Increase (Decrease) in Deferred Income Taxes
Home Depot Increase (Decrease) in Deferred Income Taxes increased by 100.7% to $3.00M in Q1 2025 compared to the prior quarter. Year-over-year, this metric grew by 103.6%, from -$83.00M to $3.00M. Over 2 years (FY 2021 to FY 2023), Increase (Decrease) in Deferred Income Taxes shows a downward trend with a -5.8% CAGR.
Analysis
How to read this metric
An increase suggests tax expenses were recorded but not yet paid, while a decrease indicates the utilization of deferred tax assets or payment of previously deferred liabilities.
Detailed definition
Represents the non-cash impact on operating cash flow resulting from timing differences between financial reporting and...
Peer comparison
Common across all capital-intensive industries; peers often show fluctuations based on tax legislation and capital investment cycles.
operating_increase_decrease_in_deferred_income_taxesHistorical Data
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q1 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $87.00M | $8.00M | -$224.00M | $405.00M | $44.00M | $4.00M | $262.00M | -$448.00M | $59.00M | -$218.00M | -$11.00M | $415.00M | -$83.00M | -$407.00M | $3.00M |
| QoQ Change | — | -90.8% | <-999% | +280.8% | -89.1% | -90.9% | >999% | -271.0% | +113.2% | -469.5% | +95.0% | >999% | -120.0% | -390.4% | +100.7% |
| YoY Change | — | — | — | — | -49.4% | -50.0% | +217.0% | -210.6% | +34.1% | <-999% | -104.2% | +192.6% | -240.7% | -86.7% | +103.6% |
Increase (Decrease) in Deferred Income Taxes at Other Companies
Frequently Asked Questions
- What is Home Depot's increase (decrease) in deferred income taxes?
- Home Depot (HD) reported increase (decrease) in deferred income taxes of $3.00M in Q1 2025.
- How has Home Depot's increase (decrease) in deferred income taxes changed year-over-year?
- Home Depot's increase (decrease) in deferred income taxes increased by 103.6% year-over-year, from -$83.00M to $3.00M.
- What is the long-term trend for Home Depot's increase (decrease) in deferred income taxes?
- Over 2 years (2021 to 2023), Home Depot's increase (decrease) in deferred income taxes has grown at a -5.8% compound annual growth rate (CAGR), from $276.00M to $245.00M.
- What does increase (decrease) in deferred income taxes mean?
- The change in cash flow caused by differences between when taxes are recorded for accounting and when they are paid to authorities.