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 has its hands in some of the biggest Pentagon contracts, including the B-21, and is looking to add more. The post Is Northrop Grumman Stock A Buy With New Stealth Bombers Under Construction?

Is Northrop Grumman Stock A Buy With New Stealth Bombers Under Construction?

Northrop (NOC) is going to supply repairs, sustaining spares and engineering services for the APY-1/2 systems

Northrop (NOC) Wins $164M Deal to Support APY-1/2 Radar Systems

By Kathryn Maraist & Andy Poreda Aerospace & Defense is a critical component of the economy and global safety, yet many ESG investing strategies eliminate the industry because of its ties to controversial weapons. At Sage, we take a pragmatic approach to ESG analysis, and while we do exclude some industries, we prefer to look [.

ESG Case Study – Northrop Grumman

The company is shrinking to grow stronger.

Northrop Grumman Is All-In on Bombers and Space After Recent Divestment

General Dynamics

Raytheon Technologies

Defense giants such as Northrop Grumman (NOC), General Dynamics (GD) & Raytheon Technologies (RTX) resort to divestment activities, primarily to increase focus on core businesses.

US Defense Space Gaining From Divestments: 3 Stocks in Focus

Axon Enterprise

AeroVironment

Lionheart Holdings

Huntington Ingalls Industries

Maxar Technologies

These are the defense stocks with the best value, fastest growth, and most momentum for Q1 2021.

Top Defense Stocks for Q1 2021

Northrop Grumman's (NOC) $3.4 billion divestment deal with Peraton is expected to close in the first half of 2021, subject to regulatory approvals.

Northrop Grumman (NOC) to Divest Federal IT Business for $3.4B

Divestiture strengthens Northrop Grumman's focus on growing core businesses and creates value through portfolio management Divestiture strengthens Northrop Grumman's focus on growing core businesses and creates value through portfolio management

Northrop Grumman to Sell Federal IT and Mission Support Business to Veritas Capital for $3.4 Billion

NEW YORK--(BUSINESS WIRE)--Veritas Capital (“Veritas”), a longstanding investor in companies operating at the intersection of technology and government, today announced that an affiliate of Veritas has signed a definitive agreement to acquire the federal IT and mission support services business of Northrop Grumman (NYSE: NOC) for $3.4 billion in cash. The business provides a wide range of advanced technology solutions including cybersecurity, data analytics, cloud, mission-critical application

Veritas Capital to Acquire the Federal IT and Mission Support Services Business of Northrop Grumman

Arch Capital

Wix.com

The S&P 500 gained more than 11% in November, its best November on record. After such a strong month and impressive 2020 rebound off the index's March lows, much of the easy money from the expected 2021 economic rebound may have already been made.

3 Stocks That Could Make You Richer In December

Northrop (NOC) set to offer engineering, studies and analyses; design, integration, test and evaluation; requirement and specification management; quality assurance for the Global Hawk program.

Northrop (NOC) Wins $4.8B Deal to Upgrade Global Hawk Program

Northrop Grumman (NOC) reported earnings 30 days ago. What's next for the stock?

Northrop Grumman (NOC) Up 1.1% Since Last Earnings Report: Can It Continue?

This stock can power through a potential defense spending lull.

Could Nukes, Bombers, and Space Send Northrop Grumman Rocketing By Other Defense Stocks?

Stable Road Acquisition Corp

Would you rather you invest in a limited market, or in "perfect market opportunity?"

SpaceX President Prefers Space Tugs Over Small Rockets

L3Harris

Boeing

General Electric

Honeywell

Lockheed Martin

Spirit AeroSystems Hlds

Textron

In this article we will list the top 11 largest aerospace companies in the US. Click to skip ahead and see the top 5 largest aerospace companies in the US .

Top 11 Largest Aerospace Companies in the US

Northrop Grumman (NOC) CEO Kathy Warden presents at Baird 2020 Global Industrial Conference - Earnings Call Transcript

(2020-11-11) Kitron has been awarded a development contract to update a F-35 test program set (TPS) and provide a repair capability for Kitron and a United States Government (USG) Depot. The contract is for a three-year development program, with a total value of NOK 20 million. The development will be done at Kitron's facility in Arendal, Norway.

Northrop Grumman awards F-35 development contract to Kitron

Intercontinental Exchange

KeyCorp

PayPal

Shades of 2000 are hanging over the market, as the “hanging chads” did then. The presidential election results are being disputed, and this could go on into next year. The Bush/Gore battle took an additional 37 days when the election results were disputed in Florida, and ultimately it was decided by the U.S. Supreme Court. While that seems unlikely this time, the litigation at various state and local levels could drag on for some time.

4 Growth Stocks to Buy for 2021, Regardless of Who Is President

Booz Allen Hamilton Hld

Kratos Defense & Security Solutions

Raytheon

Global defense industry expenditures topped $1.9 trillion in 2019, and the amount is growing.

Defense Stocks to Put on Your Watch List

FALLS CHURCH, Va., Nov. 04, 2020 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) will participate in Baird's 2020 Global Industrial Conference on Wednesday, Nov. 11. Kathy Warden, chairman, chief executive officer and president, and Dave Keffer, corporate vice president and chief financial officer, will present beginning at 9:05 a.m. Eastern time. The presentation will be webcast live at https://investor.northropgrumman.com.

Northrop Grumman to Participate in Baird's 2020 Global Industrial Conference

AmerisourceBergen

Arrow Financial

Chubb

Enbridge

Enterprise Products Partners

Essex Property Trust

Johnson & Johnson

Kimberly-Clark

Altria

Philip Morris

Sanofi

AT&T

UMB Financial

The pandemic is out of control all over the world, with daily records in new cases and a mounting death toll. Europe is beginning to lock down again and IHME expects up to 20 US states to follow suit starting in late November.

15 High-Yield/Low Volatility Blue Chips For The Ultimate Crash-Proof Retirement Portfolio

Invesco Taxable Municipal Bond ETF

BAE Systems PLC

World-leading, market-dominating, technologically savvy defence companies supplying the free world are trading at high-single digit free cash flow yields. I believe an increasingly hostile global environment is likely over the next 10 years as China vs. USA continues, and as globalisation deaccelerates due to populist politics.

Defence Can Be Defensive In A Chaotic World

Selling the unit, which comprised 12% of last year's revenue, could bring Grumman at least $3 billion.

Northrop Grumman Reportedly Mulling Sale of Its Tech Services Business

Our extensive research has shown that imitating the smart money can generate significant returns for retail investors, which is why we track nearly 823 active prominent money managers and analyze their quarterly 13F filings. The stocks that are heavily bought by hedge funds historically outperformed the market, though there is no shortage of high profile failures like hedge funds' 2018 losses in Facebook and Apple. Let's take a closer look at what the funds we track think about Northrop Grumman Corporation (NYSE:NOC) in this article.

Was The Smart Money Right About Northrop Grumman Corporation (NOC)?

Aerospace and defense company Northrop Grumman Corp. (NYSE:NOC) released earnings results for the third quarter on Oct. 22.

News for Northrop Grumman Stock (NOC)