Tax Rate: 15.05%
Is the tax rate high or low?
The tax rate of 15.05% is 14% below its 5-year average of 17.46%, near the low end of its 5-year range (13.64%–27.22%).
10.85% below its 12-month average of 16.88%.
NOC Tax Rate
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
NOC Average Tax Rate Chart
NOC Current vs Average Tax Rate Chart
NOC Tax Rate Metrics
TAX RATE
15.05%
TAX RATE AVG TTM
16.88%
TAX RATE AVG 3Y
16.72%
TAX RATE AVG 5Y
16.95%
TAX RATE AVG 10Y
16.92%
TAX RATE AVG 15Y
22.61%
TAX RATE AVG 20Y
24.87%
CURRENT VS TTM AVG
-10.85%
CURRENT VS 3Y AVG
-9.98%
CURRENT VS 5Y AVG
-11.22%
CURRENT VS 10Y AVG
-11.04%
CURRENT VS 15Y AVG
-33.45%
CURRENT VS 20Y AVG
-39.50%
Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Tax Rate FAQ
- What is the tax rate for Northrop Grumman Corporation (NOC)?
- The tax rate for NOC stock is 15.05%.
- Is Northrop Grumman Corporation's tax rate high or low?
- The tax rate of 15.05% is 14% below its 5-year average of 17.46%, near the low end of its 5-year range (13.64%–27.22%).
- What is the TTM average tax rate for Northrop Grumman Corporation (NOC)?
- The TTM average tax rate for NOC stock is 16.88%.
- What is the 3Y average tax rate for Northrop Grumman Corporation (NOC)?
- The 3Y average tax rate for NOC stock is 16.72%.
- What is the 5Y average tax rate for Northrop Grumman Corporation (NOC)?
- The 5Y average tax rate for NOC stock is 16.95%.
- What is the 10Y average tax rate for Northrop Grumman Corporation (NOC)?
- The 10Y average tax rate for NOC stock is 16.92%.
- What is the 15Y average tax rate for Northrop Grumman Corporation (NOC)?
- The 15Y average tax rate for NOC stock is 22.61%.
- What is the 20Y average tax rate for Northrop Grumman Corporation (NOC)?
- The 20Y average tax rate for NOC stock is 24.87%.
NOC Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2026-03-31 | 15.05% |
| 2025-12-31 | 17.99% |
| 2025-09-30 | 16.86% |
| 2025-06-30 | 17.73% |
| 2025-03-31 | 16.78% |
| 2024-12-31 | 18.50% |
| 2024-09-30 | 13.64% |
| 2024-06-30 | 17.98% |
| 2024-03-31 | 16.53% |
| 2023-09-30 | 16.19% |
| 2023-06-30 | 17.73% |
| 2023-03-31 | 15.63% |
| 2022-12-31 | 15.17% |
| 2022-09-30 | 16.06% |
| 2022-06-30 | 17.74% |
| 2022-03-31 | 16.52% |
| 2021-12-31 | 18.98% |
| 2021-09-30 | 16.63% |
| 2021-06-30 | 20.35% |
| 2021-03-31 | 27.22% |
| 2020-12-31 | -8.20% |
| 2020-09-30 | 15.51% |
| 2020-06-30 | 16.46% |
| 2020-03-31 | 17.57% |
| 2019-09-30 | 11.56% |
| 2019-06-30 | 16.25% |
| 2019-03-31 | 16.54% |
| 2018-12-31 | 16.31% |
| 2018-09-30 | 7.52% |
| 2018-06-30 | 18.85% |
| 2018-03-31 | 15.15% |
| 2017-12-31 | 73.98% |
| 2017-09-30 | 17.83% |
| 2017-06-30 | 31.60% |
| 2017-03-31 | 17.21% |
| 2016-12-31 | 29.81% |
| 2016-09-30 | 21.72% |
| 2016-06-30 | 29.18% |
| 2016-03-31 | 17.75% |
| 2015-12-31 | 26.09% |
| 2015-09-30 | 29.22% |
| 2015-06-30 | 27.85% |
| 2015-03-31 | 31.25% |
| 2014-12-31 | 27.82% |
| 2014-09-30 | 31.84% |
| 2014-06-30 | 32.41% |
| 2014-03-31 | 26.34% |
| 2013-12-31 | 32.39% |
| 2013-09-30 | 30.97% |
| 2013-06-30 | 32.60% |
| 2013-03-31 | 31.32% |
| 2012-12-31 | 32.27% |
| 2012-09-30 | 33.96% |
| 2012-06-30 | 33.98% |
| 2012-03-31 | 33.07% |
| 2011-12-31 | 29.67% |
| 2011-09-30 | 31.13% |
| 2011-06-30 | 34.01% |
| 2011-03-31 | 34.56% |
| 2010-12-31 | 27.55% |
| 2010-09-30 | 34.45% |
| 2010-06-30 | -11.44% |
| 2010-03-31 | 33.24% |
| 2009-12-31 | 34.13% |
| 2009-09-30 | 21.45% |
| 2009-06-30 | 33.89% |
| 2009-03-31 | 34.07% |
