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

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

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

Northrop Grumman's Change in Taxes history runs 15 years deep, the most recent figure standing at -$164.0 million for 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 was -$164.0 million for Q1 2026 at Northrop Grumman, down from -$138.0 million in the prior quarter.
  • In the past five years, Change in Taxes ranged from a high of $706.0 million in Q2 2024 to a low of -$698.0 million in Q4 2023.
  • Historically, Change in Taxes has averaged -$30.4 million across 5 years, with a median of -$142.0 million in 2022.
  • The sharpest annual moves came in 2024 and 2025: Change in Taxes jumped 342.61% in 2024, then sank 472.97% in 2025.
  • A 5-year view of Change in Taxes shows it stood at -$223.0 million in 2022, then tumbled by 213.0% to -$698.0 million in 2023, then jumped by 105.3% to $37.0 million in 2024, then tumbled by 472.97% to -$138.0 million in 2025, then decreased by 18.84% to -$164.0 million in 2026.
  • The last three Change in Taxes figures came in at -$164.0 million (Q1 2026), -$138.0 million (Q4 2025), and -$276.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 -
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn -
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn -
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn -16.00 Mn
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn 103.00 Mn
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn 26.00 Mn
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn -
8 Embraer 95.73 Bn 93.11 Bn - -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn -164.00 Mn
10 TransDigm 74.20 Bn 70.32 Bn 1.51 Bn -99.00 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