Northrop Grumman (NOC) Long-Term Deferred Tax (2009 - 2026)
Northrop Grumman's (NOC) quarterly Long-Term Deferred Tax came in at $598.0 million in Q2 2026, down 65.09% year-on-year from $1.7 billion in Q2 2025, and down 19.52% quarter-over-quarter from $743.0 million in Q1 2026.
Northrop Grumman (NOC) Long-Term Deferred Tax (2009 - 2026) Analysis & Trends
Northrop Grumman's Long-Term Deferred Tax history runs 18 years deep, the most recent figure standing at $598.0 million for Q2 2026.
- On a quarterly basis, Long-Term Deferred Tax fell 65.09% year-over-year to $598.0 million in Q2 2026; TTM through Jun 2026 was $598.0 million, a 65.09% decrease from a year earlier, with the FY2025 full-year figure at $1.1 billion, down 34.27% from the prior year.
- Long-Term Deferred Tax fell to $598.0 million in Q2 2026 per NOC's latest filing, from $743.0 million in the prior quarter.
- Across five years, Long-Term Deferred Tax topped out at $1.7 billion in Q2 2025 and bottomed at $162.0 million in Q4 2022.
- The 5-year median for Long-Term Deferred Tax is $881.5 million (2023), against an average of $847.9 million.
- Across the five-year window, Long-Term Deferred Tax surged 529.63% in 2023 and plunged 65.09% in 2026, its largest moves.
- Year by year, Long-Term Deferred Tax stood at $162.0 million in 2022, then jumped by 529.63% to $1.0 billion in 2023, then surged by 56.76% to $1.6 billion in 2024, then sank by 34.27% to $1.1 billion in 2025, then plunged by 43.1% to $598.0 million in 2026.
- Per Business Quant, the three latest NOC Long-Term Deferred Tax figures stand at $598.0 million (Q2 2026), $743.0 million (Q1 2026), and $1.1 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | General Electric | 376.06 Bn | 366.71 Bn | -3.10 Bn |
| 2 | Rtx | 290.71 Bn | 282.41 Bn | 9.91 Bn |
| 3 | Boeing | 170.38 Bn | 150.36 Bn | 2.41 Bn |
| 4 | Lockheed Martin | 133.55 Bn | 129.76 Bn | 2.45 Bn |
| 5 | Howmet Aerospace | 114.08 Bn | 111.65 Bn | 854.00 Mn |
| 6 | General Dynamics | 103.42 Bn | 99.09 Bn | 6.76 Bn |
| 7 | Northrop Grumman | 77.20 Bn | 74.89 Bn | 3.72 Bn |
| 8 | TransDigm | 73.58 Bn | 69.70 Bn | 1.51 Bn |
| 9 | L3Harris Technologies | 51.83 Bn | 51.24 Bn | 1.40 Bn |
| 10 | Embraer | 50.14 Bn | 48.18 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 598.00 Mn |
| Mar 31, 2026 | 743.00 Mn |
| Dec 31, 2025 | 1.05 Bn |
| Sep 30, 2025 | 1.26 Bn |
| Jun 30, 2025 | 1.71 Bn |
| Mar 31, 2025 | 1.63 Bn |
| Dec 31, 2024 | 1.60 Bn |
| Sep 30, 2024 | 1.41 Bn |
| Jun 30, 2024 | 1.25 Bn |
| Mar 31, 2024 | 1.12 Bn |
| Dec 31, 2023 | 1.02 Bn |
| Sep 30, 2023 | 330.00 Mn |
| Jun 30, 2023 | 452.00 Mn |
| Mar 31, 2023 | 234.00 Mn |
| Dec 31, 2022 | 162.00 Mn |
| Sep 30, 2022 | 233.00 Mn |
| Jun 30, 2022 | 239.00 Mn |
| Mar 31, 2022 | 220.00 Mn |
| Dec 31, 2021 | 200.00 Mn |
| Sep 30, 2021 | 418.00 Mn |