Tax
Tax Reconciliation: Change in Valuation Allowance
Constellation Brands Tax Reconciliation: Change in Valuation Allowance remained flat by 0.0% to -7.3% in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 846.2%, from 1.0% to -7.3%. Over 3 years (FY 2022 to FY 2025), Tax Reconciliation: Change in Valuation Allowance shows a downward trend with a -38.4% CAGR.
Analysis
StatementIncome Statement
SectionTax
CategoryProfitability
SignalContext dependent
VolatilityModerate
First reportedQ1 2018
Last reportedQ4 2025Apr 22, 2026
How to read this metric
A negative impact on the rate reconciliation suggests a reduction in the allowance, which can improve net income.
Detailed definition
This metric measures the specific impact of adjustments to the valuation allowance for deferred tax assets on the compan...
Peer comparison
Commonly disclosed in the effective tax rate reconciliation table of 10-K filings.
Metric ID:
cat_tax_reconciliation_valuation_allowance_changeHistorical Data
4 years
| FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|
| Value | 124.2% | 145.4% | 3.9% | -29.1% |
| YoY Change | — | +17.1% | -97.3% | -846.2% |
Range-29.1% – 145.4%
CAGR-38.4%
Avg YoY Growth-308.8%
Median YoY Growth-97.3%
Current Streak2 years decline
Tax Reconciliation: Change in Valuation Allowance at Other Companies
Frequently Asked Questions
- What is Constellation Brands's tax reconciliation: change in valuation allowance?
- Constellation Brands (STZ) reported tax reconciliation: change in valuation allowance of -7.3% in Q4 2024.
- How has Constellation Brands's tax reconciliation: change in valuation allowance changed year-over-year?
- Constellation Brands's tax reconciliation: change in valuation allowance decreased by 846.2% year-over-year, from 1.0% to -7.3%.
- What is the long-term trend for Constellation Brands's tax reconciliation: change in valuation allowance?
- Over 3 years (2022 to 2025), Constellation Brands's tax reconciliation: change in valuation allowance has grown at a -38.4% compound annual growth rate (CAGR), from 124.2% to -29.1%.
- What does tax reconciliation: change in valuation allowance mean?
- The impact on the effective tax rate caused by changes in the valuation allowance for deferred tax assets.