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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

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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

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Earnings data Q1 2024

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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.

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FALLS CHURCH, Va., Jan. 30, 2023 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announces that its board of directors has elected Stephen O'Bryan corporate vice president and Global Business Development Officer, effective February 6. He will report to Kathy Warden, chair, chief executive officer and president, and be responsible for leading the business development organization and enabling the company's international growth strategy. O'Bryan will succeed David Perry, who has announced his intent to retire effective March 31.

Northrop Grumman Elects Stephen O'Bryan Corporate Vice President and Global Business Development Officer; David Perry to Retire

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Northrop Grumman CEO Kathy Warden said in an earnings call that the company expects to complete one of five of its new B-21 Raiders for the U.S. Air Force in 2023.

Northrop Grumman expects to complete first of 5 B-21 stealth bomber orders for Air Force in 2023

While the top- and bottom-line numbers for Northrop Grumman (NOC) give a sense of how the business performed in the quarter ended December 2022, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Northrop Grumman (NOC) Q4 Earnings: A Look at Key Metrics

Northrop Grumman Corp (NYSE:NOC ) Q4 2022 Earnings Conference Call January 26, 2023 9:00 AM ET Company Participants Todd Ernst - Corporate VP and Treasurer & VP, IR Kathy Warden - Chairman, CEO & President David Keffer - Corporate VP & CFO Conference Call Participants Kristine Liwag - Morgan Stanley Ronald Epstein - Bank of America Merrill Lynch Kenneth Herbert - RBC Capital Markets George Shapiro - Shapiro Research Douglas Harned - Sanford C. Bernstein & Co. Richard Safran - Seaport Research Partners Seth Seifman - JPMorgan Chase & Co. Scott Deuschle - Crédit Suisse Myles Walton - Wolfe Research David Strauss - Barclays Bank Peter Arment - Robert W.

Northrop Grumman Corp (NOC) Q4 2022 Earnings Call Transcript

Northrop Grumman (NOC) Q4 total sales of $10.03 billion surpass the Zacks Consensus Estimate by 3.8%. Also, sales increase by 16% from the year-ago quarter's $8.64 billion.

Northrop Grumman's (NOC) Q4 Earnings Beat, Sales Rise Y/Y

Northrop Grumman (NOC) delivered earnings and revenue surprises of 13.64% and 3.89%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Northrop Grumman (NOC) Q4 Earnings and Revenues Beat Estimates

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Northrop Grumman Corp.'s NOC stock rose 1.5% before market open Thursday, boosted by the defense contractor's better-than-expected fourth-quarter results and robust sales guidance. The company earned $13.46 a share, which included a $5.96 per share benefit from marketable securities, compared with earnings of $17.14 a share in the prior year's quarter.

Northrop Grumman stock rises on Q4 beat, robust sales guidance

U.S. defense contractor Northrop Grumman Corp on Thursday forecast full-year sales above Wall Street estimates, as it benefits from strong demand for weapons from countries ramping up their defense spend.

Northrop Grumman expects strong 2023 revenue as weapon demand surges

FALLS CHURCH, Va., Jan. 26, 2023 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has released its fourth quarter and full-year 2022 financial results. A copy of the earnings release has been furnished in the company's Form 8-K filing and is also available on the company's investor relations website at http://investor.northropgrumman.com.

Northrop Grumman Releases Fourth Quarter and Full-Year 2022 Financial Results

Northrop Grumman (NOC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Earnings Season Could Be Great for Northrop Grumman (NOC)

Northrop Grumman Corporation (NYSE: NOC) has recently faced heavy artillery. No S&P 500 stock has fared worse than the global defense contractor over the first few weeks of 2023.

Is the Northrop Grumman Selloff an Opportunity?

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Northrop Grumman Q4 Preview: Rebound Quarter Inbound?

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Defense stocks roll out Q4 results this week as government spending cuts come into focus. Lockheed Martin, Raytheon and Northrop Grumman are all set to report.

Defense Stocks: Raytheon Mixed, Despite Ukraine Boost; Lockheed Martin, Northrop Grumman On Deck

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Northrop Grumman stock (NYSE: NOC) is down 14% in a month, while it's up 13% in the last twelve months, outperforming the broader markets, with the S&P500 index down 13%.

Down 14% In A Month, Will Northrop Grumman Stock Rebound?

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SAN DIEGO, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC), AT&T* and Fujitsu recently demonstrated 5G-enabled intelligence, surveillance and reconnaissance (ISR) capabilities in Northrop Grumman's new 5G lab. The demonstration integrated radios with Northrop Grumman's tactical data links, AT&T's private 5G network and Fujitsu's Open Radio Access Network (O-RAN) to transmit ISR data and video, proving our strength in connecting the battlespace. This is a critical step in building the digital battle network to support multi-domain operations.

Northrop Grumman, AT&T and Fujitsu Demonstrate New 5G-powered Open Architecture Capabilities to Support Joint Force

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Northrop (NOC) develops an advanced active electronically scanned array radar for the F-35 Lightning II.

Northrop (NOC) Builds Advanced Radar for the F-35 Lightning II

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News for Northrop Grumman Stock (NOC)