Northrop Grumman Corporation (NOC)
Financial leverage ratio
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 51,377,000 | 49,359,000 | 46,544,000 | 43,755,000 | 42,579,000 |
| Total stockholders’ equity | US$ in thousands | 16,674,000 | 15,290,000 | 14,795,000 | 15,312,000 | 12,926,000 |
| Financial leverage ratio | 3.08 | 3.23 | 3.15 | 2.86 | 3.29 |
December 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $51,377,000K ÷ $16,674,000K
= 3.08
Peer comparison
Dec 31, 2025
Company name
Symbol
Financial leverage ratio
Northrop Grumman Corporation
NOC
3.08
GE Aerospace
GE
6.97
General Dynamics Corporation
GD
2.23
Hexcel Corporation
HXL
—
L3Harris Technologies Inc
LHX
2.10
Lockheed Martin Corporation
LMT
8.90
Raytheon Technologies Corp
RTX
2.62
Textron Inc
TXT
2.30
The Boeing Company
BA
30.85
Transdigm Group Incorporated
TDG
—
Woodward Inc
WWD
1.80