Northrop Financial Statements From 2010 to 2022

NOC
 Stock
  

USD 487.28  0.41  0.08%   

Northrop Grumman financial statements provide useful quarterly and yearly information to potential Northrop Grumman Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Northrop Grumman financial statements helps investors assess Northrop Grumman's valuation, profitability, and current liquidity needs.
We have found one hundred ten available fundamental ratios for Northrop Grumman, which can be analyzed and compared to other ratios and to its peers in the industry. Make sure you check all of Northrop Grumman last-minute market performance against the performance between 2010 and 2022 to make sure the company can sustain itself down the road.
Northrop Grumman Net Income Per Employee is projected to increase significantly based on the last few years of reporting. The past year's Net Income Per Employee was at 79,602. The current year Earnings Before Interest Taxes and Depreciation Amortization EBITDA is expected to grow to about 11.6 B, whereas Revenue Per Employee is forecasted to decline to about 367.4 K.
  
Check Northrop Grumman financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Northrop main balance sheet or income statement drivers, such as Direct Expenses of 24.4 B, Consolidated Income of 3.3 B or Cost of Revenue of 30.2 B, as well as many exotic indicators such as Interest Coverage of 9.34, Long Term Debt to Equity of 0.96 or Calculated Tax Rate of 25.73. Northrop financial statements analysis is a perfect complement when working with Northrop Grumman Valuation or Volatility modules. It can also supplement Northrop Grumman's financial leverage analysis and stock options assessment as well as various Northrop Grumman Technical models . Additionally, see the analysis of Northrop Grumman Correlation against competitors.

Northrop Grumman Revenues

30.89 Billion

Northrop Grumman Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets36 B42.6 B32.5 B
Increasing
Slightly volatile
Cash and Equivalents3.5 B3.5 BB
Increasing
Very volatile
Deferred Revenue2.7 B2.9 B2.1 B
Increasing
Slightly volatile
Property Plant and Equipment Net10.7 B9.9 B5.4 B
Increasing
Slightly volatile
Inventory674.3 M683.1 M737 M
Decreasing
Slightly volatile
Tax Assets287.3 M279.9 M936.2 M
Decreasing
Slightly volatile
Trade and Non Trade Receivables6.4 B7.6 B4.5 B
Increasing
Slightly volatile
Trade and Non Trade PayablesB2.1 B1.7 B
Increasing
Slightly volatile
Goodwill and Intangible Assets19.4 B21 B15.2 B
Increasing
Slightly volatile
Total Liabilities25.3 B29.7 B23.3 B
Increasing
Slightly volatile
Shareholders Equity12.1 B12.9 B9.4 B
Increasing
Very volatile
Accumulated Retained Earnings Deficit9.2 B9.4 B9.8 B
Decreasing
Stable
Accumulated Other Comprehensive Income(158.8 M)(147.2 M)(2.4 B)
Increasing
Slightly volatile
Current Assets10.8 B12.4 B10.2 B
Increasing
Slightly volatile
Assets Non Current29.8 B33.5 B22.7 B
Increasing
Slightly volatile
Current Liabilities8.1 B9.5 B7.3 B
Increasing
Slightly volatile
Liabilities Non Current23.6 B28 B16.9 B
Increasing
Slightly volatile
Tax Liabilities96.6 M97.2 M106.3 M
Decreasing
Slightly volatile
Total Debt14.5 B17.9 B9.9 B
Increasing
Slightly volatile
Debt Current701.5 M705.6 M771.6 M
Decreasing
Slightly volatile
Debt Non Current14.4 B17.9 B9.8 B
Increasing
Slightly volatile
Shareholders Equity USD8.7 B9.5 B8.8 B
Decreasing
Stable
Cash and Equivalents USD5.3 B5.6 B4.3 B
Increasing
Stable
Total Debt USD14.5 B17.9 B9.9 B
Increasing
Slightly volatile
Accounts Payable1.9 B2.2 B1.7 B
Increasing
Slightly volatile
Receivables5.5 BB4.4 B
Increasing
Slightly volatile
Inventories895.1 M811 M815.5 M
Decreasing
Slightly volatile

