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

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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FALLS CHURCH, Va., May 14, 2024 (GLOBE NEWSWIRE) -- The board of directors of Northrop Grumman Corporation (NYSE: NOC) declared a quarterly dividend of $2.06 per share on Northrop Grumman common stock, payable June 12, 2024, to shareholders of record as of the close of business May 28, 2024.

Northrop Grumman Increases Quarterly Dividend 10 Percent to $2.06

FALLS CHURCH, Va., May 14, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announces that Dave Keffer, corporate vice president and chief financial officer, has announced his intent to retire, effective February 21, 2025, to spend more time with family. In addition, Mark Caylor, corporate vice president and president of Mission Systems, has announced his intent to retire, effective July 26, 2024.

Northrop Grumman Announces Leadership Changes

RENENS, Switzerland--(BUSINESS WIRE)-- #3Dprinting--SWISSto12 supplies Northrop Grumman with critical Radio Frequency products for a GEOStar-3 Commercial Satellite Program.

SWISSto12 supplies Northrop Grumman with critical Radio Frequency products for a GEOStar-3 Commercial Satellite Program

Northrop Grumman Corporation stock underperformed the S&P 500, returning less than 2% compared to the index's 22% return. The company reported a $1.56 billion charge on the B-21 program last year, leading to a significant decrease in earnings per share. Q1 2024 earnings showed modest margin expansion, with sales growing 9% and operating income increasing 25%. However, Northrop Grumman stock is still rated as a hold with limited upside.

Why Has Northrop Grumman Stock Underperformed?

L3Harris

Investors interested in stocks from the Aerospace - Defense sector have probably already heard of L3Harris (LHX) and Northrop Grumman (NOC). But which of these two stocks presents investors with the better value opportunity right now?

LHX vs. NOC: Which Stock Is the Better Value Option?

Northrop Grumman NOC, -2.34% Aerospace Systems received a contract with a ceiling of $7 billion to modernize and sustain U.S. Air Force B-2 aircraft.

Northrop Grumman gets B-2 bomber contract with $7 billion ceiling

Recently, Zacks.com users have been paying close attention to Northrop Grumman (NOC). This makes it worthwhile to examine what the stock has in store.

Investors Heavily Search Northrop Grumman Corporation (NOC): Here is What You Need to Know

SINGAPORE--(BUSINESS WIRE)--Black Hat, the cybersecurity industry's most established and in-depth security event series, today announced the successful completion of the in-person component of Black Hat Asia 2024. The event welcomed more than 3,000 unique attendees joining in-person from April 16 to April 19 at the Marina Bay Sands Expo & Convention Centre in Singapore. Security professionals from 81 countries registered to attend the event and experience firsthand the latest in vulnerabili.

Black Hat Asia 2024 Showcases Latest Cybersecurity Findings at Singapore Event

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Northrop Grumman (NYSE: NOC) stock price staged a strong recovery this week after Joe Biden signed into law the $96 billion aid package for Israel, Ukraine, and Taiwan. It also rebounded after the firm announced earnings that were moderately better than expected.

Is Northrop Grumman (NOC) a good defense stock to buy?

Northrop's (NOC) Q1 sales of $10.13 billion beat the Zacks Consensus Estimate by 3.6%. The top line has also increased 8.9% from the year-ago quarter's level.

Northrop (NOC) Q1 Earnings Beat Estimates, Sales Rise Y/Y

Although the revenue and EPS for Northrop Grumman (NOC) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Northrop Grumman (NOC) Reports Q1 Earnings: What Key Metrics Have to Say

Northrop Grumman (NOC) came out with quarterly earnings of $6.32 per share, beating the Zacks Consensus Estimate of $5.83 per share. This compares to earnings of $5.50 per share a year ago.

Northrop Grumman (NOC) Q1 Earnings and Revenues Top Estimates

FALLS CHURCH, Va., April 25, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has released its first quarter 2024 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 2024 Financial Results

Get a deeper insight into the potential performance of Northrop Grumman (NOC) for the quarter ended March 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Curious about Northrop Grumman (NOC) Q1 Performance? Explore Wall Street Estimates for Key Metrics

Northrop's (NOC) Q1 results are likely to reflect solid sales performance from all of its segments, along with a robust operating margin performance, amid B-21-related charges.

Will Solid Segment Sales Growth Aid Northrop's (NOC) Q1 Earnings?

After a protracted deadlock, the U.S. House of Representatives passed a massive military-focused foreign aid bill on Saturday, April 20.

Insider move? US Politicians buy defense stocks ahead of $95B aid package

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Northrop Grumman (NOC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Northrop Grumman (NOC) Reports Next Week: Wall Street Expects Earnings Growth

Aerospace and defense company Northrop Grumman is working with SpaceX, the space venture of billionaire entrepreneur Elon Musk, on a classified spy satellite project already capturing high-resolution imagery of the Earth, according to people familiar with the program.

Exclusive: Northrop Grumman working with Musk's SpaceX on U.S. spy satellite system

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News for Northrop Grumman Stock (NOC)