Northrop Grumman Corporation Capital Reinvestment Ratio
Northrop Grumman Corporation capital reinvestment ratio. Northrop Grumman Corporation (NOC) has a Capital Reinvestment Ratio of 0.17x as of December 2025, meaning it reinvests 0% of its operating cash flow ($3.90 Billion) in capital expenditures ($662.00 Million). Check NOC cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Northrop Grumman Corporation (1989–2025)
Capital reinvestment ratio of Northrop Grumman Corporation from 1989 to 2025. This chart tracks Northrop Grumman Corporation's Capital Reinvestment Ratio across 37 annual periods. Also explore how fast is Northrop Grumman Corporation growing its equity to track the company's year-over-year net asset growth rate.
Northrop Grumman Corporation Capital Reinvestment Ratio by Year (1989–2025)
Northrop Grumman Corporation capital reinvestment ratio by year from 1989 to 2025. For the full cash flow conversion analysis, see cash efficiency ratio of Northrop Grumman Corporation.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.30x | $4.76 Billion | $1.45 Billion | ▼ -24.3% |
| 2024 | 0.40x | $4.39 Billion | $1.77 Billion | ▼ -12.1% |
| 2023 | 0.46x | $3.88 Billion | $1.77 Billion | ▼ -7.4% |
| 2022 | 0.49x | $2.90 Billion | $1.44 Billion | ▲ +24.7% |
| 2021 | 0.40x | $3.57 Billion | $1.42 Billion | ▲ +20.3% |
| 2020 | 0.33x | $4.30 Billion | $1.42 Billion | ▲ +12.1% |
| 2019 | 0.29x | $4.30 Billion | $1.26 Billion | ▼ -9.9% |
| 2018 | 0.33x | $3.83 Billion | $1.25 Billion | ▼ -8.1% |
| 2017 | 0.36x | $2.61 Billion | $928.00 Million | ▲ +8.6% |
| 2016 | 0.33x | $2.81 Billion | $920.00 Million | ▲ +50.1% |
| 2015 | 0.22x | $2.16 Billion | $471.00 Million | ▲ +0.7% |
| 2014 | 0.22x | $2.59 Billion | $561.00 Million | ▲ +47.6% |
| 2013 | 0.15x | $2.48 Billion | $364.00 Million | ▲ +16.9% |
| 2012 | 0.13x | $2.64 Billion | $331.00 Million | ▼ -45.7% |
| 2011 | 0.23x | $2.12 Billion | $488.00 Million | ▼ -3.2% |
| 2010 | 0.24x | $2.45 Billion | $585.00 Million | ▼ -29.5% |
| 2009 | 0.34x | $2.13 Billion | $722.00 Million | ▲ +59.6% |
| 2008 | 0.21x | $3.21 Billion | $681.00 Million | ▼ -10.5% |
| 2007 | 0.24x | $2.89 Billion | $685.00 Million | ▼ -43.5% |
| 2006 | 0.42x | $1.76 Billion | $737.00 Million | ▲ +33.8% |
| 2005 | 0.31x | $2.63 Billion | $824.00 Million | ▼ -9.6% |
| 2004 | 0.35x | $1.94 Billion | $672.00 Million | ▼ -60.5% |
| 2003 | 0.88x | $798.00 Million | $701.00 Million | ▲ +175.8% |
| 2002 | 0.32x | $1.69 Billion | $538.00 Million | ▼ -33.8% |
| 2001 | 0.48x | $817.00 Million | $393.00 Million | ▲ +77.3% |
| 2000 | 0.27x | $1.01 Billion | $274.00 Million | ▼ -24.4% |
| 1999 | 0.36x | $1.21 Billion | $433.00 Million | ▼ -66.5% |
| 1998 | 1.07x | $244.00 Million | $261.00 Million | ▲ +228.1% |
| 1997 | 0.33x | $730.00 Million | $238.00 Million | ▲ +17.8% |
| 1996 | 0.28x | $701.00 Million | $194.00 Million | ▲ +54.8% |
| 1995 | 0.18x | $744.00 Million | $133.00 Million | ▼ -41.2% |
| 1994 | 0.30x | $441.00 Million | $134.00 Million | ▼ -13.8% |
| 1993 | 0.35x | $380.00 Million | $134.00 Million | ▼ -18.6% |
| 1992 | 0.43x | $284.00 Million | $123.00 Million | ▲ +124.8% |
| 1991 | 0.19x | $609.40 Million | $117.40 Million | ▼ -57.7% |
| 1990 | 0.46x | $266.10 Million | $121.20 Million | ▼ -80.8% |
| 1989 | 2.38x | $78.60 Million | $186.80 Million | — |