NOC Northrop Grumman margins

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Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 64
Gross margin
20.1%
Operating margin
10.7%
EBITDA margin
17.4%
Net margin
10.5%

The Northrop Grumman shows a gross margin of 20.1%, an operating margin of 10.7%, an EBITDA margin of 17.4%, and a net margin of 10.5%. Operating margin drove the improvement across the available margins, increasing by 0.9 percentage points.

NOC margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Northrop Grumman's margins averaged 18.72% gross, 8.99% operating, 14.94% EBITDA, and 8.38% net. All four current margins are above their three-year averages.

NOC margin expansion

Year-over-year margin changes in percentage points

Gross margin expanded by 0.8 percentage points, operating margin by 0.9 percentage points, EBITDA margin by 0.5 percentage points, and net margin by 0.8 percentage points, led by operating margin with an increase of 0.9 percentage points.

Gross margin expansion
0.8pp
Operating margin expansion
0.9pp
EBITDA margin expansion
0.5pp
Net margin expansion
0.8pp

NOC Gross margin

Across the last 3 years, Northrop Grumman's gross margin stood at 18.72%. The current gross margin stands at 20.1%, 1.4 percentage points above its three-year average. Gross margin was highest at 20.5% in Mar 2026 and lowest at 16.7% in Dec 2023.

NOC Operating margin

The average operating margin for Northrop Grumman was 8.99% in the last 3 years. As of the latest period, the current operating margin for Northrop Grumman is 10.7%, 1.7 percentage points above its three-year average. The operating margin for Northrop Grumman moved between 6.5% in Dec 2023 and 11.1% in Mar 2026.

NOC EBITDA margin

Northrop Grumman recorded an average EBITDA margin of 14.94% across the last 3 years. Northrop Grumman currently reports an EBITDA margin of 17.4%, 2.5 percentage points above its three-year average. The highest EBITDA margin for Northrop Grumman was 18.2% in Mar 2026, while the lowest was 10.8% in Dec 2023.

NOC Net margin

Northrop Grumman's net margin averaged 8.38% in the last 3 years. Northrop Grumman currently reports a net margin of 10.5%, 2.1 percentage points above its three-year average. Over the last 3 years, Northrop Grumman's net margin peaked at 10.8% in Mar 2026 and reached a low of 5.2% in Dec 2023.

NOC margin group comparison

Margins compared with peer-group, industry and sector averages

Northrop Grumman's gross margin of 20.1% is above its peers average but below the Industrials sector and the industry average. Compared to its Industrials sector average of 32.7%, Northrop Grumman's gross margin is 39% lower.

NOC margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Northrop Grumman's gross margin?

For the period ending Jun 30, 2026, NOC recorded a gross margin of 20.1%.

What is Northrop Grumman's operating margin?

For the period ending Jun 30, 2026, NOC recorded an operating margin of 10.7%.

What is Northrop Grumman's EBITDA margin?

As of Jun 30, 2026, NOC has an EBITDA margin of 17.4%.

What is Northrop Grumman's net margin?

For the period ending Jun 30, 2026, NOC recorded a net margin of 10.5%.

What are the average margins of NOC?

Northrop Grumman's average margins over the last 3 years were 18.7% gross, 9.0% operating, 14.9% EBITDA, and 8.4% net.

What are the highest historical margins of NOC?

In the last 5 years, the highest margins reported by NOC were 21% gross in Mar 2022, 11.1% operating in Mar 2026, 30.1% EBITDA in Dec 2021, and 19.6% net in Dec 2021.

What are the lowest historical margins of NOC?

Over this 5-year history, Northrop Grumman's margins fell as low as 16.7% gross in Dec 2023, 6.5% operating in Dec 2023, 10.8% EBITDA in Dec 2023, and 5.2% net in Dec 2023.