Northrop Grumman Corporation (NOC)

Solvency & Capital Structure

Total Debt

$16.29B

Net Debt

$13.98B

Northrop Grumman Corporation currently has $16.29B in total debt. Net debt is $13.98B after cash offsets.

Financial Fundamentals

NOC • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-06-30	16.29	2.31	13.98	50.76	32.1%
2026-03-31	17.07	2.09	14.98	50.01	34.1%
2025-12-31	19.74	4.40	15.34	51.38	38.4%
2025-09-30	19.29	1.96	17.33	49.30	39.1%
2025-06-30	19.32	1.90	17.42	49.45	39.1%
2025-03-31	18.48	1.69	16.80	48.47	38.1%
2024-12-31	20.19	4.35	15.84	49.36	40.9%
2024-09-30	19.92	3.33	16.59	48.29	41.3%
2024-06-30	20.04	3.27	16.76	47.67	42.0%
2024-03-31	19.98	3.06	16.92	47.82	41.8%
2023-12-31	17.94	3.11	14.83	46.54	38.5%
2023-09-30	17.33	2.08	15.25	44.90	38.6%
2023-06-30	18.44	3.38	15.05	45.61	40.4%
2023-03-31	18.43	2.50	15.94	44.24	41.7%
2022-12-31	16.82	2.58	14.25	43.76	38.5%
2022-09-30	16.26	1.67	14.60	42.73	38.1%
2022-06-30	16.16	1.17	14.99	41.91	38.5%
2022-03-31	16.15	2.17	13.98	41.90	38.6%
2021-12-31	16.25	3.53	12.72	42.58	38.2%
2021-09-30	15.51	4.05	11.46	42.35	36.6%
2021-06-30	15.55	3.94	11.61	42.14	36.9%
2021-03-31	15.51	3.52	12.00	41.42	37.5%
2020-12-31	17.95	4.91	13.04	44.47	40.4%
2020-09-30	18.65	5.00	13.65	44.77	41.7%
2020-06-30	18.73	4.18	14.55	43.48	43.1%
2020-03-31	18.65	3.28	15.37	43.20	43.2%
2019-12-31	16.83	2.25	14.59	41.09	41.0%
2019-09-30	17.14	1.13	16.01	40.55	42.3%
2019-06-30	17.09	1.09	16.00	39.58	43.2%
2019-03-31	16.81	0.76	16.06	39.75	42.3%
2018-12-31	14.40	1.58	12.82	37.65	38.2%
2018-09-30	14.41	1.23	13.18	37.94	38.0%
2018-06-30	15.13	1.54	13.59	37.38	40.5%
2018-03-31	15.26	10.37	4.89	34.80	43.9%
2017-12-31	15.27	11.22	4.04	34.92	43.7%
2017-09-30	7.09	1.88	5.21	26.51	26.7%
2017-06-30	7.08	1.38	5.70	25.81	27.4%
2017-03-31	7.06	1.40	5.66	25.41	27.8%
2016-12-31	7.07	2.54	4.53	25.61	27.6%
2016-09-30	6.39	1.10	5.28	24.10	26.5%
2016-06-30	6.39	1.14	5.25	24.08	26.5%
2016-03-31	6.39	1.28	5.11	23.93	26.7%
2015-12-31	6.42	2.32	4.10	24.45	26.2%
2015-09-30	6.42	1.29	5.13	23.97	26.8%
2015-06-30	6.42	1.91	4.51	24.55	26.1%
2015-03-31	6.42	2.65	3.77	25.27	25.4%
2014-12-31	5.92	3.86	2.06	26.57	22.3%
2014-09-30	5.93	3.40	2.52	25.04	23.7%
2014-06-30	5.93	3.48	2.45	25.35	23.4%
2014-03-31	5.93	3.88	2.04	25.54	23.2%
2013-12-31	5.93	5.15	0.78	26.38	22.5%
2013-09-30	5.93	4.94	0.98	27.41	21.6%
2013-06-30	5.93	4.90	1.02	27.51	21.6%
2013-03-31	3.94	3.18	0.75	25.91	15.2%
2012-12-31	3.93	3.86	0.07	26.54	14.8%
