Northrop Grumman annual net debt
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Northrop Grumman Net Debt Growth & History (NOC)
Northrop Grumman's net debt was $13.48B for fiscal 2025.
View full Northrop Grumman company overviewNorthrop Grumman annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $13.48B | −$562.0M | −4.00% |
| 2024 | 2024-12-31 | $14.04B | $1.10B | +8.53% |
| 2023 | 2023-12-31 | $12.94B | $516.0M | +4.15% |
| 2022 | 2022-12-31 | $12.42B | $1.30B | +11.65% |
| 2021 | 2021-12-31 | $11.13B | −$575.0M | −4.91% |
| 2020 | 2020-12-31 | $11.70B | −$1.50B | −11.37% |
| 2019 | 2019-12-31 | $13.20B | $382.0M | +2.98% |
| 2018 | 2018-12-31 | $12.82B | $8.78B | +217.27% |
| 2017 | 2017-12-31 | $4.04B | −$488.0M | −10.78% |
| 2016 | 2016-12-31 | $4.53B | $352.0M | +8.43% |
| 2015 | 2015-12-31 | $4.18B | $2.11B | +102.28% |
| 2014 | 2014-12-31 | $2.06B | $1.28B | +164.74% |
| 2013 | 2013-12-31 | $780.0M | $707.0M | +968.49% |
| 2012 | 2012-12-31 | $73.0M | −$860.0M | −92.18% |
| 2011 | 2011-12-31 | $933.0M | $694.0M | +290.38% |
| 2010 | 2010-12-31 | $239.0M | −$678.0M | −73.94% |
| 2009 | 2009-12-31 | $917.0M | −$1.02B | −52.71% |
| 2008 | 2008-12-31 | $1.94B | — | — |
Northrop Grumman quarterly net debt
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| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $14.74B | −$872.0M | −5.58% |
| Q1 2026 | 2026-03-31 | $14.98B | $43.0M | +0.29% |
| Q4 2025 | 2025-12-31 | $13.48B | −$562.0M | −4.00% |
| Q3 2025 | 2025-09-30 | $15.53B | $761.0M | +5.15% |
| Q2 2025 | 2025-06-30 | $15.62B | $723.0M | +4.85% |
| Q1 2025 | 2025-03-31 | $14.94B | −$152.0M | −1.01% |
| Q4 2024 | 2024-12-31 | $14.04B | $1.10B | +8.53% |
| Q3 2024 | 2024-09-30 | $14.77B | $1.26B | +9.34% |
| Q2 2024 | 2024-06-30 | $14.89B | $1.61B | +12.15% |
| Q1 2024 | 2024-03-31 | $15.09B | $947.0M | +6.69% |
| Q4 2023 | 2023-12-31 | $12.94B | $516.0M | +4.15% |
| Q3 2023 | 2023-09-30 | $13.51B | $609.0M | +4.72% |
| Q2 2023 | 2023-06-30 | $13.28B | −$52.0M | −0.39% |
| Q1 2023 | 2023-03-31 | $14.15B | $1.83B | +14.83% |
| Q4 2022 | 2022-12-31 | $12.42B | $1.30B | +11.65% |
| Q3 2022 | 2022-09-30 | $12.90B | $2.81B | +27.84% |
| Q2 2022 | 2022-06-30 | $13.33B | $3.12B | +30.49% |
| Q1 2022 | 2022-03-31 | $12.32B | $1.68B | +15.75% |
| Q4 2021 | 2021-12-31 | $11.13B | −$575.0M | −4.91% |
| Q3 2021 | 2021-09-30 | $10.09B | −$2.31B | −18.59% |
| Q2 2021 | 2021-06-30 | $10.22B | −$3.04B | −22.91% |
| Q1 2021 | 2021-03-31 | $10.64B | −$3.46B | −24.53% |
| Q4 2020 | 2020-12-31 | $11.70B | −$1.50B | −11.37% |
| Q3 2020 | 2020-09-30 | $12.40B | −$1.94B | −13.53% |
| Q2 2020 | 2020-06-30 | $13.26B | −$1.38B | −9.45% |
