Company Quick10K Filing
Northrop Grumman
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 170 $54,267
10-K 2020-01-30 Annual: 2019-12-31
10-Q 2019-10-24 Quarter: 2019-09-30
10-Q 2019-07-24 Quarter: 2019-06-30
10-Q 2019-04-24 Quarter: 2019-03-31
10-K 2019-01-31 Annual: 2018-12-31
10-Q 2018-10-24 Quarter: 2018-09-30
10-Q 2018-07-25 Quarter: 2018-06-30
10-Q 2018-04-25 Quarter: 2018-03-31
10-K 2018-01-29 Annual: 2017-12-31
10-Q 2017-10-25 Quarter: 2017-09-30
10-Q 2017-07-26 Quarter: 2017-06-30
10-Q 2017-04-26 Quarter: 2017-03-31
10-K 2017-01-30 Annual: 2016-12-31
10-Q 2016-10-26 Quarter: 2016-09-30
10-Q 2016-07-27 Quarter: 2016-06-30
10-Q 2016-04-27 Quarter: 2016-03-31
10-K 2016-02-01 Annual: 2015-12-31
10-Q 2015-10-28 Quarter: 2015-09-30
10-Q 2015-07-29 Quarter: 2015-06-30
10-Q 2015-04-29 Quarter: 2015-03-31
10-K 2015-02-02 Annual: 2014-12-31
10-Q 2014-10-22 Quarter: 2014-09-30
10-Q 2014-07-23 Quarter: 2014-06-30
10-Q 2014-04-23 Quarter: 2014-03-31
10-K 2014-02-03 Annual: 2013-12-31
10-Q 2013-10-23 Quarter: 2013-09-30
10-Q 2013-07-24 Quarter: 2013-06-30
10-Q 2013-04-24 Quarter: 2013-03-31
10-K 2013-02-05 Annual: 2012-12-31
10-Q 2012-10-24 Quarter: 2012-09-30
10-Q 2012-07-25 Quarter: 2012-06-30
10-Q 2012-04-25 Quarter: 2012-03-31
10-K 2012-02-08 Annual: 2011-12-31
10-Q 2011-10-26 Quarter: 2011-09-30
10-Q 2011-07-27 Quarter: 2011-06-30
10-Q 2011-04-27 Quarter: 2011-03-31
10-K 2011-02-09 Annual: 2010-12-31
10-Q 2010-07-29 Quarter: 2010-06-30
10-Q 2010-04-28 Quarter: 2010-03-31
10-K 2010-02-09 Annual: 2009-12-31
8-K 2020-02-12 Officers
8-K 2020-02-05 Officers, Other Events, Exhibits
8-K 2020-01-30 Earnings, Exhibits
8-K 2019-10-24 Earnings, Exhibits
8-K 2019-09-15 Regulation FD, Exhibits
8-K 2019-07-24 Earnings, Exhibits
8-K 2019-07-08 Officers, Exhibits
8-K 2019-05-15 Shareholder Vote, Shareholder Vote
8-K 2019-04-24 Earnings, Exhibits
8-K 2019-02-19 Other Events, Exhibits
8-K 2019-02-13 Officers
8-K 2019-01-31 Earnings, Exhibits
8-K 2018-12-10 Regulation FD, Exhibits
8-K 2018-12-04 Amend Bylaw, Exhibits
8-K 2018-10-29 Other Events, Exhibits
8-K 2018-10-24 Earnings, Exhibits
8-K 2018-09-19 Officers, Exhibits
8-K 2018-08-17 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-07-25 Earnings, Exhibits
8-K 2018-07-12 Officers, Exhibits
8-K 2018-06-06 M&A, Regulation FD, Exhibits
8-K 2018-06-05 Regulation FD, Other Events, Exhibits
8-K 2018-05-16 Shareholder Vote, Shareholder Vote
8-K 2018-04-25 Earnings, Exhibits
8-K 2018-02-13 Officers
8-K 2018-01-25 Earnings, Exhibits

Northrop Grumman Financials

NOC Metrics, Comps, Filings

Annual | Quarterly

Business

Northrop Grumman Corporation (herein referred to as "Northrop Grumman," the "company," "we," "us," or "our") is a leading global security company. We offer a broad portfolio of capabilities and technologies that enable us to deliver innovative platforms, systems and solutions for applications that range from undersea to outer space and into cyberspace. We provide capabilities in autonomous systems; cyber; command, control, communications and computers, intelligence, surveillance and reconnaissance (C4ISR); space; strike; and logistics and modernization. We participate in many high-priority defense and government programs in the United States (U.S.) and abroad. We conduct most of our business with the U.S. government, principally the Department of Defense (DoD) and intelligence community. We also conduct business with foreign, state and local governments, as well as commercial customers. For a discussion of risks associated with our operations, see "Risk Factors."

