Northrop Grumman (NOC) Change in Taxes (2009 - 2026)

Northrop Grumman (NOC) posted quarterly Change in Taxes of -$164.0 million for Q1 2026, down 382.76% year-over-year from $58.0 million in Q1 2025, and down 18.84% on a QoQ basis from -$138.0 million in Q4 2025.

Northrop Grumman (NOC) Change in Taxes (2009 - 2026) Analysis & Trends

Northrop Grumman (NOC) has reported Change in Taxes for 15 consecutive years, with -$164.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Change in Taxes fell 382.76% year-over-year to -$164.0 million; the TTM figure through Mar 2026 stood at -$781.0 million (down 179.53% YoY), while the FY2025 annual figure was -$559.0 million, down 148.91% from the prior year.
  • Change in Taxes came in at -$164.0 million for Q1 2026 at Northrop Grumman, down from -$138.0 million in the prior quarter.
  • The five-year high for Change in Taxes was $706.0 million in Q2 2024, with the low at -$698.0 million in Q4 2023.
  • Average Change in Taxes over 5 years is -$30.4 million, with a median of -$142.0 million recorded in 2022.
  • Across the five-year window, Change in Taxes jumped 342.61% in 2024 and slumped 472.97% in 2025, its largest moves.
  • Year by year, Change in Taxes stood at -$223.0 million in 2022, then plunged by 213.0% to -$698.0 million in 2023, then jumped by 105.3% to $37.0 million in 2024, then plunged by 472.97% to -$138.0 million in 2025, then declined by 18.84% to -$164.0 million in 2026.
  • According to Business Quant data, Change in Taxes over the past three periods registered -$164.0 million, -$138.0 million, and -$276.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Taxes (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn -16.00 Mn
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn -
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn -
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn 103.00 Mn
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn 26.00 Mn
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn -99.00 Mn
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn -164.00 Mn
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn -
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn -7.00 Mn
10 Heico 50.20 Bn 50.07 Bn 569.53 Mn -22.55 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -164.00 Mn
Mar 31, 2026 -164.00 Mn
Dec 31, 2025 -138.00 Mn
Dec 31, 2025 -138.00 Mn
Sep 30, 2025 -276.00 Mn
Sep 30, 2025 -276.00 Mn
Jun 30, 2025 -203.00 Mn
Jun 30, 2025 -203.00 Mn
Mar 31, 2025 58.00 Mn
Mar 31, 2025 58.00 Mn
Dec 31, 2024 37.00 Mn
Dec 31, 2024 37.00 Mn
Sep 30, 2024 181.00 Mn
Sep 30, 2024 181.00 Mn
Jun 30, 2024 706.00 Mn
Jun 30, 2024 706.00 Mn
Mar 31, 2024 219.00 Mn
Mar 31, 2024 219.00 Mn
Dec 31, 2023 -698.00 Mn
Dec 31, 2023 -698.00 Mn