Northrop Grumman (NOC) Tax Rate (2009 - 2026)
Northrop Grumman (NOC) reported Tax Rate of 13.41% for Q3 2026, down 3.45 percentage points from 16.86% a year earlier but up 7.07 percentage points from the prior quarter.
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Analysis
Northrop Grumman (NOC) Tax Rate (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Northrop Grumman's Tax Rate came in at 13.67%, down 3.95 percentage points year-over-year; for FY2025, it came in at 17.48%, up 0.70 percentage points from FY2024.
- Tax Rate has a five-year change of +3.02 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 16.79% in FY2024 (+4.42 pp), 12.36% in FY2023 (-3.75 pp), 16.11% in FY2022 (-5.52 pp) and 21.63% in FY2021 (+7.17 pp).
- Five-year quarterly Tax Rate spans a low of 6.34% in Q2 2026 and a high of 18.98% in Q4 2021.
- Year over year, Tax Rate has now declined in each of the last four quarters, with an average year-over-year change of -1.98 percentage points over the last seven quarters.
- The high point for year-over-year Tax Rate in five years was Q3 2025 (a gain of 3.22 percentage points); the low point was Q2 2026 (a drop of 11.39 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 6.34% (Q2 2026), 15.05% (Q1 2026) and 17.99% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 303.54 Bn | 262.06 Bn | 5.02 Bn | 13.73% |
| 2 | Rtx | 262.72 Bn | 230.99 Bn | 5.81 Bn | 17.96% |
| 3 | Boeing | 148.13 Bn | 54.82 Bn | 2.41 Bn | - |
| 4 | Lockheed Martin | 135.78 Bn | 122.50 Bn | 2.45 Bn | 15.70% |
| 5 | General Dynamics | 94.57 Bn | 81.69 Bn | 2.18 Bn | 17.56% |
| 6 | Motorola Solutions | 79.37 Bn | 75.71 Bn | 1.68 Bn | 24.80% |
| 7 | Northrop Grumman | 78.67 Bn | 66.13 Bn | 2.35 Bn | 13.41% |
| 8 | Howmet Aerospace | 77.61 Bn | 73.21 Bn | 951.00 Mn | 17.72% |
| 9 | Honeywell International | 69.07 Bn | 21.20 Bn | 3.65 Bn | 20.96% |
| 10 | TransDigm | 65.46 Bn | 53.46 Bn | 1.63 Bn | 24.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 13.41% |
| 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% |
| 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% |
API Access
Northrop Grumman Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=NOC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "NOC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=NOC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();