Northrop Grumman Corporation (NOC) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

Per the Roarable RQD rating, NOC scores 68 out of 100, equating to a C+ grade and the verdict "Roarable Hold — Upper Neutral / Watch for Breakout." The five pillars are:

• Fundamental Cash Engine (15 / 20): Per the RQD rating, this pillar reflects ROIC of 13% and an FCF yield of 4.14%. For a prospective investor, these figures indicate solid capital efficiency and cash generation relative to the current price, though the score sits below maximum, suggesting the cash engine is strong but not exceptional on the rubric.
• Whale 13F Flow (13 / 20): Per the RQD rating, this pillar captures institutional accumulation and options positioning. The source data does not include the underlying 13F holdings detail, so the score can be noted but its drivers cannot be verified here.
• Insider Conviction (16 / 20): Per the RQD rating, this is the highest-scoring pillar, drawing on SEC Form 4 and Congressional PTR cluster flow. Insider activity is the strongest positive signal on the rubric, though the individual transactions are not itemized in the provided sources.
• Macro Regime Fit (10 / 20): Per the RQD rating, this pillar reflects Beta of 0.94 and sector sensitivity. The beta sits near market-level volatility, and the lower score indicates the stock's fit with the prevailing macro regime is only moderate on the rubric.
• Forensic Balance Sheet (14 / 20): Per the RQD rating, this pillar cites Altman Z of 2.97, Piotroski F of 8/9, and Debt/Equity of 0.91. These are favorable forensic readings, supporting balance sheet quality.

Taken together, the RQD framework implies that NOC's fundamentals, insider signals, and balance sheet are supportive, while macro fit and institutional flow are less compelling. The verdict's "Watch for Breakout" language suggests the rating frames the stock as a candidate for a directional move that has not yet been confirmed. The rating is an analytical scoring output, not a recommendation.

Per the profile, Northrop Grumman Corporation is a NYSE-listed issuer in the Industrials sector, Industrial Machinery/Components industry. Per the Butterfly Supply-Chain Graph, the company is linked to defense modernization, autonomous systems, and launch programs, and the graph references its role in solid rocket motor production and nuclear-triad programs including B-21 Raider and Sentinel ICBM. Not available in source data for detailed product segmentation, customer mix, or revenue-by-segment breakdown.

Per the market data, operating margin is 10.8%, net margin is 10%, and ROIC is 13%. Per the RQD rating, the Altman Z-Score is 2.97 and the Piotroski F-Score is 8/9, with Debt/Equity of 0.91. Reported debt rose from $11032.6M in FY 2023 to $15162.0M in FY 2025 while revenue grew over the same span; cash moved from $4353.0M to $4403.0M across FY 2024 to FY 2025.

The recent news wire consists of six headlines, all flagged YELLOW under "MARKET WIRE," referencing Yahoo! Finance Canada, Seeking Alpha, StockInvest.us, Yahoo Finance, Benzinga, and 24/7 Wall St. Headlines reference a Q3 preview, forecaster revisions ahead of Q3 earnings, and dividend-discount commentary. The summaries are generic and do not disclose specific events. No proprietary signals are present in the Butterfly graph. The Butterfly graph lists two confirmed-filing links: the LHX-to-NOC solid rocket motor bottleneck relationship, a TAILWIND effect, and the GD-to-NOC policy dependency tied to nuclear-triad appropriations, also a TAILWIND effect. Risk watch items named in the graph include ammonium perchlorate energetics capacity constraints, Sentinel cost-growth reviews, and defense efficiency reviews that could trigger earnings charges. Named next catalysts include quarterly munitions book-to-bill releases and the FY NDAA strategic deterrence and shipbuilding appropriations.

Per the Butterfly Supply-Chain Graph, the solid rocket motor link identifies a duopoly in which L3Harris (via Aerojet Rocketdyne) and Northrop Grumman are described as controlling capacity for several munition and missile programs. The graph notes a 24–36 month timeline to clear replenishment backlogs, which is the key second-order constraint: capacity expansion is slow, supporting near-term pricing tailwind. The competing explanation is that emerging third-party rocket motor entrants could dilute that pricing power over time. The nuclear-triad link ties NOC and General Dynamics to shared federal appropriations; the graph's exposure label cites a disclosed concentration of approximately 70%–86%, while noting skilled-labor constraints at shipyards and Nunn-McCurdy cost-growth reviews on Sentinel that can compress margins even when top-line funding is protected. Investors should monitor NDAA and appropriations cycles as the primary policy dependency, and treat program-level cost overruns as the principal downside ripple. Not available in source data for quantified dollar exposure to either link.

• What is the specific composition of the Whale 13F Flow pillar score, and which institutions drove accumulation?
• What are the individual SEC Form 4 and Congressional PTR transactions underlying the Insider Conviction score of 16/20?
• What are the FY 2025 EPS figures, which are listed as N/A in the financials?
• What is the Sentinel program's cost-growth status, and how material is it to forward margins?
• What share of revenue is tied to the solid rocket motor and nuclear-triad programs referenced in the Butterfly graph, since the exposure is labeled undisclosed?