.00M | -111.00M | 186.00M | 209.00M | -4.00M | 339.00M | 1.06B | -1.09B | -1.21B |
| Accounts Payable | -513.00M | 519.00M | 572.00M | 376.00M | 719.00M | 617.00M | 381.00M | 570.00M | 18.00M | -632.00M | -89.00M | -169.00M | 23.00M | -341.00M | 70.00M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | -358.00M | -220.00M | -205.00M | -52.00M | -1.66B | -838.00M | -1.12B | -921.00M | -488.00M | 229.00M | 175.00M | -52.00M | 53.00M | -465.00M | -329.00M | -154.00M | 150.00M | 6.41B | -913.00M | 42.00M | -88.00M | -1.39B | 2.71B | -759.00M | 671.00M | 159.00M | -1.55B | -282.00M | -47.00M | -50.00M | -149.00M | 94.00M | -310.00M | -1.03B | 1.23B | 1.11B |
| Operating Cash Flow | 4.09B | 4.51B | 5.60B | 8.71B | 2.78B | 2.37B | 3.49B | 3.40B | 1.83B | 2.09B | 2.58B | 2.58B | 2.83B | 2.38B | 1.85B | 2.13B | -677.00M | 2.79B | -492.00M | -2.78B | -3.70B | -4.30B | 1.17B | 1.72B | 1.34B | 1.45B | 390.00M | 666.00M | 613.00M | 781.00M | 709.00M | 408.00M | 327.00M | 487.50M | 576.60M | 9.50M |
| Investing Activities | ||||||||||||||||||||||||||||||||||||
| Capital Expenditures | — | — | 155.00M | 84.00M | 205.00M | — | — | — | — | — | — | — | — | -488.00M | -770.00M | -654.00M | -681.00M | -663.00M | -716.00M | -756.00M | -519.00M | 3.06B | -348.00M | -289.00M | 438.00M | -393.00M | -198.00M | -113.00M | -2.98B | -124.00M | -117.00M | -124.00M | -118.00M | -114.80M | 130.90M | -172.50M |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — | — | — | -6.00M | -68.00M | -110.00M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | — | — | — | 3.40B | — | — | -7.66B | — | — | — | — | — | — | 1.43B | — | 1.62B | 83.00M | -690.00M | 43.00M | -361.00M | — | -66.00M | — | -3.06B | -510.00M | — | — | — | — | — | — | — | — | — | — | — |
| Purchase of Investments | — | — | — | — | — | — | — | — | — | — | — | — | — | -450.00M | -2.00M | — | — | — | -35.00M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Sale of Investments | — | 197.00M | — | — | — | — | — | — | — | — | — | — | 250.00M | 200.00M | — | — | 21.00M | — | 209.00M | 238.00M | 23.00M | — | 29.00M | — | — | — | — | — | 9.00M | 1.00M | 28.00M | — | — | 100,000 | — | — |
| Investing Cash Flow | 18.00M | 193.00M | 194.00M | 3.47B | 209.00M | 57.00M | -7.63B | 39.00M | 115.00M | 40.00M | -84.00M | 18.00M | 247.00M | 747.00M | -756.00M | 935.00M | -516.00M | -1.43B | -601.00M | -855.00M | 9.00M | 2.94B | -145.00M | -3.20B | -78.00M | -392.00M | -235.00M | -113.00M | -2.99B | -144.00M | -1.96B | -123.00M | -165.00M | -123.10M | 128.70M | -144.70M |
| Financing Activities | ||||||||||||||||||||||||||||||||||||
| Long-Term Debt Issuance | 2.50B | 2.00B | — | — | 2.24B | — | — | 8.25B | 749.00M | 600.00M | — | 2.84B | — | — | 1.48B | 843.00M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Long-Term Debt Payments | — | -1.05B | — | -2.24B | -1.11B | -729.00M | -2.60B | -13.00M | -186.00M | — | — | -877.00M | — | -768.00M | -1.01B | -486.00M | -115.00M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Financing Charges | -190.00M | -90.00M | -57.00M | -78.00M | -123.00M | -71.00M | -113.00M | -190.00M | -162.00M | -90.00M | -4.00M | 103.00M | 155.00M | 11.00M | 20.00M | 2.00M | 48.00M | 52.00M | 57.00M | — | — | -117.00M | — | -64.00M | — | — | 5.00M | -6.00M | -107.00M | — | -9.00M | — | — | — | — | — |
| Financing Cash Flow | -1.40B | -1.76B | -2.61B | -7.00B | -510.00M | -2.65B | -4.60B | 6.96B | -1.79B | -3.28B | -3.24B | -849.00M | -1.70B | -3.60B | -1.23B | -1.29B | -2.05B | -1.35B | -777.00M | -1.41B | -274.00M | -589.00M | -129.00M | 603.00M | -95.00M | -105.00M | -68.00M | -91.00M | 308.00M | -74.00M | -81.00M | -36.00M | -52.00M | -55.80M | -56.30M | -56.40M |
| Other Cash Details | ||||||||||||||||||||||||||||||||||||
| End Cash Position | 4.35B | 3.11B | 2.58B | 3.53B | 4.91B | 2.25B | 1.58B | 11.23B | 2.54B | 2.32B | 3.86B | 5.15B | 3.86B | 3.00B | 3.70B | 3.28B | 1.50B | 963.00M | 1.02B | 1.61B | 1.23B | 294.00M | 1.38B | 464.00M | 319.00M | 142.00M | 44.00M | 63.00M | — | — | — | — | — | — | — | — |
| Income Tax Paid | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Interest Paid | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | 2.62B | 2.10B | 1.47B | 2.15B | 2.89B | 3.03B | 2.58B | 1.69B | 1.89B | 1.69B | 2.03B | 2.12B | 2.31B | 1.62B | 1.87B | 1.41B | 2.42B | 2.21B | 1.02B | 1.80B | 1.26B | 161.00M | 1.16B | 424.00M | 736.00M | 774.00M | -17.00M | 492.00M | -2.34B | 614.00M | 307.00M | 246.00M | 161.00M | 492.00M | 144.90M | -108.20M |
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