Stock Analysis on Net
Stock Analysis on Net

Northrop Grumman Corp. (NYSE:NOC)

This company has been moved to the archive! The financial data has not been updated since April 27, 2023.

Debt to Equity
since 2005

Microsoft Excel

Calculation

Northrop Grumman Corp., debt to equity, long-term trends, calculation

Microsoft Excel
Debt to equity = Long-term debt, including current portion1 ÷ Shareholders’ equity1
Dec 31, 2022 0.84 = 12,877 ÷ 15,312
Dec 31, 2021 0.99 = 12,783 ÷ 12,926
Dec 31, 2020 1.42 = 15,003 ÷ 10,579
Dec 31, 2019 1.57 = 13,879 ÷ 8,819
Dec 31, 2018 1.76 = 14,400 ÷ 8,187
Dec 31, 2017 2.17 = 15,266 ÷ 7,048
Dec 31, 2016 1.34 = 7,070 ÷ 5,259
Dec 31, 2015 1.18 = 6,526 ÷ 5,522
Dec 31, 2014 0.82 = 5,928 ÷ 7,235
Dec 31, 2013 0.56 = 5,930 ÷ 10,620
Dec 31, 2012 0.41 = 3,935 ÷ 9,514
Dec 31, 2011 0.38 = 3,940 ÷ 10,336
Dec 31, 2010 0.36 = 4,819 ÷ 13,557
Dec 31, 2009 0.34 = 4,282 ÷ 12,687
Dec 31, 2008 0.33 = 3,920 ÷ 11,920
Dec 31, 2007 0.23 = 4,029 ÷ 17,687
Dec 31, 2006 0.24 = 4,067 ÷ 16,615
Dec 31, 2005 0.30 = 5,095 ÷ 16,828

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$ in millions

Comparison to Competitors

Northrop Grumman Corp., debt to equity, long-term trends, comparison to competitors

Microsoft Excel
Northrop Grumman Corp. Boeing Co. Caterpillar Inc. Cummins Inc. Eaton Corp. plc General Electric Co. Honeywell International Inc. Lockheed Martin Corp. RTX Corp.
Dec 31, 2022 0.84 — 2.33 0.88 0.51 0.89 1.17 1.68 0.44
Dec 31, 2021 0.99 — 2.29 0.49 0.52 0.87 1.06 1.07 0.43
Dec 31, 2020 1.42 — 2.42 0.52 0.54 2.11 1.28 2.02 0.44
Dec 31, 2019 1.57 — 2.58 0.32 0.52 3.21 0.87 4.05 1.04
Dec 31, 2018 1.76 40.85 2.60 0.34 0.47 3.55 0.89 9.04 1.18
Dec 31, 2017 2.17 31.32 2.55 0.28 0.45 2.09 1.04 — 0.93
Dec 31, 2016 1.34 12.18 2.80 0.27 0.56 1.80 0.81 9.45 0.87
Dec 31, 2015 1.18 1.57 2.57 0.22 0.56 2.02 0.66 4.62 0.75
Dec 31, 2014 0.82 1.05 2.35 0.22 0.57 2.85 0.49 1.81 0.63
Dec 31, 2013 0.56 0.65 1.81 0.23 0.57 2.93 0.51 1.25 0.64
Dec 31, 2012 0.41 1.77 2.29 0.12 0.72 3.37 0.58 157.90 0.90
Dec 31, 2011 0.38 3.52 2.69 0.14 0.51 3.89 0.70 6.45 0.47
Dec 31, 2010 0.36 4.49 2.63 0.18 0.47 4.02 0.62 1.35 0.48
Dec 31, 2009 0.34 6.07 3.62 0.19 0.51 4.35 0.86 1.22 0.49
Dec 31, 2008 0.33 — 5.84 0.22 0.68 5.00 1.17 1.24 0.72
Dec 31, 2007 0.23 0.91 3.20 0.20 0.66 4.45 0.83 0.44 0.43
Dec 31, 2006 0.24 2.01 3.98 0.29 0.63 3.85 0.52 0.64 0.46
Dec 31, 2005 0.30 0.97 3.05 0.73 0.65 3.39 0.45 0.61 0.48

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Sector (Capital Goods)

Northrop Grumman Corp., debt to equity, long-term trends, comparison to sector (capital goods)

Microsoft Excel
Northrop Grumman Corp. Capital Goods
Dec 31, 2022 0.84 1.30
Dec 31, 2021 0.99 1.22
Dec 31, 2020 1.42 1.68
Dec 31, 2019 1.57 1.97
Dec 31, 2018 1.76 1.93
Dec 31, 2017 2.17 1.67
Dec 31, 2016 1.34 1.54
Dec 31, 2015 1.18 1.59
Dec 31, 2014 0.82 2.00
Dec 31, 2013 0.56 1.95
Dec 31, 2012 0.41 2.48
Dec 31, 2011 0.38 2.95
Dec 31, 2010 0.36 3.03
Dec 31, 2009 0.34 3.38
Dec 31, 2008 0.33 4.11
Dec 31, 2007 0.23 3.16
Dec 31, 2006 0.24 2.98
Dec 31, 2005 0.30 2.51

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Industry (Industrials)

Northrop Grumman Corp., debt to equity, long-term trends, comparison to industry (industrials)

Microsoft Excel
Northrop Grumman Corp. Industrials
Dec 31, 2022 0.84 1.30
Dec 31, 2021 0.99 1.22
Dec 31, 2020 1.42 1.68
Dec 31, 2019 1.57 1.79
Dec 31, 2018 1.76 1.81
Dec 31, 2017 2.17 1.60
Dec 31, 2016 1.34 1.50
Dec 31, 2015 1.18 1.48
Dec 31, 2014 0.82 1.81
Dec 31, 2013 0.56 1.73
Dec 31, 2012 0.41 2.18
Dec 31, 2011 0.38 2.50
Dec 31, 2010 0.36 2.58
Dec 31, 2009 0.34 2.87
Dec 31, 2008 0.33 3.39
Dec 31, 2007 0.23 2.68
Dec 31, 2006 0.24 2.43
Dec 31, 2005 0.30 2.10

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).