Other

Amount of valuation allowance relating to non-operating entity whose loss carryforward utilization is considered to be remote

Parker-Hannifin Amount of valuation allowance relating to non-operating entity whose loss carryforward utilization is considered to be remote decreased by 91.0% to $92.00M in Q2 2025 compared to the prior quarter. Year-over-year, this metric declined by 91.0%, from $1.02B to $92.00M. Over 4 years (FY 2021 to FY 2025), Amount of valuation allowance relating to non-operating entity whose loss carryforward utilization is considered to be remote shows a downward trend with a -42.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ2 2016
Last reportedQ2 2025

How to read this metric

A high or increasing balance indicates significant tax assets are trapped in entities that are not contributing to profitability.

Detailed definition

This represents the valuation allowance specifically allocated to non-operating entities where the utilization of loss c...

Peer comparison

Varies significantly based on corporate structure and the presence of legacy or inactive legal entities.

Metric ID: other_non_operating_entity_valuation_allowance

Historical Data

5 periods
 Q2 '21Q2 '22Q2 '23Q2 '24Q2 '25
Value$816.39M$853.00M$1.03B$1.02B$92.00M
QoQ Change—+4.5%+20.8%-0.9%-91.0%
YoY Change—+4.5%+20.8%-0.9%-91.0%
Range$92.00M – $1.03B
CAGR-88.7%
Avg YoY Growth-16.7%
Median YoY Growth+1.8%
Current Streak2 quarters decline

Frequently Asked Questions

What is Parker-Hannifin's amount of valuation allowance relating to non-operating entity whose loss carryforward utilization is considered to be remote?
Parker-Hannifin (PH) reported amount of valuation allowance relating to non-operating entity whose loss carryforward utilization is considered to be remote of $92.00M in Q2 2025.
How has Parker-Hannifin's amount of valuation allowance relating to non-operating entity whose loss carryforward utilization is considered to be remote changed year-over-year?
Parker-Hannifin's amount of valuation allowance relating to non-operating entity whose loss carryforward utilization is considered to be remote decreased by 91.0% year-over-year, from $1.02B to $92.00M.
What is the long-term trend for Parker-Hannifin's amount of valuation allowance relating to non-operating entity whose loss carryforward utilization is considered to be remote?
Over 4 years (2021 to 2025), Parker-Hannifin's amount of valuation allowance relating to non-operating entity whose loss carryforward utilization is considered to be remote has grown at a -42.1% compound annual growth rate (CAGR), from $816.39M to $92.00M.
What does amount of valuation allowance relating to non-operating entity whose loss carryforward utilization is considered to be remote mean?
The portion of tax assets written off because the specific entity is unlikely to generate future taxable income.

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