Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Percent
Constellation Brands Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Percent remained flat by 0.0% to -$0.07 in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 846.2%, from $0.01 to -$0.07. Over 3 years (FY 2022 to FY 2025), Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Percent shows a downward trend with a -38.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
A negative percentage impact indicates that the release of valuation allowances is lowering the effective tax rate.
Detailed definition
The percentage point impact on the effective tax rate resulting from adjustments to the valuation allowance for deferred...
Peer comparison
Standard component of the effective tax rate reconciliation table in SEC filings.
other_effective_income_tax_rate_reconciliation_change_in_e11876Historical Data
| FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|
| Value | $1.24 | $1.45 | $0.04 | -$0.29 |
| YoY Change | — | +17.1% | -97.3% | -846.2% |
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Percent at Other Companies
Frequently Asked Questions
- What is Constellation Brands's effective income tax rate reconciliation, change in deferred tax assets valuation allowance, percent?
- Constellation Brands (STZ) reported effective income tax rate reconciliation, change in deferred tax assets valuation allowance, percent of -$0.07 in Q4 2024.
- How has Constellation Brands's effective income tax rate reconciliation, change in deferred tax assets valuation allowance, percent changed year-over-year?
- Constellation Brands's effective income tax rate reconciliation, change in deferred tax assets valuation allowance, percent decreased by 846.2% year-over-year, from $0.01 to -$0.07.
- What is the long-term trend for Constellation Brands's effective income tax rate reconciliation, change in deferred tax assets valuation allowance, percent?
- Over 3 years (2022 to 2025), Constellation Brands's effective income tax rate reconciliation, change in deferred tax assets valuation allowance, percent has grown at a -38.4% compound annual growth rate (CAGR), from $1.24 to -$0.29.
- What does effective income tax rate reconciliation, change in deferred tax assets valuation allowance, percent mean?
- The percentage impact on the effective tax rate caused by changes in the valuation allowance for deferred tax assets.