Tax Credit Carryforward Valuation Allowance
Hubbell Tax Credit Carryforward Valuation Allowance decreased by 42.2% to $19.70M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 42.2%, from $34.10M to $19.70M. Over 5 years (FY 2020 to FY 2025), Tax Credit Carryforward Valuation Allowance shows a downward trend with a -10.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
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 | $32.60M | $32.20M | $37.40M | $34.10M | $19.70M |
| QoQ Change | — | -1.2% | +16.1% | -8.8% | -42.2% |
| YoY Change | — | -1.2% | +16.1% | -8.8% | -42.2% |
Tax Credit Carryforward Valuation Allowance at Other Companies
Frequently Asked Questions
- What is Hubbell's tax credit carryforward valuation allowance?
- Hubbell (HUBB) reported tax credit carryforward valuation allowance of $19.70M in Q4 2025.
- How has Hubbell's tax credit carryforward valuation allowance changed year-over-year?
- Hubbell's tax credit carryforward valuation allowance decreased by 42.2% year-over-year, from $34.10M to $19.70M.
- What is the long-term trend for Hubbell's tax credit carryforward valuation allowance?
- Over 5 years (2020 to 2025), Hubbell's tax credit carryforward valuation allowance has grown at a -10.4% compound annual growth rate (CAGR), from $34.20M to $19.70M.
- 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.