Discontinued — last reported Q1 '24
United States — Tax Adjustments, Settlements, and Unusual Provisions
ITT United States — Tax Adjustments, Settlements, and Unusual Provisions decreased by 200.0% to -$4.9M in Q1 2024 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from -$4.9M to -$4.9M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
High values indicate significant one-time tax charges or benefits that distort the standard effective tax rate, signaling potential past accounting or regulatory issues.
Detailed definition
This metric captures non-recurring financial impacts related to tax settlements, adjustments from prior periods, or unus...
Peer comparison
Comparable to discrete tax items or non-recurring tax adjustments reported in the tax reconciliation notes of peer companies.
itt_segment_united_states_tax_adjustments_settlements_and_unusual_provisionsHistorical Data
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|
| Value | -$4.9M | -$4.9M | $9.8M | $4.9M | -$4.9M |
| QoQ Change | — | +0.0% | +300.0% | -50.0% | -200.0% |
| YoY Change | — | — | — | — | +0.0% |
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Frequently Asked Questions
- What is ITT's united states — tax adjustments, settlements, and unusual provisions?
- ITT (ITT) reported united states — tax adjustments, settlements, and unusual provisions of -$4.9M in Q1 2024.
- How has ITT's united states — tax adjustments, settlements, and unusual provisions changed year-over-year?
- ITT's united states — tax adjustments, settlements, and unusual provisions decreased by 0.0% year-over-year, from -$4.9M to -$4.9M.
- What does united states — tax adjustments, settlements, and unusual provisions mean?
- The financial impact of one-time tax settlements or unusual adjustments to tax provisions in the U.S.