The company originally was formed in Hawthorne, California, in 1939, as Northrop Aircraft Incorporated and was reincorporated in Delaware in 1985, as Northrop Corporation. Northrop Corporation was a principal developer of flying wing technology, including the B-2 Spirit bomber. The company developed into one of the largest defense contractors in the world through a series of acquisitions, as well as organic growth. In 1994, we acquired Grumman Corporation (Grumman), after which time the company was renamed Northrop Grumman Corporation. Grumman was a premier military aircraft systems integrator and builder of the Lunar Module that first delivered humans to the surface of the moon. In 1996, we acquired the defense and electronics businesses of Westinghouse Electric Corporation, a world leader in the development and production of sophisticated radar and other electronic systems for the nation's defense, civil aviation, and other U.S. and international applications. In 2001, we acquired Litton Industries, Inc., a global electronics and information technology company, and one of the nation's leading full service shipbuilders. Also in 2001, we acquired Newport News Shipbuilding Inc., a leading designer and builder of nuclear-powered aircraft carriers and submarines. In 2002, we acquired TRW Inc., a leading developer of military and civil space systems and payloads, as well as a leading global integrator of complex, mission-enabling systems and services. In 2011, we completed the spin-off to our shareholders of Huntington Ingalls Industries, Inc. (HII). HII operates our former Shipbuilding business, comprised largely of a part of Litton Industries and Newport News Shipbuilding.

On June 6, 2018 (the "Merger date"), the company completed its previously announced acquisition of Orbital ATK, Inc. ("Orbital ATK") (the "Merger"). On the Merger date, Orbital ATK became a wholly-owned subsidiary of the company and its name was changed to Northrop Grumman Innovation Systems, Inc., which we established as a new, fourth business sector ("Innovation Systems"). The operating results of Innovation Systems subsequent to the Merger date have been included in the company's consolidated results of operations. See Note 2 to the consolidated financial statements for further information regarding the acquisition of Orbital ATK.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
ASML Holding (ASML) 65,205 0% 20,137 8,496 0 0 0 0 65,110
Northrop Grumman (NOC) 54,267 0% 14.3 8% 39,584 30,370 32,886 0 3,224 4,781 68,579
John Deere (DE) 52,916 5% 10.2 5% 73,530 61,246 38,778 1,962 3,320 7,739 78,676
Raytheon (RTN) 50,035 7% 12.6 10% 32,186 19,982 28,054 1,967 3,074 4,231 53,105
Illinois Tool Works (ITW) 49,454 42% 16.0 16% 15,187 12,092 14,354 6,004 2,465 3,522 56,319
Roper Technologies (ROP) 38,385 64% 24.1 7% 15,908 7,557 5,312 3,374 1,124 1,776 42,785
Eaton (ETN) 35,115 33% 12.1 6% 37,881 16,737 21,709 7,172 2,205 3,522 42,782
Lam Research (LRCX) 29,765 45% 10.6 18% 12,001 7,278 9,654 4,358 2,191 2,873 30,364
Canon (CAJ) 29,533 0% 4,899,465 1,881,552 0 0 0 0 -126,510
Fortive (FTV) 27,317 50% 11.1 16% 16,468 9,456 7,055 3,539 2,697 2,918 32,421
Cummins (CMI) 26,885 26% 7.0 13% 20,254 11,058 24,294 6,270 2,662 3,972 27,688
Harris (HRS) 22,830 34% 22.3 7% 10,117 6,754 6,801 2,334 681 1,153 25,743
Stanley Black & Decker (SWK) 21,509 34% 14.7 3% 21,524 13,296 14,224 4,804 669 1,728 25,477
Rockwell Automation (ROK) 19,460 43% 13.3 17% 6,159 5,002 6,694 2,910 1,034 1,569 20,912
Keysight Technologies (KEYS) 19,020 59% 26.2 5% 6,348 3,410 3,183 1,869 312 742 19,416
Garmin (GRMN) 15,309 59% 16.6 13% 5,525 1,374 3,463 2,057 738 875 14,488
Dover (DOV) 14,503 36% 17.3 7% 8,776 7,092 2,588 603 990 17,128
Trimble (TRMB) 11,115 72% 28.7 5% 5,876 3,051 2,452 1,761 317 441 12,658
Zebra Technologies (ZBRA) 10,932 47% 15.1 10% 4,701 3,142 4,392 2,065 481 838 12,629
Lennox (LII) 10,781 28% 20.5 16% 2,340 2,558 3,763 1,060 364 582 11,901

Balance Sheet ($MM)2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash3,2753,7013,0023,8625,1503,8632,3192,54111,2251,579
Accounts Receivable1,448
Inventory807816780654
PP&E4,8685,0423,0472,8877,1432,9913,0643,5884,2256,372
Assets30,25231,42125,41126,54326,38126,57224,45425,61434,91737,653
Accounts Payable1,9211,8461,4811,3921,2291,3051,2821,5541,6612,182
Long-Term Debt4,1914,0453,9353,9305,9285,9256,5237,07016,00014,475
Liabilities17,56517,86415,07517,02915,76119,33718,93220,35527,86929,466
Stockholders' Equity12,68713,55710,3369,51410,6207,2355,5225,2597,0488,187
Income Statement ($MM)2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue12,84112,98111,33911,38010,62814,0159,56024,5089,76530,095
Cost of Revenue11,53911,7899,2959,2238,6597,9477,5517,7297,578
Gross Profit1,3021,1922,0442,1571,9696,0682,00916,7792,187
R&D603543520507569712705639764
SG&A3,1423,0782,3502,4502,2562,4052,5662,5842,6553,011
Tax6935579979879117271186911,034513
Net Income1,6862,0532,1181,9781,9522,0691,9902,2002,0153,229
Cash Flow ($MM)2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating2,0312,4532,3472,6402,4832,5932,1622,8132,6133,827
Cash Investing867-761743-84-346-645-431-805-889-8,878
Cash Financing-1,229-1,266-3,494-1,696-849-3,235-3,275-1,7866,960-4,595