earnings
confidence high
sentiment positive
materiality 0.85
NOC FY2024 sales $41.0B (+4.4%), EPS $28.34; FCF $2.6B (+25%); backlog record $91.5B
NORTHROP GRUMMAN CORP /DE/
2024-FY EPS reported
$28.34
revenue$41,033,000,000
- FY2024 sales $41.0B (+4.4%); diluted EPS $28.34; MTM-adjusted EPS $26.08.
- Operating cash flow $4.4B; free cash flow $2.6B (+25% YoY).
- Backlog rises to record $91.5B; book-to-bill 1.23 on net awards of $50.6B.
- Q4 2024 net earnings $1.264B ($8.66 diluted EPS); segment operating margin 11.2%.
- 2025 guidance expects continued organic sales growth, margin expansion, double-digit FCF growth; Training Services divestiture mid-year.