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

The S&P 500 Index has been in decline for much of the year, with the index declining more than 9% year-to-date.

Northrop Grumman: A Safe and Dependable Defense Dividend

Northrop Grumman has seen a solid 2021 and guides for stable results this year. I like the positioning and diversification of the business, with multiplies being non-demanding at 16 times earnings.

Northrop Grumman: Defensive Play In Any Portfolio

SEATTLE--(BUSINESS WIRE)--Echodyne, the radar platform company, announced today a new strategic agreement with, and minority investment from, Northrop Grumman Corporation (NYSE: NOC) that expands upon existing efforts to integrate Echodyne radars into select Northrop Grumman advanced defense and security solutions. The initial collaboration area is focused on counter-UAS, where Echodyne's radars offer performance and SwaP advantages that are expected to bring immediate mission value. Under the

Echodyne and Northrop Grumman Expand Partnership on Defense and Security Applications

General Dynamics

Military contractors are poised for a big run-up and these two stocks should lead the field.

2 Top Defense Stocks Ready for a Bull Run

L3Harris

Lockheed Martin

The situation has become dicier every day, and while the invasion of Ukraine by the Russian Army has not started yet, some 130,000 troops are massed near the border.

4 ‘Strong Buy' Dividend-Paying Defense Stocks to Grab Now With War in Ukraine Looming

FALLS CHURCH, Va., Feb. 14, 2022 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) will participate in the Barclays Industrial Select Conference on Wednesday, Feb. 23. Kathy Warden, chairman, chief executive officer and president, and Dave Keffer, corporate vice president and chief financial officer, will present beginning at 8:35 a.m. Eastern time. The presentation will be webcast live at http://investor.northropgrumman.com .

Northrop Grumman to Participate in Barclays Industrial Select Conference

Astra Space

Rocket Lab USA

Virgin Orbit Holdings

12 Companies NASA Says Are Go for Launch

SEWIP Block 3 could be worth billions of dollars in revenues for the giant defense contractor -- and generate more than $1 billion in profit for it.

Northrop Grumman Offers Navy a Missile Defense System With Infinite Ammo

The stock price of Northrop Grumman Corporation (NYSE: NOC) increased by 0.18% in the most recent trading session. This is why it happened.

Northrop Grumman (NOC) Stock: Why The Price Went Up

Amgen

Baxter

Blackrock Inc

Intel

Medtronic

Oracle

Roper Technologies

T. Rowe Price Group

I rank a selection of dividend growth stocks in Dividend Radar and present the ten top-ranked stocks for consideration. To pick candidates, I use different screens every month that focus on various aspects of dividend growth investing such as valuation, yield, and growth.

10 Dividend Growth Stocks For January 2022

Susquehanna analyst Charles Minervino raised Northrop Grumman Corp's NOC  price target to $437 (an upside of 15.8%) from $416 and maintained a Positive rating on the shares. The analyst mentions that program timing, pension, and tax charges continue to pose short-term hurdles that will pass in due time.

Here's How Analysts Reacted To Northrop Grumman's Q4 Results

Boeing

Booz Allen Hamilton Hld

Huntington Ingalls Industries

Raytheon Technologies

With a brewing conflict in Ukraine against a powerful and determined adversary, these defense stocks to buy are now in focus. The post 7 Defense Stocks to Buy as Ukraine Crisis Heats Up appeared first on InvestorPlace.

7 Defense Stocks to Buy as Ukraine Crisis Heats Up

Northrop Grumman Corp (NYSE: NOC) reported a fourth-quarter FY21 sales decline of 15% year-over-year to $8.64 billion, -10% on an organic basis, missing the consensus of $8.99 billion. Sales by segments: Aeronautics Systems $2.63 billion (-25% Y/Y), Defense Systems $1.38 billion (-28% Y/Y), Mission Systems $2.52 billion (-8% Y/Y), and Space Systems $2.66 billion (+4% Y/Y).

Northrop Grumman Stock Slips After Q4 Revenue Miss, Moderate FY22 Outlook; Boosts Buyback

Northrop Grumman Corporation (NOC) CEO Kathy Warden on Q4 2021 Results - Earnings Call Transcript

Northrop Grumman's (NOC) fourth-quarter adjusted earnings of $6 per share beat the Zacks Consensus Estimate of $5.95 by 0.84%. Sales decrease 15% from the year-ago quarter's $10.21 billion.

Northrop Grumman (NOC) Q4 Earnings Top Estimates, Sales Dip

Northrop Grumman (NOC) delivered earnings and revenue surprises of 0.84% and 3.67%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Northrop Grumman (NOC) Q4 Earnings Beat Estimates

Shares of Northrop Grumman Corp. NOC, +0.01% fell 1.2% in premarket trading Thursday, after the aeronautics, defense and space company reported fourth-quarter profit that beat expectations but sales that missed, with the ongoing impact of COVID-19 led to a tight labor market, elevated levels of employee leave and supply chain challenges weighing on results. Net income spiked up to $2.71 billion, or $17.14 a share, from $330 million, or $1.97 a share, in the year-ago period.

Northrop Grumman stock falls after profit beat expectations but sales miss, amid labor market, supply chain challenges

FALLS CHURCH, Va., Jan. 27, 2022 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has released its fourth quarter and full-year 2021 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 2021 Financial Results

U.S. weapons maker Northrop Grumman Corp posted a 15% drop in quarterly sales on Thursday as labor shortages and supply chain snarls hampered its ability to deliver components for defense products including Lockheed Martin's F-35 jets.

Northrop sales fall 15% as supply chain snarls restrict deliveries

Teledyne Technologies

Textron

Aerospace sector Q4 earnings are expected to significantly improve from the prior year quarter and revenues are projected to be up 3.7%. TDY, TXT and NOC are stocks to watch.

Aerospace Stocks to Watch for Earnings on Jan 27: TDY, TXT & NOC

Northrop Grumman's (NOC) Q4 results are likely to have been impacted by lower sales across major business segments. However, earnings might have gained from corporate unallocated and pension adjustments.

Will Poor Segmental Performance Hurt Northrop (NOC) Q4 Earnings?

iShares U.S. Aerospace & Defense ETF

Invesco Aerospace & Defense ETF

Historical cycles in the sector indicate that aerospace and defense stocks are positioned for a major, multi-year rebound. A mounting list of geopolitical and economic items appear on our Wall of Worry.

History Suggests Defense Stocks Will Surge In 2022

China's coercive activities against Japan, North Korea's nuclear activities and Russia's military buildup must have led to strengthening US and Japan military ties. LMT, RTX and NOC seem poised to benefit.

US & Japan Vow to Strengthen Defense Ties: Stocks to Benefit

Wells Fargo analyst Matthew Akers raised price targets for certain Aerospace & Defense companies.  The analyst upgraded Northrop Grumman Corp (NYSE:NOC) to Equal Weight from Underweight and raised the price target to $399, from $335.

Wells Fargo Bumps Up Price Targets For Some Aerospace & Defense Companies

Jefferies analyst Sheila Kahyaoglu downgraded Northrop Grumman Corp (NYSE:NOC) to Hold from Buy with an unchanged price target of $410 (an upside of 3%). Northrop Grumman was a top-performing defense stock and the analyst's top pick in 2021.

News for Northrop Grumman Stock (NOC)