Northrop Grumman Corporation (NOC) — 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. See Northrop Grumman Corporation free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Northrop Grumman Corporation Cash Flow-to-Debt Ratio (1989–2025)
Historical debt coverage capacity for Northrop Grumman Corporation across 37 annual periods. Also explore net asset momentum of Northrop Grumman Corporation to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Northrop Grumman Corporation (1989–2025)
Year-by-year debt coverage analysis for Northrop Grumman Corporation. For market capitalisation and broader financial context, see Northrop Grumman Corporation (NOC) market capitalisation.
| 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 | — |