Northrop Grumman Cash Flow Statement

NOC / Industrials|15 years of annual SEC 10-K data (FY2011-FY2025)

Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 15 fiscal years. All figures from audited SEC 10-K filings.

Northrop Grumman generated $4.8B in operating cash flow and $3.3B in free cash flow in FY2025. Free cash flow margin was 7.9% of revenue.

Based on SEC 10-K filings.

Key Data Points

Strong return on equity: 26.2%

Data sourced from SEC EDGAR filings. Not investment advice.

Item	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011
Net Income	$4.2B	$4.2B	$2.1B	$4.9B	$7.0B	$3.2B	$2.2B	$3.2B	$2.9B	$2.0B	$2.0B	$2.1B	$2.0B	$2.0B	$2.1B
Depreciation & Amortization	$1.5B	$1.4B	$1.3B	$1.3B	$1.2B	$1.3B	$1.3B	$800.0M	$475.0M	$456.0M	$467.0M	$462.0M	$495.0M	$510.0M	$544.0M
Operating Cash Flow	$4.8B	$4.4B	$3.9B	$2.9B	$3.6B	$4.3B	$4.3B	$3.8B	$2.6B	$2.8B	$2.2B	$2.6B	$2.5B	$2.6B	$2.1B
Capital Expenditures	$1.4B	$1.8B	$1.8B	$1.4B	$1.4B	$1.4B	$1.3B	$1.2B	$928.0M	$920.0M	$471.0M	$561.0M	$364.0M	$331.0M	$492.0M
Free Cash Flow	$3.3B	$2.6B	$2.1B	$1.5B	$2.2B	$2.9B	$3.0B	$2.6B	$1.7B	$1.9B	$1.7B	$2.0B	$2.1B	$2.3B	$1.6B
Share Buybacks	$1.6B	$2.5B	$1.5B	$1.5B	$3.7B	$490.0M	$744.0M	$1.3B	$393.0M	$1.5B	$3.2B	$2.7B	$2.4B	$1.3B	$2.3B
Dividends Paid	$1.3B	$1.2B	$1.1B	$1.1B	$983.0M	$953.0M	$880.0M	$821.0M	$689.0M	$640.0M	$603.0M	$563.0M	$545.0M	$535.0M	$543.0M
FCF Margin	7.9%	6.4%	5.3%	4.0%	6.0%	7.8%	9.0%	8.6%	6.5%	7.7%	7.2%	8.5%	8.6%	9.2%	6.1%

Other Financial Statements

Income Statement Balance Sheet All Financial Data

Scores & Analysis

Piotroski F-Score Altman Z-Score Financial Ratios

Northrop Grumman Profile All Financial Data