Northrop Grumman (NOC) Tax Rate (2009 - 2026)
Northrop Grumman (NOC) recorded quarterly Tax Rate of 15.05% in Q1 2026, down 16.34% quarter-over-quarter from 17.99% in Q4 2025, and down 173.0% on a YoY basis from 20.61% in Q1 2025.
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 15.05% for Q1 2026.
- In Q1 2026, Tax Rate fell 173.0% year-over-year to 15.05%; the TTM figure through Mar 2026 stood at 17.1% (up 25.0% YoY), while the FY2025 annual figure was 17.48%, up 70.0% from the prior year.
- Tax Rate was 15.05% for Q1 2026 at Northrop Grumman, down from 17.99% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 29.33% in Q4 2023 to a low of 13.64% in Q3 2024.
- Historically, Tax Rate has averaged 17.38% across 5 years, with a median of 16.78% in 2025.
- The sharpest annual moves came in 2023 and 2024: Tax Rate jumped 1415 bps in 2023, then plunged 1082 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 15.17% in 2022, then surged by 93 bps to 29.33% in 2023, then plunged by 37 bps to 18.5% in 2024, then slipped by 3 bps to 17.99% in 2025, then dropped by 16 bps to 15.05% in 2026.
- The last three Tax Rate figures came in at 15.05% (Q1 2026), 17.99% (Q4 2025), and 16.86% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | DEFSEC Technologies | 5,720.56 Bn | 5,720.56 Bn | 456,459.43 | - |
| 2 | General Electric | 359.38 Bn | 348.64 Bn | 9.11 Bn | 11.46% |
| 3 | Rtx | 248.80 Bn | 243.70 Bn | 9.08 Bn | 14.40% |
| 4 | Boeing | 180.64 Bn | 159.74 Bn | 2.55 Bn | 126.92% |
| 5 | Lockheed Martin | 121.64 Bn | 119.74 Bn | 2.08 Bn | 16.12% |
| 6 | Howmet Aerospace | 108.46 Bn | 106.03 Bn | 854.00 Mn | 18.08% |
| 7 | General Dynamics | 96.96 Bn | 93.31 Bn | 9.09 Bn | 17.82% |
| 8 | Embraer | 95.73 Bn | 93.11 Bn | - | - |
| 9 | Northrop Grumman | 77.30 Bn | 75.21 Bn | 3.45 Bn | 15.05% |
| 10 | TransDigm | 74.20 Bn | 70.32 Bn | 1.51 Bn | 23.43% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.05% |
| Mar 31, 2026 | 15.05% |
| Dec 31, 2025 | 17.99% |
| Dec 31, 2025 | 17.99% |
| Sep 30, 2025 | 16.86% |
| Sep 30, 2025 | 16.86% |
| Jun 30, 2025 | 17.73% |
| Jun 30, 2025 | 17.73% |
| Mar 31, 2025 | 16.78% |
| Mar 31, 2025 | 16.78% |
| Dec 31, 2024 | 18.50% |
| Dec 31, 2024 | 18.50% |
| Sep 30, 2024 | 13.64% |
| Sep 30, 2024 | 13.64% |
| Jun 30, 2024 | 17.98% |
| Jun 30, 2024 | 17.98% |
| Mar 31, 2024 | 16.53% |
| Mar 31, 2024 | 16.53% |
| Dec 31, 2023 | 29.33% |
| Dec 31, 2023 | 29.33% |