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| Date | Value |
|---|---|
| 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 |