Northrop Grumman NOC
NYSE NOC
$518.98 +0.03 (+0.01%)
As of: Sep 11, 2026 · 3:59 PM EDT

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

Northrop Grumman (NOC) posted Change in Taxes of $126.0 million for Q2 2026, up 176.83% on a QoQ basis from -$164.0 million in Q1 2026, and up 162.07% year-over-year from $48.1 million in Q2 2025.

Analysis

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

Northrop Grumman has reported Change in Taxes for 15 years, with the latest figure at $126.0 million in Q2 2026.

  • On a quarterly basis, Change in Taxes rose 162.07% year-over-year to $126.0 million in Q2 2026; TTM through Jun 2026 was -$452.0 million, a 719.18% decrease from a year earlier, with the FY2025 full-year figure at -$559.0 million, down 148.91% from the prior year.
  • Change in Taxes was $126.0 million for Q2 2026 at Northrop Grumman, up from -$164.0 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 -$21.7 million, with a median of -$140.0 million recorded in 2022.
  • The sharpest annual moves came in 2024 and 2025: Change in Taxes surged 342.61% in 2024, then plunged 472.97% in 2025.
  • Over 5 years, Change in Taxes 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 jumped by 191.3% to $126.0 million in 2026.
  • The last three Change in Taxes figures came in at $126.0 million (Q2 2026), -$164.0 million (Q1 2026), and -$138.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Lockheed Martin 120.70 Bn 116.91 Bn 2.45 Bn -60.00 Mn
2 General Dynamics 96.44 Bn 92.10 Bn 6.76 Bn -
3 Motorola Solutions 77.62 Bn 76.91 Bn 1.68 Bn -
4 Northrop Grumman 73.62 Bn 71.32 Bn 3.72 Bn 126.00 Mn
5 L3Harris Technologies 45.79 Bn 44.27 Bn 1.50 Bn 2.00 Mn
6 Elbit Systems 33.28 Bn 32.31 Bn 579.01 Mn -
7 Teledyne Technologies 27.95 Bn 27.61 Bn 738.10 Mn -
8 Curtiss Wright 20.74 Bn 20.27 Bn 364.09 Mn -
9 Leidos Holdings 16.26 Bn 15.51 Bn 817.00 Mn 90.00 Mn
10 Caci International 13.71 Bn 13.52 Bn 913.55 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 126.00 Mn
Mar 31, 2026 -164.00 Mn
Dec 31, 2025 -138.00 Mn
Sep 30, 2025 -276.00 Mn
Jun 30, 2025 -203.00 Mn
Mar 31, 2025 58.00 Mn
Dec 31, 2024 37.00 Mn
Sep 30, 2024 181.00 Mn
Jun 30, 2024 706.00 Mn
Mar 31, 2024 219.00 Mn
Dec 31, 2023 -698.00 Mn
Sep 30, 2023 -245.00 Mn
Jun 30, 2023 -291.00 Mn
Mar 31, 2023 576.00 Mn
Dec 31, 2022 -223.00 Mn
Sep 30, 2022 -142.00 Mn
Jun 30, 2022 -275.00 Mn
Mar 31, 2022 361.00 Mn
Dec 31, 2021 -448.00 Mn
Sep 30, 2021 -218.00 Mn