Operating Margin: 10.01%
Is the operating margin high or low?
The operating margin of 10.01% is in line with its 5-year average of 10.59%, around the middle of its 5-year range (-3.69%–30.82%).
As of Monday, June 29, 2026. 1.14% below its 12-month average of 10.12%.
NOC Operating Margin
Reported quarterly operating margin; no daily interpolation.
NOC Average Operating Margin Chart
NOC Current vs Average Operating Margin Chart
NOC Operating Margin Metrics
OPERATING MARGIN
10.01%
OPERATING MARGIN AVG TTM
10.12%
OPERATING MARGIN AVG 3Y
10.41%
OPERATING MARGIN AVG 5Y
10.52%
OPERATING MARGIN AVG 10Y
11.42%
OPERATING MARGIN AVG 15Y
11.88%
OPERATING MARGIN AVG 20Y
10.95%
CURRENT VS TTM AVG
-1.14%
CURRENT VS 3Y AVG
-3.89%
CURRENT VS 5Y AVG
-4.83%
CURRENT VS 10Y AVG
-12.32%
CURRENT VS 15Y AVG
-15.78%
CURRENT VS 20Y AVG
-8.63%
NOC Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Northrop Grumman Corporation (NOC) | $70.45B | 10.01% | 10.12% | 10.41% | 10.52% |
| United Rentals, Inc. (URI)vs › | $70.33B | 24.67% | 25.59% | 26.46% | 25.20% |
| Norfolk Southern Corporation (NSC)vs › | $71.12B | 32.39% | 31.98% | 31.05% | 33.01% |
| Honeywell International Inc. (HON)vs › | $72.17B | 14.87% | 18.38% | 18.34% | 18.14% |
| Comfort Systems USA, Inc. (FIX)vs › | $68.60B | 15.69% | 12.54% | 9.81% | 8.67% |
| Canadian National Railway Company (CNI)vs › | $72.94B | 37.76% | 37.36% | 38.48% | 37.88% |
| Cintas Corporation (CTAS)vs › | $67.66B | 22.95% | 22.19% | 21.26% | 20.15% |
| TransDigm Group Incorporated (TDG)vs › | $74.02B | 46.51% | 45.81% | 44.20% | 41.06% |
| Republic Services, Inc. (RSG)vs › | $66.05B | 20.05% | 20.06% | 19.25% | 18.72% |
| Illinois Tool Works Inc. (ITW)vs › | $76.95B | 26.42% | 26.55% | 25.49% | 24.82% |
Operating Efficiency
Gross Margin
20.5%
Operating Margin
10.0%
Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Operating Margin FAQ
- What is the operating margin for Northrop Grumman Corporation (NOC)?
- The operating margin for NOC stock is 10.01%.
- Is Northrop Grumman Corporation's operating margin high or low?
- The operating margin of 10.01% is in line with its 5-year average of 10.59%, around the middle of its 5-year range (-3.69%–30.82%).
- What is the TTM average operating margin for Northrop Grumman Corporation (NOC)?
- The TTM average operating margin for NOC stock is 10.12%.
- What is the 3Y average operating margin for Northrop Grumman Corporation (NOC)?
- The 3Y average operating margin for NOC stock is 10.41%.
- What is the 5Y average operating margin for Northrop Grumman Corporation (NOC)?
- The 5Y average operating margin for NOC stock is 10.52%.
- What is the 10Y average operating margin for Northrop Grumman Corporation (NOC)?
- The 10Y average operating margin for NOC stock is 11.42%.
- What is the 15Y average operating margin for Northrop Grumman Corporation (NOC)?
- The 15Y average operating margin for NOC stock is 11.88%.
- What is the 20Y average operating margin for Northrop Grumman Corporation (NOC)?
- The 20Y average operating margin for NOC stock is 10.95%.
