Discontinued — last reported Q4 '23
Tax Credit Carryforward Valuation Allowance
Non-Current AssetsExxon Mobil Tax Credit Carryforward Valuation Allowance increased by 5.3% to $2.65B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 5.3%, from $2.52B to $2.65B. Over 5 years (FY 2020 to FY 2025), Tax Credit Carryforward Valuation Allowance shows relatively stable performance with a -0.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase in the allowance signals management's reduced confidence in generating future taxable income to offset these credits.
Detailed definition
This is a contra-asset account that reduces the value of deferred tax assets related to tax credits when it is more like...
Peer comparison
Common in capital-intensive industries where tax credits are heavily utilized; peers with stable earnings typically have lower allowances.
tax_credit_carryforward_valuation_allowanceHistorical Data
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $2.63B | $2.65B | $2.64B | $2.52B | $2.65B |
| QoQ Change | — | +0.6% | -0.3% | -4.7% | +5.3% |
| YoY Change | — | +0.6% | -0.3% | -4.7% | +5.3% |
Tax Credit Carryforward Valuation Allowance at Other Companies
Frequently Asked Questions
- What is Exxon Mobil's tax credit carryforward valuation allowance?
- Exxon Mobil (XOM) reported tax credit carryforward valuation allowance of $2.65B in Q4 2025.
- How has Exxon Mobil's tax credit carryforward valuation allowance changed year-over-year?
- Exxon Mobil's tax credit carryforward valuation allowance increased by 5.3% year-over-year, from $2.52B to $2.65B.
- What is the long-term trend for Exxon Mobil's tax credit carryforward valuation allowance?
- Over 5 years (2020 to 2025), Exxon Mobil's tax credit carryforward valuation allowance has grown at a -0.6% compound annual growth rate (CAGR), from $2.73B to $2.65B.
- What does tax credit carryforward valuation allowance mean?
- A reduction in the value of tax credits because the company may not have enough future profit to use them.