FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8P

Three-Statement Breakdown

NOC
2026-06-30 · figures in $M

FCF UP

Free cash flow rose 10% to $3.6B — the highest of its last 8 readings, and covered net income 0.81×.

CASH FROM OPS +8.8%
5,078 11.8% MGN
CAPITAL EXPENDITURE +5.2%
1,432
FREE CASH FLOW +10.3%
3,646
FCF / NET INCOME +12.3%
0.81× TARGET >1.0×
Cash flow TTM 24-09 TTM 24-12 TTM 25-03 TTM 25-06 TTM 25-09 TTM 25-12 TTM 26-03 vs prior TTM YoY TTM 8Q
Net income
10-Q
2,375 4,174 3,711 3,945 4,019 4,182 4,576 4,496 -1.7% +14.0% 4,496 2024-09-30 · $1.0B2024-12-31 · $1.3B2025-03-31 · $481.0M2025-06-30 · $1.2B2025-09-30 · $1.1B2025-12-31 · $1.4B2026-03-31 · $875.0M2026-06-30 · $1.1B
Depreciation & amortization
10-Q
1,356 1,370 1,408 1,432 1,480 1,472 1,507 1,524 +1.1% +6.4% 1,524
Stock-based comp
95 101 101 95 94 119 119 128 +7.6% +34.7% 128
Cash from operations
4,240 4,388 3,529 2,972 3,438 4,757 4,666 5,078 +8.8% +70.9% 5,078 2024-09-30 · $1.1B2024-12-31 · $2.6B2025-03-31 · -$1.6B2025-06-30 · $868.0M2025-09-30 · $1.6B2025-12-31 · $3.9B2026-03-31 · -$1.7B2026-06-30 · $1.3B
Cash conversion
1.79× 1.05× 0.95× 0.75× 0.86× 1.14× 1.02× 1.13× +10.8% +49.9% 1.13×
Capital expenditures
(1,754) (1,767) (1,753) (1,664) (1,604) (1,450) (1,361) (1,432) +5.2% -13.9% (1,432)
Free cash flow
2,486 2,621 1,776 1,308 1,834 3,307 3,305 3,646 +10.3% +178.7% 3,646 2024-09-30 · $730.0M2024-12-31 · $1.8B2025-03-31 · -$1.8B2025-06-30 · $637.0M2025-09-30 · $1.3B2025-12-31 · $3.2B2026-03-31 · -$1.8B2026-06-30 · $978.0M
FCF margin
6.1% 6.4% 4.4% 3.2% 4.5% 7.9% 7.8% 8.5% +9.0% +163.2% 8.5%
Cash from investing
-1,721 -1,749 -1,732 -1,350 -1,289 -1,155 -1,071 -1,328 — — -1,328
Dividends paid
1,169 1,186 1,205 1,234 1,263 1,293 1,324 1,343 +1.4% +8.8% 1,343
Share repurchases
2,419 2,514 1,804 1,653 1,609 1,624 1,212 801 -33.9% -51.5% 801
Debt repayment
0 0 1,500 1,500 1,500 1,500 527 527 +0.0% -64.9% 527
Cash from financing
-1,275 -1,395 -3,173 -2,995 -3,518 -3,552 -3,190 -3,342 — — -3,342
Net change in cash
1,244 1,244 -1,376 -1,373 -1,369 50 405 408 +0.7% — 408
Ending cash balance
3,326 4,353 1,685 1,899 1,957 4,403 2,090 2,307 +10.4% +21.5% 2,307

Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.

SELECTED · FREE CASH FLOW · QoQ BRIDGE
FROM3,305 CASH FROM OPERATIONS+412 CAPITAL EXPENDITURES-71 TO3,646
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-07-21 ↗