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

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

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Gain on sale of business

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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

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Earnings data Q1 2022

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Earnings data Q1 2023

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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.

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Most people are far behind on their retirement goals - often without realizing it. In this article, I present conservative dividend growth investing as a suitable way to achieve long-term financial goals with subdued risks (getting rich slowly).

8 Defensive Dividend Stars That Could Help You Retire Rich

For 15 years, Northrop Grumman and its predecessor companies have kept the International Space Station supplied with everything its astronauts need. Earlier this month, NASA confirmed it's considering giving Northrop an extension on its contract through 2030.

Northrop's Space Business Is About to Get $2 Billion Bigger

SAN DIEGO, March 23, 2023 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) successfully demonstrated the technical capability to connect a full aircraft ecosystem. The company showcased its Software Programmable Open Mission Systems Compliant (SPOC) multifunction processor in a flight test for the U.S. Air Force, highlighting the ability to integrate existing and future platforms using advanced data links.

Northrop Grumman Demonstrates Platform Agnostic In-Flight Connectivity for US Air Force

FALLS CHURCH, Va., March 23, 2023 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announced today that its first quarter 2023 financial results will be posted on its investor relations website on April 27, 2023. Prior to the market opening, and after the filing of the earnings release on Form 8-K with the Securities and Exchange Commission, the company will issue an advisory release notifying the public of the availability of the complete and full text earnings release on the company's website at http://investor.northropgrumman.com.

Northrop Grumman Announces Webcast, Conference Call of First Quarter 2023 Financial Results

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There are plenty of drivers of uncertainty in the stock market right now. With high inflation, multiple geopolitical conflicts, and a banking crisis that appears to be spreading, there are plenty of reasons for investors to duck and take cover.

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Northrop (NOC) is set to provide non-recurring engineering and product support for production of the 11th lot of E-2D Hawkeye aircraft.

Northrop (NOC) Wins $50M Deal to Support E-2D Hawkeye Aircraft

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The best defense stocks may have a banner year ahead. Last year, Russia's invasion of Ukraine began.

The 7 Best Defense Stocks to Buy for Our Dangerous World

FALLS CHURCH, Va., March 15, 2023 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has elected Kimberly A. Ross and Mary A. Winston to its board of directors.

Kimberly Ross and Mary Winston Join Northrop Grumman Board of Directors

Northrop's (NOC) business unit, Northrop Grumman Systems Corp., wins a $57.4-million deal to support MQ-4C Triton air vehicles.

Northrop (NOC) Arm Wins $57.4M Deal to Support MQ-4C Triton

The U.S. defense budget is going higher. Defense stocks are barely budging.

Pentagon Budget Grows. Defense Stocks Don't.

MOUNT LAUREL, N.J.--(BUSINESS WIRE)--Copperhead Chemical Company Inc., a subsidiary of PMC Group International, earned Northrop Grumman's 2022 Strategic Excellence Award as part of their Supplier Excellence Awards. This award distinguishes Copperhead Chemical Company Inc. as a top supplier within Northrop Grumman's global network of over 10,000 suppliers. “The performance of Copperhead Chemical Company Inc.

PMC Group International Announces Copperhead Chemical Company Inc. Receives Northrop Grumman Strategic Excellence Award

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As investors try to digest the failure of two banks, related stocks are tumbling. The Nasdaq Bank Index is down more than 20% from its Feb. high due to its exposure to the now-delisted SIVB stock.

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NEW YORK , March 10, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Northrop Grumman Corporation (NYSE: NOC) resulting from allegations that Northrop may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Northrop securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

NOC SHAREHOLDER ALERT: ROSEN, TRUSTED NATIONAL TRIAL COUNSEL, Encourages Northrop Grumman Corporation Investors to Inquire About Class Action Investigation - NOC

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There are 18 stocks on my dividend growth watchlist for March 2023. More than half of the stocks on my watchlist for this month are currently undervalued based on dividend yield theory.

Dividend Growth Stock Watchlist - March 2023

Northrop Grumman's James Webb Space Telescope is an amazing piece of engineering. The telescope can observe and determine the chemical components of exoplanets' atmospheres. Order backlog was also very strong and is 2x the size of sales in 2022.

Northrop Grumman: Increase In Defense Budget And Favorably Valued

PROMONTORY, Utah, March 06, 2023 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) conducted its first full-scale static test fire of the Sentinel stage-one solid rocket motor at the company's test facility in Promontory.

Northrop Grumman Test Fires Stage-One Solid Rocket Motor for Sentinel Missile

Boeing

Bloomberg Published an article in February that discussed the failings of the U.S. Military. If you read it, you may immediately want to sell any defense stocks you own.

3 Reasons to Sell Your Defense Stocks Now

NEW YORK , March 3, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Northrop Grumman Corporation (NYSE: NOC) resulting from allegations that Northrop may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Northrop securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

NOC INVESTOR NOTICE: ROSEN, GLOBALLY RESPECTED INVESTOR COUNSEL, Encourages Northrop Grumman Corporation Investors to Inquire About Class Action Investigation - NOC

Northrop (NOC) is set to provide fabrication and installation support to retrofit the Delta System Software Configuration 4.0 capabilities within E-2D Advanced Hawkeye aircraft.

Northrop (NOC) Wins a Navy Contract for E-2D Hawkeye Aircraft

Northrop Grumman Corp. (NYSE:NOC ) Citi's 2023 Global Industrial Tech and Mobility Conference February 22, 2023 8:50 AM ET Company Participants Kathy Warden - CEO Conference Call Participants Jason Gursky - Citi Jason Gursky Okay. I think we have started the clock.

Northrop Grumman Corp. (NOC) Presents at Citi's 2023 Global Industrial Tech and Mobility Conference (Transcript)

NEW YORK , Feb. 24, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Northrop Grumman Corporation (NYSE: NOC) resulting from allegations that Northrop may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Northrop securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

NOC INVESTOR NOTICE: ROSEN, TRUSTED AND TOP RANKED INVESTOR COUNSEL, Encourages Northrop Grumman Corporation Investors to Inquire About Class Action Investigation - NOC

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In this choppy market, taking gains on overvalued dividend stocks protects your capital. Reinvesting them in undervalued stocks has many benefits, including an increase in income.

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NEW YORK , Feb. 22, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Northrop Grumman Corporation ("Northrop Grumman" or the "Company") (NYSE: NOC). Such investors are advised to contact Robert S.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Northrop Grumman Corporation - NOC

Maritime electronic warfare gear isn't sexy but if the Navy hopes to operate surface ships anywhere near China, they'll need robust missile-defense systems to survive. Northrop Grumman﻿﻿ is developing a new portable electronic attack system that fits smaller vessels and maybe, large trucks.

Northrop Grumman's Downsized Electronic Attack System Could Work on Small Ships and maybe, Large Vehicles

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Bucking economists' worst fears, China and Europe have revived and U.S. wages have cooled. But the Fed isn't easing its inflation fight.

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News for Northrop Grumman Stock (NOC)