Revenue segments as reported by the company.

Product

Service

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

General and administrative expenses

Gain on sale of business

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Northrop Grumman

Northrop Grumman Corp. engages in the provision of advanced aircraft systems. It operates through the following segments: Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems. The Aeronautics Systems segment is involved in the design, development, production, integration, sustainment, and modernization of advanced aircraft systems for the U.S. Air Force, the U.S. Navy, other U.S. government agencies, and international customers. The Defense Systems segment includes integrated battle management systems, weapons systems and aircraft, and mission systems sustainment and modernization. The Mission Systems segment offers advanced mission solutions and multifunction systems, primarily for the U.S. defense and intelligence community, and international customers. The Space Systems segment delivers end-to-end mission solutions through the design, development, integration, production and operation of space, missile defense, launch and strategic missile systems for national security, civil government, commercial, and international customers. The company was founded by John K. Northrop, Thomas V. Jones, and Kent Kresa in 1939 and is headquartered in Falls Church, VA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Northrop Grumman reports robust Q4 performance and eyes international growth

Northrop Grumman's Q4 2022 earnings call highlighted strong performance, notable achievements, and optimistic growth expectations for 2023. Despite challenges like inflationary pressures and upfront investments impacting free cash flow, the company remains focused on delivering value to shareholders and capitalizing on international opportunities for growth.

Northrop Grumman reports strong Q1 earnings, eyes international growth

Northrop Grumman's Q1 performance showed sales growth and strong earnings, with a positive outlook for the future.
The company's focus on investments in weapons portfolio capacity, hypersonic technology, and space exploration positions it for continued success.
Challenges in the defense sector are being addressed through competitive strategies and a shift towards fixed price contracts.
Opportunities in international markets, missile defense capabilities, and strategic partnerships offer avenues for future growth and expansion.

Northrop Grumman excels in Q2, eyes margin expansion in 2024

Northrop Grumman's Q2 performance reflects strong sales growth and operational efficiency enhancements, underpinned by a proactive approach to challenges and a focus on margin expansion.
The company's strategic capital deployment and growth opportunities in the Space segment position it well for sustained success and shareholder value creation.
Anticipated margin expansion in 2024, alongside disciplined cost management and market tailwinds, bode well for Northrop Grumman's future growth trajectory.

Northrop Grumman reports robust Q3 results, eyes international growth opportunities

Northrop Grumman's Q3 performance reflects financial strength and operational excellence, driven by robust sales growth, profitability, and cash flow generation. While facing challenges in meeting increased demand and navigating tax implications, the company is well-positioned to capitalize on international growth opportunities and maintain its competitive edge in the defense sector.

Northrop Grumman exceeds revenue expectations, addresses B-21 program challenges

Northrop Grumman delivered strong financial performance in 2023, surpassing revenue guidance and demonstrating operational resilience. While facing challenges in the B-21 program, the company remains focused on driving growth, improving margins, and enhancing shareholder value through strategic investments and disciplined decision-making.

Northrop Grumman reports robust Q1 performance and eyes global growth

Northrop Grumman's Q1 performance showcased strong sales growth, margin improvement, and operational efficiency.
The company's focus on global demand, investments in technology, and capital deployment strategy position it for continued success.
Challenges include program timing issues and supply chain concerns, but opportunities in defense technologies and international markets offer growth potential.
Overall, Northrop Grumman's strategic initiatives and financial performance in Q1 2024 indicate a positive outlook for the year.

Northrop Grumman excels in Q2 2024, eyes international growth

Northrop Grumman's Q2 2024 performance reflects robust financial metrics, strategic portfolio alignment with defense priorities, and a focus on sustainable growth. Despite potential challenges in international markets and evolving defense landscapes, the company's strong operational performance and investment strategies signal resilience and growth potential.

Northrop Grumman's Q3 performance reflects operational strength, profitability, and strategic positioning for future growth.
The company's focus on margin expansion, program execution, and international sales growth underscores its commitment to sustained success.
While challenges persist in a competitive landscape, Northrop Grumman remains optimistic about capitalizing on opportunities for growth and performance.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Boeing

Planet Labs

Space exploration is big business and getting bigger. The market for space exploration is valued at about $500 billon today but is forecast to reach $1.88 trillion by 2032, according to market research firm Spherical Insights.

3 Space Stocks to Invest in for the Next Era of Exploration

General Dynamics

L3Harris

Lockheed Martin

Raytheon Technologies

When war breaks out, defense companies tend to make money. That means aerospace and defense stocks tend to rise during geopolitical unrest.

What the Israel-Hamas war means for defense stocks

JPMorgan Chase & Co

Lennar

Microsoft

Palantir Technologies

Schlumberger

Walmart

Congress averted disaster by passing a short-term spending bill a couple of weeks ago, which averted a government shutdown. With the crisis averted and the choppiness in the financial markets, investors can now breathe a sigh of relief and hope for a more prosperous road ahead.

7 Stocks to Buy Now That the Oct. 1 Government Shutdown Was Avoided

Embraer

Investors interested in stocks from the Aerospace - Defense sector have probably already heard of Embraer (ERJ) and Northrop Grumman (NOC). But which of these two stocks offers value investors a better bang for their buck right now?

ERJ or NOC: Which Is the Better Value Stock Right Now?

Last year, total military expenditure increased 3.7% on a year-on-year basis to $2.24 trillion. Further, military spending in Europe saw the steepest increase on a year-on-year basis in the last 30 years.

