Other
Tax Provision (Benefit) on Currency Translation Adjustment
Capital One Financial Tax Provision (Benefit) on Currency Translation Adjustment decreased by 27.3% to $24.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 214.3%, from -$21.00M to $24.00M.
Analysis
StatementIncome Statement
SectionOther
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ1 2023
Last reportedQ1 2026May 7, 2026
How to read this metric
Reflects the tax efficiency of managing foreign currency exposures; usually a secondary adjustment to comprehensive income.
Detailed definition
Represents the tax impact associated with foreign currency translation adjustments recorded in other comprehensive incom...
Peer comparison
Specific to companies with significant international operations and complex tax structures.
Metric ID:
tmo_tax_provision_on_currency_translationHistorical Data
10 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$12.00M | -$25.00M | $37.00M | $16.00M | $4.00M | -$43.00M | -$21.00M | -$74.00M | $33.00M | $24.00M |
| QoQ Change | — | -108.3% | +248.0% | -56.8% | -75.0% | <-999% | +51.2% | -252.4% | +144.6% | -27.3% |
| YoY Change | — | — | — | +233.3% | +116.0% | -216.2% | -231.3% | <-999% | +176.7% | +214.3% |
Range-$74.00M – $37.00M
CAGR+36.1%
Avg YoY Growth-236.7%
Median YoY Growth+116.0%
Tax Provision (Benefit) on Currency Translation Adjustment at Other Companies
Frequently Asked Questions
- What is Capital One Financial's tax provision (benefit) on currency translation adjustment?
- Capital One Financial (COF) reported tax provision (benefit) on currency translation adjustment of $24.00M in Q1 2026.
- How has Capital One Financial's tax provision (benefit) on currency translation adjustment changed year-over-year?
- Capital One Financial's tax provision (benefit) on currency translation adjustment increased by 214.3% year-over-year, from -$21.00M to $24.00M.
- What does tax provision (benefit) on currency translation adjustment mean?
- The tax effect related to foreign currency translation gains or losses.