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).
NOC Free Cash Flow (FCF)
Reported quarterly free cash flow; no daily interpolation.
NOC Quarterly Free Cash Flow Growth (YoY)
Free Cash Flow growth vs the same quarter one year earlier, last 20 quarters.
NOC Average Free Cash Flow (FCF) Chart
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
| DATE | FREE 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 |
Related Metrics
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