Manulife Financial (MFC) Deferred Taxes (2009 - 2026)
Manulife Financial (MFC) reported Deferred Taxes of -$167.7 million for Q1 2026, down 216.65% on a YoY basis from $143.8 million in Q1 2025, and up 24.55% sequentially from -$222.3 million in Q4 2025.
Manulife Financial (MFC) Deferred Taxes (2009 - 2026) Analysis & Trends
Manulife Financial (MFC) has 15 years of Deferred Taxes data on file, last reported at -$167.7 million in Q1 2026.
- For the quarter ending Q1 2026, Deferred Taxes fell 216.65% year-over-year to -$167.7 million; the trailing twelve-month figure through Mar 2026 stood at -$859.2 million (down 17.91% YoY), and the FY2025 full-year result was -$4.3 million, up 99.5% from the prior year.
- Deferred Taxes rose to -$167.7 million in Q1 2026, from -$222.3 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $420.8 million in Q1 2022 to a low of -$2.1 billion in Q4 2022.
- A 5-year average of -$226.7 million and a median of -$200.9 million in 2024 frame the typical range for Deferred Taxes.
- Peak annual rise in Deferred Taxes reached 205.25% in 2022, while the deepest fall reached 632.43% in 2022.
- Tracing MFC's Deferred Taxes over 5 years: stood at -$2.1 billion in 2022, then surged by 88.82% to -$236.5 million in 2023, then dropped by 22.88% to -$290.6 million in 2024, then increased by 23.51% to -$222.3 million in 2025, then rose by 24.55% to -$167.7 million in 2026.
- Business Quant data shows MFC's Deferred Taxes at -$167.7 million in Q1 2026, -$222.3 million in Q4 2025, and -$225.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Prudential | 75.05 Bn | 67.97 Bn | - | - |
| 2 | Aflac | 63.80 Bn | 58.14 Bn | 2.51 Bn | - |
| 3 | Metlife | 60.34 Bn | 44.39 Bn | 256.00 Mn | - |
| 4 | Manulife Financial | 52.65 Bn | 53.78 Bn | - | -167.72 Mn |
| 5 | Unum | 14.19 Bn | 4.23 Bn | 1.40 Bn | - |
| 6 | Primerica | 9.76 Bn | 9.08 Bn | 770.81 Mn | - |
| 7 | Jackson Financial | 8.17 Bn | 3.03 Bn | - | 19.00 Mn |
| 8 | Lincoln National | 7.81 Bn | -1.09 Bn | 3.25 Bn | - |
| 9 | F&G Annuities & Life | 3.87 Bn | 1.67 Bn | 1.15 Bn | - |
| 10 | Genworth Financial | 3.84 Bn | 2.75 Bn | 553.00 Mn | 23.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -167.72 Mn |
| Dec 31, 2025 | -222.30 Mn |
| Sep 30, 2025 | -225.26 Mn |
| Jun 30, 2025 | -243.94 Mn |
| Mar 31, 2025 | -52.97 Mn |
| Dec 31, 2024 | -290.63 Mn |
| Sep 30, 2024 | -200.86 Mn |
| Jun 30, 2024 | -184.25 Mn |
| Mar 31, 2024 | -207.79 Mn |
| Dec 31, 2023 | -236.52 Mn |
| Sep 30, 2023 | 38.04 Mn |
| Jun 30, 2023 | -197.28 Mn |
| Mar 31, 2023 | -228.57 Mn |
| Dec 31, 2022 | -2.12 Bn |
| Sep 30, 2022 | 407.91 Mn |
| Jun 30, 2022 | -147.46 Mn |
| Mar 31, 2022 | 420.79 Mn |
| Dec 31, 2021 | -288.77 Mn |
| Sep 30, 2021 | 174.77 Mn |
| Jun 30, 2021 | 425.47 Mn |