Northrop Grumman (NOC) Tax Rate (2009 - 2026)

Northrop Grumman's (NOC) quarterly Tax Rate came in at 6.34% in Q2 2026, down 1139.0% year-on-year from 0.61% in Q2 2025, and down 57.9% quarter-over-quarter from 15.05% in Q1 2026.

Northrop Grumman (NOC) Tax Rate (2009 - 2026) Analysis & Trends

Northrop Grumman's Tax Rate history runs 18 years deep, the most recent figure standing at 6.34% for Q2 2026.

  • On a quarterly basis, Tax Rate fell 1139.0% year-over-year to 6.34% in Q2 2026; TTM through Jun 2026 was 14.54%, a 230.0% decrease from a year earlier, with the FY2025 full-year figure at 17.48%, up 70.0% from the prior year.
  • Tax Rate slipped to 6.34% in Q2 2026 per NOC's latest filing, from 15.05% in the prior quarter.
  • Across five years, Tax Rate topped out at 29.33% in Q4 2023 and bottomed at 6.34% in Q2 2026.
  • The 5-year median for Tax Rate is 16.66% (2024), against an average of 16.76%.
  • Across the five-year window, Tax Rate soared 1415 bps in 2023 and tumbled 1139 bps in 2026, its largest moves.
  • Year by year, Tax Rate stood at 15.17% in 2022, then surged by 93 bps to 29.33% in 2023, then slumped by 37 bps to 18.5% in 2024, then slipped by 3 bps to 17.99% in 2025, then slumped by 65 bps to 6.34% in 2026.
  • Per Business Quant, the three latest NOC Tax Rate figures stand at 6.34% (Q2 2026), 15.05% (Q1 2026), and 17.99% (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 General Electric 370.01 Bn 360.67 Bn -3.10 Bn 14.53%
2 Rtx 289.51 Bn 281.20 Bn 9.91 Bn 17.98%
3 Boeing 175.23 Bn 155.21 Bn 2.41 Bn -17.26%
4 Lockheed Martin 131.81 Bn 128.02 Bn 2.45 Bn 15.70%
5 Howmet Aerospace 111.46 Bn 109.03 Bn 854.00 Mn 18.08%
6 General Dynamics 103.47 Bn 99.14 Bn 6.76 Bn 17.56%
7 Northrop Grumman 75.90 Bn 73.59 Bn 3.72 Bn 6.34%
8 TransDigm 72.86 Bn 68.97 Bn 1.51 Bn 23.43%
9 L3Harris Technologies 50.70 Bn 50.11 Bn 1.40 Bn 13.07%
10 Embraer 49.85 Bn 47.89 Bn - -

Historic Data

Download Data
DateValue
Jun 30, 2026 6.34%
Jun 30, 2026 6.34%
Jun 30, 2026 6.34%
Mar 31, 2026 15.05%
Mar 31, 2026 15.05%
Mar 31, 2026 15.05%
Dec 31, 2025 17.99%
Dec 31, 2025 17.99%
Dec 31, 2025 17.99%
Sep 30, 2025 16.86%
Sep 30, 2025 16.86%
Sep 30, 2025 16.86%
Jun 30, 2025 17.73%
Jun 30, 2025 17.73%
Jun 30, 2025 17.73%
Mar 31, 2025 16.78%
Mar 31, 2025 16.78%
Mar 31, 2025 16.78%
Dec 31, 2024 18.50%
Dec 31, 2024 18.50%