Tax
Change in Tax Valuation Allowance
GE Vernova Change in Tax Valuation Allowance remained flat by 0.0% to $161.75M in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 16.4%, from $193.50M to $161.75M. Over 2 years (FY 2022 to FY 2024), Change in Tax Valuation Allowance shows a downward trend with a -17.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionTax
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ4 2024Jan 29, 2026
How to read this metric
A decrease in the allowance suggests improved confidence in future profitability and tax asset utilization.
Detailed definition
Measures the net change in the valuation allowance established against deferred tax assets. A valuation allowance is rec...
Peer comparison
Standard disclosure for companies with significant deferred tax assets and fluctuating earnings outlooks.
Metric ID:
tmo_tax_valuation_allowance_changeHistorical Data
3 years
| FY'22 | FY'23 | FY'24 | |
|---|---|---|---|
| Value | $951.00M | $774.00M | $647.00M |
| YoY Change | — | -18.6% | -16.4% |
Range$647.00M – $951.00M
CAGR-17.5%
Avg YoY Growth-17.5%
Median YoY Growth-17.5%
Current Streak2+ years decline
Change in Tax Valuation Allowance at Other Companies
Frequently Asked Questions
- What is GE Vernova's change in tax valuation allowance?
- GE Vernova (GEV) reported change in tax valuation allowance of $161.75M in Q4 2024.
- How has GE Vernova's change in tax valuation allowance changed year-over-year?
- GE Vernova's change in tax valuation allowance decreased by 16.4% year-over-year, from $193.50M to $161.75M.
- What is the long-term trend for GE Vernova's change in tax valuation allowance?
- Over 2 years (2022 to 2024), GE Vernova's change in tax valuation allowance has grown at a -17.5% compound annual growth rate (CAGR), from $951.00M to $647.00M.
- What does change in tax valuation allowance mean?
- The net adjustment to the reserve for deferred tax assets that may not be realized.