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Companies / Industrials / Northrop Grumman
NOC

Northrop Grumman

IndustrialsMedical InstrumentsS&P 500
Ticker NOCFALLS CHURCH, VAFiscal year ends DecemberBook value per share $131.20Diluted shares 142.4M

Northrop Grumman Corporation (NYSE: NOC) is an aerospace and defense technology company serving U.S. and international customers, principally the U.S. Department of War and intelligence community. It develops and produces space systems, military aircraft, missile defense, advanced weapons, strategic deterrence… From the company’s description.

In fiscal 2025, Northrop Grumman reported revenue of $41.95B, up 2.2% from fiscal 2024, and net income of $4.18B. Its operating margin was 10.8%, and operations generated $4.76B in cash. Over the twelve months to Sep 30, 2026, revenue was $43.59B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$41.95BFY2025
+2.2% year over year
Last 12 mo $43.59B
10.75%FY2025
+0.1 percentage points
Last 12 mo 10.61%
$4.18BFY2025
+0.2% year over year
Last 12 mo $4.52B
25.08%FY2025
−2.2 percentage points
Last 12 mo 24.19%
Cash & financing
$4.76BFY2025
+8.4% year over year
Last 12 mo $5.27B
$3.31BFY2025
+26.2% year over year
Last 12 mo $3.83B
0.91FY2025
Was 0.96× a year earlier
Last 12 mo 0.77
143.8MFY2025
−2.4% year over year
Last 12 mo 142.4M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Northrop Grumman does

In the company’s own words

Northrop Grumman Corporation (NYSE: NOC) is an aerospace and defense technology company serving U.S. and international customers, principally the U.S. Department of War and intelligence community. It develops and produces space systems, military aircraft, missile defense, advanced weapons, strategic deterrence systems, mission systems, communications and cyber capabilities, as well as related integration, modernization and sustainment services. The U.S. government accounted for 84% of sales in 2025. Its four reportable segments are Aeronautics Systems, covering military aircraft; Defense Systems, focused on strategic deterrence, weapons and missile defense; Mission Systems, providing sensors, communications, electronic warfare and cyber solutions; and Space Systems, producing spacecraft, satellites, launch and missile defense systems. The company’s programs include the B-21 Raider, F-35 systems, Sentinel, Cygnus spacecraft and solid rocket motors. Northrop Grumman reported 2025 sales of $42.0 billion and approximately 95,000 employees at year-end. Its present business reflects acquisitions including Grumman in 1994 and Orbital ATK in 2018, as well as the 2011 shipbuilding spin-off. Its website is www.northropgrumman.com.

Company details
Sector
Industrials
Industry (SIC)
Medical Instruments
Headquarters
FALLS CHURCH, VA
Fiscal year end
December
CIK
1133421
SIC
3812

Financial performance, year by year

Fiscal 2013–2025 · USD
$-4.36B$8.72B$21.80B$34.87B$47.95B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Northrop Grumman — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

849
funds hold it
0 of 35
superinvestors hold it
$30.90B
held by funds, at market
40.3%
of shares held by funds
18
bond issues held by funds

Largest fund holders · Northrop Grumman’s weight in each

—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.10%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.11%of fund net assets
Fidelity 500 Index Fund
FXAIX · Fidelity Concord Street Trust
0.12%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.11%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Northrop Grumman’s bonds, as funds hold them

Funds report holding 18 issues of Northrop Grumman’s debt, $2.10B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.47%, maturing 2027 to 2054.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Northrop Grumman and its peers compare on margins and cash generation over ten years?”
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