State and local taxes
Constellation Brands State and local taxes remained flat by 0.0% to -$7.80M in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 186.9%, from $8.98M to -$7.80M. Over 3 years (FY 2022 to FY 2025), State and local taxes shows an upward trend with a -26.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase suggests higher tax obligations in specific operating regions, while a decrease may reflect lower regional profitability or tax planning.
Detailed definition
This metric quantifies the total expense incurred for state and local income taxes, net of any federal tax benefits. It...
Peer comparison
Standard disclosure in the tax reconciliation note for companies with multi-state or multi-jurisdictional operations.
other_income_tax_reconciliation_state_and_local_income_taxesHistorical Data
| FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|
| Value | -$77.80M | $3.40M | $35.90M | -$31.20M |
| YoY Change | — | +104.4% | +955.9% | -186.9% |
State and local taxes at Other Companies
Frequently Asked Questions
- What is Constellation Brands's state and local taxes?
- Constellation Brands (STZ) reported state and local taxes of -$7.80M in Q4 2024.
- How has Constellation Brands's state and local taxes changed year-over-year?
- Constellation Brands's state and local taxes decreased by 186.9% year-over-year, from $8.98M to -$7.80M.
- What is the long-term trend for Constellation Brands's state and local taxes?
- Over 3 years (2022 to 2025), Constellation Brands's state and local taxes has grown at a -26.3% compound annual growth rate (CAGR), from -$77.80M to -$31.20M.
- What does state and local taxes mean?
- The total net cost of state and local income taxes.