Discontinued — last reported Q4 '19

Net Deferred Tax Assets/Liabilities

Non-Current Assets

Chevron Net Deferred Tax Assets/Liabilities decreased by 73.8% to -$27.15B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 73.8%, from -$15.62B to -$27.15B. Over 5 years (FY 2020 to FY 2025), Net Deferred Tax Assets/Liabilities shows a downward trend with a 30.1% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryProfitability
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ4 2019

How to read this metric

A net asset position suggests future tax savings, while a net liability position suggests future tax payments.

Detailed definition

This represents the net position of deferred tax assets and liabilities on the balance sheet. It indicates whether the c...

Peer comparison

Standard financial reporting metric for all tax-paying entities.

Metric ID: deferred_tax_assets_liabilities_net

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value-$9.01B-$12.63B-$14.66B-$15.62B-$27.15B
QoQ Change—-40.2%-16.1%-6.5%-73.8%
YoY Change—-40.2%-16.1%-6.5%-73.8%
Range-$27.15B – -$9.01B
CAGR+201.5%
Avg YoY Growth-34.2%
Median YoY Growth-28.2%
Current Streak4+ quarters decline

Frequently Asked Questions

What is Chevron's net deferred tax assets/liabilities?
Chevron (CVX) reported net deferred tax assets/liabilities of -$27.15B in Q4 2025.
How has Chevron's net deferred tax assets/liabilities changed year-over-year?
Chevron's net deferred tax assets/liabilities decreased by 73.8% year-over-year, from -$15.62B to -$27.15B.
What is the long-term trend for Chevron's net deferred tax assets/liabilities?
Over 5 years (2020 to 2025), Chevron's net deferred tax assets/liabilities has grown at a 30.1% compound annual growth rate (CAGR), from -$7.28B to -$27.15B.
What does net deferred tax assets/liabilities mean?
The net balance of future tax benefits minus future tax obligations.

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