Northrop Grumman (MEX:NOC) FCF Margin %: -18.45% (As of Mar. 2026)


MEX:NOC Northrop Grumman Corp MEX:NOC
77 GF Score
Price MXN9,415.00
GF Value MXN10,438.28
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Northrop Grumman FCF Margin %?

Northrop Grumman MEX:NOC 77 FCF Margin % is -18.45% as of Mar. 2026. GuruFocus rates MEX:NOC with a GF Score™ of 77/100 and a GF Value™ of MXN10,438.28 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 347 Aerospace & Defense companies, Northrop Grumman ranks better than 66.57% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Northrop Grumman's Free Cash Flow for the three months ended in Mar. 2026 was MXN-32,874 Mil. Northrop Grumman's Revenue for the three months ended in Mar. 2026 was MXN178,181 Mil. Therefore, Northrop Grumman's FCF Margin % for the quarter that ended in Mar. 2026 was -18.45%.

As of today, Northrop Grumman's current FCF Yield % is 4.63%.

The historical rank and industry rank for Northrop Grumman's FCF Margin % or its related term are showing as below:

MEX:NOC' s FCF Margin % Range Over the Past 10 Years
Min: 4.01   Med: 7.07   Max: 8.96
Current: 7.9


During the past 13 years, the highest FCF Margin % of Northrop Grumman was 8.96%. The lowest was 4.01%. And the median was 7.07%.

MEX:NOC's FCF Margin % is ranked better than
66.57% of 347 companies
in the Aerospace & Defense industry
Industry Median: 0.64 vs MEX:NOC: 7.90


Northrop Grumman FCF Margin % Related Terms


Northrop Grumman FCF Margin % Historical Data

* Premium members only.

The historical data trend for Northrop Grumman's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Northrop Grumman FCF Margin % Chart

Northrop Grumman Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.03 4.01 5.34 6.39 7.88

Northrop Grumman Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -19.23 6.15 12.05 27.62 -18.45

MEX:NOC vs RKLB, TDG, GD: FCF Margin % Comparison

For the Aerospace & Defense subindustry, Northrop Grumman's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Northrop Grumman FCF Margin % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Northrop Grumman's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Northrop Grumman's FCF Margin % falls into.


MEX:NOC
77GF Score
Northrop Grumman Corp MEX:NOC
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Northrop Grumman FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Northrop Grumman's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=59544.85/755411.138
=7.88 %

Northrop Grumman's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-32873.612/178181.109
=-18.45 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of -18.45% mean?
Northrop Grumman (MEX:NOC) has a FCF Margin % of -18.45% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Northrop Grumman and its competitors. Over the past decade, Northrop Grumman's FCF Margin % has ranged from 4.01 to 8.96. According to the industry distribution chart, Northrop Grumman ranks #116 out of 347 companies in the Aerospace & Defense industry, placing it in the top 33.4%.
Is Northrop Grumman's FCF Margin % too high?
Northrop Grumman's current FCF Margin % is -18.45%. Over the past 10 years, this metric has ranged from a low of 4.01 to a high of 8.96. Based on the distribution chart, Northrop Grumman ranks #116 out of 347 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Northrop Grumman has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Northrop Grumman's FCF Margin % compare to RKLB and TDG?
According to the Aerospace & Defense industry distribution chart, Northrop Grumman ranks #116 out of 347 companies for FCF Margin %. This puts Northrop Grumman in the upper half of its industry. The industry median FCF Margin % is 0.64. Historically, Northrop Grumman's own FCF Margin % has ranged from 4.01 to 8.96 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Aerospace & Defense company?
The median FCF Margin % among Aerospace & Defense companies is 0.64, based on 347 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Northrop Grumman and its competitors. For the Aerospace & Defense industry, the median FCF Margin % is 0.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northrop Grumman's current FCF Margin % is -18.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northrop Grumman stock overvalued right now?
Based on GuruFocus' analysis, Northrop Grumman (MEX:NOC) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN10,438.28, compared to a current price of MXN9,415.00 — trading 9.8% below its estimated fair value. The current FCF Margin % is -18.45%. Northrop Grumman's overall GF Score™ is 77/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Northrop Grumman (MEX:NOC), the current FCF Margin % is -18.45% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Northrop Grumman (MEX:NOC) Overvalued in 2026?

Based on GuruFocus' analysis, Northrop Grumman stock appears to be undervalued. The current stock price of MXN9,415.00 is trading 9.8% below its estimated GF Value™ of MXN10,438.28. GuruFocus considers Northrop Grumman to be Modestly Undervalued.

Key valuation signals for MEX:NOC:

  • FCF Margin %: -18.45%
  • GF Value™: MXN10,438.28 vs. price of MXN9,415.00 (9.8% below fair value)
  • GF Score™: 77/100 with 2 warning signs

No single metric tells the full story. See the MEX:NOC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Northrop Grumman Business Description

Address 2980 Fairview Park Drive, Falls Church, VA, USA, 22042
Northrop Grumman is a diversified defense contractor providing aeronautics, defense, and space systems. The company's aerospace segment produces autonomous and piloted aircraft such as Global Hawk drones and the new B-21 bomber, creates the fuselage for the massive F-35 program, and maintains and upgrades numerous other military aircraft. Defense systems makes artillery and missile ammunition and guidance systems, long-range missiles, and missile defense systems. Mission systems creates and integrates a variety of radar, navigation, and communication systems for avionics, weapons control, and countermeasures on a range of platforms from helicopters to destroyers. Space systems produces satellites, sensors, space structures, and rocket motors.
77GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN9,415.00
Price
MXN10,438.28
GF Value