Northrop Grumman (NOC) Interest Coverage Ratio: History & Chart

Northrop Grumman Corporation(NOC)

Aerospace & Defense · Falls Church, VA

$510.52+1.54 (+0.30%)

Delayed quote: Sep 25, 2026, 4:00 PM EDT

About Northrop Grumman Corporation

Northrop Grumman Corporation is a leading global player in the aerospace and defense sectors. Its Aeronautics Systems division is responsible for the full lifecycle of aircraft, from design and development to production, integration, and ongoing maintenance. This includes a diverse portfolio of crewed and uncrewed aerial platforms: advanced strategic long-range strike aircraft, tactical fighter and air superiority jets, and sophisticated airborne systems for battle management and command and control. Additionally, it specializes in autonomous uncrewed aircraft systems, such as high-altitude, long-endurance strategic intelligence, surveillance, and reconnaissance (ISR) platforms, alongside vertical take-off and landing tactical ISR systems. The Defense Systems segment focuses on creating and delivering a wide array of weapons and mission technologies. Its offerings encompass integrated battle management solutions, various weapons platforms, and specialized aircraft. Key products include command and control systems, munitions, and missiles, alongside precision strike capabilities. The segment is also at the forefront of propulsion technologies, offering both air-breathing and advanced hypersonic systems, as well as sophisticated gun systems and precision munitions. Beyond products, it provides comprehensive life-cycle support, including software services, ongoing maintenance, logistics, operational assistance, and modernization efforts for air, sea, and ground-based defense systems. Within its Mission Systems division, Northrop Grumman delivers critical capabilities spanning cybersecurity, C4ISR (command, control, communications, computers, intelligence, surveillance, and reconnaissance). This includes developing advanced sensing technologies such as radar, electro-optical/infrared, and acoustic sensors, alongside electronic warfare systems. The division also provides cutting-edge communications and networking solutions, intelligence processing, navigation systems, and maritime power, propulsion, and payload launch systems. Furthermore, it supplies airborne multifunction sensors, integrated maritime and land-based systems, targeting and survivability solutions, and robust networked information platforms. The Space Systems segment is a key provider of space-based solutions, delivering satellites and their associated payloads, along with essential ground control systems. It specializes in missile defense systems, including interceptors, and offers a range of launch vehicles with their propulsion components, as well as strategic missile technologies. Established in 1939, the corporation maintains its headquarters in Falls Church, Virginia.

Falls Church, VA

95,000 employees

www.northropgrumman.com

Industrials / Aerospace & Defense

Sector: Industrials
Industry: Aerospace & Defense
CEO: Kathy J. Warden

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NOC Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

