Northrop Grumman (NOC) Long-Term Deferred Tax (2009 - 2026)
Northrop Grumman (NOC) posted Long-Term Deferred Tax of $598.0 million for Q2 2026, down 19.52% on a QoQ basis from $743.0 million in Q1 2026, and down 65.09% year-over-year from $1.7 billion in Q2 2025.
Analysis
Northrop Grumman (NOC) Long-Term Deferred Tax (2009 - 2026) Analysis & Trends
Northrop Grumman has reported Long-Term Deferred Tax for 18 years, with the latest figure at $598.0 million in 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 was $598.0 million for Q2 2026 at Northrop Grumman, down from $743.0 million in the prior quarter.
- The five-year high for Long-Term Deferred Tax was $1.7 billion in Q2 2025, with the low at $162.0 million in Q4 2022.
- Average Long-Term Deferred Tax over 5 years is $847.9 million, with a median of $881.5 million recorded in 2023.
- The sharpest annual moves came in 2023 and 2026: Long-Term Deferred Tax jumped 529.63% in 2023, then tumbled 65.09% in 2026.
- Over 5 years, Long-Term Deferred Tax stood at $162.0 million in 2022, then surged by 529.63% to $1.0 billion in 2023, then soared by 56.76% to $1.6 billion in 2024, then slumped by 34.27% to $1.1 billion in 2025, then sank by 43.1% to $598.0 million in 2026.
- The last three Long-Term Deferred Tax figures came in at $598.0 million (Q2 2026), $743.0 million (Q1 2026), and $1.1 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Lockheed Martin | 122.01 Bn | 118.22 Bn | 2.45 Bn |
| 2 | General Dynamics | 95.71 Bn | 91.37 Bn | 6.76 Bn |
| 3 | Motorola Solutions | 76.80 Bn | 76.09 Bn | 1.68 Bn |
| 4 | Northrop Grumman | 73.72 Bn | 71.41 Bn | 3.72 Bn |
| 5 | L3Harris Technologies | 46.24 Bn | 44.72 Bn | 1.50 Bn |
| 6 | Elbit Systems | 33.11 Bn | 32.15 Bn | 579.01 Mn |
| 7 | Teledyne Technologies | 27.62 Bn | 27.28 Bn | 738.10 Mn |
| 8 | Curtiss Wright | 20.67 Bn | 20.19 Bn | 364.09 Mn |
| 9 | Leidos Holdings | 16.32 Bn | 15.57 Bn | 817.00 Mn |
| 10 | Caci International | 13.78 Bn | 13.59 Bn | 913.55 Mn |
Historic Data
Download Data
Historic 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 |