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NOCNorthrop Grumman Corporation

Is the current ratio high or low?

The current ratio of 1.14 is in line with its 5-year average of 1.18, around the middle of its 5-year range (0.94–1.46).

As of Monday, June 29, 2026. 7.52% above its 12-month average of 1.06.

Current Ratio

NOC Current Ratio

1.14

Reported quarterly current ratio; no daily interpolation.

-22.14% 5Y
NOC Current Ratio

NOC Average Current Ratio Chart

NOC Current Ratio

NOC Current vs Average Current Ratio Chart

NOC Current Ratio Metrics

CURRENT RATIO

1.14

CURRENT RATIO AVG TTM

1.06

CURRENT RATIO AVG 3Y

1.10

CURRENT RATIO AVG 5Y

1.18

CURRENT RATIO AVG 10Y

1.20

CURRENT RATIO AVG 15Y

1.28

CURRENT RATIO AVG 20Y

1.22

CURRENT VS TTM AVG

+7.52%

CURRENT VS 3Y AVG

+2.97%

CURRENT VS 5Y AVG

-3.48%

CURRENT VS 10Y AVG

-4.91%

CURRENT VS 15Y AVG

-10.90%

CURRENT VS 20Y AVG

-6.70%

NOC Competitors' Current Ratio

NAMEMARKET CAPCURRENT RATIOTTM3Y5Y
Northrop Grumman Corporation (NOC)$71.02B1.141.061.101.18
Bloom Energy Corporation (BE)vs ›$71.69B5.984.603.693.09
United Rentals, Inc. (URI)vs ›$70.27B0.940.960.960.96
Norfolk Southern Corporation (NSC)vs ›$70.26B0.850.880.940.95
Canadian National Railway Company (CNI)vs ›$73.13B0.670.670.690.80
Cintas Corporation (CTAS)vs ›$68.78B2.091.601.461.42
TransDigm Group Incorporated (TDG)vs ›$74.09B3.212.403.253.59
Republic Services, Inc. (RSG)vs ›$66.58B0.640.610.620.64
FedEx Corporation (FDX)vs ›$76.00B1.481.331.351.39
Comfort Systems USA, Inc. (FIX)vs ›$65.27B1.211.151.131.15

Liquidity Analysis

Current Ratio

1.14

Quick Ratio

0.99

Current Ratio Formula & Definition

Current Ratio = Current Assets / Current Liabilities

The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Current Ratio FAQ

What is the current ratio for Northrop Grumman Corporation (NOC)?
The current ratio for NOC stock is 1.14.
Is Northrop Grumman Corporation's current ratio high or low?
The current ratio of 1.14 is in line with its 5-year average of 1.18, around the middle of its 5-year range (0.94–1.46).
What is the TTM average current ratio for Northrop Grumman Corporation (NOC)?
The TTM average current ratio for NOC stock is 1.06.
What is the 3Y average current ratio for Northrop Grumman Corporation (NOC)?
The 3Y average current ratio for NOC stock is 1.10.
What is the 5Y average current ratio for Northrop Grumman Corporation (NOC)?
The 5Y average current ratio for NOC stock is 1.18.
What is the 10Y average current ratio for Northrop Grumman Corporation (NOC)?
The 10Y average current ratio for NOC stock is 1.20.
What is the 15Y average current ratio for Northrop Grumman Corporation (NOC)?
The 15Y average current ratio for NOC stock is 1.28.
What is the 20Y average current ratio for Northrop Grumman Corporation (NOC)?
The 20Y average current ratio for NOC stock is 1.22.

NOC Current Ratio History

DATECURRENT RATIO
2026-03-311.14
2025-12-311.09
2025-09-301.09
2025-06-301.03
2025-03-310.94
2024-12-311.00
2024-09-301.08
2024-06-301.09
2024-03-311.11
2023-12-311.13
2023-09-301.26
2023-06-301.18
2023-03-311.20
2022-12-311.06
2022-09-301.12
2022-06-301.28
2022-03-311.31
2021-12-311.28
2021-09-301.44
2021-06-301.46
2021-03-311.44
2020-12-311.58
2020-09-301.39
2020-06-301.34
2020-03-311.28
2019-12-311.12
2019-09-301.27
2019-06-301.23
2019-03-311.18
2018-12-311.17
2018-09-301.24
2018-06-301.24
2018-03-312.52
2017-12-312.38
2017-09-301.21
2017-06-301.11
2017-03-311.27
2016-12-311.22
2016-09-301.13
2016-06-301.13
2016-03-311.15
2015-12-311.16
2015-09-301.16
2015-06-301.25
2015-03-311.35
2014-12-311.39
2014-09-301.47
2014-06-301.55
2014-03-311.63
2013-12-311.63
2013-09-301.66
2013-06-301.70
2013-03-311.41
2012-12-311.39
2012-09-301.39
2012-06-301.37
2012-03-311.32
2011-12-311.26
2011-09-301.34
2011-06-301.35
2011-03-311.47
2010-12-311.18
2010-09-301.16
2010-06-301.09
2010-03-311.12
2009-12-311.24
2009-09-301.11
2009-06-301.00
2009-03-310.97
2008-12-310.97
2008-09-301.03
2008-06-301.08
2008-03-311.03
2007-12-311.05
2007-09-301.04
2007-06-301.02
2007-03-310.95
2006-12-310.99
2006-09-301.03
2006-06-300.99
2006-03-310.93
2005-12-310.95
2005-09-301.07
2005-06-301.06
2005-03-311.02
2004-12-311.11
2004-09-300.95
2004-06-300.99
2004-03-310.94
2003-12-310.90
2003-09-300.98
2003-06-300.99
2003-03-311.01
2002-12-311.39
2002-09-301.00
2002-06-300.89

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
97,000 employees
Industrials / Aerospace & Defense
Sector
Industrials
Industry
Aerospace & Defense
CEO
Kathy J. Warden