Northrop Grumman (NOC) Tax Rate (2009 - 2026)
Northrop Grumman's quarterly Tax Rate came in at 15.05% in Q1 2026, down 173.0% year-on-year from 20.61% in Q1 2025, and down 16.34% quarter-over-quarter from 17.99% in Q4 2025.
Northrop Grumman has reported Tax Rate for 18 years, with the latest figure at 15.05% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 173.0% year-over-year to 15.05%; the trailing twelve-month figure through Mar 2026 stood at 17.1% (up 25.0% YoY), and the FY2025 full-year result was 17.48%, up 70.0% from the prior year.
- Tax Rate for Q1 2026 stood at 15.05%, 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.
- Year-over-year, Tax Rate soared 1415 bps in 2023 and plunged 1082 bps in 2024.
- Tracing NOC's Tax Rate over 5 years: 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 declined 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 | General Electric | 316.77 Bn | 306.03 Bn | 9.11 Bn | 11.46 |
| 2 | Rtx | 238.61 Bn | 233.51 Bn | 9.08 Bn | 14.40 |
| 3 | Boeing | 172.59 Bn | 151.68 Bn | 2.55 Bn | 126.92 |
| 4 | Lockheed Martin | 122.59 Bn | 120.70 Bn | 2.08 Bn | 16.12 |
| 5 | Howmet Aerospace | 102.88 Bn | 100.44 Bn | 854.00 Mn | 18.08 |
| 6 | General Dynamics | 92.64 Bn | 88.99 Bn | 9.09 Bn | 17.82 |
| 7 | Rocket Lab | 82.19 Bn | 80.92 Bn | 76.49 Mn | 3.83 |
| 8 | Northrop Grumman | 78.95 Bn | 76.86 Bn | 3.45 Bn | 15.05 |
| 9 | TransDigm | 70.63 Bn | 66.75 Bn | 1.51 Bn | 23.43 |
| 10 | Cae | 60.63 Bn | 60.14 Bn | -496.95 Mn | 21.62 |
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 |
| Sep 30, 2023 | 16.19 |
| Sep 30, 2023 | 16.19 |
| Jun 30, 2023 | 17.73 |
| Jun 30, 2023 | 17.73 |
| Mar 31, 2023 | 15.63 |
| Mar 31, 2023 | 15.63 |
| Dec 31, 2022 | 15.17 |
| Dec 31, 2022 | 15.17 |
| Sep 30, 2022 | 16.06 |
| Sep 30, 2022 | 16.06 |
| Jun 30, 2022 | 17.74 |
| Jun 30, 2022 | 17.74 |
| Mar 31, 2022 | 16.52 |
| Mar 31, 2022 | 16.52 |
| Dec 31, 2021 | 18.98 |
| Dec 31, 2021 | 18.98 |
| Sep 30, 2021 | 16.63 |
| Sep 30, 2021 | 16.63 |
| Jun 30, 2021 | 20.35 |
| Jun 30, 2021 | 20.35 |
| Mar 31, 2021 | 27.22 |
| Mar 31, 2021 | 27.22 |
| Dec 31, 2020 | -8.20 |
| Dec 31, 2020 | -8.20 |
| Sep 30, 2020 | 15.51 |
| Sep 30, 2020 | 15.51 |
| Jun 30, 2020 | 16.46 |
| Jun 30, 2020 | 16.46 |
| Mar 31, 2020 | 17.57 |
| Mar 31, 2020 | 17.57 |
| Dec 31, 2019 | 28.12 |
| Dec 31, 2019 | 28.12 |
| Sep 30, 2019 | 11.56 |
| Sep 30, 2019 | 11.56 |
| Jun 30, 2019 | 16.25 |
| Jun 30, 2019 | 16.25 |
| Mar 31, 2019 | 16.54 |
| Mar 31, 2019 | 16.54 |
| Dec 31, 2018 | 11.66 |
| Dec 31, 2018 | 11.66 |
| Sep 30, 2018 | 8.80 |
| Sep 30, 2018 | 8.80 |
| Jun 30, 2018 | 19.16 |
| Jun 30, 2018 | 19.16 |
| Mar 31, 2018 | 15.92 |
| Mar 31, 2018 | 15.92 |
| Dec 31, 2017 | 44.72 |
| Dec 31, 2017 | 44.72 |
| Sep 30, 2017 | 17.77 |
| Sep 30, 2017 | 17.77 |
| Jun 30, 2017 | 31.65 |
| Jun 30, 2017 | 31.65 |
| Mar 31, 2017 | 17.51 |
| Mar 31, 2017 | 17.51 |
| Dec 31, 2016 | 27.27 |
| Dec 31, 2016 | 27.27 |
| Sep 30, 2016 | 21.72 |
| Sep 30, 2016 | 21.72 |
| Jun 30, 2016 | 29.18 |
| Jun 30, 2016 | 29.18 |
| Mar 31, 2016 | 17.75 |
| Mar 31, 2016 | 17.75 |
| Dec 31, 2015 | 26.09 |
| Dec 31, 2015 | 26.09 |
| Sep 30, 2015 | 29.22 |
| Sep 30, 2015 | 29.22 |
| Jun 30, 2015 | 27.85 |
| Jun 30, 2015 | 27.85 |
| Mar 31, 2015 | 31.25 |
| Mar 31, 2015 | 31.25 |
| Dec 31, 2014 | 27.82 |
| Dec 31, 2014 | 27.82 |
| Sep 30, 2014 | 31.84 |
| Sep 30, 2014 | 31.84 |
| Jun 30, 2014 | 32.41 |
| Jun 30, 2014 | 32.41 |
| Mar 31, 2014 | 26.34 |
| Mar 31, 2014 | 26.34 |
| Dec 31, 2013 | 32.39 |
| Dec 31, 2013 | 32.39 |
| Sep 30, 2013 | 30.97 |
| Sep 30, 2013 | 30.97 |
| Jun 30, 2013 | 32.60 |
| Jun 30, 2013 | 32.60 |
| Mar 31, 2013 | 31.32 |
| Mar 31, 2013 | 31.32 |
| Dec 31, 2012 | 32.27 |
| Dec 31, 2012 | 32.27 |
| Sep 30, 2012 | 33.96 |
| Sep 30, 2012 | 33.96 |
| Jun 30, 2012 | 33.98 |
| Jun 30, 2012 | 33.98 |
| Mar 31, 2012 | 33.07 |
| Mar 31, 2012 | 33.07 |
| Dec 31, 2011 | 29.67 |
| Dec 31, 2011 | 29.67 |
| Sep 30, 2011 | 31.13 |
| Sep 30, 2011 | 31.13 |
| Jun 30, 2011 | 34.01 |
| Jun 30, 2011 | 34.01 |
| Mar 31, 2011 | 34.56 |
| Mar 31, 2011 | 34.56 |
| Dec 31, 2010 | 25.37 |
| Dec 31, 2010 | 25.37 |
| Sep 30, 2010 | 33.33 |
| Sep 30, 2010 | 33.33 |
| Jun 30, 2010 | -9.63 |
| Jun 30, 2010 | -9.63 |
| Mar 31, 2010 | 32.68 |
| Mar 31, 2010 | 32.68 |
| Dec 31, 2009 | 37.07 |
| Dec 31, 2009 | 37.07 |
| Sep 30, 2009 | 20.55 |
| Sep 30, 2009 | 20.55 |
| Jun 30, 2009 | 33.93 |
| Jun 30, 2009 | 33.93 |
| Mar 31, 2009 | 33.94 |
| Mar 31, 2009 | 33.94 |