3 Defense Stocks to Buy as Geopolitical Tensions Intensify

The bloody attack on Israel and inevitable retaliation have turned defense stocks into a gauge of the geopolitical risks perceived by financial markets. For now, it is flashing amber rather than red.

What Defense Stocks Are Saying about a More Violent World

One of the effects of the battle between Hamas and Israel is that companies that make weapons have had a dramatic uptick in their stock prices.

War Stock Northrop Grumman Surges

Northrop Grumman has seen a 12% increase in its share price in the past month, making it one of the best performers in my portfolio. The company's focus on high-tech capabilities and innovation sets it apart from its competitors in the defense industry. Northrop Grumman expects strong growth in areas like nuclear modernization and space programs, supported by a robust backlog and international contracts.

I Just Made Northrop Grumman My Second-Largest Investment

Despite having plunged more than 10% through September and into October, the iShares U.S. Aerospace & Defense ETF BATS: ITA has been bouncing back hard this week.

Defense Stocks Are Heating Up: Here's the Top 3

Huntington Ingalls Industries

Wall Street analysts generally feel the direct impact of the conflict on defense stocks will be small, but will improve the way investors view the sector.

Israel-Hamas War to Change Sentiment on Defense Stocks

iShares U.S. Aerospace & Defense ETF

“History shows” war stocks' rally immediately after geopolitical shocks generally fall flat, according to Bernstein analysts.

U.S. Defense Stocks Surge Nearly $30 Billion After Hamas Attack—Don't Count On It Lasting, Analysts Say

The International Space Station will be shut down in early 2031. Over the past week, two leading candidates to replace the ISS are dropping out of the competition.

America's Plans for an ISS Replacement Are in Peril

Northrop Grumman (NOC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

Northrop Grumman (NOC) Surges 11.4%: Is This an Indication of Further Gains?

After reaching an important support level, Northrop Grumman (NOC) could be a good stock pick from a technical perspective. NOC surpassed resistance at the 200-day moving average, suggesting a long-term bullish trend.

Northrop Grumman (NOC) Recently Broke Out Above the 200-Day Moving Average

Northrop Grumman (NOC) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, NOC broke out above the 50-day moving average, suggesting a short-term bullish trend.

Northrop Grumman (NOC) Just Reclaimed the 50-Day Moving Average

Northrop Grumman (NOC) is set to provide for the modification of Next Generation Overhead Persistent Infrared Polar Space Vehicles, thus strengthening its revenue generation prospects.

Northrop (NOC) Secures Deal for Next-Gen OPIR Polar Vehicles

Lockheed Martin, General Dynamics and L3Harris rose further in early Tuesday trading after a jump on Monday.

Lockheed Martin, Other Defense Stocks Tick Higher Amid Middle East Violence

Apple

Applied Materials

Amphenol

Costco

Graco

Home Depot

Intuit

Jack Henry & Associates

Lowe's

Mastercard

Monolithic Power Systems

Roper Technologies

Charles Schwab

Sherwin-Williams

Tractor Supply

Visa

Vanguard Dividend Appreciation ETF

There are 18 stocks on my dividend growth watchlist for October 2023. More than half of the stocks on my watchlist are undervalued based on dividend yield theory. An equally weighted portfolio of these stocks would have outperformed the Vanguard Dividend Appreciation ETF by nearly 7% year-to-date.

Dividend Growth Stock Watchlist - October 2023

Japan and South Korea returned to trade today after a public holiday on Monday.

Japan and South Korea defense stocks jump after Hamas attack, aviation stocks slide

The attacks on Israel by Palestinian group Hamas is the center of global news today.

Markets Gain on Fed Statements, Higher Oil & Defense

United States Brent Oil Fund LP

Invesco DB Oil Fund

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares

iShares U.S. Oil & Gas Exploration & Production ETF

VanEck Vectors Oil Services ETF

iPath Pure Beta Crude Oil ETN

Invesco Dynamic Oil & Gas Services ETF

ProShares Ultra Bloomberg Crude Oil

United States Oil Fund LP

Energy Select Sector SPDR Fund

SPDR S&P Oil & Gas Exploration & Production ETF

Havens such as gold and global bonds jump, while airline stocks slide.

Oil Prices, Defense Stocks Rise as Israel-Hamas Conflict Rattles Markets

Northrop Grumman Corporation had its best trading day versus the S&P 500 since the first trading session following 9/11, reaching multi-month highs, on Monday. The aerospace and defense industry rallied due to the conflict in Israel. I have a hold rating on Northrop Grumman due to fair valuation and potential overhead supply on the chart.

Northrop Grumman: Shares Up After Terrorist Attacks On Israel, Near Fair Value

Defense sector stocks rose Monday, after war broke out between Israel and Hamas this weekend. Northrop Grumman led the sector, with General Dynamics, Lockheed Martin, and RTX also surging.

Defense stocks jump as war rages between Israel and Hamas

Northrop Grumman, Lockheed Martin and other defense stocks rose on speculation the attack on Israel by Hamas terrorists that left thousands dead will boost demand for weapons.

Israel war boosts Lockheed Martin, Northrop Grumman, other defense stocks

Israel, U.S. prepare counteroffensive following Hamas terrorist attack. Defense stocks spike on mobilization efforts.

News for Northrop Grumman Stock (NOC)