Northrop Grumman NOC
NYSE NOC
$518.98 +0.03 (+0.01%)
As of: Sep 11, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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%