Northrop Grumman Current Ratio Growth & History (NOC)
Northrop Grumman's current ratio was 1.10 for fiscal 2025.
View full Northrop Grumman company overviewNorthrop Grumman annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.10 | 0.09 | +8.99% |
| 2024 | 2024-12-31 | 1.01 | −0.14 | −11.97% |
| 2023 | 2023-12-31 | 1.15 | 0.07 | +6.49% |
| 2022 | 2022-12-31 | 1.08 | −0.23 | −17.34% |
| 2021 | 2021-12-31 | 1.30 | −0.30 | −18.59% |
| 2020 | 2020-12-31 | 1.60 | 0.47 | +41.41% |
| 2019 | 2019-12-31 | 1.13 | −0.04 | −3.19% |
| 2018 | 2018-12-31 | 1.17 | −1.17 | −49.98% |
| 2017 | 2017-12-31 | 2.34 | 1.12 | +92.06% |
| 2016 | 2016-12-31 | 1.22 | 0.06 | +4.92% |
| 2015 | 2015-12-31 | 1.16 | −0.16 | −12.10% |
| 2014 | 2014-12-31 | 1.32 | −0.31 | −19.07% |
| 2013 | 2013-12-31 | 1.63 | 0.25 | +17.75% |
| 2012 | 2012-12-31 | 1.39 | 0.12 | +9.75% |
| 2011 | 2011-12-31 | 1.26 | −0.11 | −8.09% |
| 2010 | 2010-12-31 | 1.37 | 0.14 | +11.12% |
| 2009 | 2009-12-31 | 1.24 | 0.13 | +11.71% |
| 2008 | 2008-12-31 | 1.11 | — | — |
Northrop Grumman quarterly current ratio
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-09-30 | 1.23 | 0.13 | +11.30% |
| Q2 2026 | 2026-06-30 | 1.17 | 0.13 | +12.10% |
| Q1 2026 | 2026-03-31 | 1.15 | 0.20 | +21.30% |
| Q4 2025 | 2025-12-31 | 1.10 | 0.09 | +8.99% |
| Q3 2025 | 2025-09-30 | 1.11 | 0.02 | +1.38% |
| Q2 2025 | 2025-06-30 | 1.04 | −0.06 | −5.71% |
| Q1 2025 | 2025-03-31 | 0.95 | −0.18 | −15.71% |
| Q4 2024 | 2024-12-31 | 1.01 | −0.14 | −11.97% |
| Q3 2024 | 2024-09-30 | 1.09 | −0.18 | −14.27% |
| Q2 2024 | 2024-06-30 | 1.11 | −0.09 | −7.90% |
| Q1 2024 | 2024-03-31 | 1.13 | −0.10 | −7.80% |
| Q4 2023 | 2023-12-31 | 1.15 | 0.07 | +6.49% |
| Q3 2023 | 2023-09-30 | 1.28 | 0.14 | +12.19% |
| Q2 2023 | 2023-06-30 | 1.20 | −0.10 | −7.44% |
| Q1 2023 | 2023-03-31 | 1.22 | −0.08 | −6.42% |
| Q4 2022 | 2022-12-31 | 1.08 | −0.23 | −17.34% |
| Q3 2022 | 2022-09-30 | 1.14 | −0.33 | −22.41% |
| Q2 2022 | 2022-06-30 | 1.30 | −0.19 | −12.73% |
| Q1 2022 | 2022-03-31 | 1.31 | −0.16 | −10.84% |
| Q4 2021 | 2021-12-31 | 1.30 | −0.30 | −18.59% |
| Q3 2021 | 2021-09-30 | 1.47 | 0.03 | +1.84% |
| Q2 2021 | 2021-06-30 | 1.49 | 0.13 | +9.64% |
| Q1 2021 | 2021-03-31 | 1.46 | 0.17 | +13.53% |
| Q4 2020 | 2020-12-31 | 1.60 | 0.47 | +41.41% |
| Q3 2020 | 2020-09-30 | 1.44 | 0.15 | +11.80% |
| Q2 2020 | 2020-06-30 | 1.35 | 0.11 | +8.76% |
| Q1 2020 | 2020-03-31 | 1.29 | 0.11 | +8.96% |
| Q4 2019 | 2019-12-31 | 1.13 | −0.04 | −3.19% |
| Q3 2019 | 2019-09-30 | 1.29 | 0.03 | +2.16% |
| Q2 2019 | 2019-06-30 | 1.25 | 0.00 | +0.37% |
