What is U.S. Bancorp's deferred tax assets, net?

U.S. Bancorp (USB) reported deferred tax assets, net of $4.99B in Q4 2025.

How has U.S. Bancorp's deferred tax assets, net changed year-over-year?

U.S. Bancorp's deferred tax assets, net decreased by 20.2% year-over-year, from $6.25B to $4.99B.

What is the long-term trend for U.S. Bancorp's deferred tax assets, net?

Over 5 years (2020 to 2025), U.S. Bancorp's deferred tax assets, net has grown at a 52.9% compound annual growth rate (CAGR), from $597.00M to $4.99B.

What does deferred tax assets, net mean?

The net balance of future tax benefits minus future tax obligations.

Other

Deferred Tax Assets, Net

U.S. Bancorp Deferred Tax Assets, Net decreased by 0.2% to $4.99B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 20.2%, from $6.25B to $4.99B. Over 5 years (FY 2020 to FY 2025), Deferred Tax Assets, Net shows an upward trend with a 52.9% CAGR.

Analysis

StatementBalance Sheet Statement

SectionOther

CategoryLiquidity

SignalContext dependent

VolatilityModerate

First reportedQ4 2024

Last reportedQ4 2025

How to read this metric

A positive 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, indicating whether the company has a net future...

Peer comparison

Commonly reported in tax footnotes; provides a high-level view of the company's net tax position.

Metric ID: other_deferred_tax_assets_liabilities_net

Historical Data

11 periods

	Q4 '21	Q4 '22	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25
Value	$785.00M	$6.29B	$6.39B	$6.30B	$6.30B	$5.60B	$6.25B	$5.70B	$5.40B	$5.00B	$4.99B
QoQ Change	—	+701.8%	+1.5%	-1.4%	+0.0%	-11.1%	+11.7%	-8.8%	-5.3%	-7.4%	-0.2%
YoY Change	—	+701.8%	+1.5%	—	—	—	-2.1%	-9.5%	-14.3%	-10.7%	-20.2%

Range$785.00M – $6.39B

CAGR+109.5%

Avg YoY Growth+92.3%

Median YoY Growth-9.5%

Current Streak4 quarters decline

Deferred Tax Assets, Net at Other Companies

PNC Financial ServicesPNC View metric

Frequently Asked Questions

What is U.S. Bancorp's deferred tax assets, net?: U.S. Bancorp (USB) reported deferred tax assets, net of $4.99B in Q4 2025.
How has U.S. Bancorp's deferred tax assets, net changed year-over-year?: U.S. Bancorp's deferred tax assets, net decreased by 20.2% year-over-year, from $6.25B to $4.99B.
What is the long-term trend for U.S. Bancorp's deferred tax assets, net?: Over 5 years (2020 to 2025), U.S. Bancorp's deferred tax assets, net has grown at a 52.9% compound annual growth rate (CAGR), from $597.00M to $4.99B.
What does deferred tax assets, net mean?: The net balance of future tax benefits minus future tax obligations.