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NOCNorthrop Grumman Corporation

Debt to Equity Ratio: 1.00

Is the debt to equity ratio high or low?

The debt to equity ratio of 1.00 is 20% below its 5-year average of 1.25, near the low end of its 5-year range (1.00–1.47).

As of Monday, June 29, 2026. 15.03% below its 12-month average of 1.17.

Debt to Equity

NOC Debt to Equity Ratio

1.00

Reported quarterly debt to equity ratio; no daily interpolation.

-28.32% 5Y
NOC Debt to Equity Ratio

NOC Average Debt to Equity Ratio Chart

NOC Debt to Equity Ratio

NOC Current vs Average Debt to Equity Ratio Chart

NOC Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

1.00

DEBT TO EQUITY RATIO AVG TTM

1.17

DEBT TO EQUITY RATIO AVG 3Y

1.24

DEBT TO EQUITY RATIO AVG 5Y

1.25

DEBT TO EQUITY RATIO AVG 10Y

1.43

DEBT TO EQUITY RATIO AVG 15Y

1.16

DEBT TO EQUITY RATIO AVG 20Y

0.94

CURRENT VS TTM AVG

-15.03%

CURRENT VS 3Y AVG

-19.23%

CURRENT VS 5Y AVG

-20.05%

CURRENT VS 10Y AVG

-30.34%

CURRENT VS 15Y AVG

-13.87%

CURRENT VS 20Y AVG

+5.75%

NOC Competitors' Debt to Equity Ratio

NAMEMARKET CAPDEBT TO EQUITY RATIOTTM3Y5Y
Northrop Grumman Corporation (NOC)$71.02B1.001.171.241.25
Bloom Energy Corporation (BE)vs ›$71.69B3.893.313.134.82
United Rentals, Inc. (URI)vs ›$70.27B1.841.781.711.82
Norfolk Southern Corporation (NSC)vs ›$70.26B1.101.161.231.14
Canadian National Railway Company (CNI)vs ›$73.13B1.011.020.930.83
Cintas Corporation (CTAS)vs ›$68.78B0.570.590.690.73
TransDigm Group Incorporated (TDG)vs ›$74.09B-3.103.422.872.73
Republic Services, Inc. (RSG)vs ›$66.58B0.050.590.920.97
FedEx Corporation (FDX)vs ›$76.00B1.361.351.381.42
Comfort Systems USA, Inc. (FIX)vs ›$65.27B0.320.250.270.37

Financial Health

Debt/Equity

1.00

Current Ratio

1.09

Debt to Equity Ratio Formula & Definition

Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Debt to Equity Ratio FAQ

What is the debt to equity ratio for Northrop Grumman Corporation (NOC)?
The debt to equity ratio for NOC stock is 1.00.
Is Northrop Grumman Corporation's debt to equity ratio high or low?
The debt to equity ratio of 1.00 is 20% below its 5-year average of 1.25, near the low end of its 5-year range (1.00–1.47).
What is the TTM average debt to equity ratio for Northrop Grumman Corporation (NOC)?
The TTM average debt to equity ratio for NOC stock is 1.17.
What is the 3Y average debt to equity ratio for Northrop Grumman Corporation (NOC)?
The 3Y average debt to equity ratio for NOC stock is 1.24.
What is the 5Y average debt to equity ratio for Northrop Grumman Corporation (NOC)?
The 5Y average debt to equity ratio for NOC stock is 1.25.
What is the 10Y average debt to equity ratio for Northrop Grumman Corporation (NOC)?
The 10Y average debt to equity ratio for NOC stock is 1.43.
What is the 15Y average debt to equity ratio for Northrop Grumman Corporation (NOC)?
The 15Y average debt to equity ratio for NOC stock is 1.16.
What is the 20Y average debt to equity ratio for Northrop Grumman Corporation (NOC)?
The 20Y average debt to equity ratio for NOC stock is 0.94.

NOC Debt to Equity Ratio History

DATEDEBT TO EQUITY RATIO
2026-03-311.00
2025-12-311.18
2025-09-301.21
2025-06-301.25
2025-03-311.23
2024-12-311.32
2024-09-301.35
2024-06-301.40
2024-03-311.41
2023-12-311.21
2023-09-301.09
2023-06-301.19
2023-03-311.22
2022-12-311.10
2022-09-301.17
2022-06-301.18
2022-03-311.22
2021-12-311.26
2021-09-301.36
2021-06-301.39
2021-03-311.47
2020-12-311.70
2020-09-301.78
2020-06-301.93
2020-03-312.06
2019-12-311.91
2019-09-301.76
2019-06-301.85
2019-03-311.92
2018-12-311.76
2018-09-301.58
2018-06-301.84
2018-03-311.99
2017-12-312.17
2017-09-301.09
2017-06-301.20
2017-03-311.27
2016-12-311.34
2016-09-301.11
2016-06-301.12
2016-03-311.14
2015-12-311.16
2015-09-301.13
2015-06-301.04
2015-03-310.95
2014-12-310.82
2014-09-300.60
2014-06-300.58
2014-03-310.56
2013-12-310.56
2013-09-300.63
2013-06-300.62
2013-03-310.42
2012-12-310.41
2012-09-300.36
2012-06-300.37
2012-03-310.37
2011-12-310.38
2011-09-300.33
2011-06-300.33
2011-03-310.31
2010-12-310.36
2010-09-300.32
2010-06-300.33
2010-03-310.33
2009-12-310.34
2009-09-300.38
2009-06-300.32
2009-03-310.33
2008-12-310.33
2008-09-300.22
2008-06-300.22
2008-03-310.23
2007-12-310.23
2007-09-300.24
2007-06-300.24
2007-03-310.27
2006-12-310.25
2006-09-300.27
2006-06-300.27
2006-03-310.28
2005-12-310.31
2005-09-300.30
2005-06-300.31
2005-03-310.31
2004-12-310.31
2004-09-300.36
2004-06-300.36
2004-03-310.38
2003-12-310.37
2003-09-300.43
2003-06-300.45
2003-03-310.49
2002-12-310.67
2002-09-300.67
2002-06-300.64

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