Northrop Grumman (NOC) Tax Rate (2009 - 2026)

Northrop Grumman (NOC) recorded quarterly Tax Rate of 15.05% in Q1 2026, down 16.34% quarter-over-quarter from 17.99% in Q4 2025, and down 173.0% on a YoY basis from 20.61% in Q1 2025.

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 15.05% for 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 was 15.05% for Q1 2026 at Northrop Grumman, down from 17.99% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 29.33% in Q4 2023 to a low of 13.64% in Q3 2024.
  • Historically, Tax Rate has averaged 17.38% across 5 years, with a median of 16.78% in 2025.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate jumped 1415 bps in 2023, then plunged 1082 bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 15.17% in 2022, then surged by 93 bps to 29.33% in 2023, then plunged by 37 bps to 18.5% in 2024, then slipped by 3 bps to 17.99% in 2025, then dropped 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 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 -
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn 11.46%
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn 14.40%
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn 126.92%
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn 16.12%
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn 18.08%
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn 17.82%
8 Embraer 95.73 Bn 93.11 Bn - -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn 15.05%
10 TransDigm 74.20 Bn 70.32 Bn 1.51 Bn 23.43%

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%