Tax
Change in Tax Valuation Allowance
Constellation Brands Change in Tax Valuation Allowance remained flat by 0.0% to $6.03M in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 72.0%, from $21.55M to $6.03M. Over 3 years (FY 2022 to FY 2025), Change in Tax Valuation Allowance shows a downward trend with a -60.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionTax
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ4 2025Apr 22, 2026
How to read this metric
A decrease in the allowance suggests improved confidence in future profitability and tax asset utilization.
Detailed definition
Measures the net change in the valuation allowance established against deferred tax assets. A valuation allowance is rec...
Peer comparison
Standard disclosure for companies with significant deferred tax assets and fluctuating earnings outlooks.
Metric ID:
tmo_tax_valuation_allowance_changeHistorical Data
16 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $96.38M | $96.38M | $96.38M | $96.38M | $139.40M | $139.40M | $139.40M | $139.40M | $21.55M | $21.55M | $21.55M | $21.55M | $6.03M | $6.03M | $6.03M | $6.03M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +44.6% | +0.0% | +0.0% | +0.0% | -84.5% | +0.0% | +0.0% | +0.0% | -72.0% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | +44.6% | +44.6% | +44.6% | +44.6% | -84.5% | -84.5% | -84.5% | -84.5% | -72.0% | -72.0% | -72.0% | -72.0% |
Range$6.03M – $139.40M
CAGR-52.3%
Avg YoY Growth-37.3%
Median YoY Growth-72.0%
Current Streak3 quarters growth
Change in Tax Valuation Allowance at Other Companies
Frequently Asked Questions
- What is Constellation Brands's change in tax valuation allowance?
- Constellation Brands (STZ) reported change in tax valuation allowance of $6.03M in Q4 2024.
- How has Constellation Brands's change in tax valuation allowance changed year-over-year?
- Constellation Brands's change in tax valuation allowance decreased by 72.0% year-over-year, from $21.55M to $6.03M.
- What is the long-term trend for Constellation Brands's change in tax valuation allowance?
- Over 3 years (2022 to 2025), Constellation Brands's change in tax valuation allowance has grown at a -60.3% compound annual growth rate (CAGR), from $385.50M to $24.10M.
- What does change in tax valuation allowance mean?
- The net adjustment to the reserve for deferred tax assets that may not be realized.