| 2008-09-30 | 31.40% |
| 2008-06-30 | 34.64% |
| 2008-03-31 | 35.70% |
| 2007-12-31 | 34.62% |
| 2007-09-30 | 32.97% |
| 2007-06-30 | 29.45% |
| 2007-03-31 | 34.41% |
| 2006-12-31 | 33.48% |
| 2006-09-30 | 35.44% |
| 2006-06-30 | 24.96% |
| 2006-03-31 | 30.95% |
| 2005-12-31 | 27.89% |
| 2005-09-30 | 33.79% |
| 2005-06-30 | 33.94% |
| 2005-03-31 | 33.22% |
| 2004-12-31 | 35.55% |
| 2004-09-30 | 34.16% |
| 2004-06-30 | 25.90% |
| 2004-03-31 | 34.29% |
| 2003-12-31 | 30.95% |
| 2003-09-30 | 30.86% |
| 2003-06-30 | 31.00% |
| 2003-03-31 | 18.31% |
| 2002-12-31 | 32.34% |
| 2002-09-30 | 28.79% |
| 2002-06-30 | 31.06% |
Related Metrics
About Northrop Grumman Corporation
Northrop Grumman Corporation is a leading global player in the aerospace and defense sectors. Its Aeronautics Systems division is responsible for the full lifecycle of aircraft, from design and development to production, integration, and ongoing maintenance. This includes a diverse portfolio of crewed and uncrewed aerial platforms: advanced strategic long-range strike aircraft, tactical fighter and air superiority jets, and sophisticated airborne systems for battle management and command and control. Additionally, it specializes in autonomous uncrewed aircraft systems, such as high-altitude, long-endurance strategic intelligence, surveillance, and reconnaissance (ISR) platforms, alongside vertical take-off and landing tactical ISR systems. The Defense Systems segment focuses on creating and delivering a wide array of weapons and mission technologies. Its offerings encompass integrated battle management solutions, various weapons platforms, and specialized aircraft. Key products include command and control systems, munitions, and missiles, alongside precision strike capabilities. The segment is also at the forefront of propulsion technologies, offering both air-breathing and advanced hypersonic systems, as well as sophisticated gun systems and precision munitions. Beyond products, it provides comprehensive life-cycle support, including software services, ongoing maintenance, logistics, operational assistance, and modernization efforts for air, sea, and ground-based defense systems. Within its Mission Systems division, Northrop Grumman delivers critical capabilities spanning cybersecurity, C4ISR (command, control, communications, computers, intelligence, surveillance, and reconnaissance). This includes developing advanced sensing technologies such as radar, electro-optical/infrared, and acoustic sensors, alongside electronic warfare systems. The division also provides cutting-edge communications and networking solutions, intelligence processing, navigation systems, and maritime power, propulsion, and payload launch systems. Furthermore, it supplies airborne multifunction sensors, integrated maritime and land-based systems, targeting and survivability solutions, and robust networked information platforms. The Space Systems segment is a key provider of space-based solutions, delivering satellites and their associated payloads, along with essential ground control systems. It specializes in missile defense systems, including interceptors, and offers a range of launch vehicles with their propulsion components, as well as strategic missile technologies. Established in 1939, the corporation maintains its headquarters in Falls Church, Virginia.
- Sector
- Industrials
- Industry
- Aerospace & Defense
- CEO
- Kathy J. Warden