GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Northrop Grumman Corp (NYSE:NOC) » Definitions » Net Margin %

Northrop Grumman (Northrop Grumman) Net Margin % : 9.32% (As of Mar. 2024)


View and export this data going back to 1985. Start your Free Trial

What is Northrop Grumman Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Northrop Grumman's Net Income for the three months ended in Mar. 2024 was $944 Mil. Northrop Grumman's Revenue for the three months ended in Mar. 2024 was $10,133 Mil. Therefore, Northrop Grumman's net margin for the quarter that ended in Mar. 2024 was 9.32%.

The historical rank and industry rank for Northrop Grumman's Net Margin % or its related term are showing as below:

NOC' s Net Margin % Range Over the Past 10 Years
Min: 5.23   Med: 8.65   Max: 19.64
Current: 5.23


NOC's Net Margin % is ranked better than
50.99% of 304 companies
in the Aerospace & Defense industry
Industry Median: 4.975 vs NOC: 5.23

Northrop Grumman Net Margin % Historical Data

The historical data trend for Northrop Grumman's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Northrop Grumman Net Margin % Chart

Northrop Grumman Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.64 8.67 19.64 13.38 5.23

Northrop Grumman Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.05 8.48 9.59 -5.03 9.32

Competitive Comparison of Northrop Grumman's Net Margin %

For the Aerospace & Defense subindustry, Northrop Grumman's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Northrop Grumman's Net Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Northrop Grumman's Net Margin % distribution charts can be found below:

* The bar in red indicates where Northrop Grumman's Net Margin % falls into.



Northrop Grumman Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Northrop Grumman's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=2056/39290
=5.23 %

Northrop Grumman's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=944/10133
=9.32 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Northrop Grumman  (NYSE:NOC) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Northrop Grumman Net Margin % Related Terms

Thank you for viewing the detailed overview of Northrop Grumman's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Northrop Grumman (Northrop Grumman) Business Description

Address
2980 Fairview Park Drive, Falls Church, VA, USA, 22042
Northrop Grumman is a diversified defense contractor providing aeronautics, defense, mission, and space systems. The company's aerospace segment creates the fuselage for the massive F-35 program and produces autonomous and piloted aircraft such as Global Hawk drones and the new B-21 bomber. Defense systems makes artillery and missile ammunition and guidance systems, missile defense systems, and conducts maintenance and upgrades on numerous military aircraft. Mission systems creates and integrates a variety of radar, navigation, and communication systems for avionics, weapons control, and countermeasures on a range of platforms from helicopters to destroyers. Finally, space systems produces satellites, sensors, space structures, and manufactures long-range missiles and rocket motors.
Executives
Mark A Caylor officer: Corp VP & Pres ESS 2980 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Kathryn G Simpson officer: Corp VP & General Counsel 2980 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Robert J. Fleming officer: CVP and Pres. Space Systems 2980 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Roshan S Roeder officer: CVP & Pres. Defense Systems 2980 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Mary A Winston director 557 BROADWAY, C/O SCHOLASTIC CORP, NEW YORK NY 10012
Kimberly A. Ross director C/O AVON PRODUCTS,INC., 1345 AVENUE OF THE AMERICAS`, NEW YORK NY 10105-0196
David T Perry officer: CVP Chief Global Bus Dev Off 2980 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Lucy C Ryan officer: Corp VP, Communications 2980 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Michael A Hardesty officer: Corp VP, Controller & CAO 2980 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Thomas H Jones officer: CVP & Pres Aeronautics Systems 2980 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Mary D Petryszyn officer: CVP, Pres, Defense Systems 2980 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Sheila C. Cheston officer: Corp. VP & General Counsel C/O NORTHROP GRUMMAN CORPORATION, 2980 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Stephen F. O'bryan officer: CVP Global Bus Dev Officer 2980 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Arvind Krishna director IBM CORPORATION, ONE NEW ORCHARD RD, ARMONK NY 10504-1722
Wilson Thomas L Jr officer: CVP and Pres. Space Systems 2980 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042