Northrop Grumman Corporation (NOC)
Inventory turnover
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 33,641,000 | 32,979,000 | 32,673,000 | 32,559,000 | 32,671,000 | 34,070,000 | 33,914,000 | 33,423,000 | 32,739,000 | 30,795,000 | 30,214,000 | 29,520,000 | 29,128,000 | 28,007,000 | 27,640,000 | 27,906,000 | 28,399,000 | 42,510,000 | 42,967,000 | 42,917,000 |
| Inventory | US$ in thousands | 1,309,000 | 1,615,000 | 1,553,000 | 1,578,000 | 1,455,000 | 1,646,000 | 1,504,000 | 1,370,000 | 1,109,000 | 1,355,000 | 1,287,000 | 1,115,000 | 978,000 | 989,000 | 909,000 | 838,000 | 811,000 | 872,000 | 863,000 | 860,000 |
| Inventory turnover | 25.70 | 20.42 | 21.04 | 20.63 | 22.45 | 20.70 | 22.55 | 24.40 | 29.52 | 22.73 | 23.48 | 26.48 | 29.78 | 28.32 | 30.41 | 33.30 | 35.02 | 48.75 | 49.79 | 49.90 |
December 31, 2025 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $33,641,000K ÷ $1,309,000K
= 25.70
Peer comparison
Dec 31, 2025
Dec 31, 2025
Company name
Symbol
Inventory turnover
Northrop Grumman Corporation
NOC
25.70
GE Aerospace
GE
2.44
General Dynamics Corporation
GD
4.83
Hexcel Corporation
HXL
4.04
L3Harris Technologies Inc
LHX
13.61
Lockheed Martin Corporation
LMT
19.13
Raytheon Technologies Corp
RTX
5.30
Textron Inc
TXT
2.65
The Boeing Company
BA
1.01
Transdigm Group Incorporated
TDG
1.69
Woodward Inc
WWD
3.99
See also:
Northrop Grumman Corporation Inventory Turnover (Quarterly Data)