Northrop Grumman Corporation Cash Flow-to-Debt Ratio
Northrop Grumman Corporation cash flow-to-debt ratio. Northrop Grumman Corporation (NOC) has a Cash Flow-to-Debt Ratio of -0.05x as of March 2026, meaning its operating cash flow of $-1.66 Billion could theoretically repay 0% of its total liabilities ($32.89 Billion) in one year. Check NOC cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of Northrop Grumman Corporation (1989–2025)
Cash flow-to-debt ratio of Northrop Grumman Corporation from 1989 to 2025. Historical debt coverage capacity for Northrop Grumman Corporation across 37 annual periods. Check Northrop Grumman Corporation cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Northrop Grumman Corporation Cash Flow-to-Debt Ratio by Year (1989–2025)
Northrop Grumman Corporation cash flow-to-debt ratio by year from 1989 to 2025. Year-by-year debt coverage analysis for Northrop Grumman Corporation. For the full cash flow conversion analysis, see Northrop Grumman Corporation cash conversion from operations.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.14x | $4.76 Billion | $34.70 Billion | ▲ +6.4% |
| 2024 | 0.13x | $4.39 Billion | $34.07 Billion | ▲ +5.5% |
| 2023 | 0.12x | $3.88 Billion | $31.75 Billion | ▲ +19.7% |
| 2022 | 0.10x | $2.90 Billion | $28.44 Billion | ▼ -15.2% |
| 2021 | 0.12x | $3.57 Billion | $29.65 Billion | ▼ -5.3% |
| 2020 | 0.13x | $4.30 Billion | $33.89 Billion | ▼ -4.6% |
| 2019 | 0.13x | $4.30 Billion | $32.27 Billion | ▲ +2.5% |
| 2018 | 0.13x | $3.83 Billion | $29.47 Billion | ▲ +38.5% |
| 2017 | 0.09x | $2.61 Billion | $27.87 Billion | ▼ -32.2% |
| 2016 | 0.14x | $2.81 Billion | $20.36 Billion | ▲ +21.0% |
| 2015 | 0.11x | $2.16 Billion | $18.93 Billion | ▼ -14.8% |
| 2014 | 0.13x | $2.59 Billion | $19.34 Billion | ▼ -14.9% |
| 2013 | 0.16x | $2.48 Billion | $15.76 Billion | ▲ +1.6% |
| 2012 | 0.16x | $2.64 Billion | $17.03 Billion | ▲ +10.5% |
| 2011 | 0.14x | $2.12 Billion | $15.07 Billion | ▲ +2.8% |
| 2010 | 0.14x | $2.45 Billion | $17.97 Billion | ▲ +12.4% |
| 2009 | 0.12x | $2.13 Billion | $17.57 Billion | ▼ -30.9% |
| 2008 | 0.18x | $3.21 Billion | $18.28 Billion | ▼ -4.6% |
| 2007 | 0.18x | $2.89 Billion | $15.69 Billion | ▲ +61.5% |
| 2006 | 0.11x | $1.76 Billion | $15.39 Billion | ▼ -24.5% |
| 2005 | 0.15x | $2.63 Billion | $17.39 Billion | ▲ +30.0% |
| 2004 | 0.12x | $1.94 Billion | $16.66 Billion | ▲ +150.6% |
| 2003 | 0.05x | $798.00 Million | $17.21 Billion | ▼ -23.7% |
| 2002 | 0.06x | $1.69 Billion | $27.80 Billion | ▼ -0.6% |
| 2001 | 0.06x | $817.00 Million | $13.37 Billion | ▼ -65.5% |
| 2000 | 0.18x | $1.01 Billion | $5.70 Billion | ▼ -11.6% |
| 1999 | 0.20x | $1.21 Billion | $6.03 Billion | ▲ +448.7% |
| 1998 | 0.04x | $244.00 Million | $6.69 Billion | ▼ -64.7% |
| 1997 | 0.10x | $730.00 Million | $7.05 Billion | ▲ +7.7% |
| 1996 | 0.10x | $701.00 Million | $7.29 Billion | ▼ -48.4% |
| 1995 | 0.19x | $744.00 Million | $4.00 Billion | ▲ +100.8% |
| 1994 | 0.09x | $441.00 Million | $4.76 Billion | ▼ -60.6% |
| 1993 | 0.24x | $380.00 Million | $1.62 Billion | ▲ +57.9% |
| 1992 | 0.15x | $284.00 Million | $1.91 Billion | ▼ -52.5% |
| 1991 | 0.31x | $609.40 Million | $1.95 Billion | ▲ +142.7% |
| 1990 | 0.13x | $266.10 Million | $2.06 Billion | ▲ +281.2% |
| 1989 | 0.03x | $78.60 Million | $2.32 Billion | — |