Northrop Grumman
NOC
$480.23
Share price
1.07%
Change (1 day)
-9.95%
Change (1 year)
Categories
Northrop Grumman Corporation is an American manufacturer of primarily defense technology for the marine, aerospace and information technology industries.
Operating Margin for Northrop Grumman (NOC)
Operating Margin as of December 2023 (TTM): 14.59%
According to Northrop Grumman's latest financial reports and stock price the company's current Operating Margin is 14.59%. At the end of 2022 the company had an Operating Margin of 17.33%.
Operating Margin history for Northrop Grumman from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 17.33% | -34.91% |
| 2021 | 26.62% | 126.69% |
| 2020 | 11.74% | 29.18% |
| 2019 | 9.09% | -36.44% |
| 2018 | 14.30% | 8.25% |
| 2017 | 13.21% | 0.43% |
| 2016 | 13.15% | 0.12% |
| 2015 | 13.14% | -2.13% |
| 2014 | 13.42% | 6.11% |
| 2013 | 12.65% | 0.42% |
| 2012 | 12.60% | 0.71% |
| 2011 | 12.51% | 33.61% |
| 2010 | 9.36% | 24.09% |
| 2009 | 7.55% | -2403.57% |
| 2008 | -0.33% | -103.49% |
| 2007 | 9.39% | 15.34% |
| 2006 | 8.14% | 14.81% |
| 2005 | 7.09% | 3.7% |
| 2004 | 6.84% | 16.49% |
| 2003 | 5.87% | -27.4% |
| 2002 | 8.08% | 9.17% |
| 2001 | 7.41% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Boeing BA | -6.35% | -143.52% | 🇺🇸 USA |
 Lockheed Martin LMT | 12.29% | -15.76% | 🇺🇸 USA |
 General Dynamics GD | 10.24% | -29.81% | 🇺🇸 USA |
 Kratos Defense & Security Solutions KTOS | -3.64% | -124.95% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.