Northrop Grumman Corporation (NOC) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Northrop Grumman Corporation (NOC) has a cash flow conversion efficiency ratio of -0.097x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-1.66 Billion) by net assets ($17.11 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See NOC days of operational coverage to measure how many days the company can operate on defensive assets alone.
Northrop Grumman Corporation - Cash Flow Conversion Efficiency Trend (1989–2025)
This chart illustrates how Northrop Grumman Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Northrop Grumman Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Northrop Grumman Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Brookfield Asset Management Ltd.
NYSE:BAM
|
0.030x |
|
Eni SpA ADR
NYSE:E
|
0.026x |
|
Luxshare Precision Industry Co Ltd
SHE:002475
|
0.051x |
|
ANZ Group Holdings Ltd
AU:ANZ
|
0.014x |
|
Intuit Inc
NASDAQ:INTU
|
0.082x |
|
Datadog Inc
NASDAQ:DDOG
|
0.084x |
|
Cigna Corp
NYSE:CI
|
0.081x |
|
Norfolk Southern Corporation
NYSE:NSC
|
0.068x |
Annual Cash Flow Conversion Efficiency for Northrop Grumman Corporation (1989–2025)
The table below shows the annual cash flow conversion efficiency of Northrop Grumman Corporation from 1989 to 2025. For the full company profile with market capitalisation and key ratios, see NOC stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $16.67 Billion | $4.76 Billion | 0.285x | -0.59% |
| 2024-12-31 | $15.29 Billion | $4.39 Billion | 0.287x | +9.57% |
| 2023-12-31 | $14.79 Billion | $3.88 Billion | 0.262x | +38.24% |
| 2022-12-31 | $15.31 Billion | $2.90 Billion | 0.189x | -31.34% |
| 2021-12-31 | $12.93 Billion | $3.57 Billion | 0.276x | -32.19% |
| 2020-12-31 | $10.58 Billion | $4.30 Billion | 0.407x | -16.48% |
| 2019-12-31 | $8.82 Billion | $4.30 Billion | 0.487x | +4.23% |
| 2018-12-31 | $8.19 Billion | $3.83 Billion | 0.467x | +26.08% |
| 2017-12-31 | $7.05 Billion | $2.61 Billion | 0.371x | -30.69% |
| 2016-12-31 | $5.26 Billion | $2.81 Billion | 0.535x | +36.62% |
| 2015-12-31 | $5.52 Billion | $2.16 Billion | 0.392x | +9.24% |
| 2014-12-31 | $7.24 Billion | $2.59 Billion | 0.358x | +53.29% |
| 2013-12-31 | $10.62 Billion | $2.48 Billion | 0.234x | -15.74% |
| 2012-12-31 | $9.51 Billion | $2.64 Billion | 0.277x | +35.61% |
| 2011-12-31 | $10.34 Billion | $2.12 Billion | 0.205x | +13.09% |
| 2010-12-31 | $13.56 Billion | $2.45 Billion | 0.181x | +7.62% |
| 2009-12-31 | $12.69 Billion | $2.13 Billion | 0.168x | -37.59% |
| 2008-12-31 | $11.92 Billion | $3.21 Billion | 0.269x | +64.86% |
| 2007-12-31 | $17.69 Billion | $2.89 Billion | 0.163x | +54.60% |
| 2006-12-31 | $16.61 Billion | $1.76 Billion | 0.106x | -32.30% |
| 2005-12-31 | $16.83 Billion | $2.63 Billion | 0.156x | +34.66% |
| 2004-12-31 | $16.70 Billion | $1.94 Billion | 0.116x | +129.50% |
| 2003-12-31 | $15.80 Billion | $798.00 Million | 0.051x | -56.75% |
| 2002-12-31 | $14.46 Billion | $1.69 Billion | 0.117x | +7.40% |
| 2001-12-31 | $7.51 Billion | $817.00 Million | 0.109x | -57.80% |
| 2000-12-31 | $3.92 Billion | $1.01 Billion | 0.258x | -30.46% |
| 1999-12-31 | $3.26 Billion | $1.21 Billion | 0.371x | +332.86% |
| 1998-12-31 | $2.85 Billion | $244.00 Million | 0.086x | -69.24% |
| 1997-12-31 | $2.62 Billion | $730.00 Million | 0.278x | -15.52% |
| 1996-12-31 | $2.13 Billion | $701.00 Million | 0.329x | -35.40% |
| 1995-12-31 | $1.46 Billion | $744.00 Million | 0.510x | +49.17% |
| 1994-12-31 | $1.29 Billion | $441.00 Million | 0.342x | +18.93% |
| 1993-12-31 | $1.32 Billion | $380.00 Million | 0.287x | +26.92% |
| 1992-12-31 | $1.25 Billion | $284.00 Million | 0.226x | -56.06% |
| 1991-12-31 | $1.18 Billion | $609.40 Million | 0.515x | +100.00% |
| 1990-12-31 | $1.03 Billion | $266.10 Million | 0.258x | +186.91% |
| 1989-12-31 | $875.10 Million | $78.60 Million | 0.090x | -- |
About Northrop Grumman Corporation
Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. It operates through four segments: Aeronautics Systems, Defense Systems, Mission Systems and Space Systems. The Aeronautics Systems segment designs, develops, produces, integrates, sustains, and modernizes aircraft systems. This segment also offers … Read more