Total Debt for Northrop Grumman (NOC)
According to Northrop Grumman's latest reported financial statements, the company's latest reported total debt is $17.07B USD. 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 — combine with cash on hand for net debt, and see 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 .
Currently viewingTotal DebtSwitch metric
Latest period
$17.07B
YoY change
-2.2%
5Y CAGR
+1.9%
Peak year (2024)
$20.19B
Latest annual
$19.74B
Total Debt history chart for Northrop Grumman (NOC) from 1985 to 2025
Total Debt history table for Northrop Grumman (NOC) from 1985 to 2025
| Fiscal year | Period ended | Reported | Total Debt | YoY |
|---|---|---|---|---|
| 2025 | $19.74B | -2.2% | ||
| 2024 | $20.19B | +12.6% | ||
| 2023 | $17.94B | +6.6% | ||
| 2022 | $16.82B | +3.6% | ||
| 2021 | $16.25B | -9.5% | ||
| 2020 | $17.95B | +6.6% | ||
| 2019 | $16.83B | +16.9% | ||
| 2018 | $14.40B | -5.7% | ||
| 2017 | $15.27B | +115.9% | ||
| 2016 | $7.07B | +8.8% | ||
| 2015 | $6.50B | +9.6% | ||
| 2014 | $5.92B | -0.1% | ||
| 2013 | $5.93B | +50.8% | ||
| 2012 | $3.93B | -0.5% | ||
| 2011 | $3.95B | -18.2% | ||
| 2010 | $4.83B | +12.5% | ||
| 2009 | $4.29B | +8.9% | ||
| 2008 | $3.94B | -10.5% | ||
| 2007 | $4.41B | -2.4% | ||
| 2006 | $4.51B | -17.9% | ||
| 2005 | $5.50B | -0.2% | ||
| 2004 | $5.51B | -6.3% | ||
| 2003 | $5.88B | -38.9% | ||
| 2002 | $9.62B | +75.3% | ||
| 2001 | $5.49B | +240.0% | ||
| 2000 | $1.61B | -27.4% | ||
| 1999 | $2.23B | -21.4% | ||
| 1998 | $2.83B | +1.4% | ||
| 1997 | $2.79B | -17.4% | ||
| 1996 | $3.38B | +146.2% | ||
| 1995 | $1.37B | -29.1% | ||
| 1994 | $1.93B | +1108.8% | ||
| 1993 | $160.00M | -68.6% | ||
| 1992 | $510.00M | -7.3% | ||
| 1991 | $550.00M | -44.3% | ||
| 1990 | $987.80M | -14.4% | ||
| 1989 | $1.15B | +12.7% | ||
| 1988 | $1.02B | +11.3% | ||
| 1987 | $920.00M | +72.8% | ||
| 1986 | $532.30M | +163.1% | ||
| 1985 | $202.30M | — |
Total Debt values are taken from Northrop Grumman's reported balance sheets (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
As of the 2025 fiscal year, Northrop Grumman (NOC) reported total debt of $19.74B – 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 the latest reading among the more recent periods of the dataset.
$20.19B stands as the all-time-high annual total debt, posted in 2024, against a low of $160.00M during 1993.
Within Industrials, Northrop Grumman (NOC) ranks 8th among 8 peers we track. The peer median for total debt is $37.04B.
Northrop Grumman Total Debt by Year
Northrop Grumman Total Debt 2025: $19.74B
Northrop Grumman total debt in 2025 was $19.74B, edged down 2.2% below 2024.
Northrop Grumman Total Debt 2024: $20.19B
Northrop Grumman total debt in 2024 was $20.19B, grew 12.6% from 2023. This figure represents the highest annual value in the available history.
Northrop Grumman Total Debt 2023: $17.94B
Northrop Grumman total debt in 2023 was $17.94B, grew 6.6% from 2022.
Northrop Grumman Total Debt 2022: $16.82B
Northrop Grumman total debt in 2022 was $16.82B, edged up 3.6% from 2021.
Northrop Grumman Total Debt 2021: $16.25B
Northrop Grumman total debt in 2021 was $16.25B.
See more financial history for Northrop Grumman (NOC).
Sector peers — Total Debt
Companies in the same sector as Northrop Grumman, ranked by their latest total debt.
| Company | Total Debt | Sector |
|---|---|---|
| Deere & Company (DE) | $63.94B | Industrials |
| The Boeing Company (BA) | $54.43B | Industrials |
| Caterpillar Inc. (CAT) | $43.33B | Industrials |
| RTX Corporation (RTX) | $39.51B | Industrials |
| Honeywell International Inc. (HON) | $34.58B | Industrials |
| Union Pacific Corporation (UNP) | $31.81B | Industrials |
| GE Aerospace (GE) | $20.49B | Industrials |
| Eaton Corporation plc (ETN) | $11.17B | Industrials |
Frequently asked questions
What is Northrop Grumman's total debt?
- Latest reported total debt for Northrop Grumman (NOC) is $17.07B (period ending March 31, 2026).
How has Northrop Grumman total debt changed year-over-year?
- Northrop Grumman (NOC) total debt changed -2.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Northrop Grumman total debt?
- Northrop Grumman (NOC) total debt compound annual growth rate is +1.9% over the most recent 5 years available.
When did Northrop Grumman total debt hit its highest annual value?
- Northrop Grumman total debt reached its highest annual value of $20.19B in 2024.
What was Northrop Grumman total debt in 2024?
- Northrop Grumman (NOC) total debt in 2024 was $20.19B.
What was Northrop Grumman total debt in 2025?
- Northrop Grumman (NOC) total debt in 2025 was $19.74B.
Metrics overview
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