Northrop Grumman Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues30.9 B35.7 B28.9 B
Increasing
Slightly volatile
Cost of Revenue30.2 B33.7 B23.1 B
Increasing
Slightly volatile
Selling General and Administrative Expense3.6 B3.9 B2.9 B
Increasing
Slightly volatile
Operating Expenses3.6 B3.9 B2.9 B
Increasing
Slightly volatile
Interest Expense563.4 M682 M394.7 M
Increasing
Slightly volatile
Income Tax Expense575.9 M485.1 M725.8 M
Decreasing
Slightly volatile
Consolidated Income3.3 B3.7 B2.5 B
Increasing
Slightly volatile
Net Income7.6 BBB
Increasing
Slightly volatile
Net Income Common Stock3.3 B3.7 B2.5 B
Increasing
Slightly volatile
Weighted Average Shares203.7 M160.3 M206 M
Decreasing
Slightly volatile
Weighted Average Shares Diluted205.4 M160.9 M208.3 M
Decreasing
Slightly volatile
Earning Before Interest and Taxes EBIT4.6 BB3.7 B
Increasing
Slightly volatile
Revenues USD38.2 B42.3 B29.5 B
Increasing
Slightly volatile
Net Income Common Stock USD3.3 B3.7 B2.5 B
Increasing
Slightly volatile
Earning Before Interest and Taxes USD4.6 BB3.7 B
Increasing
Slightly volatile
Gross ProfitB8.6 B6.4 B
Increasing
Slightly volatile
Operating Income3.4 B3.7 B3.4 B
Increasing
Slightly volatile
Direct Expenses24.4 B28.4 B22.7 B
Increasing
Slightly volatile

Northrop Grumman Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow Business Acquisitions and Disposals(7.1 B)(6.9 B)(6.2 B)
Decreasing
Slightly volatile
Net Cash Flow Investment Acquisitions and Disposals310.2 M287.5 M199.7 M
Increasing
Slightly volatile
Net Cash Flow from Financing(7.2 B)(7 B)(2.3 B)
Decreasing
Stable
Issuance Repayment of Debt Securities 1.3 B1.3 B1.1 B
Increasing
Very volatile
Net Cash Flow from Investing2.2 B2.1 B(792.2 M)
Increasing
Very volatile
Net Cash Flow from Operations3.1 B3.6 BB
Increasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents3.3 B3.1 B615.2 M
Increasing
Stable
Share Based Compensation80.6 M81 M88.8 M
Decreasing
Stable
Depreciation Amortization and Accretion1.2 B1.5 B761.8 M
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share47.1543.716.6994
Increasing
Slightly volatile
Earnings per Diluted Share46.9843.5416.5815
Increasing
Slightly volatile
Earnings per Basic Share USD18.421.9413.1231
Increasing
Slightly volatile
Dividends per Basic Common Share5.386.523.768
Increasing
Slightly volatile
Return on Average Equity64.3159.604332.7881
Increasing
Slightly volatile
Return on Average Assets17.3716.09468.8989
Increasing
Slightly volatile
Return on Invested Capital0.190.150.264
Decreasing
Slightly volatile
Gross Margin19.920.377421.6564
Decreasing
Very volatile
Profit Margin21.1919.6410.0327
Increasing
Slightly volatile
EBITDA Margin32.4730.092216.9736
Increasing
Slightly volatile
Return on Sales0.140.130.1279
Increasing
Stable
Asset Turnover0.960.81950.9182
Decreasing
Slightly volatile
Payout Ratio0.340.340.2928
Increasing
Slightly volatile
Enterprise Value over EBITDA12.1912.6310.0191
Increasing
Slightly volatile
Enterprise Value over EBIT15.1616.112.1741
Increasing
Slightly volatile
Price to Earnings Ratio18.418.3715.59
Increasing
Slightly volatile
Sales per Share179223149
Increasing
Slightly volatile
Price to Sales Ratio1.581.591.3278
Increasing
Slightly volatile
Price to Book Value5.55.524.6347
Increasing
Slightly volatile
Debt to Equity Ratio0.960.98851.0398
Increasing
Slightly volatile
Dividend Yield0.01780.01710.0204
Decreasing
Slightly volatile
Current Ratio1.281.30391.3892
Increasing
Very volatile
Free Cash Flow per Share12.0513.948811.2389
Increasing
Slightly volatile
Book Value per Share62.7372.8146.0991
Increasing
Slightly volatile
Tangible Assets Book Value per Share14518097.7515
Increasing
Slightly volatile
Total Assets Per Share216272175
Increasing
Slightly volatile
Cash Flow Per Share18.7422.823816.2052
Increasing
Slightly volatile
Return on Investment19.2414.526219.9652
Decreasing
Slightly volatile
Operating Margin12.3710.292412.0405
Increasing
Very volatile
Calculated Tax Rate25.7321.626824.8527
Decreasing
Slightly volatile
Receivables Turnover7.025.24517.3236
Decreasing
Slightly volatile
Inventory Turnover30.7636.177128.0629
Increasing
Slightly volatile
PPandE Turnover6.444.76676.7625
Decreasing
Slightly volatile
Cash and Equivalents Turnover7.918.45498.1854
Increasing
Stable
Accounts Payable Turnover19.4217.820117.5011
Decreasing
Very volatile
Accrued Expenses Turnover20.9717.878220.0437
Decreasing
Slightly volatile
Interest Coverage9.346.602510.0795
Decreasing
Slightly volatile
Long Term Debt to Equity0.960.98851.0349
Increasing
Slightly volatile
Quick Ratio1.071.09981.1485
Increasing
Very volatile
Net Current Assets as percentage of Total Assets7.246.80158.5806
Increasing
Very volatile
Revenue to Assets0.970.83770.9112
Decreasing
Slightly volatile

