NOC Debt-to-Equity Ratio Analysis
Updated 417h ago·SEC filings & market data
Key Takeaway
A Debt-to-Equity Ratio of 0.81x means NOC uses $0.81 of debt for every $1.00 of shareholders' equity, showing a balanced capital structure.
Sector Performance
55th percentileNOC
0.81x
Sector Median
0.74x
Sector Avg
2.51x
Prior Period
0.84x(Jul 2026)
Deep Analysis
A Debt-to-Equity Ratio of 0.81x means NOC uses $0.81 of debt for every $1.00 of shareholders' equity, showing a balanced capital structure.
This sits above the sector median of 0.74x, placing the company at the 55th percentile among peers. The year-over-year change is not available, but the quarter-over-quarter change shows a 3.6% decline to 0.81x from 0.84x. The slightly elevated level relative to peers is tempered by the recent reduction in leverage, suggesting a manageable risk profile without immediate pressure. This combination implies limited downside risk from debt obligations while leaving room for financial flexibility. The metric supports the overall NEUTRAL verdict, as leverage is neither a strong risk nor a clear advantage versus the sector.
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about NOC?
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
How is the Debt-to-Equity Ratio calculated?
Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.
Who are NOC's closest peers by Debt-to-Equity Ratio?
The closest peers by Debt-to-Equity Ratio include: TAP (0.76x), PCAR (0.72x), O (0.78x), PRU (0.78x), KIM (0.85x).
Learn More About Debt-to-Equity Ratio
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Debt/Equity Ratio: How Much Debt Is Too Much?
The debt to equity ratio explained: why context, interest coverage, and sector norms matter far more than the raw number when assessing debt risk.
The Formula
Total Debt / Shareholders' Equity
Why It Matters
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
Master NOC's Valuation
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0.81x
Sector Median
0.74x
Sector Avg
2.51x
How NOC's Debt-to-Equity Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.