NOC - Northrop Grumman Corporation
NYSE
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Aerospace & Defense
Falls Church,
United States
Type: Equity
NOC price evolution
NOC
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $3109 | $2082 | $3384 | $2495 |
| Short term investments | ||||
| Net receivables | $7147 | $8034 | $7966 | $8276 |
| Inventory | $1109 | $1355 | $1287 | $1115 |
| Total current assets | $13706 | $13150 | $13869 | $12810 |
| Long term investments | ||||
| Property, plant & equipment | $11471 | $10887 | $10739 | $10617 |
| Goodwill & intangible assets | $17822 | $17838 | $17861 | $17880 |
| Total noncurrent assets | $32838 | $31746 | $31740 | $31434 |
| Total investments | ||||
| Total assets | $46544 | $44896 | $45609 | $44244 |
| Current liabilities | ||||
| Accounts payable | $2110 | $2260 | $2056 | $2136 |
| Deferred revenue | $4193 | $3458 | $3397 | $3211 |
| Short long term debt | ||||
| Total current liabilities | $11942 | $10305 | $11557 | $10483 |
| Long term debt | $15678 | $15529 | $15568 | $15559 |
| Total noncurrent liabilities | $19807 | $18663 | $18566 | $18625 |
| Total debt | $15678 | $15529 | $15568 | $15559 |
| Total liabilities | $31749 | $28968 | $30123 | $29108 |
| Shareholders' equity | ||||
| Retained earnings | $14773 | $15924 | $15485 | $15135 |
| Other shareholder equity | -$128 | -$147 | -$150 | -$151 |
| Total shareholder equity | $14795 | $15928 | $15486 | $15136 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $3109 | $2577 | $3530 | $4907 |
| Short term investments | ||||
| Net receivables | $7147 | $7494 | $6959 | $6641 |
| Inventory | $1109 | $978 | $811 | $759 |
| Total current assets | $13706 | $12488 | $12426 | $15344 |
| Long term investments | $396 | |||
| Property, plant & equipment | $11471 | $10611 | $9549 | $8604 |
| Goodwill & intangible assets | $17822 | $17900 | $18093 | $18301 |
| Total noncurrent assets | $32838 | $31267 | $30153 | $29125 |
| Total investments | ||||
| Total assets | $46544 | $43755 | $42579 | $44469 |
| Current liabilities | ||||
| Accounts payable | $2110 | $2587 | $2197 | $1806 |
| Deferred revenue | $4193 | $3609 | $3026 | $2517 |
| Short long term debt | ||||
| Total current liabilities | $11942 | $11587 | $9530 | $9580 |
| Long term debt | $15678 | $11805 | $14367 | $15604 |
| Total noncurrent liabilities | $19807 | $16856 | $20123 | $24310 |
| Total debt | $15678 | $13629 | $14367 | $15604 |
| Total liabilities | $31749 | $28443 | $29653 | $33890 |
| Shareholders' equity | ||||
| Retained earnings | $14773 | $15312 | $12913 | $10482 |
| Other shareholder equity | -$128 | -$153 | -$143 | -$128 |
| Total shareholder equity | $14795 | $15312 | $12926 | $10579 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $10638 | $9775 | $9576 | $9301 |
| Cost of revenue | $10153 | $7734 | $7536 | $7316 |
| Gross Profit | $485 | $2041 | $2040 | $1985 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $878 | $1025 | $1073 | $1038 |
| Total operating expenses | $878 | $1025 | $1073 | $1038 |
| Operating income | -$393 | $1016 | $967 | $947 |
| Income from continuing operations | ||||
| EBIT | -$629 | $1259 | $1134 | $1127 |
| Income tax expense | -$222 | $181 | $175 | $156 |
| Interest expense | $128 | $141 | $147 | $129 |
| Net income | ||||
| Net income | -$535 | $937 | $812 | $842 |
| Income (for common shares) | -$535 | $937 | $812 | $842 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $39290 | $36602 | $35667 | $36799 |
| Cost of revenue | $32739 | $29128 | $28399 | $29321 |
| Gross Profit | $6551 | $7474 | $7268 | $7478 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $4014 | $3873 | $3597 | $3413 |
| Total operating expenses | $4014 | $3873 | $3597 | $3413 |
| Operating income | $2537 | $3601 | $3671 | $4065 |
| Income from continuing operations | ||||
| EBIT | $2891 | $6342 | $9494 | $4321 |
| Income tax expense | $290 | $940 | $1933 | $539 |
| Interest expense | $545 | $506 | $556 | $593 |
| Net income | ||||
| Net income | $2056 | $4896 | $7005 | $3189 |
| Income (for common shares) | $2056 | $4896 | $7005 | $3189 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | -$535 | $937 | $812 | $842 |
| Operating activities | ||||
| Depreciation | $400 | $317 | $323 | $298 |
| Business acquisitions & disposals | -$157 | $157 | ||
| Stock-based compensation | $23 | $17 | $28 | $19 |
| Total cash flows from operations | $2430 | $1228 | $919 | -$702 |
| Investing activities | ||||
| Capital expenditures | -$803 | -$359 | -$304 | -$309 |
| Investments | $197 | |||
| Total cash flows from investing | -$770 | -$200 | -$303 | -$309 |
| Financing activities | ||||
| Dividends paid | -$282 | -$280 | -$284 | -$270 |
| Sale and purchase of stock | -$346 | -$223 | -$208 | -$723 |
| Net borrowings | -$1818 | $768 | $1995 | |
| Total cash flows from financing | -$633 | -$2330 | $273 | $929 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $1027 | -$1302 | $889 | -$82 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $2056 | $4896 | $7005 | $3189 |
| Operating activities | ||||
| Depreciation | $1338 | $1342 | $1239 | $1267 |
| Business acquisitions & disposals | $3400 | |||
| Stock-based compensation | $87 | $99 | $94 | $90 |
| Total cash flows from operations | $3875 | $2901 | $3567 | $4305 |
| Investing activities | ||||
| Capital expenditures | -$1775 | -$1280 | -$1331 | -$1215 |
| Investments | $197 | |||
| Total cash flows from investing | -$1582 | -$1241 | $2058 | -$1211 |
| Financing activities | ||||
| Dividends paid | -$1116 | -$1052 | -$983 | -$953 |
| Sale and purchase of stock | -$1500 | -$1504 | -$3705 | -$490 |
| Net borrowings | $945 | -$2236 | $1134 | |
| Total cash flows from financing | -$1761 | -$2613 | -$7002 | -$432 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $532 | -$953 | -$1377 | $2662 |
News
Fundamentals
| Market cap | $71.24B |
|---|---|
| Enterprise value | $83.81B |
| Shares outstanding | 150.11M |
| Revenue | $39.29B |
|---|---|
| EBITDA | $4.23B |
| EBIT | $2.89B |
| Net Income | $2.06B |
| Revenue Q/Q | 6.03% |
| Revenue Y/Y | 7.34% |
| P/E ratio | 34.65 |
|---|---|
| EV/Sales | 2.13 |
| EV/EBITDA | 19.82 |
| EV/EBIT | 28.99 |
| P/S ratio | 1.81 |
| P/B ratio | 4.77 |
| Book/Share | 99.41 |
| Cash/Share | 20.71 |
| EPS | $13.70 |
|---|---|
| ROA | 4.54% |
| ROE | 13.41% |
| Debt/Equity | 2.15 |
|---|---|
| Net debt/EBITDA | 6.77 |
| Current ratio | 1.15 |
| Quick ratio | 1.05 |