Non-Current Assets

Deferred Tax Assets - Tax Credit Carryforwards

Chevron Deferred Tax Assets - Tax Credit Carryforwards increased by 49.3% to $430.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 49.3%, from $288.00M to $430.00M. Over 5 years (FY 2020 to FY 2025), Deferred Tax Assets - Tax Credit Carryforwards shows a downward trend with a -16.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalHigher is better
VolatilityStable
First reportedQ4 2015
Last reportedQ4 2025Feb 24, 2026

How to read this metric

Higher balances indicate significant potential for future tax relief, though they may also suggest limited current taxable income to absorb these credits.

Detailed definition

These are deferred tax assets arising from tax credits that were not utilized in the current period but can be carried f...

Peer comparison

Standard across large manufacturing firms with significant R&D or capital expenditure tax incentives.

Metric ID: dta_tax_credit_carryforwards

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$993.00M$440.00M$260.00M$288.00M$430.00M
QoQ Change—-55.7%-40.9%+10.8%+49.3%
YoY Change—-55.7%-40.9%+10.8%+49.3%
Range$260.00M – $993.00M
CAGR-56.7%
Avg YoY Growth-9.1%
Median YoY Growth-15.1%
Current Streak2 quarters growth

Deferred Tax Assets - Tax Credit Carryforwards at Other Companies

CMS
CMS EnergyCMSView metric

Frequently Asked Questions

What is Chevron's deferred tax assets - tax credit carryforwards?
Chevron (CVX) reported deferred tax assets - tax credit carryforwards of $430.00M in Q4 2025.
How has Chevron's deferred tax assets - tax credit carryforwards changed year-over-year?
Chevron's deferred tax assets - tax credit carryforwards increased by 49.3% year-over-year, from $288.00M to $430.00M.
What is the long-term trend for Chevron's deferred tax assets - tax credit carryforwards?
Over 5 years (2020 to 2025), Chevron's deferred tax assets - tax credit carryforwards has grown at a -16.4% compound annual growth rate (CAGR), from $1.06B to $430.00M.
What does deferred tax assets - tax credit carryforwards mean?
Unused tax credits that can be applied to reduce future tax payments.