On Jan. 25, 2007, aerospace and defense firm Northrop Grumman
- The large dip in free cash flow is largely due to "discretionary pension pre-funding." That's just a fancy way of saying that the company had to put money in its pension fund.
- The company expects 2007 sales between $31 billion and $32 billion.
- The stock carries a mediocre two-star rating in Motley Fool CAPS.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$8,021 |
$7,667 |
4.6% |
|
Net Profit* |
$457 |
$334 |
36.8% |
|
EPS* |
$1.29 |
$0.93 |
38.7% |
|
Diluted Shares |
359 |
358 |
0.3% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
No Data |
No Data |
No Data |
|
Operating Margin |
7.8% |
7.0% |
0.7 |
|
Net Margin |
5.7% |
4.4% |
1.3 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$1,015 |
$1,605 |
(36.8%) |
|
Accounts Rec. |
$3,566 |
$3,553 |
0.4% |
|
Inventory |
$1,213 |
$1,164 |
4.2% |
|
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
No Data |
No Data |
No Data |
|
Long-Term Debt |
$4,162 |
$5,145 |
(19.1%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$309 |
$660 |
(53.2%) |
|
Capital Expenditures |
$244 |
$305 |
(20.0%) |
|
Free Cash Flow |
$65 |
$355 |
(81.7%) |
Find out why Fools always follow the money.
Related Companies:
-
Lockheed Martin
(NYSE:LMT) -
Honeywell International
(NYSE:HON) -
Rockwell Collins
(NYSE:COL) -
Boeing
(NYSE:BA)
Related Foolishness:
- Northrop Grumman Knocked
- Grumman Groupies, Take Note: Fool by Numbers
- Lockheed Plants a Small Seed
- Prepare for Another Moon Shot
Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.
