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

Northrop Grumman (NOC) is set to provide for the installation of MQ-4C Triton ground segments mobile operating base (MOB).

Northrop Grumman (NOC) Secures Contract to Aid MQ-4C Triton

Leonardo DRS Inc

Lockheed Martin

Last year, global military expenditure increased by 3.7% in real terms to touch new highs of $2.24 trillion. It's noteworthy that military spending in Europe witnessed the steepest year-on-year increase in the last 30 years.

3 Defense Stocks to Buy and Hold Until 2030

Archer-Daniels-Midland Company

Colgate-Palmolive

Jack in the Box

Lowe's

Mondelez

Microsoft

Although the market ended last Friday on a positive note, that might not be enough to dismiss the concept of defensive stocks to buy. Yes, CNBC reported that with the Dow Jones closing more than 100 points to kick off September, the index notched its best week since July.

7 Defensive Stocks to Buy as the Market Suffers Indigestion

Orbital debris is posing an increasing danger to rockets and satellites in Earth's orbit. The European Space Agency and NASA are researching how this space trash might be cleaned up.

Cleaning Up Space Trash: A Billion-Dollar Opportunity?

With 58 launches year to date, SpaceX is America's biggest rocket launcher by a mile. But when it comes to building satellites for the military, SpaceX rivals Northrop Grumman and Lockheed Martin are at the head of the class.

SpaceX Dominates Space Launch, But Northrop and Lockheed Still Have a Future in Space

Northrop (NOC) is set to offer maintenance support equipment for the E-2D Hawkeye aircraft system.

Northrop (NOC) Wins Contract to Support E-2D Hawkeye Aircraft

Northrop (NOC) is set to provide retrofit of two MQ-4C Triton unmanned aircraft systems and one main operating base to an Integrated Functional Capability Four, multiple-intelligence configuration.

Northrop (NOC) Wins $83M Contract to Support MQ-4C Triton UAS

FALLS CHURCH, Va., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) will participate in the 11th Annual Morgan Stanley Laguna Conference on Wednesday, Sept. 13. Kathy Warden, chair, chief executive officer and president, and Dave Keffer, corporate vice president and chief financial officer, will present beginning at 11:10 a.m. Eastern time. The presentation will be webcast live at http://investor.northropgrumman.com .

Northrop Grumman to Participate in the 11th Annual Morgan Stanley Laguna Conference

Northrop's (NOC) business unit, Aeronautics Systems, secures a $29.1 million deal to support E-2D Advanced Hawkeye aircraft production.

Northrop (NOC) Wins Deal to Support Hawkeye Jet Production

EchoStar

Virgin Galactic

The National Association for Business Economics (NABE) latest survey reveals that nearly seven in 10 economists have confidence in the Federal Reverse's ability to achieve a soft landing for the United States economy. There has been optimism among economists that the U.S. economy will recover in the foreseeable future.

Don't Sleep on These 3 Space Stocks That Will Mint Millionaires

Pentagon just awarded contracts worth $1.5 billion to Lockheed Martin Corp (NYSE: LMT) and Northrop Grumman Corp (NYSE: NOC). Shares of both companies are in the green at writing.

Lockheed and Northrop win $1.5 billion worth of Pentagon contracts

The Pentagon's Space Development Agency on Monday awarded $1.5 billion in contracts to Lockheed Martin and Northrop Grumman.

Pentagon space arm awards $1.5 billion contract to Lockheed Martin and Northrop Grumman for communications satellites

WASHINGTON, Aug. 21, 2023 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has been selected by the Space Development Agency (SDA) to design and build 36 data transport satellites, the first space vehicles in the latest generation of its low-Earth orbit Proliferated Warfighter Space Architecture (PWSA). The team will now update the company's Tranche 1 design to add new broadcast and tactical communications capabilities to PWSA.

Northrop Grumman Selected to Build Tranche 2 Transport Layer-Beta Data Transport Satellites

Rocket Lab USA

Firefly Aerospace is entering the space tug market with three new offerings: Elytra Dawn, Elytra Dusk, and Elytra Dark. There's just one problem: Northrop Grumman and Rocket Lab already have space tugs in orbit.

