Northrop Grumman Corporation
NOCFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
41,033
Cost of Revenue
32,671
Gross Profit
8,362
Gross Margin
20.4%
Operating Income
4,370
Operating Margin
10.6%
Net Income
4,174
Net Margin
10.2%
EPS (Basic)
$28.39
EPS (Diluted)
$28.34
EBITDA
6,839
EBITDA Margin
16.7%
2023
12/31/2023
Revenue
39,290
Cost of Revenue
32,739
Gross Profit
6,551
Gross Margin
16.7%
Operating Income
2,537
Operating Margin
6.5%
Net Income
2,056
Net Margin
5.2%
EPS (Basic)
$13.57
EPS (Diluted)
$13.53
EBITDA
4,229
EBITDA Margin
10.8%
2022
12/31/2022
Revenue
36,602
Cost of Revenue
29,128
Gross Profit
7,474
Gross Margin
20.4%
Operating Income
3,601
Operating Margin
9.8%
Net Income
4,896
Net Margin
13.4%
EPS (Basic)
$31.61
EPS (Diluted)
$31.47
EBITDA
7,684
EBITDA Margin
21.0%
2021
12/31/2021
Revenue
35,667
Cost of Revenue
28,399
Gross Profit
7,268
Gross Margin
20.4%
Operating Income
5,651
Operating Margin
15.8%
Net Income
7,005
Net Margin
19.6%
EPS (Basic)
$43.70
EPS (Diluted)
$43.54
EBITDA
8,734
EBITDA Margin
24.5%
2020
12/31/2020
Revenue
36,799
Cost of Revenue
29,321
Gross Profit
7,478
Gross Margin
20.3%
Operating Income
4,065
Operating Margin
11.0%
Net Income
3,189
Net Margin
8.7%
EPS (Basic)
$19.08
EPS (Diluted)
$19.03
EBITDA
5,588
EBITDA Margin
15.2%