Northrop Grumman (NOC) Tax Rate (2009 - 2026)
Northrop Grumman (NOC) posted quarterly Tax Rate of 6.34% for Q2 2026, down 1139.0% year-over-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.
- In Q2 2026, Tax Rate fell 1139.0% year-over-year to 6.34%; the TTM figure through Jun 2026 stood at 14.54% (down 230.0% YoY), while the FY2025 annual figure was 17.48%, up 70.0% from the prior year.
- Tax Rate for Q2 2026 stood at 6.34%, 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.
- The 5-year median for Tax Rate is 16.66% (2024), against an average of 16.76%.
- The sharpest annual moves came in 2023 and 2026: Tax Rate soared 1415 bps in 2023, then slumped 1139 bps in 2026.
- Northrop Grumman's Tax Rate stood at 15.17% in 2022, then jumped by 93 bps to 29.33% in 2023, then tumbled by 37 bps to 18.5% in 2024, then decreased by 3 bps to 17.99% in 2025, then tumbled by 65 bps to 6.34% in 2026.
- Business Quant data shows NOC's Tax Rate at 6.34% in Q2 2026, 15.05% in Q1 2026, and 17.99% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 363.67 Bn | 354.33 Bn | 6.95 Bn | 14.53% |
| 2 | Rtx | 284.86 Bn | 276.55 Bn | 9.91 Bn | 17.98% |
| 3 | Boeing | 168.84 Bn | 148.82 Bn | 2.41 Bn | -17.26% |
| 4 | Lockheed Martin | 130.75 Bn | 126.96 Bn | 2.45 Bn | 15.70% |
| 5 | Howmet Aerospace | 109.32 Bn | 108.76 Bn | 951.00 Mn | 17.72% |
| 6 | General Dynamics | 103.44 Bn | 99.11 Bn | 6.76 Bn | 17.56% |
| 7 | Northrop Grumman | 78.63 Bn | 76.32 Bn | 3.72 Bn | 6.34% |
| 8 | TransDigm | 68.64 Bn | 65.86 Bn | 1.63 Bn | 24.26% |
| 9 | Axon Enterprise | 50.84 Bn | 50.17 Bn | 546.45 Mn | 9.97% |
| 10 | L3Harris Technologies | 49.89 Bn | 48.37 Bn | 1.50 Bn | 15.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |