Non-Current Assets
Deferred Tax Assets and Other Non-Current Assets
Northrop Grumman Deferred Tax Assets and Other Non-Current Assets decreased by 1.5% to $1.58B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 25.5%, from $1.26B to $1.58B. Over 5 years (FY 2020 to FY 2025), Deferred Tax Assets and Other Non-Current Assets shows a downward trend with a -3.4% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026Apr 21, 2026
How to read this metric
An increase generally reflects a growing long-term asset base or deferred tax position, while a decrease suggests asset liquidation or tax benefit utilization.
Detailed definition
This is the aggregate balance of non-current deferred tax assets and other miscellaneous non-current assets not classifi...
Peer comparison
Commonly found in the non-current asset section of balance sheets for large, diversified financial firms.
Metric ID:
deferred_tax_assets_other_noncurrentHistorical 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 | $2.01B | $2.03B | $2.31B | $2.35B | $2.24B | $2.25B | $2.59B | $2.70B | $2.69B | $2.69B | $1.19B | $2.64B | $2.76B | $2.91B | $1.48B | $1.26B | $1.33B | $1.46B | $1.60B | $1.58B |
| QoQ Change | — | +0.8% | +14.1% | +1.8% | -4.6% | +0.2% | +15.4% | +4.2% | -0.6% | +0.1% | -55.6% | +121.2% | +4.5% | +5.3% | -49.0% | -15.2% | +5.9% | +9.4% | +10.0% | -1.5% |
| YoY Change | — | — | — | — | +11.6% | +11.0% | +12.2% | +14.9% | +19.8% | +19.7% | -54.0% | -2.3% | +2.7% | +8.1% | +24.3% | -52.3% | -51.7% | -49.9% | +8.1% | +25.5% |
Range$1.19B – $2.91B
CAGR-4.9%
Avg YoY Growth-3.3%
Median YoY Growth+9.5%
Deferred Tax Assets and Other Non-Current Assets at Other Companies
Frequently Asked Questions
- What is Northrop Grumman's deferred tax assets and other non-current assets?
- Northrop Grumman (NOC) reported deferred tax assets and other non-current assets of $1.58B in Q1 2026.
- How has Northrop Grumman's deferred tax assets and other non-current assets changed year-over-year?
- Northrop Grumman's deferred tax assets and other non-current assets increased by 25.5% year-over-year, from $1.26B to $1.58B.
- What is the long-term trend for Northrop Grumman's deferred tax assets and other non-current assets?
- Over 5 years (2020 to 2025), Northrop Grumman's deferred tax assets and other non-current assets has grown at a -3.4% compound annual growth rate (CAGR), from $1.91B to $1.60B.
- What does deferred tax assets and other non-current assets mean?
- The total value of long-term tax assets and other miscellaneous long-term assets.