6.44x

INTEREST COVERAGE RATIO AVG TTM

6.96x

INTEREST COVERAGE RATIO AVG 3Y

6.98x

INTEREST COVERAGE RATIO AVG 5Y

7.04x

INTEREST COVERAGE RATIO AVG 10Y

7.00x

INTEREST COVERAGE RATIO AVG 15Y

9.23x

INTEREST COVERAGE RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

-7.49%

CURRENT VS 3Y AVG

-7.72%

CURRENT VS 5Y AVG

-8.52%

CURRENT VS 10Y AVG

-8.06%

CURRENT VS 15Y AVG

-30.20%

CURRENT VS 20Y AVG

N/A

SECTOR MEDIAN · INDUSTRIALS

7.85x

median of 140 covered companies

CURRENT VS SECTOR MEDIAN

-17.96%

vs the sector median at left

NAME	MARKET CAP	INTEREST COVERAGE RATIO	TTM	3Y	5Y
Northrop Grumman Corporation (NOC)	$72.53B	6.44x	6.96x	6.98x	7.04x
Cummins Inc. (CMI)vs ›	$72.45B	11.75x	10.95x	10.33x	14.73x
Canadian National Railway Company (CNI)vs ›	$73.15B	7.21x	7.11x	8.96x	8.95x
Norfolk Southern Corporation (NSC)vs ›	$70.30B	5.06x	4.86x	5.11x	5.44x
Canadian Pacific Kansas City Ltd. (CP)vs ›	$76.40B	6.40x	6.44x	5.92x	6.36x
FedEx Corporation (FDX)vs ›	$67.63B	12.43x	10.07x	9.09x	8.90x
Honeywell International Inc. (HON)vs ›	$67.37B	4.89x	5.63x	8.73x	11.48x
Illinois Tool Works Inc. (ITW)vs ›	$78.92B	14.44x	14.75x	15.84x	15.76x
Republic Services, Inc. (RSG)vs ›	$65.26B	5.79x	5.83x	5.81x	5.84x
United Parcel Service, Inc. (UPS)vs ›	$79.80B	7.78x	8.94x	12.16x	13.22x

NAME

MARKET CAP

INTEREST COVERAGE RATIO

TTM

Northrop Grumman Corporation (NOC)

$72.53B

6.44x

6.96x

6.98x

7.04x

Cummins Inc. (CMI)vs ›

$72.45B

11.75x

10.95x

10.33x

14.73x

Canadian National Railway Company (CNI)vs ›

$73.15B

7.21x

7.11x

8.96x

8.95x

Norfolk Southern Corporation (NSC)vs ›

$70.30B

5.06x

4.86x

5.11x

5.44x

Canadian Pacific Kansas City Ltd. (CP)vs ›

$76.40B

6.40x

6.44x

5.92x

6.36x

FedEx Corporation (FDX)vs ›

$67.63B

12.43x

10.07x

9.09x

8.90x

Honeywell International Inc. (HON)vs ›

$67.37B

4.89x

5.63x

8.73x

11.48x

Illinois Tool Works Inc. (ITW)vs ›

$78.92B

14.44x

14.75x

15.84x

15.76x

Republic Services, Inc. (RSG)vs ›

$65.26B

5.79x

5.83x

5.81x

5.84x

United Parcel Service, Inc. (UPS)vs ›

$79.80B

7.78x

8.94x

12.16x

13.22x

Interest Coverage Ratio FAQ

What is the interest coverage ratio for Northrop Grumman Corporation (NOC)?

The interest coverage ratio for NOC stock is 6.44x.

Is Northrop Grumman Corporation's interest coverage ratio high or low?

The interest coverage ratio of 6.44x is in line with its 5-year average of 7.04x, near the high end of its 5-year range (-3.07x–8.24x).

What is the TTM average interest coverage ratio for Northrop Grumman Corporation (NOC)?

The TTM average interest coverage ratio for NOC stock is 6.96x.

What is the 3Y average interest coverage ratio for Northrop Grumman Corporation (NOC)?

The 3Y average interest coverage ratio for NOC stock is 6.98x.

What is the 5Y average interest coverage ratio for Northrop Grumman Corporation (NOC)?

The 5Y average interest coverage ratio for NOC stock is 7.04x.

What is the 10Y average interest coverage ratio for Northrop Grumman Corporation (NOC)?

The 10Y average interest coverage ratio for NOC stock is 7.00x.

What is the 15Y average interest coverage ratio for Northrop Grumman Corporation (NOC)?

The 15Y average interest coverage ratio for NOC stock is 9.23x.

