NORTHROP GRUMMAN CORP /DE/ (NOC) closed fiscal year 2025 with a gross margin of 19.8 % and a net margin of 10.0 %.
NORTHROP GRUMMAN CORP /DE/ (NOC) closed fiscal year 2025 with a gross margin of 19.8 % and a net margin of 10.0 %. The same year shows an EBITDA margin of 14.3 % and an EBIT margin of 10.8 %. The free cash flow margin was 7.9 %. Against the previous year the gross margin moved −0.6 pp and the net margin −0.2 pp. Across the period the gross margin ranges between 16.7 % in 2023 and 24.2 % in 2016. The series covers 19 fiscal years, from 2007 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 19.73 % | 18.38 % | 17.52 % | 18.81 % | 21.30 % | 22.13 % | 21.81 % | 23.36 % | 23.98 % | 24.18 % | 23.67 % | — | — | — | — | 20.42 % | 16.67 % | 20.38 % | 19.81 % |
| EBITDA margin (%) | 11.52 % | 0.94 % | 10.21 % | 12.02 % | 14.46 % | 14.43 % | 14.67 % | 15.26 % | 15.06 % | 15.11 % | 14.20 % | 15.22 % | 15.47 % | 14.49 % | 19.32 % | 13.50 % | 9.86 % | 13.99 % | 14.26 % |
| EBIT margin (%) | 9.64 % | -0.81 % | 8.22 % | 10.05 % | 12.40 % | 12.41 % | 12.66 % | 13.33 % | 13.07 % | 13.26 % | 12.38 % | 12.56 % | 11.73 % | 11.05 % | 15.84 % | 9.84 % | 6.46 % | 10.65 % | 10.75 % |
| Net margin (%) | 5.90 % | -3.91 % | 6.10 % | 7.29 % | 8.02 % | 7.84 % | 7.92 % | 8.63 % | 8.46 % | 8.27 % | 11.03 % | 10.73 % | 6.64 % | 8.67 % | 19.64 % | 13.38 % | 5.23 % | 10.17 % | 9.97 % |
| FCF margin (%) | 7.28 % | 7.83 % | 6.00 % | 6.64 % | 6.14 % | 9.16 % | 8.59 % | 8.47 % | 7.19 % | 7.66 % | 6.48 % | 8.57 % | 8.96 % | 7.84 % | 6.03 % | 4.01 % | 5.34 % | 6.39 % | 7.88 % |
