Is NORTHROP GRUMMAN CORP /DE/ (NOC) Halal?

NYSE Industrials United States $96.9B
✓ HALAL
Confidence: 95/100
NORTHROP GRUMMAN CORP /DE/ (NOC) is Halal under 4 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 15.8% against the AAOIFI threshold of 30%, NORTHROP GRUMMAN CORP /DE/ comfortably passes the key financial ratio tests. The company operates in the Industrials sector (Aerospace & Defense), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 15.8%
/ 30%
4.1%
/ 30%
7.3%
/ 30%
3.46%
/ 5%
✓ HALAL
DJIM 15.8%
/ 33%
4.1%
/ 33%
7.3%
/ 33%
3.46%
/ 5%
✓ HALAL
MSCI 33.1%
/ 33%
8.6%
/ 33%
15.4%
/ 33%
3.46%
/ 5%
✓ HALAL
S&P 15.8%
/ 33%
4.1%
/ 33%
7.3%
/ 33%
3.46%
/ 5%
✓ HALAL
FTSE 33.1%
/ 33%
8.6%
/ 33%
15.4%
/ 50%
3.46%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
23.4
Forward: 22.5
EPS
$29.06
Dividend Yield
136.0%
Payout: 30.9%
P/B Ratio
5.8
EV/EBITDA
16.1
EV: $109.8B
Revenue
$42.0B
Growth: 9.6%
Beta
0.0
Low volatility
Current Ratio
1.1

Profitability

Gross Margin 19.8%
Operating Margin 16.5%
Net Margin 10.0%
Return on Equity (ROE) 26.2%
Return on Assets (ROA) 6.6%

Cash Flow & Balance Sheet

Operating Cash Flow$4.8B
Free Cash Flow$3.3B
Total Debt$17.0B
Debt-to-Equity107.3
Current Ratio1.1
Total Assets$51.4B

Price & Trading

Last Close$691.99
50-Day MA$706.38
200-Day MA$603.55
Avg Volume956K
Beta0.0
52-Week Range
$450.13
$774.00

About NORTHROP GRUMMAN CORP /DE/ (NOC)

CEO
Ms. Kathy J. Warden
Employees
95,000
Sector
Industrials
Industry
Aerospace & Defense
Country
United States
Exchange
NYSE
Market Cap
$96.9B
Currency
USD

Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. It operates through four segments: Aeronautics Systems, Defense Systems, Mission Systems and Space Systems. The Aeronautics Systems segment designs, develops, produces, integrates, sustains, and modernizes aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic, surveillance and reconnaissance systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems. Its Defense Systems segment designs, develops, integrates, and produces strategic deterrent systems, tactical weapons, and missile defense solutions; and provides sustainment, modernization, and training services for manned and unmanned aircraft and electronics systems. This segment also offers strategic missiles; integrated all-domain command and control systems; precision strike weapons; tactical solid rocket motors, and high-speed air-breathing and hypersonic systems; high-performance gun systems, ammunition, precision munitions, and advanced fuzes; and sustainment, operation, and modernization. The Mission Systems segment provides command, control, communication and computer, intelligence, surveillance, and reconnaissance systems; radar, electro-optical/infrared, and acoustic sensors; electronic warfare systems; advanced communications and network systems; microelectronics; navigation and positioning sensors; maritime power, propulsion, and payload launch systems; cyber solutions; and intelligence processing systems. Its Space Systems segment offers satellites, spacecraft systems, subsystems, sensors, and payloads; ground systems; missile defense systems and interceptors; and launch vehicles and related propulsion systems. The company was founded in 1939 and is based in Falls Church, Virginia.

Purification Calculator

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Frequently Asked Questions

Is NORTHROP GRUMMAN CORP /DE/ (NOC) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), NORTHROP GRUMMAN CORP /DE/ is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is NORTHROP GRUMMAN CORP /DE/'s debt ratio?

NORTHROP GRUMMAN CORP /DE/'s debt ratio is 15.8% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 33.1%.

Does NORTHROP GRUMMAN CORP /DE/ require dividend purification?

Yes, NORTHROP GRUMMAN CORP /DE/ has an impermissible income ratio of 3.46%, which means 3.46% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are NORTHROP GRUMMAN CORP /DE/'s key financial metrics?

NORTHROP GRUMMAN CORP /DE/ has a market capitalization of $96.9B, trailing P/E ratio of 23.4, and revenue of $42.0B. The company maintains a gross margin of 19.8% and a net margin of 10.0%. Return on equity stands at 26.2%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.