Latest period
$16.3B
YoY change
-2.2%
5Y CAGR
+1.9%
Peak year (FY2024)
$20.2B
Latest annual
$19.7B
Total Debt history chart for Northrop Grumman (NOC) from 2016 to 2025
Latest: $19.7B
Total Debt growth chart for Northrop Grumman (NOC) from 2016 to 2025
Latest: -2.2%
Total Debt history table for Northrop Grumman (NOC) from 1985 to 2025
| FY2025 | $19.7B | -2.2% | -$453M | ||
| FY2024 | $20.2B | +12.6% | +$2.25B | ||
| FY2023 | $17.9B | +6.6% | +$1.12B | ||
| FY2022 | $16.8B | +3.6% | +$577M | ||
| FY2021 | $16.2B | -9.5% | -$1.71B | ||
| FY2020 | $18B | +6.6% | +$1.12B | ||
| FY2019 | $16.8B | +16.9% | +$2.43B | ||
| FY2018 | $14.4B | -5.7% | -$866M | ||
| FY2017 | $15.3B | +115.9% | +$8.2B | ||
| FY2016 | $7.07B | +8.8% | +$574M | ||
| FY2015 | $6.5B | +9.6% | +$571M | ||
| FY2014 | $5.93B | -0.1% | -$3M | ||
| FY2013 | $5.93B | +50.8% | +$2B | ||
| FY2012 | $3.93B | -0.5% | -$18M | ||
| FY2011 | $3.95B | -18.2% | -$881M | ||
| FY2010 | $4.83B | +12.5% | +$535M | ||
| FY2009 | $4.29B | +8.9% | +$350M | ||
| FY2008 | $3.94B | -10.5% | -$461M | ||
| FY2007 | $4.41B | -2.4% | -$107M | ||
| FY2006 | $4.51B | -17.9% | -$983M | ||
| FY2005 | $5.5B | -0.2% | -$13M | ||
| FY2004 | $5.51B | -6.3% | -$373M | ||
| FY2003 | $5.88B | -38.9% | -$3.74B | ||
| FY2002 | $9.62B | +75.3% | +$4.13B | ||
| FY2001 | $5.49B | +240.0% | +$3.88B | ||
| FY2000 | $1.62B | -27.4% | -$610M | ||
| FY1999 | $2.23B | -21.4% | -$606M | ||
| FY1998 | $2.83B | +1.4% | +$40M | ||
| FY1997 | $2.79B | -17.4% | -$587M | ||
| FY1996 | $3.38B | +146.2% | +$2.01B | ||
| FY1995 | $1.37B | -29.1% | -$562M | ||
| FY1994 | $1.93B | +1108.8% | +$1.77B | ||
| FY1993 | $160M | -68.6% | -$350M | ||
| FY1992 | $510M | -7.3% | -$40M | ||
| FY1991 | $550M | -44.3% | -$438M | ||
| FY1990 | $988M | -14.4% | -$166M | ||
| FY1989 | $1.15B | +12.7% | +$130M | ||
| FY1988 | $1.02B | +11.3% | +$104M | ||
| FY1987 | $920M | +72.8% | +$388M | ||
| FY1986 | $532M | +163.1% | +$330M | ||
| FY1985 | $202M | — | — |
- FY2025$19.7B-2.2%
- FY2024$20.2B+12.6%
- FY2023$17.9B+6.6%
- FY2022$16.8B+3.6%
- FY2021$16.2B-9.5%
- FY2020$18B+6.6%
- FY2019$16.8B+16.9%
- FY2018$14.4B-5.7%
- FY2017$15.3B+115.9%
- FY2016$7.07B+8.8%
- FY2015$6.5B+9.6%
- FY2014$5.93B-0.1%
- FY2013$5.93B+50.8%
- FY2012$3.93B-0.5%
- FY2011$3.95B-18.2%
- FY2010$4.83B+12.5%
- FY2009$4.29B+8.9%
- FY2008$3.94B-10.5%
- FY2007$4.41B-2.4%
- FY2006$4.51B-17.9%
- FY2005$5.5B-0.2%
- FY2004$5.51B-6.3%
- FY2003$5.88B-38.9%
- FY2002$9.62B+75.3%
- FY2001$5.49B+240.0%
- FY2000$1.62B-27.4%
- FY1999$2.23B-21.4%
- FY1998$2.83B+1.4%
- FY1997$2.79B-17.4%
- FY1996$3.38B+146.2%
- FY1995$1.37B-29.1%
- FY1994$1.93B+1108.8%
- FY1993$160M-68.6%
- FY1992$510M-7.3%
- FY1991$550M-44.3%
- FY1990$988M-14.4%
- FY1989$1.15B+12.7%
- FY1988$1.02B+11.3%
- FY1987$920M+72.8%
- FY1986$532M+163.1%
- FY1985$202M—
Total Debt values are taken from Northrop Grumman's reported balance sheets (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Total Debt at Northrop Grumman (NOC)
According to Northrop Grumman's latest reported financial statements, the company's latest reported total debt is $16.3B. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — compare with cash on hand for net leverage, and total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Northrop Grumman (NOC) reported total debt of $19.7B – edged down 2.2% year-over-year.
Over 2020–2025 (5 years), Northrop Grumman total debt expanded at a +1.9% compound annual rate, with mixed annual results across the window.
$20.2B stands as the all-time-high annual total debt, posted in 2024, against a low of $160M during 1993.
Northrop Grumman Total Debt by Year
Northrop Grumman Total Debt 2025: $19.7B
Northrop Grumman posted total debt of $19.7B in 2025, edged down 2.2% below 2024.
Northrop Grumman Total Debt 2024: $20.2B
In 2024, Northrop Grumman reported total debt of $20.2B, grew 12.6% from 2023. This figure represents the highest annual value in the available history.
Northrop Grumman Total Debt 2023: $17.9B
Northrop Grumman total debt in 2023 was $17.9B, grew 6.6% from 2022.
Northrop Grumman Total Debt 2022: $16.8B
2022's total debt for Northrop Grumman came in at $16.8B, edged up 3.6% from 2021.
Northrop Grumman Total Debt 2021: $16.2B
Northrop Grumman total debt in 2021 was $16.2B.
See more financial history for Northrop Grumman (NOC).
Sector peers by Total Debt
Industrials peers of Northrop Grumman (NOC), ranked by their latest total debt
| $63.9B | |
| $54.4B | |
| $43.3B | |
| $39.5B | |
| $31.8B | |
| $22.9B | |
| $20.5B | |
| $11.2B |
- $63.9B
- $54.4B
- $43.3B
- $39.5B
- $31.8B
- $22.9B
- $20.5B
- $11.2B
Frequently asked questions
Northrop Grumman (NOC) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
- Buybacks1.11% TTM
- Dividend Profile1.76% yield
- Dividend Calculator
- Dividend Forecast
- Dividend Capture
- Stock Split History5 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.