Northrop Grumman (NOC) Tax Rate (2009 - 2026)
Northrop Grumman (NOC) posted Tax Rate of 6.34% for Q2 2026, down 57.9% on a QoQ basis from 15.05% in Q1 2026, and down 1139.0% year-over-year from 0.61% in Q2 2025.
Analysis
Northrop Grumman (NOC) Tax Rate (2009 - 2026) Analysis & Trends
Northrop Grumman has reported Tax Rate for 18 years, with the latest figure at 6.34% in 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 was 6.34% for Q2 2026 at Northrop Grumman, down from 15.05% in the prior quarter.
- The five-year high for Tax Rate was 29.33% in Q4 2023, with the low at 6.34% in Q2 2026.
- Average Tax Rate over 5 years is 16.76%, with a median of 16.66% recorded in 2024.
- The sharpest annual moves came in 2023 and 2026: Tax Rate surged 1415 bps in 2023, then slumped 1139 bps in 2026.
- Over 5 years, Tax Rate stood at 15.17% in 2022, then soared by 93 bps to 29.33% in 2023, then tumbled by 37 bps to 18.5% in 2024, then dropped by 3 bps to 17.99% in 2025, then tumbled by 65 bps to 6.34% in 2026.
- The last three Tax Rate figures came in at 6.34% (Q2 2026), 15.05% (Q1 2026), and 17.99% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 120.70 Bn | 116.91 Bn | 2.45 Bn | 15.70% |
| 2 | General Dynamics | 96.44 Bn | 92.10 Bn | 6.76 Bn | 17.56% |
| 3 | Motorola Solutions | 77.62 Bn | 76.91 Bn | 1.68 Bn | 24.80% |
| 4 | Northrop Grumman | 73.62 Bn | 71.32 Bn | 3.72 Bn | 6.34% |
| 5 | L3Harris Technologies | 45.79 Bn | 44.27 Bn | 1.50 Bn | 15.49% |
| 6 | Elbit Systems | 33.28 Bn | 32.31 Bn | 579.01 Mn | -16.44% |
| 7 | Teledyne Technologies | 27.95 Bn | 27.61 Bn | 738.10 Mn | 21.66% |
| 8 | Curtiss Wright | 20.74 Bn | 20.27 Bn | 364.09 Mn | 22.20% |
| 9 | Leidos Holdings | 16.26 Bn | 15.51 Bn | 817.00 Mn | 21.06% |
| 10 | Caci International | 13.71 Bn | 13.52 Bn | 913.55 Mn | 21.68% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.34% |
| Mar 31, 2026 | 15.05% |
| Dec 31, 2025 | 17.99% |
| Sep 30, 2025 | 16.86% |
| Jun 30, 2025 | 17.73% |
| Mar 31, 2025 | 16.78% |
| Dec 31, 2024 | 18.50% |
| Sep 30, 2024 | 13.64% |
| Jun 30, 2024 | 17.98% |
| Mar 31, 2024 | 16.53% |
| Dec 31, 2023 | 29.33% |
| Sep 30, 2023 | 16.19% |
| Jun 30, 2023 | 17.73% |
| Mar 31, 2023 | 15.63% |
| Dec 31, 2022 | 15.17% |
| Sep 30, 2022 | 16.06% |
| Jun 30, 2022 | 17.74% |
| Mar 31, 2022 | 16.52% |
| Dec 31, 2021 | 18.98% |
| Sep 30, 2021 | 16.63% |