2012-09-30	3.93	3.52	0.41	25.26	15.6%
2012-06-30	3.93	3.15	0.78	25.23	15.6%
2012-03-31	3.93	2.68	1.25	25.05	15.7%
2011-12-31	3.95	3.00	0.95	25.41	15.5%
2011-09-30	3.98	2.95	1.03	25.10	15.8%
2011-06-30	3.98	2.81	1.17	25.38	15.7%
2011-03-31	3.98	4.02	-0.04Net Cash	26.79	14.8%
2010-12-31	4.83	3.70	1.13	31.42	15.4%
2010-09-30	4.21	2.53	1.68	30.18	13.9%
2010-06-30	4.21	2.04	2.17	29.69	14.2%
2010-03-31	4.21	1.96	2.25	29.76	14.2%
2009-12-31	4.29	3.27	1.02	30.25	14.2%
2009-09-30	4.71	1.92	2.79	30.84	15.3%
2009-06-30	3.87	1.06	2.81	30.15	12.8%
2009-03-31	3.94	0.88	3.06	30.14	13.1%
2008-12-31	3.94	1.50	2.44	30.20	13.1%
2008-09-30	3.94	1.02	2.93	33.25	11.9%
2008-06-30	3.94	0.58	3.36	33.47	11.8%
2008-03-31	4.10	0.43	3.67	33.38	12.3%
2007-12-31	4.05	0.96	3.09	33.37	12.2%
2007-09-30	4.04	0.71	3.32	32.22	12.5%
2007-06-30	4.05	0.52	3.53	32.03	12.6%
2007-03-31	4.39	0.36	4.03	32.05	13.7%
2006-12-31	4.16	1.01	3.15	32.01	13.0%
2006-09-30	4.65	1.46	3.18	34.05	13.6%
2006-06-30	4.63	0.75	3.88	33.68	13.8%
2006-03-31	4.71	0.37	4.34	33.52	14.1%
2005-12-31	5.14	1.60	3.54	34.21	15.0%
2005-09-30	5.15	1.71	3.44	33.85	15.2%
2005-06-30	5.16	1.22	3.94	33.45	15.4%
2005-03-31	5.16	0.78	4.38	33.20	15.6%
2004-12-31	5.16	1.23	3.93	33.36	15.5%
2004-09-30	5.77	0.85	4.92	33.53	17.2%
2004-06-30	5.76	0.56	5.21	33.33	17.3%
2004-03-31	5.96	0.46	5.50	33.34	17.9%
2003-12-31	5.88	0.34	5.54	33.01	17.8%
2003-09-30	6.41	0.36	6.05	33.66	19.1%
2003-06-30	6.58	0.27	6.31	33.99	19.4%
2003-03-31	7.08	0.41	6.68	34.36	20.6%
2002-12-31	9.62	1.41	8.21	42.27	22.8%
2002-09-30	5.03	0.46	4.57	20.81	24.2%
2002-06-30	5.17	0.20	4.97	21.38	24.2%
2002-03-31	5.49	0.12	5.37	21.46	25.6%
2001-12-31	5.49	0.46	5.03	20.89	26.3%
2001-09-30	5.32	0.31	5.01	17.21	30.9%
2001-06-30	5.47	0.23	5.25	17.33	31.6%
2001-03-31	3.10	1.64	1.47	11.19	27.8%
2000-12-31	1.61	0.32	1.30	9.62	16.8%
2000-09-30	1.82	0.75	1.07	9.35	19.5%
2000-06-30	1.96	0.10	1.86	9.06	21.6%
2000-03-31	2.10	0.04	2.05	9.39	22.3%
1999-12-31	2.23	0.14	2.08	9.29	24.0%
1999-09-30	2.60	0.04	2.56	9.63	27.0%
1999-06-30	3.14	0.09	3.05	9.66	32.5%
1999-03-31	2.73	0.03	2.70	9.56	28.5%
1998-12-31	2.83	0.04	2.79	9.54	29.7%
1998-09-30	2.94	0.08	2.86	9.97	29.4%
1998-06-30	2.89	0.04	2.85	9.98	29.0%
1998-03-31	2.84	0.02	2.81	9.74	29.1%
1997-12-31	2.79	0.06	2.73	9.68	28.8%
1997-09-30	3.19	0.05	3.14	9.78	32.6%
1997-06-30	3.31	0.05	3.26	9.70	34.1%
1997-03-31	3.38	0.04	3.33	9.58	35.3%
1996-12-31	3.38	0.04	3.33	9.42	35.9%
1996-09-30	3.53	0.09	3.44	9.51	37.1%