Northrop Grumman (NOC) Tax Provisions (2009 - 2026)
Northrop Grumman (NOC) posted quarterly Tax Provisions of $74.0 million for Q2 2026, down 70.75% year-over-year from $253.0 million in Q2 2025, and down 52.26% quarter-over-quarter from $155.0 million in Q1 2026.
Northrop Grumman (NOC) Tax Provisions (2009 - 2026) Analysis & Trends
Northrop Grumman's Tax Provisions history runs 18 years deep, the most recent figure standing at $74.0 million for Q2 2026.
- In Q2 2026, Tax Provisions fell 70.75% year-over-year to $74.0 million; the TTM figure through Jun 2026 stood at $765.0 million (down 4.26% YoY), while the FY2025 annual figure was $886.0 million, up 5.23% from the prior year.
- Tax Provisions for Q2 2026 stood at $74.0 million, down from $155.0 million in the prior quarter.
- The five-year high for Tax Provisions was $372.0 million in Q4 2022, with the low at -$222.0 million in Q4 2023.
- The 5-year median for Tax Provisions is $184.0 million (2023), against an average of $177.1 million.
- The sharpest annual moves came in 2023 and 2024: Tax Provisions plunged 159.68% in 2023, then soared 229.28% in 2024.
- Northrop Grumman's Tax Provisions stood at $372.0 million in 2022, then slumped by 159.68% to -$222.0 million in 2023, then jumped by 229.28% to $287.0 million in 2024, then grew by 9.06% to $313.0 million in 2025, then tumbled by 76.36% to $74.0 million in 2026.
- Business Quant data shows NOC's Tax Provisions at $74.0 million in Q2 2026, $155.0 million in Q1 2026, and $313.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | 407.00 Mn |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | 493.00 Mn |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | 63.00 Mn |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | 342.00 Mn |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | 115.00 Mn |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | 247.00 Mn |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | 74.00 Mn |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | 173.00 Mn |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | 110.00 Mn |
| 10 | Axon Enterprise | 49.43 Bn | 48.76 Bn | 546.45 Mn | 3.26 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 74.00 Mn |
| Mar 31, 2026 | 155.00 Mn |
| Dec 31, 2025 | 313.00 Mn |
| Sep 30, 2025 | 223.00 Mn |
| Jun 30, 2025 | 253.00 Mn |
| Mar 31, 2025 | 97.00 Mn |
| Dec 31, 2024 | 287.00 Mn |
| Sep 30, 2024 | 162.00 Mn |
| Jun 30, 2024 | 206.00 Mn |
| Mar 31, 2024 | 187.00 Mn |
| Dec 31, 2023 | -222.00 Mn |
| Sep 30, 2023 | 181.00 Mn |
| Jun 30, 2023 | 175.00 Mn |
| Mar 31, 2023 | 156.00 Mn |
| Dec 31, 2022 | 372.00 Mn |
| Sep 30, 2022 | 175.00 Mn |
| Jun 30, 2022 | 204.00 Mn |
| Mar 31, 2022 | 189.00 Mn |
| Dec 31, 2021 | 635.00 Mn |
| Sep 30, 2021 | 212.00 Mn |