NOC

Northrop Grumman
D

NOC

Arincen63/100B

Northrop Grumman return on equity (ROE)

Northrop Grumman's return on equity is 24.19%: net income of 4.52B USD over the last twelve months on shareholders' equity of 18.68B USD.

Today
24.19%
Average, 5 years
28.34%
Low, 5 years
13.90%
High, 5 years
54.19%

ROE (return on equity) = net income (last 12 months) ÷ shareholders' equity = 4.52B ÷ 18.68B = 24.19%

ROE (return on equity)
Net income
Shareholders' equity

Each quarter's net income over its last four quarters, over the shareholders' equity at the quarter end.

Why is Northrop Grumman's return on equity so high?

Net margin
10.0%
profit on each dollar of sales
Asset turnover
0.82×
sales on each dollar of assets
Equity multiplier
3.08×
assets on each dollar of equity
Return on equity
25.1%
FY2025
  • FY202510.0% × 0.82 × 3.08 = 25.1%
  • FY202410.2% × 0.83 × 3.23 = 27.3%
  • FY20235.2% × 0.84 × 3.15 = 13.9%
  • FY202213.4% × 0.84 × 2.86 = 32.0%
  • FY202119.6% × 0.84 × 3.29 = 54.2%

The DuPont breakdown, on each year-end's assets and equity, as the return on equity elsewhere on this page. A high equity multiplier means a small equity base: debt, or buybacks that return the equity to shareholders, lift the return on what is left.

ROE (return on equity) by year and by quarter

Fiscal yearPeriod endingROE (return on equity)Net incomeShareholders' equity
Today24.19%4.52B18.68B
FY202531 Dec 202525.08%4.18B16.67B
FY202431 Dec 202427.30%4.17B15.29B
FY202331 Dec 202313.90%2.06B14.80B
FY202231 Dec 202231.97%4.90B15.31B
FY202131 Dec 202154.19%7.01B12.93B
FY202031 Dec 202030.14%3.19B10.58B
FY201931 Dec 201925.49%2.25B8.82B
FY201831 Dec 201839.44%3.23B8.19B
FY201731 Dec 201728.59%2.02B7.05B
FY201631 Dec 201641.83%2.20B5.26B
FY201531 Dec 201536.04%1.99B5.52B
FY201431 Dec 201428.60%2.07B7.24B
FY201331 Dec 201318.38%1.95B10.62B
FY201231 Dec 201220.79%1.98B9.51B
FY201131 Dec 2011-0.31%-32.00M10.34B
FY201031 Dec 201014.16%1.92B13.56B
FY200931 Dec 200913.29%1.69B12.69B
FY200831 Dec 2008-10.59%-1.26B11.92B
FY200731 Dec 200710.12%1.79B17.69B
FY200631 Dec 20069.28%1.54B16.62B
FY200531 Dec 20058.22%1.38B16.83B
FY200431 Dec 20046.54%1.09B16.70B
FY200331 Dec 20035.12%808.00M15.79B
FY200231 Dec 20020.45%64.00M14.32B
FY200131 Dec 20015.78%427.00M7.39B
FY200031 Dec 200015.51%608.00M3.92B
FY199931 Dec 199914.83%483.00M3.26B
FY199831 Dec 19986.81%194.00M2.85B
FY199731 Dec 199715.52%407.00M2.62B
FY199631 Dec 199611.00%234.00M2.13B
FY199531 Dec 199517.27%252.00M1.46B
FY199431 Dec 19942.71%35.00M1.29B
FY199331 Dec 19937.26%96.00M1.32B
FY199231 Dec 19929.65%121.00M1.25B
FY199131 Dec 199122.68%268.20M1.18B
FY199031 Dec 199020.38%210.40M1.03B
FY198931 Dec 1989-9.20%-80.50M875.10M
FY198831 Dec 1988-3.08%-30.90M1.00B
FY198731 Dec 19879.94%94.20M947.50M
FY198631 Dec 19864.58%41.20M898.70M
FY198531 Dec 198523.85%214.40M899.00M

Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.

See also:P/E ratio,Market cap,P/S ratio,Dividend yield,Debt to equity,Current ratio,All ratios

Common questions about Northrop Grumman's ROE

Source: Financial Modeling Prep