Northrop Grumman (FRA:NTH) ROCE % : 20.00% (As of Dec. 2024)

View and export this data going back to 1985. Start your Free Trial

What is Northrop Grumman ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Northrop Grumman's annualized ROCE % for the quarter that ended in Dec. 2024 was 20.00%.

Northrop Grumman ROCE % Historical Data

The historical data trend for Northrop Grumman's ROCE % 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.

* Premium members only.

Northrop Grumman ROCE % Chart

Northrop Grumman Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

12.43

29.01

20.09

8.54

16.47

Northrop Grumman Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-7.19	14.77	15.05	15.19	20.00

Northrop Grumman ROCE % Calculation

Northrop Grumman's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	5383.335	/	( ( (42680.848 - 10950.814)	+	(47137.845 - 13492.24) )	/ 2 )
	=	5383.335	/	( (31730.034	+	33645.605)	/ 2 )
	=	5383.335	/	32687.8195
	=	16.47 %

Northrop Grumman's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	6536.02	/	( ( (43508.389 - 11804.001)	+	(47137.845 - 13492.24) )	/ 2 )
	=	6536.02	/	( ( 31704.388	+	33645.605 )	/ 2 )
	=	6536.02	/	32674.9965
	=	20.00 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Northrop Grumman (FRA:NTH) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Northrop Grumman ROCE % Related Terms

Thank you for viewing the detailed overview of Northrop Grumman's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Northrop Grumman Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Northrop Grumman Corp (FRA:NTH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

NOC:USA NOC:Mexico 1NOC:Italy 0K92:UK NTH:Germany NTH:Germany NOCG34:Brazil NOCO:Austria

Address

2980 Fairview Park Drive, Falls Church, VA, USA, 22042

Website

https://www.northropgrumman.com

Northrop Grumman Corp is a diversified company which is aligned in four operating sectors, which also comprise our reportable segments namely Aeronautics Systems, Defense Systems, Mission Systems and Space Systems. The aerospace segment designs and builds military aircraft, including the F-35, Global Hawk drones, and the B-21 bomber. Defense systems develops artillery, missile systems, and missile defense technologies. Mission systems focuses on radar, navigation, and communication systems, while space systems manufactures satellites, sensors, and rocket motors.

Northrop Grumman Headlines

No Headlines