| Q1 2020 | 2020-03-31 | $14.10B | −$777.0M | −5.22% |
| Q4 2019 | 2019-12-31 | $13.20B | $382.0M | +2.98% |
| Q3 2019 | 2019-09-30 | $14.34B | $1.17B | +8.84% |
| Q2 2019 | 2019-06-30 | $14.64B | $1.08B | +7.94% |
| Q1 2019 | 2019-03-31 | $14.88B | $9.95B | +201.74% |
| Q4 2018 | 2018-12-31 | $12.82B | $8.78B | +217.27% |
| Q3 2018 | 2018-09-30 | $13.17B | $7.95B | +152.24% |
| Q2 2018 | 2018-06-30 | $13.56B | $7.84B | +137.20% |
| Q1 2018 | 2018-03-31 | $4.93B | −$766.0M | −13.45% |
| Q4 2017 | 2017-12-31 | $4.04B | −$488.0M | −10.78% |
| Q3 2017 | 2017-09-30 | $5.22B | −$62.0M | −1.17% |
| Q2 2017 | 2017-06-30 | $5.72B | $469.0M | +8.94% |
| Q1 2017 | 2017-03-31 | $5.70B | $587.0M | +11.49% |
| Q4 2016 | 2016-12-31 | $4.53B | $352.0M | +8.43% |
| Q3 2016 | 2016-09-30 | $5.28B | $159.0M | +3.10% |
| Q2 2016 | 2016-06-30 | $5.25B | $738.0M | +16.36% |
| Q1 2016 | 2016-03-31 | $5.11B | $1.34B | +35.47% |
| Q4 2015 | 2015-12-31 | $4.18B | $2.11B | +102.28% |
| Q3 2015 | 2015-09-30 | $5.13B | $2.60B | +103.05% |
| Q2 2015 | 2015-06-30 | $4.51B | $2.06B | +84.01% |
| Q1 2015 | 2015-03-31 | $3.77B | $1.73B | +84.72% |
| Q4 2014 | 2014-12-31 | $2.06B | $1.28B | +164.74% |
| Q3 2014 | 2014-09-30 | $2.52B | $1.54B | +156.50% |
| Q2 2014 | 2014-06-30 | $2.45B | $1.43B | +139.12% |
| Q1 2014 | 2014-03-31 | $2.04B | $1.29B | +170.82% |
| Q4 2013 | 2013-12-31 | $780.0M | $707.0M | +968.49% |
| Q3 2013 | 2013-09-30 | $984.0M | $578.0M | +142.36% |
| Q2 2013 | 2013-06-30 | $1.02B | $241.0M | +30.74% |
| Q1 2013 | 2013-03-31 | $754.0M | −$497.0M | −39.73% |
| Q4 2012 | 2012-12-31 | $73.0M | −$860.0M | −92.18% |
| Q3 2012 | 2012-09-30 | $406.0M | −$584.0M | −58.99% |
| Q2 2012 | 2012-06-30 | $784.0M | −$343.0M | −30.43% |
| Q1 2012 | 2012-03-31 | $1.25B | — | — |
| Q4 2011 | 2011-12-31 | $933.0M | $694.0M | +290.38% |
| Q3 2011 | 2011-09-30 | $990.0M | $81.0M | +8.91% |
| Q2 2011 | 2011-06-30 | $1.13B | −$267.0M | −19.15% |
| Q4 2010 | 2010-12-31 | $239.0M | −$678.0M | −73.94% |
| Q3 2010 | 2010-09-30 | $909.0M | −$1.36B | −59.96% |
| Q2 2010 | 2010-06-30 | $1.39B | −$898.0M | −39.18% |
| Q1 2010 | 2010-03-31 | $1.48B | — | — |
| Q4 2009 | 2009-12-31 | $917.0M | −$1.02B | −52.71% |
| Q3 2009 | 2009-09-30 | $2.27B | — | — |
| Q2 2009 | 2009-06-30 | $2.29B | — | — |
| Q4 2008 | 2008-12-31 | $1.94B | — | — |
Northrop Grumman net debt trends
Over the last five fiscal years, Northrop Grumman's net debt increased from $11.70B to $13.48B, a change of $1.78B. The latest reported quarter, Q2 2026, shows $14.74B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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