Northrop Grumman Corporation (NOC)

Operating return on assets (Operating ROA)

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Operating income US$ in thousands 4,280,000 4,370,000 2,537,000 3,601,000 5,651,000
Total assets US$ in thousands 51,377,000 49,359,000 46,544,000 43,755,000 42,579,000
Operating ROA 8.33% 8.85% 5.45% 8.23% 13.27%

December 31, 2025 calculation

Operating ROA = Operating income ÷ Total assets
= $4,280,000K ÷ $51,377,000K
= 8.33%