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 net asset quality index of Northrop Grumman Corporation to measure how much of total assets are equity-financed.
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. Check Northrop Grumman Corporation earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
NAURA Technology Group Co Ltd
SHE:002371
|
0.014x |
|
Emerson Electric Company
NYSE:EMR
|
0.038x |
|
Bajaj Finance Limited
NSE:BAJFINANCE
|
-0.253x |
|
NetEase Inc
MX:NTESN
|
0.080x |
|
NetEase Inc
NASDAQ:NTES
|
0.088x |
|
Equinor ASA
F:DNQA
|
0.119x |
|
Christian Dior SE
PA:CDI
|
0.165x |
|
BAE SYSTEMS ADR/4 LS-025
F:BSPA
|
N/A |
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 Northrop Grumman Corporation (NOC) 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