Other
Tax Credit Carryforward Valuation Allowance
Parker-Hannifin Tax Credit Carryforward Valuation Allowance increased by 16.7% to $35.00M in Q2 2025 compared to the prior quarter. Year-over-year, this metric grew by 16.7%, from $30.00M to $35.00M. Over 4 years (FY 2021 to FY 2025), Tax Credit Carryforward Valuation Allowance shows an upward trend with a 9.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2019
Last reportedQ4 2025Aug 22, 2025
How to read this metric
An increase suggests a higher risk of losing tax credits due to insufficient future tax liabilities.
Detailed definition
This represents the valuation allowance specifically applied to tax credit carryforwards, indicating the portion of cred...
Peer comparison
Common in firms with significant R&D or investment-based tax credit programs.
Metric ID:
other_tax_credit_carryforward_valuation_allowanceHistorical Data
5 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $23.98M | $26.00M | $20.00M | $30.00M | $35.00M |
| QoQ Change | — | +8.4% | -23.1% | +50.0% | +16.7% |
| YoY Change | — | +8.4% | -23.1% | +50.0% | +16.7% |
Range$20.00M – $35.00M
CAGR+46.0%
Avg YoY Growth+13.0%
Median YoY Growth+12.6%
Current Streak2 quarters growth
Tax Credit Carryforward Valuation Allowance at Other Companies
Frequently Asked Questions
- What is Parker-Hannifin's tax credit carryforward valuation allowance?
- Parker-Hannifin (PH) reported tax credit carryforward valuation allowance of $35.00M in Q2 2025.
- How has Parker-Hannifin's tax credit carryforward valuation allowance changed year-over-year?
- Parker-Hannifin's tax credit carryforward valuation allowance increased by 16.7% year-over-year, from $30.00M to $35.00M.
- What is the long-term trend for Parker-Hannifin's tax credit carryforward valuation allowance?
- Over 4 years (2021 to 2025), Parker-Hannifin's tax credit carryforward valuation allowance has grown at a 9.9% compound annual growth rate (CAGR), from $23.98M to $35.00M.
- What does tax credit carryforward valuation allowance mean?
- The portion of tax credits that the company expects will expire before they can be used.