Northrop Grumman Annual Income Statement (NYSE:NOC)

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$245.05 $1.19 (0.49%) NOC stock closing price Feb 24, 2017 (Closing)

Looking at financial statements, along with the Northrop Grumman stock price, it's management, its economic moat, and industry competitors forms an important part of fundamental analysis.   An income statement is one of the three key financial statements furnished by a company, the other two being the balance sheet and the cashflow statement. The income statement for NOC which implies a YoY revenue growth of $982M is specific to a period of time. Investors typically check YoY or QoQ revenue growth. The Northrop Grumman profit and loss statement for 2016 shows a profit of $2.2B. Profits have grown from $1.99B YoY. Apart from this an investor should also check Northrop Grumman assets and Northrop Grumman free cash flow. Northrop Grumman revenue for 2016 is $24.51B. View revenue and profit details for latest and last 10 financial years.

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Northrop Grumman Net Sales or Revenues
24.51B23.53B23.98B24.66B25.22B26.41B34.76B33.76B33.89B32.02B
Cost Of Goods Sold (COGS)18.73B17.88B18.38B19.28B19.64B20.79B28.61B28.13B27.7B25.8B
Northrop Grumman Gross Profit
5.78B5.64B5.6B5.38B5.58B5.63B6.15B5.63B6.19B6.21B
Research & Development Expense----------
Selling General & Admin Expense2.58B2.57B2.41B2.26B2.45B2.35B3.08B3.14B3.24B3.21B
Income Before Depreciation Depletion Amortization3.19B3.08B3.2B3.12B3.13B3.28B3.07B2.48B2.95B3.01B
Depreciation Depletion Amortization--------3.06B-
Non Operating Income31M15M23M-3M47M28M-194M64M38M16M
Interest Expense301M301M282M257M212M221M281M281M295M336M
Northrop Grumman Pretax Income
2.92B2.79B2.94B2.86B2.97B3.08B2.6B2.27B-368M2.69B
Provision for Income Taxes723M800M868M911M987M997M557M693M913M883M
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations2.2B1.99B2.07B1.95B1.98B2.09B2.04B1.57B-1.28B1.8B
Extraordinary Items & Discontinued Operations-----32M15M113M19M-13M
Northrop Grumman Net Income (Profit/Loss)
2.2B1.99B2.07B1.95B1.98B2.12B2.05B1.69B-1.26B1.79B
Average Shares used to compute Diluted EPS180.5M191.6M212.1M233.9M253.4M281.6M301.1M323.3M334.5M349.61M
Average Shares used to compute Basic EPS178.9M189.4M208.8M229.6M248.6M276.8M296.9M319.2M334.5M349.61M
Income Before Nonrecurring Items1.99B1.76B1.9B1.84B1.89B1.83B1.83B1.57B1.78B1.8B
Income from Nonrecurring Items205.77M226.2M173.92M109.93M84.52M254.66M218.71M--3.06B-
Northrop Grumman Earnings Per Share Basic Net
12.3010.519.918.507.967.656.925.28-3.775.12
Northrop Grumman Earnings Per Share Diluted Net
12.1910.399.758.357.817.526.825.21-3.775.12
EPS Diluted Before Nonrecurring Items11.059.218.937.887.476.496.094.875.215.16
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common3.503.102.712.382.158.341.841.691.571.48
All figures in USD. M: Millions of USD, B: Billions of USD.
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Before investing one should read a report on Northrop Grumman stock analysis. It helps to look at the following income statement items:
  • Revenue: This is the inflow that is generated from the sale of goods or services and is $24.51B for this year of 2016. Our Northrop Grumman revenue chart gives a clear visual representation of how the topline growth has been. Investors often invest in only those companies where the revenue is growing at a steady rate.
  • Bottom line: Most businesses like Northrop Grumman try to improve their bottom line by growing their topline and by increasing their operating efficiency. A healthy bottom line growth implies a good investment.
The income statement is also called statement of revenue and expense. The financials along with Northrop Grumman historical stock prices provides a lot of details about the firm. .

Northrop Grumman Income Statement - Key Financial Ratios

PE ratio (price earnings ratio)
20.1030
PS ratio (
price sales ratio
)
1.7598
Operating margin
13
Net profit margin
8.2
Dividend yield
1.43%