Revenue segments as reported by the company.

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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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Year over year growth in Revenue and Operating Expenses.

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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

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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The aerospace and defense companies continue to rank among my favorite investments because spending on defense continues to increase.

Northrop Grumman Offers the Potential for Solid Returns

Northrop Grumman Corporation (NOC) CEO Kathy Warden on Q2 2020 Results - Earnings Call Transcript

Northrop Grumman's (NOC) second-quarter sales increase 5% year over year, primarily driven by a double-digit increase in the Space Systems' sales.

Northrop Grumman (NOC) Beats on Q2 Earnings, Ups '20 View

Northrop Grumman Corp. NOC, +0.76% posted better-than-expected earnings for the second quarter, as profit and sales rose during the pandemic, and the company raised its full-year guidance.

Northrop beats profit and sales estimates and raises guidance

FALLS CHURCH, Va., July  30, 2020  (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has released its second quarter 2020 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 Second Quarter 2020 Financial Results

Northrop Grumman (NYSE: NOC) announces its next round of earnings this Thursday, July 30.

A Preview Of Northrop Grumman's Earnings

Northrop's (NOC) Aeronautics unit performance is expected to have been hurt by  its exposure to commercial aerospace markets.

Will Aeronautics Unit Drag Down Northrop (NOC) Q2 Earnings?

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This article provides a summary of dividend changes in Q2 2020.

Summary Of Dividend Changes In Q2 2020

Northrop Grumman (NOC) enjoys a smooth flow of contracts for military jets and associated upgrades.

Northrop Wins $36M Deal to Support B-52 Bomber Aircraft (Revised)

Northrop Wins $36B Deal to Support B-52 Bomber Aircraft

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Per the recent deal terms, Northrop Grumman's (NOC) Systems Corp unit will provide PORTS life cycle support for the U.S. Navy's reconfigurable training systems.

Northrop Grumman's Unit Wins $70M Navy Deal to Develop PORTS

Northrop Grumman (NOC) is supported by industry leaders, such as Lockheed Martin, L-3 Technologies, Raytheon Technologies and others, in the development of the E-2D AHE program.

Northrop Wins $54M Navy Deal to Support E-2D AHE Program

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21 Dividend Increases Announced During the COVID Crisis

Northrop Grumman's (NOC) MQ-4C Triton UAS is equipped to provide real-time intelligence, surveillance and reconnaissance (ISR) over vast ocean and coastal regions.

Northrop Wins $333M Deal to Aid Australia's Triton Program

Overlook Meager Yield - Northrop Grumman Is A Great Discount

Northrop Grumman (NOC) is a leader in providing multi-mission radar solutions from sea to outer space.

Northrop Grumman Wins Air Force Deal to Upgrade F-16 Program

With the inclusion of new orders, the total value of Northrop Grumman's (NOC) orders under the multi-year contract with CPI Aerostructures is approximately $51 million.

Northrop Awards CPI Aerostructures with Hawkeye Wing Kits Deal

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Generating Income From Northrop Grumman's Lock On Defense

FALLS CHURCH, Va., June  10, 2020  (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announced it has elected David Abney to its board of directors. Abney is the executive chairman of the UPS board of directors, and served as the chief executive officer of UPS from 2014 until May 2020.

David Abney Joins Northrop Grumman Board of Directors

Northrop was always going to win this one, and now we know how much it won for phase one.

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Defense stocks are well-positioned to weather the coronavirus and crises ranging from those with North Korea to China only mean more business.

News for Northrop Grumman Stock (NOC)