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Discontinued — last reported Q4 '25

Business Segments · Tax Credit Carryforward Valuation Allowance

International — Tax Credit Carryforward Valuation Allowance

Best Buy International — Tax Credit Carryforward Valuation Allowance increased by 100.0% to $2M in Q4 2024 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2020
Last reportedQ4 2025Mar 19, 2025

How to read this metric

A rising allowance indicates increased risk that tax credits will expire unused, signaling potential long-term profitability challenges in the region.

Detailed definition

The valuation allowance specifically applied to international tax credit carryforwards to account for the uncertainty of...

Peer comparison

Comparable to valuation allowances on tax credit assets for multinational entities.

Metric ID: bby_segment_international_tax_credit_carryforward_valuation_allowance

Historical Data

4 periods
 Q4 '22Q4 '23Q4 '24Q4 '25
Value$110M$1M$1M$2M
QoQ Change-99.1%+0.0%+100.0%
YoY Change-99.1%+0.0%+100.0%
Range$1M$110M
Avg YoY Growth+0.3%
Median YoY Growth+0.0%
Current Streak2 quarters growth

Frequently Asked Questions

What is Best Buy's international — tax credit carryforward valuation allowance?
Best Buy (BBY) reported international — tax credit carryforward valuation allowance of $2M in Q4 2024.
What does international — tax credit carryforward valuation allowance mean?
The portion of international tax credits that the company expects it will not be able to use.