---
schema_version: "secwatch.filing_event.v1"
accession: "0001133421-23-000005"
form_type: "8-K"
ticker: "NOC"
cik: "0001133421"
company_name: "NORTHROP GRUMMAN CORP /DE/"
filed_at: "2023-01-26T23:59:59+00:00"
generated_at: "2026-06-20T07:52:23.138843+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Northrop Grumman Q4 sales up 16% to $10B; adj. EPS $7.50 (+25%); guides FY23 sales $38.0-38.4B

## Summary
- Q4 transaction-adjusted EPS $7.50 (+25% YoY); FY22 adj. EPS $25.54 vs $25.63 prior yr.
- FY22 net cash from ops $2.9B; transaction-adjusted FCF $1.6B, impacted by ~$900M Section 174 tax payments.
- FY23 sales guidance raised to $38.0-38.4B; management expects >20% cash flow CAGR through 2025.
- Backlog $78.7B; 2022 net awards $39.3B (book-to-bill 1.07); Space Systems Q4 sales +23%.
- FY22 operating margin rate 9.8% (15.8% prior yr due to prior yr gain on IT services sale).

## SEC filing metadata
- accession: 0001133421-23-000005
- form_type: 8-K
- ticker: NOC
- cik: 0001133421
- company_name: NORTHROP GRUMMAN CORP /DE/
- filed_at: 2023-01-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1133421/000113342123000005/0001133421-23-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1133421/000113342123000005/noc-20230126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001133421-23-000005
- JSON: https://secwatch.observer/filing/0001133421-23-000005.json
- Plain text: https://secwatch.observer/filing/0001133421-23-000005.txt

## Key facts
- Earnings Releases
  NORTHROP GRUMMAN CORP /DE/ updated its quarter and year ended December 31, 2022 guidance (raised).
  - Period: quarter and year ended December 31, 2022
  - Guidance: raised
  - Result: reported results
  source text: On January 26, 2023 , Northrop Grumman Corporation issued an earnings release announcing its financial results for the quarter and year ended December 31, 2022, under the heading “Northrop Grumman Reports Fourth Quarter and Full-Year 2022 Financial Results.” The earnings release is furnished as Exhibit 99.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1133421/000113342123000005/0001133421-23-000005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.