Northrop Grumman Corporation (NOC) — Tangible Net Worth Ratio
Northrop Grumman Corporation (NOC) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets ($0.00) from net assets ($17.11 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See working capital to net assets of Northrop Grumman Corporation to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Northrop Grumman Corporation Tangible Net Worth Ratio (1985–2025)
This chart shows how Northrop Grumman Corporation's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of March 2026, the ratio stands at 100.0%, reflecting net assets of $17.11 Billion with intangible assets of $0.00 USD. See Northrop Grumman Corporation (NOC) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Northrop Grumman Corporation (1985–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Northrop Grumman Corporation from 1985 to 2025, covering 41 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Northrop Grumman Corporation stock valuation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 98.8% | $16.67 Billion | $208.00 Million | $51.38 Billion | ▲ +0.4 pp |
| 2024 | 98.3% | $15.29 Billion | $254.00 Million | $49.36 Billion | ▲ +0.4 pp |
| 2023 | 97.9% | $14.79 Billion | $305.00 Million | $46.54 Billion | ▲ +0.4 pp |
| 2022 | 97.5% | $15.31 Billion | $384.00 Million | $43.76 Billion | ▲ +2.0 pp |
| 2021 | 95.5% | $12.93 Billion | $578.00 Million | $42.58 Billion | ▲ +2.9 pp |
| 2020 | 92.6% | $10.58 Billion | $783.00 Million | $44.47 Billion | ▲ +4.4 pp |
| 2019 | 88.2% | $8.82 Billion | $1.04 Billion | $41.09 Billion | ▲ +5.0 pp |
| 2018 | 83.2% | $8.19 Billion | $1.37 Billion | $37.65 Billion | ▼ -16.0 pp |
| 2017 | 99.3% | $7.05 Billion | $52.00 Million | $34.92 Billion | ▲ +0.4 pp |
| 2016 | 98.8% | $5.26 Billion | $61.00 Million | $25.61 Billion | ▲ +0.2 pp |
| 2015 | 98.6% | $5.52 Billion | $77.00 Million | $24.45 Billion | ▲ +0.0 pp |
| 2014 | 98.6% | $7.24 Billion | $101.00 Million | $26.57 Billion | ▼ -0.4 pp |
| 2013 | 99.0% | $10.62 Billion | $104.00 Million | $26.38 Billion | ▲ +0.5 pp |
| 2012 | 98.6% | $9.51 Billion | $137.00 Million | $26.54 Billion | ▲ +0.1 pp |
| 2011 | 98.5% | $10.34 Billion | $155.00 Million | $25.41 Billion | ▼ -0.1 pp |
| 2010 | 98.6% | $13.56 Billion | $192.00 Million | $31.53 Billion | ▲ +5.5 pp |
| 2009 | 93.1% | $12.69 Billion | $873.00 Million | $30.25 Billion | ▲ +114.9 pp |
| 2008 | -21.8% | $11.92 Billion | $14.52 Billion | $30.20 Billion | ▼ -115.7 pp |
| 2007 | 93.9% | $17.69 Billion | $1.07 Billion | $33.37 Billion | ▲ +0.8 pp |
| 2006 | 93.1% | $16.61 Billion | $1.14 Billion | $32.01 Billion | ▲ +104.0 pp |
| 2005 | -10.9% | $16.83 Billion | $18.66 Billion | $34.21 Billion | ▲ +0.9 pp |
| 2004 | -11.7% | $16.70 Billion | $18.66 Billion | $33.36 Billion | ▲ +8.8 pp |
| 2003 | -20.5% | $15.80 Billion | $19.04 Billion | $33.01 Billion | ▲ +5.4 pp |
| 2002 | -25.9% | $14.46 Billion | $18.21 Billion | $42.27 Billion | ▲ +4.6 pp |
| 2001 | -30.5% | $7.51 Billion | $9.81 Billion | $20.89 Billion | ▼ -17.4 pp |
| 2000 | -13.1% | $3.92 Billion | $4.43 Billion | $9.62 Billion | ▼ -6.6 pp |
| 1999 | -6.5% | $3.26 Billion | $3.47 Billion | $9.29 Billion | ▲ +40.0 pp |
| 1998 | -46.5% | $2.85 Billion | $4.18 Billion | $9.54 Billion | ▲ +18.1 pp |
| 1997 | -64.6% | $2.62 Billion | $4.32 Billion | $9.68 Billion | ▲ +43.3 pp |
| 1996 | -107.9% | $2.13 Billion | $4.42 Billion | $9.42 Billion | ▼ -87.3 pp |
| 1995 | -20.6% | $1.46 Billion | $1.76 Billion | $5.46 Billion | ▲ +13.9 pp |
| 1994 | -34.5% | $1.29 Billion | $1.74 Billion | $6.05 Billion | ▼ -113.5 pp |
| 1993 | 79.0% | $1.32 Billion | $278.00 Million | $2.94 Billion | ▼ -21.0 pp |
| 1992 | 100.0% | $1.25 Billion | $0.00 | $3.16 Billion | ▲ +0.0 pp |
| 1991 | 100.0% | $1.18 Billion | $0.00 | $3.13 Billion | ▲ +0.0 pp |
| 1990 | 100.0% | $1.03 Billion | $0.00 | $3.09 Billion | ▲ +0.0 pp |
| 1989 | 100.0% | $875.10 Million | $0.00 | $3.20 Billion | ▲ +0.0 pp |
| 1988 | 100.0% | $1.00 Billion | $0.00 | $3.14 Billion | ▲ +0.0 pp |
| 1987 | 100.0% | $947.50 Million | $0.00 | $3.12 Billion | ▲ +0.0 pp |
| 1986 | 100.0% | $898.70 Million | $0.00 | $2.70 Billion | ▲ +0.0 pp |
| 1985 | 100.0% | $899.00 Million | $0.00 | $2.33 Billion | — |