Growth Metrics

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

Northrop Grumman's quarterly Change in Taxes came in at -$164.0 million in Q1 2026, down 382.76% year-on-year from $58.0 million in Q1 2025, and down 18.84% quarter-over-quarter from -$138.0 million in Q4 2025.

Northrop Grumman has reported Change in Taxes for 15 years, with the latest figure at -$164.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Taxes fell 382.76% year-over-year to -$164.0 million; the trailing twelve-month figure through Mar 2026 stood at -$781.0 million (down 179.53% YoY), and the FY2025 full-year result was -$559.0 million, down 148.91% from the prior year.
  • Change in Taxes for Q1 2026 stood at -$164.0 million, 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.
  • Year-over-year, Change in Taxes soared 342.61% in 2024 and sank 472.97% in 2025.
  • Tracing NOC's Change in Taxes over 5 years: stood at -$223.0 million in 2022, then slumped by 213.0% to -$698.0 million in 2023, then surged by 105.3% to $37.0 million in 2024, then slumped by 472.97% to -$138.0 million in 2025, then slipped 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 General Electric 316.77 Bn 306.03 Bn 9.11 Bn -
2 Rtx 238.61 Bn 233.51 Bn 9.08 Bn -
3 Boeing 172.59 Bn 151.68 Bn 2.55 Bn -16.00 Mn
4 Lockheed Martin 122.59 Bn 120.70 Bn 2.08 Bn 103.00 Mn
5 Howmet Aerospace 102.88 Bn 100.44 Bn 854.00 Mn 26.00 Mn
6 General Dynamics 92.64 Bn 88.99 Bn 9.09 Bn -
7 Rocket Lab 82.19 Bn 80.92 Bn 76.49 Mn -
8 Northrop Grumman 78.95 Bn 76.86 Bn 3.45 Bn -164.00 Mn
9 TransDigm 70.63 Bn 66.75 Bn 1.51 Bn -99.00 Mn
10 Cae 60.63 Bn 60.14 Bn -496.95 Mn -

Historic Data

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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
Sep 30, 2023 -245.00 Mn
Sep 30, 2023 -245.00 Mn
Jun 30, 2023 -291.00 Mn
Jun 30, 2023 -291.00 Mn
Mar 31, 2023 576.00 Mn
Mar 31, 2023 576.00 Mn
Dec 31, 2022 -223.00 Mn
Dec 31, 2022 -223.00 Mn
Sep 30, 2022 -142.00 Mn
Sep 30, 2022 -142.00 Mn
Jun 30, 2022 -275.00 Mn
Jun 30, 2022 -275.00 Mn
Mar 31, 2022 361.00 Mn
Mar 31, 2022 361.00 Mn
Dec 31, 2021 -448.00 Mn
Dec 31, 2021 -448.00 Mn
Sep 30, 2021 -218.00 Mn
Sep 30, 2021 -218.00 Mn
Jun 30, 2021 -147.00 Mn
Jun 30, 2021 -147.00 Mn
Mar 31, 2021 1.03 Bn
Mar 31, 2021 1.03 Bn
Dec 31, 2020 -349.00 Mn
Dec 31, 2020 -349.00 Mn
Sep 30, 2020 -219.00 Mn
Sep 30, 2020 -219.00 Mn
Jun 30, 2020 320.00 Mn
Jun 30, 2020 320.00 Mn
Mar 31, 2020 10.00 Mn
Mar 31, 2020 10.00 Mn
Dec 31, 2019 -29.00 Mn
Dec 31, 2019 -29.00 Mn
Sep 30, 2019 -228.00 Mn
Sep 30, 2019 -228.00 Mn
Jun 30, 2019 54.00 Mn
Jun 30, 2019 54.00 Mn
Mar 31, 2019 140.00 Mn
Mar 31, 2019 140.00 Mn
Dec 31, 2018 -144.00 Mn
Dec 31, 2018 -144.00 Mn
Sep 30, 2018 -300.00 Mn
Sep 30, 2018 -300.00 Mn
Jun 30, 2018 -11.00 Mn
Jun 30, 2018 -11.00 Mn
Mar 31, 2018 197.00 Mn
Mar 31, 2018 197.00 Mn
Dec 31, 2017 -99.00 Mn
Dec 31, 2017 -99.00 Mn
Sep 30, 2017 -148.00 Mn
Sep 30, 2017 -148.00 Mn
Jun 30, 2017 -62.00 Mn
Jun 30, 2017 -62.00 Mn
Mar 31, 2017 152.00 Mn
Mar 31, 2017 152.00 Mn
Dec 31, 2016 -70.00 Mn
Dec 31, 2016 -70.00 Mn
Sep 30, 2016 -7.00 Mn
Sep 30, 2016 -7.00 Mn
Jun 30, 2016 51.00 Mn
Jun 30, 2016 51.00 Mn
Mar 31, 2016 174.00 Mn
Mar 31, 2016 174.00 Mn
Dec 31, 2015 -268.00 Mn
Dec 31, 2015 -268.00 Mn
Sep 30, 2015 89.00 Mn
Sep 30, 2015 89.00 Mn
Jun 30, 2015 -52.00 Mn
Jun 30, 2015 -52.00 Mn
Mar 31, 2015 366.00 Mn
Mar 31, 2015 366.00 Mn
Dec 31, 2014 -117.00 Mn
Dec 31, 2014 -117.00 Mn
Sep 30, 2014 98.00 Mn
Sep 30, 2014 98.00 Mn
Jun 30, 2014 -176.00 Mn
Jun 30, 2014 -176.00 Mn
Mar 31, 2014 279.00 Mn
Mar 31, 2014 279.00 Mn
Dec 31, 2013 -90.00 Mn
Dec 31, 2013 -90.00 Mn
Sep 30, 2013 32.00 Mn
Sep 30, 2013 32.00 Mn
Jun 30, 2013 -149.00 Mn
Jun 30, 2013 -149.00 Mn
Mar 31, 2013 209.00 Mn
Mar 31, 2013 209.00 Mn
Sep 30, 2009 -110.00 Mn
Sep 30, 2009 -110.00 Mn