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Dec 31, 2020
Northrop Grumman Q4 2020 Earnings Report
Northrop Grumman reported a 17% increase in Q4 sales to $10.2 billion and a rise in Q4 EPS to $1.97 ($6.59 MTM-adjusted).
Key Takeaways
Northrop Grumman reported a strong fourth quarter and full-year 2020, with Q4 sales increasing 17% to $10.2 billion and full-year sales increasing 9% to $36.8 billion. The company's Q4 EPS was $1.97, with an MTM-adjusted EPS of $6.59. The company's total backlog increased to $81.0 billion.
2020 Net Awards totaled $52.9 billion, resulting in a 1.4 book-to-bill ratio.
Total Backlog increased to $81.0 billion.
Q4 Sales increased 17 percent to $10.2 billion.
Q4 EPS reached $1.97, with an MTM-adjusted EPS of $6.59.
Northrop Grumman
Northrop Grumman
Northrop Grumman Revenue by Segment
Forward Guidance
The company expects 2021 Sales of $35.1 to $35.5 billion, MTM-adjusted EPS of $23.15 to $23.65 and Adjusted Free Cash Flow of $3.0 to $3.3 billion.
Revenue & Expenses
Visualization of income flow from segment revenue to net income