Non-Current Assets
Deferred Tax Assets
Northrop Grumman Deferred Tax Assets decreased by 29.3% to $743.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 54.5%, from $1.63B to $743.00M. Over 5 years (FY 2020 to FY 2025), Deferred Tax Assets shows an upward trend with a 27.6% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2025
Last reportedQ1 2026
How to read this metric
An increase may signal future tax relief, while a decrease suggests the utilization of tax assets or valuation allowance adjustments.
Detailed definition
This represents the future tax benefits that the company expects to realize due to temporary differences between the boo...
Peer comparison
Common in global mining; peers with significant capital expenditures often hold substantial deferred tax assets.
Metric ID:
non_current_assets_deferred_income_tax_assets_netHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $433.00M | $418.00M | $200.00M | $220.00M | $239.00M | $233.00M | $162.00M | $234.00M | $452.00M | $330.00M | $1.02B | $1.12B | $1.25B | $1.41B | $1.60B | $1.63B | $1.71B | $1.26B | $1.05B | $743.00M |
| QoQ Change | — | -3.5% | -52.2% | +10.0% | +8.6% | -2.5% | -30.5% | +44.4% | +93.2% | -27.0% | +209.1% | +10.1% | +11.3% | +12.6% | +13.6% | +2.1% | +4.9% | -26.7% | -16.3% | -29.3% |
| YoY Change | — | — | — | — | -44.8% | -44.3% | -19.0% | +6.4% | +89.1% | +41.6% | +529.6% | +379.9% | +176.5% | +326.4% | +56.8% | +45.4% | +37.0% | -10.8% | -34.3% | -54.5% |
Range$162.00M – $1.71B
CAGR+12.0%
Avg YoY Growth+92.6%
Median YoY Growth+39.3%
Current Streak3 quarters decline
Deferred Tax Assets at Other Companies
Frequently Asked Questions
- What is Northrop Grumman's deferred tax assets?
- Northrop Grumman (NOC) reported deferred tax assets of $743.00M in Q1 2026.
- How has Northrop Grumman's deferred tax assets changed year-over-year?
- Northrop Grumman's deferred tax assets decreased by 54.5% year-over-year, from $1.63B to $743.00M.
- What is the long-term trend for Northrop Grumman's deferred tax assets?
- Over 5 years (2020 to 2025), Northrop Grumman's deferred tax assets has grown at a 27.6% compound annual growth rate (CAGR), from $311.00M to $1.05B.
- What does deferred tax assets mean?
- Future tax savings expected from accounting and tax reporting differences.