Northrop Grumman (NOC) Tax Provisions (2009 - 2026)
Northrop Grumman's Tax Provisions was $74 million in Q2 2026, down 70.8% from $253 million a year earlier and down 52.3% from the prior quarter.
Northrop Grumman (NOC) Tax Provisions (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Northrop Grumman's Tax Provisions was $765 million through Jun 30, 2026, down 4.3% year-over-year; for FY2025, it came in at $886 million, up 5.2% from FY2024.
- Tax Provisions shows a five-year compound annual growth rate of 10.5% (FY2020 to FY2025).
- In earlier years, Tax Provisions was $842 million in FY2024 (+190.3%), $290 million in FY2023 (-69.1%), $940 million in FY2022 (-51.4%) and $1.93 billion in FY2021 (+258.6%).
- The Q2 2026 figure marks the lowest quarterly Tax Provisions since Q4 2023.
- Compared with a year earlier, Tax Provisions was higher in four of the last seven quarters, with an average year-over-year change of 0.0%.
- The best year-over-year quarter for Tax Provisions over five years was Q1 2026 (growth of 59.8%); the worst was Q1 2022 (a decline of 77.0%).
- Per Business Quant data, NOC's Tax Provisions in the three quarters before Q2 2026 was $155 million (Q1 2026), $313 million (Q4 2025) and $223 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 324.09 Bn | 278.09 Bn | 4.68 Bn | 407.00 Mn |
| 2 | Rtx | 250.22 Bn | 223.44 Bn | 5.13 Bn | 493.00 Mn |
| 3 | Boeing | 147.08 Bn | 53.78 Bn | 2.41 Bn | 63.00 Mn |
| 4 | Lockheed Martin | 117.51 Bn | 104.24 Bn | 2.45 Bn | 342.00 Mn |
| 5 | Howmet Aerospace | 90.46 Bn | 86.07 Bn | 951.00 Mn | 115.00 Mn |
| 6 | General Dynamics | 89.77 Bn | 76.88 Bn | 2.18 Bn | 247.00 Mn |
| 7 | Motorola Solutions | 73.88 Bn | 70.24 Bn | 1.68 Bn | 184.00 Mn |
| 8 | Northrop Grumman | 68.68 Bn | 57.92 Bn | 2.12 Bn | 74.00 Mn |
| 9 | Honeywell International | 66.86 Bn | 19.30 Bn | 3.65 Bn | 1.58 Bn |
| 10 | TransDigm | 59.83 Bn | 47.91 Bn | 1.63 Bn | 173.00 Mn |
Historic 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 |
Northrop Grumman Tax Provisions 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=tax-provisions&ticker=NOC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=NOC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();