Other

Unrecognized Tax Benefits And Interest Accrued Reversal

Blackstone Unrecognized Tax Benefits And Interest Accrued Reversal increased by 27.6% to $29.10M in Q4 2024 compared to the prior quarter. Over 4 years (FY 2020 to FY 2024), Unrecognized Tax Benefits And Interest Accrued Reversal shows an upward trend with a 117.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ4 2017
Last reportedQ4 2024

How to read this metric

A reversal often results in a one-time benefit to the effective tax rate and net income.

Detailed definition

This represents the reversal of previously accrued unrecognized tax benefits and associated interest charges. It typical...

Peer comparison

Occurs periodically for large firms as tax audits are finalized.

Metric ID: other_unrecognized_tax_benefits_and_interest_accrued_reversal

Historical Data

4 periods
 Q4 '21Q4 '22Q4 '23Q4 '24
Value$1.50M$32.60M$22.80M$29.10M
QoQ Change—>999%-30.1%+27.6%
YoY Change—>999%-30.1%+27.6%
Range$1.50M – $32.60M
Avg YoY Growth+690.3%
Median YoY Growth+27.6%

Frequently Asked Questions

What is Blackstone's unrecognized tax benefits and interest accrued reversal?
Blackstone (BX) reported unrecognized tax benefits and interest accrued reversal of $29.10M in Q4 2024.
What is the long-term trend for Blackstone's unrecognized tax benefits and interest accrued reversal?
Over 4 years (2020 to 2024), Blackstone's unrecognized tax benefits and interest accrued reversal has grown at a 117.5% compound annual growth rate (CAGR), from $1.30M to $29.10M.
What does unrecognized tax benefits and interest accrued reversal mean?
The reduction in tax reserves due to the resolution of uncertain tax positions.