NOC (Northrop Grumman) Tax Rate %: 15.05% (As of Mar. 2026)

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NOC Northrop Grumman Corp NOC
87 GF Score
Price $512.29
GF Value $560.02
Valuation Fairly Valued
! 2 Warning Signs
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What is Northrop Grumman Tax Rate %?

Northrop Grumman NOC -2.23% 87 Tax Rate % is 15.05% as of Mar. 2026. GuruFocus rates NOC with a GF Score™ of 87/100 and a GF Value™ of $560.02 (Fairly Valued). The stock has 2 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Northrop Grumman's Tax Expense for the three months ended in Mar. 2026 was $155 Mil. Northrop Grumman's Pre-Tax Income for the three months ended in Mar. 2026 was $1,030 Mil. Therefore, Northrop Grumman's Tax Rate % for the quarter that ended in Mar. 2026 was 15.05%.

Northrop Grumman Tax Rate % Related Terms

Northrop Grumman Tax Rate % Historical Data

* Premium members only.

The historical data trend for Northrop Grumman's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Northrop Grumman Tax Rate % Chart

Northrop Grumman Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.63 16.11 12.36 16.79 17.48

Northrop Grumman Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.78 17.73 16.86 17.99 15.05
NOC
87GF Score
Northrop Grumman Corp NOC
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Northrop Grumman Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Northrop Grumman's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=886/5068
=17.48 %

Northrop Grumman's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=155/1030
=15.05 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 15.05% mean?
Northrop Grumman (NOC) has a Tax Rate % of 15.05% as of Mar. 2026.
Is Northrop Grumman's Tax Rate % too high?
Northrop Grumman's current Tax Rate % is 15.05%. Overall, Northrop Grumman has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Northrop Grumman's Tax Rate % compare to HONAV and TDG?
Northrop Grumman's Tax Rate % of 15.05% can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for an Aerospace & Defense company?
A good Tax Rate % depends on the Aerospace & Defense industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Northrop Grumman's current Tax Rate % is 15.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northrop Grumman stock overvalued right now?
Based on GuruFocus' analysis, Northrop Grumman (NOC) is currently considered Fairly Valued. The stock's GF Value™ is $560.02, compared to a current price of $512.29 — trading 8.5% below its estimated fair value. The current Tax Rate % is 15.05%. Northrop Grumman's overall GF Score™ is 87/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Northrop Grumman (NOC), the current Tax Rate % is 15.05% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Northrop Grumman (NOC) Overvalued in 2026?

Based on GuruFocus' analysis, Northrop Grumman stock appears to be undervalued. The current stock price of $512.29 is trading 8.5% below its estimated GF Value™ of $560.02. GuruFocus considers Northrop Grumman to be Fairly Valued.

Key valuation signals for NOC:

  • Tax Rate %: 15.05%
  • GF Value™: $560.02 vs. price of $512.29 (8.5% below fair value)
  • GF Score™: 87/100 with 2 warning signs

No single metric tells the full story. See the NOC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Northrop Grumman Business Description

Address 2980 Fairview Park Drive, Falls Church, VA, USA, 22042
Northrop Grumman is a diversified defense contractor providing aeronautics, defense, and space systems. The company's aerospace segment produces autonomous and piloted aircraft such as Global Hawk drones and the new B-21 bomber, creates the fuselage for the massive F-35 program, and maintains and upgrades numerous other military aircraft. Defense systems makes artillery and missile ammunition and guidance systems, long-range missiles, and missile defense systems. Mission systems creates and integrates a variety of radar, navigation, and communication systems for avionics, weapons control, and countermeasures on a range of platforms from helicopters to destroyers. Space systems produces satellites, sensors, space structures, and rocket motors.
87GF Score

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Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$512.29
Price
$560.02
GF Value