Northrop Grumman (NOC) Tax Provisions (2009 - 2026)
Northrop Grumman (NOC) posted quarterly Tax Provisions of $155.0 million for Q1 2026, up 59.79% year-over-year from $97.0 million in Q1 2025, and down 50.48% on a QoQ basis from $313.0 million in Q4 2025.
Northrop Grumman (NOC) Tax Provisions (2009 - 2026) Analysis & Trends
Northrop Grumman (NOC) has reported Tax Provisions for 18 consecutive years, with $155.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions rose 59.79% year-over-year to $155.0 million; the TTM figure through Mar 2026 stood at $944.0 million (up 25.53% YoY), while the FY2025 annual figure was $886.0 million, up 5.23% from the prior year.
- Tax Provisions came in at $155.0 million for Q1 2026 at Northrop Grumman, down from $313.0 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.
- Average Tax Provisions over 5 years is $183.1 million, with a median of $187.0 million recorded in 2024.
- Across the five-year window, Tax Provisions slumped 159.68% in 2023 and jumped 229.28% in 2024, its largest moves.
- Year by year, Tax Provisions stood at $372.0 million in 2022, then plunged by 159.68% to -$222.0 million in 2023, then surged by 229.28% to $287.0 million in 2024, then advanced by 9.06% to $313.0 million in 2025, then tumbled by 50.48% to $155.0 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $155.0 million, $313.0 million, and $223.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 33.00 Mn |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 363.00 Mn |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 244.00 Mn |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | 286.00 Mn |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 128.00 Mn |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 164.00 Mn |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | 155.00 Mn |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | -1.79 Mn |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | 77.00 Mn |
| 10 | Heico | 50.20 Bn | 50.07 Bn | 569.53 Mn | 67.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 265.00 Mn |