Stock Analysis on Net
Stock Analysis on Net

Northrop Grumman Corp. (NYSE:NOC)

Total Asset Turnover 
since 2005

Microsoft Excel

Calculation

Northrop Grumman Corp., total asset turnover, long-term trends, calculation

Microsoft Excel
Total asset turnover = Sales1 ÷ Total assets1
Dec 31, 2022 0.84 = 36,602 ÷ 43,755
Dec 31, 2021 0.84 = 35,667 ÷ 42,579
Dec 31, 2020 0.83 = 36,799 ÷ 44,469
Dec 31, 2019 0.82 = 33,841 ÷ 41,089
Dec 31, 2018 0.80 = 30,095 ÷ 37,653
Dec 31, 2017 0.74 = 25,803 ÷ 34,917
Dec 31, 2016 0.96 = 24,508 ÷ 25,614
Dec 31, 2015 0.96 = 23,526 ÷ 24,454
Dec 31, 2014 0.90 = 23,979 ÷ 26,572
Dec 31, 2013 0.93 = 24,661 ÷ 26,381
Dec 31, 2012 0.95 = 25,218 ÷ 26,543
Dec 31, 2011 1.04 = 26,412 ÷ 25,411
Dec 31, 2010 1.11 = 34,757 ÷ 31,421
Dec 31, 2009 1.12 = 33,755 ÷ 30,252
Dec 31, 2008 1.12 = 33,887 ÷ 30,197
Dec 31, 2007 0.96 = 32,018 ÷ 33,373
Dec 31, 2006 0.94 = 30,148 ÷ 32,009
Dec 31, 2005 0.90 = 30,721 ÷ 34,214

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., total asset turnover, long-term trends, comparison to competitors

Microsoft Excel
Northrop Grumman Corp. Boeing Co. Caterpillar Inc. General Electric Co. Honeywell International Inc. Lockheed Martin Corp. Raytheon Technologies Corp.
Dec 31, 2022 0.84 — — — — 1.25 —
Dec 31, 2021 0.84 0.45 0.58 0.36 0.53 1.32 0.40
Dec 31, 2020 0.83 0.38 0.50 0.29 0.51 1.29 0.35
Dec 31, 2019 0.82 0.57 0.65 0.33 0.63 1.26 0.55
Dec 31, 2018 0.80 0.86 0.66 0.37 0.72 1.20 0.50
Dec 31, 2017 0.74 1.01 0.55 0.30 0.68 1.10 0.62
Dec 31, 2016 0.96 1.05 0.48 0.30 0.73 0.99 0.64
Dec 31, 2015 0.96 1.02 0.56 0.21 0.78 0.94 0.64
Dec 31, 2014 0.90 0.91 0.62 0.16 0.89 1.23 0.71
Dec 31, 2013 0.93 0.93 0.62 0.15 0.86 1.25 0.69
Dec 31, 2012 0.95 0.92 0.71 0.15 0.90 1.22 0.65
Dec 31, 2011 1.04 0.86 0.70 0.13 0.92 1.23 0.95
Dec 31, 2010 1.11 0.94 0.62 0.13 0.88 1.31 0.93
Dec 31, 2009 1.12 1.10 0.49 0.13 0.86 1.29 0.94
Dec 31, 2008 1.12 1.13 0.71 0.14 1.03 1.28 1.03
Dec 31, 2007 0.96 1.13 0.75 0.13 1.02 1.45 0.99
Dec 31, 2006 0.94 1.19 0.76 0.14 1.01 1.40 1.00
Dec 31, 2005 0.90 0.91 0.72 0.14 0.86 1.34 0.92

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., total asset turnover, long-term trends, comparison to sector (capital goods)

Microsoft Excel
Northrop Grumman Corp. Capital Goods
Dec 31, 2022 0.84 —
Dec 31, 2021 0.84 0.52
Dec 31, 2020 0.83 0.45
Dec 31, 2019 0.82 0.55
Dec 31, 2018 0.80 0.59
Dec 31, 2017 0.74 0.54
Dec 31, 2016 0.96 0.55
Dec 31, 2015 0.96 0.47
Dec 31, 2014 0.90 0.41
Dec 31, 2013 0.93 0.40
Dec 31, 2012 0.95 0.39
Dec 31, 2011 1.04 0.37
Dec 31, 2010 1.11 0.36
Dec 31, 2009 1.12 0.34
Dec 31, 2008 1.12 0.37
Dec 31, 2007 0.96 0.35
Dec 31, 2006 0.94 0.37
Dec 31, 2005 0.90 0.35

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., total asset turnover, long-term trends, comparison to industry (industrials)

Microsoft Excel
Northrop Grumman Corp. Industrials
Dec 31, 2022 0.84 —
Dec 31, 2021 0.84 0.59
Dec 31, 2020 0.83 0.51
Dec 31, 2019 0.82 0.62
Dec 31, 2018 0.80 0.66
Dec 31, 2017 0.74 0.61
Dec 31, 2016 0.96 0.61
Dec 31, 2015 0.96 0.54
Dec 31, 2014 0.90 0.49
Dec 31, 2013 0.93 0.48
Dec 31, 2012 0.95 0.47
Dec 31, 2011 1.04 0.45
Dec 31, 2010 1.11 0.42
Dec 31, 2009 1.12 0.40
Dec 31, 2008 1.12 0.44
Dec 31, 2007 0.96 0.41
Dec 31, 2006 0.94 0.44
Dec 31, 2005 0.90 0.41

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).