Discontinued — last reported Q4 '22

Tax

Unrecognized Tax Benefits Current Period Increases

Corvex Unrecognized Tax Benefits Current Period Increases remained flat by 0.0% to $105.25K in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 0.5%, from $105.75K to $105.25K. Over 3 years (FY 2021 to FY 2024), Unrecognized Tax Benefits Current Period Increases shows an upward trend with a 28.6% 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 2015
Last reportedQ4 2022

How to read this metric

An increase suggests more aggressive tax planning or higher uncertainty regarding current-year tax filings.

Detailed definition

Represents the increase in the liability for unrecognized tax benefits due to tax positions taken by the company during...

Peer comparison

Standard disclosure in tax footnotes for multinational corporations regarding uncertain tax positions.

Metric ID: adi_unrecognized_tax_benefits_current_period_increases

Historical Data

4 years
 FY'21FY'22FY'23FY'24
Value$198.00K$323.00K$423.00K$421.00K
YoY Change+63.1%+31.0%-0.5%
Range$198.00K$423.00K
CAGR+28.6%
Avg YoY Growth+31.2%
Median YoY Growth+31.0%

Frequently Asked Questions

What is Corvex 's unrecognized tax benefits current period increases?
Corvex (MOVE) reported unrecognized tax benefits current period increases of $105.25K in Q4 2024.
How has Corvex 's unrecognized tax benefits current period increases changed year-over-year?
Corvex 's unrecognized tax benefits current period increases decreased by 0.5% year-over-year, from $105.75K to $105.25K.
What is the long-term trend for Corvex 's unrecognized tax benefits current period increases?
Over 3 years (2021 to 2024), Corvex 's unrecognized tax benefits current period increases has grown at a 28.6% compound annual growth rate (CAGR), from $198.00K to $421.00K.
What does unrecognized tax benefits current period increases mean?
The amount of new tax liability recorded for tax positions taken in the current year.