earnings
confidence high
sentiment positive
materiality 0.75
Northrop Grumman Q4 EPS $17.14 ($6.00 adjusted); FY21 sales $35.7B, adj. EPS $25.63 (+8% YoY)
NORTHROP GRUMMAN CORP /DE/
2021-FY EPS reported
$43.54
revenue$35,667,000,000
- Q4 sales $8.6B; FY21 sales $35.7B, organic sales +3% YoY.
- Q4 GAAP EPS $17.14 includes $11.14 MTM benefit; transaction-adjusted EPS $6.00.
- FY21 transaction-adjusted EPS $25.63 (+8% YoY); cash from ops $3.6B, adj. free cash flow $3.1B.
- Backlog $76.0B; board authorized additional $2.0B share repurchases.
- 2022 guidance: organic sales growth 2-3%; F-35 program recorded $73M COVID-related charge in Q4.