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.

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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

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Short term debt

Income tax payable

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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

A feared Pentagon slowdown failed to materialize.

Northrop Grumman Rockets Higher as Space Fuels Earnings Beat

Northrop Grumman (NOC) Q1 total sales increase 6%, year over year, as three out of its four segments register sales growth.

Northrop Grumman (NOC) Q1 Earnings Beat, Revenues Rise Y/Y

Northrop Grumman (NOC) delivered earnings and revenue surprises of 19.89% and 7.37%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Northrop Grumman (NOC) Q1 Earnings and Revenues Surpass Estimates

Shares of Northrop Grumman (NYSE:NOC) were flat in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 27.57% over the past year to $6.57, which beat the estimate of $5.48.

Northrop Grumman: Q1 Earnings Insights

FALLS CHURCH, Va., April 29, 2021 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has released its first quarter 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 First Quarter 2021 Financial Results

Northrop Grumman Corp raised its full-year sales and earnings outlook as the U.S. weapon maker's quarterly results topped estimates on Thursday, helped by higher demand for F-35 fighter jet parts and missile-warning radars.

Northrop raises annual outlook as results beat on F-35 jet parts, radar demand

Northrop Grumman's (NOC) dearth of significant deliveries for the first quarter of 2021 is likely to have marred its Q1 revenues.

Northrop Grumman (NOC) to Report Q1 Earnings: What's in Store?

Northrop Grumman's (NOC) unit will be assisting the U.S. government in maintaining the Minuteman III weapon system for more than 18 years.

Northrop's (NOC) Unit Secures $2.32B Deal to Support ICBM

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SPDR S&P Aerospace & Defense ETF

Defense stocks have some attractive characteristics that can make them solid long-term investments. Valuations in the industry are not very high right now, especially relative to the broad market.

Offense Wins Games, Defense Wins Retirements

Canadian Natural Resources

Macy's

The Yacktman Fund (Trades, Portfolio), part of Austin-based Yacktman Asset Management (Trades, Portfolio), disclosed late last week that its top five trades during the first quarter included a reduction in its Macy's Inc. (NYSE:M) holding and new buys in the following four companies: Canadian Natural Resources Ltd. (NYSE:CNQ), Berkshire Hathaway Inc. (NYSE:BRK.A)(NYSE:BRK.B), Northrop Grumman Corp. (NYSE:NOC) and Lockheed Martin Corp. (NYSE:LMT).

Yacktman Fund's Top 5 1st-Quarter Trades

The Yacktman Focused Fund (Trades, Portfolio) recently disclosed its portfolio update for the first quarter of 2021, which ended on March 31.

Top New Picks of the Yacktman Focused Fund

Northrop's (NOC) E-2D Advanced Hawkeye aircraft is the fourth version of the E-2 Hawkeye, used by the U.S. Navy.

Northrop (NOC) Wins Deal to Aid France's E-2D Hawkeye Program

Virgin Galactic

These space stocks have shown great progress in the advancement of their business objectives of late and ready to blast off this year. The post 3 Hot Space Stocks About to Launch appeared first on InvestorPlace.

3 Hot Space Stocks About to Launch

The Biden administration notified Congress it plans to approve the sale of F-35 stealth fighters and other weapons to the UAE. The post Biden Backs Controversial Trump-Era Foreign Weapons Deal appeared first on Investor's Business Daily.

Biden Backs Controversial Trump-Era Foreign Weapons Deal

Northrop Grumman has broken out higher from its consolidation phase, which dates back to 2018. The breakout is likely to see the company's stock price trend higher, and I'm targeting new all-time highs.

Reading The Naked Charts: Northrop Grumman Trending Higher

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Defense investors have been bracing for the worst heading into this year's budgeting season.

Is the Biden Budget Bullish for Defense Stocks?

Northrop Grumman hit a new milestone in extending the life of active spacecraft as a purpose-built spacecraft, MEV-2, docking with Intelsat's IS-10-02 satellite to give it another 5 years of life. It's a strong demonstration of the possibilities in a growing field of orbital servicing operations.

Another milestone for in-space servicing as Northrop Grumman gives aging satellite new life

Intelsat

Successful docking paves the way for future on-orbit and life-extension services through robotics Successful docking paves the way for future on-orbit and life-extension services through robotics

Northrop Grumman and Intelsat Make History with Docking of Second Mission Extension Vehicle to Extend Life of Satellite

Northrop Grumman and Intelsat accomplished a space industry first on Monday, with a small spacecraft docking with an active satellite in orbit.

Northrop Grumman robotic MEV-2 spacecraft, in a first, catches active Intelsat satellite

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This is a quarterly review of DivGro, my portfolio of dividend growth stocks. I write these reviews to summarize investment decisions and to share portfolio statistics. The article includes charts showing DivGro's composition and how positions contribute to projected annual dividend income.

Quarterly Review Of DivGro: Q1-2021

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One sector that has lagged over the past year has been aerospace and defense. While the COVID-19 pandemic and the ongoing 737-Max issues weighed heavily on the aerospace side of the sector, the defense side basically was ignored as fund managers started to rotate to cyclical stocks and value plays.

Aerospace and Defense May Be the Best Offense for Q2: 5 Top Stocks to Buy Now

The new Lockheed Martin (LMT) missile interceptor deal from the Pentagon could be valued at as much as $3.7 billion while the Northrop Grumman (NOC) contract could be valued at up to $3.9 billion.

Lockheed (LMT) and Northrop Win $7.6B Missile Contracts

FALLS CHURCH, Va., March 25, 2021 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announced today that its first quarter 2021 financial results will be posted on its investor relations website on April 29, 2021. 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 2021 Financial Results

The companies are getting funds to design next-generation missile defense systems.

Lockheed and Northrop Beat Out Boeing to Land Multibillion Dollar Pentagon Contract

Northrop-Grumman's﻿ Defense Systems Division could get a lift in visibility, if not more, from an Army Development Command Armament Center (DEVCOM) evaluation of its Sky Viper 20mm chain gun as an alternative weapon for the service's Future Attack Reconnaissance Aircraft (FARA) helicopter.

News for Northrop Grumman Stock (NOC)