Northrop Grumman Corporation (NOC) - Total Assets
Based on the latest financial reports, Northrop Grumman Corporation (NOC) holds total assets worth $50.01 Billion USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Northrop Grumman Corporation - Total Assets Trend (1985–2025)
This chart illustrates how Northrop Grumman Corporation's total assets have evolved over time, based on quarterly financial data. Also see Northrop Grumman Corporation stock valuation for the company's overall valuation and market capitalisation.
Northrop Grumman Corporation - Asset Composition Analysis
Current Asset Composition (December 2025)
Northrop Grumman Corporation's total assets of $50.01 Billion consist of 29.4% current assets and 70.6% non-current assets. Review NOC liabilities breakdown to assess the company's total debt and financial obligations.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $4.40 Billion | 8.6% |
| Accounts Receivable | $8.84 Billion | 17.2% |
| Inventory | $1.31 Billion | 2.6% |
| Property, Plant & Equipment | $12.83 Billion | 25.0% |
| Intangible Assets | $208.00 Million | 0.4% |
| Goodwill | $17.44 Billion | 33.9% |
Asset Composition Trend (1985–2025)
This chart illustrates how Northrop Grumman Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. See Northrop Grumman Corporation (NOC) share price today for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Northrop Grumman Corporation's current assets represent 29.4% of total assets in 2025, a decrease from 39.9% in 1985.
- Cash Position: Cash and equivalents constituted 8.6% of total assets in 2025, up from 0.3% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 33.0% of total assets, an increase from 0.0% in 1985.
- Asset Diversification: The largest asset category is goodwill at 33.9% of total assets.
Northrop Grumman Corporation Competitors by Total Assets
Key competitors of Northrop Grumman Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China CSSC Holdings Ltd
SHG:600150
|
China | CN¥418.46 Billion |
|
Bharat Electronics Limited
NSE:BEL_old
|
India | Rs395.27 Billion |
|
Embraer S.A.
SA:EMBR3
|
Brazil | R$12.07 Billion |
|
Shaanxi Huaqin Technology Industry Co. Ltd. A
SHG:688281
|
China | CN¥6.52 Billion |
|
Avic Shenyang Aircraft Co Ltd
SHG:600760
|
China | CN¥73.17 Billion |
|
LIG Nex1 Co Ltd
KO:079550
|
Korea | ₩7.36 Trillion |
|
China Spacesat Co Ltd
SHG:600118
|
China | CN¥13.29 Billion |
|
Chengdu ALD Aviation Manufacturing Corp
SHE:300696
|
China | CN¥2.18 Billion |
Northrop Grumman Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.15 | 0.94 | 1.46 |
| Quick Ratio | 1.04 | 0.82 | 1.36 |
| Cash Ratio | 0.00 | 0.12 | 0.46 |
| Working Capital | $1.95 Billion | $-871.00 Million | $3.95 Billion |
Northrop Grumman Corporation - Advanced Valuation Insights
This section examines the relationship between Northrop Grumman Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 4.56 |
| Latest Market Cap to Assets Ratio | 1.46 |
| Asset Growth Rate (YoY) | 4.1% |
| Total Assets | $51.38 Billion |
| Market Capitalization | $74.91 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Northrop Grumman Corporation's assets above their book value (1.46x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Northrop Grumman Corporation's assets grew by 4.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Northrop Grumman Corporation (1985–2025)
The table below shows the annual total assets of Northrop Grumman Corporation from 1985 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $51.38 Billion | +4.09% |
| 2024-12-31 | $49.36 Billion | +6.05% |
| 2023-12-31 | $46.54 Billion | +6.37% |
| 2022-12-31 | $43.76 Billion | +2.76% |
| 2021-12-31 | $42.58 Billion | -4.25% |
| 2020-12-31 | $44.47 Billion | +8.23% |
| 2019-12-31 | $41.09 Billion | +9.13% |
| 2018-12-31 | $37.65 Billion | +7.84% |
| 2017-12-31 | $34.92 Billion | +36.32% |
| 2016-12-31 | $25.61 Billion | +4.74% |
| 2015-12-31 | $24.45 Billion | -7.97% |
| 2014-12-31 | $26.57 Billion | +0.72% |
| 2013-12-31 | $26.38 Billion | -0.61% |
| 2012-12-31 | $26.54 Billion | +4.45% |
| 2011-12-31 | $25.41 Billion | -19.41% |
| 2010-12-31 | $31.53 Billion | +4.23% |
| 2009-12-31 | $30.25 Billion | +0.18% |
| 2008-12-31 | $30.20 Billion | -9.52% |
| 2007-12-31 | $33.37 Billion | +4.26% |
| 2006-12-31 | $32.01 Billion | -6.44% |
| 2005-12-31 | $34.21 Billion | +2.56% |
| 2004-12-31 | $33.36 Billion | +1.07% |
| 2003-12-31 | $33.01 Billion | -21.90% |
| 2002-12-31 | $42.27 Billion | +102.37% |
| 2001-12-31 | $20.89 Billion | +117.07% |
| 2000-12-31 | $9.62 Billion | +3.63% |
| 1999-12-31 | $9.29 Billion | -2.63% |
| 1998-12-31 | $9.54 Billion | -1.46% |
| 1997-12-31 | $9.68 Billion | +2.71% |
| 1996-12-31 | $9.42 Billion | +72.72% |
| 1995-12-31 | $5.46 Billion | -9.79% |
| 1994-12-31 | $6.05 Billion | +105.75% |
| 1993-12-31 | $2.94 Billion | -7.05% |
| 1992-12-31 | $3.16 Billion | +1.09% |
| 1991-12-31 | $3.13 Billion | +1.09% |
| 1990-12-31 | $3.09 Billion | -3.19% |
| 1989-12-31 | $3.20 Billion | +1.82% |
| 1988-12-31 | $3.14 Billion | +0.50% |
| 1987-12-31 | $3.12 Billion | +15.74% |
| 1986-12-31 | $2.70 Billion | +15.69% |
| 1985-12-31 | $2.33 Billion | -- |
About Northrop Grumman Corporation
Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. It operates through four segments: Aeronautics Systems, Defense Systems, Mission Systems and Space Systems. The Aeronautics Systems segment designs, develops, produces, integrates, sustains, and modernizes aircraft systems. This segment also offers … Read more