Discontinued — last reported Q3 '25
Tax Credit Carryforward Valuation Allowance
Morgan Stanley Tax Credit Carryforward Valuation Allowance increased by 7.0% to $229.00M in Q4 2025 compared to the prior quarter. Over 3 years (FY 2022 to FY 2025), Tax Credit Carryforward Valuation Allowance shows an upward trend with a 3.8% 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
| Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|
| Value | $205.00M | $211.00M | $214.00M | $229.00M |
| QoQ Change | — | +2.9% | +1.4% | +7.0% |
| YoY Change | — | +2.9% | +1.4% | +7.0% |
Tax Credit Carryforward Valuation Allowance at Other Companies
Frequently Asked Questions
- What is Morgan Stanley's tax credit carryforward valuation allowance?
- Morgan Stanley (MS) reported tax credit carryforward valuation allowance of $229.00M in Q4 2025.
- What is the long-term trend for Morgan Stanley's tax credit carryforward valuation allowance?
- Over 3 years (2022 to 2025), Morgan Stanley's tax credit carryforward valuation allowance has grown at a 3.8% compound annual growth rate (CAGR), from $205.00M to $229.00M.
- 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.