Northrop Grumman Gross Margin 2010-2024 | NOC

Northrop Grumman gross margin for the quarter ending September 30, 2024 was 16.87%.

  • Northrop Grumman average gross margin for 2023 was 19.44%, a 6.04% decline from 2022.
  • Northrop Grumman average gross margin for 2022 was 20.69%, a 1.03% decline from 2021.
  • Northrop Grumman average gross margin for 2021 was 20.48%, a 2.57% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.

Northrop Grumman Gross Margin 2010-2024 | NOC

  • Northrop Grumman average gross margin for 2023 was 19.44%, a 6.04% decline from 2022.
  • Northrop Grumman average gross margin for 2022 was 20.69%, a 1.03% decline from 2021.
  • Northrop Grumman average gross margin for 2021 was 20.48%, a 2.57% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.
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