Northrop Grumman Corporation (NOC) — Cash Flow Reinvestment Rate
Northrop Grumman Corporation (NOC) has a Cash Flow Reinvestment Rate of 0.17x as of December 2025, reinvesting $662.00 Million (capex $662.00 Million ) from operating cash flow of $3.90 Billion. Explore Northrop Grumman Corporation capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Northrop Grumman Corporation Cash Flow Reinvestment Rate (1989–2025)
Historical reinvestment intensity for Northrop Grumman Corporation across 37 annual periods. Also explore NOC asset base for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Northrop Grumman Corporation (1989–2025)
Year-by-year capital reinvestment analysis for Northrop Grumman Corporation. For live market cap and broader valuation context, see NOC stock market capitalisation.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.30x | $1.45 Billion | $4.76 Billion | $1.45 Billion | ▼ -62.0% |
| 2024 | 0.80x | $3.52 Billion | $4.39 Billion | $1.77 Billion | ▼ -1.9% |
| 2023 | 0.82x | $3.17 Billion | $3.88 Billion | $1.77 Billion | ▼ -11.5% |
| 2022 | 0.92x | $2.68 Billion | $2.90 Billion | $1.44 Billion | ▼ -5.3% |
| 2021 | 0.97x | $3.47 Billion | $3.57 Billion | $1.42 Billion | ▲ +59.3% |
| 2020 | 0.61x | $2.63 Billion | $4.30 Billion | $1.42 Billion | ▲ +6.3% |
| 2019 | 0.58x | $2.47 Billion | $4.30 Billion | $1.26 Billion | ▼ -78.3% |
| 2018 | 2.65x | $10.13 Billion | $3.83 Billion | $1.25 Billion | ▲ +280.5% |
| 2017 | 0.70x | $1.82 Billion | $2.61 Billion | $928.00 Million | ▲ +13.4% |
| 2016 | 0.61x | $1.73 Billion | $2.81 Billion | $920.00 Million | ▲ +181.5% |
| 2015 | 0.22x | $471.00 Million | $2.16 Billion | $471.00 Million | ▲ +0.7% |
| 2014 | 0.22x | $561.00 Million | $2.59 Billion | $561.00 Million | ▲ +47.6% |
| 2013 | 0.15x | $364.00 Million | $2.48 Billion | $364.00 Million | ▼ -33.4% |
| 2012 | 0.22x | $581.00 Million | $2.64 Billion | $331.00 Million | ▼ -36.9% |
| 2011 | 0.35x | $738.00 Million | $2.12 Billion | $488.00 Million | ▲ +46.3% |
| 2010 | 0.24x | $585.00 Million | $2.45 Billion | $585.00 Million | ▼ -29.5% |
| 2009 | 0.34x | $722.00 Million | $2.13 Billion | $722.00 Million | ▲ +59.6% |
| 2008 | 0.21x | $681.00 Million | $3.21 Billion | $681.00 Million | ▼ -10.5% |
| 2007 | 0.24x | $685.00 Million | $2.89 Billion | $685.00 Million | ▼ -43.5% |
| 2006 | 0.42x | $737.00 Million | $1.76 Billion | $737.00 Million | ▲ +33.8% |
| 2005 | 0.31x | $824.00 Million | $2.63 Billion | $824.00 Million | ▼ -9.6% |
| 2004 | 0.35x | $672.00 Million | $1.94 Billion | $672.00 Million | ▼ -60.5% |
| 2003 | 0.88x | $701.00 Million | $798.00 Million | $701.00 Million | ▲ +175.8% |
| 2002 | 0.32x | $538.00 Million | $1.69 Billion | $538.00 Million | ▼ -33.8% |
| 2001 | 0.48x | $393.00 Million | $817.00 Million | $393.00 Million | ▲ +77.3% |
| 2000 | 0.27x | $274.00 Million | $1.01 Billion | $274.00 Million | ▼ -24.4% |
| 1999 | 0.36x | $433.00 Million | $1.21 Billion | $433.00 Million | ▼ -66.5% |
| 1998 | 1.07x | $261.00 Million | $244.00 Million | $261.00 Million | ▲ +228.1% |
| 1997 | 0.33x | $238.00 Million | $730.00 Million | $238.00 Million | ▲ +17.8% |
| 1996 | 0.28x | $194.00 Million | $701.00 Million | $194.00 Million | ▲ +54.8% |
| 1995 | 0.18x | $133.00 Million | $744.00 Million | $133.00 Million | ▼ -41.2% |
| 1994 | 0.30x | $134.00 Million | $441.00 Million | $134.00 Million | ▼ -13.8% |
| 1993 | 0.35x | $134.00 Million | $380.00 Million | $134.00 Million | ▼ -18.6% |
| 1992 | 0.43x | $123.00 Million | $284.00 Million | $123.00 Million | ▲ +124.8% |
| 1991 | 0.19x | $117.40 Million | $609.40 Million | $117.40 Million | ▼ -57.7% |
| 1990 | 0.46x | $121.20 Million | $266.10 Million | $121.20 Million | ▼ -80.8% |
| 1989 | 2.38x | $186.80 Million | $78.60 Million | $186.80 Million | — |