SuperworthNorthrop Grumman profit margin NOC
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 10.5%
- Operating margin, 12 months
- 10.7%
- Net margin on a year earlier
- +0.7 pts
- Peer median
- 8.2%
Over the twelve months to Jun 30, 2026, Northrop Grumman kept 10.5% of its revenue as net profit, with an operating margin of 10.7% and a gross margin of 20.1%.
Five years earlier its net margin was 12.1%.
The median for 10 aerospace and defense stocks of a similar size is 8.2%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 10.0% | 10.8% | 19.8% |
| FY2024 | 10.2% | 10.7% | 20.4% |
| FY2023 | 5.2% | 6.5% | 16.7% |
| FY2022 | 13.4% | 9.8% | 20.4% |
| FY2021 | 19.6% | 15.8% | 20.4% |
| FY2020 | 8.7% | 11.0% | 20.3% |
| FY2019 | 6.6% | 11.7% | 21.5% |
| FY2018 | 10.7% | 12.6% | 22.6% |
| FY2017 | 11.0% | 12.4% | 22.8% |
| FY2016 | 9.0% | 13.0% | 23.6% |
| FY2015 | 8.5% | 13.1% | 24.0% |
| FY2014 | 8.6% | 13.3% | 23.4% |
| FY2013 | 7.9% | 12.7% | 21.8% |
| FY2012 | 7.8% | 12.4% | 22.1% |
| FY2011 | 8.0% | 12.4% | 21.3% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 10.5% | +0.7 pts | 10.7% | |
| Q1 FY26 | 10.8% | +1.6 pts | 11.6% | |
| Q4 FY25 | 10.0% | −0.2 pts | 10.8% | |
| Q3 FY25 | 9.8% | +4.0 pts | 10.6% | |
| Q2 FY25 | 9.7% | +4.1 pts | 10.4% | |
| Q1 FY25 | 9.2% | +3.8 pts | 9.6% | |
| Q4 FY24 | 10.2% | +4.9 pts | 10.7% | |
| Q3 FY24 | 5.8% | −6.3 pts | 7.0% | |
| Q2 FY24 | 5.6% | −6.7 pts | 6.8% | |
| Q1 FY24 | 5.4% | −7.5 pts | 6.6% | |
| Q4 FY23 | 5.2% | −8.1 pts | 6.5% | |
| Q3 FY23 | 12.1% | −3.6 pts | 9.9% |
Against its peers
Companies in Aerospace & Defense nearest Northrop Grumman's size, closest first, today.
| Company | Profit margin |
|---|---|
| NOCNorthrop Grumman | 10.5% |
| HWMHowmet Aerospace | 20.5% |
| GDGeneral Dynamics | 8.2% |
| TDGTransDigm | 21.3% |
| HONAHoneywell Aerospace | n/m |
| LHXL3Harris Technologies | n/m |
| LMTLockheed Martin | 8.2% |
| HEIHEICO | 16.4% |
| BABoeing | 2.6% |
| AXONAxon Enterprise | 6.2% |
| RTXRTX | n/m |
| Peer median | 8.2% |
Where Northrop Grumman ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Northrop Grumman
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.