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Non-Current Assets

Deferred Tax Assets - Tax Credit Carryforwards

General Dynamics Deferred Tax Assets - Tax Credit Carryforwards increased by 107.6% to $384M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 107.6%, from $185M to $384M. Over 5 years (FY 2020 to FY 2025), Deferred Tax Assets - Tax Credit Carryforwards shows an upward trend with a 4.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2017
Last reportedQ4 2025Jan 30, 2026

How to read this metric

An increase indicates accumulated tax benefits, while a decrease reflects the successful utilization of these credits to lower tax expenses.

Detailed definition

This represents the value of tax credits that have been earned but not yet utilized to offset tax liabilities in the cur...

Peer comparison

Common in capital-intensive industries with significant R&D or investment tax incentives.

Metric ID: dta_tax_credit_carryforwards

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$294M$259M$267M$185M$384M
QoQ Change-11.9%+3.1%-30.7%+107.6%
YoY Change-11.9%+3.1%-30.7%+107.6%
Range$185M$384M
CAGR+30.6%
Avg YoY Growth+17.0%
Median YoY Growth-4.4%

Frequently Asked Questions

What is General Dynamics's deferred tax assets - tax credit carryforwards?
General Dynamics (GD) reported deferred tax assets - tax credit carryforwards of $384M in Q4 2025.
How has General Dynamics's deferred tax assets - tax credit carryforwards changed year-over-year?
General Dynamics's deferred tax assets - tax credit carryforwards increased by 107.6% year-over-year, from $185M to $384M.
What is the long-term trend for General Dynamics's deferred tax assets - tax credit carryforwards?
Over 5 years (2020 to 2025), General Dynamics's deferred tax assets - tax credit carryforwards has grown at a 4.3% compound annual growth rate (CAGR), from $311M to $384M.
What does deferred tax assets - tax credit carryforwards mean?
Unused tax credits that can be applied to reduce future tax bills.