NOC Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2026-03-31 | 10.01% |
| 2025-12-31 | 8.88% |
| 2025-09-30 | 11.92% |
| 2025-06-30 | 13.77% |
| 2025-03-31 | 6.05% |
| 2024-12-31 | 10.19% |
| 2024-09-30 | 11.20% |
| 2024-06-30 | 10.67% |
| 2024-03-31 | 10.57% |
| 2023-12-31 | -3.69% |
| 2023-09-30 | 10.39% |
| 2023-06-30 | 10.10% |
| 2023-03-31 | 10.18% |
| 2022-12-31 | 9.03% |
| 2022-09-30 | 9.41% |
| 2022-06-30 | 10.84% |
| 2022-03-31 | 10.20% |
| 2021-12-31 | 8.59% |
| 2021-09-30 | 11.96% |
| 2021-06-30 | 11.41% |
| 2021-03-31 | 30.82% |
| 2020-12-31 | 11.28% |
| 2020-09-30 | 10.84% |
| 2020-06-30 | 11.19% |
| 2020-03-31 | 10.84% |
| 2019-12-31 | 13.03% |
| 2019-09-30 | 11.22% |
| 2019-06-30 | 11.19% |
| 2019-03-31 | 11.43% |
| 2018-12-31 | 11.34% |
| 2018-09-30 | 14.57% |
| 2018-06-30 | 11.56% |
| 2018-03-31 | 12.68% |
| 2017-12-31 | 11.56% |
| 2017-09-30 | 12.95% |
| 2017-06-30 | 13.41% |
| 2017-03-31 | 13.28% |
| 2016-12-31 | 12.99% |
| 2016-09-30 | 13.42% |
| 2016-06-30 | 13.28% |
| 2016-03-31 | 12.41% |
| 2015-12-31 | 12.10% |
| 2015-09-30 | 13.28% |
| 2015-06-30 | 13.79% |
| 2015-03-31 | 13.09% |
| 2014-12-31 | 12.48% |
| 2014-09-30 | 12.85% |
| 2014-06-30 | 13.58% |
| 2014-03-31 | 14.45% |
| 2013-12-31 | 12.47% |
| 2013-09-30 | 12.94% |
| 2013-06-30 | 12.81% |
| 2013-03-31 | 12.43% |
| 2012-12-31 | 12.72% |
| 2012-09-30 | 11.74% |
| 2012-06-30 | 12.34% |
| 2012-03-31 | 12.84% |
| 2011-12-31 | 12.28% |
| 2011-09-30 | 12.48% |
| 2011-06-30 | 12.82% |
| 2011-03-31 | 12.04% |
| 2010-12-31 | 9.16% |
| 2010-09-30 | 9.19% |
| 2010-06-30 | 8.11% |
| 2010-03-31 | 8.89% |
| 2009-12-31 | 6.71% |
| 2009-09-30 | 7.51% |
| 2009-06-30 | 7.29% |
| 2009-03-31 | 7.87% |
| 2008-12-31 | -23.51% |
| 2008-09-30 | 9.20% |
| 2008-06-30 | 9.34% |
| 2008-03-31 | 6.01% |
| 2007-12-31 | 8.61% |
| 2007-09-30 | 10.18% |
| 2007-06-30 | 9.38% |
| 2007-03-31 | 9.27% |
| 2006-12-31 | 7.75% |
| 2006-09-30 | 7.35% |
| 2006-06-30 | 8.97% |
| 2006-03-31 | 8.28% |
| 2005-12-31 | 6.79% |
| 2005-09-30 | 5.82% |
| 2005-06-30 | 7.74% |
| 2005-03-31 | 7.98% |
| 2004-12-31 | 7.29% |
| 2004-09-30 | 7.26% |
| 2004-06-30 | 6.55% |
| 2004-03-31 | 6.11% |
| 2003-12-31 | 5.47% |
| 2003-09-30 | 6.51% |
| 2003-06-30 | 5.90% |
| 2003-03-31 | 5.59% |
| 2002-12-31 | 8.51% |
| 2002-09-30 | 7.43% |
| 2002-06-30 | 8.10% |
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.
- Sector
- Industrials
- Industry
- Aerospace & Defense
- CEO
- Kathy J. Warden