Northrop Grumman (NOC) Long-Term Deferred Tax (2009 - 2026)
Northrop Grumman (NOC) reported Long-Term Deferred Tax of $598 million for Q2 2026, down 65.1% from $1.71 billion a year earlier and down 19.5% from the prior quarter.
Northrop Grumman (NOC) Long-Term Deferred Tax (2009 - 2026) Analysis & Trends
At the end of FY2025, Northrop Grumman posted Long-Term Deferred Tax of $1.05 billion, down 34.3% from FY2024.
- Long-Term Deferred Tax has a five-year compound annual growth rate of 27.6% (FY2020 to FY2025).
- By year, Long-Term Deferred Tax came in at $1.6 billion in FY2024 (+56.8%), $1.02 billion in FY2023 (+529.6%), $162 million in FY2022 (-19.0%) and $200 million in FY2021 (-35.7%).
- The Q2 2026 figure ranks as the lowest quarterly Long-Term Deferred Tax since Q3 2023.
- Year over year, Long-Term Deferred Tax has now declined in each of the last four quarters, with growth averaging 37.6% over the last eight quarters.
- The high point for year-over-year Long-Term Deferred Tax in five years was Q4 2023 (growth of 529.6%); the low point was Q2 2026 (a decline of 65.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $743 million (Q1 2026), $1.05 billion (Q4 2025) and $1.26 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | General Electric | 324.09 Bn | 278.09 Bn | 4.68 Bn |
| 2 | Rtx | 250.22 Bn | 223.44 Bn | 5.13 Bn |
| 3 | Boeing | 147.08 Bn | 53.78 Bn | 2.41 Bn |
| 4 | Lockheed Martin | 117.51 Bn | 104.24 Bn | 2.45 Bn |
| 5 | Howmet Aerospace | 90.46 Bn | 86.07 Bn | 951.00 Mn |
| 6 | General Dynamics | 89.77 Bn | 76.88 Bn | 2.18 Bn |
| 7 | Motorola Solutions | 73.88 Bn | 70.24 Bn | 1.68 Bn |
| 8 | Northrop Grumman | 68.68 Bn | 57.92 Bn | 2.12 Bn |
| 9 | Honeywell International | 66.86 Bn | 19.30 Bn | 3.65 Bn |
| 10 | TransDigm | 59.83 Bn | 47.91 Bn | 1.63 Bn |
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 |
Northrop Grumman Long-Term Deferred Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=NOC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "ticker": "NOC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=NOC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();