Tax Credit Carryforward Valuation Allowance
Honeywell International Tax Credit Carryforward Valuation Allowance increased by 9.7% to $1.37B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 9.7%, from $1.25B to $1.37B. Over 5 years (FY 2020 to FY 2025), Tax Credit Carryforward Valuation Allowance shows an upward trend with a 12.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase in the allowance signals management's reduced confidence in the company's ability to utilize tax credits, often due to poor earnings outlook.
Detailed definition
This is a contra-asset account that reduces the carrying value of tax credit carryforwards when it is more likely than n...
Peer comparison
Stable companies with consistent profitability typically maintain low valuation allowances.
tax_credit_carryforward_valuation_allowanceHistorical Data
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $857.00M | $812.00M | $1.29B | $1.25B | $1.37B |
| QoQ Change | — | -5.3% | +59.1% | -3.0% | +9.7% |
| YoY Change | — | -5.3% | +59.1% | -3.0% | +9.7% |
Tax Credit Carryforward Valuation Allowance at Other Companies
Frequently Asked Questions
- What is Honeywell International's tax credit carryforward valuation allowance?
- Honeywell International (HON) reported tax credit carryforward valuation allowance of $1.37B in Q4 2025.
- How has Honeywell International's tax credit carryforward valuation allowance changed year-over-year?
- Honeywell International's tax credit carryforward valuation allowance increased by 9.7% year-over-year, from $1.25B to $1.37B.
- What is the long-term trend for Honeywell International's tax credit carryforward valuation allowance?
- Over 5 years (2020 to 2025), Honeywell International's tax credit carryforward valuation allowance has grown at a 12.4% compound annual growth rate (CAGR), from $766.00M to $1.37B.
- What does tax credit carryforward valuation allowance mean?
- A reduction in the value of tax credits because the company may not earn enough profit to use them.