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Northrop Grumman Corp  (NOC)
Other Ticker:  
 
    Sector  Capital Goods    Industry Aerospace & Defense
   Industry Aerospace & Defense
   Sector  Capital Goods

Northrop Grumman's ROE per quarter

Return on Equity, Quarterly Results, Trends, Rankings, Statistics


What is ROE for Northrop Grumman in the forth quarter 2023?
Northrop Grumman Corp achieved a return on average equity (ROE) of 13.41 % in its forth quarter 2023, which is below Northrop Grumman's average return on equity, which stands at 23.12%.

ROE decreased relative to the period ending , due to the decline in net income.

Within the Aerospace & Defense industry only one company had a higher return on equity. While return on equity, the total ranking has deteriorated compared to the third quarter 2023 from 249 to 574.

What is ROE?



Return On Equity (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Equity Change -3.38 % 14.24 % 13.44 % 13.92 % -
Y / Y Net Income Change - 2.4 % -14.16 % -11.83 % -23.25 %
Net Income (TTM) in Millions 2,056 4,671 4,649 4,783 4,896
Return On Equity (TTM) 13.41 % 30.2 % 31.06 % 32.96 % 34.85 %
NOC's Total Ranking # 574 # 249 # 376 # 82 # 325
Equity (TTM) in Millions 14,795 15,928 15,486 15,136 15,312
Seq. Equity Change -7.11 % 2.85 % 2.31 % -1.15 % 9.82 %
Seq. Net Income Change - 15.39 % -3.56 % -59.52 % 127.32 %

Return On Equity Company Ranking
Within: No.
Industry # 2
Sector # 88
Overall # 574

Return On Equity Statistics
High Average Low
60.86 %
23.12 %
-9.38 %
(Dec 31 2021)   (Sep. 30, 2009)





NOC Annual Return On Equity (Dec 31 2023)
2023
(Dec 31 2022)
2022
(Dec 31 2021)
2021
(Dec 31 2020)
2020
(Dec 31 2019)
2019
Total Equity in Millions 14,795 15,312 12,926 10,579 8,819
Y / Y Equity Change -3.38 % 18.46 % 22.19 % 19.96 % 7.72 %
Net Income in Millions 2,056 4,896 7,005 3,189 2,248
Y / Y Net Income Change -58.01 % -30.11 % 119.66 % 41.86 % -30.38 %
Return On Equity 13.9 % 31.97 % 54.19 % 30.14 % 25.49 %





Annual Roe Comment
In 2023 ROE decreased compared to the previous year to 13.9 %, due to deterioration of net income.


More Return On Equity Ratios
Aerospace & Defense Industry Roe Trends and Statistics
Capital Goods Sector Return On Equity Statistics
NOC's' Return on Equity at Yahoo Finance
NOC's Roe Ratio versus Aerospace & Defense Industry, Capital Goods Sector and overall Market
Highest Ranking Return On Equity
Lowest Ranking Return On Equity
Roe for NOC's Competitors
Return On Equity for Northrop Grumman's Suppliers
Roe for NOC's Customers




Companies with similar Return On Equity at Dec 31 2023, within Capital Goods Sector ROE
Terex Corp  35.15 %
Hillenbrand inc   32.56 %
Axcelis Technologies Inc  31.66 %
Trane Technologies Plc  31.35 %
Ies Holdings Inc   30.74 %
Ferguson Plc  30.68 %
Cnh Industrial N v   30.54 %
Marine Products Corporation  28.84 %
Emcor Group Inc   28.35 %
Donaldson Company Inc   28.24 %
Comfort Systems Usa inc   27.82 %
Hovnanian Enterprises Inc  27.68 %
Abb Ltd  27.20 %
Agco Corp  27.11 %
Topbuild Corp  26.49 %
Pultegroup Inc  26.44 %
Aaon Inc   26.44 %
Watsco Inc   25.26 %
Applied Industrial Technologies Inc   25.03 %
Sterling Infrastructure Inc   24.66 %
Hudson Technologies Inc  24.41 %
Oil dri Corporation Of America  23.98 %
Graco Inc   23.79 %
Owens Corning  23.68 %
Powell Industries Inc   23.10 %
Standex International Corp  22.79 %
Energy Services Of America Corporation  22.74 %
Simpson Manufacturing Co inc   22.05 %
Sci Engineered Materials inc   21.64 %
Snap on Inc  21.38 %


Date modified: 2024-01-26T14:04:36+00:00



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