Northrop Grumman (NOC) Operating Margin: History & Chart

Northrop Grumman Corporation(NOC)

Aerospace & Defense · Falls Church, VA

$505.80-4.72 (-0.92%)

Delayed quote: Sep 28, 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 Operating Margin Metrics

OPERATING MARGIN

10.18%

OPERATING MARGIN AVG TTM

10.93%

OPERATING MARGIN AVG 3Y

10.40%

OPERATING MARGIN AVG 5Y

10.31%

OPERATING MARGIN AVG 10Y

11.35%

OPERATING MARGIN AVG 15Y

11.85%

OPERATING MARGIN AVG 20Y

10.98%

CURRENT VS TTM AVG

-6.86%

CURRENT VS 3Y AVG

-2.13%

CURRENT VS 5Y AVG

-1.28%

CURRENT VS 10Y AVG

-10.34%

CURRENT VS 15Y AVG

-14.10%

CURRENT VS 20Y AVG

-7.26%

SECTOR MEDIAN · INDUSTRIALS

11.95%

median of 154 covered companies

CURRENT VS SECTOR MEDIAN

-14.78%

vs the sector median at left

NAME	MARKET CAP	OPERATING MARGIN	TTM	3Y	5Y
Northrop Grumman Corporation (NOC)	$71.86B	10.18%	10.93%	10.40%	10.31%
Cummins Inc. (CMI)vs ›	$71.46B	11.13%	11.24%	9.52%	10.13%
Canadian National Railway Company (CNI)vs ›	$73.28B	37.54%	37.36%	38.48%	37.88%
Norfolk Southern Corporation (NSC)vs ›	$70.32B	31.63%	31.98%	31.05%	33.01%
FedEx Corporation (FDX)vs ›	$68.53B	6.74%	6.96%	6.77%	6.87%
Canadian Pacific Kansas City Ltd. (CP)vs ›	$76.09B	36.84%	36.40%	36.38%	38.09%
Honeywell International Inc. (HON)vs ›	$67.04B	14.09%	18.38%	18.34%	18.14%
Bloom Energy Corporation (BE)vs ›	$77.42B	11.24%	2.58%	-8.07%	-9.18%
Republic Services, Inc. (RSG)vs ›	$65.51B	20.00%	20.06%	19.25%	18.72%
United Rentals, Inc. (URI)vs ›	$64.98B	24.79%	25.59%	26.46%	25.20%

NAME

MARKET CAP

OPERATING MARGIN

TTM

Northrop Grumman Corporation (NOC)

$71.86B

10.18%

10.93%

10.40%

10.31%

Cummins Inc. (CMI)vs ›

$71.46B

11.13%

11.24%

9.52%

10.13%

Canadian National Railway Company (CNI)vs ›

$73.28B

37.54%

37.36%

38.48%

37.88%

Norfolk Southern Corporation (NSC)vs ›

$70.32B

31.63%

31.98%

31.05%

33.01%

FedEx Corporation (FDX)vs ›

$68.53B

6.74%

6.96%

6.77%

6.87%

Canadian Pacific Kansas City Ltd. (CP)vs ›

$76.09B

36.84%

36.40%

36.38%

38.09%

Honeywell International Inc. (HON)vs ›

$67.04B

14.09%

18.38%

18.34%

18.14%

Bloom Energy Corporation (BE)vs ›

$77.42B

11.24%

2.58%

-8.07%

-9.18%

Republic Services, Inc. (RSG)vs ›

$65.51B

20.00%

20.06%

19.25%

18.72%

United Rentals, Inc. (URI)vs ›

$64.98B

24.79%

25.59%

26.46%

25.20%

Operating Margin FAQ

What is the operating margin for Northrop Grumman Corporation (NOC)?

The operating margin for NOC stock is 10.18%.

Is Northrop Grumman Corporation's operating margin high or low?

The operating margin of 10.18% is in line with its 5-year average of 10.31%, near the high end of its 5-year range (-3.69%–13.77%).

What is the TTM average operating margin for Northrop Grumman Corporation (NOC)?

The TTM average operating margin for NOC stock is 10.93%.

What is the 3Y average operating margin for Northrop Grumman Corporation (NOC)?

The 3Y average operating margin for NOC stock is 10.40%.

What is the 5Y average operating margin for Northrop Grumman Corporation (NOC)?

The 5Y average operating margin for NOC stock is 10.31%.

What is the 10Y average operating margin for Northrop Grumman Corporation (NOC)?

The 10Y average operating margin for NOC stock is 11.35%.

What is the 15Y average operating margin for Northrop Grumman Corporation (NOC)?

The 15Y average operating margin for NOC stock is 11.85%.

What is the 20Y average operating margin for Northrop Grumman Corporation (NOC)?

The 20Y average operating margin for NOC stock is 10.98%.

DATE	OPERATING MARGIN
2026-06-30	10.08%
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%

DATE

OPERATING MARGIN

2026-06-30

10.08%

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%

Operating Margin: 10.18%

NOC Operating Margin

NOC Average Operating Margin Chart

NOC Current vs Average Operating Margin Chart

NOC Operating Margin Metrics

NOC Competitors' Operating Margin

Operating Efficiency

Operating Margin Formula & Definition

Operating Margin FAQ

NOC Operating Margin History

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