Northrop Grumman Corporation (NOC)

Operating profit margin

		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	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Operating income (ttm)	US$ in thousands	4,370,000	2,888,000	2,784,000	2,661,000	2,537,000	3,836,000	3,664,000	3,651,000	3,601,000	3,437,000	3,636,000	3,726,000	5,651,000	6,061,000	6,003,000	5,953,000	4,065,000	4,049,000	4,015,000	3,967,000
Revenue (ttm)	US$ in thousands	41,033,000	40,985,000	40,764,000	40,122,000	39,290,000	38,685,000	37,881,000	37,106,000	36,602,000	35,208,000	34,957,000	35,307,000	35,667,000	37,240,000	37,603,000	37,336,000	36,799,000	35,308,000	34,700,000	34,272,000
Operating profit margin		10.65%	7.05%	6.83%	6.63%	6.46%	9.92%	9.67%	9.84%	9.84%	9.76%	10.40%	10.55%	15.84%	16.28%	15.96%	15.94%	11.05%	11.47%	11.57%	11.58%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $4,370,000K ÷ $41,033,000K
= 10.65%

Northrop Grumman Corporation's operating profit margin has exhibited fluctuations over the past few years, with the percentage ranging from as low as 6.46% in December 2023 to as high as 16.28% in September 2021. In the most recent period, December 31, 2024, the operating profit margin stood at 10.65%.

The trend in Northrop Grumman's operating profit margin indicates a general decline from the peak in September 2021. This decreasing trend could signal potential challenges in managing operating expenses relative to the company's revenues. It is important for Northrop Grumman to closely monitor and manage its cost structure to improve profitability and sustain long-term success.