Northrop Grumman revenue and financials
$483.11Change from previous close: +1.47%Absolute change: +$7.00
In the fiscal year ended December 2025, Northrop Grumman reported revenue of $41.95B (+2.24% year over year). Net income was $4.18B, a net margin of 10.0%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +2.24%
- 2025 vs 2024
- Net income growth
- +0.19%
- 2025 vs 2024
- Net margin
- 10.0%
- 2024: 10.2%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 4,757 | 4,388 | 3,875 | 2,901 | 3,567 | 4,305 | 4,297 | 3,827 | 2,613 | 2,813 |
| Depreciation and amortization | 1,472 | 1,370 | 1,338 | 1,342 | 1,239 | 1,267 | 1,265 | 800 | 475 | 456 |
| Capital expenditure | -1,450 | -1,767 | -1,775 | -1,435 | -1,415 | -1,420 | -1,264 | -1,249 | -928 | -920 |
| Investing cash flow | -1,155 | -1,749 | -1,582 | -1,241 | 2,058 | — | — | — | — | — |
| Financing cash flow | -3,552 | -1,395 | -1,761 | -2,613 | -7,002 | — | — | — | — | — |
| Dividends paid | -1,293 | -1,186 | -1,116 | -1,052 | -983 | -953 | -880 | -821 | -689 | -640 |
| Share repurchases | -1,624 | -2,514 | -1,500 | -1,504 | -3,705 | -490 | -744 | -1,263 | -393 | -1,547 |
| Debt issued | 998 | 2,495 | 1,995 | 0.0 | — | — | — | — | — | — |
| Debt repaid | -1,500 | 0.0 | -1,050 | 0.0 | -2,236 | — | — | — | — | — |
| Net change in cash | 50.0 | 1,244 | 532 | -953 | -1,377 | — | — | — | — | — |
| Free cash flow | 3,307 | 2,621 | 2,100 | 1,466 | 2,152 | — | — | — | — | — |
| Levered free cash flow | 2,900 | 4,060 | 1,633 | 3,612 | 6,461 | — | — | — | — | — |