Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Assets | $44,469 | $42,579 | $43,755 | $46,544 | $49,359 |
Liabilities | $33,890 | $29,653 | $28,443 | $31,749 | $34,069 |
Equity | $10,579 | $12,926 | $15,312 | $14,795 | $15,290 |
Edwyn
Over the past five years, Northrop Grumman Corp /DE/ has shown a consistent growth trajectory in terms of total assets, liabilities, and stockholders' equity. Total assets have steadily increased from $44.47 billion in 2020 to $49.36 billion in 2024, indicating the company's continued investment in its operations and potential for future growth. This upward trend in assets suggests that Northrop Grumman has been successful in expanding its business and enhancing its asset base. Simultaneously, total liabilities have also increased over the years, from $33.89 billion in 2020 to $34.07 billion in 2024. This indicates that the company has taken on more debt to support its growth initiatives or finance its operations. However, it's noteworthy that the increase in liabilities has been relatively moderate compared to the growth in assets, which is a positive sign for the company's financial health and leverage position. Stockholders' equity has shown a mixed trend, initially increasing from $10.58 billion in 2020 to $15.29 billion in 2022, and then slightly decreasing to $15.29 billion in 2024. The fluctuations in stockholders' equity could be attributed to factors such as share buybacks, dividend payments, or fluctuations in the company's profitability. Overall, Northrop Grumman's financial position appears strong and stable, with a healthy balance sheet and a favorable asset-to-liability ratio, which is crucial for sustaining long-term growth and profitability in the competitive aerospace and defense industry.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.