Northrop Grumman (NOC) Tax Rate (2009 - 2026)
Northrop Grumman (NOC) posted quarterly Tax Rate of 15.05% for Q1 2026, down 173.0% year-over-year from 20.61% in Q1 2025, and down 16.34% on a QoQ basis from 17.99% in Q4 2025.
Northrop Grumman (NOC) Tax Rate (2009 - 2026) Analysis & Trends
Northrop Grumman (NOC) has reported Tax Rate for 18 consecutive years, with 15.05% the latest figure, recorded in 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 came in at 15.05% for Q1 2026 at Northrop Grumman, down from 17.99% in the prior quarter.
- The five-year high for Tax Rate was 29.33% in Q4 2023, with the low at 13.64% in Q3 2024.
- Average Tax Rate over 5 years is 17.38%, with a median of 16.78% recorded in 2025.
- Across the five-year window, Tax Rate jumped 1415 bps in 2023 and sank 1082 bps in 2024, 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 sank by 37 bps to 18.5% in 2024, then fell by 3 bps to 17.99% in 2025, then retreated by 16 bps to 15.05% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 15.05%, 17.99%, and 16.86% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 126.92% |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 14.40% |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 17.82% |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | 16.12% |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 18.08% |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 23.43% |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | 15.05% |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | 3.83% |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | 13.07% |
| 10 | Heico | 50.20 Bn | 50.07 Bn | 569.53 Mn | 21.16% |
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% |