Net Income for Northrop Grumman (NOC)
According to Northrop Grumman's latest reported financial statements, the company's current net income (TTM) is $4.58B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$4.58B
YoY change
+0.2%
5Y CAGR
+5.6%
Peak year (2021)
$7.00B
Cumulative net income
$58.08B
Net Income history chart for Northrop Grumman (NOC) from 1985 to 2025
Net Income history table for Northrop Grumman (NOC) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $4.18B | +0.2% | ||
| 2024 | $4.17B | +103.0% | ||
| 2023 | $2.06B | -58.0% | ||
| 2022 | $4.90B | -30.1% | ||
| 2021 | $7.00B | +119.7% | ||
| 2020 | $3.19B | +41.9% | ||
| 2019 | $2.25B | -30.4% | ||
| 2018 | $3.23B | +60.2% | ||
| 2017 | $2.02B | -8.4% | ||
| 2016 | $2.20B | +10.6% | ||
| 2015 | $1.99B | -3.8% | ||
| 2014 | $2.07B | +6.0% | ||
| 2013 | $1.95B | -1.3% | ||
| 2012 | $1.98B | -6.6% | ||
| 2011 | $2.12B | +3.2% | ||
| 2010 | $2.05B | +21.8% | ||
| 2009 | $1.69B | -233.6% | ||
| 2008 | -$1.26B | -170.5% | ||
| 2007 | $1.79B | +16.1% | ||
| 2006 | $1.54B | +10.1% | ||
| 2005 | $1.40B | +29.2% | ||
| 2004 | $1.08B | +25.2% | ||
| 2003 | $866.00M | +1253.1% | ||
| 2002 | $64.00M | -85.0% | ||
| 2001 | $427.00M | -29.8% | ||
| 2000 | $608.00M | +30.2% | ||
| 1999 | $467.00M | +140.7% | ||
| 1998 | $194.00M | -52.3% | ||
| 1997 | $407.00M | +73.9% | ||
| 1996 | $234.00M | -7.1% | ||
| 1995 | $252.00M | +620.0% | ||
| 1994 | $35.00M | -63.5% | ||
| 1993 | $96.00M | -20.7% | ||
| 1992 | $121.00M | -54.9% | ||
| 1991 | $268.20M | +27.5% | ||
| 1990 | $210.40M | -361.4% | ||
| 1989 | -$80.50M | +160.5% | ||
| 1988 | -$30.90M | -132.8% | ||
| 1987 | $94.20M | +128.6% | ||
| 1986 | $41.20M | -80.8% | ||
| 1985 | $214.40M | — |
Net Income values are taken from Northrop Grumman's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Northrop Grumman (NOC) net income totalled $4.18B – edged up 0.2% year-over-year.
Northrop Grumman net income has grown for 2 consecutive years, with a +5.6% compound annual growth rate over 2020–2025 (5 years).
Between 2021 and 2025, Northrop Grumman net income plunged 40.3%, falling from $7.00B to $4.18B.
The highest annual net income of $7.00B was reported in 2021. The lowest in the available history was -$1.26B in 2008.
Northrop Grumman (NOC) sits 7th of 8 Industrials peers we track on this metric, against a peer median of $5.88B.
Northrop Grumman Net Income by Year
Northrop Grumman Net Income 2025: $4.18B
Northrop Grumman net income in 2025 was $4.18B, edged up 0.2% from 2024.
Northrop Grumman Net Income 2024: $4.17B
Northrop Grumman net income in 2024 was $4.17B, surged 103.0% from 2023.
Northrop Grumman Net Income 2023: $2.06B
Northrop Grumman net income in 2023 was $2.06B, plunged 58.0% below 2022.
Northrop Grumman Net Income 2022: $4.90B
Northrop Grumman net income in 2022 was $4.90B, plunged 30.1% below 2021.
Northrop Grumman Net Income 2021: $7.00B
Northrop Grumman net income in 2021 was $7.00B.
See more financial history for Northrop Grumman (NOC).
Sector peers — Net Income
Companies in the same sector as Northrop Grumman, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $8.87B | Industrials |
| GE Aerospace (GE) | $8.70B | Industrials |
| Union Pacific Corporation (UNP) | $7.14B | Industrials |
| RTX Corporation (RTX) | $6.73B | Industrials |
| Deere & Company (DE) | $5.03B | Industrials |
| Honeywell International Inc. (HON) | $4.73B | Industrials |
| Eaton Corporation plc (ETN) | $4.09B | Industrials |
| The Boeing Company (BA) | $2.23B | Industrials |
Frequently asked questions
What is Northrop Grumman's net income?
- Latest reported net income for Northrop Grumman (NOC) is $4.58B (period ending March 31, 2026).
How has Northrop Grumman net income changed year-over-year?
- Northrop Grumman (NOC) net income changed +0.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Northrop Grumman net income?
- Northrop Grumman (NOC) net income compound annual growth rate is +5.6% over the most recent 5 years available.
When did Northrop Grumman net income hit its highest annual value?
- Northrop Grumman net income reached its highest annual value of $7.00B in 2021.
What was Northrop Grumman net income in 2024?
- Northrop Grumman (NOC) net income in 2024 was $4.17B.
What was Northrop Grumman net income in 2025?
- Northrop Grumman (NOC) net income in 2025 was $4.18B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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