Northrop Grumman Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax4.1 B4.3 B3.3 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA11.6 B10.7 B5.1 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD5.8 B6.4 B4.4 B
Increasing
Slightly volatile
Market Capitalization51.1 B58.4 B38.1 B
Increasing
Slightly volatile
Enterprise Value60.5 B70.6 B44.3 B
Increasing
Slightly volatile
Invested Capital24.9 B31.4 B16.6 B
Increasing
Slightly volatile
Average Equity8.5 BBB
Decreasing
Slightly volatile
Average Assets44.1 B50.6 B32.8 B
Increasing
Slightly volatile
Invested Capital Average23.9 B29.9 B16.1 B
Increasing
Slightly volatile
Tangible Asset Value25.7 B30.1 B18.7 B
Increasing
Slightly volatile
Free Cash Flow3.1 B3.6 B2.4 B
Increasing
Slightly volatile
Working Capital5.2 B6.6 B3.5 B
Increasing
Slightly volatile
Revenue Per Employee367.4 K405.3 K366 K
Increasing
Slightly volatile
Net Income Per Employee85.9 K79.6 K37.8 K
Increasing
Slightly volatile

Northrop Fundamental Market Drivers

Forward Price Earnings17.22
Short Percent Of Float1.11%
Average Daily Volume Last 10 Day785.13k
Shares Short Prior Month1.92M
Average Daily Volume In Three Month789.31k
Date Short Interest15th of July 2022
Fifty Day Average466.06
Two Hundred Day Average423.89

Northrop Upcoming Events

Upcoming Quarterly Report27th of January 2022
Next Financial Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End27th of January 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

About Northrop Grumman Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Northrop Grumman income statement, its balance sheet, and the statement of cash flows. Northrop Grumman investors use historical funamental indicators, such as Northrop Grumman's revenue or net income, to determine how well the company is positioned to perform in the future. Although Northrop Grumman investors may use each financial statement separately, they are all related. The changes in Northrop Grumman's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Northrop Grumman's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Northrop Grumman Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Northrop Grumman. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Deferred Revenue2.9 B2.7 B
Cost of Revenue33.7 B30.2 B
Revenues35.7 B30.9 B
Revenue to Assets 0.84  0.97 
Revenue Per Employee405.3 K367.4 K
Northrop Grumman Corporation operates as an aerospace and defense company worldwide. The company was founded in 19 and is based in Falls Church, Virginia. Northrop Grumman operates under Aerospace Defense classification in the United States and is traded on New York Stock Exchange. It employs 88000 people.

Northrop Grumman Investors Sentiment

The influence of Northrop Grumman's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Northrop. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Northrop Grumman's public news can be used to forecast risks associated with investment in Northrop. The trend in average sentiment can be used to explain how an investor holding Northrop can time the market purely based on public headlines and social activities around Northrop Grumman Corp. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Northrop Grumman's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Northrop Grumman's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Northrop Grumman's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Northrop Grumman.

Northrop Grumman Implied Volatility

    
  32.43  
Northrop Grumman's implied volatility exposes the market's sentiment of Northrop Grumman Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Northrop Grumman's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Northrop Grumman stock will not fluctuate a lot when Northrop Grumman's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Northrop Grumman in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Northrop Grumman's short interest history, or implied volatility extrapolated from Northrop Grumman options trading.

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Additionally, see the analysis of Northrop Grumman Correlation against competitors. Note that the Northrop Grumman Corp information on this page should be used as a complementary analysis to other Northrop Grumman's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Bond Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for Northrop Stock analysis

When running Northrop Grumman Corp price analysis, check to measure Northrop Grumman's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Northrop Grumman is operating at the current time. Most of Northrop Grumman's value examination focuses on studying past and present price action to predict the probability of Northrop Grumman's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Northrop Grumman's price. Additionally, you may evaluate how the addition of Northrop Grumman to your portfolios can decrease your overall portfolio volatility.
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Is Northrop Grumman's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northrop Grumman. If investors know Northrop will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northrop Grumman listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.056
Market Capitalization
74.2 B
Quarterly Revenue Growth YOY
-0.038
Return On Assets
0.11
Return On Equity
0.46
The market value of Northrop Grumman Corp is measured differently than its book value, which is the value of Northrop that is recorded on the company's balance sheet. Investors also form their own opinion of Northrop Grumman's value that differs from its market value or its book value, called intrinsic value, which is Northrop Grumman's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northrop Grumman's market value can be influenced by many factors that don't directly affect Northrop Grumman's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northrop Grumman's value and its price as these two are different measures arrived at by different means. Investors typically determine Northrop Grumman value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northrop Grumman's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.