DATE	INTEREST COVERAGE RATIO
2026-06-30	6.81x
2026-03-31	6.10x
2025-12-31	5.94x
2025-09-30	7.71x
2025-06-30	8.24x
2025-03-31	3.67x
2024-12-31	6.81x
2024-09-30	6.96x
2024-06-30	7.08x
2024-03-31	7.34x
2023-12-31	-3.07x
2023-09-30	7.21x
2023-06-30	6.58x
2023-03-31	7.34x
2022-12-31	7.55x
2022-09-30	6.92x
2022-06-30	7.28x
2022-03-31	6.74x
2021-12-31	5.58x
2021-09-30	7.90x
2021-06-30	7.68x
2021-03-31	18.21x
2020-12-31	7.20x
2020-09-30	6.40x
2020-06-30	6.45x
2020-03-31	7.47x
2019-12-31	8.74x
2019-09-30	7.73x
2019-06-30	6.91x
2019-03-31	6.78x
2018-12-31	6.51x
2018-09-30	8.86x
2018-06-30	5.72x
2018-03-31	5.97x
2017-12-31	5.64x
2017-09-30	11.58x
2017-06-30	11.25x
2017-03-31	11.09x
2016-12-31	10.79x
2016-09-30	11.16x
2016-06-30	10.77x
2016-03-31	9.72x
2015-12-31	9.19x
2015-09-30	10.59x
2015-06-30	10.84x
2015-03-31	10.26x
2014-12-31	10.30x
2014-09-30	11.14x
2014-06-30	11.71x
2014-03-31	12.25x
2013-12-31	10.38x
2013-09-30	11.29x
2013-06-30	13.43x
2013-03-31	14.32x
2012-12-31	15.26x
2012-09-30	13.89x
2012-06-30	14.88x
2012-03-31	15.02x
2011-12-31	15.08x
2011-09-30	14.47x
2011-06-30	15.87x
2011-03-31	13.98x
2010-12-31	12.12x
2010-09-30	11.78x
2010-06-30	10.53x
2010-03-31	9.56x
2009-12-31	8.39x
2009-09-30	8.62x
2009-06-30	9.33x
2009-03-31	8.97x

DATE

INTEREST COVERAGE RATIO

2026-06-30

6.81x

2026-03-31

6.10x

2025-12-31

5.94x

2025-09-30

7.71x

2025-06-30

8.24x

2025-03-31

3.67x

2024-12-31

6.81x

2024-09-30

6.96x

2024-06-30

7.08x

2024-03-31

7.34x

2023-12-31

-3.07x

2023-09-30

7.21x

2023-06-30

6.58x

2023-03-31

7.34x

2022-12-31

7.55x

2022-09-30

6.92x

2022-06-30

7.28x

2022-03-31

6.74x

2021-12-31

5.58x

2021-09-30

7.90x

2021-06-30

7.68x

2021-03-31

18.21x

2020-12-31

7.20x

2020-09-30

6.40x

2020-06-30

6.45x

2020-03-31

7.47x

2019-12-31

8.74x

2019-09-30

7.73x

2019-06-30

6.91x

2019-03-31

6.78x

2018-12-31

6.51x

2018-09-30

8.86x

2018-06-30

5.72x

2018-03-31

5.97x

2017-12-31

5.64x

2017-09-30

11.58x

2017-06-30

11.25x

2017-03-31

11.09x

2016-12-31

10.79x

2016-09-30

11.16x

2016-06-30

10.77x

2016-03-31

9.72x

2015-12-31

9.19x

2015-09-30

10.59x

2015-06-30

10.84x

2015-03-31

10.26x

2014-12-31

10.30x

2014-09-30

11.14x

2014-06-30

11.71x

2014-03-31

12.25x

2013-12-31

10.38x

2013-09-30

11.29x

2013-06-30

13.43x

2013-03-31

14.32x

2012-12-31

15.26x

2012-09-30

13.89x

2012-06-30

14.88x

2012-03-31

15.02x

2011-12-31

15.08x

2011-09-30

14.47x

2011-06-30

15.87x

2011-03-31

13.98x

2010-12-31

12.12x

2010-09-30

11.78x

2010-06-30

10.53x

2010-03-31

9.56x

2009-12-31

8.39x

2009-09-30

8.62x

2009-06-30

9.33x

2009-03-31

8.97x

Interest Coverage Ratio: 6.44x

NOC Interest Coverage Ratio

NOC Average Interest Coverage Ratio Chart

NOC Current vs Average Interest Coverage Ratio Chart

NOC Interest Coverage Ratio Metrics

NOC Competitors' Interest Coverage Ratio

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Interest Coverage Ratio Formula & Definition

Interest Coverage Ratio FAQ

NOC Interest Coverage Ratio History

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