| Q1 2019 | 2019-03-31 | 1.18 | −1.33 | −53.00% |
| Q4 2018 | 2018-12-31 | 1.17 | −1.17 | −49.98% |
| Q3 2018 | 2018-09-30 | 1.26 | 0.05 | +4.49% |
| Q2 2018 | 2018-06-30 | 1.24 | 0.13 | +11.86% |
| Q1 2018 | 2018-03-31 | 2.52 | 1.25 | +98.18% |
| Q4 2017 | 2017-12-31 | 2.34 | 1.12 | +92.06% |
| Q3 2017 | 2017-09-30 | 1.21 | 0.08 | +6.72% |
| Q2 2017 | 2017-06-30 | 1.11 | −0.02 | −2.13% |
| Q1 2017 | 2017-03-31 | 1.27 | 0.12 | +10.36% |
| Q4 2016 | 2016-12-31 | 1.22 | 0.06 | +4.92% |
| Q3 2016 | 2016-09-30 | 1.13 | −0.03 | −2.51% |
| Q2 2016 | 2016-06-30 | 1.13 | −0.12 | −9.55% |
| Q1 2016 | 2016-03-31 | 1.15 | −0.20 | −14.81% |
| Q4 2015 | 2015-12-31 | 1.16 | −0.16 | −12.10% |
| Q3 2015 | 2015-09-30 | 1.16 | −0.31 | −21.33% |
| Q2 2015 | 2015-06-30 | 1.25 | −0.30 | −19.12% |
| Q1 2015 | 2015-03-31 | 1.35 | −0.28 | −17.18% |
| Q4 2014 | 2014-12-31 | 1.32 | −0.31 | −19.07% |
| Q3 2014 | 2014-09-30 | 1.47 | −0.19 | −11.46% |
| Q2 2014 | 2014-06-30 | 1.55 | −0.15 | −8.63% |
| Q1 2014 | 2014-03-31 | 1.63 | 0.22 | +15.57% |
| Q4 2013 | 2013-12-31 | 1.63 | 0.25 | +17.75% |
| Q3 2013 | 2013-09-30 | 1.66 | 0.28 | +19.86% |
| Q2 2013 | 2013-06-30 | 1.70 | 0.32 | +23.52% |
| Q1 2013 | 2013-03-31 | 1.41 | 0.10 | +7.35% |
| Q4 2012 | 2012-12-31 | 1.39 | 0.12 | +9.75% |
| Q3 2012 | 2012-09-30 | 1.39 | 0.05 | +3.37% |
| Q2 2012 | 2012-06-30 | 1.37 | 0.02 | +1.83% |
| Q1 2012 | 2012-03-31 | 1.32 | — | — |
| Q4 2011 | 2011-12-31 | 1.26 | −0.11 | −8.09% |
| Q3 2011 | 2011-09-30 | 1.34 | 0.18 | +15.84% |
| Q2 2011 | 2011-06-30 | 1.35 | 0.25 | +23.29% |
| Q4 2010 | 2010-12-31 | 1.37 | 0.14 | +11.12% |
| Q3 2010 | 2010-09-30 | 1.16 | 0.05 | +4.30% |
| Q2 2010 | 2010-06-30 | 1.09 | 0.09 | +9.17% |
| Q1 2010 | 2010-03-31 | 1.12 | — | — |
| Q4 2009 | 2009-12-31 | 1.24 | 0.13 | +11.71% |
| Q3 2009 | 2009-09-30 | 1.11 | — | — |
| Q2 2009 | 2009-06-30 | 1.00 | — | — |
| Q4 2008 | 2008-12-31 | 1.11 | — | — |
Northrop Grumman current ratio trends
Over the last five fiscal years, Northrop Grumman's current ratio decreased from 1.60 to 1.10, a change of −0.50. The latest reported quarter, Q3 2026, shows 1.23.
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Northrop Grumman source filings ↗Community posts
Northrop increases adjusted earnings guidance after strong defense order intake
Northrop Grumman ($NOC) reported quarterly sales of $11.1 billion, up 7%, and net earnings of approximately $1.1 billion. Earnings per share increased to $7.89 from $7.67. New awards totaled $16.4 billion, lifting backlog to $109.6 billion. ...