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
DateValue
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%