Summary - Funding Rounds

Founding Date

2015
Northrop Grumman Space Systems is a subsidiary of Northrop Grumman

Northrop Grumman Space Systems Revenue Breakdown

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Northrop Grumman Space Systems revenue breakdown by business segment: 11.7% from Service and 88.3% from Product

Northrop Grumman Space Systems revenue breakdown by geographic segment: 14.2% from All Other, 77.4% from United States and 8.5% from Other

Northrop Grumman Space Systems Income Statement

Annual

USDFY, 2017FY, 2018FY, 2019

Revenue

4.8b3.3b6.1b

Revenue growth, %

7%(31%)87%

Cost of goods sold

3.7b

Gross profit

1.1b

Gross profit Margin, %

22%

Sales and marketing expense

115.0m

R&D expense

115.0m

General and administrative expense

306.0m

Operating expense total

536.0m

EBIT

529.0m343.0m671.0m

EBIT margin, %

11%10%11%

Interest expense

67.0m

Pre tax profit

462.0m

Income tax expense

152.0m

Net Income

310.0m

Quarterly

USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

1.1b1.1b1.2b1.3b400.0m1.4b1.4b1.5b1.6b

Cost of goods sold

856.0m848.0m941.0m1.0b

Gross profit

229.0m267.0m275.0m290.0m

Gross profit Margin, %

21%24%23%22%

Sales and marketing expense

28.0m31.0m31.0m28.0m

R&D expense

22.0m32.0m24.0m34.0m

General and administrative expense

68.0m68.0m78.0m74.0m

Operating expense total

118.0m131.0m133.0m136.0m

EBIT

111.0m136.0m142.0m154.0m39.0m161.0m167.0m169.0m164.0m

EBIT margin, %

10%12%12%12%10%11%12%11%10%

Interest expense

17.0m17.0m17.0m17.0m

Pre tax profit

94.0m119.0m125.0m122.0m

Income tax expense

28.0m31.0m31.0m21.0m

Net Income

66.0m88.0m94.0m101.0m

Northrop Grumman Space Systems Balance Sheet

Annual

USDFY, 2017

Cash

346.0m

Accounts Receivable

1.9b

Inventories

221.0m

Current Assets

2.5b

PP&E

934.0m

Goodwill

1.8b

Total Assets

5.7b

Accounts Payable

216.0m

Short-term debt

40.0m

Current Liabilities

1.5b

Long-term debt

1.4b

Total Debt

1.4b

Total Liabilities

3.6b

Common Stock

1.0m

Additional Paid-in Capital

2.2b

Retained Earnings

1.5b

Total Equity

2.0b

Debt to Equity Ratio

0.7 x

Debt to Assets Ratio

0.2 x

Financial Leverage

2.8 x

Quarterly

USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

167.0m74.0m119.0m59.0m

Accounts Receivable

1.9b1.9b1.9b338.0m

Inventories

242.0m281.0m267.0m248.0m

Current Assets

2.4b2.3b2.4b2.2b

PP&E

821.0m842.0m858.0m967.0m

Goodwill

1.8b1.8b1.8b1.8b

Total Assets

5.6b5.5b5.5b5.4b

Accounts Payable

189.0m92.0m141.0m173.0m

Short-term debt

40.0m40.0m40.0m40.0m

Current Liabilities

1.4b1.2b1.3b1.3b

Long-term debt

1.5b1.5b1.4b1.4b

Total Debt

1.5b1.5b1.4b1.5b

Total Liabilities

3.7b3.5b3.5b3.5b

Common Stock

576.9k576.1k1.0m1.0m

Additional Paid-in Capital

2.2b2.2b2.2b2.2b

Retained Earnings

1.3b1.4b1.5b1.3b

Total Equity

1.9b2.0b2.1b1.9b

Debt to Equity Ratio

0.8 x0.8 x0.7 x0.8 x

Debt to Assets Ratio

0.3 x0.3 x0.3 x0.3 x

Financial Leverage

3 x2.8 x2.7 x2.9 x

Northrop Grumman Space Systems Cash Flow

Annual

USDFY, 2017

Net Income

310.0m

Depreciation and Amortization

155.0m

Accounts Receivable

(122.0m)

Inventories

18.0m

Accounts Payable

10.0m

Cash From Operating Activities

520.0m

Capital Expenditures

(245.0m)

Cash From Investing Activities

(245.0m)

Dividends Paid

(74.0m)

Cash From Financing Activities

(129.0m)

Net Change in Cash

146.0m

Interest Paid

60.0m

Income Taxes Paid

24.0m

Free Cash Flow

275.0m

Quarterly

USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

66.0m154.0m248.0m101.0m

Depreciation and Amortization

42.0m77.0m115.0m36.0m

Accounts Receivable

(174.0m)(131.0m)(168.0m)(89.0m)

Inventories

(26.0m)(67.0m)(25.0m)12.0m

Accounts Payable

21.0m(81.0m)(58.0m)(37.0m)

Cash From Operating Activities

(35.0m)(39.0m)157.0m(237.0m)

Capital Expenditures

(43.0m)(94.0m)(138.0m)(71.0m)

Cash From Investing Activities

(43.0m)(94.0m)(138.0m)(71.0m)

Dividends Paid

(18.0m)(37.0m)(55.0m)(18.0m)

Cash From Financing Activities

45.0m7.0m(100.0m)21.0m

Net Change in Cash

(33.0m)(126.0m)(81.0m)(287.0m)

Free Cash Flow

(78.0m)(133.0m)19.0m(308.0m)

Northrop Grumman Space Systems Ratios

USDQ1, 2018

Debt/Equity

0.8 x

Debt/Assets

0.3 x

Financial Leverage

3 x

Northrop Grumman Space Systems Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018FY, 2018Q1, 2019

Backlog

$7.60 b$7.48 b$7 b$6.70 b$12.10 b$14.80 b$14.70 b$14.70 b$14.40 b$14.80 b$15.40 b$15.70 b$16 b$9.40 b$8.70 b$8.21 b$8.10 b

Backlog Funded

$5.93 b$5.62 b

Backlog Unfunded

$2.28 b$2.48 b

Patents (Foreign)

294 257 320

Patents (US)

730 411 441

Patents Pending (Foreign)

191 146 125

Patents Pending (US)

188 126 102

Northrop Grumman Space Systems Employee Rating

3.6300 votes
Culture & Values
3.5
Work/Life Balance
3.5
Senior Management
3.1
Salary & Benefits
3.6
Career Opportunities
3.5
Source