Tax Credit Carryforward Valuation Allowance
CMS Energy Tax Credit Carryforward Valuation Allowance increased by 100.0% to $2.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 100.0%, from $1.00M to $2.00M. Over 5 years (FY 2020 to FY 2025), Tax Credit Carryforward Valuation Allowance shows an upward trend with a 14.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase signals management's reduced confidence in utilizing tax credits, while a decrease suggests improved prospects for tax savings.
Detailed definition
This is a contra-asset account established against deferred tax assets related to tax credit carryforwards when it is mo...
Peer comparison
Varies significantly based on profitability and tax jurisdiction; peers with stable earnings typically maintain lower valuation allowances.
tax_credit_carryforward_valuation_allowanceHistorical Data
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $2.00M | $2.00M | $2.00M | $1.00M | $2.00M |
| QoQ Change | — | +0.0% | +0.0% | -50.0% | +100.0% |
| YoY Change | — | +0.0% | +0.0% | -50.0% | +100.0% |
Tax Credit Carryforward Valuation Allowance at Other Companies
Frequently Asked Questions
- What is CMS Energy's tax credit carryforward valuation allowance?
- CMS Energy (CMS) reported tax credit carryforward valuation allowance of $2.00M in Q4 2025.
- How has CMS Energy's tax credit carryforward valuation allowance changed year-over-year?
- CMS Energy's tax credit carryforward valuation allowance increased by 100.0% year-over-year, from $1.00M to $2.00M.
- What is the long-term trend for CMS Energy's tax credit carryforward valuation allowance?
- Over 5 years (2020 to 2025), CMS Energy's tax credit carryforward valuation allowance has grown at a 14.9% compound annual growth rate (CAGR), from $1.00M to $2.00M.
- What does tax credit carryforward valuation allowance mean?
- A reserve account reducing the value of tax credits that the company may not be able to use.