Northrop Grumman Corporation Cash Flow Quality Index
Northrop Grumman Corporation cash flow quality index. Northrop Grumman Corporation (NOC) has a Cash Flow Quality Index of -1.89x as of March 2026. Operating cash flow of $-1.66 Billion is below net income of $875.00 Million, suggesting accrual-heavy earnings not yet converted to cash. See Northrop Grumman Corporation free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Northrop Grumman Corporation (1990–2025)
Cash flow quality index of Northrop Grumman Corporation from 1990 to 2025. Historical Cash Flow Quality Index for Northrop Grumman Corporation across 34 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore NOC cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Northrop Grumman Corporation Cash Flow Quality Index by Year (1990–2025)
Northrop Grumman Corporation cash flow quality index by year from 1990 to 2025. Year-by-year earnings quality comparison for Northrop Grumman Corporation. For the full cash flow conversion analysis, see Northrop Grumman Corporation cash flow conversion.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.14x | $4.76 Billion | $4.18 Billion | ▲ +8.2% |
| 2024 | 1.05x | $4.39 Billion | $4.17 Billion | ▼ -44.2% |
| 2023 | 1.88x | $3.88 Billion | $2.06 Billion | ▲ +218.1% |
| 2022 | 0.59x | $2.90 Billion | $4.90 Billion | ▲ +16.4% |
| 2021 | 0.51x | $3.57 Billion | $7.00 Billion | ▼ -62.3% |
| 2020 | 1.35x | $4.30 Billion | $3.19 Billion | ▼ -29.4% |
| 2019 | 1.91x | $4.30 Billion | $2.25 Billion | ▲ +61.3% |
| 2018 | 1.19x | $3.83 Billion | $3.23 Billion | ▼ -8.6% |
| 2017 | 1.30x | $2.61 Billion | $2.02 Billion | ▲ +1.4% |
| 2016 | 1.28x | $2.81 Billion | $2.20 Billion | ▲ +17.7% |
| 2015 | 1.09x | $2.16 Billion | $1.99 Billion | ▼ -13.3% |
| 2014 | 1.25x | $2.59 Billion | $2.07 Billion | ▼ -1.5% |
| 2013 | 1.27x | $2.48 Billion | $1.95 Billion | ▼ -4.7% |
| 2012 | 1.33x | $2.64 Billion | $1.98 Billion | ▲ +4.4% |
| 2010 | 1.28x | $2.45 Billion | $1.92 Billion | ▲ +1.0% |
| 2009 | 1.27x | $2.13 Billion | $1.69 Billion | ▼ -21.6% |
| 2007 | 1.61x | $2.89 Billion | $1.79 Billion | ▲ +41.8% |
| 2006 | 1.14x | $1.76 Billion | $1.54 Billion | ▼ -40.0% |
| 2005 | 1.90x | $2.63 Billion | $1.38 Billion | ▲ +7.2% |
| 2004 | 1.77x | $1.94 Billion | $1.09 Billion | ▲ +79.3% |
| 2003 | 0.99x | $798.00 Million | $808.00 Million | ▼ -96.3% |
| 2002 | 26.39x | $1.69 Billion | $64.00 Million | ▲ +1279.3% |
| 2001 | 1.91x | $817.00 Million | $427.00 Million | ▲ +15.2% |
| 2000 | 1.66x | $1.01 Billion | $608.00 Million | ▼ -33.5% |
| 1999 | 2.50x | $1.21 Billion | $483.00 Million | ▲ +98.7% |
| 1998 | 1.26x | $244.00 Million | $194.00 Million | ▼ -29.9% |
| 1997 | 1.79x | $730.00 Million | $407.00 Million | ▼ -40.1% |
| 1996 | 3.00x | $701.00 Million | $234.00 Million | ▲ +1.5% |
| 1995 | 2.95x | $744.00 Million | $252.00 Million | ▼ -76.6% |
| 1994 | 12.60x | $441.00 Million | $35.00 Million | ▲ +218.3% |
| 1993 | 3.96x | $380.00 Million | $96.00 Million | ▲ +68.6% |
| 1992 | 2.35x | $284.00 Million | $121.00 Million | ▲ +3.3% |
| 1991 | 2.27x | $609.40 Million | $268.20 Million | ▲ +79.7% |
| 1990 | 1.26x | $266.10 Million | $210.40 Million | — |