The Space Tug Market Is Heating Up, and This Company Could Give Rocket Lab and Northrop Grumman a Run for Their Money

Northrop Grumman gets a buy rating today, agreeing with the consensus from analysts and Wall Street. Positives: capital strength, dividend yield vs. sector, valuation vs. sector, share price vs the 200-day average. Headwinds: earnings growth YoY needs improvement.

Northrop Grumman: 4 Reasons To Buy This Leading Defense Contractor

Northrop (NOC) is set to provide design agent engineering of SEWIP Block 3 systems.

Northrop (NOC) Wins Contract to Aid SEWIP Block 3 Systems

The U.S. Air Force will invest $235 million to help a startup manufacturer build a jet with a blended-wing body that officials say could provide greater range and efficiency for military tankers and cargo planes and perhaps eventually be used to carry airline passengers.

Air Force awards $235 million to JetZero to build prototype of sleek new plane

(2023-08-10) Northrop Grumman Corporation (NYSE: NOC) has awarded Kitron a sub-contract for production of AN/ASQ-242 Integrated Communications, Navigation, and Identification (CNI) modules for the F-35 Lightning II-program. Deliveries will secure a backlog into 2025 and have a total value of more than USD 13 million.

Kitron: Northrop Grumman Awards Contracts to Kitron

Team remains on track for first static test fire of an NGI motor in 2023 Team remains on track for first static test fire of an NGI motor in 2023

Northrop Grumman Completes First Next Generation Interceptor Solid Rocket Motor Booster Cases

WASHINGTON, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has delivered two major components of the Arctic Satellite Broadband Mission (ASBM) and has started the next phase of pre-launch preparations. This two-satellite constellation will deliver protected satellite communications to the Northern polar region – one of the most difficult locations on earth to deliver communications.

Northrop Grumman Achieves Key Milestone in Arctic Satellite Broadband Mission

DULLES, Va., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has successfully launched its 19th resupply mission (NG-19) to the International Space Station (ISS) under NASA's Commercial Resupply Services-2 (CRS-2) contract aboard the company's Antares rocket. This launch commemorates ten years of Northrop Grumman Cygnus missions.

Northrop Grumman's NG-19 Launch Marks 10 Years of International Space Station Cargo Resupply Missions

Boeing

General Dynamics

iShares U.S. Aerospace & Defense ETF

Invesco Aerospace & Defense ETF

Raytheon Technologies

SPDR S&P Aerospace & Defense ETF

Capitalize on the upbeat Q2 earnings of the Aerospace and Defense companies with these ETFs.

Aerospace & Defense ETFs Under Spotlight Amid Upbeat Q2 Results

Northrop Grumman Corporation (NYSE:NOC ) Q2 2023 Earnings Conference Call July 27, 2023 9:00 AM ET Company Participants Todd Ernst - Corporate Vice President, Treasurer & Vice President, Investor Relations Kathy Warden - Chairman, Chief Executive Officer & President David Keffer - Corporate Vice President & Chief Financial Officer Conference Call Participants Robert Stallard - Vertical Research Richard Safran - Seaport Global Partners Ron Epstein - Bank of America Merrill Lynch Kristine Liwag - Morgan Stanley Doug Harned - Bernstein Sheila Kahyaoglu - Jefferies Matt Akers - Wells Fargo Peter Arment - Baird George Shapiro - Shapiro Research Seth Seifman - JPMorgan Myles Walton - Wolfe Research David Strauss - Barclays Jason Gursky - Citigroup Good day ladies and gentlemen and welcome to Northrop Grumman's Second Quarter Conference Call. Today's call is being recorded.

Northrop Grumman Corporation (NOC) Q2 2023 Earnings Call Transcript

Northrop Grumman's (NOC) Q2 sales of $9.58 billion beat the Zacks Consensus Estimate by 2.7%. The top line also increases 9% from $8.80 billion in the year-ago quarter.

Northrop Grumman (NOC) Beats on Q2 Earnings, Ups '23 Sales View

While the top- and bottom-line numbers for Northrop Grumman (NOC) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

News for Northrop Grumman Stock (NOC)