Discontinued — last reported Q3 '25
Tax Credit Carryforward Valuation Allowance
Altria Group Tax Credit Carryforward Valuation Allowance increased by 10.8% to $740.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 65.8%, from $2.17B to $740.00M. Over 4 years (FY 2020 to FY 2024), Tax Credit Carryforward Valuation Allowance shows a downward trend with a -30.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase signals management's reduced confidence in utilizing tax credits, while a decrease suggests improved prospects for tax savings.
Detailed definition
This is a contra-asset account established against deferred tax assets related to tax credit carryforwards when it is mo...
Peer comparison
Varies significantly based on profitability and tax jurisdiction; peers with stable earnings typically maintain lower valuation allowances.
tax_credit_carryforward_valuation_allowanceHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.00B | $3.00B | $3.10B | $3.46B | $3.43B | $2.80B | $2.20B | $2.22B | $2.22B | $2.26B | $2.16B | $2.17B | $2.17B | $668.00M | $740.00M |
| QoQ Change | — | +0.2% | +3.1% | +11.6% | -0.8% | -18.3% | -21.3% | +0.6% | -0.0% | +1.8% | -4.1% | +0.0% | +0.0% | -69.2% | +10.8% |
| YoY Change | — | — | — | +15.3% | +14.1% | -9.6% | — | -35.8% | -35.3% | -19.4% | -1.8% | -2.4% | -2.3% | -70.4% | -65.8% |
Tax Credit Carryforward Valuation Allowance at Other Companies
Frequently Asked Questions
- What is Altria Group's tax credit carryforward valuation allowance?
- Altria Group (MO) reported tax credit carryforward valuation allowance of $740.00M in Q3 2025.
- How has Altria Group's tax credit carryforward valuation allowance changed year-over-year?
- Altria Group's tax credit carryforward valuation allowance decreased by 65.8% year-over-year, from $2.17B to $740.00M.
- What is the long-term trend for Altria Group's tax credit carryforward valuation allowance?
- Over 4 years (2020 to 2024), Altria Group's tax credit carryforward valuation allowance has grown at a -30.2% compound annual growth rate (CAGR), from $2.82B to $668.00M.
- What does tax credit carryforward valuation allowance mean?
- A reserve account reducing the value of tax credits that the company may not be able to use.