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NOCNorthrop Grumman Corporation

Free Cash Flow (FCF): $3.31B

The free cash flow (FCF) is $3.31B. It is above its 12-month average by 43.38% ($2.31B).

Free Cash Flow

NOC Free Cash Flow (FCF)

$-1.82B

Reported quarterly free cash flow; no daily interpolation.

-328.45% 5Y

NOC Quarterly Free Cash Flow Growth (YoY)

Free Cash Flow growth vs the same quarter one year earlier, last 20 quarters.

NOC Free Cash Flow (FCF)

NOC Average Free Cash Flow (FCF) Chart

NOC Free Cash Flow (FCF)

NOC Current vs Average Free Cash Flow (FCF) Chart

NOC Free Cash Flow (FCF) Metrics

FREE CASH FLOW (FCF)

$3.31B

FREE CASH FLOW (FCF) AVG TTM

$2.31B

FREE CASH FLOW (FCF) AVG 3Y

$2.12B

FREE CASH FLOW (FCF) AVG 5Y

$2.13B

FREE CASH FLOW (FCF) AVG 10Y

$2.11B

FREE CASH FLOW (FCF) AVG 15Y

$1.98B

FREE CASH FLOW (FCF) AVG 20Y

$1.89B

CURRENT VS TTM AVG

+43.38%

CURRENT VS 3Y AVG

+56.16%

CURRENT VS 5Y AVG

+55.40%

CURRENT VS 10Y AVG

+56.40%

CURRENT VS 15Y AVG

+66.54%

CURRENT VS 20Y AVG

+74.43%

FCF Analysis

Free Cash Flow (TTM)

$3.31B

FCF Yield

4.64%

Price/FCF

21.6

Formula: FCF = Operating Cash Flow - Capital Expenditures

Why FCF matters:

  • Shows actual cash available (not accounting earnings)
  • Funds dividends, buybacks, and debt reduction
  • Less susceptible to accounting manipulation than net income
  • Key metric for DCF valuation models

Free Cash Flow (FCF) Formula & Definition

Free Cash Flow represents the cash a company generates after accounting for capital expenditures. It's the cash available for dividends, buybacks, debt reduction, or reinvestment.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Free Cash Flow (FCF) FAQ

What is the free cash flow (FCF) for Northrop Grumman Corporation (NOC)?
The free cash flow (FCF) for NOC stock is $3.31B.
What is the TTM average free cash flow (FCF) for Northrop Grumman Corporation (NOC)?
The TTM average free cash flow (FCF) for NOC stock is $2.31B.
What is the 3Y average free cash flow (FCF) for Northrop Grumman Corporation (NOC)?
The 3Y average free cash flow (FCF) for NOC stock is $2.12B.
What is the 5Y average free cash flow (FCF) for Northrop Grumman Corporation (NOC)?
The 5Y average free cash flow (FCF) for NOC stock is $2.13B.
What is the 10Y average free cash flow (FCF) for Northrop Grumman Corporation (NOC)?
The 10Y average free cash flow (FCF) for NOC stock is $2.11B.
What is the 15Y average free cash flow (FCF) for Northrop Grumman Corporation (NOC)?
The 15Y average free cash flow (FCF) for NOC stock is $1.98B.
What is the 20Y average free cash flow (FCF) for Northrop Grumman Corporation (NOC)?
The 20Y average free cash flow (FCF) for NOC stock is $1.89B.

NOC Free Cash Flow (FCF) History

DATEFREE CASH FLOW (FCF)
2026-03-31$3.31B
2025-09-30$1.83B
2025-03-31$1.78B
2024-09-30$2.49B
2024-03-31$2.13B
2023-09-30$2.09B
2023-03-31$1.19B
2022-09-30$556.00M
2022-03-31$1.69B
2021-09-30$2.45B
2021-03-31$3.88B
2020-09-30$3.87B
2020-03-31$2.96B
2019-09-30$2.95B
2019-03-31$1.92B
2018-09-30$1.99B
2018-03-31$1.80B
2017-09-30$1.57B
2017-03-31$1.60B
2016-09-30$2.17B
2016-03-31$2.10B
2015-09-30$1.41B
2015-03-31$1.72B
2014-09-30$1.84B
2014-03-31$1.70B
2013-09-30$2.02B
2013-03-31$2.46B
2012-09-30$2.54B
2012-03-31$1.68B
2011-09-30$1.48B
2011-03-31$2.10B
2010-09-30$1.37B
2010-03-31$1.09B
2009-09-30$1.51B
2009-03-31$2.16B
2008-09-30$2.21B
2008-03-31$2.01B
2007-09-30$1.75B
2007-03-31$1.52B
2006-09-30$1.35B
2006-03-31$1.45B
2005-09-30$1.52B
2005-03-31$1.20B
2004-09-30$1.66B
2004-03-31$1.43B
2003-09-30$133.00M
2003-03-31$121.00M

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