NOC
Northrop Grumman Corporation568.72
-7.07-1.23%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
81.43BP/E (TTM)
20.49Basic EPS (TTM)
27.75Dividend Yield
0.02%Recent Filings
8-K
8-K
Q3 sales rise 4%
Northrop Grumman posted third-quarter 2025 sales of $10.4 billion, up 4% from last year, fueled by robust gains in Mission Systems and Defense Systems while Space Systems dipped on program wind-downs. Operating margin hit 11.9%, with diluted EPS climbing 10% to $7.67 amid strong segment performance. The company boosted its full-year MTM-adjusted EPS guidance to $25.65–$26.05, signaling confidence in sustained demand. Backlog holds steady at $91.4 billion. Momentum builds.
10-Q
Q3 FY2025 results
Northrop Grumman posted solid Q3 results, with sales climbing 4% year-over-year to $10.4B, fueled by gains in Mission Systems and Defense Systems, though Space Systems dipped amid program wind-downs. Operating income rose 11% to $1.2B, lifting the margin to 11.9% on better contract performance and efficiencies, while diluted EPS hit $7.67, up 10%. Year-to-date, sales held steady at $30.2B but operating income slipped 1% to $3.2B, pressured by a $477M B-21 loss provision in Q1, offset by a $231M gain from divesting the training services unit in May for $333M cash. Cash dipped to $2.0B amid $860M operating cash flow and $1.2B share repurchases, with $15.7B total debt and full $3.0B revolver availability. Free cash flow tallied $72M after $788M capex. Backlog stayed robust at $91.4B. Yet regulatory probes into pension accounting assumptions pose ongoing scrutiny.
8-K
Northrop Grumman ups credit line
Northrop Grumman secured a $3 billion five-year revolving credit facility on September 2, 2025, up from its prior $2.5 billion line, to back its commercial paper program and general corporate needs. The deal, led by JPMorgan Chase, imposes a 65% debt-to-capitalization cap while allowing asset sales and mergers with exceptions. Lenders hold sway through standard defaults like nonpayment or change of control. Yet liquidity stays tight.
8-K
Q2 sales up 1%, guidance raised
Northrop Grumman posted Q2 2025 sales of $10.4 billion, up 1% from last year, fueled by 14% growth in Mission Systems yet dragged by 12% drop in Space Systems from program wind-downs. Net earnings hit $1.2 billion, or $8.15 diluted EPS, boosted by a $231 million gain from divesting its training services business. The company raised full-year guidance, lifting segment operating income to $4.275-$4.375 billion and MTM-adjusted EPS to $25.00-$25.40. Backlog stands at $89.7 billion. Solid execution shines through.
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