Deferred Tax Assets
Non-Current AssetsJohnson & Johnson Deferred Tax Assets decreased by 2.0% to $6.67B in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 28.7%, from $9.35B to $6.67B. Over 3 years (FY 2021 to FY 2024), Deferred Tax Assets shows relatively stable performance with a -0.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests the company has more 'tax shields' to protect future earnings, while a valuation allowance against them would signal doubt about future profitability.
Detailed definition
An asset on the balance sheet that results from overpayment or advance payment of taxes, or from carryforwards of losses...
Peer comparison
Companies with significant R&D operations typically carry higher deferred tax assets due to government incentives for innovation.
deferred_tax_assetsHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $8.32B | $10.80B | $10.65B | $10.22B | $9.94B | $9.51B | $9.12B | $8.82B | $9.26B | $9.28B | $10.31B | $9.00B | $9.35B | $10.46B | $8.49B | $6.80B | $6.67B |
| QoQ Change | — | +29.8% | -1.5% | -4.0% | -2.8% | -4.2% | -4.1% | -3.4% | +5.0% | +0.2% | +11.1% | -12.6% | +3.8% | +11.9% | -18.8% | -19.9% | -2.0% |
| YoY Change | — | — | — | — | +19.4% | -11.9% | -14.3% | -11.3% | -2.7% | +1.7% | — | +2.1% | +1.0% | +12.7% | -17.6% | -24.5% | -28.7% |
Deferred Tax Assets at Other Companies
Frequently Asked Questions
- What is Johnson & Johnson's deferred tax assets?
- Johnson & Johnson (JNJ) reported deferred tax assets of $6.67B in Q3 2025.
- How has Johnson & Johnson's deferred tax assets changed year-over-year?
- Johnson & Johnson's deferred tax assets decreased by 28.7% year-over-year, from $9.35B to $6.67B.
- What is the long-term trend for Johnson & Johnson's deferred tax assets?
- Over 3 years (2021 to 2024), Johnson & Johnson's deferred tax assets has grown at a -0.6% compound annual growth rate (CAGR), from $10.65B to $10.46B.
- What does deferred tax assets mean?
- A tax overpayment or credit that the company can use to lower its tax bill in the future.